Most Companies Deploying AI In Marketing, With A Majority Generating Business Value

Over half (52%) of AI marketing deployments generate business value.

Most companies have embedded AI in marketing functions. (Photo source: rawpixel.com/Freepik)

Most companies have embedded artificial intelligence in marketing functions, and AI fluency of chief marketing officers is driving business value and increasing their influence over corporate decision-making and strategy, a report from Infosys Knowledge Institute, a research arm of Infosys Ltd., shows.

Also Read: Paytm Appoints CTO Manmeet Dhody As AI Fellow To Drive Artificial Intelligence Projects

The research also found that leading CMOs allow teams to access real-time insights from data and adjust tactics as they roll out their AI implementation plan. They are more likely to have a responsive AI strategy that aligns with both marketing and overall business goals. 

However, 43% of companies still depend on ad-hoc methods of risk mitigation when it comes to AI in marketing. Embedding dedicated risk management can help compliance and build customer trust.

The report also noted that customer data platforms are essential for maximising AI's value in marketing. Advanced cloud-native MarTech stacks with real-time CDPs can improve scalability and data integration, delivering personalised experiences. 

Also Read: AI Regulation: SEBI Mulls Accountability Framework For Use By Market Institutions

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