Faster, higher, cheaper

AI is to the digital revolution what the steam engine was to the industrial revolution: a driving force transforming the economic world, thanks to three key assets: speed, performance and…cost.

FASTER

Saving time in order to make better use of it elsewhere is now acceptable. According to McKinsey, 75% of AI users report significant time savings thanks to the automation of repetitive activities, enabling them to focus on tasks with higher added-value. “In 2018, it took three days to generate reports. With automation, this only takes half an hour, freeing up time to analyse the results and ensure their consistency,” says Pierre-Louis Bescond, Head of Data & Advanced Analytics at Roquette. McKinsey adds that AI could automate up to 60-70% of employees’ activities, liberating even more time for strategic tasks

HIGHER

It’s already a fact: AI not only improves team performance, it also increases team productivity. According to Microsoft’s annual report entitled “AI at Work Is Here. Now Comes the Hard Part”, 82% of business leaders have observed this. Algorithms can continuously optimise processes

CHEAPER

Though requiring a hefty initial investment, in the long term AI helps to stabilise and even reduce operating costs. Microsoft states in its study that 70% of organisations using AI have seen costs stabilise or decrease through the optimisation of resources. Roquette agrees: “With the basic models we use, like GPT 3.5, whose performance is very good for 95% to 99% of day-to-day tasks, we’re talking about a few dozen euros per month for Roquette. Of course, we also need servers to run all this. But for a company like Roquette with a turnover of some €5 billion, this is a negligible expense in the end,” says Pierre-Louis Bescond. McKinsey adds that the integration of AI could boost labour productivity by between 0.1% and 0.6% a year until 2040.