TECH & AI
Jensen Huang , Founder and CEO of NVIDIA , argues that Generative AI is “ advancing at lightspeed .”
We agree , with Gartner reporting that 80 % of conversational offerings will embed generative AI by 2025 , up from 20 % in 2024 . McKinsey echoes these findings , finding that industry Gen AI adoption has spiked by 72 % as it starts to generate true value .
However , the manufacturing sector is notably slower in terms of adoption .
Two manufacturers that defy this trend are , surprisingly enough , two of the oldest .
KONE , the global elevator and escalator manufacturing giant founded over a century ago in Finland , and Georgia-Pacific , the leading pulp and paper manufacturer established in 1927 .
These two manufacturers have embraced generative AI to astonishing effect , successfully taking the technology from concept to strategic implementation and proving that old adage true : with age comes wisdom .
KONE helps improve people flow and urban spaces
KONE : Gen AI to embrace urbanisation & digitisation Amy Chen joined KONE in 2021 as its SVP and first Chief Innovation Officer , moving with her family from Beijing to Finland .
Her appointment highlights KONE ’ s recognition of the necessity of developing a meaningful strategy for digital innovation , as it dramatically changes the business and urban landscape .
With a revenue of more than US $ 10.9bn in 2023 , close to 600,000 customers and over 60,000 employees ,
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