Top IT firms embrace AI: exponential business impact revealed by The Hackett Group

Top IT firms embracing artificial intelligence are achieving significant business advantages, according to The Hackett Group. Enterprises with leading IT organizations operate with 9% lower technology costs than their peers, while generating 40% more revenue and 3X higher EBITDA.

These firms allocate a substantial portion of their IT budgets to innovation, dedicating 34% of IT spend to generative AI and other emerging technologies, which is three times the investment of their competitors. Additionally, they modernize their technology environments by spending 50% of total tech budgets on cloud infrastructure, compared to just 28% for peers.

Kyle McNabb, principal and head of research at The Hackett Group, emphasized the critical role of technology leaders in this transformation: "Technology organizations and leaders that embrace their role as AI and transformation enablers help their enterprise deliver exponential business impact."

This strategic focus on AI and cloud modernization not only reduces costs but also drives revenue growth and profitability, positioning these top IT firms as leaders in digital transformation and innovation.

Key stats:
- 9% lower technology costs
- 40% more revenue
- 3X higher EBITDA
- 34% IT spend on generative AI and emerging tech
- 50% of tech budgets on cloud (vs. 28% peers)

These findings highlight the exponential business impact achievable through AI adoption and technology modernization.

Top IT firms adopting AI report 9% lower tech costs, 40% higher revenue, and triple EBITDA, reveals The Hackett Group. These leaders allocate 34% of IT budgets to generative AI and emerging tech, spending 50% on cloud, driving exponential business impact through innovation and modernization.