Executive Summary
As AI maturity grows, the question is no longer whether it can help organisations. Companies, industries and economies are already being reshaped by AI, placing mid-market organisations at the centre of an exciting period of change. Strategies are in place and budgets have been allocated. The focus now is on learning from early experiments, accelerating progress and applying AI in ways that advance business and strategic objectives.
At the same time, AI capabilities are becoming increasingly commoditised, much as internet and cloud technologies did before them. As the market consolidates around a small pool of frontier and open-source models, the technology alone offers limited scope for differentiation. The opportunity lies instead within each organisation. Proprietary data, internal expertise and the institutional knowledge held by its people can provide the backbone for distinctive solutions that create lasting competitive advantage.
Encouragingly, this study finds that most mid-market organisations have laid the foundations for AI success. The next phase is more nuanced, building on these promising beginnings and turning ambition into execution. Doing so will depend on combining technology with deep organisational knowledge, understanding and expertise that people hold.
For this report, we gathered insight from business leaders responsible for IT and AI strategy at UK mid-market organisations. Respondents work across the public sector, (including central government and healthcare), banking and insurance industries.