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In a climate of layoffs and increased pressure to boost efficiency, many software teams are turning to AI, with 70% adopting AI solutions. This trend is becoming an industry standard, driven by the potential for a 250% increase in software development speed, equivalent to completing tasks in 5 hours instead of 8. These teams anticipate efficiency gains of up to 350% within a year. Successful AI adoption can provide a significant competitive advantage, while those avoiding AI may miss out on valuable opportunities. To succeed in AI adoption, businesses need a strong data and tech infrastructure, an AI-ready team and culture, strategic planning, and a focus on AI ethics, governance, and compliance.

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