AI becomes key lever on company profits, says PwC Cyprus

AI is no longer simply a productivity tool, but is becoming one of the most important sources of operating leverage for companies that know how to use it, according to Yiannis Stavrianos, Senior Manager, Advisory Services at PwC Cyprus.

Stavrianos said the shift is already visible among a small group of organisations that have moved beyond experiments and demos, and are now using AI to reshape their cost base, growth model and decision-making processes. “Every CEO has, by now, seen the demos,”...