The Forrester Wave™: AI Services, Q2 2024
AI Services providers lead client transformation as they transform themselves. The AI journey has evolved from scarce talent and unreliable technology to generative AI (genAI) driving enterprise demand with more powerful, easier-to-use models and lower barriers to entry. GenAI created a catalyst for AI services providers to grow their businesses while transforming their own operations. AI leaders should now seek providers that offer business transformation support beyond simple partnering and augmentation, looking for those that: 1) Impart their own AI transformation journey experience, 2) Link AI solutions explicitly to the balance sheet, 3) Build executive behaviors, change management, and AI ownership, and 4) Appropriately address AI risk while advancing AI reward.
No common features specified.
Vendors must, among other requirements:
A: This research evaluates nine leading AI services providers across 19 criteria grouped into current offering, strategy, and market presence. The evaluation focuses on how providers help enterprises adopt AI, particularly generative AI, for business transformation. It examines providers' capabilities in areas such as business impact, AI risk management, change management, executive education, AI governance, design and development approach, and their own AI transformation experience.
A: This research should be used by AI leaders and professionals who are selecting an AI services provider to support their organization's AI adoption and transformation journey. It helps buyers identify providers that can deliver business impact, manage AI risk appropriately, support organizational change, link AI solutions to financial outcomes, and provide transformation expertise based on the provider's own genAI disruption experience. Organizations can use the customizable Excel-based vendor comparison tool to adapt criteria weightings to their specific needs.
A: Vendors included in this evaluation must have: 1) Over $250 million in revenue in the past year, 2) A substantial business consulting arm with qualifications to support AI engagements where business consulting is a primary competency that may be delivered outside of AI-specific engagements, 3) Demonstrated relevance to Forrester clients for both business and technology objectives specific to AI initiatives, and 4) High prevalence in competitive RFI/RFP processes and frequent mentions by AI services competitors during Forrester's research.
A:
A:
A:
A: Current Offering (50% weight) evaluates each vendor's position on the vertical axis and measures the strength of their current service delivery capabilities, including business strategy, business impact, AI risk management, change management, executive education, AI center of excellence, talent, design approach, platforms, governance, and GenAI operations. Strategy (50% weight) evaluates placement on the horizontal axis and measures the strength of vendors' strategies for future growth and market leadership, including vision, innovation, partner ecosystem, pricing flexibility, community engagement, and talent strategy.