< Back to 68k.news DK front page

Denmark's GenAI Paradox: From Lagging to Leading

Original source (on modern site) | Article images: [1] [2] [3] [4] [5] [6] [7] [8]

March 18, 2024 

By Thomas Foege, Marianne Dahl, Gertie Find Laerkholm, Christian Gabe, Mette Lindgaard, and Daniel Sack

Reading time: 3 min

Key Takeaways

Overview

The most extensive Nordic survey to date has been performed to investigate the adoption and application of Generative AI (GenAI) by Danish companies, yielding a comprehensive analysis of how businesses are interacting with and harnessing the power of this innovative technology. Including responses from more than 572 Danish company executives and senior management across all industries and company sizes, the survey presents us with a representative picture of the full Danish industry.

The Next Frontier of Innovation

Generative AI (GenAI) represents one of the most significant technological breakthroughs of the modern era. By harnessing the power of large language models and machine learning, GenAI has the potential to fundamentally reshape how businesses operate and deliver value. As an innovation leader, Denmark finds itself at a critical juncture—whether to fully embrace this wave of disruption or risk falling behind global competitors.

Recommendations: Defining Success with GenAI

Resolving this paradox requires an acceleration in how Danish companies approach GenAI. This report outlines key recommendations for business leaders to take ownership and articulate a bold vision based on different company archetypes identified.

What we learn from visionary executors:

Companies that simply explore GenAI through discrete proof-of-concepts will fail to realize its full potential. Successful implementation requires committed leadership to point the entire organization toward an ambitious future state.

Sustaining Denmark's Innovation Edge

GenAI will be vital for sustaining Denmark's edge in innovation and global competitiveness. Companies cannot afford to be passive or move incrementally on adoption.

This comprehensive report equips Danish leaders to get ahead of the curve—pinpointing risks and barriers while providing a detailed blueprint to overcome them. Those who take action will be positioned to thrive in the Age of Generative AI. Those who delay will inevitably be disrupted and left behind by more decisive competitors.

Subscribe to our Artificial Intelligence E-Alert.

Authors

Thomas Foege

Managing Director & Partner

Copenhagen

Marianne Dahl

Managing Director & Partner

Copenhagen

Gertie Find Laerkholm

Managing Director & Partner

Copenhagen

Christian Gabe

Managing Director, BCG Platinion/COO Nordic System

Copenhagen

Mette Lindgaard

Managing Director & Partner

Copenhagen

Daniel Sack

Managing Director & Partner

Stockholm

ABOUT BOSTON CONSULTING GROUP

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.

© Boston Consulting Group 2024. All rights reserved.

For information or permission to reprint, please contact BCG at permissions@bcg.com. To find the latest BCG content and register to receive e-alerts on this topic or others, please visit bcg.com. Follow Boston Consulting Group on Facebook and X (formerly Twitter).

< Back to 68k.news DK front page