According to the Gartner AI Opportunity Radar, which of the following is essential for AI business success?

Stakeholder buy-in is fundamental for achieving AI business success as it ensures that all relevant parties—including leadership, employees, and customers—understand, support, and are engaged with the AI initiatives being implemented. This alignment fosters a culture that embraces innovation, facilitates collaboration across different departments, and ensures that resources are adequately allocated to AI projects. When stakeholders are invested in the outcomes, it enhances the likelihood of successful project implementation and sustainability, leading to better organizational outcomes.

Additionally, while other factors like market share acquisitions, cost reduction strategies, and crisis management have their roles, they do not directly create the necessary environment for AI projects to thrive. Without the backing and enthusiasm of stakeholders, even the most technically sound AI initiatives can falter due to a lack of motivation, unclear objectives, and insufficient strategic alignment.