AI is becoming more accessible, so why is enterprise adoption still so expensive?

By Sabya Sen, Vice President, IMEA & APAC, Alteryx

As companies move generative AI from experimental phases into everyday operations, a new question is emerging: how much is AI actually costing the business? But as more and more companies introduce the use of generative AI and LLMs in their operations, companies are faced with the new challenge of the unpredictability of AI expenditure.

It is not only about how much AI a company uses, but how effectively it does it. Each prompt, response, and piece of information used by LLMs (Large language models) requires tokens, and this has an impact on costs. Therefore, as AI is implemented across business processes, uncontrolled token consumption can reduce the expected ROI from these investments.

According to research conducted by Alteryx and its partner NextWave, the use of appropriate modelling, business logic along with reusable workflows can reduce token spending by up to 95%,...

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