Remove .Net Remove Budget Remove Financial
article thumbnail

The new CFO: How AI has changed the game for chief financial officers

CIO Business Intelligence

Now, it’s time to pay for it, and that’s putting a spotlight squarely on the chief financial officer (CFO), who has increasingly become the gatekeeper deciding which projects get funded and how significantly AI will play a role in enterprise strategy. For the CFOs at the center of that transformation, the stakes are higher than ever.

Financial 264
article thumbnail

5 tips for better business value from gen AI

CIO Business Intelligence

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. But if all gen AI does is improve productivity, CIOs may be challenged long term to justify budget increases and experiments with new capabilities.

Data 358
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Value stream management (VSM) delivered $81M in savings

CIO Business Intelligence

In fact, VSM has been shown to deliver significant organizational benefits and quantifiable, financial ROI. In November 2023, Forrester Consulting conducted a Total Economic Impact™ (TEI) study, commissioned by Broadcom, which found organizations using ValueOps, a dedicated VSM solution, can realize significant financial benefits.

Study 334
article thumbnail

CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO Business Intelligence

Upskilling existing staff to manage AI technologies requires significant time and financial investment. One of the main difficulties is calculating ROI to convince CFOs to approve budgets, and this challenge is also present when considering AI adoption, according to Abhishek Gupta, CIO of Dish TV.

Survey 342
article thumbnail

How Women in Tech are rising to the new challenges

CIO Business Intelligence

With emerging technologies like Gen-AI keeping organizations in a flurry of new implementations, a rapidly shifting CIO role, new innovations testing budgets and adaptability of organizations and increasing competition, a competent CIO is the ace that can change the game.

CTO 147
article thumbnail

11 ways to reduce your IT costs now

CIO Business Intelligence

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. The need to reorient IT’s budget toward future opportunities is one big reason CIOs are reviewing their IT portfolios now.

article thumbnail

How to Craft a Cloud Experience Without Busting the IT Budget

CIO Business Intelligence

Data suggests IT leaders will spend despite a challenging macroeconomic environment that includes inflation, snarls in the supply chain and other financial pressures. Investing in IT without busting the budget is no mean feat, for even the most well-heeled organizations.

Budget 130