Remove Artificial Intelligence Remove Budget Remove Change Management
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8 hard truths CIOs must learn to accept

CIO Business Intelligence

CIOs have to accept that their current budget does not allow them to do the transformative work in data thats necessary, he says. Thats a particularly problematic state when it comes to artificial intelligence, and in particular neural networks, given that theyre used to power systems such as autonomous vehicles.

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What CIOs need to secure beyond tech to successfully transform

CIO Business Intelligence

growth in ICT budgets specific to Italy, mostly in line with recent trends. Training, communication, and change management are the real enablers. Managing change and transformation Paolo Sicca, group CIO of manufacturing company Industria Grafica Eurostampa, is an example of how his role is evolving.

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Hesitant digitization hamstrings manufacturers’ outlook

CIO Business Intelligence

Operational employees, on the other hand, are more likely to rely on digital twins (85%) and artificial intelligence (84%). Change management and IT complexity: One fifth of companies surveyed say that change management (22%) and IT complexity (21%) are the biggest obstacles.

Survey 162
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Stop navigating the cloud, and start shaping it

CIO Business Intelligence

Budgeting and forecasting. Setting budgets and forecasting future cloud expenses helps organizations plan their spending and avoid unexpected costs. Regularly reviewing and adjusting budgets based on actual usage ensures better financial control. Change management. Optimization and rightsizing. Cons: Investment.

Cloud 223
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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. A human-centric approach helps with the change management efforts around using agentic AI while evaluating the benefits and risks. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3

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The Hidden Costs of AI Implementation: What No One Tells You

Eric D. Brown

The remaining 70% comprises hidden costs that rarely make it into initial budgets or project proposals. I recently talked to the CEO of a mid-sized manufacturing company that budgeted $500,000 for an AI-driven quality control system. Cultural adaptation is another hidden cost that rarely makes it into initial budgets.

Budget 130
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Under increasing pressure, how can CIOs convince CFOs to invest in AI?

CIO Business Intelligence

Its also important to identify challenges like data privacy, technical readiness, and organizational change management. These tests help evaluate whether the AI solutions integrate well with existing systems and workflows, or if major system overhauls are required, he says.

Survey 293