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What’s holding back CIO’s AI strategies? Their own AI learning curve for one

CIO Business Intelligence

A lack of AI expertise is a problem, however, when other company leaders often turn to CIOs and other IT leaders as the “go-to people” for solving AI problems, says Pavlo Tkhir, CTO at Euristiq, a digital transformation company. “A The technology is too novel and evolving,” he says. “As Blank says.

Strategy 331
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Cost concerns put CIOs’ AI strategies on edge

CIO Business Intelligence

Since AI is new for most companies, this creates a budgeting challenge for their AI initiatives. That uncertainty creates a challenge for risk-averse companies that must work within budget constraints. A simple yet effective approach is to track the relationship between tokens, watts, and dollars, says Chris Sharp, Digital Realty CTO.

Strategy 317
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Outdated business apps can cloud your AI vision

CIO Business Intelligence

With legacy apps tying up a significant portion of an organizations IT budget, less money is available for new initiatives, further slowing down AI adoption. of their IT budgets on tech debt at that time. According to IDCs 2023 CIO Sentiment Survey , organizations were spending an average of 12.8%

Cloud 270
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Taking stock of human capital in the age of AI

CIO Business Intelligence

Case in point was the high turnover rate at road and highway maintenance company AVR Group, and the solutions enacted by its CTO Pierangelo Perdomi to remedy it. This program has its own planning and also a dedicated budget. People stay if they see a future in their career and professional growth,” he says. Each case is different.

CTO Hire 317
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5 hot IT budget investments — and 2 going cold

CIO Business Intelligence

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Related: 6 tips for making the most of a tight IT budget Budgeting, IT Leadership, IT Strategy

Budget 363
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The role of governance in AI: Building trust

CIO Business Intelligence

Generative artificial intelligence (AI) is hot property when it comes to investment, but there’s a pronounced hesitancy around adoption. In a recent global survey , 86% of participants said their organizations had dedicated budget to generative AI, but three-quarters admitted to significant concerns about data privacy and security.

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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. Michael Beckley, CTO and founder of Appian, says document processing is a boring gen AI use case with significant business potential. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3

CTO Hire 356