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Nearly nine in 10 business leaders say their organizations data ecosystems are ready to build and deploy AI at scale, according to a recent Capital One AI readiness survey. But 84% of the IT practitioners surveyed, including data scientists, data architects, and data analysts, spend at least one hour a day fixing data problems.
Despite the many concerns around generative AI, businesses are continuing to explore the technology and put it into production, the 2025 AI and Data Leadership Executive Benchmark Survey revealed. Last year, only 5% of respondents said they had put the technology into production at scale; this year 24% have done so. Who runs AI?
Just over 29% of CDOs, chief AI officers, and people with similar jobs surveyed by the Data & AI Leadership Exchange believe the CDO role is a transitional one that will eventually disappear. Nearly 5% of those surveyed say the CDO role has been a failure.
Questionable outcomes and a lack of confidence in generative AIs promised benefits are proving to be key barriers to enterprise adoption of the technology. Sastry Durvasula, chief operating, information, and digital officer at TIAA, firmly believes consumption-based pricing is the best model for business organizations AI strategies.
Dun and Bradstreet has been using AI and ML for years, and that includes gen AI, says Michael Manos, the companys CTO. Other surveys found a similar gap. In a November report by HR consultancy Randstad, based on a survey of 12,000 people and 3 million job profiles, demand for AI skills has increased five-fold between 2023 and 2024.
In a September IDC survey , 30% of CIOs acknowledged they didn’t know what percentage of their AI POCs met target KPI metrics or were considered successful. Meanwhile, about 70% of those surveyed by IDC in September said nine of every 10 custom-built AI apps failed to clear the POC stage and go into production.
However, barriers such as adoption speed and security concerns hinder rapid AI integration, according to a new survey. There is a promising surge in the use of AI technologies across various industries. For Neeraj Kumar, CTO of Arkreach, the speed with which AI technologies are being developed itself poses a threat.
And in a January survey by KPMG of 100 senior executives at large enterprises, 12% of companies are already deploying AI agents, 37% are in pilot stages, and another 51% are exploring their use. Weve developed our own agentic AI for code management, says Charles Clancy, CTO at Mitre. And thats just the beginning.
Ninety percent of CIOs recently surveyed by Gartner say that managing AI costs is limiting their ability to get value from AI. In a recent IFS survey of IT decision-makers in industrial and related industries, 82% of respondents say they’re under significant pressure to adopt AI quickly, he notes. “How
Under pressure to deploy AI within their organizations, most CIOs fear they don’t have the knowledge they need about the fast-changing technology. More than three in five CIOs surveyed by Salesforce say they’re expected to know more about AI than they do, potentially leading to massive and costly deployment mistakes.
In a survey of 2,300 IT decision makers that IBM released in December, 47% say theyre already seeing ROI from their AI investments, and 33% say theyre breaking even on AI. According to experts and other survey findings, in addition to sales and marketing, other top use cases include productivity, software development, and customer service.
Half of CFOs say they plan to cut AI funding if it doesnt show measurable ROI within a year, according to a global survey from accounts payable automation firm Basware, which included 400 CFOs and finance leaders. When it comes to AI investments, companies want results and they want them fast.
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. There’s no single recipe for who should evangelize the staff on the use of artificialintelligence in the company,” says Spinetti. Each case is different.
The 2024 Board of Directors Survey from Gartner , for example, found that 80% of non-executive directors believe their current board practices and structures are inadequate to effectively oversee AI. The world plunged headfirst into the AI revolution. Now many are admitting they werent quite ready.
Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. AI enhances operational efficiency. 5G aids customer service.
Generative AI is already making deep inroads into the enterprise, but not always under IT department control, according to a recent survey of business and IT leaders by Foundry, publisher of CIO.com. The survey found tension between business leaders seeking competitive advantage, and IT leaders wanting to limit risks.
Generative artificialintelligence (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.
One is going through the big areas where we have operational services and look at every process to be optimized using artificialintelligence and large language models. According to the company’s latest global survey of desk workers, employees spend 37% more time on routine administrative tasks instead.
That’s because employees have decidedly mixed feelings about AI coming to their workplaces, according to the recent survey by IT solutions integrator Insight , even as many enterprises are already adopting or experimenting with AI and as AI-enabled phones begin hitting the market.
According to IDCs 2023 CIO Sentiment Survey , organizations were spending an average of 12.8% CIOs should focus on software modernization projects that matter the most , adds Justice Erolin, CTO of software development firm BairesDev. of their IT budgets on tech debt at that time.
Jason Hishmeh, cofounder and CTO at IT services provider Varyence, sees such AI innovations infiltrate every level of the customer journey in the next five years. Nearly half of 8,400 consumers from the four countries say they are already comfortable using AI to choose products and services, according to a mid-2024 survey from Cognizant.
An overwhelming 94% of organizations worldwide are embracing a next-generation ERP strategy that involves migrating to cloud platforms and adopting high-end analytics such as artificialintelligence to overcome the limitations of legacy applications and modernize their businesses, according to a survey of 1,675 IT executives by Boomi. .
Artificialintelligence and machine learning Unsurprisingly, AI and machine learning top the list of initiatives CIOs expect their involvement to increase in the coming year, with 80% of respondents to the State of the CIO survey saying so. Other surveys offer similar findings. 1 priority among its respondents as well.
Scientists, programmers, and engineers work ceaselessly to develop improvements in robotics and artificialintelligence, which constitute some of the most impressive technological feats ever accomplished. No one is arguing that the impacts of technology will not be immense. By Shannon Perry.
In the two years since generative artificialintelligence (genAI) burst onto the global stage and quickly found its way into the strategy playbooks of the worlds largest businesses, weve all heard a lot about the technologys potential. Siddharth Kuckreja is senior vice president and chieftechnologyofficer at TrueStage.
AI isn’t just GenAI,” John Roese, Global CTO of Dell Technologies, said on a recent Tomorrow’s Tech Today webcast. That flashpoint is a big reason why 76% of IT decision makers estimated that GenAI will have a significant if not “transformative,” impact on their organizations, according to a recent Dell survey.
Recently, Intel surveyed 2,020 business and IT leaders from large enterprises with at least $500 million in revenue. They collected their findings in a report titled The Sustainable CTO. The CEOs surveyed said that sustainability would be their top growth driver between now and 2030.
By Andy Nallappan, ChiefTechnologyOfficer and Head of Software Business Operations, Broadcom Software. All this scratches the surface when you think about the future as enterprises combine edge computing with the power of ArtificialIntelligence (AI) and machine learning (ML).
By Andy Nallappan, ChiefTechnologyOfficer and Head of Software Business Operations, Broadcom Software. Expect to see ArtificialIntelligence (AI) feature in a range of activities, such as AI-driven services and development tools with AI bots being used in software testing. and/or its affiliates in the U.S.
Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificialintelligence (AI). So business technology leaders in financial services are carefully navigating a path toward AI.
According to a Bank of America survey of global research analysts and strategists released in September, 2024 was the year of ROI determination, and 2025 will be the year of enterprise AI adoption. But things are going to get really interesting when agents start talking to each other, says Babak Hodjat, CTO of AI at Cognizant.
Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. Kong, which surveyed developers about their API use, found a similar balance, with OpenAI at 27%, Llama at 8%, and Mistral at 4%. To solve the problem, the company turned to gen AI and decided to use both commercial and open source models.
Difficulties estimating or demonstrating the value of AI technologies to the business have been or will be a top barrier to their implementation, according to a recent Gartner survey of more than 700 IT leaders at organizations that have adopted or plan to adopt AI. Most companies are simply playing with the novelty of AI still.”
By Andy Nallappan, ChiefTechnologyOfficer & Head of Software Business Operations, Broadcom This is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. Stay tuned for future blogs that dive into the technology behind these trends from more of Broadcom’s industry-leading experts.
Ransomware accounted for nearly a quarter (24%) of data breach incidents in the 2023 Verizon Data Breach Investigations Report , and Sophos’ State of Ransomware 2023 found that two-thirds of surveyed companies had experienced a ransomware attack. At the top of the cybersecurity risk chart is ransomware attacks.
The trend of applying machine learning and artificialintelligence to the mission of cyber defense is one of the most promising activities in the cybersecurity community. Bob Gourley. The trend towards eliminating data stovepipes to allow analysts to work over all relevant security data is also a very positive movement.
We all know technology moves fast and is only moving faster. ArtificialIntelligence (AI) technologies are moving faster than previous technologies and it is transforming companies and industries at an extraordinary rate. Just as with anything, something is better than nothing. Why is something better than nothing?
But adding artificialintelligence (AI) to the mix is where an even bigger payoff can come. Organizations have been combining automation and AI technologies for a few years now to improve their business processes,” says Maureen Fleming, program vice president at research firm IDC. “It Continuously survey the IA landscape.
A striking 79% of surveyed CIOs now view their role as a collaborative partner in educating and guiding CEOs and boards. The CIO’s role is traditionally focused on operations and security, while the CTO, a more recent position, drives innovation and development. My experience aligns with this trend. IT’s image problem?
On the one hand, artificialintelligence has helped both technology departments and the business units to work better, faster, and cheaper. According to The State of the CIO Survey,24% of CIOs view “reinventing infrastructure/applications to meet new requirements” as a challenge holding IT back. 1 challenge listed.
A recent study from Capgemini found that 75% of organizations surveyed are looking to use AI agents in software development, making it a top early use case. “However, this wave is just beginning, and truly valuable assistants are not yet available to a wide range of users.” Agentic AI is the next evolution of AI, he says.
By Bryan Kirschner, Vice President, Strategy at DataStax It’s high time to treat HR as every bit as important to your company’s artificialintelligence strategy as IT. ArtificialIntelligence, IT Leadership Getting this right matters a lot today. Sixty percent said they felt more fulfilled with their job.
The data maturity observations from Rao and Mishra match, in some ways, a recent survey from Gartner. Sixty-one percent of chief data and analytics officerssurveyed agreed that ChatGPT and other technology market disruptions forced them to evolve or rethink their data and analytics strategies.
And online education company Pluralsight conducted a survey of IT professionals in the US and UK and found that 74% worried AI tools will make many of their daily skills obsolete. Hopefully, the AI is taking some of those routine tasks,” says Henry Svendblad, CTO at Company Nurse, which helps companies handle workplace injuries. “I
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