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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
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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. Its a marketplace and sociality problem, he adds. Whats equally challenging? CIOs must accept the fact that theyll have to ask for that money and sell the CEO, CFO, and board on getting it.

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Hesitant digitization hamstrings manufacturers’ outlook

CIO Business Intelligence

Change management and IT complexity: One fifth of companies surveyed say that change management (22%) and IT complexity (21%) are the biggest obstacles. The difficulty of managing changes in the company and dealing with complex IT systems prevents the rapid implementation of digital projects.

Survey 162
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4 methods to help CIOs manage cyber stress

CIO Business Intelligence

Two years on since the start of the pandemic, stress levels of tech and security executives are still elevated as global skills shortages, budget limitations and an ever faster and expanding security threat landscape test resilience. “In Change Management, Identity Management Solutions Kerissa Varma.

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State of the CIO, 2024: Change makers in the business spotlight

CIO Business Intelligence

Nimesh Mehta might not have millions of followers on social media, yet he still considers himself an influencer. It consistently requires a lot of change management, including the right level of engagement and collaboration with business stakeholders.”

Strategy 325
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Digital KPIs: The secret to measuring transformational success

CIO Business Intelligence

For example, McKinsey suggests five metrics for digital CEOs , including the financial return on digital investments, the percentage of leaders’ incentives linked to digital, and the percentage of the annual tech budget spent on bold digital initiatives.

Examples 352
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How to Drive Sustainable, Data-First Business With HPE GreenLake

CIO Business Intelligence

Drive cost efficiencies and make headway on meeting corporate environmental, social, and governance (ESG) targets, for starters. The annual budget cycle also encourages organizations to buy and deploy equipment even if there’s not a direct need, to avoid forfeiting available IT dollars. “If The benefits?

Data 259