Remove 2023 Remove Experimentation Remove ROI
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10 AI strategy questions every CIO must answer

CIO Business Intelligence

The time for experimentation and seeing what it can do was in 2023 and early 2024. So the organization as a whole has to have a clear way of measuring ROI, creating KPIs and OKRs or whatever framework theyre using. What ROI will AI deliver? Manry says such questions are top of mind at her company.

Strategy 141
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Companies to shift AI goals in 2025 — with setbacks inevitable, Forrester predicts

CIO Business Intelligence

As they look to operationalize lessons learned through experimentation, they will deliver short-term wins and successfully play the gen AI — and other emerging tech — long game,” Leaver said. Their top predictions include: Most enterprises fixated on AI ROI will scale back their efforts prematurely.

ROI 127
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Learning from the AI leaders

CIO Business Intelligence

Research from IDC predicts that we will move from the experimentation phase, the GenAI scramble that we saw in 2023 and 2024, and mature into the adoption phase in 2025/26 before moving into AI-fuelled businesses in 2027 and beyond. These ROI expectations exist despite many surveyed organisations not having a clear AI strategy.

ROI 59
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Is the gen AI bubble due to burst? CIOs face rethink ahead

CIO Business Intelligence

Determining the ROI for “ubiquitous” gen AI uses, such as virtual assistants or intelligent chatbots , can be difficult, says Frances Karamouzis, an analyst in the Gartner AI, hyper-automation, and intelligent automation group. CIOs need to be able to articulate the business value and expected ROI of each project.

ROI 143
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The CIO’s 2024 AI playbook

CIO Business Intelligence

The AI hype cycle has peaked: Tens of thousands of companies helped get it there with generative AI in 2023, with two-thirds now reporting they have deployed GAI tools to their workforce. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.

ROI 106
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Expectations vs. reality: A real-world check on generative AI

CIO Business Intelligence

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

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ADP’s cloud transformation pays dividends

CIO Business Intelligence

The cloud-native advantage ADP’s aggressive, early digital transformation has paid off nicely: Its expanded HCM portfolio is served to more than 1 million customers globally, up from 800,000 several years ago, with revenues at $18 billion in fiscal year 2023, up from $13 billion five years prior.