Remove 2024 Remove Business Objectives Remove Optimization
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Navigating the cloud maze: A 5-phase approach to optimizing cloud strategies

CIO Business Intelligence

Otherwise, companies will struggle to realize business value with AI/ML capabilities left to endure high cloud cost expenses, as it has been for many companies in 2024 for AI solutions. The assessment provides insights into the current state of architecture and workloads and maps technology needs to the business objectives.

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CIO metrics are failing digital transformation; it’s time to radically rethink success

CIO Business Intelligence

IDC’s CIO Sentiment Survey, July 2024, n = 395 The gap between digital transformation aspirations and outcomes is partly due to how CIOs and IT leaders are measured. For example, IT and business leaders could be jointly measured on metrics such as the adoption rate of new digital platforms or improvements in customer satisfaction.

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

CIO Business Intelligence

Noting that companies pursued bold experiments in 2024 driven by generative AI and other emerging technologies, the research and advisory firm predicts a pivot to realizing value. In addition, despite billions of dollars invested in AI infrastructure and generative AI in 2023, only 20% of businesses reported earnings benefits from AI in 2024.”

ROI 127
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Balancing the costs and opportunities of GenAI adoption

CIO Business Intelligence

The challenge of ROI in innovation The same IDC survey reveals that 58% of IT executives anticipate higher IT spending in 2025 compared with 2024. CIOs, therefore, need a clear strategy for aligning GenAI investments with organizational capabilities and business objectives to justify both current spending and future growth.

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2024 CIO50 Saudi Arabia Awards: Nominations are now open

CIO Business Intelligence

Nominations are now open for the 2024 awards, with all entries to be reviewed by a select and independent CIO50 Middle East judging panel which will rate each section of the questionnaire to determine the final list.

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Deep automation: A CIO weapon for turning disruption into opportunity

CIO Business Intelligence

Unlike traditional approaches, deep automation is holistic, adaptive, and evolutive, prioritizing human-machine partnership and customer experience for optimal efficiency and impact. AI-integrated tractors, planters, and harvesters form a data-driven team, optimizing tasks and empowering farmers.

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AI potential meets ROI pragmatism: 3 crucial questions every CIO should ask

CIO Business Intelligence

To do so, we need to first ask ourselves three key questions: Question #1: How will we use AI to meet our specific business objectives? The question, then, is not whether you will shift toward more AI-influenced operations in 2024 but how and, more importantly, why. AI is a tool, not a mission statement.

ROI 52