Remove 2024 Remove Business Objectives Remove Strategy
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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. An enterprise with a strong global footprint is better off pursuing a multi-cloud strategy.

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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.”

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Balancing the costs and opportunities of GenAI adoption

CIO Business Intelligence

Well also examine strategies CIOs can use to address these challenges, ensuring their organizations can recognize the rewards of GenAI without compromising financial stability. CIOs must develop a clear strategy for projecting and demonstrating ROI to ensure that innovation investments align with organizational goals.

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13 IT resolutions for 2024

CIO Business Intelligence

CIOs are readying for another demanding year, anticipating that artificial intelligence, economic uncertainty, business demands, and expectations for ever-increasing levels of speed will all be in play for 2024. They’re articulating ambitions and formulating objectives, turning those would-be challenges into opportunities.

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5 tips for better business value from gen AI

CIO Business Intelligence

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.

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Is your data strategy ready for gen AI? LOB leaders may disagree

CIO Business Intelligence

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September.

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CDOs: Your AI is smart, but your ESG is dumb. Here’s how to fix it

CIO Business Intelligence

Additionally, 97% of CDOs struggle to demonstrate business value from sustainability-focused AI initiatives. Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus.

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