Remove 2024 Remove Cost-Benefit Remove Experimentation
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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. Here’s what they list as their 2024 resolutions. He sees 2024 as the year to have good answers.

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8 pressing needs for CIOs in 2024

CIO Business Intelligence

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024. Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In

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3 key digital transformation priorities for 2024

CIO Business Intelligence

Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control. If CIOs don’t improve conversions from pilot to production, they may find their investors losing patience in the process and culture of experimentation.

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Top 8 failings in delivering value with generative AI and how to overcome them

CIO Business Intelligence

According to a recent IDC study (Future Enterprise Resiliency and Spending Survey, Wave 4, IDC, April 2024), companies are conducting an average of 37 GenAI proofs of concept (POCs), with only five advancing to production. High costs Failing: The infrastructure and computational costs for training and running GenAI models are significant.

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Exploration to elimination: CIO road map for adaptive technology portfolios

CIO Business Intelligence

Yet, according to IDC’s March 2024 Future Enterprise Resiliency and Spending Survey, Wave 3 , 60% of organizations consider their digital infrastructure spending poorly aligned with expected business results. Key strategies for exploration: Experimentation: Conduct small-scale experiments. This phase maximizes long-term value.

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CIOs look to sharpen AI governance despite uncertainties

CIO Business Intelligence

We launched the proof-of-value pilot in November 2023 and rolled it out to all team members by February 2024. AI governance is not just about protecting the enterprise from data leakage or intellectual property theft but also keeping costs in line with budgets, observers note. Here, jurisdictional imbalances are in play. “In

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The bigger the better? Approaching Generative AI by size

CIO Business Intelligence

Medium companies Medium-sized companies—501 to 5,000 employees—were characterized by agility and a strong focus on GenAI experimentation. Resource constraints and the need for immediate, tangible benefits are likely to have shaped their more cautious, results-focused approach.

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