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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

We may look back at 2024 as the year when LLMs became mainstream, every enterprise SaaS added copilot or virtual assistant capabilities, and many organizations got their first taste of agentic AI. CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI.

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Reimagine application modernisation with the power of generative AI

CIO Business Intelligence

As a consequence, these businesses experience increased operational costs and find it difficult to scale or integrate modern technologies. The business benefits of GenAI-driven modernisation The benefits of powering application modernisation with GenAI are clear.

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Balancing the costs and opportunities of GenAI adoption

CIO Business Intelligence

But alongside its promise of significant rewards also comes significant costs and often unclear ROI. For CIOs tasked with managing IT budgets while driving technological innovation, balancing these costs against the benefits of GenAI is essential. million in 2025 to $7.45

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Unlocking the full potential of enterprise AI

CIO Business Intelligence

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] AI in action The benefits of this approach are clear to see.

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The Ultimate Guide To Data-Driven Construction: Optimize Projects, Reduce Risks, & Boost Innovation

Speaker: Donna Laquidara-Carr, PhD, LEED AP, Industry Insights Research Director at Dodge Construction Network

In today’s construction market, owners, construction managers, and contractors must navigate increasing challenges, from cost management to project delays. 📆 October 30th, 2024 at 9:30 AM PT, 12:30 PM ET, 5:30 PM BST Fortunately, digital tools now offer valuable insights to help mitigate these risks.

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Cost, security, and flexibility: the business case for open source gen AI

CIO Business Intelligence

Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO. Another benefit is that with open source, Emburse can do additional model training. You get more control over your costs.

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What to expect from AI in the enterprise in 2025

CIO Business Intelligence

Despite these limitations and concerns among CIOs over AI costs, real progress has been made this year and we can expect to see this grow further in 2025. Employee knowledge of their companys products, processes, and the markets they operate in and customers they sell to is often uncoded and tacit.