Remove 2024 Remove Experimentation Remove Metrics
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10 AI strategy questions every CIO must answer

CIO Business Intelligence

The 2024 Board of Directors Survey from Gartner , for example, found that 80% of non-executive directors believe their current board practices and structures are inadequate to effectively oversee AI. The time for experimentation and seeing what it can do was in 2023 and early 2024. Now many are admitting they werent quite ready.

Strategy 141
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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. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3

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Enterprises willing to spend up to $250 million on gen AI, but ROI remains elusive

CIO Business Intelligence

As leaders work to define the right metrics, those measures must be tightly aligned with the business strategy and should account for the cost of not investing. Profitability remains a close second, surging from 35% in early 2024 to 73% by years end. However, only 12% have deployed such tools to date.

ROI 81
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Learning from the AI leaders

CIO Business Intelligence

Newly released research from SASs Data and AI Pulse Survey 2024 Asia Pacific finds that only 18% of organisations can be categorised as AI leaders, where the organisation has an AI strategy and long-term investment plans in place. Issues around data governance and challenges around clear metrics follow the top challenge areas.

ROI 59
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How to Build an Experimentation Culture for Data-Driven Product Development

Speaker: Margaret-Ann Seger, Head of Product, Statsig

Experimentation is often seen as an aspirational practice, especially at smaller, fast-moving companies who are strapped for time and resources. March 14th, 2024 at 9:30am PDT, 12:30pm EDT, 4:30pm GMT Use this webinar to earn professional development hours! Save your seat for this exclusive webinar today!

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Climate tech opportunities for IT pros

CIO Business Intelligence

While crucial, if organizations are only monitoring environmental metrics, they are missing critical pieces of a comprehensive environmental, social, and governance (ESG) program and are unable to fully understand their impacts. of survey respondents) and circular economy implementations (40.2%).

IT 52
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Tractor Supply enlists AI to deliver ‘legendary’ customer service

CIO Business Intelligence

Computer Vision also gives insights about customer traffic in stores, including metrics on conversion rate and sales numbers, thus helping the company decide what products to stock, how to display them, and how to arrange products across the store, Allison adds.