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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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5 tips for better business value from gen AI

CIO Business Intelligence

Set clear, measurable metrics around what you want to improve with generative AI, including the pain points and the opportunities, says Shaown Nandi, director of technology at AWS. Compounding these data segments results in smarter recommendations with lead scoring, sales forecasting, churn prediction, and better analytics.

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What it takes to land a CIO gig in 2024

CIO Business Intelligence

By all accounts, 2024 will be a good year on the CIO hiring front. Global spending on technology is predicted to be up by virtually all forecasts. 2024 seems to be trending higher for CIO demand,” Licciardello says. Most midsize and large organizations are spending significantly on cloud capabilities.

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Top 10 Analytics And Business Intelligence Trends For 2020

datapine

While we work on programs to avoid such inconvenience , AI and machine learning are revolutionizing the way we interact with our analytics and data management while increment in security measures must be taken into account. BN in 2018, it is also predicted to grow with a CAGR rate of 22.43% by reaching 2024. 9) Data Automation.

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Generative AI gold rush drives IT spending — with payoff in question

CIO Business Intelligence

Data centers shoulder the load To support AI workloads, spending on data center systems will increase by 10% in 2024, Gartner predicted, compared to a 4% increase in 2023. Gartner’s new IT spending forecast predicts spending growth in all five major IT categories, including software, IT services, and communications services.

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Climate Change and the need to look back as well as forward

Jen Stirrup

For example, India is also using AI to enhance weather forecasting and climate modelling. The Indian government is testing AI-powered climate models to improve weather forecasts across the country [3]. Artificial Intelligence is one way forward to tackling the issues of climate change.

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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

In its latest filing, the company said it continued executing cost management measures, “including limiting external hiring, employee reorganizations, and other actions” to align its investments with strategic priorities and customer needs. In 2024 alone, 168 tech companies have collectively laid off 42,324 employees.