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5 tips for better business value from gen AI

CIO Business Intelligence

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. CIOs should return to basics, zero in on metrics that will improve through gen AI investments, and estimate targets and timeframes.

Sales 143
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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. The world plunged headfirst into the AI revolution.

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

The report underscores a growing commitment to AI-driven innovation, with 67% of business leaders predicting that gen AI will transform their organizations by 2025. The report suggested that the quality of organizational data remains a top obstacle, with 85% of respondents citing it as the most significant challenge for 2025.

ROI 81
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Top analytics announcements of AWS re:Invent 2024

AWS Big Data

AWS re:Invent 2024, the flagship annual conference, took place December 26, 2024, in Las Vegas, bringing together thousands of cloud enthusiasts, innovators, and industry leaders from around the globe. Additional resources: re:Invent 2024 announcement video AWS Glue Introducing AWS Glue 5.0 With AWS Glue 5.0,

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PwC develops solution for automated CSRD reporting

CIO Business Intelligence

In Europe, this attitude has become law, with the Corporate Sustainability Reporting Directive (CSRD) mandating that companies disclose its Environmental, Social, and Corporate Governance (ESG) efforts in annual reports, based on European Sustainability Reporting Standards (ESRS).

Reporting 102
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Salesforce plans generative AI boost for ESG reporting with Net Zero Cloud

CIO Business Intelligence

Generative AI will soon be everywhere — including in Salesforce’s Net Zero Cloud environmental, social, and governance (ESG) reporting tool. Net Zero Cloud uses data held within the Salesforce platform to help enterprises report on their carbon footprint and manage other social and governance metrics.

Reporting 128