Remove 2024 Remove Metrics Remove Risk Management
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5 tips for better business value from gen AI

CIO Business Intelligence

Specify metrics that align with key business objectives Every department has operating metrics that are key to increasing revenue, improving customer satisfaction, and delivering other strategic objectives. Below are five examples of where to start. Gen AI holds the potential to facilitate that.

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 CIOs should consider placing these five AI bets in 2025.

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State of the CIO, 2024: Change makers in the business spotlight

CIO Business Intelligence

Nimesh Mehta, SVP and chief information and strategy officer, National Life Group National Life Group The 2024 State of CIO research clearly depicts a more prominent, business-centric role for IT leadership. “For CIOs, understanding the business is table stakes — now we’re expected to change the business, not just technology.”

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TBM helps CIOs translate tech spending to business outcomes

CIO Business Intelligence

More than 90% of IT leaders, in fact, expected their 2025 budgets to increase when surveyed in 2024. Energy use has become an important expense to monitor as well, along with more traditional IT costs and risk management. Its important for organizations to carefully monitor consumption and usage, Maddaloni says.

ROI 96
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CDOs: Your AI is smart, but your ESG is dumb. Here’s how to fix it

CIO Business Intelligence

Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus. Without robust data infrastructure, sustainability reporting can become fragmented, leading to inefficiencies and compliance risks.

IT 59
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The top ESG trends in 2024

IBM Big Data Hub

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. This lack of meaningful metrics isn’t necessarily by design, though.