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Based on those and other criteria, here are three digital transformation practices CIOs might want to increase their focus on in 2025, and three worth replacing with other strategies or practices. 2025 will be the year when generative AI needs to generate value, says Louis Landry, CTO at Teradata.
According to the MIT Technology Review Insights Survey, an enterprise datastrategy supports vital businessobjectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their datastrategy.
Yet, while businesses increasingly rely on data-driven decision-making, the role of chief data officers (CDOs) in sustainability remains underdeveloped and underutilized. Additionally, 97% of CDOs struggle to demonstrate business value from sustainability-focused AI initiatives.
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Interestingly, Gartner has predicted that at least 30% of GenAI projects will be abandoned after proof of concept by the end of 2025. Translating AI’s Potential into Measurable Business Impact It can’t be denied that a mature enterprise datastrategy generates better business outcomes in the form of revenue growth and cost savings.
Insurers are increasingly adopting data from smart devices and related technologies to support and service their customers better. billion units by 2025, a huge jump from the 13.8 Putting Data to New Use . Insurers are very accepting of acquiring new data sources for specific use cases. billion units that exist today.
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