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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO Business Intelligence

According to a separate study on the AI readiness of Indian enterprises conducted by EY and Indian IT industry body Nasscom, enterprises are also holding back the deployment of AI due to concerns about data security, privacy, brand reputation, and the safety and security of people and equipment.

ROI 136
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How to calculate TCO for enterprise software

CIO Business Intelligence

When organizations buy a shiny new piece of software, attention is typically focused on the benefits: streamlined business processes, improved productivity, automation, better security, faster time-to-market, digital transformation. It can help uncover hidden costs that could come back to bite you down the road.

Software 131
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CIOs face mounting pressure as AI costs and complexities threaten enterprise value

CIO Business Intelligence

CIOs are under increasing pressure to deliver meaningful returns from generative AI initiatives, yet spiraling costs and complex governance challenges are undermining their efforts, according to Gartner. hours per week by integrating generative AI into their workflows, these benefits are not felt equally across the workforce.

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Why enterprise CIOs need to plan for Microsoft gen AI

CIO Business Intelligence

Between building gen AI features into almost every enterprise tool it offers, adding the most popular gen AI developer tool to GitHub — GitHub Copilot is already bigger than GitHub when Microsoft bought it — and running the cloud powering OpenAI, Microsoft has taken a commanding lead in enterprise gen AI.

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Enterprise Strategy Group (ESG) Predicts DataRobot Can Provide a 3.5–4.6X Expected ROI

DataRobot Blog

The new findings from industry analyst ESG, The Economic Benefits of DataRobot AI Cloud , detail how ESG models predict improved operational efficiencies, reduced risk, and improves business outcomes with the DataRobot platform for artificial intelligence and machine learning. ROI in a timeframe that’s up to 90% to 98% faster.

ROI 52
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Generative AI’s killer enterprise app just might be ERP

CIO Business Intelligence

Enterprise resource planning (ERP) is ripe for a major makeover thanks to generative AI, as some experts see the tandem as a perfect pairing that could lead to higher profits at enterprises that combine them. It’s difficult to estimate cost savings at Runmic because the company embraced AI early in its short history, Kouhlani says.

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Make extraction pay: How can organizations maximize the value of their data and deliver ROI?

CIO Business Intelligence

While some enterprises are already reporting AI-driven growth, the complexities of data strategy are proving a big stumbling block for many other businesses. Another Gartner survey found that nearly half (49%) of the organizations surveyed had difficulty estimating and demonstrating the value of their AI projects.

ROI 110