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Enterprises willing to spend up to $250 million on gen AI, but ROI remains elusive

CIO Business Intelligence

A sharp rise in enterprise investments in generative AI is poised to reshape business operations, with 68% of companies planning to invest between $50 million and $250 million over the next year, according to KPMGs latest AI Quarterly Pulse Survey. However, only 12% have deployed such tools to date.

ROI 81
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CIOs face mounting pressure as AI costs and complexities threaten enterprise value

CIO Business Intelligence

In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. While some of the surveyed employees in the US, the UK, Australia, India, and China reported saving an average of 3.6

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3 ways to avoid the generative AI ROI doom loop

CIO Business Intelligence

By Bryan Kirschner, Vice President, Strategy at DataStax From the Wall Street Journal to the World Economic Forum , it seems like everyone is talking about the urgency of demonstrating ROI from generative AI (genAI). At least as it was reported, it comes across sounding like a flip dismissal of what genAI might have to offer.

ROI 72
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88% of AI pilots fail to reach production — but that’s not all on IT

CIO Business Intelligence

But as enterprises increasingly experience pilot fatigue and pivot toward seeking practical results from their efforts , learnings from these experiments wont be enough the process itself may need to produce more targeted success rates. A lot of efforts are not gen AI, but they are trying to inject some gen AI things into it, he explains.

ROI 127
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Enterprise ABM Marketing Tools: A Marketers Guide

Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.

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Get The Most Out Of Smart Business Intelligence Reporting

datapine

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. That’s where business intelligence reporting comes into play – and, indeed, is proving pivotal in empowering organizations to collect data effectively and transform insight into action. What Is BI Reporting?

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What Is Ad Hoc Reporting? Your Guide To Definition, Meaning, Examples & Benefits

datapine

With the rate of available data growing exponentially, it’s crucial to work with the right online reporting tools to not only segment, curate, and analyze large data sets but also uncover answers to new questions that you didn’t even know existed. Your Chance: Want to benefit from modern ad hoc reporting?

Reporting 260