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CIOs to spend ambitiously on AI in 2025 — and beyond

CIO Business Intelligence

While the ROI of any given AI project remains uncertain , one thing is becoming clear: CIOs will be spending a whole lot more on the technology in the years ahead. Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028.

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AI data readiness: C-suite fantasy, big IT problem

CIO Business Intelligence

Business leaders may be confident that their organizations data is ready for AI, but IT workers tell a much different story, with most spending hours each day massaging the data into shape. Theres a perspective that well just throw a bunch of data at the AI, and itll solve all of our problems, he says. Thats where the friction arises.

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Digital transformation 2025: What’s in, what’s out

CIO Business Intelligence

Some argue gen AIs emergence has rendered digital transformation pass. AI transformation is the term for them. In 2025, AI will continue driving productivity improvements in coding, content generation, and workflow orchestration, impacting the staffing and skill levels required on agile innovation teams.

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Cost, security, and flexibility: the business case for open source gen AI

CIO Business Intelligence

Travel and expense management company Emburse saw multiple opportunities where it could benefit from gen AI. To solve the problem, the company turned to gen AI and decided to use both commercial and open source models. Both types of gen AI have their benefits, says Ken Ringdahl, the companys CTO.

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Getting the Fundamentals Right for Gen AI

Data Virtualization

It was mid-2023, and Generative artificial intelligence (Gen AI) was already reaching what’s known as Gartner’s ‘peak of inflated expectations.’ The post Getting the Fundamentals Right for Gen AI appeared first on Data Management Blog - Data Integration and Modern Data Management Articles, Analysis and Information.

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Liberty Mutual CIO Monica Caldas on developing a digital-savvy workforce

CIO Business Intelligence

In addition, we have to have the right people with the right skills focused and aligned to the right problem statement, and I’m proud of the team we have built. Right now, we are thinking about, how do we leverage artificial intelligence more broadly? What follows is that conversation, edited for length and clarity.

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8 questions CIOs should ask to prime their business for gen AI

CIO Business Intelligence

Companies are now recognizing the work ahead of them to get their data, people, and processes ready to capitalize on gen AI’s potential. So leaders will need to radically re-think how work gets done. Yet leaders struggle to take the necessary next steps to get the technology off the ground.