Remove Artificial Inteligence Remove Fractional CTO Remove Generative AI Remove Tools
article thumbnail

GenAI sticker shock sends CIOs in search of solutions

CIO

The early bills for generative AI experimentation are coming in, and many CIOs are finding them more hefty than they’d like — some with only themselves to blame. CIOs are also turning to OEMs such as Dell Project Helix or HPE GreenLake for AI, IDC points out.

article thumbnail

Transforming IT from cost center to catalyst

CIO

Additionally, we explored how predictive models could be used to identify the ideal profile for haul truck drivers, with the goal of reducing accidents and fatalities. In an industry where companies typically relied on third-party consultants to analyze their data, we believed our approach was a slam dunk. IT’s image problem?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The skills and traits of elite CTOs

CIO

Chief technology officers are key players in the enterprise C-suite, oftentimes working in collaboration with CIOs at the forefront of new and innovative technologies. They are among the most important hires organizations are making today due to the business value that successful technology deployments can bring.

article thumbnail

Is the gen AI bubble due to burst? CIOs face rethink ahead

CIO

Generative AI has been hyped so much over the past two years that observers see an inevitable course correction ahead — one that should prompt CIOs to rethink their gen AI strategies. Operating profit gains from AI doubled to nearly 5% between 2022 and 2023, with the figure expected to reach 10% by 2025, she adds.

article thumbnail

Morgan Stanley’s gen AI launch is about global analysis

CIO

When Morgan Stanley announced its new generative AI support tools for financial advisors last week, it talked about gaining efficiencies from its notetaking abilities. Jonathan Murray, the chief strategy officer at marketing firm Mod Op, agreed that the Morgan Stanley AI move has significant analytics potential.

Analysis 301
article thumbnail

Where’s the ROI for AI? CIOs struggle to find it

CIO

While Kane shows clients how to save time and money using AI tools like Microsoft Copilot, many SMB customers still don’t see the value of generative AI in tasks like writing a newsletter, when the AI doesn’t have access to their internal data. Close behind were machine learning and natural language processing.

article thumbnail

The year’s top 10 enterprise AI trends — so far

CIO

Generative AI touches every aspect of the enterprise, and every aspect of society,” says Bret Greenstein, partner and leader of the gen AI go-to-market strategy at PricewaterhouseCoopers. In a recent report, he estimated that gen AI software revenues will grow from $3.7 Then gen AI came out.