Remove Fractional CTO Remove Generative AI Remove Survey
article thumbnail

10 AI strategy questions every CIO must answer

CIO

The 2024 Board of Directors Survey from Gartner , for example, found that 80% of non-executive directors believe their current board practices and structures are inadequate to effectively oversee AI. What are we trying to accomplish, and is AI truly a fit? Now many are admitting they werent quite ready.

Strategy 211
article thumbnail

CIOs’ lack of success metrics dooms many AI projects

CIO

Many organizations have launched dozens of AI proof-of-concept projects only to see a huge percentage fail, in part because CIOs don’t know whether the POCs are meeting key metrics, according to research firm IDC. Thirty-five percent of CIOs said none of their custom-built AI apps made it out of POC.

Metrics 187
Insiders

Sign Up for our Newsletter

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

article thumbnail

IT leaders: What’s the gameplan as tech badly outpaces talent?

CIO

Dun and Bradstreet has been using AI and ML for years, and that includes gen AI, says Michael Manos, the companys CTO. Weve been innovating with AI, ML, and LLMs for years, he says. But 76% of respondents say theres a severe shortage of personnel skilled in AI at their organization, according to the August report.

article thumbnail

What’s holding back CIO’s AI strategies? Their own AI learning curve for one

CIO

Under pressure to deploy AI within their organizations, most CIOs fear they don’t have the knowledge they need about the fast-changing technology. More than three in five CIOs surveyed by Salesforce say they’re expected to know more about AI than they do, potentially leading to massive and costly deployment mistakes.

Strategy 199
article thumbnail

Top 7 generative AI use cases for business

CIO

The launch of ChatGPT in November 2022 set off a generative AI gold rush, with companies scrambling to adopt the technology and demonstrate innovation. They have a couple of use cases that they’re pushing heavily on, but they are building up this portfolio of traditional machine learning and ‘predictive’ AI use cases as well.”

article thumbnail

7 ways gen AI can create more work than it saves

CIO

More time saved, more wasted time When gen AI helps employees do their jobs faster, companies assume the free time will be used for higher-value activities. According to the company’s latest global survey of desk workers, employees spend 37% more time on routine administrative tasks instead. The AI can go deeper than a Google search.”

article thumbnail

Beyond the hype: 4 use cases that show what’s actually working with gen AI

CIO

If 2023 was the year of experimentation with gen AI, 2024 was when companies zeroed in on use cases and started putting pilot projects into production. In a survey of 2,300 IT decision makers that IBM released in December, 47% say theyre already seeing ROI from their AI investments, and 33% say theyre breaking even on AI.