This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As generativeAI begins takes hold in business, who does what work and how organizations will be structured will inevitably change, particularly at the leadership and management levels, according to a new survey from Capgemini in which 1,500 managers from 500 organizations and 15 countries participated.
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.
CIOs are under increasing pressure to deliver meaningful returns from generativeAI initiatives, yet spiraling costs and complex governance challenges are undermining their efforts, according to Gartner. However, unlocking the full value of AI remains elusive, with four critical challenges standing in their way.
According to IDCs July 2024 CIO Sentiment Survey , 26% of CIOs identify recruiting, retaining, and upskilling talent as their biggest challenge to success. Spoiler alert: The solution we will explore in this two-part series is generativeAI (GenAI). This leaves a significant 70% who arent exploring this avenue.
AI continues to shape cloud strategies, but AI implementation is going slower than most predicted. This is frustrating for technology providers who have made big bets on AI. A recent survey conducted by Censuswide on behalf of Red Hat polled 609 IT managers across the United Kingdom and other major markets.
While the 60-year-old mainframe platform wasn’t created to run AI workloads, 86% of business and IT leaders surveyed by Kyndryl say they are deploying, or plan to deploy, AI tools or applications on their mainframes. The survey is cementing the fact that the IT world is hybrid,” she says. “The
Perhaps the most exciting aspect of cultivating an AIstrategy is choosing use cases to bring to life. This is proving true for generativeAI, whose ability to create image, text, and video content from natural language prompts has organizations scrambling to capitalize on the nascent technology.
GenerativeAI playtime may be over, as organizations cut down on experimentation and pivot toward achieving business value, with a focus on fewer, more targeted use cases. In an April survey, IDC found that, on average, organizations had launched 37 AI proof-of-concept projects, with a small minority reaching production.
Not the type to be satisfied with the status quo, they have set big goals for themselves in the upcoming year, according to countless surveys of IT execs. Double down on harnessing the power of AI Not surprisingly, getting more out of AI is top of mind for many CIOs. CIOs are an ambitious lot.
Almost all leaders surveyed have already invested in GenAI, while more than 80% have established expert or robust GenAI teams. A key point from the report is alignment between GenAI and broader business and technology strategies is paramount right from the start. The report identifies that most CEOs view GenAI as transformational.
Many organizations are mortgaging their futures by reallocating IT resources from long-term projects to achieve short-term wins, according to a recent survey of CEOs. Two-thirds of CEOs surveyed by the IBM Institute for Business Value acknowledge raiding long-term IT projects to achieve short-term goals.
Almost all leaders surveyed have already invested in GenAI, while more than 80% have established expert or robust GenAI teams. A key point from the report is alignment between GenAI and broader business and technology strategies is paramount right from the start. The report identifies that most CEOs view GenAI as transformational.
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.
You’re an IT leader at an organization whose employees are rampantly adopting generativeAI. You require a strategy for efficient, productive, and responsible corporate use. Accordingly, many organizations plan to boost GenAI funding, the survey found. 1 GenerativeAI Pulse Survey, Dell Technologies, Sept.
From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digital transformation. research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AIstrategy. Nutanix commissioned U.K.
The road ahead for IT leaders in turning the promise of generativeAI into business value remains steep and daunting, but the key components of the gen AI roadmap — data, platform, and skills — are evolving and becoming better defined. MIT event, moderated by Lan Guan, CAIO at Accenture.
AI, and gen AI in particular, are continuing to bombard the enterprise, but the gains to date havent been as big, nor come as quickly, as many business leaders hoped. Thats according to the fourth quarterly edition of Deloitte AI Institutes State of GenerativeAI in the Enterprise report released on Tuesday.
While Microsoft, AWS, Google Cloud, and IBM have already released their generativeAI offerings, rival Oracle has so far been largely quiet about its own strategy. Trailing other generativeAI service offerings?
Research firm IDC projects worldwide spending on technology to support AIstrategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. Those bullish numbers don’t surprise many CIOs, as IT leaders from nearly every vertical are rolling out generativeAI proofs of concept, with some already in production.
United Parcel Service last year turned to generativeAI to help streamline its customer service operations. Customer service is emerging as one of the top use cases for generativeAI in today’s enterprise, says Daniel Saroff, group vice president of consulting and research at IDC.
As the GenerativeAI (GenAI) hype continues, we’re seeing an uptick of real-world, enterprise-grade solutions in industries from healthcare and finance, to retail and media. But beyond industry, however, there are factors that play into the success or failure of GenerativeAI projects. It’s not all bad news, though.
CIOs feeling the pressure to deploy successful AI projects have a second concern: that they don’t have the money to pull it off. Ninety percent of CIOs recently surveyed by Gartner say that managing AI costs is limiting their ability to get value from AI.
GenerativeAI reminds me of ball bearings: the technology is relatively inexpensive, highly adaptable and a proven way to reduce friction. Investors have taken notice: CB Insights reports that VCs poured $49 billion into AI last year, a 40% jump from the year before.
But the increase in use of intelligent tools in recent years since the arrival of generativeAI has begun to cement the CAIO role as a key tech executive position across a wide range of sectors. In a survey from September 2023, 53% of CIOs admitted that their organizations had plans to develop the position of head of AI.
Gen AI moved past hype and proved its worth ChatGPT and the generativeAI revolution marked their second anniversary in November 2024. To University of Phoenix CIOJamie Smith, that makes gen AI all grown up. Were moving away from the hype and learning to live with generativeAI, he says.
By Bryan Kirschner, Vice President, Strategy at DataStax Today, we’re all living in a world in which “humans with machines will replace humans without machines”—for the second time. This time, generativeAI applications will become ubiquitous and indispensable machines that just about everyone uses to do things on their behalf.
A sharp rise in enterprise investments in generativeAI 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.
As a business executive who has led ventures in areas such as space technology or data security and helped bridge research and industry, Ive seen first-hand how rapidly deep tech is moving from the lab into the heart of business strategy. For example, generativeAI went from research milestone to widespread business adoption in barely a year.
GenerativeAI (GenAI) is having a renaissance, but few industries are experiencing this like healthcare. The 2024 GenerativeAI in Healthcare Survey , however, does a better job at that. The 2024 GenerativeAI in Healthcare Survey , however, does a better job at that.
Organizations are rushing to figure out how to extract business value from generativeAI — without falling prey to the myriad pitfalls arising. Those results align with Foundry’s more recent July 2023 CIO Tech Talk survey that found 60% of IT leaders are actively using gen AI in their enterprise, with 28% more in the exploratory phase.
Despite the mass embrace of generativeAI in its first year of release, most organizations remain cautious about mass adoption. Two-thirds of risk executives surveyed by Gartner consider gen AI a top emerging risk. The potential benefits of generativeAI are huge, and the rewards in success are worth pursuing.
More than three-quarters of those answering a survey from Microsoft say they don’t want to give Copilot up once they’ve used it, and 85% said the AI tool helps them produce a first draft faster. The fear of the blank page Many of those surveyed by Microsoft aren’t paying the bill, however.
If 2023 was the year of AI exploration, then 2024 will be the year of action. According to Forrester , investment in AI software will grow 50% faster than the wider software market. A recent PagerDuty survey also found that 71% of businesses are looking to expand investments in AI and machine learning (ML) in the next year.
GenerativeAI is no longer just an experiment. 2024 saw notable progress in organizations’ generativeAI adoption, according to Enterprise Strategy Group’s recent survey of over 800 IT and business decision-makers across industries and business sizes.
Focused on digitization and innovation and closely aligned with lines of business, some 40% of IT leaders surveyed in CIO.com’s State of the CIO Study 2024 characterize themselves as transformational, while a quarter (23%) consider themselves functional: still optimizing, modernizing, and securing existing technology infrastructure.
Yes, every board member has played with generativeAI. And yes, I recognize that AI is different because previous hot technologies such as client/server and cloud didn’t get a parking space in the boss’s brain box. But still, few will contest that just about everything associated with IT has become a discussion of generativeAI.
The next generation of leaders in family businesses is poised to embrace the transformative power of generativeAI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report. The survey findings too echoed Hinojosa’s sentiment.
For its AI Priorities Study 2023 , Foundry surveyed IT decision-makers who have either implemented AI and generativeAI technologies in their organizations, have plans to, or are actively researching them. Top of those AI priorities for now is generativeAI, with 56% of respondents eager to learn more about it.
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.
GenerativeAI has become a top priority among businesses even though IT leaders are expressing concerns about potential ethical issues posed by the technology, according to a new Salesforce survey. Various forms of AI have been used by businesses for decades. GenerativeAI is the latest major development in the field.
Rapid advancements in artificial intelligence (AI), particularly generativeAI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September.
GitHub first launched its copilot in 2021 , and Microsoft 365 Copilot became generally available a few months ago. These AI assistants often use the term copilot to indicate how generativeAI capabilities embedded in workflow tools can augment and assist people in performing tasks and prompting for information more efficiently.
In a follow-up, he explains how to use predictive lifetime value (LTV) to create “more targeted, effective acquisition strategies that focus on acquiring and retaining customers.” Last fall, Voyantis CEO Ido Wiesenberg shared a TC+ post with several tactics for reducing customer acquisition costs via predictive modeling.
survey revealed that 87 percent of business leaders expect to increase their organization’s investment in sustainability over the next years. This post serves as a starting point for any executive seeking to navigate the intersection of generative artificial intelligence (generativeAI) and sustainability. A Gartner, Inc.
We organize all of the trending information in your field so you don't have to. Join 49,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content