Remove Off-The-Shelf Remove Strategic Planning Remove Survey
article thumbnail

CIOs’ lack of success metrics dooms many AI projects

CIO

In a September IDC survey , 30% of CIOs acknowledged they didn’t know what percentage of their AI POCs met target KPI metrics or were considered successful. Meanwhile, about 70% of those surveyed by IDC in September said nine of every 10 custom-built AI apps failed to clear the POC stage and go into production.

Metrics 187
article thumbnail

6 tips for making the most of a tight IT budget

CIO

global inflation rate, an ongoing talent squeeze, and persistent supply issues as a triple threat to CIOs’ ability to realize time to value for their tech investments this year, according to its 2023 Gartner CIO and Technology Executive Survey , which gathered data from 2,203 CIOs in 81 countries and all major industries.

Budget 207
Insiders

Sign Up for our Newsletter

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

article thumbnail

Unlocking Success: Dos and Don’ts of Custom Software Development Solutions

InfoBest

Custom software development has become a strategic imperative for companies aiming to streamline operations, enhance efficiency, and gain a competitive edge. Custom software can automate these processes, giving you back precious time for more strategic endeavors. Why Consider Custom Software?

article thumbnail

Supply Chain Control Tower: Enhancing Visibility and Resilience

Altexsoft

Let’s look at what they say in recent surveys. According to the PwC 2023 Digital Trends in Supply Chain Survey , 86 percent of respondents believe they should invest more in technology to identify, track, and measure supply chain risk. “Control towers are the artificial intelligence (AI) of supply chain.

article thumbnail

The Big Picture of Business- Professional Education Necessary for Company Success

Strategy Driven

Training is unfairly blamed and scapegoated for pieces of the organizational mosaic that Strategic Planning and cohesive corporate Vision should have addressed early-on. Training is rarely allowed to be extensive. It is usually technical or sales/marketing in nature. I conduct Executive Think Tanks for corporate management. Knowledge.

article thumbnail

CEOs believe AI can develop better business plans than board members

CIO

A full 94% of CEOs surveyed for AI platform provider Dataiku believe an AI agent could provide similar or better advice on business decisions than a human board member. Meanwhile, 89% believe AI can develop a better strategic plan than a member of their executive leadership team. AI doesnt know your exact business problem.

article thumbnail

Quick ROI vs. innovation: CIOs face competing AI goals

CIO

According to a recent survey from IBM, many IT leaders appear to be favoring one approach at the risk of missing out on the other. Nearly half of the more than 2,400 IT decision-makers surveyed say their AI projects have achieved positive ROI, according to the survey results.