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Generative AI gold rush drives IT spending — with payoff in question

CIO

A scramble to invest in artificial intelligence and a natural replacement cycle for computing devices purchased during the COVID pandemic will lead to an 8% increase in global IT spending this year, Gartner predicted. There were very robust stories about how great generative AI was going to be.” growth in 2023.

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The CIO’s 2024 AI playbook

CIO

The AI hype cycle has peaked: Tens of thousands of companies helped get it there with generative AI in 2023, with two-thirds now reporting they have deployed GAI tools to their workforce. After a year of frenzied experimentation and investment, executives will have to identify truly valid use cases (and ROI) for AI in 2024.

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8 pressing needs for CIOs in 2024

CIO

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024. Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools.

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Zendesk report: IT leaders to prioritize these 3 areas in 2024 and beyond

CIO

To understand exactly how IT priorities have changed, Zendesk conducted a global survey of 1,200 IT leaders and found that half of those surveyed said their teams are under pressure to deliver more with fewer resources. Understandably, 84% of respondents said that deploying and optimizing AI has increased significantly in importance.

Report 262
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Top 8 challenges IT leaders will face in 2024

CIO

Add the rapid rise of generative AI, and the past year was one in which CIOs often found themselves on the back foot, reacting to disruptions and shifting strategies in real-time. Embracing these changes, including implementing and encouraging use of the necessary technology, will help position us for success in 2024,” he adds.

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Software vendors offer AI sales boost for retail at NRF show

CIO

As they take stock after the year-end frenzy of shopping the holiday season always brings, retail CIOs attending the National Retail Federation’s annual show, NRF 2024, may be wondering how they can improve their IT systems’ performance over the next 12 months. year on year in the first 11 months of 2023, AI or no AI.

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Generative AI in the Real World: Chip Huyen on Finding Business Use Cases for Generative AI

O'Reilly Media - Ideas

O’Reilly’s Generative AI in the Enterprise survey reported that people have trouble coming up with appropriate enterprise use cases for AI. About the Generative AI in the Real World podcast : In 2023, ChatGPT put AI on everyone’s agenda. 3:02 : AI is easy to demo, but hard to productize.