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

CIO

“No company got out of 2023 without having a story about how much better their company was going to be, how much better their products were going to be, how much better their customers’ lives were going to be because of generative AI,” he said. There were very robust stories about how great generative AI was going to be.”

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Generative AI sparks family business renaissance: PwC report

CIO

The next generation of leaders in family businesses is poised to embrace the transformative power of generative AI (GenAI) despite marked resistance from the incumbent leaders, according to a PwC report. The survey findings too echoed Hinojosa’s sentiment.

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3 key digital transformation priorities for 2024

CIO

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

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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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Generative AI copilots are your productivity rocket boosters

CIO

So much digital ink has been spilled regarding how generative AI is a first-class productivity booster. Ninety-one percent of business and technology leaders surveyed by Deloitte 1 expect genAI to improve their organizations’ productivity, with 27% expecting a significant productivity boost. 2024 Generative AI

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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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4 Keys to Generative AI Success in 2024

Dataiku

Let’s face it — Generative AI will continue to be the star of the show in 2024. Our commissioned study with Forrester surveyed 220 AI decision makers at large companies in North America in November 2023, and a whopping 83% of them are already exploring or experimenting with the technology.