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CIOs eager to scale AI despite difficulty demonstrating ROI, survey finds

CIO

However, barriers such as adoption speed and security concerns hinder rapid AI integration, according to a new survey. Of the 750 CIOs around the world surveyed by Lenovo, 81% said they are already leveraging third-party AI Tools or deploying a mix of third-party and proprietary AI.

Survey 342
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5 hot IT budget investments — and 2 going cold

CIO

The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. This applies to his IT group as well, specifically, in using AI to automate the review of customer contracts, Nardecchia says.

Budget 363
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Building your own web application platform is locking you in

CIO

Organizations have been transitioning away from legacy, monolithic platforms as these decades-old IT systems bog down management, flexibility, and agility with their tightly entangled components. This can be costly for organizations: A recent study found that 25 to 40% percent of IT projects exceed their budget or schedules by more than 50%.

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Why IT surveys can’t be trusted for strategic decisions

CIO

One reason is that surveys dominate research into IT practices, and their results generally follow the well-worn template: X percent of Y does or is planning to do Z. Surveys, that is, only reduce our uncertainty about how many people or organizations are doing something we care about (or are supposed to). Why do I say that, you ask?

Survey 148
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11 ways to reduce your IT costs now

CIO

“The net result is that some organizations’ technology debts are growing faster than anything else and robbing them of their budgets and ability to innovate.” The need to reorient IT’s budget toward future opportunities is one big reason CIOs are reviewing their IT portfolios now. But it’s not the only one.

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Low-code: An Accelerator for Digital Transformation

CIO

Digital transformation is expected to be the top strategic priority for businesses of all sizes and industries, yet organisations find the transformation journey challenging due to digital skill gap, tight budget, or technology resource shortages. Amidst these challenges, organisations turn to low-code to remain competitive and agile.

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Microsoft can’t keep up with demand for AI in the cloud — for now

CIO

Many features have been developed for Windows and Office copilots without having been deployed due to the lack of compute. Customers are unlikely to go elsewhere, though, as AI workloads are often fueled by large amounts of enterprise data from applications running in the same cloud. AWS and Google both have capacity issues as well.