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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Related: 6 tips for making the most of a tight IT budget Budgeting, IT Leadership, IT Strategy

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Chief AI officer: What it takes to land the C-suite’s hottest new job

CIO

As countless organizations race to investigate or adopt artificial intelligence technologies, many are building out an AI skilled workforce. That includes the decision to appoint or hire a chief artificial intelligence officer (CAIO). Ozzie Coto, chief AI officer and CTO at The Cult Branding Co.,

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

CIO

For Neeraj Kumar, CTO of Arkreach, the speed with which AI technologies are being developed itself poses a threat. One of the main difficulties is calculating ROI to convince CFOs to approve budgets, and this challenge is also present when considering AI adoption, according to Abhishek Gupta, CIO of Dish TV.

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Generative AI Practitioners in Healthcare Prioritize Industry-Specific and Task-Specific Models as Budgets Surge 300%, New John Snow Labs Survey Finds

John Snow Labs

Conducted by Gradient Flow , the research explores the trends, tools, and behaviors around generative artificial intelligence (GenAI) use among healthcare and life sciences practitioners. The survey highlights a number of key priorities of practitioners unique to the healthcare industry.

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Top 9 challenges IT leaders will face in 2023

CIO

The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. But the CTO and co-founder says that scaling to meet that demand presents its own challenges, which require self-reflection.

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IT leader’s survival guide: 8 tips to thrive in the years ahead

CIO

Never forget the power of people Despite trendy talk about current and future use cases, as with any technology artificial intelligence is only as powerful as the people developing and working with it, says Satish Jayanthi, co-founder and CTO at Coalesce. I firmly believe in prioritizing human capital.”

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Top 8 challenges IT leaders will face in 2024

CIO

We are giving our budget and proposed projects more scrutiny to invest in areas that have clear attribution toward generated increased revenue, more efficiencies, lower costs, and improved workplace experiences,” Srivastava says. We believe that smart technology still holds the biggest promise to improve our client’s operations,” he says.

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