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20 issues shaping generative AI strategies today

CIO

Organizations are rushing to figure out how to extract business value from generative AI — without falling prey to the myriad pitfalls arising. Those results align with Foundry’s more recent July 2023 CIO Tech Talk survey that found 60% of IT leaders are actively using gen AI in their enterprise, with 28% more in the exploratory phase.

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Chief AI officers in demand as IT leaders expect gen AI productivity boost, survey finds

CIO

For its AI Priorities Study 2023 , Foundry surveyed IT decision-makers who have either implemented AI and generative AI technologies in their organizations, have plans to, or are actively researching them. Top of those AI priorities for now is generative AI, with 56% of respondents eager to learn more about it.

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7 sins of digital transformation

CIO

With generative AI now a firm digital transformation priority , 2023-24 will mark the beginning of an AI-driven transformation era. Focusing on the technology, not business outcomes According to a recent Gartner survey , the most critical digital transformation outcome is to excel at customer and employee experiences.

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What is digital transformation? A necessary disruption

CIO

Some are also investing in next-generation internet technologies. Nearly 75% of companies surveyed for the 2023 State of Digital Transformation Report from tech company Prophet said they’re either adopting, piloting, or exploring blockchain, the metaverse, and other Web3 technologies. Now it’s this move to generative AI.

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Do Everything for Less: Cost Efficiency in FS

Exadel

In a 2021 KPMG survey of more than 200 global banking executives, 85% of executives stated they are accelerating their cost reduction efforts , with 83% planning to refocus cost optimization efforts.” These systems are capable of adapting to a changing environment autonomously and in real-time.