Generative AI is not the only initiative that can transform your company in the coming year. Addressing operational gaps and building up new digital leaders can also be force multipliers. Credit: metamorworks / Shutterstock 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. This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94% of the executives we surveyed said they had plans to increase their investment in IT or emerging technologies, and 80% said they plan to increase investment in AI over the next year,” reports Ken Englund, leader of technology, media, and telecommunications for the Americas at EY. Despite all that, CIOs should add generative AI initiatives to the much longer secondary list of transformation programs. After all, every department is pressured to […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
