Remove 2023 Remove Cost-Benefit Remove Strategy Remove Uncertainty
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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What?

Strategy 289
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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

The pressure is on to navigate economic uncertainty. Gartner’s downward revision of projected worldwide IT spending in 2023 from 5.1% Build multiple budget scenarios with increasing levels of cost reduction to illustrate the plays you could run in response to various market conditions.

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Top 9 challenges IT leaders will face in 2023

CIO Business Intelligence

Economic uncertainty Organizations are concerned about multiple economic forces that are all causing uncertainty, says Srinivas Mukkamala, chief product officer at Ivanti. How do you future-proof your business in the face of so much uncertainty?

IT 145
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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

In 2023, big data Is no longer a luxury. However, there are even more important benefits of using big data during a bad economy. As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data offers many benefits for companies in any economy.

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Top 8 challenges IT leaders will face in 2024

CIO Business Intelligence

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.

IT 123
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20 issues shaping generative AI strategies today

CIO Business Intelligence

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. This is an issue for CIOs. It’s not a hammer.

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Top 5 Finance Challenges of 2023

Jet Global

Tasked with managing an organization’s financial status, strategy, and analyzing the business environment, professionals in the industry must maintain accuracy while struggling with outdated, manual processes, rapid digitization, and swiftly changing regulations. Preparing for a possible recession means leadership often reduces budgets.

Finance 52