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Generative AI gold rush drives IT spending — with payoff in question

CIO Business Intelligence

No company got out of 2023 without having a story about how much better their company was going to be, how much better their products were going to be, how much better their customers’ lives were going to be because of generative AI,” he said. growth in 2023. Another big change from 2023 comes in the devices category, which saw a 9.1%

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It’s 2023… are you still planning and reporting from spreadsheets?

IBM Big Data Hub

Having such a platform that also allows planning team members to leverage predictive forecasting and integrate decision management and optimisation models puts organisations at a significant advantage over those that continue to rely on manual worksheet or spreadsheet-based planning processes. appeared first on Journey to AI Blog.

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Expectations vs. reality: A real-world check on generative AI

CIO Business Intelligence

For every optimistic forecast, there’s a caveat against a rush to launch. For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But that may be as much about protecting any competitive advantage as it is about any lack of success.

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Is your data strategy ready for gen AI? LOB leaders may disagree

CIO Business Intelligence

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. Foundry’s recently released AI Priorities Study 2023 found that 56% of IT decision-makers are eager to learn more about gen AI. , well of course they might think it is,” Aytay says. I need to know my forecast.

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15 Best Non-Profit KPIs and Metric Examples for 2023 Reporting

Jet Global

Fundraising return on investment (ROI) : this metric is used by non-profits to gauge the performance of each of its campaigns. Δ The post 15 Best Non-Profit KPIs and Metric Examples for 2023 Reporting appeared first on insightsoftware. Annual funds raised : This metric shows the monetary results of the organization’s campaigns.

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Cloud Analytics Powered by FinOps

Cloudera

The FinOps framework is helping organizations to obtain the best ROI for their cloud transformation. According to the Flexera 2023 survey 1 , 82 percent of enterprises and SMBs pointed to cost management as the main challenge they are trying to overcome. Why FinOps?

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Real-time artificial intelligence and event processing  

IBM Big Data Hub

In 2023, the IBM® Institute for Business Value (IBV) surveyed 2,500 global executives and found that best-in-class companies are reaping a 13% ROI from their AI projects—more than twice the average ROI of 5.9%.