article thumbnail

Essential skills and traits of chief AI officers

CIO Business Intelligence

Driving business benefits Companies seeking CAIOs are looking to reap myriad benefits from AI adoption, ranging from improved decision-making, to increased efficiency of business processes, higher-quality services, profitability, talent management, customer experience, and innovation.

article thumbnail

How adopting sustainability as a service can drive business success and help the planet

CIO Business Intelligence

The technology stack is complemented by professional services from strategy through to execution to ensure that the data is actionable and that there is a clear ROI. One of the biggest challenges of IoT is proving ROI,” says Devin Yaung, SVP, Group Enterprise IoT Products and Services at NTT. Edge Computing.

IoT 101
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

8 pressing needs for CIOs in 2024

CIO Business Intelligence

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation. Our focus is on curating reusable data and AI insights,” she says.

article thumbnail

Why IT leaders are putting more business spin on security spend

CIO Business Intelligence

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going. “If

IT 111
article thumbnail

3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement. In February, McKinsey released the results of a survey showing that 84% of telcos using gen AI for customer services were seeing cost savings, and 45% of them reduced costs by 6% or more. But that was for tasks that the AI was good at.

IT 128
article thumbnail

Digital Risk “Techquilibrium” Requires IRM

John Wheeler

A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches. Digital Risk Management – Gartner. Doing so will allow for a proper ROI analysis detailing the potential for profit maximization.

Risk 53
article thumbnail

Why SMBs Need To Choose the Right Data Backup Solution

Smart Data Collective

We talked about the benefits of Zero Trust , but there are other data protection measures that you must take too. Benefits of cloud backup. In professional terms, it is called TCO and ROI, the overall investment cost and return on investment. What is backup? Data backup is the basis of disaster recovery.