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All issuesVolume 307, Issue 4IT NewsAI

How AI Empowers CIOs to Enhance Financial Performance

ITProToday, Monday, October 23,2023

Automation can elevate CIOs to strategic roles within organizations, allowing them to focus on tasks that drive revenue and innovation.

The rapid rise of generative AI, including Google's conversational AI software Gemini and OpenAI's GPT-4, presents an important opportunity for CIOs. Leveraging these new technologies, alongside other digitization, empowers them to elevate their roles and positively impact their businesses' bottom line.

Over the next 12 to 18 months, 60% of CIOs surveyed for the latest PWC Pulse Survey plan to invest in new technologies, including AI and cloud, and 58% are investing specifically in GenAI.

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