New Report Advises CIOs to Drive Innovation With Generative AI
Techstrong.ai, Wednesday, February 14th, 2024
The time to embrace AI in the workplace is now, and not just in terms of coming up with great ideas to apply it, but to actually push those ideations to pilot testing and integration to fully leverage generative AI's potential, according to the CIO Priorities 2024 report from the Info-Tech Research Group, published on Feb. 6, 2024.
'In 2024, generative AI is like an elephant in the C-suite office trumpeting its demands to be addressed,' said Brian Jackson, Principal Research Director and the lead analyst for the report. 'This technology introduces significant opportunities and challenges. The critical question for CIOs and IT leaders is which capabilities need enhancement to leverage these opportunities, and which initiatives should be prioritized to navigate the accompanying enterprise risk effectively.'
The report comes with five 'Top Priorities to Capitalize on Generative AI in 2024,' a list of guidelines, or advice, to help businesses move from discussing the possibility of integrating AI, to developing a plan, making adjustments so that AI can be implemented to enhance productivity, setting up a structure of roles and responsibilities, and updating vendor risk assessments to prevent any supply-chain disruptions.