CIOs' Lack Of Success Metrics Dooms Many AI Projects
CIO, Thursday, December 5th, 2024
Nearly a third of CIOs don't know which AI POCs achieved their metrics. But they keep launching projects anyway - a hope-fueled strategy doomed to fall short of results.
Many organizations have launched dozens of AI proof-of-concept projects only to see a huge percentage fail, in part because CIOs don't know whether the POCs are meeting key metrics, according to research firm IDC.
In a September IDC survey, 30% of CIOs acknowledged they didn't know what percentage of their AI POCs met target KPI metrics or were considered successful.