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All issuesVolume 322, Issue 4IT NewsCxO

Where CIOs Should Place Their 2025 AI Bets

CIO, Tuesday, January 21st, 2025

In setting the course for a more pragmatic, AI-centric organization, CIOs should consider use cases and supporting strategies that will deliver foundational change and fundamental results.

We may look back at 2024 as the year when LLMs became mainstream, every enterprise SaaS added copilot or virtual assistant capabilities, and many organizations got their first taste of agentic AI. CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3 times compared to 2023 but forecasts lower increases over the next two to five years.

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