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All issuesVolume 325, Issue 4Events NewsCxO Events

How CIOs Can Navigate AI Budget Challenges: Managing Costs & Supplier Risks (April 29th)

Tuesday, April 29th, 2025: 10:00 AM to 11:00 AM

Join this complimentary Gartner IT webinar as Gartner experts discuss how CIOs can create an action plan that diagnoses your current AI sourcing approach, develops the plan and helps you source the right solution

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How CIOs Can Navigate AI Budget Challenges: Managing Costs & Supplier Risks (April 29th)

CIOs are experiencing rising pressure on the entire IT budget as GenAI licenses and support costs rise. Additionally, according to Gartner, 35% of annual tech budgets could soon be consumed by GenAI budgets due to cost overruns.

Not only are CIOs responsible for leading tech purchasing effectively, they'll also be looked to by other IT and business partners for answers on AI purchases and the value they bring to the organization. Ungoverned vendor engagement will also increase technical complexity and enterprise IT costs. So, how can CIOs negotiate costs, maintain control and manage supplier risk?

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