Where’s the ROI for AI? CIOs Struggle to Find
1. **Difficulty in Estimating AI Value**: - Nearly half of AI leaders find it challenging to estimate or demonstrate the value of AI technologies. - Estimating or demonstrating AI's value is a significant barrier to implementation. 2. **Adoption of AI**: - Over 95% of IT leaders report AI implementation in at least one business process. - More than a quarter have adopted AI for multiple processes across several business units. 3. **Barriers to AI Implementation**: - Key barriers include lack of talent and skills, and lack of confidence in AI technologies. - The ongoing cost is a significant barrier to adopting generative AI. 4. **CIOs' Concerns**: - Despite widespread adoption, many CIOs are concerned about the actual value of AI. - Some companies adopt AI without a specific use case or proper employee training. 5. **Need for Proper Use Cases**: - Effective AI implementat...