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PodChats for FutureCIO: Use AI to power growth objectives for 2024

December 19, 2023 CXOCIETY | FutureCIO FutureCFO FutureIoT Season 4
CXOInsights by CXOCIETY
PodChats for FutureCIO: Use AI to power growth objectives for 2024
Show Notes

Gartner’s VP analyst, Bart Willemsen says technology disruptions and socioeconomic uncertainties require a willingness to act boldly and strategically enhance resilience over ad hoc responses. He posits that “IT leaders are in a unique position to strategically lay down a roadmap where technology investments help their business's sustenance of success amidst these uncertainties and pressures.”

Interestingly, five of Gartner’s top 10 strategic predictions for 2024 have an AI influence on them.

Forrester cautions that AI is not the only dynamic that will define 2024. It predicts that the AI hype of 2023 will give way to a year of practical exploration.

Sumir Bhatia, president of the Infrastructure Solutions Group at Lenovo Asia Pacific, joins PodChats for FutureCIO to explore with us how AI will power the growth objectives of businesses in 2024.

1.       How can AI be utilized to enhance productivity and efficiency in various industries to support economic growth in 2024?

2.       In what ways can AI be leveraged to identify and capitalize on new business opportunities and market trends to create new business models?

3.       What are the potential risks and challenges associated with integrating AI into business growth strategies, and how can these be mitigated?

4.       In what ways can AI be harnessed to streamline decision-making processes and drive strategic growth initiatives for businesses?

5.       How can AI be utilized to drive innovation and R&D efforts, leading to the development of new products and services for sustained growth?

6.       Coming into 2024, as the CEO and the rest of the C-suite call for integration of IT into the current technology roadmap, any recommendations for the CIO and his or her IT team to consider as they look to bring in AI without disrupting business as usual?