A Guide to Artificial Intelligence for CIOs

Article - IT
By Balve Bains|17th May 2022

Surviving in today’s competitive world requires businesses to efficiently utilize available resources and take appropriate strategic decisions that lead to better efficiencies. Artificial Intelligence (AI) is transforming work and simplifying how businesses operate. AI accelerates innovation by making every interaction, experience, and process more intelligent. Combining automation with AI is expected to release $134B in labor value next year, according to IBM.

So, how can automation transform your business by optimizing internal processes that eliminate manual processes, deliver exceptional digital customer experiences and better business performance? Let’s discuss.

Although cloud and data remain front and center for most CIOs, they are also looking at how emerging trends and technology can be beneficial for their organizations, not only now, but in the future. According to a recent PwC Pulse Survey AI tops the list (61%) as very important to a company’s products and services strategy. It is further endorsement that AI and algorithms are now viewed as a recognized technology. It can be used to create and leverage better customer experiences and improve decision-making. In addition, AI is being utilized to innovate products and services.

AI is Transformative

This type of intelligence is transformative, universal and it is happening right now. Leading organizations are already leveraging this type of technology, which is why CIOs should keep it front of mind. CPG’s, Retail and Financial Services businesses are using it to create seamless, insightful, and proactive customer and user experiences. AI can take away some of the manual, mundane tasks bettering the employee experience – but it can enhance the customer experience by making things more personalized. AI help companies listen to their customers and listen and connect the conversations they are having on various social media platforms, chatbots, emails, phone calls, SMS, etc.

Most modern corporations are already using AI to predict sales, support cyber security endeavours, and as previously mentioned, observe social media sites for customer movements. A by-product of AI is the plethora of data that it creates which cannot be ignored. Data needs to be in order, not living in silos, and easily accessible to provide actionable insights.

Learn More About AI

Want to learn more about AI and how leading businesses are leveraging it to stay ahead of the competition? Come to one of our events! GDS Summits are tailored 3-day virtual event conferences that bring together business leaders and solution providers to accelerate sales cycles, industry conversations and outcomes. Regarding the CIO Summits 88% of Delegates said the overall experience of Digital Summit they attended was either Above Average or Excellentwhilst 92% of Delegates said the Digital Summit provided them with actionable outcomes to support their current initiatives.

For more, click here to hear from attendees on how GDS has helped them to achieve their business outcomes.

Continue the debate at GDS’ CIO Summits where we bring together senior IT executives who are actively seeking to share, learn, engage, and find the best solutions.

Apply to Attend

Back to insights

Related content

IT
Article

Learning from leaders: Reflections on the CIO Summit

The role of the CIO is only getting tougher. But what is top of mind for IT leaders as we head into 2024?
Ben Thompson
Find out more
IT
Article

The GDS Summit attendee experience

What is a GDS Summit and how can attending help you to deliver success?
Sapphire Smith
Find out more
IT
Article

Chat GPT:Learnings from the first six months

OpenAI’s ground-breaking large language model is proving a game-changer for businesses everywhere. So, what have we learned thus far?
Ben Thompson
Find out more
IT
Article

Why do so many transformations fail, and what can you do about it?

We’re all transforming, to a greater or lesser extent. But that doesn’t mean we’re all doing it well. So what does good look like? And how do we avoid
Ben Thompson
Find out more
IT
Stories

Twilio build over $11 million in attributed pipeline through suite of GDS Experiences.

Find out more
IT
Article

Wrestling with data: How WWE built a data-driven empire

Best known for its superstar wrestlers and all-action entertainment, WWE has – quietly but surely – established itself as a true sports data and analy
Alex Wood
Find out more
IT
Stories

SecureWorks positions itself as a trusted advisor 

Find out more
IT
Stories

Pipeline generation and unlocking the c-suite for Deep Instinct

Find out more
IT
Article

Five Steps to Building a Resilient Enterprise: The Broadcom Perspective

We look at five steps for organizations to take to build more resilience as highlighted by Nicole Fagen, Director of AIOps and Automation at Broadcom.
Jade Gamlin
Find out more

Related events