{"id":1540426,"date":"2024-07-24T06:36:27","date_gmt":"2024-07-24T10:36:27","guid":{"rendered":"https:\/\/www.practicalecommerce.com\/?p=1540426"},"modified":"2024-10-28T15:07:32","modified_gmt":"2024-10-28T19:07:32","slug":"charts-how-cios-view-ai","status":"publish","type":"post","link":"https:\/\/www.practicalecommerce.com\/charts-how-cios-view-ai","title":{"rendered":"Charts: How CIOs View AI"},"content":{"rendered":"<p>Roughly one-third of U.S. chief information officers believe technology is the primary force behind their companies&#8217; success and growth, according to EY&#8217;s <a href=\"https:\/\/www.ey.com\/en_us\/cio\/cio-insights-survey#survey\">&#8220;2024 CIO Sentiment Survey<\/a>,&#8221; conducted in March 2024, which provides insights on how CIOs of leading organizations are addressing challenges in pursuing a growth agenda in the age of generative AI.<\/p>\n<p>The respondents were 500 U.S.-based CIOs from various industries, including consumer products and retail, healthcare, life sciences, advanced manufacturing and mobility, tech media, and telecom.<\/p>\n<p>According to the survey, when CIOs adopt a more ownership role in digital initiatives, they can lead to notable gains.<\/p>\n<div id=\"everviz-fMVR1s2cn\" class=\"everviz-fMVR1s2cn\"><script src=\"https:\/\/app.everviz.com\/inject\/fMVR1s2cn\/?v=7\" defer=\"defer\"><\/script><\/div>\n<p>&#8211;<\/p>\n<p>In addition, CIOs anticipate that data analytics (43%) and IT and cyber due diligence (41%) will improve the transaction process owing to <a href=\"https:\/\/www.practicalecommerce.com\/get-a-handle-on-ai-with-these-10-books\">the use of AI.<\/a><\/p>\n<div id=\"everviz-PxEl4qbcy\" class=\"everviz-PxEl4qbcy\"><script src=\"https:\/\/app.everviz.com\/inject\/PxEl4qbcy\/?v=12\" defer=\"defer\"><\/script><\/div>\n<p>&#8211;<\/p>\n<p>The data also shows that many CIOs still view generative AI as in the pilot or proof-of-concept phases.<\/p>\n<div id=\"everviz-jziHBKwLH\" class=\"everviz-jziHBKwLH\"><script src=\"https:\/\/app.everviz.com\/inject\/jziHBKwLH\/?v=7\" defer=\"defer\"><\/script><\/div>\n<p>&#8211;<\/p>\n<p>Moreover, revenue generation is the <a href=\"https:\/\/www.practicalecommerce.com\/charts-business-adoption-of-ai\">primary motivation<\/a> for over 37% of CIOs for using generative AI, while 27% point to the technology to reinvent their business model. Roughly 19% claim that cost reduction is the primary AI driver.<\/p>\n<div id=\"everviz-ClMkETX2-\" class=\"everviz-ClMkETX2-\"><script src=\"https:\/\/app.everviz.com\/inject\/ClMkETX2-\/?v=5\" defer=\"defer\"><\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>According to an EY survey, most U.S. chief information officers are using or plan to use artificial intelligence in their companies.<\/p>\n","protected":false},"author":2426,"featured_media":1540436,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_wp_rev_ctl_limit":""},"categories":[13093],"tags":[58315],"class_list":["post-1540426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analytics-data","tag-charts",""],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.2 (Yoast SEO v25.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Charts: How CIOs View AI - Practical Ecommerce<\/title>\n<meta name=\"description\" content=\"According to an EY survey, most U.S. chief information officers are using or plan to use artificial intelligence in their companies.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.practicalecommerce.com\/charts-how-cios-view-ai\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charts: How CIOs View AI\" \/>\n<meta property=\"og:description\" content=\"According to an EY survey, most U.S. chief information officers are using or plan to use artificial intelligence in their companies.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.practicalecommerce.com\/charts-how-cios-view-ai\" \/>\n<meta property=\"og:site_name\" content=\"Practical Ecommerce\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/practicalecommerce\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-24T10:36:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-28T19:07:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.practicalecommerce.com\/wp-content\/uploads\/2024\/07\/Charts-CIOs-Outlook-on-AI.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"360\" \/>\n\t<meta property=\"og:image:height\" content=\"240\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adel Boukarroum\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AdelBoukarroum\" \/>\n<meta name=\"twitter:site\" content=\"@practicalecomm\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adel Boukarroum\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.practicalecommerce.com\/charts-how-cios-view-ai#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.practicalecommerce.com\/charts-how-cios-view-ai\"},\"author\":{\"name\":\"Adel Boukarroum\",\"@id\":\"https:\/\/www.practicalecommerce.com\/#\/schema\/person\/3563f0e58295ba5183bb2eead7d4d892\"},\"headline\":\"Charts: How CIOs View AI\",\"datePublished\":\"2024-07-24T10:36:27+00:00\",\"dateModified\":\"2024-10-28T19:07:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.practicalecommerce.com\/charts-how-cios-view-ai\"},\"wordCount\":183,\"publisher\":{\"@id\":\"https:\/\/www.practicalecommerce.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.practicalecommerce.com\/charts-how-cios-view-ai#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.practicalecommerce.com\/wp-content\/uploads\/2024\/07\/Charts-CIOs-Outlook-on-AI.jpg\",\"keywords\":[\"Charts\"],\"articleSection\":[\"Analytics &amp; 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