Home ยป Exploration Report: 750 CIOs Viewing AI/ML as Imperative IT Task in Organizations, Equivalent to Cybersecurity

Exploration Report: 750 CIOs Viewing AI/ML as Imperative IT Task in Organizations, Equivalent to Cybersecurity

Lenovo has recently published the findings from their 2024 Global CIO Report, a survey conducted with 750 CIOs across 10 countries. This year’s survey focused extensively on AI-related questions.

One intriguing discovery from the survey is that AI/ML has now scored 51% in terms of cybersecurity readiness for urgent tasks. Within organizations deemed “AI-ready,” 49% of IT technical staff are fully prepared while the other half are still catching up.

An overwhelming 83% believe that AI will enhance productivity, 77% anticipate improved competitiveness, and 51% foresee cost reduction. However, 42% are skeptical about AI yielding positive ROI within 2-3 years, while 39% have already witnessed returns on their investment.

Key obstacles to implementing AI in organizations include speed (37%), security (37%), and the often-overlooked issue of bias (30%).

Source: Lenovo

TLDR: Lenovo’s 2024 Global CIO Report reveals significant insights on AI adoption and challenges, highlighting the potential benefits and obstacles organizations face in integrating AI technologies.

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