* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, August 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

    Bama Dining Serving Up New Food, Entertainment – UA News Center

    Bama Dining Launches Thrilling New Food and Entertainment Experiences

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Denver man receives pacemaker using new technology – CBS News

    Denver Man’s Life Transformed by Revolutionary Pacemaker Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

    Bama Dining Serving Up New Food, Entertainment – UA News Center

    Bama Dining Launches Thrilling New Food and Entertainment Experiences

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Denver man receives pacemaker using new technology – CBS News

    Denver Man’s Life Transformed by Revolutionary Pacemaker Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Enterprises enthusiastic about generative AI, Foundry survey shows

August 6, 2023
in Business
Enterprises enthusiastic about generative AI, Foundry survey shows
Share on FacebookShare on Twitter

There are tensions between IT and line-of-business leaders about the risks of moving too fast or losing control of data, however.

Generative AI is already making deep inroads into the enterprise, but not always under IT department control, according to a recent survey of business and IT leaders by Foundry, publisher of CIO.com. The survey found tension between business leaders seeking competitive advantage, and IT leaders wanting to limit risks.

Some 62% of respondents said their organizations were actively using generative AI, with 23% saying they were in the early stages of exploring its use, and 14% saying they were considering implementing it. That leaves just 1% that has either checked out generative AI and dismissed it, or have no plans to use it at all.

Interestingly, non-IT leaders were more likely to report actively using generative AI (73%) than IT leaders (59%), suggesting there’s plenty of experimentation going on beyond the purview of the IT department. Enterprises with 5,000 or more employees were more likely (69%) to be trying the technology than smaller ones (57%).

Enthusiasm for generative AI technology, a branch of AI that can be used to autonomously create new content such as images, videos, or text, varied from one industry to another. Those in retail or financial services were most likely (62%) to report active use of it, closely followed by manufacturing, production, and distribution (59%), and technology (56%).

Tension at the top

There were some interesting splits when Foundry asked respondents whether the greater risk to their organization was moving too fast (adopting generative AI despite security risks or ethical issues) or too slow (being seen as a laggard, or not creating competitive advantage).

IT leaders were more likely (56%) to see moving too fast as the greater threat, while moving too slow was seen as more dangerous by non-IT leaders (52%).

Financial services industry respondents were evenly split on the question. Retailers are definitely risk-takers, with 60% seeing moving too slow as the bigger threat, while those in technology prefer to take precautions, with 58% saying moving too fast is more dangerous.

Furthermore, companies with 5,000 employees or more were most likely to be cautious (75% saying moving too fast is the bigger threat) and smaller companies see slowness as the greatest risk (62.8%).

Brakes on generative AI use

The thing most likely to curb enthusiasm for generative AI (41% overall, and 42% among IT leaders) was the law—or at least legal issues related to generative AI output. These issues could include copyright concerns, privacy violations, or liability for providing or acting on hallucinations of a poorly trained or implemented AI system.

Non-IT leaders, however, were most concerned (40%) about loss of control over corporate data. This only preoccupied 23% of IT leaders, perhaps because they better understand the technological options available for data loss prevention, or for training and running generative AI models on-premises or in private clouds to keep corporate data safe.

Concern about employees going rogue and using generative AI without permission was higher among IT leaders (22%) than among non-IT leaders (14%). That could be because non-IT leaders get to see the benefits of early and unsanctioned experimentation, while IT leaders then have to clean up.

One of generative AI’s superpowers is making mistakes faster, but only 13% of survey respondents (14% in IT, 9% non-IT) cited a lack of confidence in generative AI results as their top concern.

How enterprises use generative AI

Almost 90% of survey respondents said they have generative AI projects of one kind or another underway or have just started them.

Training and upskilling employees on generative AI was the area in which they were most advanced (51% underway, 38% just started), with financial services companies the most likely (59%) to have training projects already underway. Getting generative AI tools in users’ hands came a close second (50% underway, 38% just started). Both those areas could be considered to relate to pure technology, and thus why IT leaders were more likely than non-IT leaders to have projects already underway.

However, non-IT leaders were far more likely to have started work on establishing generative AI policies and guidelines than IT leaders (65% vs 42%), or on identifying use cases (59% vs 38%), the survey found. The industry most likely to have already identified use cases was retail (49%), ahead of tech and manufacturing (42%) with financial services (32%) in last place.

Generative AI generates spending

Asked in which areas their organization would be making AI investments this year, only one respondent (an IT leader in a manufacturing, production, or distribution industry) said “nowhere.”

Spending on AI-enabled applications is on the cards for 76% of respondents, while 68% plan to add headcount for AI-related roles such as data scientists or prompt engineers. Also, 68% will increase security spending, 55% will boost AI-related cloud spending, and 51% will upgrade infrastructure to run AI workloads.

Smaller companies see the greatest need to spend on AI-related security (72% vs 63%).

There were some discrepancies in the spending plans of IT and non-IT leaders, too, with IT seeing the greatest need for spending on AI-enabled applications (79% vs 65%), AI-related headcount (69% vs 63%), and security (70% vs 57%). Non-IT leaders were more likely to want to spend on cloud services (69% vs 51%) and infrastructure upgrades (59% vs 49%).

Foundry conducted its survey in early July, asking senior executives about their preparations for and use of generative AI. Of the 447 respondents, 90% of respondents held C-level roles (CEO, CIO, CTO, CSO, CISO). Other respondents were managers, directors, or VPs. The companies operated primarily in manufacturing, production, distribution, retail, or financial services and the median number of employees in their organizations was 3,750.

Related content

interview

Full Steam Ahead: CIO Kopal Raj of WABTEC India on staying ‘on-track’ with AI, IoT and sustainability goals

“Railways are an integral part of a country’s economy and India’s Vande Bharat trains powered by WABTEC’s new-age, emerging technologies is a great time to be in this space,” says Kopal Raj, CIO of WABTEC India.

By Qiraat Attar

Aug 06, 2023

8 mins

Digital Transformation
Internet of Things
Artificial Intelligence

news

AWS hopes for a savior in AI as revenue growth continues to slow

Top company executives believe that the enterprise shift toward AI workloads is critical to getting back on the high growth trajectory.

By Anirban Ghoshal

Aug 04, 2023

3 mins

Amazon Web Services
Cloud Computing

opinion

4 ways to ask hard questions about emerging tech risks

For too long we’ve accepted all technology as progress. Today, that comfort zone can be a detriment to the business unless tech leaders start scrutinizing beyond face value.

By Nicholas D. Evans

Aug 04, 2023

6 mins

Risk Management
Emerging Technology
IT Leadership

feature

A 4-pronged strategy to cut SaaS sprawl

Oversubscription, underutilization, and shadow IT both bloat SaaS budgets and weaken results. It’s crucial for CIOs to survey their SaaS estates and right size implementations to bring financial relief to their enterprises.

By Yashvendra Singh

Aug 04, 2023

7 mins

SaaS
Digital Transformation
IT Leadership

Podcasts

Videos

Resources

Events

SUBSCRIBE TO OUR NEWSLETTER

From our editors straight to your inbox

Get started by entering your email address below.

Please enter a valid email address

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CIO – https://www.cio.com/article/648312/enterprises-enthusiastic-about-generative-ai-foundry-survey-shows.html

Tags: businessEnterprisesenthusiastic
Previous Post

Improving visibility and security in hybrid cloud environments

Next Post

Hoult’s Exit Changed Up “Dead Reckoning”

Third annual event highlights cultural, ecological importance of Tawas Lake – Iosco County News Herald

Explore the Vibrant Culture and Stunning Ecology of Tawas Lake at This Year’s Exciting Third Annual Event!

August 24, 2025
UNT Ph.D. Grad Gives $2M to Launch Data Science Innovation Lab – Dallas Innovates

UNT Ph.D. Grad Gives $2M to Launch Data Science Innovation Lab – Dallas Innovates

August 24, 2025
Center to advance hunting and conservation looks to tradition, science – NBC Montana

Center Pioneers New Era in Hunting and Conservation by Merging Tradition with Science

August 24, 2025
‘Hidden gem’ – the lifestyle village beating the property slump – Stuff

‘Hidden gem’ – the lifestyle village beating the property slump – Stuff

August 24, 2025
UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

August 24, 2025
Women’s football moves mountains in Pakistan – EL PAÍS English

Women’s football moves mountains in Pakistan – EL PAÍS English

August 24, 2025
Lifeguard, 82, Sets Impressive Guinness World Record After More Than 60 Years Lifeguarding – People.com

82-Year-Old Lifeguard Breaks Guinness World Record After Over 60 Years on Duty

August 24, 2025
Powell’s Rate Cut Signal Reflects Economy’s Delicate Position – Hindustan Times

Powell’s Rate Cut Signal Reflects Economy’s Delicate Position – Hindustan Times

August 24, 2025
Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

August 24, 2025
Hamilton County school board rejects mental health center contract – Chattanooga Times Free Press

Hamilton County School Board Rejects Contract for New Mental Health Center

August 24, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (787)
  • Economy (807)
  • Entertainment (21,686)
  • General (16,641)
  • Health (9,847)
  • Lifestyle (820)
  • News (22,149)
  • People (809)
  • Politics (816)
  • Science (16,019)
  • Sports (21,306)
  • Technology (15,788)
  • World (788)

Recent News

Third annual event highlights cultural, ecological importance of Tawas Lake – Iosco County News Herald

Explore the Vibrant Culture and Stunning Ecology of Tawas Lake at This Year’s Exciting Third Annual Event!

August 24, 2025
UNT Ph.D. Grad Gives $2M to Launch Data Science Innovation Lab – Dallas Innovates

UNT Ph.D. Grad Gives $2M to Launch Data Science Innovation Lab – Dallas Innovates

August 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version