EDITOR ’ S QUESTION
AS THE TECHNOLOGY THEY WORK WITH ADVANCES – IS IT TIME TO RE-ASSESS THE ROLE OF THE CIO ?
ANAND RAMAN , EVP AND COO , NEWGEN SOFTWARE
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In 2023 , the 22nd Annual State of the CIO Report conducted by the Bostonheadquartered tech media firm Foundry
GenAI presents a transformative opportunity for CIOs to not only enhance employee productivity but also drive organizational growth in a rapidly evolving digital landscape .
revealed that 85 % of CIOs believe they are becoming ‘ changemakers ’ within their organizations . It also suggested that more than 77 % ( approximately 3 in 4 CIOs ) indicated their role was elevated due to the recent economic uncertainty .
Among these changes , one area of paramount importance is the utilization of GenAI to enhance employee productivity – an imperative focus for CIOs . Reports suggest that technology drives around 71 % of business transformation and GenAI stands at the forefront of this revolution . Its ability to analyze vast amounts of data , predict outcomes and provide actionable insights empowers CIOs to make informed decisions that drive organizational success .
Leveraging Gen AI for intelligent content summarization can empower employees to quickly grasp the essence of lengthy materials , enabling them to absorb information faster and make informed decisions more efficiently , thereby boosting overall productivity . In essence , GenAI presents a transformative opportunity for CIOs to not only enhance employee productivity but also drive organizational growth in a rapidly evolving digital landscape . Through strategic integration and collaboration , CIOs can leverage GenAI to shape a future where productivity is not just a goal but a tangible reality .”
28 INTELLIGENTCIO LATAM www www . . intelligentcio . com . com