FEATURE : PRIORITIES FOR 2024
Matt Smith , Managing Director of
Technology Transformation and CIO practice for Investigo and InX , part of The IN Group , discusses the dynamic landscape of technological advancements as we step into 2024 . managing the evolution of AI , hybrid working , data and bimodal planning will be top of mind throughout the year to come .
Key to these trends is for tech leaders to ensure they have a team of high-skilled tech talent with the knowledge and understanding to adapt to new technological shifts and lead their organisation ’ s transformation journey .
The adoption of Generative AI
Generative AI has had an enormous impact on businesses over the past year or two with the ability to create or generate content , such as images , text , or other data , often through algorithms and Machine Learning techniques . In 2024 , Generative AI will only continue to be adopted across many businesses .
Technology has seen great advancements in several areas over the past year , propelling the world into a new era of innovation and efficiency . To name a few , AI advancements have continued to evolve , Extended Reality has found broader applications across industries and blockchain technology has continued to provide more secure solutions for various applications .
As we transition into 2024 , a horizon of new tech trends will emerge , further changing the world of work as we know it . In particular , the profound impact of Artificial Intelligence on technology and its future is undeniable . These developments will offer a range of opportunities for businesses and their staff , further advancing the world of technology in 2024 .
CIOs , especially , will be at the forefront of navigating technology developments for their organisation and
Generative AI can be used by industries to enhance work efficiency , simplify processes and allow employees to accomplish more . This could leave other businesses behind if they do not embrace these advancements .
The shift to Generative AI can be a game-changer for companies , but without the right tech talent , the benefits won ’ t be truly felt . At all stages of the talent pipeline , businesses need digitally adept staff to implement and utilise developing technology on a dayto-day basis . Whether it ’ s a new graduate or a C-level leader , CIOs must work with their business to recruit technically skilled staff .
To stay competitive , CIOs must transform potential uses into practical business applications . Implementation for implementation ’ s sake can have an adverse impact on staff and resources , so businesses must understand and roadmap impactful AI applications designed to boost business efficiencies .
Embracing tech transformation : The roadmap for businesses in 2024
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