The clock is ticking.
Artificial intelligence has transitioned from its introduction as a shiny new toy to becoming a cornerstone of companies’ operations.
A recent survey by McKinsey & Company found that AI has overtaken cybersecurity and infrastructure modernization as companies’ top area of technology investment for the next two years, underscoring how central the technology has become to corporate growth plans
CIOs, the firm said, are increasingly being pulled into enterprise strategy and are now expected to drive measurable business results.
“Technology expertise has become strategy expertise,” McKinsey said.
More than half of the respondent companies identified AI as a priority investment, reflecting what the firm described as a broader shift in how executives view the technology.
“AI has become a business imperative,” the firm said.
The…
