AI stands as a prime focus for technology investment, with a notable 42% of CIOs emphasizing its importance in a recent survey. However, turning the theory of AI into practical applications remains a significant challenge, particularly in regulated sectors such as banking. CIOs express concerns over having high-quality data and the right prompt engineering to utilize generative AI effectively.
To successfully implement AI technologies, a strategic approach is essential. Investment is needed not just for acquiring the tools, but also for necessary change management processes that educate and engage employees in their use. The establishment of trained teams and the oversight of data governance prove crucial in harnessing AI’s potential. Companies must also prepare for compliance with regulations like the AI Act as they navigate the evolving landscape of technology.
Ultimately, the goal is to move from pilot projects to widespread implementation through dedicated efforts that include identifying effective use cases and ensuring quality data. The industry faces an urgent need for standardized, certified data to unlock the true benefits of AI applications that can significantly enhance efficiency and productivity.
👉 Pročitaj original: CIO Magazine
