The CIO’s path to driving value with AI
How Chief Information Officers can dramatically increase their impact on the business by charting the course for AI.
In July 2024, KPMG conducted a survey of 225 senior business leaders at companies with $1 billion or more in revenue. That 2024 KPMG Generative AI Survey report reveals that executives say that generative AI is already having a significant impact on how they are charting the course for their organizations.
In the July survey, business leaders said:
- IT is the top area where they have the highest integration of genAI, with 66 percent saying they have fully integrated or are in the process of executing a holistic genAI program
- 83 percent say they believe genAI investments will increase over the next three years
- Executives say revenue growth is the top goal for genAI investment, with the remainder saying productivity is a top goal.
GenAI is not a fad. It’s a game-changer, and business executives expect to see the payoff in the next three years as they scale its use in their organization to gain a competitive edge and grow their business.
Carl Carande
Vice Chair of Advisory at KPMG LLP
CIOs will play a pivotal role in implementing this transformative technology. A new report, CIO-led AI transformation , shares 3 key ways CIOs can take the lead on the enterprise AI journey: Read more
There's no better way to get started than to lead by example. Accelerate AI adoption within your organization to boost productivity and champion change. These are the technologies and processes you are most familiar with.
Sustained success requires an AI-ready enterprise. CIOs must close key gaps to enable responsible enterprise-wide AI adoption across applications, data, cloud, and cyber.
CIOs must collaborate to effectively steward enterprise AI strategy through investments, technology decisions, and adoption.
KPMG ranks #1 for quality AI advice and implementation in the US
According to senior buyers of consulting services who participated in the Source study, Perceptions of Consulting in the US in 2024, KPMG ranked No. 1 for quality in AI advice and implementation services.
Put AI into action
At KPMG we’re embracing the power of AI to elevate the experiences of our clients and their people. We can help you think through your AI plan, then develop and launch it—and guide you as you execute your program.
We help CIOs take charge of their AI efforts with solutions designed for all three pivotal roles. This includes aligning their efforts with leading practices and keeping you moving forward quickly with confidence and conviction. We can help you:
- Anticipate and adapt to the wide-ranging impacts AI can have on your organization, including budgets and financial controls, business processes and operating models, and employee growth and retention.
- Understand your data – where it comes from, what controls are required, how to maximize value locked in it, and how to share that value across organizations.
- Harness the power of AI ethically and responsibly with trusted AI principles and governance models for mitigating risk.
How KPMG Trusted AI Services can help
Our AI professionals tailor the approach to meet the requirements, platforms, and capabilities of different organizations to deliver an effective and accepted security strategy. Consideration of current and upcoming regulations and frameworks underpins all of our solutions.
About KPMG Trusted AI Services
Trusted AI is our strategic framework and suite of services and solutions to help organizations embed trust in every step of the AI lifecycle. We combine deep industry experience and modern technical skills to help businesses harness the power of AI in a trusted manner—from strategy to design through to implementation and ongoing operations.
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Start the conversation and connect with our team today to learn how we can help you realize the full potential of AI.
