Welcome to the AI Jungle
Nov 21, 2024 | 3 minsGabby Fredkin, Head of Analytics & Insights at ADAPT, highlights recent advancements in predictive analytics, scenario modelling, and the importance of visibility in technology investment decisions. Starting with statistics on cost optimisation, he discusses challenges CFOs face, such as insufficient resources for tech initiatives, inflationary pressures, and the need for clarity on spending. Gabby emphasises how higher visibility in tech expenses enables more accurate business cases. This allows CFOs to align technology investments with organisational goals and evaluate initiatives favourably when costs, ongoing expenditures, and transition costs are clearly presented.
Gabby illustrates a correlation between visibility and the effectiveness of business use cases in technology. He identifies that organisations with high transparency can better optimise resources, reduce redundant investments, and improve data automation. Gabby encourages CFOs to evaluate the “technology impact to value” ratio in their organisations, asking them to consider the primary value they expect from tech leaders, whether…