Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Navigating C-Suite Challenges: Budgeting With AI In Mind For 2025

Nov 21, 2024 - forbes.com
Shane Buckley, President and CEO of Gigamon, discusses the need for careful planning and budgeting for AI implementation in 2025. He emphasizes the importance of prioritizing security in AI investments, given the risks of cyber threats, data privacy, and compliance. Buckley also stresses the need for AI education across all organizational tiers, including the C-suite and board of directors, to ensure effective AI usage and protect against AI-related cyber risks.

Buckley further suggests reviewing network traffic for potential cost-saving opportunities, as the increasing need for data collection and processing is straining many existing networks and budgets. He concludes by stating that despite uncertainties, the path to success in 2025 is clear: prioritize security, invest in education, and maintain vigilance in budgeting, as proactive preparation is crucial for business resilience and future growth.

Key takeaways:

  • Organizations should prioritize security in their AI investments, allocating a portion of their 2025 budget to address potential risks and ensuring that any potential AI partners are proactive in addressing these challenges.
  • Investing in education across the organization is crucial for effective AI implementation. This includes appointing a chief AI and strategy officer, increasing AI expertise at the board level, and training employees on AI usage guidelines and the associated benefits and risks of AI technologies.
  • Reviewing network traffic for cost savings can help organizations prepare their budgets for 2025. Efficiently monitoring network traffic can reduce downtime, streamline operations, enhance resource allocation, and free up the budget for AI investments in the upcoming year.
  • Despite uncertainties as we approach 2025, the path to success is clear: prioritize security, invest in education, and maintain vigilance in budgeting. Proactive preparation is imperative for the resilience and future growth of businesses.
View Full Article

Comments (0)

Be the first to comment!