WEBVTT bf9b733a-8918-435a-910b-a201ccc1140c-0 00:00:00.320 --> 00:00:05.760 Over 80% of companies are already using developer tools that are GenAI ea06782f-b86b-4baa-a049-381894c56118-0 00:00:05.760 --> 00:00:08.591 enabled, but very few of them are actually doing ea06782f-b86b-4baa-a049-381894c56118-1 00:00:08.591 --> 00:00:09.400 that at scale. 1d10e184-6d25-4afe-81ee-5378fca9c7a9-0 00:00:09.680 --> 00:00:11.800 Becky, thank you so much for being here with us. 0699d691-f1bf-4ead-aae9-370174de304a-0 00:00:12.160 --> 00:00:17.470 BCG's recent IT spending pulse shows that cost control is now rivaling growth for a 0699d691-f1bf-4ead-aae9-370174de304a-1 00:00:17.470 --> 00:00:19.240 top priority for IT leaders. 71bc07af-b78c-497e-9d83-59dc8acc513d-0 00:00:19.520 --> 00:00:24.640 How are you seeing CIOs really shift their strategies to balance both goals? be82d453-b499-4023-bbaf-7fc39c074041-0 00:00:25.000 --> 00:00:25.880 Great question. 000a5a7c-36ac-44f9-b8fd-78ca7b67117c-0 00:00:26.000 --> 00:00:30.206 CIOs are really at the rock face of how to make sure that GenAI and the 000a5a7c-36ac-44f9-b8fd-78ca7b67117c-1 00:00:30.206 --> 00:00:34.120 transformations that we're seeing happen are able to come to life. 6ef4fe29-583e-482a-aaaf-5a2393c78203-0 00:00:34.400 --> 00:00:37.160 But they're also doing that within a constrained budget. 819a8c60-f1dd-4f40-966d-802d898e4f21-0 00:00:37.360 --> 00:00:41.240 We're seeing IT budgets grow at about 3% per year on average. c70daf36-1b35-4b7a-b3c6-5ce1e963707a-0 00:00:41.760 --> 00:00:45.920 What that means is CIOs are really over investing in growth areas like GenAI. 33191d47-b043-4dff-99ca-b76358990cf7-0 00:00:46.320 --> 00:00:50.818 They're also spending on cloud and security at the expense of, 33191d47-b043-4dff-99ca-b76358990cf7-1 00:00:50.818 --> 00:00:55.103 or as they draw down some of their investments in ERP, CRM, 33191d47-b043-4dff-99ca-b76358990cf7-2 00:00:55.103 --> 00:00:58.960 and some more traditional kind of parts of the stack. fc264cf2-3fda-4738-9f4f-0260d23fd735-0 00:00:59.360 --> 00:01:03.830 And where are you seeing the most compelling opportunities for CIOs to fc264cf2-3fda-4738-9f4f-0260d23fd735-1 00:01:03.830 --> 00:01:05.720 unlock value through AI today? f815d40e-cd72-4ada-a655-b7f3eff60b49-0 00:01:06.240 --> 00:01:07.680 Ooh, this is a fun one. ca70cdaf-472e-4943-8df8-fccd936872e6-0 00:01:07.920 --> 00:01:09.400 They do so much. d041c0fb-789e-417d-8184-b86a570c752e-0 00:01:09.400 --> 00:01:14.880 CIOs are really at the heart of the AI transformation for many companies. 972c8a34-1cfb-4617-9b5f-f387ca529669-0 00:01:15.120 --> 00:01:17.320 The reason for that is they're providing the infrastructure. 8429fe3f-c25a-4fae-a53a-63ab887819b8-0 00:01:17.520 --> 00:01:19.520 They're also often the first adopters. 8828d9fd-1f7d-4106-979c-4872ad1d5440-0 00:01:19.680 --> 00:01:23.080 We see tremendous value in developer productivity. af0f33e3-c4be-4f0a-97a0-b24d30a4af57-0 00:01:23.520 --> 00:01:28.960 Over 80% of companies are already using developer tools that are GenAI 2cbb4ac8-59c4-4b60-9b59-ef3d7bd4bd0f-0 00:01:28.960 --> 00:01:31.791 enabled, but very few of them are actually doing 2cbb4ac8-59c4-4b60-9b59-ef3d7bd4bd0f-1 00:01:31.791 --> 00:01:32.600 that at scale. 04988c34-fed6-4c33-9675-713e60324d62-0 00:01:33.720 --> 00:01:36.600 That's an area for CIOs to really lean in. bc8872fb-afea-4e5f-b747-b998e86f0fb9-0 00:01:37.040 --> 00:01:40.372 In addition, they're providing the infrastructure and bc8872fb-afea-4e5f-b747-b998e86f0fb9-1 00:01:40.372 --> 00:01:44.693 the tooling for things like sales care, customer care, and marketing, bc8872fb-afea-4e5f-b747-b998e86f0fb9-2 00:01:44.693 --> 00:01:49.445 where we see early opportunities and early adoption driving tremendous value bc8872fb-afea-4e5f-b747-b998e86f0fb9-3 00:01:49.445 --> 00:01:50.680 in the organization. a232ba6e-e153-4ba7-9d53-0fd61c1dda82-0 00:01:51.080 --> 00:01:54.560 How is the role of CIO evolving in this environment? f6810637-f20e-42cd-92ae-76b26dd48ee9-0 00:01:55.040 --> 00:01:59.400 CIOs are both the receiver of all of the changes of GenAI 6847e10d-9e47-4ea0-bcfa-c9d442fef2af-0 00:01:59.400 --> 00:02:01.520 and also need to be at the leading edge. f9516fd8-25d2-4a9a-a914-4edfb2dfbbd9-0 00:02:01.560 --> 00:02:06.682 And so what I'm seeing is a lot of my clients are thinking through how do they f9516fd8-25d2-4a9a-a914-4edfb2dfbbd9-1 00:02:06.682 --> 00:02:09.730 really set the AI agenda for the organization, f9516fd8-25d2-4a9a-a914-4edfb2dfbbd9-2 00:02:09.730 --> 00:02:12.000 but as the servant of the business. c95f870e-7889-421d-ad08-9bef7d1572ab-0 00:02:12.000 --> 00:02:16.603 So we really see it's a moment where business processes are being reshaped and c95f870e-7889-421d-ad08-9bef7d1572ab-1 00:02:16.603 --> 00:02:21.440 there's an opportunity for CIOs to play a role in that of the art of the possible. fdfcea3a-6e41-4618-b524-21e750c4111f-0 00:02:21.760 --> 00:02:24.674 As the race for top tech talent intensifies, fdfcea3a-6e41-4618-b524-21e750c4111f-1 00:02:24.674 --> 00:02:29.920 how can CIOs shift their strategies to make sure their teams are prepared today? 52fdade3-6f46-4478-a1f0-26b0e3122a21-0 00:02:29.920 --> 00:02:33.853 We really think about, and what we see in organizations, 52fdade3-6f46-4478-a1f0-26b0e3122a21-1 00:02:33.853 --> 00:02:38.752 is something we call 10/20/70, where 70% of the change that happens in 52fdade3-6f46-4478-a1f0-26b0e3122a21-2 00:02:38.752 --> 00:02:40.960 an organization is people based. 2ecc4fda-e3d9-4008-b61e-17afd47505f5-0 00:02:41.520 --> 00:02:42.440 When you put that with a GenAI f253b3b4-3991-4544-b7a4-0e09d1271673-0 00:02:42.440 --> 00:02:45.007 context, it means a lot of my clients are trying f253b3b4-3991-4544-b7a4-0e09d1271673-1 00:02:45.007 --> 00:02:49.356 to figure out how to get the right talent into their organizations and maintain it f253b3b4-3991-4544-b7a4-0e09d1271673-2 00:02:49.356 --> 00:02:49.880 over time. bf0c131a-65aa-49f6-9b55-298c876572c4-0 00:02:50.200 --> 00:02:51.680 They're focused on upskilling. 828c15b5-2984-4c60-858e-69cb2dc93dc7-0 00:02:51.880 --> 00:02:55.840 They're also focused on retention and making it great place to work with the 828c15b5-2984-4c60-858e-69cb2dc93dc7-1 00:02:55.840 --> 00:02:57.280 employee value propositions. 8ea678a3-3489-4d00-9bd1-870398af182f-0 00:02:57.760 --> 00:02:58.960 Becky, thank you so much. c0417870-c412-4b4d-82e3-741ffd582537-0 00:02:59.200 --> 00:02:59.680 Thank you.