EDITOR ’ S QUESTION
STEVE SANTAMARIA , CEO , FOLIO PHOTONICS
Few would disagree that the relentless expansion of Artificial Intelligence ( AI ) is transforming how we live and work – revolutionizing industries from healthcare to finance and even entertainment ( and everything in between ). In fact , according to recent findings from Data Bridge Market Research , the Global Artificial Intelligence ( AI ) Infrastructure Market is poised to reach US $ 422.55 billion by 2029 – boasting a Compound Annual Growth Rate ( CAGR ) of 43.50 % during the forecast period from 2022 to 2029 .
This incredible growth in AI is , without a doubt , revolutionizing our world . However , it ’ s important to recognize that the fuel driving this AI revolution is robust IT infrastructure and data center solutions . In response , organizations are making substantial investments , often amounting to billions of dollars , to modernize existing data centers or construct entirely new ones .
This brings us to the question at hand : How can the CIO role adapt to advances in AI ?
The CIO ’ s role in this AI-driven landscape is multifaceted and vital . Ensuring that the data fuelling AI applications and the data generated as a result are maintained optimally is paramount . Here are some key considerations for CIOs to adapt effectively to advances in AI :
• 1 . Data Management Excellence : CIOs must excel in data management . This involves not only collecting and storing data efficiently but also ensuring its quality and relevance for AI applications . It ’ s about harnessing the full potential of data .
• 2 . Scalable Infrastructure : Building a scalable IT infrastructure is essential to meet the growing demands of AI . The ability to scale storage and processing capacity as needed is crucial to accommodate expanding AI workloads .
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