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How to Calculate the Costs and Prove the Business Value of GenAI

CIO Mind, The Gartner CIO Podcast

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Managing and Budgeting for Generative AI Costs

Exploring the complexities of estimating total costs for generative AI, this chapter outlines challenges in transitioning from pilot to scaled phases. Strategies for managing costs at scale, aligning AI investments with organizational strategy, and determining the strategic impact and value of generative AI investments are discussed, along with the importance of considering broader value creation beyond immediate financial returns.

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