The Cloudcast How will AI impact your IT budget?
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Feb 16, 2025 The podcast dives into how AI will reshape IT budgets by 2025 and beyond. It contrasts human-augmented capabilities with those that replace human roles. Pricing models for AI services are explored, revealing potential hidden costs. The discussion also touches on the importance of cost control and strategic planning as organizations navigate AI integration. Additionally, it highlights the necessity of upskilling existing teams versus hiring new talent for AI-specific roles.
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AI Focus and Budgeting
- Determine if your AI project focuses on human augmentation or replacement.
- This impacts budgeting, scoping, and measuring ROI, given varying cost structures and success metrics.
SaaS AI Pricing
- SaaS AI pricing models vary: seat-based for augmentation, usage-based for replacement, or bundled.
- "Free" bundled AI may mean other service costs rise, masking actual AI expenses.
Predictive vs. Generative AI
- Differentiate between predictive AI (expanding existing data science) and generative AI (newer applications).
- Consider whether to expand current models or explore generative AI, impacting budget and required skillsets.