90% Indian CIOs to increase spending on AI tools in 2024: Report ...Middle East

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New Delhi:  Artificial Intelligence (AI) is dominating the mindshare of Indian Chief Information Officers (CIO)s, with more than 90 per cent looking to increase spending on right tools, according to a report on Monday. The report by Canva, the world’s only all-in-one visual communication platform, is based on a survey of more than 1,360 CIOs across India, USA, UK, France, Germany, Spain, Brazil, Mexico, and Australia. The report showed that nearly all CIOs (93 per cent) plan to increase their budget to make investments in AI apps, with over half (51 per cent) planning budget rises of more than 50 per cent. IT leaders recognise the benefits of adopting AI, such as saving time on creative or

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