IBRS has previously provided research and advisory on digital governance structures and terms of reference. This advisory goes further, examining the issues, content, and agenda of modern digital governance. What should be the focus of IT governance today?
Organisations must adopt performance-based contracts for AI to ensure investments deliver tangible value and costs align with business objectives. This approach links payments to measurable outcomes, shifting from traditional input-based pricing.
Most artificial intelligence proof-of-concepts fail in production due to underestimated costs, dynamic data issues, governance, and integration challenges. Tackle these early for success.
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