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Home Technology

Opportunity awaits AI-equipped IT leaders, Freshworks reports

FutureCIO Editors by FutureCIO Editors
October 10, 2023
Add New Post ‹ FutureCIO — WordPress.html

Add New Post ‹ FutureCIO — WordPress.html

Information Technology (IT) is managing 71% more software than last year and using AI to manage the increasing complexity of software, according to Freshworks Inc.’s second annual “State of Workplace Technology” report. The study also reveals that the majority (86%) of IT professionals leverage AI in their organisations to optimise workflows. 

Time and cost-efficient

The study on 2,000 IT professionals also revealed that US companies will be able to save USD 15,000 per IT employee each year using AI, and saves IT professionals 5 hours per week by getting their hands off of repetitive tasks.

Dennis Woodside

Almost half (49%) say that AI frees up time otherwise spent on repetitive tasks (49%) and allows them to do more complex, meaningful work (45%). 

“We’re already seeing customers like Smartsheet and Sony Music Entertainment who plan to harness AI to substantially improve employee service while saving on costs from legacy software accrued over time,” said Dennis Woodside, Freshworks president

Senior IT leaders’ perspective

Directors and those who hold higher positions report higher use and organisational support for AI. The majority (70%) of them say their company encourages the use of AI, significantly higher than team leads/managers (44%) and individual contributors (21%).

Around 91% are current users of AI to support workload, compared to 66% of team leads/managers and 33% of individual contributors.

Prasad Ramakrishnan

 “Business leaders adopt software for good reasons—to improve operations—but over time may face an unintended consequence of accruing more applications than they need,” said Prasad Ramakrishnan, CIO at Freshworks. 

“Smart, simplified technology, paired with the power of AI, will do more to drive productivity and efficiency than legacy software has done in decades. IT leaders who embrace automation and technological agility to reduce complexity will be the ones whose teams come out ahead.”

Related:  Global Telco AI Alliance formed
Tags: Artificial IntelligenceFreshworksIT professionals
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