For IT teams at many companies, it’s not enough to keep the infrastructure running—you’re increasingly expected to drive revenue, too, thanks in large part to AI. Organizations’ need to monetize their huge AI investments is forcing IT professionals, particularly CIOs and CTOs, to focus on how their projects translate into cash, said Brian Clark, president of ChargeBee, which builds SaaS tools for revenue growth. A modern tech stack is necessary for monetizing AI. “The CTO has historically made bets on, ‘We’re going to drive efficiency and compliance, and automation,’” Clark said. “Now we’re seeing that...That’s a bottom-line efficiency value proposition. We’re now seeing them also make bets on: ‘We’re going to contribute to revenue and we’re going to be a top-line revenue driver.’” Boosted IT efficiency can also lead to profits: McKinsey & Company research found that enterprises with “high-performing IT organizations” have increased revenue growth up to 35%. How IT pros can talk the talk.—CN |