Remove 2021 Remove Forecasting Remove Risk Remove Uncertainty
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IRM 2021: The Year of Uncertainty and Change

John Wheeler

Regulations were set aside and associated technological and business risks were given low priority to help with the larger effort to “slow the spread” of the virus. We all looked to 2021 as a year of recovery and renewal. Unfortunately, 2021 will be much different. These uncertainties can make or break a business.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. We’re getting bombarded with questions and inquiries from clients and potential clients about the risks of AI.” The risk is too high.” Not without warning signs, however.

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Tips to Achieve Tax Agility in 2021

Jet Global

But the emergence of COVID-19 layered even more complexity on their ability to predict ETRs and to support their organizations with accurate forecasts. Read how scenario planning for tax forecasts should work in 2021. So, what lies ahead of us in 2021? Let the tax team own tax reporting.

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IT spending projected to grow despite economic headwinds

CIO Business Intelligence

The 3% increase in total IT spending represents slower growth than in 2021, as the economy as a whole and the IT sector in particular began to recover from the effects of the pandemic, and growth will largely be driven by cloud services and the data center, Gartner said. trillion, according to projections released by Gartner Research.

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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook. The Construction Products Association’s (CPA) Autumn Forecast predicts the construction market in the UK will fall by 3.9%

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Powering the future: How Gen AI and AI illuminate utility companies

CIO Business Intelligence

While international conflict, economic uncertainty and climate change are affecting businesses of all kinds, energy companies and utilities are also dealing with aging infrastructure, constant cyberattacks, increased regulation and rising customer expectations. And by 2028, the AI spend is likely to more than quadruple to 14.257 billion USD.

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Invest in a Data Culture or Fall Behind: Q3 2021 State of Data Culture Report

Alation

It’s been one year since we’ve started publishing the Alation State of Data Culture report, and uncertainty still remains the only sure thing. They include missing out on new revenue opportunities, poorly forecasting performance, and making bad investments. Ignoring data also causes blind spots. We’ll get you turned around right away.