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SAP forecasts clarity in the cloud

CIO Business Intelligence

Besides that, we’ve had some other developments, such as the breakthrough of generative AI in 2023, which significantly sped up the pace of innovation. This allows users to make better decisions in various domains, from supply chain and logistics, to sustainability reporting and more. We’re very deliberate about what we take on.

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Why Finance Teams are Struggling with Efficiency in 2023

Jet Global

The results are in–for the third year in a row, insightsoftware has partnered with Hanover Research to deliver our yearly Finance Team Trends Report. What are the top strengths, challenges, and areas of improvement for finance decision-makers in 2023? And manual processes increase the likelihood of reporting mistakes.

Finance 52
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The impact of AI on edge computing

CIO Business Intelligence

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 over the 2023-2027 forecast period 1. over 2023 2. billion in 2027 with a compound annual growth rate (CAGR) of 86.1%

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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

It recently reported its full-year results for 2023, after delaying twice to give auditors time to examine an independent business review report and to complete their audit of non-cash goodwill impairment charges. In 2023, the company made a net loss of €3.4 billion on revenue of €10.7 billion in 2022.

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The new CIO mandate: Selling AI to employees

CIO Business Intelligence

Employees fearing job loss should take comfort in the 2024 Stanford AI Index Report , which found that while AI is gaining in capability, it can’t match humans in many complex cognitive functions, notes Daniel Barchi, CIO of CommonSpirit Health, a healthcare provider.

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Atos deal to sell its legacy service business falls through

CIO Business Intelligence

Saleh announced preliminary financial results for 2023 during the conference call. Group revenue for 2023 totaled €10.7 year on year and in line with the company’s previous forecasts. billion (about $11.6 billion), up 0.4% Tech Foundations accounted for €5.6 billion of that, down 1.7%

IT 119
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Atos CEO Yves Bernaert quits over governance differences

CIO Business Intelligence

Atos CEO Yves Bernaert has quit; The board immediately replaced him with Paul Saleh, CFO of the company since August 2023. Former Accenture executive Bernaert took over in October 2023, replacing caretaker CEO Nourdine Bihmane, who then returned to his post as leader of Tech Foundations, the business Atos still hopes to sell.