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Is your data strategy ready for gen AI? LOB leaders may disagree

CIO Business Intelligence

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September.

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CIOs sharpen cloud cost strategies — just as gen AI spikes loom

CIO Business Intelligence

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023. growth experienced in 2022.

Strategy 128
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It’s 2023… are you still planning and reporting from spreadsheets?

IBM Big Data Hub

Having such a platform that also allows planning team members to leverage predictive forecasting and integrate decision management and optimisation models puts organisations at a significant advantage over those that continue to rely on manual worksheet or spreadsheet-based planning processes. appeared first on Journey to AI Blog.

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10+ Government KPIs for 2023 Reporting

Jet Global

In more layman terms, public sector KPIs serve two important purposes: They report important information to citizens. The constituents cannot hold their government responsible without having access to periodic reporting on key performance metrics. They provide information that directly describes the government’s activities.

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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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Top 5 Finance Challenges of 2023

Jet Global

Tasked with managing an organization’s financial status, strategy, and analyzing the business environment, professionals in the industry must maintain accuracy while struggling with outdated, manual processes, rapid digitization, and swiftly changing regulations. Counter-intuitively, reduced budgets often mean more work for finance teams.

Finance 52
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8 steps to build a successful multicloud strategy

IBM Big Data Hub

According to a recent forecast from Gartner (link resides outside ibm.com) worldwide end-user spending on public cloud services is expected to grow 20.4% billion in 2023. To overcome various challenges associated with multicloud , organizations need to map out a comprehensive multicloud management strategy to achieve overall success.