CIO Business Intelligence

APRIL 4, 2024

AI is showing up in every software package and in every technology, particularly generative AI,” says Dan Diasio, global AI consulting leader at EY, while some vendors, such as Microsoft, have made AI core to their software. At Eaton, for example, an AI-based sales forecasting tool has the potential to boost productivity dramatically.

Enterprise 133

Enterprise Cost-Benefit Forecasting Strategy 133

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. My name is Melita Menezes, and I’m a consultant at BRIDGEi2i.

Risk Management 128

Risk Management Risk Enterprise Management 128

Jet Global

JUNE 17, 2021

Although the workbooks were standardized, data entered were not always complete or in line with numbers forecast earlier in the year. They also proactively performed a year-end forecast and measured it against the subsequent year-end to ensure they gained confidence in the process for mid-year analysis and potential adjustments.

Risk 98

Risk Recreation/Entertainment Forecasting Manufacturing 98

Jet Global

APRIL 8, 2021

Many organizations already consider the potential short-term challenges to their tax positions when building forecasts. How prepared are they, though, for the different sets of risks and opportunities associated with long-term uncertainties? Instead, they should already be incorporating these considerations into their tax forecasts.

Forecasting 52

Forecasting Reporting Uncertainty Key Performance Indicator 52

Jet Global

JANUARY 31, 2022

In most companies, planning, budgeting, and forecasting processes are fairly well-established, but just because you’ve always done things a certain way doesn’t mean you can’t improve them. Monitor, Forecast, and Adjust. The idea of changing your approach to planning, budgeting, and forecasting may seem daunting.

Forecasting 52

Forecasting Recreation/Entertainment Finance Software 52

Jet Global

OCTOBER 18, 2021

The “What” and “Why” of Demand Planning and Forecasting. To allocate assets effectively and operate more efficiently, supply chain managers have turned to the science of demand planning and forecasting. Demand forecasting is about predicting potential spikes or troughs in demand. Successful Demand Planning and Forecasting.

Forecasting 52

Forecasting Recreation/Entertainment Sales Finance 52

IBM Big Data Hub

OCTOBER 19, 2023

Smallholder farmers lack access to hyperlocal weather forecasting and data that can help increase their crops’ chances of success, which jeopardizes the productivity and profitability of their season. Their challenges are compounded further by inherent and unavoidable farming risks, such as pests, contamination and natural disasters.

Forecasting 99

Forecasting Consulting Risk Modeling 99

IBM Big Data Hub

JUNE 30, 2023

Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supply chain would be detrimental to the industry.​ Supply shortages can lead to line outages, manufacturing delays, out of stock issues and lost revenue.

B2B 65

B2B Manufacturing Consulting Forecasting 65

IBM Big Data Hub

JANUARY 22, 2024

As-a-service models are expected to become more prevalent, with IDC forecasting that 65% of tech buyers will prioritize these models by 2026​​ This shift echoes the response to economic pressures and the need to fill talent gaps in IT operations.

Data-driven 108

Data-driven Forecasting Consulting Marketing 108

Jet Global

FEBRUARY 9, 2022

This applies to collaborative planning, budgeting, and forecasting, which, without the right tools, can be daunting. What can hold you back from working smarter is the fear of integrating better tools that, although promise improvements, run the risk of throwing off your whole process. Why Bizview.

Forecasting 52

Forecasting Recreation/Entertainment Reporting Software 52

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. l Improved Risk Management. Also, IoT consulting services might help companies reach their full potential. Take Away.

IoT 132

IoT Internet of Things Cost-Benefit Consulting 132

IBM Big Data Hub

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Strategy 71

Strategy Cost-Benefit Key Performance Indicator Consulting 71

CIO Business Intelligence

APRIL 29, 2024

CIOs must redirect resources when technologies as revolutionary as generative AI come to market or risk falling behind or becoming obsolete — in which case, hitting other strategic goals won’t matter much. The State of the Tech Workforce 2024 report from nonprofit CompTIA , forecasts tech employment growth of 3.1% Last year saw a 1.2%

IT 124

IT Consulting Technology Strategy 124

IBM Big Data Hub

DECEMBER 1, 2023

Enterprise resource planning systems aim to address all aspects of a business and improve business processes, such as accounting, real-time financial reporting, forecasting and other processes. Data risks: Doing in-house data backups or upgrades could lead to corrupted files, potentially putting an organizations data at a higher risk.

Enterprise 93

Enterprise Cost-Benefit Consulting Software 93

Jet Global

DECEMBER 8, 2020

According to a study by IAG Consulting , a full 50 percent of projects miss their target delivery date, substantially exceed their estimated budget, or deliver less than 70 percent of the required functionality. A full Power BI implementation is a large-scale project, and it carries similar risks. Power BI Without the Risk.

Finance 52

Finance Risk Reporting Software 52

IBM Big Data Hub

JANUARY 25, 2024

Considering that IDC surveyed 37% of companies that manage spare parts inventory by using spreadsheets, email, shared folders or an uncertain approach, it becomes evident that this practice carries more risk than it might seem. 2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient.

Optimization 80

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 80

IBM Big Data Hub

JUNE 29, 2023

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. A retail company experiences a sudden surge in online sales due to a viral social media campaign.

Key Performance Indicator 81

Key Performance Indicator Forecasting Data Integration Sales 81

Smarten

OCTOBER 10, 2023

Gartner defines Data and Analytics (D&A) as, ‘…the ways organizations manage data to support all its uses, and analyze data to improve decisions, business processes and outcomes, such as discovering new business risks, challenges and opportunities.’

Reporting 67

Reporting Analytics Forecasting Data Integration 67

IBM Big Data Hub

JUNE 30, 2023

Improve forecasting accuracy Develop a good understanding of materials needed for infrastructure expansion or transportation of services/goods and ensure stock levels are sufficient.

Consulting 63

Consulting B2B IoT Optimization 63

Jedox

APRIL 10, 2019

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. This approach meant they avoided the risk of waiting 6-12 months to get any result. It was low-risk and required minimal training.

Digital Transformation 42

Digital Transformation Risk Finance Sales 42

datapine

MAY 2, 2023

However, if you underestimate how many vehicles a particular route or delivery will require, then you run the risk of giving customers a late shipment, which negatively affects your client relationships and brand image. Where is all of that data going to come from? This is a testament to the brand-boosting power of big data in logistics.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

APRIL 5, 2022

As consulting firm Deloitte notes, the free movement and operation of people, raw materials, finished goods, and factory operations have been stymied. For some, leveraging data and analytics tools is proving to be an effective way to address the challenges. Finally, Optimas uses analytics to better collaborate with suppliers. “By

Analytics 145

Analytics Cost-Benefit Forecasting Manufacturing 145

datapine

OCTOBER 21, 2020

If you put on too many workers, you run the risk of having unnecessary labor costs add up. All this vital information can be coupled with other trackable data to identify potential health risks lurking. Chronic insomnia and an elevated heart rate can signal a risk for future heart disease for instance. on a permanent basis.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

bridgei2i

MAY 27, 2021

He has over 17 years of analytics consulting experience in target marketing, pricing, credit risk, audit analytics, fraud detection, forecasting, spend analytics and market research.

Statistics 98

Statistics Digital Transformation Data Processing Forecasting 98

Smarten

MAY 31, 2022

When combined with Citizen Data Scientist initiatives, the adoption and use of predictive modeling and forecasting techniques can be a boon to any enterprise. It is meant to identify crucial relationships and opportunities and risks and help the organization to accurately predict: Growth. Forecasting. Trends and Patterns.

Predictive Analytics 67

Predictive Analytics Analytics Predictive Modeling Prescriptive Analytics 67

Jen Stirrup

FEBRUARY 24, 2024

In marketing, for example, analyzing customer data and detecting patterns allows firms to forecast demand, prevent churn, personalize pricing, and make other data-driven decisions. These examples provide benefits and risks for smal businesses, which are discussed below. AI may lead to potential job losses as roles get automated.

Cost-Benefit 70

Cost-Benefit Data-driven Testing Risk 70

CIO Business Intelligence

FEBRUARY 1, 2023

Host Isaac Sacolick ( @nyike ) was joined by a bevy of consultants and practitioners who had no shortage of advice on the topic. Among those chat participants suggested: Will the senior consultants you sent on the sales call be doing the technical work or will you substitute cheaper, more junior consultants?

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

CIO Business Intelligence

SEPTEMBER 23, 2022

“What cyberresilience really focuses us on is protecting critical services so we can deal with business risks in the most effective way. With a risk-based approach to cyberresilience, organizations evolve practices and design security to be business-aware. A Cyberresilience Road Map. Remember that preparation is everything.

Risk 89

Risk Testing Strategy Forecasting 89

datapine

MARCH 31, 2022

Getting an entry-level position at a consulting firm is also a great idea – the big ones include IBM, Accenture, Deloitte, KPMG, and Ernst and Young. BI consultant. A BI consultant needs to provide expertise in the design, development, and implementation of BI and analytics tools and systems. BI Data Scientist.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

AUGUST 24, 2023

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.

Uncertainty 98

Uncertainty Risk Testing Enterprise 98

IBM Big Data Hub

JULY 19, 2023

Supply Chain: Demand forecasting, supply chain optimization, risk assessment and mitigation. Why IBM Consulting for generative AI on AWS? Why IBM Consulting for generative AI on AWS? In the AI domain, IBM has 21K+ data Scientists, AI Engineers, and consultants and has executed 40K+ AI and analytics engagements.

Consulting 63

Consulting Machine Learning Manufacturing Optimization 63

IBM Big Data Hub

AUGUST 7, 2023

This article, part of the IBM and Pfizer’s series on the application of AI techniques to improve clinical trial performance, focuses on enrollment and real-time forecasting. Ultimately, enabling real-time monitoring of site activities and enrollment progress could prompt timely mitigation actions ahead of time.

Optimization 58

Optimization Forecasting Data-driven Strategy 58

FineReport

MARCH 24, 2024

Predictive analytics: Forecasting likely outcomes based on patterns and trends to facilitate proactive decision-making. They collaborate with cross-functional teams to meet organizational objectives and work across diverse sectors, including business intelligence, finance, marketing, and consulting. JPMorgan Chase & Co.:

Statistics 52

Statistics Data mining Visualization Reporting 52

CIO Business Intelligence

MARCH 14, 2024

Ben King, head of mobile app development firm Aviato Consulting, is convinced that it can provide a major career boost. You must understand budgets, forecasting models, regulatory compliance, and a host of other topics.” Does it make sense for an IT leader to seek an MBA?

IT 124

IT Strategy Digital Transformation Risk Management 124

Jet Global

JANUARY 7, 2021

with a global presence that includes offices in London, Toronto, and Bucharest, Certent offers solutions that include equity management and reporting, administration, capitalization table management, and internal and external disclosure reporting, as well as related consulting and administration services. About Certent.

Finance 105

Finance Reporting Software Forecasting 105

CIO Business Intelligence

MARCH 8, 2023

“What cyberresilience really focuses us on is protecting critical services so we can deal with business risks in the most effective way. A Cyberresilience Road Map With a risk-based approach to cyberresilience, organizations evolve practices and design security to be business-aware. Remember that preparation is everything.

Risk 59

Risk Testing Strategy Forecasting 59

CIO Business Intelligence

AUGUST 7, 2023

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. Software sales grew 9.8% Software sales grew 9.8% It expects that growth rate to dip to 8.5% through 2027.

Sales 52

Sales Enterprise Cost-Benefit Software 52