CIO Business Intelligence

APRIL 30, 2024

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. 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

Forecasting 90

Forecasting Optimization Advertising IoT 90

Smart Data Collective

JANUARY 29, 2020

The federal government is often slow to embrace new technology. According to a recent report, they sent 3.7 This figure is a small fraction of the total number of taxpayers that the IRS has determined that have not reported their income fully. Forecasting future tax expenses.

Predictive Analytics 62

Predictive Analytics Data mining Analytics Big Data 62

Jedox

JUNE 25, 2020

However, organizations won’t be able to fully embrace the benefits of flexible, real-time planning without properly adapting to flexible new technology solutions designed to improve planning and enterprise performance management. Forecasts are unreliable and quickly become outdated due to rapid changes and complexity of markets.

Technology 94

Technology Finance Cost-Benefit Forecasting 94

Smart Data Collective

JULY 24, 2023

Analytics technology has been a huge gamechanger for the sports industry. Fortune Business Insights reports that the sports industry spent $2.98 billion on analytics last year. Nabil M Abbas of Towards Data Science talked about one of the most interesting ways that data analytics is changing the NBA.

Analytics Technologies 79

Analytics Technologies Marketing Technology Analytics 79

datapine

MARCH 31, 2022

After acquiring 3 to 5 years of experience, you can specialize in a specific technology or industry and work as an analyst, IT expert, or even go to the management side by working as a BI project manager. As we’ve just seen in the point above, BI is a profession that is on-demand and growing every year.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

JUNE 7, 2022

The chief aim of data analytics is to apply statistical analysis and technologies on data to find trends and solve problems. Data analytics has become increasingly important in the enterprise as a means for analyzing and shaping business processes and improving decision-making and business results.

Data Analytics 127

Data Analytics Diagnostic Analytics Management Analytics 127

CIO Business Intelligence

JULY 5, 2022

What is business analytics? Business analytics is the practical application of statistical analysis and technologies on business data to identify and anticipate trends and predict business outcomes. What are the benefits of business analytics? Predictive analytics: What is likely to happen in the future?

Business Analytics 124

Business Analytics Prescriptive Analytics Data mining Diagnostic Analytics 124

Smart Data Collective

JUNE 16, 2022

For both reasons, the role of CIOs has to embrace automation and analytical thinking in strategizing the organization’s initiatives. While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. Financial visualization in key areas can fuel analytical decision-making.

Business Analytics 122

Business Analytics Analytics Forecasting Business Analysis 122

Smart Data Collective

JUNE 29, 2022

During this wave of disruption, successful business owners and startup founders need to understand the technologies that are driving the industry forward. AI can benefit financial technology in a number of ways. Artificial intelligence is also adept at data processing and analytics, both useful tools for financial applications.

Cost-Benefit 86

Cost-Benefit Predictive Analytics Finance Forecasting 86

IBM Big Data Hub

JUNE 29, 2023

Integrated Business Planning (IBP) addresses these challenges by providing a comprehensive framework that integrates strategic, operational and financial planning, analysis, and reporting to drive better business outcomes. Implementing an integrated business planning approach also requires a strong technological foundation.

Key Performance Indicator 83

Key Performance Indicator Forecasting Data Integration Sales 83

IBM Big Data Hub

MAY 17, 2024

And these technologies provide brands with intelligent tools, enabling more productivity and efficiency than was possible even five years ago. They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions.

B2B 58

B2B Interactive Optimization Forecasting 58

CIO Business Intelligence

MAY 8, 2024

This article focuses on how these advancements are paving the way for data integration for the years to come in this ever-so-dynamic technological era. AI-powered data integration One of the most promising advancements in data integration is the integration of artificial intelligence (AI) and machine learning (ML) technologies.

Data Integration 59

Data Integration IoT Cost-Benefit Data Quality 59

Jet Global

MAY 1, 2020

Analytics in the finance function has been top of mind for CFOs for many years. Yet despite the column inches devoted to the importance of analytics, and the wide choice of supporting tools and technologies, insight, the pinnacle of analytic effort, remains stubbornly elusive. So, what is the right technology?

Finance 78

Finance Analytics Forecasting Reporting 78

Jedox

FEBRUARY 13, 2020

Pilot customers report their successful use of the Jedox AI engine. For controlling, this means using predictive analytics to produce more forward-looking analyses and increasingly decision-relevant forecasts instead of focusing on past tense reports. Automated sales forecast at Mitsui.

Forecasting 58

Forecasting Predictive Analytics Sales Data Integration 58

CIO Business Intelligence

NOVEMBER 14, 2022

The concept of DSS grew out of research conducted at the Carnegie Institute of Technology in the 1950s and 1960s, but really took root in the enterprise in the 1980s in the form of executive information systems (EIS), group decision support systems (GDSS), and organizational decision support systems (ODSS). Forecasting models.

Data mining 127

Data mining Data-driven Statistics OLAP 127

Jet Global

DECEMBER 8, 2022

Report from insightsoftware and Hanover Research reveals the gaps that need to be bridged to reach data fluency, noting challenges in data quality and connection. According to the report, the first hurdle for businesses is a lack of data quality. Many organizations are not there, yet. About insightsoftware.

Data Quality 52

Data Quality Forecasting Data-driven Reporting 52

Smart Data Collective

AUGUST 16, 2019

Predictive analytics is changing the future of weather predictions. A growing number of meteorologists are using big data to make more reliable predictions. Mohammad Mahdi Kamani, a doctoral student and professor James Wang said that big data has simplified weather predictions. Accuweather.

Big Data 78

Big Data Forecasting Predictive Analytics Advertising 78

Smart Data Collective

OCTOBER 16, 2023

Financial data (invoices, transactions, billing data) and internal and external documents (reports, business letters, production plans, and so on) are examples of this. They both depend on big data because it helps to strengthen the technology. Companies can use big data analytics to turn obtained insights into new goods and services.

Big Data 102

Big Data IoT Cost-Benefit Advertising 102

Jet Global

APRIL 9, 2023

This means finance is saddled with providing timely planning, forecasting, and reporting that informs business decisions in the moment. It is at this intersection of technology and skill that true data insights are generated. Accurate forecasting is the final prize of solving these other foundational data literacy challenges.

Finance 52

Finance Forecasting Predictive Analytics Data-driven 52

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. AI-Powered Big Data Technology. Instead, they’ll turn to big data technology to help them work through and analyze this data.

Business Intelligence 102

Business Intelligence Predictive Analytics Data Collection Internet of Things 102

Jedox

JULY 31, 2018

We also took a first look at how fp&a and business intelligence professionals can start to derive tangible value from these technologies for Enterprise Performance Management. Now, we will take a deeper look into AI, Machine learning and other trending technologies and the evolution of data analytics from descriptive to prescriptive.

Technology 44

Technology Prescriptive Analytics Machine Learning Business Intelligence 44

Smart Data Collective

JULY 9, 2023

E-commerce businesses around the world are focusing more heavily on data analytics. One report found that global e-commerce brands spent over $16.7 billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

Smart Data Collective

JANUARY 26, 2022

Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? We have had time to observe some major developments of legal analytics over the last year.

Data Analytics 72

Data Analytics Analytics Predictive Analytics Insurance 72

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. However, we have observed that greater value comes from employing ensemble methods to achieve more accurate and robust predictions.

Optimization 59

Optimization Forecasting Data-driven Strategy 59

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios.

Statistics 52

Statistics Data mining Visualization Reporting 52

FineReport

APRIL 9, 2024

Understanding Healthcare BI Tools The Role of Healthcare BI Tools Healthcare BI tools are instrumental in revolutionizing decision-making processes and patient care through the utilization of advanced data analysis and technology.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Smart Data Collective

JULY 28, 2022

Fortunately, new predictive analytics algorithms can make this easier. The financial industry is becoming more dependent on machine learning technology with each passing day. Last summer, a report by Deloitte showed that more CFOs are using predictive analytics technology.

Predictive Analytics 135

Predictive Analytics Analytics Forecasting Machine Learning 135

Cloudera

JANUARY 20, 2021

Most of what is written though has to do with the enabling technology platforms (cloud or edge or point solutions like data warehouses) or use cases that are driving these benefits (predictive analytics applied to preventive maintenance, financial institution’s fraud detection, or predictive health monitoring as examples) not the underlying data.

Digital Transformation 105

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 105

Smart Data Collective

JUNE 5, 2023

Big data technology is changing our lives in tremendous ways. With predictive analytics, your smart home can warn you about potential problems like leaks or electrical faults, enabling you to fix them early and avoid hefty repair costs. Or perhaps you’re wary of the technology itself? Now that’s smart.

Cost-Benefit 91

Cost-Benefit Insurance Big Data Predictive Analytics 91

FineReport

APRIL 26, 2023

By leveraging Big Data technologies, companies can collect, store, and analyze information to make informed decisions and improve their operations. Time Saving : Big data tools and technologies can collect and analyze data from multiple sources in real-time, enabling businesses to make quick decisions based on insights.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

Jedox

JANUARY 16, 2019

It gives me a chance to pause and review all the places I’ve been, all the CFOs I spoken with, and all the companies I’ve worked with over the past twelve months, to refine and distill what I believe are the top technological trends for financial planning & analysis in 2019. 1: Predictive Analytics. FP&A Trends No. #1:

Finance 45

Finance Forecasting Predictive Analytics Cost-Benefit 45

Smart Data Collective

FEBRUARY 20, 2022

One survey published on CIO found that less than a third of companies have reported that big data has buy-in from top executives. This is where big data technology has become so important. A report last July found that 30% of companies have a formal data strategy. Using Analytics to Improve Your Credit Score.

Big Data 112

Big Data Management Finance Data-driven 112

Smart Data Collective

JANUARY 21, 2021

Through an amazing mix of weather data, satellite feeds, predictive analytics and machine learning, we’re entering a future where renewable power can reach the grid on a reliable and much more consistent basis. They can place solar panels in areas where their analytics models show they will realize the best energy dividends.

Big Data 132

Big Data Cost-Benefit Data-driven Machine Learning 132

datapine

JANUARY 18, 2023

Table of Contents 1) What Is The Report Definition? 2) Top 14 Types Of Reports 3) What Does A Report Look Like? Businesses have been producing reports since, forever. This presents a problem for many modern organizations today as building reports can take from hours to days. What Is The Report Definition?

Reporting 201

Reporting Metrics Dashboards Visualization 201

CIO Business Intelligence

DECEMBER 1, 2022

To date the company has moved 5,000 applications to Microsoft Azure as it applies predictive analytics , AI, robotics, and process automation in many of its business operations. Gartner analyst Sid Nag says PepsiCo has adopted many of the technologies that are driving the next phase of enterprise digital transformation.

Digital Transformation 124

Digital Transformation IoT Data-driven KPI 124

IBM Big Data Hub

NOVEMBER 30, 2023

Talent acquisition strategy involves the use of various recruitment methods, technologies and practices. Leverage data and analytics By leveraging data-driven insights, organizations can make informed decisions, optimize the recruitment processes and improve the overall quality of hires.

Strategy 68

Strategy Cost-Benefit Consulting Data-driven 68

Sisense

SEPTEMBER 9, 2019

Mark’s team is constantly adapting to and meeting the challenges of a rapidly evolving business using cloud technologies, real-time analytics, data warehousing, and virtualization. Then we ran Kraken’s machine learning and predictive modeling engine to get the results. Full circle data experience: achieved.

Predictive Analytics 75

Predictive Analytics Predictive Modeling Forecasting Data-driven 75