Remove 2020 Remove Data-driven Remove Forecasting Remove Uncertainty
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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy.

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The top 7 FP&A trends for 2023

Jedox

In times of uncertainty and change, technology can drive our ability to adapt quickly. Integrated business planning (IBP) is the next generation of decisive planning, with technology-driven cross-functional collaboration at its core. IBP allows for tighter collaboration between team members and more trustworthy forecasts and outputs.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Cognizant Technology Solutions announced a full-year revenue forecast below expectations.

IT 98
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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Invariably, these activities have seen added stress in 2020. Not only have finance teams had to close companies’ books remotely, but they’ve also been required to provide the insight and information needed for some extremely complex decision-making, and continuously plan and forecast for events with little or no historical context.

Finance 98
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Mission Critical Innovation: DataRobot 8.0 for the AI-driven Business

DataRobot Blog

Businesses today operate under greater pressure and greater uncertainty than ever before. DataRobot For the AI-driven Business: Empower Your Business with No-Code Solutions that Deliver Timely, Continuous, and Trusted Insights from more of Your Data. DataRobot AI Cloud 8.0 With DataRobot AI Cloud 8.0,

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Powering a low-carbon digital Thailand

CIO Business Intelligence

Next, we need a vision-driven framework at the national level to pinpoint the right direction and motivate the whole country to fight together for our vision. According to a joint forecast by the Office of the National Digital Economy and Society Commission (ONDE), TIME Consulting, and Huawei, the 5G-empowered economy will reach THB2.3

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5 Tips to Manage Cash Flow Pressures

Jet Global

In 2020, businesses around the globe are watching cash more closely than ever. Analysts in the finance and accounting department need to dig deeper into the assumptions that drive sales forecasts. Forecast Frequently. As already noted, for example, sales pipeline data needs to be accurate and up to date.