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Unlocking AI: Machine learning as a service

CIO Business Intelligence

On top of this, the rate at which this data is being created is expected to increase at such an extent that IDC predicts the global datasphere will grow from 33 zettabytes (ZB) in 2018 to 175 ZB by 2025 [2]. billion in 2022, more than three times that in 2018 [3], while the total global business value derived from AI is forecast to reach $3.9

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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

billion in 2022. Whether this marks the end of the exceptional losses remains to be seen, but on Tuesday Atos published a forecast shared with investors and would-be investors showing that it expects to remain cash-flow negative (after interest and taxes) for the next two years, with net debt continuing to balloon.

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Renewable energy trends and developments powering a cleaner future

IBM Big Data Hub

The agency predicts that by 2025, renewable energy will surpass coal to become the world’s top source of electricity. Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. Better storage will also help make power systems more resilient.

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Middle Eastern CISOs work internationally to tackle security issues

CIO Business Intelligence

trillion annually by 2025, up from $3 trillion in 2015, according to Cybersecurity Ventures. End-user spending on security and risk management in the Middle East and North Africa (MENA) is forecast to total US$2.6 billion in 2022, showing an increase of 11.2% compared to last year, Gartner has forecast.

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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. bn by 2025. . For most organizations, it sets the narrative for project forecasting, recruiting, scaling, and others. For CIOs, financial planning coupled with business forecasting through analysts is a primary role.

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IT services company Atos plans IBM-style split

CIO Business Intelligence

1, 2022, to lead the company through the latest in a series of transformations, has nominated two deputy CEOs to lead the two new businesses, and has resigned, effective by the end of September. It will be led by Philippe Oliva, who joined in April 2022 from Eutelsat (also Belmer’s former employer). billion) in 2022 to a low of €4.1

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. This contrasts with the 262,595 layoffs recorded in 2023, averaging approximately 22,000 per month, and 164,969 in 2022, averaging around 13,747 per month.”

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