CIO Business Intelligence

APRIL 9, 2024

It recently reported its full-year results for 2023, after delaying twice to give auditors time to examine an independent business review report and to complete their audit of non-cash goodwill impairment charges. billion in 2022. In 2023, the company made a net loss of €3.4 billion on revenue of €10.7

Forecasting 105

Forecasting Finance Sales Big Data 105

CIO Business Intelligence

JULY 18, 2022

Plummeting sales of printers and PCs and a growing inflation crisis aside, IT spending will remain strong through 2022, rising 3% year-over-year to a total of $4.5 The current levels of volatility seen in both inflation and currency exchange rates is not expected to deter CIOs’ investment plans for 2022.”.

IT 144

IT Uncertainty Data-driven Sales 144

CIO Business Intelligence

OCTOBER 14, 2022

Janco has reduced its forecast for 2022 North American IT job market growth to 179,000 from its earlier forecast of 203,900. The state’s unemployment rate increased in the month of August 2022 to 4.1 Most still are hiring but at a slower pace. California itself saw unemployment numbers rise in the month of August.

Forecasting 116

Forecasting Statistics Data Processing Consulting 116

CIO Business Intelligence

NOVEMBER 14, 2022

Decision support systems vs. business intelligence DSS and business intelligence (BI) are often conflated. Decision support systems are generally recognized as one element of business intelligence systems, along with data warehousing and data mining. Forecasting models. Optimization analysis models.

Data mining 144

Data mining Data-driven Statistics OLAP 144

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. in 2022 to $623 billion globally. Gartner highlights AI trend in banking.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

CIO Business Intelligence

MARCH 23, 2023

foreign-exchange impact compared with the third quarter of fiscal 2022,” the company said in a statement. Uncertain macroeconomic conditions have forced technology companies to announce massive layoffs since 2022 through 2023. “Accenture expects revenues for the third quarter of fiscal 2023 to be in the range of $16.1 billion to $16.7

Uncertainty 98

Uncertainty Cost-Benefit Consulting Digital Transformation 98

CIO Business Intelligence

FEBRUARY 13, 2023

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

JANUARY 11, 2024

The company has served clients in sectors such as technology, business services, healthcare, life sciences and manufacturing. The global end-user spending on public cloud services is forecast to grow 20.4% billion on 38 acquisitions in 2022, $4.2 Artificial Intelligence, IT Consulting Services

IT 115

IT Consulting Digital Transformation Manufacturing 115

CIO Business Intelligence

APRIL 25, 2022

German software group SAP reported first-quarter revenue growth of 11% for 2022 on Friday, driven in large part by its cloud business. billion) in the first quarter of 2022, while revenue for its S/4HANA cloud software was €400 million, up 78% year-on-year. The company’s cloud revenue climbed 31% to €2.8 billion (US$3.02

Forecasting 98

Forecasting Sales Measurement Software 98

Jedox

JANUARY 13, 2023

Now finance teams are looking for more efficient and flexible planning that encourages a “total company mindset,” according to the Gartner 2022 Critical Capabilities for Financial Planning Software report. 1 As planning solutions evolve to meet this demand, finance leaders must consider which capabilities best fit their organization’s needs.

Software 52

Software Finance Forecasting Data Lake 52

Jet Global

DECEMBER 8, 2022

Raleigh, NC—December 8, 2022 — insightsoftware , a global provider of reporting, analytics, and performance management solutions, today released research that shows data quality is the biggest challenge organizations face when making data-driven decisions. Doing this takes time away from the critical work of gathering business intelligence.

Data Quality 52

Data Quality Forecasting Data-driven Reporting 52

CIO Business Intelligence

MARCH 22, 2022

At GTC 2022, the company announced new tools for building digital twins for scientific and engineering applications. FourCastNet (named for the Fourier neural operators used in its calculations) is a weather forecasting tool trained on 10 terabytes of data. It’s at the high end of that range that Nvidia plays.

Modeling 143

Modeling Machine Learning Forecasting Optimization 143

CIO Business Intelligence

JANUARY 19, 2024

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. You should also have experience with pattern detection, experimentation in business optimization techniques, and time-series forecasting.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

CIO Business Intelligence

JUNE 20, 2022

French multinational IT services company Atos is planning to split in two, much as IBM spun out its legacy-focused managed infrastructure services business to form Kyndryl in November 2021. 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

IT 98

IT Data Processing Forecasting Big Data 98

CIO Business Intelligence

NOVEMBER 17, 2023

Over a period of six months, we created an entirely new demand forecasting model, leveraging the capabilities in the cloud,” he says by way of example. In 2022, 20% of all customer contact with the hotel giant’s 6,100 properties went through digital channels, compared to 4% the previous year.

Forecasting 132

Forecasting Consulting Data-driven Digital Transformation 132

CIO Business Intelligence

DECEMBER 13, 2023

Certinia is using predictive AI to deliver more precise forecasts of cash flow and days to pay, based on analyses of trends in customer payments, and to forecast how many days it will take to staff resource requests, help enterprises keep projects on schedule, or to manage their customers’ expectations when things fall behind.

Finance 90

Finance Forecasting Uncertainty Sales 90

CIO Business Intelligence

APRIL 26, 2023

In April 1972, entrepreneurs Dietmar Hopp, Hasso Plattner, Claus Wellenreuther, Klaus Tschira, and Hans-Werner Hector started an amazing innovation journey, which culminated in SAP’s 50th anniversary celebration in 2022. Together with our customers and partners, we are happy to celebrate the 10 th Anniversary of the SAP Innovation Awards.

Digital Transformation 98

Digital Transformation Forecasting Data-driven Optimization 98

CIO Business Intelligence

JULY 27, 2023

in October 2022. In Belgium, the Federal Planning Bureau reported average consumer price inflation was 9.59% in 2022, yet it forecasts it will fall to 3.9% For example, the UK’s Office of National Statistics reported annual consumer price inflation of 7.9% for June 2023 , down from 9.4% a year earlier.

Cost-Benefit 96

Cost-Benefit Statistics Data Processing Forecasting 96

CIO Business Intelligence

FEBRUARY 8, 2024

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.”

IT 98

IT Uncertainty Consulting Forecasting 98

CIO Business Intelligence

MAY 4, 2022

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. Top 10 business needs driving IT spend. The State of the CIO report found that 59% of CIOs are planning to spend more in 2022 than they did in 2021.

IT 135

IT Business Driver Reporting Uncertainty 135

Smart Data Collective

JUNE 16, 2022

And since no one except CIOs has the technical nerve of a business; they are seizing the opportunity to increase value to the organization while positioning themselves as thought leaders. . While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. Conclusion.

Business Analytics 120

Business Analytics Analytics Forecasting Business Analysis 120

AWS Big Data

MAY 31, 2023

In 2022, Trakstar launched what is now called Trakstar Insights, which unlocks new analytical insights for HR across the employee life cycle. It’s powered by Amazon QuickSight , a cloud-native business intelligence (BI) tool that enables embedded customized, interactive visuals and dashboards within the product experience.

Slice and Dice 71

Slice and Dice Analytics Dashboards IT 71

CIO Business Intelligence

APRIL 20, 2022

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. Countries in the region are fighting back.

Forecasting 52

Forecasting Risk Management Reporting Risk 52

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. It’s a diverse market with a long tail, according to another IDC study, from 2022, which found just 30.8%

Sales 52

Sales Enterprise Cost-Benefit Software 52

CIO Business Intelligence

SEPTEMBER 6, 2022

As a result, Pimblett now runs the organization’s data warehouse, analytics, and business intelligence. One of the early projects on which he was able to add value through a partnership between his data hub and one of the business unit spokes was in building a new demand forecasting tool.

IT 97

IT Forecasting Data Lake Enterprise 97

CIO Business Intelligence

APRIL 14, 2023

A broad spectrum of tools has arisen to facilitate software development in the enterprise, from no-code platforms like Bubble and low-code drag-and-drop tools , both stand-alone and integrated into enterprise applications, to intelligent tools that use machine learning to suggest lines of code to professional developers as they work.

Forecasting 115

Forecasting Sales Software Enterprise 115

CIO Business Intelligence

OCTOBER 28, 2022

Macroeconomic conditions led by the pandemic and the geopolitical crisis in Ukraine have further slowed down growth of Amazon’s cloud computing unit, Amazon Web Services (AWS), in the third quarter of 2022. So, we’ve carried that forecast through to the fourth quarter,” CFO Brian Olsavsky said, according to a Motley Fool transcript.

Uncertainty 98

Uncertainty Marketing Forecasting Reporting 98

CIO Business Intelligence

MARCH 15, 2023

growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. All things related to maintaining the systems to land, expand, and renew business at forecasted volumes are no brainers. Securing the technical estate from bad actors?

Uncertainty 98

Uncertainty Cost-Benefit Forecasting Insurance 98

CIO Business Intelligence

OCTOBER 11, 2023

AI also forecasts demand so that energy companies can plan their modernization and expansion efforts. Today, over 70% of the U.S. electricity grid is more than 25 years old, and that aging system is vulnerable to increasingly intense storms.” How can AI and generative AI help?

Unstructured Data 137

Unstructured Data Uncertainty Risk Data Processing 137

CIO Business Intelligence

OCTOBER 21, 2022

Removing the physical speaker box on site was a simple concept but a key part of a bigger digital transformation Chipotle kicked off in 2018 that led to an explosion in business, in large part because the digital ordering system required less human labor during the pandemic. Chipotle’s digital business in 2022 was $3.5

Digital Transformation 145

Digital Transformation Data Lake Forecasting Technology 145

CIO Business Intelligence

FEBRUARY 12, 2024

Almost all of these organizations (95%) took steps to reduce cloud costs in the prior year (2022-2023). Naturally, organizations want to provide a seamless experience to every customer, because in the end customer satisfaction dictates the state of operational success.

Optimization 122

Optimization Cost-Benefit Digital Transformation Reporting 122

CIO Business Intelligence

NOVEMBER 2, 2023

Additionally, ADP’s management plan ensures all IT managers get daily reports and forecasts of cloud use to stay on top of the cloud spending. growth experienced in 2022. IDC expects global spending on public cloud services to total $656 billion in 2023, which is a “considerable increase” over the $537 billion spent in 2022.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

CIO Business Intelligence

DECEMBER 15, 2022

The switch to S/4HANA is showing up in SAP’s sales figures too — S/4HANA revenue for the third quarter of 2022 was up 98% year on year to €548 million — but there are still obstacles to wider adoption, the user groups found. Grounds for optimism Recent forecasts from the likes of IDC and Gartner put growth in IT spending at around 5.1%

Forecasting 96

Forecasting Software Data Processing Optimization 96

CIO Business Intelligence

JULY 20, 2023

As per RBR London’s Mobile Self-Scanning and Checkout-Free 2022 study , there has been a threefold increase in the number of stores leveraging checkout-free technology worldwide. From 250 such stores in 2021, the study forecasts the number to touch 12,000 by 2027.

Technology 75

Technology Forecasting Advertising Machine Learning 75

CIO Business Intelligence

AUGUST 1, 2023

IBM spun out its legacy managed infrastructure services business as a new company, Kyndryl , in November 2021, seeking to become a faster-moving and more profitable company focused on modern technologies. that the company forecasts for the total addressable market it in which it operates.

IT 98

IT Sales Digital Transformation Marketing 98

CIO Business Intelligence

SEPTEMBER 7, 2023

MarketResearch.biz forecasts generative AI’s growth in defense at 21% CAGR from 2022-2032, creating a market size of $2.91 Defense investing in generative AI To do so, countries around the world are increasing defense budgets to assess and leverage generative AI. billion by 2032.

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Risk Management 119

datapine

NOVEMBER 11, 2021

1) Benefits Of Business Intelligence Software. 2) Top Business Intelligence Features. For a few years now, Business Intelligence (BI) has helped companies to collect, analyze, monitor, and present their data in an efficient way to extract actionable insights that will ensure sustainable growth. 1) Connect.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213