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Accenture to lay off 19,000 to cut costs amid economic uncertainty

CIO Business Intelligence

of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions. The job cuts reflect stabilizing demand, following explosive post-pandemic growth, and prudent cost management, according to Ignacio Rasero, vice president for Moody’s Investors Service. billion to $16.7 billion to $16.7

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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

The pressure is on to navigate economic uncertainty. Build multiple budget scenarios with increasing levels of cost reduction to illustrate the plays you could run in response to various market conditions. If your top line is shrinking, prepare for questions on adjusting your cost structure to sustain margins during the storm.

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Customer service, especially field service, helps companies outperform competitors and drive growth

CIO Business Intelligence

In economic uncertainty, it’s natural for executives to explore where to reduce spending, trim the fat , so to speak, and cut enterprising investments as a matter of caution. But this thinking is also counter-productive for all the reasons that make uncertainty so predictable.

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Zendesk to lay off another 8% of its staff, cites macroeconomic issues

CIO Business Intelligence

CRM software provider Zendesk is reducing another 8% of its workforce citing macroeconomic uncertainty, just six months after the company laid off 300 staffers for the same reason. The new tranche of layoffs, according to Eggemeier, can be attributed to continued macroeconomic uncertainty and increased competition from rivals.

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Real-time transaction data analysis with IBM Event Automation

IBM Big Data Hub

They can also help quickly adjust to shifting market dynamics and external factors affecting business operations, like changes in levels of demand, costs and more. And these benefits shouldn’t be available only to highly technical teams.

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Maximizing your event-driven architecture investments: Unleashing the power of Apache Kafka with IBM Event Automation

IBM Big Data Hub

As IDC stated: as of 2022, 36% of IT leaders identified the use of technologies to achieve real-time decision-making as critical for business success, and 45% of IT leaders reported a general shortage of skilled personnel for real-time use cases.

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Digital Transformation Success: It’s All About Simplicity Through Partnerships

CIO Business Intelligence

According to 2022 State of the CIO study , 85% of CIOs are focusing on transformational initiatives with pre-pandemic levels of technology budget growth. By 2022, 55% of organizations will be boosting resiliency, as well as improving profitability, innovation rates, and cost efficiencies by more than 20% compared to their peers.