CIO Business Intelligence

FEBRUARY 13, 2024

Gartner forecasts that enterprise spend on supply chain execution (SCE) software will rise to $8.8 billion, according to the Gartner forecast made in late 2022. billion annually in 2026, up from $5.3 billion in 2021. Transportation management software will account for around 26% of that SCE spend, or $2.2

Management 114

Management Forecasting Machine Learning Business Intelligence 114

CIO Business Intelligence

MARCH 22, 2022

March 2022. February 2022. January 2022. Agrawal comes with a vast exposure in successfully leading large scale global transformation projects in Enterprise Resource Planning (ERP), logistics operation, financial forecasting, and sales and operations planning,” said Dabur India. Write to us if you have news to share.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

CIO Business Intelligence

JANUARY 15, 2024

His predecessor, Rodolphe Belmer, was appointed CEO in December 2022 and left in August 2023 following a dispute with activist shareholders. However, it expects to miss its free cash flow forecast of negative €1 billion, falling a further €100 million short. billion and free cash flow of negative €197 million for the full year 2022.

Uncertainty 101

Uncertainty Sales Finance Forecasting 101

CIO Business Intelligence

FEBRUARY 10, 2023

With the help of sophisticated predictive analytics tools and models, any organization can now use past and current data to reliably forecast trends and behaviors milliseconds, days, or years into the future. billion in 2022, according to a research study published by The Insight Partners in August 2022. from 2022 to 2028.

Predictive Analytics 141

Predictive Analytics Analytics Predictive Modeling Forecasting 141

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 115

Forecasting Statistics Data Processing Consulting 115

CIO Business Intelligence

APRIL 9, 2024

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.

Forecasting 97

Forecasting Finance Sales Big Data 97

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 134

IT Uncertainty Data-driven Sales 134

IBM Big Data Hub

MARCH 8, 2024

Wind and solar photovoltaic (PV) power generation are forecast to exceed nuclear power generation in 2025 and 2026, respectively. The country was home to 95% of new solar technology manufacturing facilities in 2022.) Renewables forecasting is rapidly becoming an important tool in the energy transition.

Forecasting 72

Forecasting Manufacturing Measurement Finance 72

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 2 Unless your demand forecasting is accurate, adopting a reactive approach might prove less efficient. Results may vary.

Optimization 78

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 78

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 143

Predictive Analytics Technology Analytics Machine Learning 143

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 93

Uncertainty Cost-Benefit Consulting Digital Transformation 93

IBM Big Data Hub

APRIL 14, 2023

They faced obstacles such as a prolonged budget process, manual forecasting, and no product profitability. The implementation process was done in several stages, from January 2019 and until August 2022, with product profitability being added in the final phase. Al Rabie Saudi Foods Co.

Forecasting 69

Forecasting Sales Dashboards Reporting 69

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 94

Forecasting Sales Measurement Software 94

CIO Business Intelligence

JANUARY 11, 2024

The global end-user spending on public cloud services is forecast to grow 20.4% billion on 38 acquisitions in 2022, $4.2 The company has served clients in sectors such as technology, business services, healthcare, life sciences and manufacturing. billion in 2024, up from $563.6 billion in 2023, according to a report from Gartner.

IT 108

IT Consulting Digital Transformation Manufacturing 108

Jedox

JANUARY 3, 2023

Even in a highly uncertain environment, organizations can adapt more easily by conducting more frequent financial forecasts, modeling multiple scenarios , integrating external data sources, and building closer collaboration between the business and FP&A teams. Integrated business planning creates more meaningful collaboration.

Uncertainty 81

Uncertainty Forecasting Finance Data-driven 81

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

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 128

Modeling Machine Learning Forecasting Optimization 128

CIO Business Intelligence

JUNE 20, 2022

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

IT 85

IT Data Processing Forecasting Big Data 85

DataRobot Blog

OCTOBER 18, 2022

The DataRobot expo booth at the 2022 conference showcased our AI Cloud platform with industry-specific demonstrations including Anti-Money Laundering for Financial Services , Predictive Maintenance for Manufacturing and Sales Forecasting for Retail. DataRobot Booth at Big Data & AI Toronto 2022.

Big Data 96

Big Data Forecasting Experimentation Metrics 96

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 130

Forecasting Consulting Data-driven Digital Transformation 130

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 76

Finance Forecasting Uncertainty Sales 76

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 Gartner, Critical Capabilities for Financial Planning Software, December 2022. 2 BARC, The Planning Survey 22, May 2022.

Software 52

Software Finance Forecasting Data Lake 52

CIO Business Intelligence

FEBRUARY 13, 2023

Cold: On-prem infrastructure As they did in 2022, many IT leaders are reducing investments in data centers and on-prem technologies. “We IDC is forecasting a 5.1% Still, worldwide spending on all telecom services (fixed, mobile, voice, and data) is forecast to increase 2.3% growth in 2022, according to Gartner.

IT 145

IT Insurance Machine Learning Marketing 145

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 89

Digital Transformation Forecasting Data-driven Optimization 89

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. The State of the CIO report found that 59% of CIOs are planning to spend more in 2022 than they did in 2021. Top 10 business needs driving IT spend.

IT 135

IT Business Driver Reporting Uncertainty 135

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 80

Cost-Benefit Statistics Data Processing Forecasting 80

IBM Big Data Hub

MARCH 27, 2024

Therefore, the states worked with Mercados EMI , a consultancy firm specializing in the energy sector, to build an AI-based demand forecasting system that uses weather pattern data and electricity demand data. The state experienced one of its driest years on record in 2022.

Risk 64

Risk Forecasting Insurance Strategy 64

Smart Data Collective

JUNE 16, 2022

While we are at it, Gartner’s 2022 report on business composability further pushes the need for analytics. 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. Conclusion.

Business Analytics 118

Business Analytics Analytics Forecasting Business Analysis 118

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

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. Many organizations are not there, yet. About insightsoftware.

Data Quality 52

Data Quality Forecasting Data-driven Reporting 52

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 87

IT Uncertainty Consulting Forecasting 87

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

Andrew White

FEBRUARY 5, 2023

COVID restrictions melted away and so too did forecasted clients of Peloton. Spending got ahead of reliable forecasted demand. Headlines: February 2022: Peloton is scrapping plans to build its own factory April 2022: Peloton Stock Halted, Tumbles After Surprise U.S. But then it all changed. It all went wrong.

Forecasting 52

Forecasting Strategy Digital Transformation Marketing 52

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

Jet Global

JUNE 21, 2023

In 2022, despite continued economic headwinds, finance teams were optimistic about the future and preparing for growth. As tighter budgets are slowing down hiring from an already limited talent pool, fewer finance professionals are prioritizing automation: only 25% of respondents, down 15% from 2022.

Finance 52

Finance Uncertainty Digital Transformation Reporting 52

CIO Business Intelligence

OCTOBER 21, 2022

Chipotle’s digital business in 2022 was $3.5 Garner’s flexible cloud infrastructure, which includes a data lake built on Snowflake, has also facilitated the chain’s implementation of PreciTaste, a SaaS and AI system that enables each store to properly forecast its supply needs.

Digital Transformation 144

Digital Transformation Data Lake Forecasting Technology 144

CIO Business Intelligence

APRIL 14, 2023

IDC forecasts that sales of no-code platforms will grow at an annual rate of 13.9% The predictions about the future of software development are contained in IDC’s “ Worldwide Low-Code, No-Code and Intelligent Developer Technologies Forecast, 2022-2026 ” report. Sales of all three of these categories of tools are growing.

Forecasting 105

Forecasting Sales Software Enterprise 105