CIO Business Intelligence

JUNE 13, 2024

In July 2023, IDC forecast big data and analytics software revenue would hit $122.3 The right big data certifications and business intelligence certifications can help. They form the core of any analytics team and tend to be generalists versed in the methods of mathematical and statistical analysis. CAGR through 2027.

Data-driven 63

Data-driven Statistics Business Intelligence Reporting 63

CIO Business Intelligence

FEBRUARY 28, 2023

Regardless of the challenges of the past few years and the hurdles ahead, digital transformation investments in the Middle East, Türkiye, and Africa (META) are set to more than double across the 2021–2026 period, according to the latest forecast from IDC. of all ICT investments made that year.

Digital Transformation 52

Digital Transformation IT Uncertainty Forecasting 52

CIO Business Intelligence

APRIL 30, 2024

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 over the 2023-2027 forecast period 1. over 2023 2. billion in 2027.

Forecasting 92

Forecasting Optimization Advertising IoT 92

CIO Business Intelligence

JUNE 13, 2024

The Middle East and North Africa (MENA) region have witnessed a remarkable surge in Information Technology (IT) spending in recent years with, for example, governments and businesses embracing technology’s transformative power to drive growth and innovation. billion USD in 2024, an increase of 5.2%

Internet of Things 82

Internet of Things IoT IT Digital Transformation 82

CIO Business Intelligence

FEBRUARY 24, 2023

We must secure up to and including Layer 7 (the application layer) to ensure that business continues on in this 24/7 environment. As this technology becomes pervasive across the globe, PwC has forecast that the global economic impact of 5G will exceed $1.3 5G is designed to go places. Security needs to keep up. trillion by 2030.1

Risk 106

Risk Digital Transformation IoT Enterprise 106

CIO Business Intelligence

FEBRUARY 28, 2024

The legacy Tech Foundations business manages hybrid cloud and infrastructure, digital workplace, digital business platforms, technology advisory and customized services. Saleh announced preliminary financial results for 2023 during the conference call. Group revenue for 2023 totaled €10.7 billion (about $11.6

IT 110

IT Forecasting Consulting Sales 110

CIO Business Intelligence

JANUARY 15, 2024

Atos CEO Yves Bernaert has quit; The board immediately replaced him with Paul Saleh, CFO of the company since August 2023. Two weeks ago, the company announced plans to sell off more of its activities , as it struggled to conclude the sale of its managed infrastructure services business, known as Tech Foundations, to EP Equity Investment.

Uncertainty 98

Uncertainty Sales Finance Forecasting 98

Octopai

AUGUST 8, 2023

Battle Creek, Michigan — July 18, 2023 — Octopai, a global leader in data lineage and business intelligence automation, and Demand Chain AI, a pioneer in AI-driven demand forecasting and supply chain optimization, have today announced a strategic partnership.

Digital Transformation 52

Digital Transformation Metadata Forecasting Data-driven 52

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. In 2023, the company made a net loss of €3.4 billion on revenue of €10.7 billion in 2022.

Forecasting 95

Forecasting Finance Sales Big Data 95

FineReport

APRIL 26, 2023

Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting. With Big Data Analytics, businesses can make better and quicker decisions, model and forecast future events, and enhance their Business Intelligence.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

CIO Business Intelligence

MARCH 2, 2023

Despite a tumultuous couple of months, strong user uptake of Tableau business intelligence and MuleSoft data automation and integration software fueled a surprising 14% year-over-year jump in revenue for Salesforce’s fourth quarter. The results helped boost Salesforce’s total revenue for financial year 2023 to $31.4

Internet of Things 115

Internet of Things IoT Business Intelligence Software 115

CIO Business Intelligence

MARCH 26, 2024

As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023. This trend reflects the broader influence of advancements in artificial intelligence on customer spending patterns as organizations increasingly seek to integrate AI into their operations.

Uncertainty 106

Uncertainty Forecasting Optimization Consulting 106

CIO Business Intelligence

JANUARY 23, 2024

Analyst firm Gartner has released its 2024 worldwide IT spending forecast, and the topline is eyepopping: Overall IT expenditures are projected to grow 6.8% But the storyline CIOs should note from this year’s spending forecast is not about overall volume or uptick, or even whether generative AI is behind this year’s perky numbers (it isn’t).

IT 110

IT Consulting Forecasting Strategy 110

CIO Business Intelligence

JANUARY 15, 2024

year on year in the first 11 months of 2023, AI or no AI. But 2023’s rate of consumer spending growth is not necessarily sustainable in 2024, the NRF’s chief economist warned, so retailers may need all the help they can get. It’s using AI to simplify stock replenishment and order management in physical and online stores.

Sales 88

Sales Software Forecasting Statistics 88

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. IDC is forecasting a 5.1% in 2023, the firm says. growth in 2022, according to Gartner.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

APRIL 29, 2024

Gartner, in an IT spending forecast released in April, predicted that 22% of all smartphones shipped this year will be AI-enabled, rising to 32% in 2025, and 56% in 2026. AI-enabled smartphones, those containing chips powerful enough to run AI applications, are already coming to the market.

Experimentation 129

Experimentation Forecasting Risk Consulting 129

CIO Business Intelligence

MARCH 23, 2023

While we continue to hire, especially to support our strategic growth priorities, during the second quarter of fiscal 2023, we initiated actions to streamline our operations and transform our non-billable corporate functions to reduce costs,” the company said in an Securities & Exchange Commission (SEC) filing on Thursday. billion to $16.7

Uncertainty 91

Uncertainty Cost-Benefit Consulting Digital Transformation 91

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 in 2023, according to a report from Gartner. billion in 2024, up from $563.6 Redkite is an IT consultancy firm.

IT 105

IT Consulting Digital Transformation Manufacturing 105

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. A recent study shows that 98% of IT leaders 1 have adopted a public cloud infrastructure. Additionally, 58% of these organizations use between two and three public clouds, indicating a growing trend toward multi-cloud environments.

Cost-Benefit 129

Cost-Benefit Risk Digital Transformation Reporting 129

CIO Business Intelligence

MARCH 12, 2024

The new generative AI features include Copilot, the generative AI-based assistant, and Copilot Designer, a centralized workplace where enterprise users can tweak pre-built Copilot scenarios to suit their business requirements, akin to Salesforce’s Einstein 1 Studio.

IT 96

IT Sales Forecasting Marketing 96

CIO Business Intelligence

FEBRUARY 15, 2024

To help earn this, at the end of each year, Ardolino prepares his own budget forecast document, which he then reviews with the CFO and CEO. Together we review the items with possible cuts and additions based on the strategic line, looking at our business needs, the projects we want to push, and the timing of implementation,” he says. “The

Strategy 109

Strategy Digital Transformation Cost-Benefit Forecasting 109

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 75

Finance Forecasting Uncertainty Sales 75

CIO Business Intelligence

MAY 21, 2024

We can start to incorporate public data, such as weather forecasting, proximity to mass transit, and density of people in a store.” In 2023, it was really dominated by models with text and code,” Chandrasekaran says. One of our retail customers is starting to talk about pulling in weather data. You’re capturing anomalies.”

IT 125

IT Cost-Benefit Experimentation Forecasting 125

CIO Business Intelligence

DECEMBER 6, 2023

As a result, they’ll be able to automate their processes across operations, create innovative business models at scale and achieve greater agility and resilience. We’ve also worked with Watco, a leading transportation and logistics provider, to streamline their financial planning, forecasting, and reporting processes.

Forecasting 102

Forecasting Uncertainty Modeling Optimization 102

CIO Business Intelligence

JULY 27, 2023

After a decade-long price freeze, SAP increased the cost of SAP Standard Support, SAP Enterprise Support, and SAP Product Support for Large Enterprises contracts on January 1, 2023. for June 2023 , down from 9.4% Prices rose in line with customers’ local consumer price index (CPI), with a cap of 3.3%. in October 2022. a year earlier.

Cost-Benefit 77

Cost-Benefit Statistics Data Processing Forecasting 77

CIO Business Intelligence

SEPTEMBER 26, 2023

The combination of the smart meter data and weather forecast information would provide a calculated load profile in real-time, driving solar power production for the near future. With ML producing a total load profile in 15-minute intervals, forecasters could view solar production in eight-hour chunks.

Machine Learning 97

Machine Learning Forecasting Measurement Data Warehouse 97

CIO Business Intelligence

SEPTEMBER 28, 2022

While a new forecast released Monday by Spiceworks/Ziff Davis said that overall IT spending will be largely unhampered by recessionary trends in the economic outlook, much of that spending will be driven by large enterprises, leaving the picture much murkier for small and medium-size businesses.

Cost-Benefit 93

Cost-Benefit IT Forecasting Data-driven 93

CIO Business Intelligence

DECEMBER 7, 2023

A nation known for innovative efficiency was a failure in one key area It goes without saying that the faster and more effectively disasters can be forecasted, detected, and responded to, the better the chance of minimizing damage and saving lives. And the key to success is having data that can be analyzed for actionable insights.

IoT 83

IoT Internet of Things Forecasting Digital Transformation 83

CIO Business Intelligence

FEBRUARY 8, 2024

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. This includes a significant reevaluation of large ticket items, influenced by developments in 2023 around generative AI, according to Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research.

IT 84

IT Uncertainty Consulting Forecasting 84

CIO Business Intelligence

MAY 14, 2024

According to Forrester’s Infrastructure Cloud Survey in 2023, 79% of roughly 1,300 enterprise cloud decision-makers surveyed said their firms are implementing internal private clouds, which will use virtualization and private cloud management. Private clouds provide more predictability because the infrastructure is dedicated.”

IT 139

IT Data Processing Enterprise Modeling 139

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 134

Risk Manufacturing Enterprise Technology 134

CIO Business Intelligence

FEBRUARY 12, 2024

The Azul State of Java Survey and Report 2023 , an independently run study of more than 2,000 Java users, found that 90% of companies with applications built in Java, the most prominent programming language used to build enterprise applications, are deploying in a public, private, or hybrid cloud environment.

Optimization 107

Optimization Cost-Benefit Reporting Digital Transformation 107

CIO Business Intelligence

JULY 18, 2023

Nvidia’s transformation from an accelerator of video games to an enabler of artificial intelligence (AI) and the industrial metaverse didn’t happen overnight—but the leap in its stock market value to over a trillion dollars did. But it’s a segment that’s more than doubling each year.

Manufacturing 95

Manufacturing Forecasting Software Testing 95

CIO Business Intelligence

SEPTEMBER 1, 2023

As part of Microsoft’s development team, Sun created Bing Predicts, the inference engine that provides the “favored to win” forecasts beneath search results for sporting fixtures and attempted to predict the 2016 US presidential election winner. Spoiler alert: it failed.)

IT 103

IT Reporting Forecasting Data Quality 103

CIO Business Intelligence

JULY 28, 2023

Customers must have the trust and willingness to share data As enterprises continue to create new digital-first products and services, forecasting customer needs, preparing for potential issues, and building resilience is vital to sustaining trust. These require customer data.

Strategy 77

Strategy Enterprise Forecasting Risk 77

CIO Business Intelligence

MARCH 8, 2024

According to stats from DDI’s 2023 Global Leadership Forecast, which surveyed close to 2 000 HR professionals and around 13,500 business leaders from over 1,500 companies around the world, the share of women in tech leadership roles now stands at around 28%.

Forecasting 102

Forecasting Technology Strategy Reporting 102

CIO Business Intelligence

NOVEMBER 2, 2023

To be sure, enterprise cloud budgets continue to increase, with IT decision-makers reporting that 31% of their overall technology budget will go toward cloud computing and two-thirds expecting their cloud budget to increase in the next 12 months, according to the Foundry Cloud Computing Study 2023. 1 barrier to moving forward in the cloud.

Strategy 127

Strategy Data Processing Experimentation Optimization 127