Remove 2023 Remove Data Analytics Remove Risk Remove Uncertainty
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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Companies which require immediate business funding are using data analytics tools to research and better understand their options.

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insightsoftware Launches Angles Professional for Oracle to Automate Recurring Operational Reports at the Gartner Data & Analytics Summit 2023

Jet Global

Recognizing a need for better operational analytics, insightsoftware leveraged award-winning technology from Logi Analytics to provide Oracle ERP Cloud users the ability to customize, create, and share interactive dashboards and reports across all departments of a business.

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Why CIOs should invest in digital through economic headwinds

CIO Business Intelligence

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Gartner’s managing VP Mary Mesaglio said she remained optimistic for tech investments, with the latest crisis offering CIOs yet another opportunity to “make the difference”. global inflation rate.

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Novanta’s Sarah Betadam on transforming the IT model status quo

CIO Business Intelligence

By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. A lot of companies today are investing more in data analytics and business intelligence.

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Predictive Analytics Improves Trading Decisions as Euro Rebounds

Smart Data Collective

Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. We have talked about a lot of the benefits of using predictive analytics in finance. in 2023, according to the Summer 2022 (interim) Economic Forecast.

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The Connect Effect: Transforming Employee Experience

Jet Global

Further, as the demand for accurate reports and financial predictions increases amid a volatile economy, companies risk employee burnout and turnover. While remote hiring may help address the skills shortage, collaboration becomes more difficult if such applications and data remain disconnected. That’s the power of the connect effect.

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Generative AI readiness is shockingly low – these 5 tips will boost it

CIO Business Intelligence

As genAI caught fire in 2023, many organizations rushed to test and learn from the technology and harness it to grow productivity and improve processes. 4 Additionally, while 63% have guardrails in place to use AI safely, these organizations worry about its role in misinformation, ethical bias and job loss among other risks, Wavestone found.

IT 136