CIO Business Intelligence

MAY 8, 2024

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. ExpionIQ Advisor has cut the time to calculate the numbers needed for an RFP to a few hours, instead of days, Kumar says.

IT 109

IT Insurance Cost-Benefit Unstructured Data 109

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. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. It’s all about uptime and input.

IT 145

IT Insurance Machine Learning Marketing 145

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. Trendforce forecasts that starting in 2024, the demand for AI development and software services will significantly increase, alongside the growth of edge computing AI servers using mid-range GPUs and FPGAs.

Uncertainty 118

Uncertainty Forecasting Optimization Consulting 118

Jet Global

JULY 5, 2023

What are the top strengths, challenges, and areas of improvement for finance decision-makers in 2023? External Market Challenges are Hampering Finance Teams In 2023, the impact of external factors is clear as the optimism from the previous year has been replaced by pragmatism and realism. The Result?

Finance 52

Finance Uncertainty Reporting Marketing 52

CIO Business Intelligence

JUNE 22, 2023

Here are the 10 industries with the highest tech salaries, and how much they’ve increased in value since 2021, according to the 2023 Dice Tech Salary Report. Technology has quickly become a top priority for businesses across every industry. So much so that IT roles are no longer just the purview of the IT department.

IT 122

IT Insurance Recreation/Entertainment Consulting 122

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. If software vendors have their way, the answer is likely to involve more artificial intelligence.

Sales 103

Sales Software Forecasting Statistics 103

IBM Big Data Hub

FEBRUARY 19, 2024

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. It includes everything from product development and strategic decision-making to information systems and new technologies.

Strategy 82

Strategy Management Forecasting Cost-Benefit 82

CIO Business Intelligence

JANUARY 18, 2024

Global spending on technology is predicted to be up by virtually all forecasts. Technical vision: Planning, deploying, measuring, optimizing, and scaling for current and future state capacities is essential in today’s disruptive IT landscape. By all accounts, 2024 will be a good year on the CIO hiring front.

IT 126

IT Data-driven Marketing Technology 126

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. It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. Hence, they are focused on the need to optimize operational spending across two domains. Operational costs.

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

CIO Business Intelligence

DECEMBER 6, 2023

The same is true when it comes to resiliency planning. Businesses can become more resilient in many ways, from optimizing production with supply chain planning, to better leveraging data, to diversifying their suppliers, and by giving their workforce new tools and training to become future ready. It’s easy to see why.

Forecasting 111

Forecasting Uncertainty Modeling Optimization 111

IBM Big Data Hub

FEBRUARY 20, 2024

According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 Around the world, AI-powered climate models and other technologies can help scientists, government officials and utilities providers forecast water access conditions and improve water resource management. IPCC, 2023.

Modeling 114

Modeling Forecasting Reporting Risk 114

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 139

Strategy Data Processing Experimentation Optimization 139

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. Policies driving development At 2023’s United Nation’s Climate Change Conference (COP28), governments set a goal to triple global renewables power capacity by 2030.

Forecasting 68

Forecasting Manufacturing Measurement Finance 68

CIO Business Intelligence

SEPTEMBER 26, 2023

While scoping and modeling the project, IWB relied on support from SAP’s Global Center of Excellence and Customer Advisory, providing both business and application expertise to organizations engaged in SAP implementations and optimizing existing ones. If you want to look into the future, sometimes you have to be able to predict it.

Machine Learning 105

Machine Learning Forecasting Measurement Data Warehouse 105

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 141

Risk Manufacturing Enterprise Technology 141

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

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? Are there mitigation strategies that can be implemented successfully that could provide policy guidance and reasons for optimism in the face of ever increasing frequency of extreme weather events?

Optimization 52

Optimization Machine Learning Insurance Risk 52

AWS Big Data

MAY 31, 2023

In 2023, Trakstar joined Mitratech’s world-class portfolio of Human Resources and Compliance products. In this post, we discuss how we use QuickSight to deliver powerful HR analytics to over 3,000 customers and 43,000 users while forecasting savings of 84% year-over-year as compared to our legacy reporting solutions.

Slice and Dice 74

Slice and Dice Analytics Dashboards IT 74

CIO Business Intelligence

JULY 18, 2023

It was when Nvidia reported strong results for the three months to April 30, 2023, and forecast that its sales could jump by 50% in the following fiscal quarter, that its stock market valuation soared, catapulting it into the exclusive trillion-dollar club alongside well-known tech giants Alphabet, Amazon, Apple, and Microsoft.

Manufacturing 98

Manufacturing Forecasting Software Marketing 98

IBM Big Data Hub

JANUARY 9, 2024

An IDC survey forecasting the primary reasons for an increase in enterprise storage spending in 2023 cites, “greater data protection needs” was the most selected primary driver by IT decision makers. Picture this: your business is a dynamic player in your industry at the brink of a pivotal juncture. The result?

Digital Transformation 67

Digital Transformation Business Driver Optimization Strategy 67

IBM Big Data Hub

OCTOBER 30, 2023

IBM and AWS partnership focuses on delivering solutions in areas like: Supply chain optimization with AI-infused Planning Analytics IBM Planning Analytics on AWS offers a powerful platform for supply chain optimization, blending IBM’s analytics expertise with AWS’s cloud capabilities.

Insurance 78

Insurance Data Warehouse Data-driven Unstructured Data 78

CIO Business Intelligence

DECEMBER 15, 2022

ASUG members also cite skills shortages as the biggest barrier to innovation, especially in a multi-cloud environment, with one-fifth seeking to optimize their cloud innovations by upskilling existing staff with help from free learning platforms and business partners.

Forecasting 94

Forecasting Software Data Processing Optimization 94

CIO Business Intelligence

DECEMBER 26, 2023

Perhaps in an age when our forebears huddled around campfires waiting for warmer weather annual reviews were the optimal way to accumulate knowledge and empower human agency. Today, not so much. Instead, at the end of the year, CIOs should be looking forward not backward. Here’s what that means and how to achieve it.

Uncertainty 110

Uncertainty Technology Forecasting Strategy 110

IBM Big Data Hub

DECEMBER 5, 2023

A recent forecast by the research analyst firm IHL Group predicts that generative AI will have a total financial impact of USD 9.2 The third component is watsonx.governance, anticipated to be available in December, 2023, which is a powerful set of tools to specify and manage enterprise-wide governance processes and control risk.

Unstructured Data 91

Unstructured Data Cost-Benefit Experimentation Machine Learning 91

CIO Business Intelligence

JUNE 15, 2022

Gartner has forecast that 65% of organizations will adopt ERP applications that use one or more of what it calls “fourth-era hallmarks” by 2023. Those include AI, data-centric design, systems that can be used off the shelf, functions that augment decisions, developer enablement, and customer-facing technology. Workforce shifts.

Key Performance Indicator 144

Key Performance Indicator Consulting KPI Sales 144

IBM Big Data Hub

MAY 6, 2024

Optimize protocols using historical and synthetic data Complex and stringent protocols are notorious for delaying clinical trials and eroding patient engagement. Additionally, generative adversarial networks (GANs) can be used to simulate real recruitment scenarios, further optimizing protocol design.

Advertising 80

Advertising Data-driven Optimization Strategy 80

IBM Big Data Hub

NOVEMBER 10, 2023

In this blog, we’ll look at five simple ways to optimize spend with IBM Turbonomic — a hybrid cloud cost optimization platform and the “Ops” in FinOps — while still leveraging the elasticity of the cloud. One of the challenges for IT, though, is controlling cloud consumption costs while moving workloads.

Optimization 69

Optimization Machine Learning Interactive Management 69

Cloudera

OCTOBER 30, 2023

According to the Flexera 2023 survey 1 , 82 percent of enterprises and SMBs pointed to cost management as the main challenge they are trying to overcome. Cloud transformation is ranked as the cornerstone of innovation and digitalization. The FinOps framework is helping organizations to obtain the best ROI for their cloud transformation.

Analytics 79

Analytics Cost-Benefit ROI Business Objectives 79

IBM Big Data Hub

FEBRUARY 13, 2024

Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

Cost-Benefit 79

Cost-Benefit Scorecard Risk Recreation/Entertainment 79

IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization.

Cost-Benefit 57

Cost-Benefit Finance Optimization Key Performance Indicator 57

AWS Big Data

MARCH 29, 2024

Analyzing historical patterns allows you to optimize performance, identify issues proactively, and improve planning. Looking at the Skewness Job per Job visualization, there was spike on November 1, 2023. QuickSight makes it straightforward for business users to visualize data in interactive dashboards and reports. Choose SHARE.

Metrics 105

Metrics Visualization Dashboards Interactive 105

CIO Business Intelligence

JUNE 13, 2022

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 Engaged customers tend to buy additional products or services and become even more loyal customers.

Data Processing 102

Data Processing Deep Learning Insurance Cost-Benefit 102

IBM Big Data Hub

NOVEMBER 29, 2023

In 2023, the IBM® Institute for Business Value (IBV) surveyed 2,500 global executives and found that best-in-class companies are reaping a 13% ROI from their AI projects—more than twice the average ROI of 5.9%.

Unstructured Data 85

Unstructured Data Data-driven ROI Machine Learning 85

IBM Big Data Hub

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. Here are six ways organizations can improve their cloud cost management, increase cloud cost optimization and drive as much value from their cloud budgets as possible.

Cost-Benefit 64

Cost-Benefit Data Processing Optimization Software 64

CIO Business Intelligence

JUNE 7, 2022

In business, when a trend is forecast to grow by more than 3000% and generate cost savings of $7.3 Those numbers represent the projected growth of chatbot interactions among banking customers between 2019 to 2023 and the cost savings from 862 hours less of work by support personnel, according to research by Juniper Research.

Unstructured Data 97

Unstructured Data Deep Learning Insurance Interactive 97

IBM Big Data Hub

MARCH 8, 2024

Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. Digital optimization and automation tools have made it cheaper and easier for businesses to use customer data or third-party data, creating intelligent ecommerce sites. This can force businesses to bring down prices to compete.

Consulting 81

Consulting Marketing Sales Data Processing 81

IBM Big Data Hub

MARCH 18, 2024

In 2023, domestic renewable energy production in Europe rose to account for a record 44% of the EU’s electricity mix while imports from Russia declined, helping build a more stable, resilient power grid. But for all of the advantages of renewable energy, its development and use has disadvantages, too. Let’s take a look at both.

Cost-Benefit 17

Cost-Benefit Forecasting Manufacturing Optimization 17