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 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

FEBRUARY 24, 2023

As this technology becomes pervasive across the globe, PwC has forecast that the global economic impact of 5G will exceed $1.3 As organizations move to the next generation of connectivity, they will also need to confront potential new security risks. Security needs to keep up. trillion by 2030.1

Risk 112

Risk Digital Transformation IoT Enterprise 112

CIO Business Intelligence

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. CIOs and CTOs must also set the rules of the road for using AI and navigate or mitigate potential risk and ethics issues, he says.

Experimentation 133

Experimentation Forecasting Risk Consulting 133

IBM Big Data Hub

MARCH 25, 2024

The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. As a result, their market would shrink.

Insurance 91

Insurance Forecasting Risk Risk Management 91

CIO Business Intelligence

SEPTEMBER 26, 2023

But even as we remember 2023 as the year when generative AI went ballistic, AI and its ML (machine learning) sidekick have been quietly evolving over several years to yield eye-opening insights and problem-solving productivity for IT organizations.

IT 136

IT Key Performance Indicator Software Metadata 136

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. In fact, a few of the most common challenges include: Risk. 8 Complexity.

Cost-Benefit 133

Cost-Benefit Risk Digital Transformation Reporting 133

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? The Result?

Finance 52

Finance Uncertainty Reporting Marketing 52

Jet Global

JUNE 22, 2023

Some of our most popular CFO backed posts: Best CFO KPIs and Dashboards for the 2023 CFO The Remote CFO’s Guide to Closing the Books from Home Crisis Planning for the Short and Long Term: Advice from Leading CFOs Generation CFO Link: [link] Generation CFO is not interested in the traditional operational structure of corporations.

KPI 105

KPI Finance Dashboards Digital Transformation 105

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. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.

Strategy 85

Strategy Management Forecasting Cost-Benefit 85

CIO Business Intelligence

JANUARY 18, 2024

Global spending on technology is predicted to be up by virtually all forecasts. By all accounts, 2024 will be a good year on the CIO hiring front. Most midsize and large organizations are spending significantly on cloud capabilities. Cybersecurity has been pegged as a top priority for funding in many industries.

IT 126

IT Data-driven Marketing Technology 126

Andrew White

JANUARY 2, 2023

What are your economic assumptions for 2023? So let’s just say I was right with my forecast, but my timing was a little off. Recession in 2023? My latest estimates align with others who suggest: USA recognizes a recession (effectively a double-dip) by Q2 2023. What is Ahead of Us in 2023? A Look Back at 2022.

Risk 52

Risk Marketing Data-driven Forecasting 52

Smart Data Collective

MARCH 2, 2023

In 2023, big data Is no longer a luxury. Predictive analytics technology can help companies forecast demand One of the biggest challenges businesses face in any economy is predicting demand for their products or services. Big data technology used to be a luxury for small business owners. This is true in any economy.

Big Data 81

Big Data Uncertainty Risk Data mining 81

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 degrees Celsius (2.66 degrees Fahrenheit) warmer than 19th century pre-industrial levels.

Modeling 118

Modeling Forecasting Reporting Risk 118

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 89

IoT Internet of Things Forecasting Digital Transformation 89

CIO Business Intelligence

FEBRUARY 22, 2024

A report by the Bank for International Settlements singled out the growth of cloud-based services and remote working as two of the primary drivers behind the heightened risk. In 2023, the average cost of a data breach in the financial services sector was $5.9 billion in 2023 and forecast to reach $ 285.4

Risk 96

Risk Forecasting Software Reporting 96

Jet Global

JULY 28, 2023

Understanding evolving market conditions and consumer behaviors in EMEA remains crucial for capitalizing on emerging opportunities and mitigating risks in this dynamic and competitive landscape. Here, we discuss how factors like market uncertainty and IT dependence impact finance teams throughout EMEA. EMEA mirrors the global results at 66%.

Finance 52

Finance Uncertainty Reporting Forecasting 52

CIO Business Intelligence

MAY 1, 2024

For every optimistic forecast, there’s a caveat against a rush to launch. For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. People want to see it be real this year,” says Bola Rotibi, chief of enterprise research at CCS Insight.

Cost-Benefit 142

Cost-Benefit Metrics Insurance Measurement 142

CIO Business Intelligence

APRIL 24, 2023

Gartner expects demand for tech talent to continue to outstrip supply through 2026 based on its IT spending forecasts. In the 2023 State of the CIO report , IT leaders said they were most concerned about finding qualified experts in advanced areas such as cybersecurity, blockchain, and data science and analytics.

IT 109

IT Strategy Software Insurance 109

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Then, often reporting to risk, compliance, or security organizations, are separate data governance teams focused on data security, privacy, and quality.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

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 138

Risk Manufacturing Enterprise Technology 138

CIO Business Intelligence

DECEMBER 7, 2022

Gartner predicts 2023 IT spending will grow 5.1% We haven’t changed our forecast in three quarters,” he says, noting that the US gross domestic product (GDP) is, technically, already in recession territory and has been for the past six months. compared to this year, says John-David Lovelock, distinguished VP analyst at the firm. “We

IT 132

IT Insurance Cost-Benefit Risk Management 132

Jet Global

DECEMBER 2, 2022

By investing in proper technologies and resources now, executives and CFOs can put plans in action to ensure financial success in 2023. A recent Gartner study found that nearly 80% of CFOs plan to maintain or increase their enterprise digital investments through 2023 regardless of inflation, and with good reason.

Finance 52

Finance Reporting Forecasting Software 52

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. Enterprises must tackle the issue of trust head-on. These require customer data.

Strategy 84

Strategy Enterprise Forecasting Risk 84

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 102

Machine Learning Forecasting Measurement Data Warehouse 102

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

Andrew White

JANUARY 12, 2021

Predicts 2021: Data and Analytics Leaders Are Poised for Success but Risk an Uncertain Future : By 2023, 50% of chief digital officers in enterprises without a chief data officer (CDO) will need to become the de facto CDO to succeed. By 2023, ERP data will be the basis for 30% of AI-generated predictive analyses and forecasts.

Analytics 144

Analytics Metadata Enterprise Data-driven 144

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. Foundry’s recently released AI Priorities Study 2023 found that 56% of IT decision-makers are eager to learn more about gen AI. IT leaders are also enthused about the technology. well of course they might think it is,” Aytay says.

Data Strategy 132

Data Strategy Strategy Sales Data Governance 132

CIO Business Intelligence

NOVEMBER 30, 2023

By integrating SAP with non-SAP systems, Savannah Energy’s planning, budgeting, forecasting, and re-forecasting proficiency tools would be unlike anything the organization ever had in the past. Given the realities on the ground, though, this objective is not as simple as it sounds. And that was just part of the operational challenge.

Forecasting 87

Forecasting Digital Transformation Software Finance 87

Jen Stirrup

FEBRUARY 24, 2024

In simple terms, Artificial Intelligence allows machines to emulate human cognitive functions like learning and problem-solving. Today, Artificial Intelligence is all around us – even in people’s pockets! It is even present on everyone’s smartphone. It also helps them to respond to dynamic road conditions.

Cost-Benefit 71

Cost-Benefit Data-driven Testing Risk 71

Jet Global

JUNE 23, 2023

Your KPIs should be a mix of: Leading and lagging metrics : Ensure that you have both predictive (leading) and corrective (lagging) measures to forecast and report performance, respectively. A government key performance indicator (KPI) is a quantifiable measure that the public sector uses to evaluate its performance.

Reporting 52

Reporting KPI Metrics Measurement 52

IBM Big Data Hub

MAY 25, 2023

In 2023 alone, IBM Consulting has interacted with more than 100 clients and completed dozens of engagements infusing generative AI alongside classical machine learning AI strategies. IDC 1 estimates the AI Services market will grow from approximately $36 billion USD in 2023 to approximately $65 billion USD in 2026.

Consulting 104

Consulting Experimentation Machine Learning Modeling 104

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. In 2023, leading organizations in the region shifted gears towards DX 2.0,

Cost-Benefit 96

Cost-Benefit Risk Strategy Manufacturing 96

Jet Global

JUNE 25, 2023

What is a Hospital KPI and Why is it Important? A hospital key performance indicator (KPI) is a quantifiable measure that monitors the quality of healthcare provided by the hospital and measures the overall success of the business. Like many other service providers, hospitals depend on their customers (patients) to run their business.

Reporting 52

Reporting KPI Key Performance Indicator Metrics 52

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

CIO Business Intelligence

OCTOBER 23, 2023

Indeed, 37% of ITDMs report some hesitancy when it comes to adopting AI, citing concerns about security risks, technical complexity and data governance , according to Dell’s survey. You’d trust an app structured to forecast sales or supply chain performance over an LLM. “If 2023 Artificial Intelligence

Sales 133

Sales Unstructured Data Interactive Marketing 133

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic.

Cost-Benefit 82

Cost-Benefit Scorecard Risk Recreation/Entertainment 82

CIO Business Intelligence

JULY 18, 2023

CIO.com’s 2023 State of the CIO survey recently zeroed in on the technology roles that IT leaders find the most difficult to fill, with cybersecurity, data science and analytics, and AI topping the list. As technology continues to advance at a rapid pace, the demand for qualified individuals has soared,” Chan says. million professionals.

IT 95

IT Data Science IoT Digital Transformation 95