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 94

Sales Software Forecasting Statistics 94

IBM Big Data Hub

FEBRUARY 14, 2024

According to the International Energy Agency (IEA), in 2023 alone, renewable energy increased its global capacity by 50%, with solar PV making up three-quarters of that capacity. 5 As more clean energy is integrated into power grids, forecasting renewable energy production becomes crucial to managing a stable, resilient electric supply.

Forecasting 52

Forecasting Technology Risk Machine Learning 52

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. Automation Automation can streamline supply chain operations, from order fulfillment to inventory tracking.

Strategy 84

Strategy Management Forecasting Cost-Benefit 84

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. IDC is forecasting a 5.1%

IT 145

IT Insurance Machine Learning Marketing 145

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% Many CIOs will face a challenging year grappling with growing pressure from transformation initiatives, weekly layoff announcements, and the prospect of a recession.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

IBM Big Data Hub

FEBRUARY 14, 2024

According to the International Energy Agency (IEA), in 2023 alone, renewable energy increased its global capacity by 50%, with solar PV making up three-quarters of that capacity. 5 As more clean energy is integrated into power grids, forecasting renewable energy production becomes crucial to managing a stable, resilient electric supply.

Forecasting 40

Forecasting Technology Risk Machine Learning 40

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 103

Consulting Experimentation Machine Learning Modeling 103

CIO Business Intelligence

MAY 8, 2024

Machine decisions In August 2023, the Expion IT team, with support from executive leadership, launched an internal project to automate the complex underwriting process for prescription cost management. ExpionIQ Advisor has cut the time to calculate the numbers needed for an RFP to a few hours, instead of days, Kumar says.

IT 100

IT Cost-Benefit Insurance Unstructured Data 100

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 88

IoT Internet of Things Forecasting Digital Transformation 88

CIO Business Intelligence

MAY 1, 2024

Gen AI takes us from single-use models of machine learning (ML) to AI tools that promise to be a platform with uses in many areas, but you still need to validate they’re appropriate for the problems you want solved, and that your users know how to use gen AI effectively.

Cost-Benefit 142

Cost-Benefit Metrics Insurance Measurement 142

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

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

OCTOBER 16, 2023

In fact, well before OpenAI opened the floodgates with ChatGPT almost a year ago, Gartner forecasted the worldwide AI software market would top $135 billion by 2025. Learn how Dell Generative AI Solutions help you bring AI to your data. 2023 Artificial Intelligence Doesn’t that prospect alone warrant serious consideration?

IT 143

IT Risk Software Forecasting 143

IBM Big Data Hub

DECEMBER 5, 2023

According to IBM’s latest CEO study , industry leaders are increasingly focusing on AI technologies to drive revenue growth, with 42% of retail CEOs surveyed banking on AI technologies like generative AI, deep learning, and machine learning to deliver results over the next three years. trillion in that year.

Unstructured Data 92

Unstructured Data Cost-Benefit Experimentation Machine Learning 92

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 97

Manufacturing Forecasting Software Marketing 97

CIO Business Intelligence

JUNE 30, 2022

But for the past several years, Kohl’s has made a big push to the cloud as part of a “technology modernization” that Gaffney says makes the most of machine learning, personalization, enhanced demographic data sets, and “hyper-localization” insights to deliver the most relevant merchandise to local stores. The power of third-party data.

Data Science 105

Data Science Machine Learning Consulting Recreation/Entertainment 105

IBM Big Data Hub

APRIL 21, 2023

Apply to the 3rd cohort of the IBM Sustainability Accelerator by May 31, 2023 IBM and Texas A&M AgriLife are working together to help farmers receive insights for water usage, which can further crop yield increases while decreasing economic and environmental costs. Nonprofit and governmental organizations are encouraged to apply.

Technology 86

Technology Testing Forecasting Machine Learning 86

AWS Big Data

SEPTEMBER 7, 2023

In 2023, we are happy to report that the Amazon EMR team has been hard at work. Amazon EMR is the cloud big data solution for petabyte-scale data processing, interactive analytics, and machine learning (ML) using open-source frameworks such as Apache Spark , Apache Hive , and Presto.

Management 93

Management Big Data Optimization Machine Learning 93

CIO Business Intelligence

AUGUST 28, 2023

The Internet of Things (IoT) – sensors and other technologies attached to objects – advanced analytics, and machine learning (ML) would all be applied to capture data. But the new age cloud solution would be different from everything that came before.

Digital Transformation 111

Digital Transformation Internet of Things Dashboards IoT 111

datapine

NOVEMBER 27, 2019

Often seen as the highest foe-friend of the human race in movies ( Skynet in Terminator, The Machines of Matrix or the Master Control Program of Tron), AI is not yet on the verge to destroy us, in spite the legit warnings of some reputed scientists and tech-entrepreneurs.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

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. And rightly so.

IT 136

IT Key Performance Indicator Software Metadata 136

Jedox

DECEMBER 28, 2021

Historically, financial planning & analysis has centered around tasks such as planning, budgeting, forecasting, and performance management. According to Global DataSphere from the International Data Corporation (IDC), the amount of data created by 2023 will be more than the data created over the last 30 years.

Digital Transformation 97

Digital Transformation Finance Machine Learning Forecasting 97

IBM Big Data Hub

OCTOBER 30, 2023

Real-time data analytics helps in quick decision-making, while advanced forecasting algorithms predict product demand across diverse locations. Join us at AWS re:Invent 2023 from November 27 to December 1 in Las Vegas, Nevada. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency.

Insurance 81

Insurance Data Warehouse Data-driven Unstructured Data 81

IBM Big Data Hub

SEPTEMBER 19, 2023

Generative artificial intelligence (AI) burst into the mainstream in 2023, lighting a fire under businesses to integrate enterprise-grade versions into their processes. to train, validate, tune and deploy AI and machine learning capabilities to help optimize network performance. CSPs can take advantage of watsonx.ai

Cost-Benefit 113

Cost-Benefit Optimization Interactive Enterprise 113

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 87

Unstructured Data Data-driven ROI Machine Learning 87

IBM Big Data Hub

JULY 25, 2023

Independent research firm Verdantix recently identified IBM as a leader in their report, “ Green Quadrant: ESG Reporting and Data Management Software ” (July 17, 2023), which evaluated and provided a detailed assessment of solution providers and their product offerings.

Software 59

Software Reporting Management Data Quality 59

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. Software sales grew 9.8% Software sales grew 9.8% It expects that growth rate to dip to 8.5% through 2027.

Sales 52

Sales Enterprise Cost-Benefit Software 52

Jen Stirrup

FEBRUARY 24, 2024

In marketing, for example, analyzing customer data and detecting patterns allows firms to forecast demand, prevent churn, personalize pricing, and make other data-driven decisions. According to Forbes, AI-driven automation puts lower-skilled jobs most at risk, but even higher-skilled positions could be impacted long-term (Forbes, 2023).

Cost-Benefit 71

Cost-Benefit Data-driven Testing Risk 71

IBM Big Data Hub

MAY 9, 2023

The solution is currently in a closed beta phase and is expected to be generally available in July 2023. Learn more about watsonx.data Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice and represent goals and objectives only. [1] What is watsonx.data?

Data Warehouse 76

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 76

datapine

DECEMBER 11, 2019

Even if figures diverge somewhat, the many forecasts conducted on SaaS industry trends 2020 demonstrate an obvious reality: the SaaS market is going to get bigger and bigger. SaaS Industry is forecasted to reach $55 billion by 2026. A Betterbuys report reveals that the specific expenditure in the U.S. How will AI improve SaaS in 2020?

Software 314

Software Cost-Benefit Data Processing Data-driven 314

IBM Big Data Hub

MAY 6, 2024

Enter the age of data-driven protocol assessment: using benchmarking tools and predictive modeling to gauge protocol intricacies and forecast eligible patient numbers, which then inform protocol adjustments. Ensuring early assumptions resonate with real-world execution is paramount.

Advertising 84

Advertising Data-driven Optimization Strategy 84

CIO Business Intelligence

JUNE 21, 2023

Recipe for Growth, for which Sysco has earned a 2023 CIO 100 Award for innovation and IT leadership, is based on applying B2C principles to Sysco’s B2B business, and calls for the company to grow 1.5 Machine learning was about comparing a lot of inputs. The next logical step is AI,” Peck says.

IT 73

IT B2B Digital Transformation Sales 73

Cloudera

OCTOBER 30, 2023

The public cloud is increasingly becoming the preferred platform to host data analytics – related projects, such as business intelligence, machine learning (ML), and AI applications. 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.

Analytics 77

Analytics Cost-Benefit ROI Business Objectives 77

CIO Business Intelligence

APRIL 15, 2024

We’re not just doing digitization and AI and machine learning in a piecemeal way,” she adds. “We Thirty-one percent of this year’s respondents are spending time driving business innovation compared to 24% in 2023, and developing and refining business strategy is also a major priority, 24% compared to 21% last year.

Digital Transformation 127

Digital Transformation Strategy Technology Enterprise 127

IBM Big Data Hub

NOVEMBER 10, 2023

It uses machine learning to analyze application performance and demand and then make real-time recommendations. Turbonomic’s “scaling but not overprovisioning” is done in two ways: Use machine learning through its AI insights to predict future demand for cloud resources.

Optimization 71

Optimization Machine Learning Interactive Management 71

AWS Big Data

NOVEMBER 15, 2023

It seamlessly consolidates data from various data sources within AWS, including AWS Cost Explorer (and forecasting with Cost Explorer ), AWS Trusted Advisor , and AWS Compute Optimizer. Once released, consumers use datasets from different providers for analysis, machine learning (ML) workloads, and visualization.

Dashboards 97

Dashboards Analytics Metadata Data Warehouse 97

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 92

Unstructured Data Deep Learning Insurance Interactive 92