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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

billion from the sale of its big data and security activities to aircraft manufacturer Airbus fell through in March. 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.

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The impact of AI on edge computing

CIO Business Intelligence

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 with a compound annual growth rate (CAGR) of 86.1%

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Accenture buys Navisite in its 4th acquisition of 2024

CIO Business Intelligence

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

IT 104
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How Nvidia became a trillion-dollar company

CIO Business Intelligence

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.

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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

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
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10 Best Big Data Analytics Tools You Need To Know in 2023

FineReport

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. The most distinct is its reporting capabilities. Top 10 Big Data Tools 1.

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Expectations vs. reality: A real-world check on generative AI

CIO Business Intelligence

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.