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. As per a recent study, approximately 35% of organizations need help to optimize their increased costs in cloud management and security. Hence, they are focused on the need to optimize operational spending across two domains.

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 Leadership

Forecasting 111

Forecasting Uncertainty Modeling Optimization 111

CIO Business Intelligence

FEBRUARY 8, 2024

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. This includes a significant reevaluation of large ticket items, influenced by developments in 2023 around generative AI, according to Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research.

IT 98

IT Uncertainty Consulting Forecasting 98

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

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. As solar PV systems are added, the calculation methods automatically adapt.

Machine Learning 105

Machine Learning Forecasting Measurement Data Warehouse 105

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. The impact of these investments will become evident in the coming years.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

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? Based on these estimators, SAS created an easy to use what-if dashboard.

Optimization 52

Optimization Machine Learning Insurance Risk 52

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

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. It depends on what business model you’re in.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

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

MAY 6, 2024

Optimize protocols using historical and synthetic data Complex and stringent protocols are notorious for delaying clinical trials and eroding patient engagement. The latest developments in large language models (LLMs) have the potential to significantly expedite protocol design processes.

Advertising 71

Advertising Data-driven Optimization Strategy 71

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. This is what the “fit-for-purpose” model of XaaS is out to achieve.

Digital Transformation 72

Digital Transformation Business Driver Optimization Strategy 72

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%. Stream analytics can be used to help improve the speed and accuracy of models’ predictions.

Unstructured Data 91

Unstructured Data Data-driven ROI Machine Learning 91

Cloudera

OCTOBER 30, 2023

Innovation and digital transformation can be accelerated in the cloud, taking advantage of the pay-as-you-go model, with no upfront payment and faster time to market. 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. Why FinOps?

Analytics 75

Analytics Cost-Benefit ROI Business Objectives 75

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 98

Unstructured Data Deep Learning Insurance Interactive 98

IBM Big Data Hub

MARCH 8, 2024

The ecosystem has become more complex as business models advance and new ecommerce trends appear. Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. In the United States, the market is still emerging, bringing in a forecasted USD 32 billion as of 2023.

Consulting 86

Consulting Marketing Sales Data Processing 86

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

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. And everyone has opinions about how these language models and art generation programs are going to change the nature of work, usher in the singularity, or perhaps even doom the human race. 16% of respondents working with AI are using open source models.

Enterprise 271

Enterprise Modeling Testing Reporting 271

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 143

Cost-Benefit Metrics Insurance Measurement 143

FineReport

MAY 31, 2023

Contemporary dashboards surpass basic visualization and reporting by utilizing financial analytics to amalgamate diverse financial and accounting data, empowering analysts to delve further into the data and uncover valuable insights that can optimize cost-efficiency and enhance profitability.

Dashboards 52

Dashboards Key Performance Indicator Metrics Visualization 52

Jen Stirrup

FEBRUARY 24, 2024

Problem-Solving Artificial Intelligence systems can leverage search and optimization algorithms to solve complex problems across many domains, from gaming strategies to logistics. Increased productivity By using Artificial Intelligence for data analysis and optimizing workflows, small teams can do more in less time.

Cost-Benefit 72

Cost-Benefit Data-driven Testing Risk 72

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% CIOs should consider technologies that promote their hybrid working models to replace in-person meetings. Release an updated data viz, then automate a regression test.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

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. The annual ceremony singles out organizations using SAP technologies to transform industries as well as society.

Forecasting 109

Forecasting Digital Transformation Software Finance 109

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. SaaS Industry is forecasted to reach $55 billion by 2026. Instead, they have the option of utilizing various pricing structures.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

AWS Big Data

NOVEMBER 15, 2023

BMW Group uses 4,500 AWS Cloud accounts across the entire organization but is faced with the challenge of reducing unnecessary costs, optimizing spend, and having a central place to monitor costs. The ultimate goal is to raise awareness of cloud efficiency and optimize cloud utilization in a cost-effective and sustainable manner.

Dashboards 97

Dashboards Analytics Metadata Data Warehouse 97

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. With watsonx, IBM will launch a centralized AI development studio that gives businesses access to proprietary IBM and open-source foundation models, watsonx.data to gather and clean their data, and a toolkit for governance of AI.

Data Warehouse 77

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 77

IBM Big Data Hub

AUGUST 11, 2023

trillion in 2023, an increase of 5.5% Accurately forecast their spend: CIOs can no longer survive letting their initiatives blow by budgets. They expect IT budget forecasts to contain actual costs with realistic delivery timelines and a good understanding of how the completed project will impact the business. trillion to $4.4

Management 80

Management IT Forecasting Software 80

IBM Big Data Hub

MARCH 28, 2024

According to a report from Future Market Insights (link resides outside ibm.com), the global private cloud services market is forecast to grow to USD 405.30 billion in 2023. A multicloud setting helps clients avoid vendor lock-in and allows them to run the most optimal computing environment for each workload.

Enterprise 107

Enterprise Cost-Benefit Data Processing Software 107

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2023. to total $678.8 billion in 2024, up from $563.6 What is multicloud architecture?

Strategy 99

Strategy Cost-Benefit Risk Optimization 99

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 A private cloud can optimize performance by isolating workloads on dedicated servers.

Data Processing 100

Data Processing Cost-Benefit Software Digital Transformation 100

IBM Big Data Hub

MARCH 4, 2024

According to a recent report by Ericsson (link resides outside ibm.com), 45% of networks worldwide were 5G compatible by the end of 2023, with that number forecasted to rise to 85% by the end of the decade. It’s dizzying to think of all the potential applications of 5G in the factory setting.

IoT 103

IoT Internet of Things Technology Enterprise 103

Sisense

AUGUST 21, 2020

Gartner: “Within the current pandemic context, AI techniques such as machine learning (ML), optimization and natural language processing (NLP) are providing vital insights and predictions about the spread of the virus and the effectiveness and impact of countermeasures. Let’s dive into these trends and see what else is on the horizon.

Analytics 112

Analytics Machine Learning Dashboards Visualization 112

Timo Elliott

FEBRUARY 1, 2022

Everybody I talk to is trying to develop new business models, unlock new growth, and innovate in order to stay ahead of the competition. With this solution they can also better manage their inventory and continually trim waste, moving towards a zero waste model. And, we have set a stake in the ground to become net zero by 2023.

Enterprise 104

Enterprise Measurement B2B Forecasting 104

datapine

NOVEMBER 11, 2021

billion , paired with the fact that 33% of large-sized businesses will practice decision intelligence by 2023. By optimizing every single department and area of your business with powerful insights extracted from your own data you will ensure your business succeeds in the long run. 17 Top Features Of Business Intelligence Tools.

Business Intelligence 213

Business Intelligence Dashboards Interactive Visualization 213

FineReport

MAY 15, 2023

Sales representatives, managers, and VPs have a lot of tasks to navigate while increasing revenue and profits, making it crucial to swiftly and accurately forecast and compare data. Use them as templates, sources of inspiration, and initial models to adapt to your specific business requirements.

Dashboards 52

Dashboards Sales Metrics KPI 52

IBM Big Data Hub

JANUARY 9, 2024

For example, a global retail chain might adopt region-specific AI models that are trained on data, such as customer preferences and cultural nuances. Open source AI models In 2024, open source pretrained AI models gain significant traction, empowering businesses to accelerate growth by combining these models with private or real-time data.

Data-driven 108

Data-driven Risk Modeling Marketing 108

CIO Business Intelligence

APRIL 15, 2024

Even as their business-centric mandate takes shape, CIOs remain caught in the delicate balancing act of juggling the demands of innovation with the need for operational excellence — a challenge cited by three quarters of respondents and consistent with the 2023 State of the CIO results.

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130