Remove 2023 Remove Forecasting Remove Modeling Remove Uncertainty
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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

In 2023, big data Is no longer a luxury. As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Therefore, it is a good idea to have predictive analytics models that account for these variables.

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The top 7 FP&A trends for 2023

Jedox

In times of uncertainty and change, technology can drive our ability to adapt quickly. Geopolitical tensions could cause rapid change across the economy, requiring organizations to change strategies quickly, re-forecast often, and use multiple scenario planning with all information available. Technology is a talent magnet.

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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

Climate models provide answers Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. Global climate models have given climate scientists a set of expectations as to what the future could hold, both for the Earth at large and for specific regions.

Modeling 120
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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Cognizant Technology Solutions announced a full-year revenue forecast below expectations.

IT 89
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How the cloud and AI will help more companies become future proof

CIO Business Intelligence

In a world where macroeconomic uncertainty has become the new normal, being future-proof is no longer a ‘nice to have’. Those who are willing to make it central to their transformation journeys will open themselves up to new models and revenue streams that will become proof of their future promise. It’s easy to see why.

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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 137
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6 ecommerce trends to watch

IBM Big Data Hub

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.