IBM Big Data Hub

FEBRUARY 20, 2024

According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 Around the world, AI-powered climate models and other technologies can help scientists, government officials and utilities providers forecast water access conditions and improve water resource management. IPCC, 2023.

Modeling 124

Modeling Forecasting Reporting Risk 124

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. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. This should secure our business strategy for the next five years and longer.” IDC is forecasting a 5.1%

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

CIO Business Intelligence

MAY 8, 2024

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. ExpionIQ Advisor has cut the time to calculate the numbers needed for an RFP to a few hours, instead of days, Kumar says.

IT 111

IT Cost-Benefit Insurance Unstructured Data 111

IBM Big Data Hub

DECEMBER 5, 2023

Retailers recognize the need to build their strategies around AI, integrating it into many aspects of their operations. A recent forecast by the research analyst firm IHL Group predicts that generative AI will have a total financial impact of USD 9.2 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? Here is the link to Qlik’s BI Bake-Off video.

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

IBM Big Data Hub

JANUARY 9, 2024

Empowering your hybrid cloud strategy A pivotal aspect of modern IT environments blends the cost-efficiency, scalability, privacy and dependability advantages of both private and public clouds. This approach optimizes infrastructure for specific workloads, introduces new technologies seamlessly and ensures agility and scalability.

Digital Transformation 75

Digital Transformation Business Driver Optimization Strategy 75

IBM Big Data Hub

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization.

Cost-Benefit 64

Cost-Benefit Finance Optimization Key Performance Indicator 64

CIO Business Intelligence

DECEMBER 26, 2023

Perhaps in an age when our forebears huddled around campfires waiting for warmer weather annual reviews were the optimal way to accumulate knowledge and empower human agency. Establishing such a vision will also strongly inform your briefing strategy. Business IT Alignment, IT Leadership, IT Strategy Today, not so much.

Uncertainty 111

Uncertainty Technology Forecasting Strategy 111

IBM Big Data Hub

MAY 6, 2024

In this chapter of the IBM series on clinical trial innovation, we spotlight key strategies for boosting recruitment speed, helping to ensure diversity, and harnessing digital advancements. It’s crucial to evaluate the feasibility of trials and refine protocols using evidence-based strategies.

Advertising 57

Advertising Data-driven Optimization Strategy 57

IBM Big Data Hub

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 88

Cost-Benefit Scorecard Risk Recreation/Entertainment 88

CIO Business Intelligence

JUNE 15, 2022

An overwhelming 94% of organizations worldwide are embracing a next-generation ERP strategy that involves migrating to cloud platforms and adopting high-end analytics such as artificial intelligence to overcome the limitations of legacy applications and modernize their businesses, according to a survey of 1,675 IT executives by Boomi. .

Key Performance Indicator 144

Key Performance Indicator Consulting KPI Sales 144

CIO Business Intelligence

JUNE 22, 2023

Here are the 10 industries with the highest tech salaries, and how much they’ve increased in value since 2021, according to the 2023 Dice Tech Salary Report. Consulting firms are increasingly turning to tech talent to help build in-house platforms, according to the report from Dice. Average salary: US$121,052 Increase since 2021: +14.4%

IT 122

IT Insurance Recreation/Entertainment Consulting 122

Cloudera

OCTOBER 30, 2023

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. It is not strange to hear and know about companies adopting a cloud-first strategy in the short term. Optimize Reduce cloud spending and increase cloud efficiency. Why FinOps?

Analytics 77

Analytics Cost-Benefit ROI Business Objectives 77

CIO Business Intelligence

JUNE 13, 2022

Juniper Research predicts that chatbots will account for 79% of successful mobile banking interactions in 2023. Juniper Research forecasts that in 2023 the global operational cost savings from chatbots in banking will reach $7.3 Ready to evolve your analytics strategy or improve your data quality?

Data Processing 105

Data Processing Deep Learning Insurance Cost-Benefit 105

CIO Business Intelligence

JANUARY 18, 2024

Global spending on technology is predicted to be up by virtually all forecasts. Technical vision: Planning, deploying, measuring, optimizing, and scaling for current and future state capacities is essential in today’s disruptive IT landscape. By all accounts, 2024 will be a good year on the CIO hiring front. Licciardello concurs.

IT 126

IT Data-driven Marketing Technology 126

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

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

Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. In the constantly shifting, rapidly expanding ecommerce ecosystem, businesses must think creatively about their digital strategies and how best to create dynamic, interactive shopping experiences that improve customer relationships.

Consulting 89

Consulting Marketing Sales Data Processing 89

IBM Big Data Hub

AUGUST 16, 2023

Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. A comprehensive, intelligent cloud strategy done correctly often costs less than on-premises data centers and can unlock significant value for both incumbent organizations and startups alike. These tools can also forecast future usage and costs.

Cost-Benefit 70

Cost-Benefit Data Processing Optimization Software 70

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

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 103

Strategy Cost-Benefit Risk Optimization 103

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 70

Cost-Benefit Data-driven Testing Risk 70

CIO Business Intelligence

NOVEMBER 13, 2023

Other forms of personalization, such as AI-driven recommendations, can more than quintuple conversion rates 4 and dynamic pricing strategies can increase sales by 2–5%. 2] LS Retail, 5 smart ways to encourage impulse buys in your store , July 2023. [3] 3] Market Tailor, Personalized marketing for the retail industry , May 2023. [4]

Cost-Benefit 131

Cost-Benefit Sales Data-driven Statistics 131

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 120

Cost-Benefit Optimization Interactive Enterprise 120

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Late in 2023, we suspect that relatively few companies have a policy. In March 2023, Google announced a public beta program for the Bard API.

Enterprise 271

Enterprise Modeling Testing Reporting 271

IBM Big Data Hub

MARCH 12, 2024

US utilities grapple with cold, catastrophic events In 2023, the US experienced 28 separate weather and climate disasters , ranging from severe thunderstorms to wildfires, that caused around USD 92 billion in damages. Notably, during Winter Storm Elliott, the total load forecast was underestimated by 23,047 MW.

Risk 65

Risk Forecasting Data-driven IoT 65

CIO Business Intelligence

AUGUST 28, 2023

The company had little choice but to adopt a digital strategy to realize its sustainability aspirations in the most cost-effective and time-efficient manner. For its role harnessing the power of technology to drive sustainability, Petrosea took first place in the “Services Supernova” category for mining at the 2023 SAP Innovation Awards.

Digital Transformation 119

Digital Transformation Internet of Things Dashboards IoT 119

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.

Management 84

Management IT Forecasting Software 84

CIO Business Intelligence

APRIL 1, 2022

Better decision-making isn’t always about deciding whether A or B is the optimal choice. These organizations run massive AI-driven simulations to forecast market conditions and make money when the market moves in a particular direction. Ready to evolve your analytics strategy or improve your data quality? Automation through AI.

Data-driven 98

Data-driven Deep Learning Risk Optimization 98

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. Through workload optimization an organization can reduce data warehouse costs by up to 50 percent by augmenting with this solution. [1] What is watsonx.data? Savings may vary depending on configurations, workloads and vendors. [2]

Data Warehouse 81

Data Warehouse Cost-Benefit Recreation/Entertainment Unstructured Data 81

datapine

DECEMBER 11, 2019

Today, most companies are in the process of implementing various business intelligence strategies, turning to SaaS BI tools to assist them in their efforts. 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.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

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 111

Enterprise Cost-Benefit Data Processing Software 111

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. What is private cloud ?

Data Processing 104

Data Processing Cost-Benefit Software Digital Transformation 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