Remove 2023 Remove Forecasting Remove Optimization Remove Uncertainty
article thumbnail

Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023. Trendforce forecasts that starting in 2024, the demand for AI development and software services will significantly increase, alongside the growth of edge computing AI servers using mid-range GPUs and FPGAs.

article thumbnail

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 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Why Finance Teams are Struggling with Efficiency in 2023

Jet Global

What are the top strengths, challenges, and areas of improvement for finance decision-makers in 2023? External Market Challenges are Hampering Finance Teams In 2023, the impact of external factors is clear as the optimism from the previous year has been replaced by pragmatism and realism. The Result?

Finance 52
article thumbnail

The only CIO resolution that matters

CIO Business Intelligence

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. As a first step toward reducing uncertainty and surprise in 2024, I suggest CIOs take baby steps to operationalize learning by leaning into this briefing structure.

article thumbnail

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’. They all want to be future proof, where their operations become more flexible and resilient so they can bounce back faster to unforeseen challenges. It’s easy to see why. It’s a must have.

article thumbnail

Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

According to the Geophysical Fluid Dynamics Laboratory of the US’s National Oceanic and Atmospheric Association (NOAA), “Climate models reduce the uncertainty of climate change impacts, which aids in adaptation.” According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48

Modeling 124
article thumbnail

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 141