Remove 2023 Remove Forecasting Remove Reporting Remove Technology
article thumbnail

AES enlists AI to boost its sustainable energy business

CIO Business Intelligence

-based company, which claims to be the top-ranked supplier of renewable energy sales to corporations, turned to machine learning to help forecast renewable asset output, while establishing an automation framework for streamlining the company’s operations in servicing the renewable energy market. million in its first year, contributed a $5.5

IT 122
article thumbnail

Why Finance Teams are Struggling with Efficiency in 2023

Jet Global

The results are in–for the third year in a row, insightsoftware has partnered with Hanover Research to deliver our yearly Finance Team Trends Report. What are the top strengths, challenges, and areas of improvement for finance decision-makers in 2023? And manual processes increase the likelihood of reporting mistakes.

Finance 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

The impact of AI on edge computing

CIO Business Intelligence

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. 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

article thumbnail

Atos deal to sell its legacy service business falls through

CIO Business Intelligence

The legacy Tech Foundations business manages hybrid cloud and infrastructure, digital workplace, digital business platforms, technology advisory and customized services. Saleh announced preliminary financial results for 2023 during the conference call. Group revenue for 2023 totaled €10.7 billion (about $11.6 billion), up 0.4%

IT 112
article thumbnail

Atos CEO Yves Bernaert quits over governance differences

CIO Business Intelligence

Atos CEO Yves Bernaert has quit; The board immediately replaced him with Paul Saleh, CFO of the company since August 2023. Former Accenture executive Bernaert took over in October 2023, replacing caretaker CEO Nourdine Bihmane, who then returned to his post as leader of Tech Foundations, the business Atos still hopes to sell.

article thumbnail

The new CIO mandate: Selling AI to employees

CIO Business Intelligence

Employees fearing job loss should take comfort in the 2024 Stanford AI Index Report , which found that while AI is gaining in capability, it can’t match humans in many complex cognitive functions, notes Daniel Barchi, CIO of CommonSpirit Health, a healthcare provider. They need to have a culture of experimentation.”

article thumbnail

Accenture buys Navisite in its 4th acquisition of 2024

CIO Business Intelligence

Navisite, which has over 400 cloud engineers who hold more than 2,000 relevant certifications, claims to have deep experience across multiple cloud providers, enterprise applications, and digital technologies. The company has served clients in sectors such as technology, business services, healthcare, life sciences and manufacturing.

IT 107