IBM Big Data Hub

FEBRUARY 19, 2024

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

Jet Global

JUNE 22, 2023

Some of our most popular CFO backed posts: Best CFO KPIs and Dashboards for the 2023 CFO The Remote CFO’s Guide to Closing the Books from Home Crisis Planning for the Short and Long Term: Advice from Leading CFOs Generation CFO Link: [link] Generation CFO is not interested in the traditional operational structure of corporations.

KPI 105

KPI Finance Dashboards Digital Transformation 105

Andrew White

JANUARY 2, 2023

What are your economic assumptions for 2023? So let’s just say I was right with my forecast, but my timing was a little off. Recession in 2023? My latest estimates align with others who suggest: USA recognizes a recession (effectively a double-dip) by Q2 2023. What is Ahead of Us in 2023?

Risk 52

Risk Marketing Data-driven Forecasting 52

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 degrees Celsius (2.66 degrees Fahrenheit) warmer than 19th century pre-industrial levels.

Modeling 123

Modeling Forecasting Reporting Risk 123

Smart Data Collective

MARCH 2, 2023

In 2023, big data Is no longer a luxury. Predictive analytics technology can help companies forecast demand One of the biggest challenges businesses face in any economy is predicting demand for their products or services. Big data technology used to be a luxury for small business owners.

Big Data 81

Big Data Uncertainty Risk Data mining 81

CIO Business Intelligence

DECEMBER 7, 2023

A nation known for innovative efficiency was a failure in one key area It goes without saying that the faster and more effectively disasters can be forecasted, detected, and responded to, the better the chance of minimizing damage and saving lives. And the key to success is having data that can be analyzed for actionable insights.

IoT 108

IoT Internet of Things Forecasting Digital Transformation 108

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

JULY 28, 2023

Customers must have the trust and willingness to share data As enterprises continue to create new digital-first products and services, forecasting customer needs, preparing for potential issues, and building resilience is vital to sustaining trust. These require customer data.

Strategy 97

Strategy Enterprise Forecasting Risk 97

CIO Business Intelligence

SEPTEMBER 26, 2023

The combination of the smart meter data and weather forecast information would provide a calculated load profile in real-time, driving solar power production for the near future. With ML producing a total load profile in 15-minute intervals, forecasters could view solar production in eight-hour chunks.

Machine Learning 105

Machine Learning Forecasting Measurement Data Warehouse 105

FineReport

APRIL 26, 2023

Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting. With Big Data Analytics, businesses can make better and quicker decisions, model and forecast future events, and enhance their Business Intelligence.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

IBM Big Data Hub

MAY 25, 2023

In 2023 alone, IBM Consulting has interacted with more than 100 clients and completed dozens of engagements infusing generative AI alongside classical machine learning AI strategies. IDC 1 estimates the AI Services market will grow from approximately $36 billion USD in 2023 to approximately $65 billion USD in 2026.

Consulting 108

Consulting Experimentation Machine Learning Modeling 108

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. In 2023, leading organizations in the region shifted gears towards DX 2.0,

Cost-Benefit 110

Cost-Benefit Risk Strategy Manufacturing 110

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. IDC is forecasting a 5.1%

IT 145

IT Insurance Machine Learning Marketing 145

John Wheeler

JANUARY 30, 2020

2020 marks Gartner’s fifth year of integrated risk management (IRM) technology coverage and the market continues to grow at a rapid pace. As a result, IRM technology and services market forecast for 2020 is $7.3 billion by 2023 (see figure below). As a result, IRM technology and services market forecast for 2020 is $7.3

Marketing 80

Marketing Risk Management Digital Transformation Risk 80

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Sign up for a 30-day free trial here Risk management Supply chains are under tremendous stress, facing challenges from supply, demand, logistics and shifting industry landscapes.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

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

CIO Business Intelligence

MARCH 15, 2023

Gartner’s downward revision of projected worldwide IT spending in 2023 from 5.1% growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. Solicit input from trusted deputies and document the risks and implications of specific line items.

Uncertainty 98

Uncertainty Cost-Benefit Forecasting Insurance 98

IBM Big Data Hub

DECEMBER 5, 2023

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 third component is watsonx.governance, anticipated to be available in December, 2023, which is a powerful set of tools to specify and manage enterprise-wide governance processes and control risk.

Unstructured Data 94

Unstructured Data Cost-Benefit Experimentation Machine Learning 94

IBM Big Data Hub

OCTOBER 30, 2023

Real-time data analytics helps in quick decision-making, while advanced forecasting algorithms predict product demand across diverse locations. AI algorithms sift through large datasets to identify fraud risks and streamline claims processing, improving both efficiency and customer satisfaction.

Insurance 86

Insurance Data Warehouse Data-driven Unstructured Data 86

CIO Business Intelligence

APRIL 29, 2024

CIOs must redirect resources when technologies as revolutionary as generative AI come to market or risk falling behind or becoming obsolete — in which case, hitting other strategic goals won’t matter much. The State of the Tech Workforce 2024 report from nonprofit CompTIA , forecasts tech employment growth of 3.1% Last year saw a 1.2%

IT 128

IT Consulting Technology Strategy 128

CIO Business Intelligence

DECEMBER 19, 2023

Modern security challenges Data from the Verizon 2023 Data Breach Investigations Report (DBIR) shows the three primary ways in which attackers access an organization are stolen credentials, phishing and exploitation of vulnerabilities. What is fixed wireless access?

Cost-Benefit 98

Cost-Benefit Risk Technology Forecasting 98

CIO Business Intelligence

AUGUST 7, 2023

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. Software sales grew 9.8% Software sales grew 9.8% It expects that growth rate to dip to 8.5% through 2027.

Sales 52

Sales Enterprise Cost-Benefit Software 52

CIO Business Intelligence

JANUARY 18, 2024

Global spending on technology is predicted to be up by virtually all forecasts. In your entrepreneurial, niche market, startup companies will be going after that forward-thinking, innovative, born-in-the-cloud, data analytics– and AI-driven type business and technology risk-seeking expert.”

IT 126

IT Data-driven Marketing Technology 126

IBM Big Data Hub

MAY 6, 2024

Enter the age of data-driven protocol assessment: using benchmarking tools and predictive modeling to gauge protocol intricacies and forecast eligible patient numbers, which then inform protocol adjustments. Ensuring early assumptions resonate with real-world execution is paramount.

Advertising 57

Advertising Data-driven Optimization Strategy 57

bridgei2i

APRIL 30, 2019

The Markets and Markets’ Procurement Analytics market study provides a snapshot of key competition, past market trends with forecast over the next 5 years, anticipated growth rates, and the principal factors driving and impacting growth. billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.4% during the forecast period.

Marketing 40

Marketing Reporting Contextual Data Forecasting 40

Andrew White

MAY 19, 2023

Recently we updated our long range forecasting and estimating research views. Total population is declining and is aging ( UN, 2019 ; China 2023) Working-age population, that pays taxes, is declining ( PRB ). Populations created things, fed themselves, and built cities, nations, and everything.

Measurement 52

Measurement Forecasting Dashboards Marketing 52

Octopai

JUNE 21, 2021

Banking activities certainly have their risks, like credit risk (e.g. borrowers defaulting on loans) and operational risk (e.g. That distinction is the thrust of Fundamental Review of the Trading Book (FRTB) regulations, the last piece of Basel III, slated to go live on January 1st, 2023. Lending money. Borrowing money.

Risk 52

Risk Measurement Modeling Reporting 52

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

CIO Business Intelligence

MAY 24, 2023

That first and only refresh was on May 3, 2023. The biggest value comes when you can implement end-to-end use cases—combining manufacturing with sales forecast planning, for example.” The DGI publication includes components it thinks should be included in a data governance program.

Data Governance 118

Data Governance Data Quality Data Collection Management 118

CIO Business Intelligence

APRIL 28, 2022

“This allows field managers and commercial teams to work together to make decisions in a range of areas including irrigation, disease management, frost damage assessments, and harvesting forecasts,” Roth says. Bedi views sensors as simply part of the data center.

Measurement 98

Measurement Reporting Data-driven Manufacturing 98

Rita Sallam

APRIL 2, 2023

Qlik Key Findings: In the US alone, there’s $367 billion in agricultural commodities at risk to flooding in the US alone. A large part of under-developed Asian countries ranging from Bangladesh to Vietnam are at high risk of flooding events. million people at risk of catastrophic, flooding. In 2000, the Netherlands had 8.5

Optimization 52

Optimization Machine Learning Insurance Risk 52

IBM Big Data Hub

APRIL 25, 2024

For example, predictive analytics can be used to forecast demand and optimize inventory levels, while blockchain technology can enhance transparency and traceability in the supply chain. Frustrated customers were left stranded in call lines and Bouygues at risk of being replaced by its competitors. Last updated 10 November 2023.

Cost-Benefit 55

Cost-Benefit Finance Optimization Key Performance Indicator 55

CIO Business Intelligence

DECEMBER 21, 2023

According to Verizon’s 2023 Data Breach Investigation Report (DBIR), the transportation industry as a whole was breached 249 times with 349 incidents reported. This may sound too obvious or superfluous, but it’s the most effective way of reducing the risk of a data breach. 1] That’s a great idea. becomes the only Standard available.

Measurement 52

Measurement Risk Management Risk Management 52

CIO Business Intelligence

MARCH 23, 2022

The resulting redefinition of their role is influencing their priorities as they prepare for the 2023 financial year. He is also planning on investing in education and awareness for all users to reduce the risk of a breach. One of the biggest changes has been to bring them closer to business units. “We

Digital Transformation 98

Digital Transformation Consulting Technology Enterprise 98

CIO Business Intelligence

MAY 6, 2024

Here is a closer look at recent and forecasted developments in the cloud market that CIOs should be aware of. 2023: Greater flexibility, challenging decisions In 2023, the cloud services space — including hosting and managed and migration services — continued to experience impressive growth, eclipsing $564B in total spend.

Strategy 78

Strategy Marketing IT Data Processing 78

IBM Big Data Hub

MARCH 18, 2024

Using renewable energy in place of fossil fuels can reduce these pollutants and help mitigate risks to human health and natural environments. Energy independence Renewable energy provides for stronger energy security by opening up new opportunities for domestic energy production, thereby reducing reliance on foreign-sourced energy supply.

Cost-Benefit 19

Cost-Benefit Forecasting Manufacturing Optimization 19

CIO Business Intelligence

JULY 18, 2023

CIO.com’s 2023 State of the CIO survey recently zeroed in on the technology roles that IT leaders find the most difficult to fill, with cybersecurity, data science and analytics, and AI topping the list. As technology continues to advance at a rapid pace, the demand for qualified individuals has soared,” Chan says.

IT 98

IT Data Science IoT Digital Transformation 98