CIO Business Intelligence

FEBRUARY 13, 2024

Get ready for the IDC Middle East CIO Summit 2024. Recent breakthroughs in generative AI (GenAI) are reshaping the technological landscape at an unprecedented rate, and IDC forecasts that annual worldwide spending on AI-centric systems will exceed 300 billion USD by 2026.

Data Processing 90

Data Processing Forecasting Risk Optimization 90

CIO Business Intelligence

APRIL 11, 2024

How do they face technological leadership to accelerate digital business in a context of profound change? IDC Kuwait CIO Summit 2024, the event for ITDMs organized by IDC will showcase how IT leaders are prepared to explore the reality of ‘The Future of IT: Rethinking Digitalization for an AI Everywhere World’ on May 13th.

Technology 106

Technology Digital Transformation Forecasting Strategy 106

CIO Business Intelligence

APRIL 19, 2024

Data centers shoulder the load To support AI workloads, spending on data center systems will increase by 10% in 2024, Gartner predicted, compared to a 4% increase in 2023. Gartner’s new IT spending forecast predicts spending growth in all five major IT categories, including software, IT services, and communications services.

IT 129

IT Software Cost-Benefit ROI 129

CIO Business Intelligence

JANUARY 23, 2024

Analyst firm Gartner has released its 2024 worldwide IT spending forecast, and the topline is eyepopping: Overall IT expenditures are projected to grow 6.8% in 2024, second only to software, at 12.7%, another category for which the firm sees no future plateau. this year to a hair under $5 trillion. 2 IT spending slot by 2028.

IT 114

IT Consulting Forecasting Software 114

CIO Business Intelligence

MARCH 26, 2024

The recommendation feature of Einstein that suggests an article based on common reasons for customers reaching out will be in pilot in the summer of 2024 for interfaces across Facebook, Messenger, and WhatsApp. This feature, too, is expected to be made generally available in the summer of 2024.

Data-driven 103

Data-driven Forecasting Enterprise IT 103

CIO Business Intelligence

MARCH 26, 2024

As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023. In 2024 alone, 168 tech companies have collectively laid off 42,324 employees. These actions resulted in a reduction in overall headcount.

Uncertainty 112

Uncertainty Forecasting Optimization Consulting 112

CIO Business Intelligence

JANUARY 15, 2024

As they take stock after the year-end frenzy of shopping the holiday season always brings, retail CIOs attending the National Retail Federation’s annual show, NRF 2024, may be wondering how they can improve their IT systems’ performance over the next 12 months. year on year in the first 11 months of 2023, AI or no AI.

Sales 94

Sales Software Forecasting Statistics 94

CIO Business Intelligence

APRIL 29, 2024

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.

Experimentation 123

Experimentation Forecasting Risk Consulting 123

CIO Business Intelligence

DECEMBER 26, 2023

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. There are a wide range of possible outcomes in 2024. Michael Gapen, chief US economist at Bank of America, summed things up commenting, “ We’re kind of at peak uncertainty.”

Uncertainty 104

Uncertainty Technology Forecasting Strategy 104

CIO Business Intelligence

JANUARY 15, 2024

However, it expects to miss its free cash flow forecast of negative €1 billion, falling a further €100 million short. Paul is a seasoned senior executive, with extensive experience in corporate finance, corporate turnarounds, and restructuring — including within the technology industry. It had previously reported revenue of €11.3

Uncertainty 104

Uncertainty Sales Finance Forecasting 104

CIO Business Intelligence

APRIL 9, 2024

In search of a quick fix for the debt problem, the company has spent much of the past two years preparing to spin off its legacy infrastructure management activities as a separate business, Tech Foundations, much as IBM spun out Kyndryl. But negotiations to sell that business to investment fund EP Equity Investment collapsed in February 2024.

Forecasting 100

Forecasting Finance Sales Big Data 100

CIO Business Intelligence

FEBRUARY 8, 2024

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. Recent reports, including those from Gartner, have also highlighted a continuing trend of layoffs in 2024 , even though there are early signs of recovery in the industry. In challenging times, tough measures are often required.

IT 90

IT Uncertainty Consulting Forecasting 90

CIO Business Intelligence

DECEMBER 6, 2023

As a result, they’ll be able to automate their processes across operations, create innovative business models at scale and achieve greater agility and resilience. We’ve also worked with Watco, a leading transportation and logistics provider, to streamline their financial planning, forecasting, and reporting processes.

Forecasting 107

Forecasting Uncertainty Modeling Optimization 107

CIO Business Intelligence

APRIL 29, 2024

In fact, CIOs listed numerous roadblocks to IT strategic success in the 2024 State of the CIO Study from Foundry, publisher of CIO.com. Upskilling takes time, and contracted workers aren’t usually as close to the business as employees. Now there’s news that the competition for tech workers may heat up even more this year.

IT 115

IT Consulting Technology Strategy 115

CIO Business Intelligence

FEBRUARY 20, 2024

There’s a clear role for generative AI applications like Microsoft Copilot to help customer segmentation and forecasting as well as in generating creative marketing and sales collateral that engages target audiences,” says Nall. Visit: [link] Avanade is attending Hanover Messe 2024. Generative AI, Innovation

Manufacturing 90

Manufacturing Sales Risk Management Forecasting 90

CIO Business Intelligence

JANUARY 19, 2024

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. According to data from PayScale, $99,842 is the average base salary for a data scientist in 2024.

Data Science 126

Data Science Machine Learning Predictive Modeling Experimentation 126

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. this year, before picking up again in 2024 and averaging 9.6% Software sales grew 9.8%

Sales 52

Sales Enterprise Cost-Benefit Software 52

CIO Business Intelligence

DECEMBER 13, 2023

The new features appear in the Winter 2024 release of its applications, generally available from today. For example, new automation features in the report builder enable enterprises to connect financial data with operational data held on the Salesforce platform.

Finance 78

Finance Forecasting Uncertainty Sales 78

Jet Global

MARCH 22, 2024

Qlik’s powerful associative analytics engine The first capability we’re exploring is Qlik’s powerful associative engine – technology that was truly a leap forward for in-memory business intelligence (BI). 147ZB (or zettabytes) of data are expected to be created, captured, copied, and consumed in 2024 across the world.

KPI 52

KPI Reporting Visualization Digital Transformation 52

CIO Business Intelligence

AUGUST 1, 2023

that the company forecasts for the total addressable market it in which it operates. Next steps Atos still needs shareholder approval for the sale of TFCo to EPEI, for which it will call an extraordinary general meeting in the fourth quarter, and clearance from its banks and regulators, which it expects to receive in early 2024.

IT 93

IT Sales Digital Transformation Marketing 93

CIO Business Intelligence

JULY 27, 2023

From the start of 2024, it will again increase support prices by local CPI rates—but this time, it’s raising the cap to 5%. In Belgium, the Federal Planning Bureau reported average consumer price inflation was 9.59% in 2022, yet it forecasts it will fall to 3.9% Bucking the trend? for June 2023 , down from 9.4% in October 2022.

Cost-Benefit 83

Cost-Benefit Statistics Data Processing Forecasting 83

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. By leveraging these tools, healthcare providers can gain valuable insights into patient outcomes, operational efficiency, and resource allocation.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

JANUARY 12, 2024

From market shifts to IT strategies, here are the hot CRM trends for 2024. Industry CRMs heed the call The increased verticalization of CRM is a key trend for 2024, says Forrester’s Leggett. For example, an organization may want the lead management, but not the forecasting feature of a CRM sales package.

Sales 122

Sales Marketing Data-driven Interactive 122

CIO Business Intelligence

JULY 31, 2023

Aim to define three to five objectives that together envelop projects proposed for 2024, ongoing and new. Borrow revenue projections from FP&A, then layer in projected IT run-rate spend, IT project spend for each year in the forecast, and summarize total IT spend as a percentage of revenue. Not sure how to frame the numbers?

Strategy 97

Strategy IT Cost-Benefit Finance 97

CIO Business Intelligence

JUNE 20, 2022

In the three months to March 21, 2022, it saw revenue decline 3% year on year at constant currency (7% in real terms), and it forecast that revenue for the year to March 31, 2023, would also be 3% lower than the prior year. Atos forecasts that TFCo revenue will similarly continue to decline, falling from €5.0 billion ($5.3 billion ($5.3

IT 88

IT Data Processing Forecasting Big Data 88

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. The intersection of ESG and the long-term business goals of enterprises are, more and more, starting to intersect,” he says.

Measurement 98

Measurement Reporting Data-driven Manufacturing 98

CIO Business Intelligence

DECEMBER 21, 2023

released in March 2022, with mandatory compliance starting on March 31, 2024, represents an updated and refined version of the Standard. IBE also allows the airlines to optimize their revenue through forecasting demands and fine-tuning prices. The PCI DSS v4.0, Conclusion As the airline industry prepares for the PCI DSS v4.0,

Measurement 52

Measurement Risk Management Risk Management 52

CIO Business Intelligence

FEBRUARY 2, 2024

A PwC report, for instance, found that 84% of CIOs expect to use genAI to support a new business model in 2024. Traditional Analytics: Organizations have been using analytical business intelligence (BI) for the last four decades, but the name shifted to analytics as the technology became more sophisticated and advanced.

Testing 142

Testing Risk Forecasting Data-driven 142

CIO Business Intelligence

FEBRUARY 5, 2024

A PwC report, for instance, found that 84% of CIOs expect to use genAI to support a new business model in 2024. Traditional Analytics: Organizations have been using analytical business intelligence (BI) for the last four decades, but the name shifted to analytics as the technology became more sophisticated and advanced.

Testing 139

Testing Risk Forecasting Data-driven 139

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Many CIOs will face a challenging year grappling with growing pressure from transformation initiatives, weekly layoff announcements, and the prospect of a recession.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

Rita Sallam

APRIL 2, 2023

An autocorrelation forecasting model to identify parameter estimators, associated with relevant variables, that impact the likelihood of flooding events. Also based on the historical data, there is a very high chance of flooding in Louisiana in the year 2024 with a likelihood of 3:1.

Optimization 52

Optimization Machine Learning Insurance Risk 52

CIO Business Intelligence

MARCH 21, 2022

Strategic FP&A is critical for integration, performance management, risk analysis, forecasting, and modelling across multiple business functions. Inaccurate forecasts. Revenue forecasts are always top-of-the-mind for CEOs, because that’s what dictates the flow of capital in the present. Lost productivity.

Data-driven 111

Data-driven IT Finance Forecasting 111

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. But is it really aligned to what the other stakeholders in the business need every single day? I need to know my forecast. If I’m a sales leader, I need to know my pipeline. I need to know how many reps I’ve hired.

Data Strategy 131

Data Strategy Strategy Sales Data Governance 131

CIO Business Intelligence

JANUARY 2, 2024

In 2024, these pressures will drive businesses increasingly to ask: How can I increase sales without raising overhead? This includes analyzing demands from all channels, supply chain constraints, and business goals to determine the most cost-effective order quantities.

Sales 120

Sales Advertising Key Performance Indicator Optimization 120

CIO Business Intelligence

APRIL 15, 2024

“For CIOs, understanding the business is table stakes — now we’re expected to change the business, not just technology.” Nimesh Mehta, SVP and chief information and strategy officer, National Life Group National Life Group The 2024 State of CIO research clearly depicts a more prominent, business-centric role for IT leadership.

Digital Transformation 125

Digital Transformation Strategy Technology Enterprise 125

CIO Business Intelligence

MARCH 21, 2024

CompTIA, for example, lists AI as the most in-demand skill in the IT industry for 2024, and Foundry’s State of the CIO Survey ranks AI as the No. Public service: Dot-gov’s ‘unique value proposition’ Despite such efforts, OPM and other federal offices are encountering a highly competitive market for AI talent.

Strategy 124

Strategy Data-driven Forecasting Management 124

CIO Business Intelligence

JULY 11, 2022

According to a recent study published by Dell’Oro Group, the worldwide sales of SD-WAN technologies are forecasted to grow at double-digit rates over each of the next five years to surpass $3.2 billion in 2024. Software-Defined WAN (SD-WAN) is one of the most rapidly adopted technologies of the past decade.

Risk 90

Risk Cost-Benefit Enterprise Optimization 90