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

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. billion USD by 2024. How do CIOs position themselves as great agents of change in their organizations?

Technology 106

Technology Digital Transformation Forecasting Strategy 106

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 104

Data-driven Forecasting Enterprise IT 104

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 115

IT Consulting Forecasting Software 115

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 113

Uncertainty Forecasting Optimization Consulting 113

Jen Stirrup

FEBRUARY 9, 2024

For example, India is also using AI to enhance weather forecasting and climate modelling. The Indian government is testing AI-powered climate models to improve weather forecasts across the country [3]. Artificial Intelligence is one way forward to tackling the issues of climate change.

Forecasting 104

Forecasting Measurement Testing Technology 104

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 95

Sales Software Forecasting Statistics 95

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 105

Uncertainty Technology Forecasting Strategy 105

CIO Business Intelligence

APRIL 9, 2024

But negotiations to sell that business to investment fund EP Equity Investment collapsed in February 2024. It also forecast at least one more year of declining revenue, before a return to slow growth in 2025 and a slight acceleration, to 6.2%, in 2026. Another project to raise €1.8

Forecasting 101

Forecasting Finance Sales Big Data 101

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 105

Uncertainty Sales Finance Forecasting 105

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 91

IT Uncertainty Consulting Forecasting 91

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 108

Forecasting Uncertainty Modeling Optimization 108

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 91

Manufacturing Sales Risk Management Forecasting 91

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

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

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

Jedox

DECEMBER 28, 2021

According to Gartner, 70% of new financial planning and analysis (FP&A) projects are slated to become extended planning and analysis (xP&A) projects by 2024. Historically, financial planning & analysis has centered around tasks such as planning, budgeting, forecasting, and performance management. Ease of Innovation.

Digital Transformation 95

Digital Transformation Finance Machine Learning Forecasting 95

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 85

Cost-Benefit Statistics Data Processing Forecasting 85

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 94

IT Sales Digital Transformation Marketing 94

IBM Big Data Hub

FEBRUARY 20, 2024

Studies show that planting trees combats desertification and triggers greater rainfall, 8 while artificial intelligence-powered climate forecasts and crop data analysis can help farmers make informed decisions on crop management under challenging circumstances. °C limit. ” (link resides outside ibm.com). Copernicus, Jan.

Modeling 118

Modeling Forecasting Reporting Risk 118

IBM Big Data Hub

JANUARY 17, 2024

Today, he also serves as the squad leader for the IBM Sustainability Accelerator’s clean energy project in Miyakojima City, where the team is working to develop an energy forecasting model. IBM volunteers will be invited to participate in the next cohort of the IBM Sustainability Accelerator, following a new RFP to be announced in 2024.

Forecasting 89

Forecasting Consulting Modeling Technology 89

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 123

Sales Marketing Data-driven Interactive 123

Jet Global

MARCH 22, 2024

147ZB (or zettabytes) of data are expected to be created, captured, copied, and consumed in 2024 across the world. You can automate all of your everyday reports, such as simple KPI reporting, sales forecasting, or management reports to ensure everyone gets the data they need when they need it. That’s a lot of data!

KPI 52

KPI Reporting Visualization Digital Transformation 52

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 89

IT Data Processing Forecasting Big Data 89

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 98

Strategy IT Cost-Benefit Finance 98

DataRobot Blog

AUGUST 10, 2022

As ICSs develop plans to deliver around 30% more elective activity by 2024-2025 than before the pandemic, the need to retain clinical staff is paramount. Accurately forecasting non-elective demand is a necessity for ICSs and acute trusts, but this task is complicated by the pandemic and the data disruption that ensued.

Forecasting 52

Forecasting Experimentation Data-driven Risk 52

Smart Data Collective

JUNE 15, 2022

trillion in 2024, up from roughly $5.47 Enhance the client experience Better Understand Customer Demographics Forecast customer behavior Improve pricing decisions Highlights Expansion Potential Improve product display in-store Reduce customer acquisition expenses Improve the online customer experience Customer persona identification.

Advertising 94

Advertising Cost-Benefit ROI Sales 94

Jet Global

SEPTEMBER 10, 2020

That’s why Gartner tells us that b y 2024, 70 percent of new financial planning and analysis projects will become extended planning and analysis (xP&A) projects—where multiple inputs from across the organization become the levers finance teams can use to make the right strategic planning decisions. Navigating Your Transition to xP&A.

Forecasting 52

Forecasting Finance Uncertainty Sales 52

DataRobot

JULY 27, 2021

IDC projects that spend on AI technologies will surpass $200 billion by 2024. Every person must become a data scientist in order to unleash their full potential. The market for AI is also colossal, and perhaps the largest opportunity of our time. The Transformative Power of Augmented Intelligence. Welcome Algorithmia to DataRobot!

Machine Learning 98

Machine Learning Experimentation Modeling Forecasting 98

John Wheeler

JANUARY 31, 2021

As noted by my Gartner colleague John David Lovelock , “Gartner forecasts that global IT spending related to remote working will total $332.9bn in 2021, an increase of 4.9% These forces of change will alter the business landscape in 2021 and for years to come. – Gartner, January 2021.

Uncertainty 59

Uncertainty Risk Management Risk Forecasting 59

IBM Big Data Hub

FEBRUARY 15, 2024

For companies, that may mean having a well-articulated and comprehensive climate transition plan that not only forecasts emission reductions but also aligns with the latest climate disclosure requirements. ESG Regulations in 2024: Everything you need to know (link resides outside ibm.com). Explore IBM Envizi 1.

Reporting 82

Reporting Consulting Risk Metrics 82

IBM Big Data Hub

MARCH 4, 2024

In 2024, companies confront significant disruption, requiring them to redefine labor productivity to prevent unrealized revenue, safeguard the software supply chain from attacks, and embed sustainability into operations to maintain competitiveness.

Enterprise 103

Enterprise ROI Risk Strategy 103

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. Other SEC timelines are also going to pressure companies, Herman 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

DataRobot

DECEMBER 28, 2021

Yes, data created over the next three years will far exceed the amount created over the past 30 years ( Source : IDC Worldwide Global DataSphere Forecast, 2020-2024). The market is changing every day, and the ability to make more decisions, faster, creates a significant difference for each organization.

Modeling 52

Modeling Visualization Data Science Forecasting 52

Andrew White

JULY 24, 2021

This is why our data and analytics storyline is focused on “ re-engineering the decision “ For example, synthetic data can help you cope when decision making brake down when: Estimation or forecast models based on historical data no longer work. Assumptions based on past experience fail.

Forecasting 133

Forecasting Publishing Modeling Risk 133

IBM Big Data Hub

FEBRUARY 14, 2024

Based on the IEA forecast, wind electricity generation is expected to more than double to 350 gigawatts (GW) by 2028 3 with China’s renewable energy market increasing 66% in 2023 alone. More precise forecasts help operators integrate more renewable energy technologies into the electricity grid. 5 New Actions to Expand U.S.

Forecasting 54

Forecasting Technology Risk Machine Learning 54