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. Predictive AI: This technology is forward-looking, analyzing past data to unearth predictive patterns and then using current data to provide accurate forecasts of what will happen in the future.

Testing 143

Testing Risk Forecasting Data-driven 143

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. Predictive AI: This technology is forward-looking, analyzing past data to unearth predictive patterns and then using current data to provide accurate forecasts of what will happen in the future.

Testing 142

Testing Risk Forecasting Data-driven 142

CIO Business Intelligence

MARCH 21, 2022

However, like most data-driven practices, FP&A is bound by the shackles of reporting, control, and compliance. Research by DataRails showed that inefficient data processes and dysfunctional financial reporting costs US businesses a staggering $7.8 Inaccurate forecasts. billion a year. Out of that, $6.1 Lost productivity.

Data-driven 116

Data-driven IT Finance Forecasting 116

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% Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

Jedox

NOVEMBER 17, 2022

According to Gartner’s Predicts 2022 report , a majority of organizations will choose integrated financial management tools as their preferred solution towards process automation within the next two years. In a recent PwC report , 86% of those surveyed no longer viewed AI as a foreign technology, but as mainstream. The Case of IFCO.

Finance 77

Finance Cost-Benefit Forecasting Reporting 77

Jen Stirrup

FEBRUARY 24, 2024

In marketing, for example, analyzing customer data and detecting patterns allows firms to forecast demand, prevent churn, personalize pricing, and make other data-driven decisions. Examples include data entry, invoicing, reporting, and more. This forecasting enables more accurate inventory management and marketing strategy planning.

Cost-Benefit 70

Cost-Benefit Data-driven Testing Risk 70

Sisense

AUGUST 21, 2020

AI and machine learning are the future of every industry, especially data and analytics. It was only natural for us here at Sisense to put significant investment into knowledge graphs, NLP, and automated machine learning. Let’s dive into these trends and see what else is on the horizon. Trend 5: Augmented data management.

Analytics 112

Analytics Machine Learning Dashboards Visualization 112

IBM Big Data Hub

FEBRUARY 6, 2024

According to a Gartner report (link resides outside ibm.com), almost two-thirds (65.9%) of enterprise IT spending will go toward Software-as-a-Service in 2025, up from 57.7% Digital transformation: Leverage vast amounts of compute to process big data and harness the latest technologies like generative AI and machine learning (ML).

Cost-Benefit 110

Cost-Benefit Digital Transformation Software Modeling 110

IBM Big Data Hub

JANUARY 30, 2024

According to a recent forecast from Gartner (link resides outside ibm.com) worldwide end-user spending on public cloud services is expected to grow 20.4% billion in 2024, up from $563.6 to total $678.8 billion in 2023. As businesses ramp up services from different cloud service providers, a multicloud environment becomes more complex.

Strategy 102

Strategy Cost-Benefit Risk Optimization 102

Sisense

MAY 27, 2021

Spending on AI is forecast to double over the span of four years, growing from just over $50 billion in 2020 to a whopping $110 billion in 2024. AI analytics don’t replace traditional analytics and reporting — instead, AI analytics are additive! In fact, the global market size for AI in retail is expected to reach a massive $23.32

Forecasting 52

Forecasting Sales Analytics Marketing 52

CIO Business Intelligence

APRIL 15, 2024

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. We’re not just doing digitization and AI and machine learning in a piecemeal way,” she adds. “We

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

datapine

NOVEMBER 27, 2019

The development of business intelligence to analyze and extract value from the countless sources of data that we gather at a high scale, brought alongside a bunch of errors and low-quality reports: the disparity of data sources and data types added some more complexity to the data integration process. 3) Artificial Intelligence.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 4, 2019

Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. BN by the end of 2024, according to MarketWatch. Augmented analytics would include augmented data preparation, but also augmented data discovery and finally augmented data science and machine learning.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

Jet Global

FEBRUARY 21, 2024

According to insightsoftware and Hanover Research’s 2024 Embedded Analytics Report , customizable dashboards are in demand. According to insightsoftware and Hanover Research’s 2024 Embedded Analytics Report , customizable dashboards are in demand. Data literacy is often associated with employees at the operational level.

Analytics 52

Analytics Dashboards Predictive Analytics Software 52

Jet Global

FEBRUARY 1, 2024

Forrester Research predicts that the embedded analytics market will hit $16 billion in 2024. Embedded AI and machine learning models give your customers the foresight they need to make informed decisions, optimize resources, and gain a competitive edge. Get your application to market faster with built-in data power.

Analytics 52

Analytics Dashboards Reporting Marketing 52

Jet Global

JANUARY 29, 2024

Cloud migration and support are top-of-mind for worldwide organizations–this year, cloud computing is forecast to surpass $1 trillion worldwide for the first time. If your organization still operates on-premises, but your 2024 plans include a cloud migration, here are three key questions you must consider before investing.

Finance 52

Finance Reporting Cost-Benefit Data Warehouse 52

Jet Global

JANUARY 19, 2024

The key aspects of their relationship that trended over the last year included predictive analytics and integration with machine learning. It allows organizations to integrate business-level AI, interactive data visualizations, dashboards, and reports, thereby enriching the value and engagement of every application.

Analytics 52

Analytics Dashboards Visualization Data-driven 52