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Accenture buys Navisite in its 4th acquisition of 2024

CIO Business Intelligence

The global end-user spending on public cloud services is forecast to grow 20.4% billion in 2024, up from $563.6 billion in 2023, according to a report from Gartner. A separate report from Zacks Equity Research showed that the company spent $3.4 billion on 38 acquisitions in 2022, $4.2

IT 115
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“Cloud adoption momentum in the GCC will gain further impetus in 2024”

CIO Business Intelligence

This year, GenAI and Large Language Models, such as ChatGPT, are positioned as vectors of change. 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.

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The impact of AI on edge computing

CIO Business Intelligence

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 over the 2023-2027 forecast period 1. 1 IDC forecasts spending on GenAI solutions will double in 2024 and grow to $151.1

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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making. This resulted in increased profitability and strengthened competitive positioning within the industry.

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Climate Change and the need to look back as well as forward

Jen Stirrup

According to a BloombergNEF report, climate-tech companies focused on climate-tech innovation raised $165 billion in 2021 across private and public markets [2]. For example, India is also using AI to enhance weather forecasting and climate modelling.

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Software vendors offer AI sales boost for retail at NRF show

CIO Business Intelligence

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.

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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. With gen AI, there’s more enthusiasm.