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 120

IT Consulting Forecasting Software 120

Jen Stirrup

FEBRUARY 9, 2024

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.

Forecasting 104

Forecasting Measurement Testing Technology 104

CIO Business Intelligence

APRIL 9, 2024

But negotiations to sell that business to investment fund EP Equity Investment collapsed in February 2024. It recently reported its full-year results for 2023, after delaying twice to give auditors time to examine an independent business review report and to complete their audit of non-cash goodwill impairment charges.

Forecasting 106

Forecasting Finance Sales Big Data 106

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. It had previously reported revenue of €11.3 Paul is a seasoned senior executive, with extensive experience in corporate finance, corporate turnarounds, and restructuring — including within the technology industry.

Uncertainty 111

Uncertainty Sales Finance Forecasting 111

CIO Business Intelligence

FEBRUARY 20, 2024

Siemens is integrating its Teamcenter software for product lifecycle management with Microsoft Teams and Copilot AI-powered problem reporting and visual quality inspection. For instance, production operatives can use mobile devices to report product design concerns using natural speech. Sales and customer service.

Manufacturing 98

Manufacturing Sales Risk Management Forecasting 98

CIO Business Intelligence

FEBRUARY 8, 2024

Recent financial reports from major global IT services firms have highlighted a concerning slowdown in the industry that could persist, signaling potential changes to hiring and spending plans. Cognizant Technology Solutions announced a full-year revenue forecast below expectations.

IT 98

IT Uncertainty Consulting Forecasting 98

CIO Business Intelligence

DECEMBER 13, 2023

Certinia, a developer of software for service businesses, is using AI and automation to extend the capabilities of its tools for report-building or planning and analysis beyond the financial sphere and into operations, too. The new features appear in the Winter 2024 release of its applications, generally available from today.

Finance 102

Finance Forecasting Uncertainty Sales 102

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. The State of the Tech Workforce 2024 report from nonprofit CompTIA , forecasts tech employment growth of 3.1% for this year, resulting in a net gain of more than 300,000 new jobs.

IT 123

IT Consulting Technology Strategy 123

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 111

Forecasting Uncertainty Modeling Optimization 111

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%. For example, the UK’s Office of National Statistics reported annual consumer price inflation of 7.9% Prices rose in line with customers’ local consumer price index (CPI), with a cap of 3.3%. Bucking the trend?

Cost-Benefit 97

Cost-Benefit Statistics Data Processing Forecasting 97

IBM Big Data Hub

FEBRUARY 20, 2024

Predictions range as high as 5 degrees Celsius or more by the end of the 21st century, according to the Climate Science Special Report from the U.S. 3 Climate Science Special Report: Fourth National Climate Assessment, Volume I. 5 Climate Change 2023: Synthesis Report. degrees Celsius (2.66 Global Change Research Program.

Modeling 122

Modeling Forecasting Reporting Risk 122

Jet Global

MARCH 22, 2024

147ZB (or zettabytes) of data are expected to be created, captured, copied, and consumed in 2024 across the world. Adding to this, the Qlik Community reports that filters are great for reducing the amount of data that needs to be loaded. It’s all about the end-users feeling ownership, as that’s when you start to boost adoption.”

KPI 52

KPI Reporting Visualization Digital Transformation 52

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. Collaboration.

Digital Transformation 95

Digital Transformation Finance Machine Learning Forecasting 95

CIO Business Intelligence

AUGUST 1, 2023

that the company forecasts for the total addressable market it in which it operates. As for that recent performance, Atos reported financial results for the first half of 2023 last month. That’s ambitious given Eviden’s recent performance, but somewhat underwhelming given the much higher growth rate of 11.7% billion a year earlier.

IT 98

IT Sales Digital Transformation Marketing 98

CIO Business Intelligence

APRIL 28, 2022

Many organizations vest responsibility for creating what are usually called environmental, social, and governance (ESG) reports in a corporate sustainability officer or similar title. But not everyone thinks sustainability reporting should be concentrated in an already overburdened IT organization. Reporting the data.

Measurement 98

Measurement Reporting Data-driven Manufacturing 98

CIO Business Intelligence

JULY 31, 2023

Borrow language from investor-day presentations and earnings reports. Aim to define three to five objectives that together envelop projects proposed for 2024, ongoing and new. After all, each of these is part of your mandate, as a CIO, to optimize the organization’s digital potential. Why change now? Not sure how to frame the numbers?

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

JUNE 20, 2022

Those staff are less productive, too: Whereas IBM reported revenue of $57 billion in 2021 (or $200,000 per head), revenue at Atos was just $12 billion ($108,000 per head). Atos forecasts that TFCo revenue will similarly continue to decline, falling from €5.0 billion in 2024 and 2025 before returning to growth in 2026.

IT 98

IT Data Processing Forecasting Big Data 98

DataRobot

JULY 27, 2021

IDC projects that spend on AI technologies will surpass $200 billion by 2024. According to Algorithmia’s 2021 enterprise trends in machine learning report , it takes a month or longer to put a trained model into production at 64% of all organizations — if they are put into production at all. Welcome Algorithmia to DataRobot!

Machine Learning 98

Machine Learning Experimentation Modeling Forecasting 98

John Wheeler

JANUARY 31, 2021

This week the Wall Street Journal reported that due to emerging virus mutations , Harvard economist James Stock sees a “scenario of this thing sticking around for a much longer time frame.’’ We all looked to 2021 as a year of recovery and renewal. Unfortunately, 2021 will be much different. – Gartner, January 2021.

Uncertainty 59

Uncertainty Risk Management Risk Forecasting 59

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. Consider investor expectations around net-zero targets.

Reporting 84

Reporting Consulting Risk Metrics 84

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

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. released in March 2022, with mandatory compliance starting on March 31, 2024, represents an updated and refined version of the Standard. The PCI DSS v4.0,

Measurement 52

Measurement Risk Management Risk Management 52

FineReport

APRIL 9, 2024

Through the utilization of predictive models, clinicians can forecast patient outcomes and resource needs, enabling early intervention and personalized care delivery. Robust data governance ensures that data integrity is maintained throughout its lifecycle, from collection to analysis and reporting.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

FineReport

APRIL 24, 2024

Seamless integration ensures smooth workflows by allowing users to leverage existing infrastructure while incorporating visualizations into reports or applications seamlessly. This foresight empowers organizations to proactively prepare for upcoming shifts or developments based on credible analytical forecasts.

Visualization 52

Visualization Dashboards Interactive Key Performance Indicator 52

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

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. The Salesforce report found that 87% of technical leaders say that advances in AI make data management a higher priority and 92% say that trustworthy data is needed more than ever before. I need to know my forecast.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

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 75

Finance Cost-Benefit Forecasting Reporting 75

Jet Global

MAY 31, 2023

All-in-one tax solution now streamlines Pillar Two reporting and compliance to enhance overall financial planning Standalone option available for companies seeking Pillar Two support within their existing tax solution RALEIGH, N.C. – Pillar Two is made official in 2024,” said Josh Schauer, VP of Finance at insightsoftware. Pillar Two.

Finance 59

Finance Forecasting Reporting Cost-Benefit 59

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

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. 1 most difficult skill set to find, according to IT leader respondents.

Strategy 131

Strategy Data-driven Forecasting Management 131

Jet Global

SEPTEMBER 8, 2020

xP&A enables business leaders to consolidate forecasts and performance metrics from across the entire organization. With xP&A, business leaders can forecast, monitor, and evaluate things holistically. When the world is unpredictable, business leaders must think less like a NASA scientist and more like a Formula One driver.

Finance 64

Finance Forecasting Sales Enterprise 64

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. “For CIOs, understanding the business is table stakes — now we’re expected to change the business, not just technology.”

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

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% Google Workspace, Salesforce). A public cloud is a computing model where a cloud service provider makes computing resources (e.g.,

Cost-Benefit 109

Cost-Benefit Digital Transformation Software Modeling 109

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