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 119

IT Consulting Forecasting Software 119

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. Fourth quarter revenue was down 11 percent year on year.

Uncertainty 119

Uncertainty Forecasting Optimization Consulting 119

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. IT Strategy

Strategy 98

Strategy IT Cost-Benefit Finance 98

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 105

Sales Software Forecasting Statistics 105

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. Establishing such a vision will also strongly inform your briefing strategy.

Uncertainty 111

Uncertainty Technology Forecasting Strategy 111

CIO Business Intelligence

JANUARY 15, 2024

Bernaert cited differences of opinion over governance as the reason for his departure: He disagreed with the board about the need for recent changes in the company’s strategy, and the way they were executed. However, it expects to miss its free cash flow forecast of negative €1 billion, falling a further €100 million short.

Uncertainty 111

Uncertainty Sales Finance Forecasting 111

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

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 98

IT Uncertainty Consulting Forecasting 98

CIO Business Intelligence

APRIL 9, 2024

The trouble with Atos The challenge for Atos is that, despite a succession of new CEOs , new board members, and new strategies, it still keeps losing money — and it is already heavily loaded with debt, making banks reluctant to extend more credit to help it through the continuing bad times. Another project to raise €1.8

Forecasting 105

Forecasting Finance Sales Big Data 105

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 101

Finance Forecasting Uncertainty Sales 101

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

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

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. This requires a holistic enterprise transformation. times higher ROI.

Enterprise 107

Enterprise ROI Risk Strategy 107

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 98

IT Sales Digital Transformation Marketing 98

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. In some cases, the latter can mean rolling back older flood mitigation strategies.

Modeling 122

Modeling Forecasting Reporting Risk 122

IBM Big Data Hub

APRIL 25, 2024

A comprehensive supply chain overhaul might involve rethinking procurement strategies, implementing just-in-time inventory systems, optimizing production schedules or redesigning transportation and distribution networks. Last updated 23 February 2024. IBM Wow Story: Bouygues Becomes the AI Standard-Bearer in French Telecom.

Cost-Benefit 54

Cost-Benefit Finance Optimization Key Performance Indicator 54

Smart Data Collective

JUNE 15, 2022

trillion in 2024, up from roughly $5.47 From the most basic to the most complicated concerns, data may assist guide your decision-making strategy. This application can take the shape of developing items, adapting marketing strategies, or generating recommendations based on the products that a consumer is most interested in.

Advertising 96

Advertising Cost-Benefit ROI Sales 96

CIO Business Intelligence

JUNE 20, 2022

Bihmane has already set out his strategy to restore TFCo’s growth, profitability, and cashflow by 2026. 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.

IT 98

IT Data Processing Forecasting Big Data 98

CIO Business Intelligence

JANUARY 12, 2024

From market shifts to IT strategies, here are the hot CRM trends for 2024. Clint Oram, co-founder and chief strategy officer at CRM vendor SugarCRM, says generative AI will soon enable employees and customers to use natural language to engage with the most advanced AI systems.

Sales 128

Sales Marketing Data-driven Interactive 128

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

DataRobot

JULY 27, 2021

AI needs to be a core part of every company’s strategy and culture, as well as a top company initiative with a focus on measurable results tied to value. . IDC projects that spend on AI technologies will surpass $200 billion by 2024. I stand by that notion wholeheartedly. The Transformative Power of Augmented Intelligence.

Machine Learning 98

Machine Learning Experimentation Modeling Forecasting 98

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. ESG Regulations in 2024: Everything you need to know (link resides outside ibm.com).

Reporting 84

Reporting Consulting Risk Metrics 84

FineReport

APRIL 9, 2024

The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance. Through the utilization of predictive models, clinicians can forecast patient outcomes and resource needs, enabling early intervention and personalized care delivery.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? Are there mitigation strategies that can be implemented successfully that could provide policy guidance and reasons for optimism in the face of ever increasing frequency of extreme weather events? Here is the link to Qlik’s BI Bake-Off video.

Optimization 52

Optimization Machine Learning Insurance Risk 52

FineReport

APRIL 24, 2024

This understanding empowers them to make well-informed choices based on a comprehensive comprehension of the presented information, ultimately leading to more effective strategies and outcomes. 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

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 While each multicloud journey is unique, here are eight fundamental steps for creating a successful multicloud strategy: 1. to total $678.8

Strategy 101

Strategy Cost-Benefit Risk Optimization 101

CIO Business Intelligence

MARCH 21, 2022

It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. Strategic FP&A is critical for integration, performance management, risk analysis, forecasting, and modelling across multiple business functions. Inaccurate forecasts. Lost productivity.

Data-driven 116

Data-driven IT Finance Forecasting 116

IBM Big Data Hub

SEPTEMBER 19, 2023

Through live data analysis and predictive forecasting, AI tools can help employees working in network operations centers and network engineers to mitigate congestion and downtime. As 5G networks continue to expand, the need for intelligent load balancing and traffic shaping will likely grow.

Cost-Benefit 118

Cost-Benefit Optimization Interactive Enterprise 118

Jen Stirrup

FEBRUARY 24, 2024

Problem-Solving Artificial Intelligence systems can leverage search and optimization algorithms to solve complex problems across many domains, from gaming strategies to logistics. Data-driven decisions With AI processing large datasets, small businesses can uncover actionable insights to inform strategy.

Cost-Benefit 70

Cost-Benefit Data-driven Testing Risk 70

TDAN

FEBRUARY 16, 2022

billion by 2024, with the multi domain MDM solution segment expected to grow at the highest CAGR during this forecast period. The global master data management (MDM) market is estimated to grow from USD 1.6 billion in 2019 to USD 3.4 Traditional MDM systems are purpose-built for a single type of data or domain. Each […].

Management 105

Management Forecasting Marketing Data Strategy 105

CIO Business Intelligence

JANUARY 2, 2024

In 2024, these pressures will drive businesses increasingly to ask: How can I increase sales without raising overhead? Big challenges include consistently managing stock levels for cost efficiency, simulating sourcing strategies for sustainability and margin improvement, and delivering the best solutions to enhance customer satisfaction.

Sales 124

Sales Advertising Key Performance Indicator Optimization 124

AWS Big Data

APRIL 2, 2024

In March 2024, we announced the general availability of the generative artificial intelligence (AI) generated data descriptions in Amazon DataZone. For instance, a dataset designated for testing might mistakenly be used for financial forecasting, resulting in poor predictions.

Metadata 88

Metadata Metrics Data-driven Modeling 88

CIO Business Intelligence

MARCH 21, 2024

OPM also supports agencies in adopting innovative hiring strategies such as pooled hiring and subject matter expert involvement in assessments, she adds. 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.

Strategy 131

Strategy Data-driven Forecasting Management 131

CIO Business Intelligence

APRIL 15, 2024

The senior vice president and chief information and strategy officer at National Life Group, has spent years executing a technology roadmap to modernize the insurance company. Case in point: Mehta, who now has the responsibility of developing National Life’s three-year enterprise strategy.

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

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. It’s a smart strategy,” Brian said. According to analyst firm IDC, the industry that will spend the most on AI is retail. billion by 2027!

Forecasting 52

Forecasting Sales Analytics Marketing 52