Remove 2024 Remove Forecasting Remove Strategy Remove Uncertainty
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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

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.

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The only CIO resolution that matters

CIO Business Intelligence

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. Uncertainty is Certain A key reason to do this is because uncertainty abounds. There are a wide range of possible outcomes in 2024.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Cognizant Technology Solutions announced a full-year revenue forecast below expectations. In challenging times, tough measures are often required.

IT 95
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Atos CEO Yves Bernaert quits over governance differences

CIO Business Intelligence

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.

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Certinia uses AI to accelerate finance functions for service companies

CIO Business Intelligence

The new features appear in the Winter 2024 release of its applications, generally available from today. Over the following six months, though, there was much uncertainty as Certinia changed ownership, replaced its CEO, and swapped out top executives in sales, finance, operations, and HR.

Finance 81
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Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

According to the Geophysical Fluid Dynamics Laboratory of the US’s National Oceanic and Atmospheric Association (NOAA), “Climate models reduce the uncertainty of climate change impacts, which aids in adaptation.” In some cases, the latter can mean rolling back older flood mitigation strategies. °C limit.

Modeling 123
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What’s Top of Mind for CFOs Heading into 2024

Jet Global

If any one word could encapsulate 2023, it would be “uncertainty.” The need for greater efficiency and more accurate forecasting led CFOs to re-evaluate the tools and processes on hand and their ability to overcome skills shortages and drive agility.

Finance 52