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What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

As the use of intelligence technologies is staggering, knowing the latest trends in business intelligence is a must. The market for business intelligence services is expected to reach $33.5 billion by 2025. Business intelligence software will be more geared towards working with Big Data.

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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

Medium to long-term strategy Analysts point out that while several tech companies are reducing their workforce, Dell is one of the few who has recorded weak financial performance. We expect CSG net revenue growth for the full fiscal year, driven in part by the anticipated PC refresh cycle in the latter part of Fiscal 2025.”

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10 Examples of How Big Data in Logistics Can Transform The Supply Chain

datapine

The big data market is expected to exceed $68 billion in value by 2025 , a testament to its growing value and necessity across industries. According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. Did you know? Where is all of that data going to come from?

Big Data 275
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IT services spending signals major role change for CIOs ahead

CIO Business Intelligence

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% But the storyline CIOs should note from this year’s spending forecast is not about overall volume or uptick, or even whether generative AI is behind this year’s perky numbers (it isn’t).

IT 119
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Atos staves off bankruptcy, casts wider net for refinancing

CIO Business Intelligence

Atos said it wants to ensure the business continuity and long-term sustainability of the group; to reassure clients, employees, and suppliers of its creditworthiness; and to preserve the strategic interests of the French state.

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IT budget shock: Global IT services firms continue to struggle

CIO Business Intelligence

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. This strategy prepares companies for new types of deals and challenges, enhancing their ability to address novel problems efficiently.” The goal is to embed more templated services and products, which can quickly impact revenue and profit margins.

IT 98
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Digital Twin Use Races Ahead at McLaren Group

CIO Business Intelligence

Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. For businesses like the McLaren Group, these two trends are at the core of the conglomerate’s digital transformation and competitive strategy, on and off the track. . billion by 2030.