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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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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.

IT 85
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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. Copernicus, Jan.

Modeling 122
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6 ecommerce trends to watch

IBM Big Data Hub

Social commerce, a form of ecommerce in which a social media platform serves as both a marketing channel and a shopping destination, is expected to grow by more than 50% between 2021 and 2025. Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. trillion globally by 2025.

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Why Finance Teams are Struggling with Efficiency in 2023

Jet Global

And on the other, internal pressures like the need for more frequent, accurate forecasting force CFOs to re-evaluate their existing tools and processes. The Impact of Market Uncertainty This year, Finance decision-makers are feeling pressure from both internal and external sources.

Finance 52
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Top 10 business needs driving IT spending today

CIO Business Intelligence

Companies that used to be able to put the virtual brick walls around the building and say they’re secure on the inside now have too many openings — to the cloud, partners, customers, employees — for that strategy to be viable.”. billion in spend by 2025. It’s not about cost control; instead, we talk about investments for value.

IT 135
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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 134