article thumbnail

What Is Enterprise Performance Management?

Jedox

Target setting for select business drivers. Measurement of success and re-forecasting. In addition, EPM, in most cases, allows the updating of organizational planning data based on various business drivers and calculation of business rules (i.e. Analysis and calculation of major KPIs.

article thumbnail

Want to be a hybrid cloud winner? The recipe for XaaS success

IBM Big Data Hub

Building confidence in safeguarding data Data is the lifeblood of modern businesses, but its movement must be safe and compliant. An IDC survey forecasting the primary reasons for an increase in enterprise storage spending in 2023 cites, “greater data protection needs” was the most selected primary driver by IT decision makers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 10 business needs driving IT spending today

CIO Business Intelligence

Rasmussen and others acknowledge that this year’s list of business drivers may seem like a break from past years’ priorities, where transformation generally dominated. Cybersecurity needs driving IT spending. This is the common theme among most technology leaders,” she says. 13, respectively.

IT 135
article thumbnail

Data integration: The key to AI-supported planning systems

Jedox

In our previous blog post “ Proven AI solutions for modern planning “, we shared detailed insights from Dr. Rolf Gegenmantel, our Chief Marketing & Product Officer, into data management and data integration as a basis for advanced analytics and automated sales forecasts at Mitsui Chemicals Europe.

article thumbnail

Humans-in-the-loop forecasting: integrating data science and business planning

The Unofficial Google Data Science Blog

ln this post he describes where and how having “humans in the loop” in forecasting makes sense, and reflects on past failures and successes that have led him to this perspective. Our team does a lot of forecasting. It also owns Google’s internal time series forecasting platform described in an earlier blog post.

article thumbnail

The Case for Continuous Financial Planning after Covid-19

Jet Global

Financial planning has always been vital to businesses in order to make sound, long-term decisions. Companies use forecasting to make critical investments, plan for covenant compliance, and even decide on future mergers and acquisitions (M&A) strategies. What is continuous planning?

article thumbnail

Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

Combined, it has come to a point where data analytics is your safety net first, and business driver second. Not just banking and financial services, but many organizations use big data and AI to forecast revenue, exchange rates, cryptocurrencies and certain macroeconomic variables for hedging purposes and risk management.