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CarMax drives business value with GPT-3.5

CIO Business Intelligence

Generative AI such as ChatGPT has of late captured the imagination of business leaders across industries. While enterprise IT orgs by and large are taking a measured approach , some early movers are showing impressive results. CarMax’s IT team, for one, has been working with Microsoft and OpenAI to leverage GPT-3.x

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What Is Enterprise Performance Management?

Jedox

With that approach, department managers such as sales, HR, and operations had to create their own subset or personal interpretation of the financial plan. Target setting for select business drivers. Measurement of success and re-forecasting. Analysis and calculation of major KPIs. discounts, allocations, growth, etc.).

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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.

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Using Data to Adapt Your Workforce

Sisense

Alastair Schirmer, head of technology and partnerships at LiveHire, says organizations that continue to drive a hiring agenda and accelerate adoption of solutions for workforce wellbeing and mental health will be the ones that create long term engagement, and a connected workforce, which can make or break business operations into the future.

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Five Types of Budgets: Which One is Right for You

Jet Global

They aren’t yet well-known in the marketplace, and their product requires a highly consultative sales process. As such, business leaders must be careful not to take the principles of ABB too far. For example, consider a ski resort business in which early-season and late-season business are especially dependent on weather conditions.

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Invest in a Data Culture or Fall Behind: Q3 2021 State of Data Culture Report

Alation

Within the organization, Operations and Sales continue to be the biggest proponents of data across all data culture tiers. At top-tier organizations, two key business drivers for data and analytics priorities emerge: Product innovation and operational efficiency are the two most popular reasons for pursuing a data culture.

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The Digital Transformation of your Planning Process

Jedox

Digitalization brings technological improvement but not a huge business value. Planning processes require collaboration, business logic policy and data integration. The maturity level for digital transformation can be measured by examining the following areas: Collaboration. Business (planning) logic.