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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

The pressure is on to navigate economic uncertainty. growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. All things related to maintaining the systems to land, expand, and renew business at forecasted volumes are no brainers.

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Why Rolling Forecasts Are a “Must”!

Jet Global

In periods of great uncertainty, organizations forecast more frequently in the hope that it will give them a better handle on their trading prospects, levels of activity, and resources needed for the coming months. The forecasting wheel is turning faster and faster, but the process hasn’t changed materially.

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

However, there are even more important benefits of using big data during a bad economy. As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data offers many benefits for companies in any economy. Some of these benefits include the following.

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Accenture to lay off 19,000 to cut costs amid economic uncertainty

CIO Business Intelligence

of its workforce, over the next 18 months to reduce costs amid uncertain macroeconomic conditions. The job cuts reflect stabilizing demand, following explosive post-pandemic growth, and prudent cost management, according to Ignacio Rasero, vice president for Moody’s Investors Service. billion to $16.7 billion to $16.7

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Managing Seasonal Fluctuations in Retail with Analytics

Smart Data Collective

One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. Understanding the dynamics of seasonal shifts is crucial for companies to operate efficiently, reduce costs, and maximize profits. Businesses must forecast demand accurately to ensure supply can meet demand.

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SAP’s new generative AI pricing: Neither transparent nor explainable yet

CIO Business Intelligence

Premium Plus includes access to sustainability insights derived from business processes’ carbon footprints and financial costs (SAP’s “ green ledger ”), new generative AI capabilities accessed through its Joule virtual assistant, improved forecasting, and the ability to create a portal for suppliers to simplify spend management.

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Unlock sustainability and efficiency with Dell APEX

CIO Business Intelligence

In today’s uncertain economic landscape, it is no surprise that organizations are driven to optimize business costs. The traditional procurement cycle often requires early forecasting of IT infrastructure, which can be challenging due to uncertainties in technology advancement and business growth. Actual Results will vary.