Remove Data-driven Remove Forecasting Remove Measurement Remove Uncertainty
article thumbnail

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. In challenging times, tough measures are often required.

IT 98
article thumbnail

Redefining the consumer experience: Diageo partners with SAP and IBM on global digital transformation

IBM Big Data Hub

In an era of evolving consumer preferences and economic uncertainties, the beverage industry stands as a vibrant reflection of changing trends and shifting priorities. Data-driven insights and informed decision-making As with any transformative endeavor, data and data-driven insights will be paramount in Diageo’s journey.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Climate change predictions: Anticipating and adapting to a warming world

IBM Big Data Hub

These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. 5 The Global Disaster Preparedness Center recommends policymakers and others adopt a range of measures to help their regions adapt to higher heat. millimeters (0.1 inches) per year to 3.4

Modeling 123
article thumbnail

How data and analytics can help businesses stay ahead in uncertain times

Data Insight

During these unprecedented times, it’s more important than ever for businesses to be data-driven. Analysis and data, can help businesses understand and respond to market changes, and predict and plan for how things may change in the future. We’ve outlined the four key data-driven phases that businesses should be considering.

article thumbnail

Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

Not only have finance teams had to close companies’ books remotely, but they’ve also been required to provide the insight and information needed for some extremely complex decision-making, and continuously plan and forecast for events with little or no historical context. Tip 3: Make decisions with operational data.

Finance 98
article thumbnail

5 Tips to Manage Cash Flow Pressures

Jet Global

Analysts in the finance and accounting department need to dig deeper into the assumptions that drive sales forecasts. Be prepared to challenge any data points in the cash flow projection that are driven by an assumption that “business as usual“ will return quickly. Forecast Frequently. Re-Visit CapEx Decisions.

article thumbnail

How Skullcandy Uses Predictive and Sentiment Analysis to Understand Customers

Sisense

Mark’s team is constantly adapting to and meeting the challenges of a rapidly evolving business using cloud technologies, real-time analytics, data warehousing, and virtualization. What if we could use this data to focus our resources and deliver better products? Using Sentiment Analytics to Inform New Product Design Decisions.