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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. In challenging times, tough measures are often required.

IT 82
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What are decision support systems? Sifting data for better business decisions

CIO Business Intelligence

Decision support systems definition A decision support system (DSS) is an interactive information system that analyzes large volumes of data for informing business decisions. A DSS leverages a combination of raw data, documents, personal knowledge, and/or business models to help users make decisions. Data-driven DSS.

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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.

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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.” 3 Climate Science Special Report: Fourth National Climate Assessment, Volume I. degrees Celsius (2.66

Modeling 123
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Boost Data Literacy to Overcome Skills Shortages

Jet Global

This means finance is saddled with providing timely planning, forecasting, and reporting that informs business decisions in the moment. When you think about skills shortages, investing in data literacy isn’t the first action that comes to mind. Inability to Access Required Data.

Finance 52
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Operational Finance in the Age of Covid-19: Time to Change the Basics?

Jet Global

The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. By finely tuning its AR reporting capabilities, a business can enjoy greater financial stability and predictability – something much needed in the current climate.

Finance 98
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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. All of these present challenges for IT professionals within their day-to-day activities in data centers. With outdated and inefficient equipment, valuable resources and energy are being wasted in data centers.