Remove Data-driven Remove Forecasting Remove Risk Remove Uncertainty
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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy.

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

The Unofficial Google Data Science Blog

by THOMAS OLAVSON Thomas leads a team at Google called "Operations Data Science" that helps Google scale its infrastructure capacity optimally. 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.

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Building Tax Planning into Enterprise Risk Management Strategies

Jet Global

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Take Responsibility for Risk Oversight. Take Responsibility for Risk Oversight.

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Sound Decisions in Dynamic Times – Forecasts and Simulations Support Modern Corporate Management

BI-Survey

Markets and competition today are highly dynamic and complex, and the future is characterized by uncertainty – not least because of COVID-19. This uncertainty is currently at the forefront of everyone‘s minds. This results in growing competitive pressure, driven by innovation, complexity and changing social and political conditions.

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Sound Decisions in Dynamic Times – Forecasts and Simulations Support Modern Corporate Management

BI-Survey

Markets and competition today are highly dynamic and complex, and the future is characterized by uncertainty – not least because of COVID-19. This uncertainty is currently at the forefront of everyone‘s minds. This results in growing competitive pressure, driven by innovation, complexity and changing social and political conditions.

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IT spending projected to grow despite economic headwinds

CIO Business Intelligence

The 3% increase in total IT spending represents slower growth than in 2021, as the economy as a whole and the IT sector in particular began to recover from the effects of the pandemic, and growth will largely be driven by cloud services and the data center, Gartner said. Cloud Computing, Data Center, Technology Industry

IT 125
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Why Construction Businesses Should Track KPIs to Conquer Economic Uncertainty

Jet Global

However, the construction industry includes a plethora of non-financial data points to track – are projects being delivered on time? Due to the Infrastructure Investment and Jobs Act of 2022 in the United States, nonresidential construction is expected to continue expanding despite expected uncertainty in 2023. Why Track KPIs?