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IT spending projected to grow despite economic headwinds

CIO Business Intelligence

Plummeting sales of printers and PCs and a growing inflation crisis aside, IT spending will remain strong through 2022, rising 3% year-over-year to a total of $4.5 for server spending will go some way to offset the projected 5% drop in PC, tablet and printer sales, Gartner’s predictions indicated. in 2022, according to Gartner.

IT 144
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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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6 ecommerce trends to watch

IBM Big Data Hub

Some forecasts suggest online retail might be responsible for half of all retail revenues by next year. In what McKinsey refers to as “the e-commerce catch-22,” many retailers with significant growth in ecommerce sales through 2020 and 2021 saw their margins decline.

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Exploring the CFO’s Role in Business Continuity

Jet Global

In just a few short weeks, many companies’ sales forecasts have been rendered obsolete. Frequent updates based on real-time data provide an up-to-the-minute view of key metrics. Start with key make-or-break assumptions such as sales forecasts, receivables, cash flow, and the reliability of your supply chain.

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The Art and Science of FP&A Storytelling

Timo Elliott

With advanced analytics, flexible dashboarding and effective data visualization, FP&A storytelling has become both an art and science. First, because uncertainty exploded. Business people want more data than ever. It’s now about using data for survival in the present and new business models in the future.

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5 Tips to Manage Cash Flow Pressures

Jet Global

Sales of toilet paper, pasta, and hand sanitizer spiked as consumers rushed to stock up. Online sales increased, while revenues for restaurants, airlines, and hotels plummeted. Analysts in the finance and accounting department need to dig deeper into the assumptions that drive sales forecasts. Forecast Frequently.

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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