CIO Business Intelligence

FEBRUARY 15, 2024

In the age of digital transformation, the CIO’s role is increasingly central to business, focused on driving growth and establishing a new digital culture across the organization. But without the full support of the CEO, a CIO’s innovation and digital transformation agenda will only go so far.

Strategy 110

Strategy Digital Transformation Cost-Benefit Forecasting 110

bridgei2i

FEBRUARY 21, 2019

Monideepa Bhattacharya, Digital Transformation Lead, BRIDGEi2i Analytics Solution, delivered the keynote presentation at Infocom-2018, Kolkata. In the journey of enterprises, digital transformation encompasses customer experience, improving operational efficiency and monetizing data for newer digital business models.

Digital Transformation 66

Digital Transformation Analytics Sales KPI 66

CIO Business Intelligence

APRIL 30, 2024

AI, including Generative AI (GenAI), has emerged as a transformative technology, revolutionizing how machines learn, create, and adapt. IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1

Forecasting 93

Forecasting Optimization Advertising IoT 93

Smarten

NOVEMBER 6, 2019

How Can My Business Begin Digital Transformation? If you read industry and technology journals, you have probably seen the term, ‘digital transformation’. In short, transforming business users into Citizen Data Scientists is a great place to start your digital transformation initiative.

Digital Transformation 40

Digital Transformation Analytics Forecasting Machine Learning 40

Jet Global

JULY 21, 2022

The report found that while two thirds of finance teams are deep into their digital transformation journeys, accelerated by the pandemic, the final leg of their digitization journey is proving to be more challenging than expected because of expanding responsibilities. CCgroup for insightsoftware. insightsoftware@ccgrouppr.com.

Digital Transformation 52

Digital Transformation Finance Reporting Interactive 52

Jedox

APRIL 10, 2019

Whether saving costs or improving revenue, FP&A digital transformation projects must provide strong gains in productivity and effectiveness. Jedox conducted a global Survey with ACCA and discovered only 35% of organizations have a digital transformation roadmap in place. There are many reasons.

Digital Transformation 42

Digital Transformation Risk Finance Sales 42

CIO Business Intelligence

APRIL 9, 2024

Previously head of cybersecurity at Ingersoll-Rand, Melby started developing neural networks and machine learning models more than a decade ago. When Melby took on the role of CIO, he saw an organization that was seriously in need of digital transformation. Artificial Intelligence, Digital Transformation, Utilities Industry

Digital Transformation 90

Digital Transformation Machine Learning Data Lake Software 90

CIO Business Intelligence

JANUARY 4, 2023

Experts point to Southwest’s point-to-point operating model as problematic in recovering from major weather issues compared to the hub-and-spoke model used by many major airlines. Are you investing enough in digital transformation? And how much are they investing in their digital transformation?

Digital Transformation 136

Digital Transformation Software Technology Modeling 136

CIO Business Intelligence

MARCH 14, 2024

As businesses digitally transform, technology is increasingly integrated into every activity, and the CIO is becoming more of a catalyst for data-driven value creation through analytics, new AI model training, software development, automation, vendor engagement, and more.

Digital Transformation 87

Digital Transformation Sales Forecasting Data Lake 87

CIO Business Intelligence

APRIL 26, 2023

The SAP Innovation Awards celebrate customers and partners who are exploring new ideas and business models to deliver real-world innovation: Empowering Women-Owned Businesses : WEConnect International helps women-owned organizations gain access to over US$3 billion in global purchasing power. Digital Transformation

Digital Transformation 87

Digital Transformation Forecasting Data-driven Optimization 87

CIO Business Intelligence

SEPTEMBER 20, 2023

But speaking to many IT leaders, there are often gaps between how IT runs Scrum, Kanban, or other agile practices and what CIOs need in order to achieve digital transformation objectives. Their comments offer insights as to what to do if your teams are “doing agile” but aren’t agile enough to deliver digital transformation results.

Digital Transformation 126

Digital Transformation Uncertainty Metrics Business Objectives 126

CIO Business Intelligence

JANUARY 11, 2024

Accenture on Wednesday said it is acquiring digital transformation services provider Navisite in an effort to boost its cloud transformation business. The global end-user spending on public cloud services is forecast to grow 20.4% billion in 2024, up from $563.6 billion in 2023, according to a report from Gartner.

IT 106

IT Consulting Digital Transformation Manufacturing 106

CIO Business Intelligence

MAY 8, 2024

In about six months, Expion’s two AI developers created ExpionIQ Advisor, a tool that uses linear regression, multiple algorithms, and custom-built AI models to automate prescription RFPs. Now, if the model is drifting away, we get alerted automatically, and we fix it.” In the past, anybody could make a mistake easily.

IT 95

IT Cost-Benefit Insurance Unstructured Data 95

DataRobot

OCTOBER 18, 2021

How will the need for control affect the success of digital transformation and organizational change? There is a wealth of research showing again and again that evidence-based algorithms are more accurate than forecasts made by humans. Solving algorithm aversion is a key to successful digital transformation.

Forecasting 145

Forecasting Digital Transformation Cost-Benefit Data-driven 145

CIO Business Intelligence

MAY 14, 2024

Enterprises need to ensure that private corporate data does not find itself inside a public AI model,” McCarthy says. You don’t want a mistake to happen and have it end up ingested or part of someone else’s model. The excitement and related fears surrounding AI only reinforces the need for private clouds.

IT 136

IT Data Processing Enterprise Modeling 136

CIO Business Intelligence

NOVEMBER 17, 2023

Over a period of six months, we created an entirely new demand forecasting model, leveraging the capabilities in the cloud,” he says by way of example. They are quite sensitive particularly about not putting into some of those models confidential information, which could then be out there permanently.”

Forecasting 129

Forecasting Consulting Data-driven Digital Transformation 129

CIO Business Intelligence

DECEMBER 1, 2022

Tapped to guide the company’s digital journey, as she had for firms such as P&G and Adidas, Kanioura has roughly 1,000 data engineers, software engineers, and data scientists working on a “human-centered model” to transform PepsiCo into a next-generation company. billion in revenue. Not likely,” Powers says.

Digital Transformation 127

Digital Transformation IoT Data-driven KPI 127

Cloudera

AUGUST 3, 2021

Consider that e-commerce’s acceleration due to the pandemic saw retailers’ digital sales penetration realize 10 years of growth in just the first three months of 2020 alone. . The last eighteen months is causing supply chain forecasters to rethink the definition and incorporate risk into the planning process. .

Analytics 108

Analytics Digital Transformation Risk Forecasting 108

IBM Big Data Hub

APRIL 26, 2023

The integrated solution plays a role in reporting, analysis, planning and forecasting. Keeping it small, keeping it connected The first tools Jabil implemented were Cognos Controller and TM1 (now rebranded as Planning Analytics with Watson) as part of an overall finance transformation. We can’t even see where the bar used to be.”

Business Analytics 84

Business Analytics Reporting Analytics Finance 84

Sisense

DECEMBER 3, 2019

The first wave of digital transformations saw a dramatic decrease in data storage costs. At Sisense, we see the rise of AI and a multicloud world accelerating the next wave of digital transformation, helping organizations reimagine their business and drive innovation, adoption, and value from data in the digital era.

Data Warehouse 90

Data Warehouse Analytics Digital Transformation Forecasting 90

Rocket-Powered Data Science

MARCH 19, 2021

The vast scope of this digital transformation in dynamic business insights discovery from entities, events, and behaviors is on a scale that is almost incomprehensible. Now things are the Internet.”. RFID), inventory monitoring (SKU / UPC tracking).

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

IBM Big Data Hub

JANUARY 9, 2024

An IDC survey forecasting the primary reasons for an increase in enterprise storage spending in 2023 cites, “greater data protection needs” was the most selected primary driver by IT decision makers. This is what the “fit-for-purpose” model of XaaS is out to achieve.

Digital Transformation 73

Digital Transformation Business Driver Optimization Strategy 73

Cloudera

JANUARY 30, 2024

Demand forecasting: AI can be used to forecast demand for products based on historical data, trends, and external factors such as weather, holidays, seasonality, and market conditions. Yet Gartner reports that only eight percent of industrial organizations say their digital transformation initiatives are successful.

Manufacturing 77

Manufacturing Contextual Data IoT Digital Transformation 77

Jedox

JANUARY 29, 2019

In today’s organizations, the role of financial controlling or FP&A is not only to provide financial insights so business partners can make better decisions, but it is also to lead the way towards a more mature use of analytics technology including predictive analytics for sales forecasting. Predictive Analytics for Sales Forecasting.

Predictive Analytics 41

Predictive Analytics Forecasting Sales Analytics 41

Smart Data Collective

JULY 9, 2021

It also helps with creating a solid hiring model. There are a lot of challenges that employees face when they try to forecast future staffing needs. Choosing the right staffing model. There are different staffing models available to companies. A data-driven approach to choosing a staffing model can be very helpful.

Data Analytics 128

Data Analytics Management Analytics Big Data 128

Jedox

DECEMBER 28, 2021

Historically, financial planning & analysis has centered around tasks such as planning, budgeting, forecasting, and performance management. Digital transformation provides the heightened capacity for collaboration and cross-functional planning, resulting in more flexibility, agility, and resilience. Transformation.

Digital Transformation 97

Digital Transformation Finance Machine Learning Forecasting 97

AWS Big Data

APRIL 26, 2023

The main requirement is to have an automated, transparent, and long-term semiconductor demand forecast. Additionally, this forecasting system needs to provide data enrichment steps including byproducts, serve as the master data around the semiconductor management, and enable further use cases at the BMW Group.

Manufacturing 119

Manufacturing Forecasting Data Lake Big Data 119

Jedox

SEPTEMBER 3, 2020

Many pre-crisis business assumptions and planning models became outmoded overnight. The room for poor assumptions and missed forecasts shrank. In response, there is a need to accelerate digital transformation for business survival. This placed an acute spotlight on planning agility.

Uncertainty 81

Uncertainty Forecasting Digital Transformation Risk 81

IBM Big Data Hub

MAY 17, 2024

Poorly run implementations of traditional or generative AI in commerce—such as models trained on inadequate or inappropriate data—lead to bad experiences that alienate consumers and businesses. AI models analyze vast amounts of data quickly and accurately.

B2B 58

B2B Interactive Optimization Forecasting 58

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% The message to CIOs is to do more with less, and the implication is that CIOs must look at digital transformation initiatives differently than in years past.

Digital Transformation 144

Digital Transformation Data Governance Experimentation Machine Learning 144

CIO Business Intelligence

MARCH 10, 2023

Ventura points to examples like ingredient traceability and using machine learning (ML) to automate forecasting, which in turn helps the company minimize waste. To support its innovation around analytics and AI, Unilever has adopted a hybrid model. Artificial Intelligence, Digital Transformation

Forecasting 105

Forecasting Data Lake Machine Learning Digital Transformation 105

CIO Business Intelligence

NOVEMBER 22, 2022

A model like the HPE Digital Journey Map offers a simplified representation of the digital transformation system intended to promote understanding of the real system and to seek answers to specific questions about the system. Digital Transformation, IT Leadership

Digital Transformation 80

Digital Transformation Strategy Marketing Data Processing 80

CIO Business Intelligence

MARCH 16, 2022

COVID was a catalyst for digital transformation in healthcare, possibly more than for any other industry. CIO Middle East: To what degree are hospitals in the UAE in a process of digital transformation – using IT to fundamentally change the way they work?

Technology 100

Technology Digital Transformation Business Intelligence Data Warehouse 100

CIO Business Intelligence

MARCH 9, 2022

Our digital transformation has allowed us to be more streamlined, more agile, and more efficient. Etihad is on a digital transformation journey. Etihad made a decision to unify their data modeling and analytics , choosing Dataiku’s end-to-end machine learning platform to do so. A change was needed. Talal Mufti.

Data Science 88

Data Science Data Lake Cost-Benefit Digital Transformation 88

CIO Business Intelligence

AUGUST 30, 2022

Data has always been central to agile business planning, forecasting and analysis – all tools which have become central to the modern CFO role. It also has a pre-built financial data model that’s ready to receive and structure data to enable controlled, user-friendly access.

Data-driven 81

Data-driven Finance Digital Transformation Operational Reporting 81

CIO Business Intelligence

JUNE 1, 2022

The company is applying winning insights from rapid, data-driven, evolutionary models versus relying on engine speed and aerodynamics alone to win races. Cloud-connected cars are now commonplace in the mainstream connected car market that is forecast to surpass $166 billion by 2025. billion by 2030. billion by 2030.

Manufacturing 103

Manufacturing Digital Transformation Predictive Analytics Strategy 103

BizAcuity

JUNE 3, 2022

Their seamless digital transformation included having to change the way they operated their stores. Demand forecasting: Several businesses use demand forecasting to stay prepared and ahead of unprecedented market challenges. From sourcing, production, staff requirement, and strategy are all dependent on demand forecasts.

Data Analytics 59

Data Analytics Analytics Forecasting Predictive Analytics 59