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What is Integrated Business Planning (IBP)?

IBM Big Data Hub

By having real-time data at their fingertips, decision-makers can adjust their strategies, allocate resources accordingly, and capitalize on the unexpected spike in demand, ensuring customer satisfaction while maximizing revenue. Data integration and analytics IBP relies on the integration of data from different sources and systems.

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What is zero-based budgeting?

IBM Big Data Hub

Zero-Based Budgeting (ZBB) is like solving a financial puzzle. Instead of relying on the previous year’s budget, ZBB requires you to evaluate and justify every expense from the ground up, justifying its necessity and alignment with strategic goals. Learn more about IBM Planning Analytics What is Zero-Based Budgeting?

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Revolutionizing the consumer goods industry with integrated business planning

IBM Big Data Hub

However, their manual planning and budgeting process in spreadsheets posed several challenges, including lack of control, delayed data, poor execution, and the need for continuous follow-up with IT for actual data. They faced obstacles such as a prolonged budget process, manual forecasting, and no product profitability.

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Cloud Analytics Powered by FinOps

Cloudera

The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management. The decentralized resource provisioning approach, foundational to cloud solutions and infrastructure, faces a big challenge when it comes to governing the costs of on-demand resource allocation/utilization.

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Supply chain visibility in the energy and utilities industry

IBM Big Data Hub

But with the right tools, tactics and collaboration, it doesn’t have to be this way. However, maintenance inventory optimization is only part of the solution. Optimize spares inventories and consolidates across regions and distribution centers. For the energy and utilities industry (E&U), time is not on their side.

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Rallying troops against cybercrime with QRadar SIEM

IBM Big Data Hub

However, these teams often lack the expertise, skills and resources to effectively combat increasingly sophisticated threats and provide the required security armour. Driven by accelerated hybrid cloud adoption and digital transformation efforts, the region is currently a beacon of innovation and a battleground for cyberthreats.

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Enterprise Performance Management: How It’s Evolved

Jedox

This week we are pleased to welcome one of our valued Jedox Partners in the USA as a guest to the Jedox Blog. While EPM is not a just a piece of software, a robust EPM software solution is a crucial part of improving the EPM process and making it as efficient and effective as it can be. Is EPM a methodology or a tool?