CIO Business Intelligence

OCTOBER 23, 2024

When I joined in July 2022, the company had spent the prior 24 months completing more than 20 acquisitions, and the IT team was busy bringing all these new systems online. We had plenty of reporting, but very little data insight, and no real semblance of a data strategy. What’s driving this investment? How is the new platform helping?

Enterprise 119

Enterprise Dashboards KPI Data Lake 119

Jedox

DECEMBER 28, 2021

Historically, financial planning & analysis has centered around tasks such as planning, budgeting, forecasting, and performance management. With this forward-thinking mindset, I present the top 7 FP&A trends for 2022. Smart FP&A professionals will consider it a part of their overall 2022 strategy. Automation.

Digital Transformation 97

Digital Transformation Finance Machine Learning Forecasting 97

Smarten

FEBRUARY 19, 2025

In order to do this, the team must have a dependable plan and be able to forecast results and create reasonable objectives, goals and competitive strategies. Forecasting and planning cannot be based on opinions or guesswork. billion USD in 2022 and is expected to reach $38 billion USD by 2028.

Predictive Analytics 64

Predictive Analytics Analytics Predictive Modeling Forecasting 64

CIO Business Intelligence

NOVEMBER 2, 2023

Yet, controlling cloud costs remains the top challenge IT leaders face in making the most of their cloud strategies, with about one third — 35% — of respondents citing these expenses as the No. Additionally, ADP’s management plan ensures all IT managers get daily reports and forecasts of cloud use to stay on top of the cloud spending.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

CIO Business Intelligence

JULY 10, 2024

As organizations worldwide prepare to spend over $40 billion in core IT (technology budgeted and overseen by central IT) on GenAI in 2024 (per IDC’s Worldwide Core IT Spending for GenAI Forecast, 2023-2027 , January 2024), there’s an urgent need to manage the risks associated with these investments.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

AUGUST 2, 2022

billion in 2022, up by 19.5% This is because other technology improvements—such as modernization of integration strategy, distributed cloud storage, and spending on cloud-native applications—to achieve business architecture composability is taking precedence over automation or process efficiency demands, the company said.

Software 122

Software Forecasting Sales ROI 122

CIO Business Intelligence

SEPTEMBER 14, 2022

As organizations accelerate their cloud migrations, they need both a strategy and a strategic partner, according to the Foundry 2022 Cloud Computing Study. The partnership capabilities they are most seeking include security expertise, better cloud management capabilities, and strategic guidance on overall cloud strategy or a roadmap.

Strategy 97

Strategy Business Objectives Forecasting Risk 97

CIO Business Intelligence

JUNE 7, 2024

American utility and power company AES launched a renewable energy program in mid-2022 that is not only reducing its carbon footprint but adding wealth to its coffer. The project, dubbed Farseer AI Generation Forecasting and Market Automation Program, was developed by a handful of AES data scientists in partnership with Google.

IT 128

IT Forecasting Machine Learning Modeling 128

datapine

DECEMBER 11, 2019

billion by 2022—a level of growth that will shape SaaS trends in 2020. Today, most companies are in the process of implementing various business intelligence strategies, turning to SaaS BI tools to assist them in their efforts. SaaS Industry is forecasted to reach $55 billion by 2026. 2) Vertical SaaS.

Software 314

Software Cost-Benefit Data-driven Data Processing 314

CIO Business Intelligence

MARCH 22, 2022

March 2022. He has assisted the top management in planning IT strategies and leveraging technologies for rationalizing manpower, enhancing organizational productivity, and improving the efficiency of operations. February 2022. January 2022. He will also plan and implement the company’s IT and digital strategy.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

CIO Business Intelligence

JUNE 1, 2023

While these developments present exciting opportunities, it’s vital businesses also ensure they have a robust resiliency strategy in place. According to the 2023 Veeam Data Protection Trends Report, 85% of respondents said they had been hit with ransomware attacks at least once in 2022. Find out more on the Veeam website. [1]

Enterprise 111

Enterprise Digital Transformation Forecasting Big Data 111

CIO Business Intelligence

OCTOBER 9, 2024

Given supply chain complexities involving workforce capacity, demand forecasting, supply and transportation planning, and inventory and maintenance management, Petrobras was compromised by siloed and disparate data, information gaps, and broken end-to-end (E2E) processes. That hasn’t always been easy.

Forecasting 123

Forecasting Risk Consulting Optimization 123

CIO Business Intelligence

FEBRUARY 13, 2023

At the same time, they are defunding technologies that no longer contribute to business strategy or growth. Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This should secure our business strategy for the next five years and longer.”

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

MAY 4, 2022

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. The State of the CIO report found that 59% of CIOs are planning to spend more in 2022 than they did in 2021. Top 10 business needs driving IT spend.

IT 135

IT Business Driver Reporting Uncertainty 135

CIO Business Intelligence

JULY 10, 2024

The acquisition aligns with Accenture’s strategy of addressing the growing demand in the semiconductor market, driven by the proliferation of data centers, AI, and edge computing, the companies said. The potential upside for Accenture is large: Gartner forecasts the global semiconductor market will grow 16.8%

Consulting 111

Consulting Data-driven Forecasting Software 111

CIO Business Intelligence

JANUARY 15, 2024

Bernaert cited differences of opinion over governance as the reason for his departure: He disagreed with the board about the need for recent changes in the company’s strategy, and the way they were executed. However, it expects to miss its free cash flow forecast of negative €1 billion, falling a further €100 million short.

Uncertainty 111

Uncertainty Sales Finance Forecasting 111

CIO Business Intelligence

NOVEMBER 13, 2023

Other forms of personalization, such as AI-driven recommendations, can more than quintuple conversion rates 4 and dynamic pricing strategies can increase sales by 2–5%. May 2022. [2] May 2022. [2] Strategy, Tactics and Benefits , June 2023. [6] and order value by 61% while reducing returns by 40%.

Cost-Benefit 131

Cost-Benefit Sales Data-driven Statistics 131

CIO Business Intelligence

MAY 23, 2024

billion in 2022, more than three times that in 2018 [3], while the total global business value derived from AI is forecast to reach $3.9 Not only does this require highly specific, high-demand skill sets, it may also call for specialized IT infrastructure and software tools—not to mention a sound data strategy.

Machine Learning 111

Machine Learning Forecasting Business Intelligence Software 111

CIO Business Intelligence

SEPTEMBER 2, 2022

According to IDC’s 2022 Artificial Intelligence Spending Guide , global AI spending reached $88.6 billion in 2021, and it is forecast to grow at a compound annual growth rate (CAGR) of 25.6% over the 2021–2025 period.

Forecasting 98

Forecasting Data Governance Big Data Strategy 98

CIO Business Intelligence

SEPTEMBER 2, 2022

According to IDC’s 2022 Artificial Intelligence Spending Guide , global AI spending reached $88.6 billion in 2021, and it is forecast to grow at a compound annual growth rate (CAGR) of 25.6% over the 2021–2025 period.

Forecasting 98

Forecasting Data Governance Big Data Strategy 98

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. In 2022, 20% of all customer contact with the hotel giant’s 6,100 properties went through digital channels, compared to 4% the previous year.

Forecasting 132

Forecasting Consulting Data-driven Business Objectives 132

CIO Business Intelligence

DECEMBER 19, 2022

In short, Broadcom sees cloud sovereignty as extremely important to the future of data management, and we see VMware, with its multi-cloud strategy and offerings, as being a key enabler in the adoption of sovereign clouds. Each of Broadcom and VMware may also file other relevant documents with the SEC regarding the proposed transaction.

Uncertainty 138

Uncertainty Risk Data-driven Reporting 138

CIO Business Intelligence

OCTOBER 21, 2022

Chipotle’s digital business in 2022 was $3.5 Part of the strategy and policy that we put in place in early 2016 around the cloud was that the closer we were to the consumer experience, the more we could abstract from that consumer experience and leverage cloud and commodity services.”

Digital Transformation 145

Digital Transformation Data Lake Forecasting Technology 145

DataRobot Blog

MAY 3, 2022

As the Formula 1 Miami Grand Prix culminates on May 8, 2022, it’s not likely to be snowing. The forecast calls for sunny skies and temperatures between 68? (20?) To make laser-sharp predictions, McLaren’s Formula 1 drivers and team members use DataRobot automated time series capabilities to forecast air and track temperatures.

Forecasting 105

Forecasting Strategy Data-driven Machine Learning 105

CIO Business Intelligence

JUNE 20, 2022

1, 2022, to lead the company through the latest in a series of transformations, has nominated two deputy CEOs to lead the two new businesses, and has resigned, effective by the end of September. It will be led by Philippe Oliva, who joined in April 2022 from Eutelsat (also Belmer’s former employer). billion) in 2022 to a low of €4.1

IT 98

IT Data Processing Forecasting Big Data 98

DataRobot Blog

JUNE 1, 2022

Join DataRobot and leading organizations June 7 and 8 at DataRobot AI Experience 2022 (AIX) , a unique virtual event that will help you rapidly unlock the power of AI for your most strategic business initiatives. Explore nine great reasons to join DataRobot AIX 2022. AI Success Stories from Global Organizations.

Machine Learning 119

Machine Learning Data-driven Risk Management Risk 119

CIO Business Intelligence

JANUARY 11, 2024

The global end-user spending on public cloud services is forecast to grow 20.4% On Tuesday, the company also said it has completed the acquisition of management consultancy Vocatus , which uses behavioral economics modeling to develop pricing strategies and sales concepts for business-to-business and business-to-consumer models.

IT 116

IT Consulting Digital Transformation Manufacturing 116

Jet Global

NOVEMBER 8, 2021

Technology analyst firm Gartner describes finance transformation as a process of “re-envisioning the finance function to align with the overall company strategy.” It won’t have the luxury of setting a single strategy and following a linear path irrespective of the world at large.”. What Exactly Is “Finance Transformation” Anyway?

Finance 52

Finance Predictive Analytics Reporting Uncertainty 52

Jedox

JANUARY 3, 2023

Even in a highly uncertain environment, organizations can adapt more easily by conducting more frequent financial forecasts, modeling multiple scenarios , integrating external data sources, and building closer collaboration between the business and FP&A teams. Integrated business planning creates more meaningful collaboration.

Uncertainty 83

Uncertainty Forecasting Finance Data-driven 83

CIO Business Intelligence

DECEMBER 13, 2023

The company is focusing on automating financial processes so workers can concentrate on the strategic aspects of their businesses, said Dan Brown, Certinia’s chief product and strategy officer, in a conference call to present the new release to press and analysts.

Finance 101

Finance Forecasting Uncertainty Sales 101

CIO Business Intelligence

DECEMBER 15, 2023

Global spend on AI, including software, hardware, and services for AI-centric systems, is predicted to more than double between 2023 and 2026, according to the latest forecasts from IDC. This increase will see AI spend reach $154 billion in 2023 and increase to well over $300 billion by 2026.

Forecasting 122

Forecasting Data-driven Technology Data Science 122

AWS Big Data

OCTOBER 9, 2024

We outline cost-optimization strategies and operational best practices achieved through a strong collaboration with their DevOps teams. Background In early 2022, a business unit of a global financial services provider began their journey to migrate their customer solutions to AWS. This sped up their need to optimize.

Optimization 123

Optimization Testing Data-driven Strategy 123

CIO Business Intelligence

JANUARY 19, 2024

The US Bureau of Labor Statistics (BLS) forecasts employment of data scientists will grow 35% from 2022 to 2032, with about 17,000 openings projected on average each year. You should also have experience with pattern detection, experimentation in business optimization techniques, and time-series forecasting.

Data Science 126

Data Science Machine Learning Predictive Modeling Forecasting 126

CIO Business Intelligence

SEPTEMBER 15, 2023

Forecast demand Aggregating demand for IT services is the single most impactful lever companies have at their disposal when looking to negotiate with their IT services partners for improved terms and cost reductions. The bottom line Optimizing your IT services portfolio is a process, not a singular project or event.

Optimization 111

Optimization IT Metrics Marketing 111

Smart Data Collective

SEPTEMBER 13, 2022

A growing number of people are using machine learning to perfect their stock trading strategies. Machine learning technology helps them forecast changes in asset prices based on various factors that have been proven to be correlated with financial market activity. The securities markets are some of the biggest examples.

Machine Learning 111

Machine Learning Forecasting Software Technology 111

CIO Business Intelligence

FEBRUARY 1, 2023

A 2022 survey of 850 IT leaders by Foundry found more than two-thirds were accelerating their cloud migration and nearly three-quarters (72%) were defaulting to cloud-based services for upgrades or new IT purchases. Lacking a clear strategy determined by business objectives. What type of cloud computing strategy should you use?

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

CIO Business Intelligence

SEPTEMBER 26, 2023

By applying AI /ML, it forecasts energy and emissions so you can be proactive about meeting your sustainability goals. 1 Gartner, “ Market Guide for AIOps Platforms ,” Pankaj Prasad, Padraig Byrne, and Gregg Siegfried, May 30, 2022 GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S.

IT 138

IT Key Performance Indicator Software Metadata 138