CIO Business Intelligence

NOVEMBER 4, 2024

Following Broadcom’s late 2023 acquisition of VMware, numerous changes prompted customers and partners to reassess their strategies. operator of 28 hotel and casino properties across the US, was negotiating a fresh enterprise agreement with VMware prior to its acquisition, reported The Register. I think we’re going to see more of that.

IT 124

IT Forecasting Strategy Testing 124

IBM Big Data Hub

JULY 25, 2023

Independent research firm Verdantix recently identified IBM as a leader in their report, “ Green Quadrant: ESG Reporting and Data Management Software ” (July 17, 2023), which evaluated and provided a detailed assessment of solution providers and their product offerings.

Software 56

Software Reporting Management Data Quality 56

CIO Business Intelligence

FEBRUARY 28, 2024

Saleh announced preliminary financial results for 2023 during the conference call. Group revenue for 2023 totaled €10.7 year on year and in line with the company’s previous forecasts. billion (about $11.6 billion), up 0.4% Tech Foundations accounted for €5.6 billion of that, down 1.7%

IT 119

IT Forecasting Consulting Sales 119

CIO Business Intelligence

JANUARY 15, 2024

Atos CEO Yves Bernaert has quit; The board immediately replaced him with Paul Saleh, CFO of the company since August 2023. Former Accenture executive Bernaert took over in October 2023, replacing caretaker CEO Nourdine Bihmane, who then returned to his post as leader of Tech Foundations, the business Atos still hopes to sell.

Uncertainty 111

Uncertainty Sales Finance Forecasting 111

CIO Business Intelligence

NOVEMBER 4, 2024

Historically, data center virtualization pioneer VMware was seen as a technology leader, but recent business changes have stirred consternation since its acquisition by Broadcom in late 2023. Industry changes and fallout from disgruntled Broadcom VMware customers have been widely reported. For us, it’s a multi-year opportunity.”

Digital Transformation 110

Digital Transformation Strategy Data Processing Forecasting 110

CIO Business Intelligence

JANUARY 15, 2024

For some, the increases were dramatic — 15% of respondents reported more than 15%, and a further 28% reported increases between 5% and 15%. year on year in the first 11 months of 2023, AI or no AI. year on year in the first 11 months of 2023, AI or no AI.

Sales 105

Sales Software Forecasting Statistics 105

FineReport

APRIL 26, 2023

.” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. Predictive Analytics assesses the probability of a specific occurrence in the future, such as early warning systems, fraud detection, preventative maintenance applications, and forecasting. Top 10 Big Data Tools 1.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

IBM Big Data Hub

FEBRUARY 20, 2024

According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 Predictions range as high as 5 degrees Celsius or more by the end of the 21st century, according to the Climate Science Special Report from the U.S. World Economic Forum, March 16, 2023. IPCC, 2023.

Modeling 113

Modeling Forecasting Reporting Risk 113

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

The software streamlines collecting data for planning and reporting and facilitates assigning responsibility within an enterprise to achieve ESG-related objectives. To reduce compliance burdens, it facilitates auditable reporting and provides executives and managers with the means to monitor performance to ESG commitments. in 2025.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. Consider investor expectations around net-zero targets.

Reporting 78

Reporting Consulting Risk Metrics 78

CIO Business Intelligence

JANUARY 11, 2024

The global end-user spending on public cloud services is forecast to grow 20.4% billion in 2023, according to a report from Gartner. Other notable Accenture acquisitions in 2023 included those of Jixie, Redkite, Optimind, The Shelby Group, and two Italian technology consultancy firms, namely Customer Management IT and SirfinPA.

IT 116

IT Consulting Digital Transformation Manufacturing 116

CIO Business Intelligence

APRIL 30, 2024

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 over the 2023-2027 forecast period 1. over 2023 2. billion in 2027 with a compound annual growth rate (CAGR) of 86.1%

Forecasting 105

Forecasting Optimization Advertising IoT 105

CIO Business Intelligence

APRIL 29, 2024

Employees fearing job loss should take comfort in the 2024 Stanford AI Index Report , which found that while AI is gaining in capability, it can’t match humans in many complex cognitive functions, notes Daniel Barchi, CIO of CommonSpirit Health, a healthcare provider.

Forecasting 135

Forecasting Experimentation Risk Consulting 135

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. A recent study shows that 98% of IT leaders 1 have adopted a public cloud infrastructure. Additionally, 58% of these organizations use between two and three public clouds, indicating a growing trend toward multi-cloud environments.

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

CIO Business Intelligence

MARCH 26, 2024

As of February 2, 2024, the employee count stood at approximately 120,000, declining from the 133,000 recorded in February 2023. The second point is that while we’re seeing significant layoffs across Silicon Valley and IT companies worldwide, most still report good results, unlike Dell.”

Uncertainty 119

Uncertainty Forecasting Optimization Consulting 119

CIO Business Intelligence

AUGUST 15, 2024

SAP security holes raise questions about the rush to AI July 18, 2024: Cloud security firm Wiz has published a detailed report about SAP security holes, now patched, that raises alarming questions about the secondary role AI efforts are having on cybersecurity defenses. SAP to buy digital adoption specialist WalkMe for $1.5

Digital Transformation 122

Digital Transformation Enterprise Software Unstructured Data 122

CIO Business Intelligence

JANUARY 23, 2024

Analyst firm Gartner has released its 2024 worldwide IT spending forecast, and the topline is eyepopping: Overall IT expenditures are projected to grow 6.8% But the storyline CIOs should note from this year’s spending forecast is not about overall volume or uptick, or even whether generative AI is behind this year’s perky numbers (it isn’t).

IT 119

IT Consulting Forecasting Strategy 119

CIO Business Intelligence

DECEMBER 13, 2023

Certinia, a developer of software for service businesses, is using AI and automation to extend the capabilities of its tools for report-building or planning and analysis beyond the financial sphere and into operations, too. CEO DJ Paoni joined Certinia on October 12, 2023, to replace Scott Brown, who led the company for three years.

Finance 101

Finance Forecasting Uncertainty Sales 101

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Two-thirds of our survey’s respondents (67%) report that their companies are using generative AI. Many AI adopters are still in the early stages.

Enterprise 279

Enterprise Testing Modeling Reporting 279

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% Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

CIO Business Intelligence

JULY 27, 2023

After a decade-long price freeze, SAP increased the cost of SAP Standard Support, SAP Enterprise Support, and SAP Product Support for Large Enterprises contracts on January 1, 2023. For example, the UK’s Office of National Statistics reported annual consumer price inflation of 7.9% for June 2023 , down from 9.4% in October 2022.

Cost-Benefit 97

Cost-Benefit Statistics Data Processing Forecasting 97

CIO Business Intelligence

SEPTEMBER 1, 2023

As part of Microsoft’s development team, Sun created Bing Predicts, the inference engine that provides the “favored to win” forecasts beneath search results for sporting fixtures and attempted to predict the 2016 US presidential election winner. Spoiler alert: it failed.)

IT 105

IT Forecasting Reporting Data Quality 105

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. IDC is forecasting a 5.1%

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

FEBRUARY 22, 2024

A report by the Bank for International Settlements singled out the growth of cloud-based services and remote working as two of the primary drivers behind the heightened risk. In 2023, the average cost of a data breach in the financial services sector was $5.9 billion in 2023 and forecast to reach $ 285.4

Forecasting 110

Forecasting Risk Software Reporting 110

IBM Big Data Hub

MARCH 25, 2024

The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 When firms are trading energy, for example, they can forecast renewable electricity generation based on predicted solar and wind patterns.

Insurance 85

Insurance Forecasting Risk Risk Management 85

CIO Business Intelligence

FEBRUARY 8, 2024

Recent financial reports from major global IT services firms have highlighted a concerning slowdown in the industry that could persist, signaling potential changes to hiring and spending plans. Cognizant Technology Solutions announced a full-year revenue forecast below expectations.

IT 98

IT Uncertainty Consulting Forecasting 98

CIO Business Intelligence

SEPTEMBER 28, 2022

While a new forecast released Monday by Spiceworks/Ziff Davis said that overall IT spending will be largely unhampered by recessionary trends in the economic outlook, much of that spending will be driven by large enterprises, leaving the picture much murkier for small and medium-size businesses. Just 30% of companies with â??no no plansâ??

Cost-Benefit 98

Cost-Benefit IT Forecasting Data-driven 98

IBM Big Data Hub

MAY 25, 2023

In 2023 alone, IBM Consulting has interacted with more than 100 clients and completed dozens of engagements infusing generative AI alongside classical machine learning AI strategies. IDC 1 estimates the AI Services market will grow from approximately $36 billion USD in 2023 to approximately $65 billion USD in 2026.

Consulting 99

Consulting Experimentation Machine Learning Modeling 99

bridgei2i

APRIL 30, 2019

The Markets and Markets’ Procurement Analytics market study provides a snapshot of key competition, past market trends with forecast over the next 5 years, anticipated growth rates, and the principal factors driving and impacting growth. According to the report, the global procurement analytics market size is expected to grow from USD 1.6

Marketing 40

Marketing Reporting Contextual Data Forecasting 40

CIO Business Intelligence

JUNE 13, 2024

In July 2023, IDC forecast big data and analytics software revenue would hit $122.3 They collect, analyze, and report on data to meet business needs. The role includes identifying new sources of data and methods to improve data collection, analysis, and reporting. billion this year, and would see 19.3% CAGR through 2027.

Data-driven 98

Data-driven Statistics Business Intelligence Reporting 98

Jet Global

MAY 31, 2023

All-in-one tax solution now streamlines Pillar Two reporting and compliance to enhance overall financial planning Standalone option available for companies seeking Pillar Two support within their existing tax solution RALEIGH, N.C. – – Tim Poole, Director, Global Tax Reporting and Regulation at IHG Hotels & Resorts BEPS 2.0

Finance 59

Finance Forecasting Reporting Cost-Benefit 59

Jet Global

JUNE 21, 2023

June 21, 2023 – In an economy that challenges them to do more with less, finance teams believe they are actually taking longer to get things done, according to new research from insightsoftware , a global provider of reporting, analytics, and performance management solutions.

Finance 52

Finance Uncertainty Digital Transformation Reporting 52

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

MAY 1, 2024

For every optimistic forecast, there’s a caveat against a rush to launch. For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. People want to see it be real this year,” says Bola Rotibi, chief of enterprise research at CCS Insight.

Cost-Benefit 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

JUNE 1, 2023

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. 1] IDC, Worldwide IDC Global DataSphere Forecast, 2022–2026: Enterprise Organizations Driving Most of the Data Growth, May 2022 Security Find out more on the Veeam website. [1]

Enterprise 111

Enterprise Digital Transformation Forecasting Big Data 111

CIO Business Intelligence

JUNE 15, 2022

Gartner has forecast that 65% of organizations will adopt ERP applications that use one or more of what it calls “fourth-era hallmarks” by 2023. More organizations are also looking abroad for staffing, which has implications for government reporting, taxation, and benefits, among other factors.

Key Performance Indicator 144

Key Performance Indicator Consulting KPI Sales 144

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. Foundry’s recently released AI Priorities Study 2023 found that 56% of IT decision-makers are eager to learn more about gen AI. I need to know my forecast. IT leaders are also enthused about the technology.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137