Smart Data Collective

MARCH 2, 2023

In 2023, big data Is no longer a luxury. As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data technology used to be a luxury for small business owners. It is an essential resource that companies have to utilize.

Big Data 105

Big Data Uncertainty Risk Data mining 105

CIO Business Intelligence

MARCH 15, 2023

The pressure is on to navigate economic uncertainty. Gartner’s downward revision of projected worldwide IT spending in 2023 from 5.1% growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda.

Uncertainty 98

Uncertainty Cost-Benefit Forecasting Insurance 98

CIO Business Intelligence

MARCH 27, 2023

According to the 2023 State of the CIO research , which surveyed 837 IT leaders and 201 line of business (LOB) participants, functional and transformational work consumed the bulk of IT leaders’ time this year, much the same as 2022. A much higher number, 63%, confirmed chief data officer expenses came under the CIO and IT department’s remit.

Strategy 109

Strategy Digital Transformation Insurance Technology 109

Smart Data Collective

JULY 31, 2022

Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. However, predictive analytics will probably be even more important as global uncertainty is higher than ever. percent in 2023. in 2023, respectively.

Predictive Analytics 145

Predictive Analytics Analytics Uncertainty Forecasting 145

CIO Business Intelligence

MARCH 23, 2023

While we continue to hire, especially to support our strategic growth priorities, during the second quarter of fiscal 2023, we initiated actions to streamline our operations and transform our non-billable corporate functions to reduce costs,” the company said in an Securities & Exchange Commission (SEC) filing on Thursday. billion to $16.7

Uncertainty 98

Uncertainty Cost-Benefit Consulting Digital Transformation 98

CIO Business Intelligence

FEBRUARY 3, 2023

Enterprises’ cost optimization to persist for next two quarters AWS expects the slowdown in customer spending to persist for at least the first half of fiscal year 2023, spanning the next two quarters. “As “As expected, these optimization efforts continued into the fourth quarter,” Olsavsky added.

Uncertainty 98

Uncertainty Advertising Optimization Reporting 98

CIO Business Intelligence

APRIL 23, 2024

According to IDC, more than 1800 managed services deals were signed in 2023 worth $100 billion in total contract value or TCV. Although the total number of deals declined in 2023 compared to the previous year, the average deal size remained constant, the report said. from 2023 to 2030,” Grand View Research said in one of its reports.

Management 123

Management IT Enterprise Uncertainty 123

Domino Data Lab

MARCH 21, 2023

98% of CDOs and CDAOs say the companies that bring AI and ML solutions to market fastest will be the ones who survive and thrive in the upcoming times of economic uncertainty. In today's economic environment, all organizations need to unlock greater AI value, faster.

Uncertainty 98

Uncertainty Enterprise Marketing Modeling 98

Jedox

JANUARY 3, 2023

In times of uncertainty and change, technology can drive our ability to adapt quickly. Driven by a demand for more data-driven decisions, investment in AI can help improve investor confidence, decisiveness, and forecast accuracy: all important factors in this period of continued uncertainty. Technology is a talent magnet.

Uncertainty 83

Uncertainty Forecasting Finance Data-driven 83

CIO Business Intelligence

SEPTEMBER 6, 2023

The use of AI-generated code is still in an experimental phase for many organizations due to numerous uncertainties such as its impact on security, data privacy, copyright, and more. Best practices and education Currently, there are no established best practices for leveraging AI in software development.

Software 119

Software Experimentation Risk Data Lake 119

CIO Business Intelligence

JUNE 25, 2024

This figure marks a notable increase compared to the peak of the “Great Resignation” in 2022, which saw 19% of workers considering a change, and 26% in 2023. “As This sense of uncertainty appears to coincide with rising workloads. While challenges remain, there are also positive signs.

Uncertainty 122

Uncertainty Reporting Experimentation Technology 122

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. To guide an organization through uncertainty, IT leaders must help ensure everyone in the company is on the same page, Srivastava says.

IT 133

IT Uncertainty Cost-Benefit Strategy 133

CIO Business Intelligence

JULY 23, 2024

The five-year average for AI mentions during earnings calls was 80, with mentions increasing sharply since the first quarter of 2023, shortly after the debut of ChatGPT, the company wrote in a blog post. Gen AI can still hallucinate, even if tuned, creating a level of uncertainty when more traditional tools would be more consistent.

Uncertainty 131

Uncertainty Machine Learning Business Intelligence Marketing 131

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

DECEMBER 26, 2023

As a first step toward reducing uncertainty and surprise in 2024, I suggest CIOs take baby steps to operationalize learning by leaning into this briefing structure. Uncertainty is Certain A key reason to do this is because uncertainty abounds. There are a wide range of possible outcomes in 2024.

Uncertainty 111

Uncertainty Forecasting Technology Strategy 111

CIO Business Intelligence

AUGUST 15, 2024

For instance, the increasing cost of capital has affected access to and use of money across all sectors; an increasing regulatory focus on competition and industry dynamics has driven increased scrutiny as a critical factor for uncertainty; geopolitical uncertainties, including unprecedented conflicts across many regions, have forced delays.

Uncertainty 111

Uncertainty Risk Strategy Cost-Benefit 111

CIO Business Intelligence

AUGUST 22, 2024

increase in IT spending overall in 2024, compared to 4% in 2023, software spending growth suggests CIOs need to adjust their budgets downward elsewhere. Even with global economic uncertainties, organizations that aren’t investing in AI risk getting left behind, he adds. through 2027. With Forrester projecting a 5.3%

Strategy 134

Strategy IT Uncertainty Software 134

CIO Business Intelligence

JANUARY 10, 2023

Hiring tech talent in 2023 means navigating an uncertain economy, the effects of widespread tech industry layoffs, and candidates who want to work for a company with a mission and workplace culture that align with their values, including diversity, equity, and inclusion. IT leaders say the best approach is to focus on adaptability.

IT 131

IT Uncertainty Data Science Marketing 131

CIO Business Intelligence

JULY 11, 2024

At the end of 2023, analysts surveyed 420 IT decision-makers worldwide about their cloud usage, a quarter of whom were primarily from Germany, France, and the UK. Yet many companies still find it difficult to keep an eye on the costs of their cloud deployment and to continuously optimize them.

Uncertainty 131

Uncertainty Optimization Strategy Management 131

CIO Business Intelligence

FEBRUARY 12, 2024

As genAI caught fire in 2023, many organizations rushed to test and learn from the technology and harness it to grow productivity and improve processes. Generative AI is the biggest breakthrough technology in years, democratizing information creation for the masses. Yet ironically, genAI’s potential has created a paradox within organizations.

IT 137

IT Consulting Cost-Benefit Uncertainty 137

CIO Business Intelligence

JUNE 11, 2024

And especially given the current economic uncertainty, having pay-as-you-go flexibility is advantageous for organizations to rapidly adopt AI solutions without the hefty upfront investments. NVIDIA H100 GPU and Dell APEX also provide 4x more cost-effective inferencing compared to the public cloud over a three-year period.

Data-driven 98

Data-driven Uncertainty Enterprise Technology 98

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Gartner’s managing VP Mary Mesaglio said she remained optimistic for tech investments, with the latest crisis offering CIOs yet another opportunity to “make the difference”. global inflation rate.

Digital Transformation 143

Digital Transformation Machine Learning Experimentation Data-driven 143

Jet Global

JULY 5, 2023

What are the top strengths, challenges, and areas of improvement for finance decision-makers in 2023? External Market Challenges are Hampering Finance Teams In 2023, the impact of external factors is clear as the optimism from the previous year has been replaced by pragmatism and realism. The Result?

Finance 52

Finance Uncertainty Reporting Marketing 52

CIO Business Intelligence

JUNE 7, 2024

million bump in 2023, and the company predicts the analytics and machine learning platform’s contribution will increase to $8 million in 2024. But with the addition of more renewable energy to its portfolio, weather uncertainty becomes a greater challenge for AES. million in its first year, contributed a $5.5

IT 128

IT Forecasting Machine Learning Modeling 128

CIO Business Intelligence

FEBRUARY 8, 2024

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Although there are efforts to boost industries such as semiconductors, there is much uncertainty about when the impact may be seen.

IT 98

IT Uncertainty Consulting Forecasting 98

CIO Business Intelligence

OCTOBER 23, 2024

FACIL’s foundation would be based on SAP’s Business Technology Platform (BTP), a suite that helped the agency personalize applications and integrate and connect landscapes throughout the uncertainty of the pandemic. A small team of SAP consultants collaborating with the German Federal Foreign Office would create the initial architecture.

Uncertainty 118

Uncertainty Consulting Interactive Technology 118

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

FEBRUARY 7, 2023

In economic uncertainty, it’s natural for executives to explore where to reduce spending, trim the fat , so to speak, and cut enterprising investments as a matter of caution. But this thinking is also counter-productive for all the reasons that make uncertainty so predictable.

Uncertainty 116

Uncertainty Cost-Benefit Sales Reporting 116

CIO Business Intelligence

FEBRUARY 28, 2023

The year ahead is likely to be characterised by recessionary pressures in key global economies, increasing borrowing costs, unpredictable supply chains, oil price uncertainty, and volatile demand. This may be seen across key business areas such as customer experience, operations, and financial management, among others.

Digital Transformation 52

Digital Transformation IT Uncertainty Forecasting 52

Jet Global

MARCH 20, 2023

As businesses navigate through global economic uncertainties, we’re continuing to invest in this space to speed up operational report production and make it as seamless as possible,” said Lee An Schommer, Chief Product Officer, insightsoftware. The migration to cloud ERPs is increasing, but the need for better operational reporting remains.

Operational Reporting 52

Operational Reporting Reporting Uncertainty Analytics 52

CIO Business Intelligence

JULY 18, 2023

HPE Aruba Networking is coming off a very strong Q2 2023 with our Intelligent Edge revenue reaching $1.3 The new service packs will be orderable later in 2023. billion , up 50% from the prior-year period.

IT 98

IT Uncertainty Data-driven Reporting 98

CIO Business Intelligence

DECEMBER 10, 2024

in 2023 to $12T by 2029, achieving that goal will require a fundamental re-think of the traditional private equity business model. In fact, according to Deloitte , just 10% of private equity firms had integrated AI into their operations by the end of 2023. to double in AUM from $5.8T Thats still a stretch for many firms.

Uncertainty 97

Uncertainty Data-driven Marketing Insurance 97

CIO Business Intelligence

JULY 17, 2023

Real-life transformers Time-jump to 2023. It has allowed us to navigate the challenges of the ever-changing VUCA [volatility, uncertainty, complexity, and ambiguity] market and position ourselves as a leader in innovation. And that standard continued with an expanding line of products created with ever-evolving tools and systems.

Manufacturing 98

Manufacturing Snapshot Uncertainty Digital Transformation 98

CIO Business Intelligence

DECEMBER 13, 2023

The only certainty is change Certinia was previously known as FinancialForce, and adopted its new name in May 2023 to promote the “certainty” it claims to offer customers regarding their financial records. 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

CIO Business Intelligence

JANUARY 20, 2023

The Future of Work and the Workplace is a 2023 Leesman survey report co-authored by HPE Aruba. Given the many uncertainties and lessons learned from the pandemic, the one inevitable thing is change. By: Cathy Won, Consultant with eTeam, HPE Aruba Contributor. What is the future of work and the workplace? How must organizations adapt?

Uncertainty 101

Uncertainty Reporting Consulting Data-driven 101

CIO Business Intelligence

JANUARY 4, 2023

Cloud, sustainability, scale, and exponential data growth—these major factors that set the tone for high performance computing (HPC) in 2022 will also be key in driving innovation for 2023. Fortunately, the HPC community is both collaborative and transparent in our work to apply and advance supercomputing technologies.

Cost-Benefit 59

Cost-Benefit Machine Learning Uncertainty Modeling 59

CIO Business Intelligence

AUGUST 26, 2024

In today’s IT landscape, organizations are confronted with the daunting task of managing complex and isolated multicloud infrastructures while being mindful of budget constraints and the need for rapid deployment—all against a backdrop of economic uncertainty and skills shortages.

Management 111

Management Uncertainty Data-driven Software 111