CIO Business Intelligence

OCTOBER 24, 2024

growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. The company also plans to increase spending on cybersecurity tools and personnel, he adds, and it will focus more resources on advanced analytics, data management, and storage solutions.

IT 133

IT Data-driven Recreation/Entertainment Experimentation 133

CIO Business Intelligence

NOVEMBER 1, 2024

One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.”

IT 122

IT Insurance Consulting Risk 122

datapine

DECEMBER 4, 2019

Predictive & Prescriptive Analytics. Predictive Analytics: What could happen? We mentioned predictive analytics in our business intelligence trends article and we will stress it here as well since we find it extremely important for 2020. The commercial use of predictive analytics is a relatively new thing.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor introduced its original AI and machine learning capabilities in 2017 in the form of Coleman, which uses its Infor AI/ML platform built on Amazon’s SageMaker to create predictive and prescriptive analytics. Having a vertical industry focus in its cloud suites adds context for process analytics. in 2025.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

JANUARY 18, 2024

By all accounts, 2024 will be a good year on the CIO hiring front. Global spending on technology is predicted to be up by virtually all forecasts. 2024 seems to be trending higher for CIO demand,” Licciardello says. Most midsize and large organizations are spending significantly on cloud capabilities.

IT 126

IT Data-driven Marketing Technology 126

CIO Business Intelligence

NOVEMBER 1, 2024

One of the firm’s recent reports, “Political Risks of 2024,” for instance, highlights AI’s capacity for misinformation and disinformation in electoral politics, something every client must weather to navigate their business through uncertainty, especially given the possibility of “electoral violence.”

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

APRIL 15, 2024

Nimesh Mehta, SVP and chief information and strategy officer, National Life Group National Life Group The 2024 State of CIO research clearly depicts a more prominent, business-centric role for IT leadership. “For CIOs, understanding the business is table stakes — now we’re expected to change the business, not just technology.”

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

CIO Business Intelligence

DECEMBER 18, 2023

As we approach the year 2024, Jyoti Lalchandani discusses with CIO Middle East 2024’s top tech trends and future CIO challenges. What do you forecast to be 2024’s top tech trends or emerging topics in the Middle East and what’s driving these trends? How can CIOs benefit from these new regions in 2024?

Cost-Benefit 110

Cost-Benefit Risk Strategy Manufacturing 110

David Menninger's Analyst Perspectives

OCTOBER 16, 2024

As I noted in the 2024 Buyers Guide for Operational Data Platforms , intelligent applications powered by artificial intelligence have impacted the requirements for operational data platforms. These applications, infused with contextually relevant recommendations, predictions and forecasting, are driven by machine learning and generative AI.

Internet of Things 214

Internet of Things Data-driven Data Warehouse Interactive 214

CIO Business Intelligence

MAY 21, 2024

Grow will reimagine how AI-powered ERP software can and should serve the supply chain industries and their workers, delivering more than 200 adaptive industry use cases, it said at its Insights 2024 user conference in Nashville, Tennessee. “We Grow Inventory Forecasting, Grow BI, and Grow FP&A are generally available.

Forecasting 126

Forecasting Predictive Analytics Machine Learning Data-driven 126

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

ISG Research’s 2024 AI Study identified several that apply, including a lack of AI experience and skills, a lack of a holistic company-wide vision, which can make it difficult to create a business case for such a project, the challenge of keeping up with AI technology and the resulting impact on AI performance and quality.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

CIO Business Intelligence

DECEMBER 10, 2024

Compounding these data segments results in smarter recommendations with lead scoring, sales forecasting, churn prediction, and better analytics. Appian, Atlassian, Cisco Collaboration, Forethought, IBM, Ivanti, Pega, Salesforce, SAP, ServiceNow, Workday, Zoho, and others launched service-oriented AI agents in 2024.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

JUNE 7, 2024

-based company, which claims to be the top-ranked supplier of renewable energy sales to corporations, turned to machine learning to help forecast renewable asset output, while establishing an automation framework for streamlining the company’s operations in servicing the renewable energy market. million in its first year, contributed a $5.5

IT 128

IT Forecasting Machine Learning Modeling 128

CIO Business Intelligence

AUGUST 15, 2024

The German multinational also offers a vast array of software solutions tailored to specific facets of the enterprise, including data management, analytics, and supply chain management , as well as solutions aimed at specific industry verticals. To change this, SAP wants to work more closely with the appliedAI initiative.

Digital Transformation 122

Digital Transformation Enterprise Software Unstructured Data 122

CIO Business Intelligence

JANUARY 15, 2024

As they take stock after the year-end frenzy of shopping the holiday season always brings, retail CIOs attending the National Retail Federation’s annual show, NRF 2024, may be wondering how they can improve their IT systems’ performance over the next 12 months. year on year in the first 11 months of 2023, AI or no AI.

Sales 105

Sales Software Forecasting Statistics 105

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. 1 IDC forecasts spending on GenAI solutions will double in 2024 and grow to $151.1

Forecasting 105

Forecasting Optimization Advertising IoT 105

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

Sisense

AUGUST 21, 2020

AI and machine learning are the future of every industry, especially data and analytics. Reading through the Gartner Top 10 Trends in Data and Analytics for 2020 , I was struck by how different terms mean different things to different audiences under different contexts. But what do we really mean when we talk about these issues?

Analytics 112

Analytics Machine Learning Dashboards Visualization 112

FineReport

JUNE 7, 2024

In 2024, data visualization companies play a pivotal role in transforming complex data into captivating narratives. Let’s embark on a journey to uncover the top 10 Data Visualization Companies of 2024. Innovations such as AI-driven analytics, interactive dashboards , and predictive modeling set these companies apart.

Visualization 52

Visualization Predictive Analytics Dashboards Predictive Modeling 52

CIO Business Intelligence

JUNE 13, 2024

According to Gartner, IT spending in the Middle East and North Africa (MENA) region is forecast to total 193.7 billion USD in 2024, an increase of 5.2% CIOs in the MENA region are expected to increase their spending on cloud services.

Internet of Things 105

Internet of Things IoT IT Digital Transformation 105

CIO Business Intelligence

MAY 8, 2024

AI-powered data integration tools leverage advanced algorithms and predictive analytics to automate and streamline the data integration process. According to a recent forecast by Grand View Research, the global serverless computing market is expected to reach a staggering $21.4 billion by 2025.

Data Integration 102

Data Integration IoT Cost-Benefit Machine Learning 102

CIO Business Intelligence

MAY 28, 2024

According to IDC, there has been a cybersecurity spending growth in the UAE that surpassed projections with a CAGR of 11.2 % in 2022 and 2027 and is forecasted to cross 4 billion AED in 2024. One of the recurring themes among security leaders is the importance of adaptability in the face of evolving cyber threats.

Strategy 131

Strategy IoT Risk Forecasting 131

CIO Business Intelligence

NOVEMBER 19, 2024

In 2024, a new trend called agentic AI emerged. Sam Altman, OpenAI CEO, forecasts that agentic AI will be in our daily lives by 2025. The requirements for the system stated that we need to create a test data set that introduces different types of analytic and numerical errors.

Testing 135

Testing Cost-Benefit Interactive ROI 135

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. According to data from PayScale, $99,842 is the average base salary for a data scientist in 2024. Not finding what you’re looking for?

Data Science 126

Data Science Machine Learning Predictive Modeling Forecasting 126

CIO Business Intelligence

MARCH 21, 2022

Strategic FP&A is critical for integration, performance management, risk analysis, forecasting, and modelling across multiple business functions. Inaccurate forecasts. Revenue forecasts are always top-of-the-mind for CEOs, because that’s what dictates the flow of capital in the present. Lost productivity.

Data-driven 116

Data-driven IT Finance Forecasting 116

David Menninger's Analyst Perspectives

OCTOBER 29, 2024

On the back end, we find applications that use enterprise knowledge resources to deliver guidance during interactions and analytics tools that suss out customer sentiment and buying intent. The former moves the needle on standard contact center KPIs like average handle time and customer satisfaction.

Key Performance Indicator 130

Key Performance Indicator Cost-Benefit Interactive Measurement 130

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% There are similar concerns for CIOs looking to build data and analytics capabilities.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

CIO Business Intelligence

JUNE 12, 2024

The migration of approved workloads and applications to the cloud is set to be completed by October 2024 and has thus far been completed without any business disruption, he says. With renewable energy, sunshine and wind are sources of free fuel.

Digital Transformation 116

Digital Transformation Cost-Benefit Forecasting Metrics 116

CIO Business Intelligence

AUGUST 8, 2024

To illustrate, Farys expects a 20% cost reduction potential due to increased efficiency in administration and business operations as a result of integration between all components, one source of truth, and extensive analytics, with the ability to unlock artificial intelligence (AI) and machine learning (ML). More than 2.7

Forecasting 119

Forecasting Machine Learning Management Technology 119

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

JULY 29, 2024

But, as Wysocki sees it, technology is just one component of the overall transformation, which earned the fertilizer giant a 2024 CIO Award for IT leadership and innovation. Previously, each Mosaic location operated its own digital infrastructure. Digital transformation projects have always been about creating a data-driven business.

Digital Transformation 118

Digital Transformation IT Data Lake Sales 118

CIO Business Intelligence

SEPTEMBER 10, 2024

billion in 2024 and is forecast to reach nearly $300 billion in 2025, according to Gartner. It also reflects the increasing amount of enterprise data stored in SaaS solutions: Enterprise customer SaaS spending globally is projected to grow 20% to total $247.2 A general principal of SaaS applications is the shared data responsibility.”

Risk Management 130

Risk Management Risk Enterprise Insurance 130

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft and Sight Machine, a manufacturing data platform provider, have partnered on a Factory CoPilot that democratises industrial data through generative AI, making plant data, analytics, and insights easily accessible for all employees. Visit: [link] Avanade is attending Hanover Messe 2024. Product optimisation.

Manufacturing 98

Manufacturing Sales Risk Management Forecasting 98

CIO Business Intelligence

JULY 10, 2024

Businesses are investing great sums of money in generative AI – to the point that GenAI spending in 2025 will be nearly seven times greater than it was in 2022, according to IDC historical data and forecasts. In many cases, it’s cybersecurity, which ranks at the top of the list of factors driving increased IT spending in 2024.

Risk 123

Risk Marketing Metadata Technology 123

Smart Data Collective

JUNE 15, 2022

trillion in 2024, up from roughly $5.47 Enhance the client experience Better Understand Customer Demographics Forecast customer behavior Improve pricing decisions Highlights Expansion Potential Improve product display in-store Reduce customer acquisition expenses Improve the online customer experience Customer persona identification.

Advertising 111

Advertising Sales Cost-Benefit ROI 111

CIO Business Intelligence

MARCH 19, 2025

Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus. The time has come for data leaders to move beyond traditional governance and analytics sustainability is the next frontier for CDOs, and the opportunity to lead is now.

IT 59

IT Data Governance Data-driven Metrics 59