IBM Big Data Hub

FEBRUARY 7, 2024

In 2024, sustainability is taking center stage. Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Businesses, governments and individuals now see sustainability as a global imperative.

Reporting 88

Reporting Internet of Things Cost-Benefit Data-driven 88

CIO Business Intelligence

MARCH 21, 2022

It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. This is the impact of data-driven financial analysis – or what is termed FP&A – in the business context. billion is lost to low-value, manual data processing and management while $1.7

Data-driven 112

Data-driven IT Finance Forecasting 112

CIO Business Intelligence

DECEMBER 11, 2024

If 2023 was the year of AI discovery and 2024 was that of AI experimentation, then 2025 will be the year that organisations seek to maximise AI-driven efficiencies and leverage AI for competitive advantage. Primary among these is the need to ensure the data that will power their AI strategies is fit for purpose.

Risk 99

Risk Data Strategy Strategy Data Governance 99

CIO Business Intelligence

JUNE 10, 2024

With Vision 2030 as its guiding light, the Kingdom is embarking on ambitious projects, steering its course towards a tech-driven future. International Data Corporation (IDC) forecasts that ICT spending in Saudi Arabia will top 36.6 International Data Corporation (IDC) forecasts that ICT spending in Saudi Arabia will top 36.6

Digital Transformation 97

Digital Transformation Data-driven Data Processing Forecasting 97

CIO Business Intelligence

NOVEMBER 5, 2024

At ADIPEC 2024 in Abu Dhabi, ADNOC, Masdar, and Microsoft signed a Strategic Collaboration Agreement (SCA) to advance artificial intelligence and low-carbon initiatives aimed at reshaping the energy landscape. AI is redefining productivity and progress, creating new opportunities and challenges. billion) in value in 2023 alone.

Data-driven 105

Data-driven Optimization Reporting Technology 105

CIO Business Intelligence

OCTOBER 25, 2023

Our recent data analysis of AI/ML trends and usage confirms this: enterprises across industries have substantially increased their use of generative AI, across many kinds of AI tools. Once shared, this data can be fed into the data lakes used to train large language models (LLMs) and can be discovered by other users.

Enterprise 132

Enterprise Manufacturing Risk Data-driven 132

CIO Business Intelligence

DECEMBER 10, 2024

Indeeds 2024 Insights report analyzed the technology platforms most frequently listed in job ads on its site to uncover which tools, software, and programming languages are the most in-demand for job openings today. Job listings (August 2023 to August 2024): 131,609 Year-over-year increase: 4% Total resumes: 72,703,986 2.

Enterprise 135

Enterprise IT Machine Learning Visualization 135

AWS Big Data

MAY 31, 2024

We’re thrilled to announce that AWS has been named a Leader in the IDC MarketScape: Worldwide Analytic Stream Processing Software 2024 Vendor Assessment (doc #US51053123, March 2024). You can read the full report from IDC. There are no servers and clusters to manage, and there is no compute and storage infrastructure to set up.

Software 91

Software Analytics Cost-Benefit Data-driven 91

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 117

Digital Transformation Enterprise Software Unstructured Data 117

CIO Business Intelligence

SEPTEMBER 9, 2024

According to IDC’s Worldwide AI and Generative AI Spending Guide (August 2024) , the global AI market is expected to surge from US$235 billion in 2024 to US$632 billion by 2028. billion in 2024 to over US$110 billion by 2028. This approach allows the company to offer a wide range of cloud solutions across various industries.

Marketing 118

Marketing Cost-Benefit Digital Transformation Data-driven 118

CIO Business Intelligence

JULY 5, 2024

The landscape of data center infrastructure is shifting dramatically, influenced by recent licensing changes from Broadcom that are driving up costs and prompting enterprises to reevaluate their virtualization strategies. This highlights large dedicated workloads as potential cases for devirtualization,” Gartner added in the report.

Cost-Benefit 124

Cost-Benefit Data Processing Reporting Enterprise 124

CIO Business Intelligence

SEPTEMBER 5, 2024

Here is the latest Oracle news and analysis: Oracle CloudWorld 2024: What to expect August 30, 2024: Oracle’s Database 23c gets vector search to underpin generative AI use cases · Oracle’s MySQL HeatWave gets Vector Store, generative AI features. Privacy advocates applauded the settlement.

Enterprise 113

Enterprise Software Manufacturing Data-driven 113

CIO Business Intelligence

JULY 23, 2024

For example, in the 2024 CISO Burnout Report , 80% of CISOs classify themselves as “ highly stressed ,” 63% say they receive little to no support managing their roles, and 50% report losing team members because of workplace stress. Now, add data, ML, and AI to the areas driving stress across the organization.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. CIOs should speak to sales leaders to identify areas where sales metrics are underperforming and where gen AI-driven improvements can drive revenue.

Sales 131

Sales Metrics Data-driven Measurement 131

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 Epicor is putting its R&D efforts into AI and data management.

Forecasting 123

Forecasting Predictive Analytics Machine Learning Data-driven 123

CIO Business Intelligence

OCTOBER 24, 2024

Noting that companies pursued bold experiments in 2024 driven by generative AI and other emerging technologies, the research and advisory firm predicts a pivot to realizing value. Forrester predicts a reset is looming despite the enthusiasm for AI-driven transformations.

ROI 114

ROI Data-driven Enterprise Experimentation 114

CIO Business Intelligence

AUGUST 22, 2024

Here is the lates Salesforce news and analysis: Salesforce unveils autonomous agents for sales teams August 22, 2024: Salesforce today announced two autonomous agents geared to help sales teams scale their operations and hone their negotiation skills. Salesforce has a market cap of $252.71 billion in revenue or 11% year-over-year growth.

Sales 87

Sales Data-driven Software Marketing 87

David Menninger's Analyst Perspectives

NOVEMBER 19, 2024

I previously explained that data observability software has become a critical component of data-driven decision-making. Data observability addresses one of the most significant impediments to generating value from data by providing an environment for monitoring the quality and reliability of data on a continual basis.

Data Quality 130

Data Quality Dashboards Data-driven Software 130

CIO Business Intelligence

JUNE 3, 2024

However, amidst the allure of newfound technology lies a profound duality—the stark contrast between the benefits of AI-driven software development and the formidable security risks it introduces. Moreover, the report underscores the critical need for organizations to prioritize security in their AI-driven development initiatives.

Testing 119

Testing Risk Data-driven Cost-Benefit 119

CIO Business Intelligence

AUGUST 7, 2024

Those are the questions explored in virtual CIO Think Tank roundtables held in April and May 2024. And how quickly will AI earn trust to operate with the most sensitive data and facilitate high-stakes decisions? The real risk of AI in network operations IT pros worry about network data being fed to AI tools

Data Processing 131

Data Processing Data-driven Enterprise Consulting 131

CIO Business Intelligence

OCTOBER 23, 2024

In a survey of 451 senior technology executives conducted by Gartner in mid-2024, a striking 57% of CIOs reported being tasked with leading AI strategies. While some of the surveyed employees in the US, the UK, Australia, India, and China reported saving an average of 3.6

Enterprise 140

Enterprise Cost-Benefit Broadcasting Risk 140

FineReport

JUNE 7, 2024

In 2024, data visualization companies play a pivotal role in transforming complex data into captivating narratives. This blog provides an insightful exploration of the leading entities shaping the data visualization landscape. Let’s embark on a journey to uncover the top 10 Data Visualization Companies of 2024.

Visualization 52

Visualization Predictive Analytics Dashboards Predictive Modeling 52

CIO Business Intelligence

NOVEMBER 4, 2024

Schumacher and others believe AI can help companies make data-driven decisions by automating key parts of the strategic planning process. This process involves connecting AI models with observable actions, leveraging data subsequently fed back into the system to complete the feedback loop,” Schumacher said.

Strategy 123

Strategy Data-driven Predictive Analytics Dashboards 123

CIO Business Intelligence

AUGUST 28, 2024

However, in terms of in-house technology, the Belgian company’s carbon footprint data used to be stored on spreadsheets, while quality control was performed manually, limiting the Elia Group’s ability to calculate the Scope 3 upstream emissions released for all their assets.

Technology 110

Technology Data-driven Software Reporting 110

CIO Business Intelligence

MARCH 25, 2024

The analysis carried out by the UAE Cyber Security Council and CPX Holding announced the release of the ‘State of the UAE – Cybersecurity Report 2024’. The entire ecosystem should engage proactively in reducing the UAE’s vulnerability to these threats.

IT 105

IT Reporting Risk Data-driven 105

CIO Business Intelligence

DECEMBER 17, 2024

year-over-year growth in 2024. Additionally, GenAI can generate insights from energy consumption data, factoring in elements such as weather and economic activity to boost operational efficiency. Businesses face a choice: stick with existing systems or adopt new software to streamline sustainability reporting.

Reporting 108

Reporting Data-driven Data Collection Insurance 108

CIO Business Intelligence

MARCH 12, 2024

Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. The average cost of a data breach is $4.64 In 2024, LinkedIn surveys show that half of all Americans want to change jobs.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

JULY 2, 2024

Embrace the future-proofing imperative Eighty-three percent of IT leaders and 88% of LOB leaders expect full-year spending in 2024 to be higher or in line with original 2024 budgets despite inflation and potential recession concerns, according to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 3 (March 2024).

Technology 107

Technology Cost-Benefit Digital Transformation Optimization 107

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor’s Embedded Experiences allows users to create first drafts of text for specific business purposes and summarize insights as well as quickly analyze and interact with data. And its GenAI knowledge hub uses retrieval-augmented generation to provide immediate access to knowledge, potentially from multiple data sources.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 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% 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

DECEMBER 28, 2023

In hybrid and multicloud environments, the challenges were around cost surprises and excessive data flows between cloud and on-premises, or among different cloud environments. “IT The challenge for CIOs now is to create a data-driven culture and get business partners to chime in with high value data business cases.”

IT 126

IT Manufacturing Machine Learning IoT 126

CIO Business Intelligence

MAY 8, 2024

In the age of big data, where information is generated at an unprecedented rate, the ability to integrate and manage diverse data sources has become a critical business imperative. Traditional data integration methods are often cumbersome, time-consuming, and unable to keep up with the rapidly evolving data landscape.

Data Integration 83

Data Integration IoT Cost-Benefit Machine Learning 83

CIO Business Intelligence

MAY 23, 2024

IDC finds that by mid-2024, 30% of global organizations will take advantage of human-like interfaces in their enterprise applications to gain more insights quickly, improving decision velocity. And by late 2024, 70% of the Global 2000 will focus on reducing the process time between events and decision-making to gain a competitive advantage.

Manufacturing 119

Manufacturing Finance Enterprise Marketing 119

CIO Business Intelligence

JULY 1, 2024

The 2024 Generative AI in Healthcare Survey , however, does a better job at that. While 34% of all respondents reported a 10-50% budget increase for GenAI, 22% witnessed a 50-100% rise. Among technical leaders, nearly one-fifth reported a staggering 300% budget growth, underscoring their advocacy and investment in GenAI.

Testing 112

Testing Data Processing Modeling Data-driven 112

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 126

Optimization Strategy IT Cost-Benefit 126

FineReport

APRIL 21, 2024

In today’s data-driven landscape, businesses are constantly seeking innovative solutions to harness the power of analytics effectively. To qualify as Embedded Business Intelligence, a product must facilitate embedding analytics, support data ingestion from various sources, and offer standalone self-service BI functionality.

Dashboards 52

Dashboards Visualization Interactive Business Intelligence 52

CIO Business Intelligence

OCTOBER 16, 2024

Analysts predict the incoming phase of enterprise AI will herald agentic systems that require minimal human intervention, with 75% of CIOs increasing their AI budgets during this year alone, according to a recent report from Gartner. AI makes edge computing more relevant to CIOs because it helps us reduce delays in processing data.

Cost-Benefit 141

Cost-Benefit Manufacturing Data-driven Optimization 141