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

JUNE 10, 2024

International Data Corporation (IDC) forecasts that ICT spending in Saudi Arabia will top 36.6 Collaborative initiatives are underway, aiming to harness the power of innovation and technology to realize these aspirations.

Digital Transformation 98

Digital Transformation Data-driven Data Processing Forecasting 98

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

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

datapine

NOVEMBER 27, 2019

Then, calculations will be run and come back to you with growth/trends/forecast, value driver, key segments correlations, anomalies, and what-if analysis. Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. 5) Collaborative Business Intelligence.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

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

IBM Big Data Hub

JANUARY 9, 2024

In 2024, the initial cultural fascination with early generative AI yields tangible business results. Using insights from extensive collaborations with customers and partners in more than 25 countries, we’re excited to share well-informed predictions and emerging trends for 2024. trillion and 4.4

Data-driven 100

Data-driven Risk Marketing Modeling 100

CIO Business Intelligence

FEBRUARY 13, 2024

Get ready for the IDC Middle East CIO Summit 2024. Recent breakthroughs in generative AI (GenAI) are reshaping the technological landscape at an unprecedented rate, and IDC forecasts that annual worldwide spending on AI-centric systems will exceed 300 billion USD by 2026.

Data Processing 98

Data Processing Forecasting Risk Optimization 98

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. Bandwidth optimization. This optimization improves efficiency and reduces costs.

Forecasting 105

Forecasting Optimization Advertising IoT 105

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. In 2024 alone, 168 tech companies have collectively laid off 42,324 employees. These actions resulted in a reduction in overall headcount.

Uncertainty 119

Uncertainty Forecasting Optimization Consulting 119

CIO Business Intelligence

APRIL 11, 2024

IDC Kuwait CIO Summit 2024, the event for ITDMs organized by IDC will showcase how IT leaders are prepared to explore the reality of ‘The Future of IT: Rethinking Digitalization for an AI Everywhere World’ on May 13th. billion USD by 2024. How do CIOs position themselves as great agents of change in their organizations?

Technology 115

Technology Digital Transformation Forecasting Strategy 115

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

OCTOBER 1, 2024

Cost optimization. Gartner forecasts that worldwide end-user spending on public cloud services will reach $679 billion in 2024, up from $597 billion in 2023. Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach $679 Billion in 2024.” Security and compliance. Visit: [link] [1] The Register.com, Sept.

Forecasting 111

Forecasting Enterprise Strategy Risk 111

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

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

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. There are many areas of research and focus sprouting from the capabilities presented through LLMs. Language understanding: Able to comprehend and follow complex instructions.

Testing 135

Testing Cost-Benefit Interactive ROI 135

CIO Business Intelligence

SEPTEMBER 12, 2024

Business process automation (BPA) could be one action, for instance, the executive said; updating records, following up on emails, closing calls, forecasting guidance, and populating information are other examples. Agentforce for Service and Sales will be generally available Oct.

Sales 143

Sales Enterprise Optimization Cost-Benefit 143

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. For instance, cloud storage strategies can be adjusted to prefer providers with carbon-neutral commitments, and AI model training can be optimized to reduce computational costs.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

DECEMBER 26, 2023

Perhaps in an age when our forebears huddled around campfires waiting for warmer weather annual reviews were the optimal way to accumulate knowledge and empower human agency. 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 111

Uncertainty Forecasting Technology Strategy 111

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.

Data Science 126

Data Science Machine Learning Predictive Modeling Forecasting 126

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. In 2024, Alteryx continues its legacy of excellence with innovative solutions tailored to meet evolving industry demands.

Visualization 52

Visualization Predictive Analytics Dashboards Predictive Modeling 52

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 9, 2024

from 2024 to 2030 1 , energy consumption has become a major concern. This solution, when optimized to reduce emissions and energy consumption, is our best path to sustainable computing 4. In optimized data centers, accelerated computing powers AI training and inference. That’s a lot of energy.

Measurement 110

Measurement Optimization Data-driven Forecasting 110

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

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.

Digital Transformation 116

Digital Transformation Cost-Benefit Forecasting Metrics 116

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% Many CIOs will face a challenging year grappling with growing pressure from transformation initiatives, weekly layoff announcements, and the prospect of a recession.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

CIO Business Intelligence

FEBRUARY 8, 2024

Cognizant Technology Solutions announced a full-year revenue forecast below expectations. Recent reports, including those from Gartner, have also highlighted a continuing trend of layoffs in 2024 , even though there are early signs of recovery in the industry. In challenging times, tough measures are often required.

IT 98

IT Uncertainty Consulting Forecasting 98

David Menninger's Analyst Perspectives

OCTOBER 29, 2024

When decision-makers express a desire for “value optimization,” that’s akin to how contact center managers strive for cost control and productivity improvements. It also suggests that there is common ground between the needs of various teams that weigh in on AI deployments.

Key Performance Indicator 130

Key Performance Indicator Cost-Benefit Interactive Measurement 130

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. For example, optimizing water usage in agriculture is a key metric. Previously, each Mosaic location operated its own digital infrastructure.

Digital Transformation 118

Digital Transformation IT Data Lake Sales 118

IBM Big Data Hub

SEPTEMBER 19, 2023

Specifically, generative AI would transform customer care, IT and network optimization and digital labor—all areas in which automation can notably help increase agility and efficiency. to train, validate, tune and deploy AI and machine learning capabilities to help optimize network performance.

Cost-Benefit 108

Cost-Benefit Optimization Interactive Enterprise 108

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

MAY 8, 2024

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. The ExpionIQ Advisor project has earned Expion Health a 2024 CIO Award for IT leadership and innovation.

Insurance 111

Insurance IT Cost-Benefit Unstructured Data 111

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

JULY 11, 2022

According to a recent study published by Dell’Oro Group, the worldwide sales of SD-WAN technologies are forecasted to grow at double-digit rates over each of the next five years to surpass $3.2 billion in 2024. Software-Defined WAN (SD-WAN) is one of the most rapidly adopted technologies of the past decade.

Risk 98

Risk Cost-Benefit Enterprise Optimization 98

datapine

DECEMBER 4, 2019

Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. These analytics use optimization and simulation algorithms to advise on possible outcomes and answer: “What should we do?” BN by the end of 2024, according to MarketWatch.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

FineReport

APRIL 24, 2024

This foresight empowers organizations to proactively prepare for upcoming shifts or developments based on credible analytical forecasts. By integrating such a tool, you unlock the growth and optimization potential inherent in data-driven insights. Keen to explore the full potential of Data Visualization?

Visualization 52

Visualization Dashboards Interactive Key Performance Indicator 52

CIO Business Intelligence

JULY 31, 2023

After all, each of these is part of your mandate, as a CIO, to optimize the organization’s digital potential. Aim to define three to five objectives that together envelop projects proposed for 2024, ongoing and new. What about for your employees? Borrow language from investor-day presentations and earnings reports.

Strategy 98

Strategy IT Cost-Benefit Finance 98