CIO Business Intelligence

JANUARY 11, 2024

The global end-user spending on public cloud services is forecast to grow 20.4% billion in 2024, up from $563.6 billion in 2023, according to a report from Gartner. A separate report from Zacks Equity Research showed that the company spent $3.4 billion on 38 acquisitions in 2022, $4.2

IT 116

IT Consulting Digital Transformation Manufacturing 116

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 Manufacturing Strategy 110

CIO Business Intelligence

NOVEMBER 27, 2024

Reports state that the revenue generated in the ‘Tea’ segment of the hot drinks market in India was forecast to continuously increase from now to 2029 by a total of 9.7 dollars in 2024. From being the beverage of royalty to the comfort of millions, tea’s burgeoning production has made it an economical choice. billion U.S.

Digital Transformation 98

Digital Transformation Forecasting Technology Strategy 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

JANUARY 9, 2025

In 2024, squeezed by the rising cost of living, inflationary impact, and interest rates, they are now grappling with declining consumer spending and confidence. Salesforces recent State of Commerce report found that 80% of eCommerce businesses already leverage AI solutions. But 2025 and 2026 will bear good news, according to Deloitte.

B2B 105

B2B Data-driven Cost-Benefit Sales 105

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

JUNE 10, 2024

International Data Corporation (IDC) forecasts that ICT spending in Saudi Arabia will top 36.6 As a result, today’s IT leaders increasingly find themselves fulfilling multidimensional, strategic, and collaborative roles with evolved and prominent reporting structures and mandates.

Digital Transformation 98

Digital Transformation Data-driven Data Processing Forecasting 98

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

Jen Stirrup

AUGUST 19, 2024

Gastech 2024 are hosting the Climatetech & AI Conference , held next month in Houston, Texas. According to a recent report by the International Energy Agency, US $21 trillion will need to be invested in developing climate technology start-ups over the next ten years.

Technology 88

Technology Reporting Data Processing Forecasting 88

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

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

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

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. Forrester, in their Predictions 2025: Artificial Intelligence report, predicted that three-quarters of companies that try to build AI agents in-house will fail. Don’t let that scare you off.

Testing 135

Testing Cost-Benefit Interactive ROI 135

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 Machine Learning 135

CIO Business Intelligence

OCTOBER 1, 2024

The rise of repatriation In The Register, David Heinemeier Hansson of SaaS company 37 Signals (the company behind project management behemoth Basecamp) reported they could save over $7 million by repatriating workloads. In fact, Barclays reports that up to 83% of enterprises are planning the repatriation of some workloads. 18, 2023. “37

Forecasting 111

Forecasting Enterprise Strategy Risk 111

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% in 2024, second only to software, at 12.7%, another category for which the firm sees no future plateau. this year to a hair under $5 trillion. 2 IT spending slot by 2028.

IT 119

IT Consulting Forecasting Strategy 119

CIO Business Intelligence

AUGUST 15, 2024

Here is the latest SAP news and analysis: SAP partners up to make AI more practical August 15, 2024: Many companies find it difficult to incorporate AI into their business processes. SAP restructuring to impact more jobs than expected July 24, 2024: The restructuring at SAP affects almost a tenth of its workforce.

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

MAY 8, 2024

According to a recent report by InformationWeek , enterprises with a strong AI strategy are 3 times more likely to report above-average data integration success. 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

Jen Stirrup

FEBRUARY 9, 2024

According to a BloombergNEF report, climate-tech companies focused on climate-tech innovation raised $165 billion in 2021 across private and public markets [2]. For example, India is also using AI to enhance weather forecasting and climate modelling.

Forecasting 105

Forecasting Measurement Testing Technology 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

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

MARCH 21, 2022

However, like most data-driven practices, FP&A is bound by the shackles of reporting, control, and compliance. Research by DataRails showed that inefficient data processes and dysfunctional financial reporting costs US businesses a staggering $7.8 Inaccurate forecasts. billion a year. Out of that, $6.1 Lost productivity.

Data-driven 116

Data-driven IT Finance Forecasting 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% 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 Machine Learning Experimentation 145

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. Without robust data infrastructure, sustainability reporting can become fragmented, leading to inefficiencies and compliance risks.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

JANUARY 15, 2024

However, it expects to miss its free cash flow forecast of negative €1 billion, falling a further €100 million short. It had previously reported revenue of €11.3 Paul is a seasoned senior executive, with extensive experience in corporate finance, corporate turnarounds, and restructuring — including within the technology industry.

Uncertainty 111

Uncertainty Sales Finance Forecasting 111

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. The new features appear in the Winter 2024 release of its applications, generally available from today.

Finance 101

Finance Forecasting Uncertainty Sales 101

BI-Survey

SEPTEMBER 25, 2024

The OneStream Splash EMEA 2024 in Copenhagen marked an important milestone for customers, prospects and partners alike. OneStream lets financial teams experiment with and implement ML-driven forecasting in a controlled, predictable manner without requiring them to become data scientists.

Finance 52

Finance Reporting Data-driven Forecasting 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

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

FEBRUARY 20, 2024

Siemens is integrating its Teamcenter software for product lifecycle management with Microsoft Teams and Copilot AI-powered problem reporting and visual quality inspection. For instance, production operatives can use mobile devices to report product design concerns using natural speech. Sales and customer service.

Manufacturing 98

Manufacturing Sales Risk Management Forecasting 98

Jedox

DECEMBER 28, 2021

According to Gartner, 70% of new financial planning and analysis (FP&A) projects are slated to become extended planning and analysis (xP&A) projects by 2024. Historically, financial planning & analysis has centered around tasks such as planning, budgeting, forecasting, and performance management. Collaboration.

Digital Transformation 97

Digital Transformation Finance Machine Learning Forecasting 97

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. The Salesforce report found that 87% of technical leaders say that advances in AI make data management a higher priority and 92% say that trustworthy data is needed more than ever before. I need to know my forecast.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

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 118

Digital Transformation IT Data Lake Sales 118

CIO Business Intelligence

APRIL 29, 2024

In fact, CIOs listed numerous roadblocks to IT strategic success in the 2024 State of the CIO Study from Foundry, publisher of CIO.com. The State of the Tech Workforce 2024 report from nonprofit CompTIA , forecasts tech employment growth of 3.1% for this year, resulting in a net gain of more than 300,000 new jobs.

IT 128

IT Consulting Technology Strategy 128

CIO Business Intelligence

JULY 27, 2023

From the start of 2024, it will again increase support prices by local CPI rates—but this time, it’s raising the cap to 5%. For example, the UK’s Office of National Statistics reported annual consumer price inflation of 7.9% Prices rose in line with customers’ local consumer price index (CPI), with a cap of 3.3%. Bucking the trend?

Cost-Benefit 97

Cost-Benefit Statistics Data Processing Forecasting 97

CIO Business Intelligence

APRIL 28, 2022

Many organizations vest responsibility for creating what are usually called environmental, social, and governance (ESG) reports in a corporate sustainability officer or similar title. But not everyone thinks sustainability reporting should be concentrated in an already overburdened IT organization. Reporting the data.

Measurement 98

Measurement Reporting Data-driven Manufacturing 98