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 126

IT Forecasting Machine Learning Modeling 126

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 115

IT Consulting Forecasting Strategy 115

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

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 96

Sales Software Forecasting Statistics 96

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 117

Digital Transformation Enterprise Software Unstructured Data 117

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 133

Forecasting Experimentation Risk Consulting 133

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 113

Uncertainty Forecasting Optimization Consulting 113

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 107

Forecasting Enterprise Strategy Risk 107

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 99

Forecasting Optimization Advertising IoT 99

CIO Business Intelligence

NOVEMBER 4, 2024

Forrester predicted 20% of VMware customers would leave in 2024 , “exhausted by significant price hikes, degrading support, and mandatory subscription.” operator of 28 hotel and casino properties across the US, was negotiating a fresh enterprise agreement with VMware prior to its acquisition, reported The Register.

IT 120

IT Forecasting Strategy Testing 120

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 112

Data-driven IT Finance Forecasting 112

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 105

Uncertainty Sales Finance Forecasting 105

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

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 83

Data Integration IoT Cost-Benefit Machine Learning 83

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

The software streamlines collecting data for planning and reporting and facilitates assigning responsibility within an enterprise to achieve ESG-related objectives. To reduce compliance burdens, it facilitates auditable reporting and provides executives and managers with the means to monitor performance to ESG commitments. in 2025.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

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 91

IT Uncertainty Consulting Forecasting 91

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 92

Manufacturing Sales Risk Management Forecasting 92

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

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

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. Compounding these data segments results in smarter recommendations with lead scoring, sales forecasting, churn prediction, and better analytics.

Sales 131

Sales Metrics Data-driven Measurement 131

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 132

Data Strategy Strategy Sales Data Governance 132

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 125

IT Consulting Technology Strategy 125

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 114

IT Insurance Consulting Risk 114

IBM Big Data Hub

FEBRUARY 20, 2024

Predictions range as high as 5 degrees Celsius or more by the end of the 21st century, according to the Climate Science Special Report from the U.S. 3 Climate Science Special Report: Fourth National Climate Assessment, Volume I. 5 Climate Change 2023: Synthesis Report. degrees Celsius (2.66 Global Change Research Program.

Modeling 113

Modeling Forecasting Reporting Risk 113

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

CIO Business Intelligence

NOVEMBER 4, 2024

“It’s going to change the relationship customers have with the company because Broadcom’s focus is on running as efficiently as possible,” said Rajiv Ramaswami, president and CEO of Nutanix, in an April 2024 episode of Bloomberg’s Tech Disruptors podcast. Ken Kaplan is Editor in Chief for The Forecast by Nutanix.

Digital Transformation 100

Digital Transformation Strategy Data Processing Forecasting 100

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. Keen to explore the full potential of BI tools?

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

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 78

Finance Forecasting Uncertainty Sales 78

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. This is where edge computing comes in. Another sector is manufacturing. One of which is the carbon footprint.

Cost-Benefit 141

Cost-Benefit Manufacturing Data-driven Optimization 141

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 85

Cost-Benefit Statistics Data Processing Forecasting 85

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 96

IT Insurance Consulting Risk 96

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 87

Digital Transformation Forecasting Technology Strategy 87

CIO Business Intelligence

DECEMBER 4, 2024

Achieving sweet success With agronomic data, real-time growth measurements, and upcoming weather forecasts, the new system allowed RES to pinpoint the optimal harvest day, leading to a €4.8 After the first year of its implementation, their SAP Intelligent Agriculture solution saw 15,000 transactions from just 25 third-party farmers.

Cost-Benefit 84

Cost-Benefit Uncertainty Manufacturing Forecasting 84

CIO Business Intelligence

AUGUST 1, 2023

that the company forecasts for the total addressable market it in which it operates. As for that recent performance, Atos reported financial results for the first half of 2023 last month. That’s ambitious given Eviden’s recent performance, but somewhat underwhelming given the much higher growth rate of 11.7% billion a year earlier.

IT 94

IT Sales Digital Transformation Marketing 94

Jet Global

MAY 31, 2023

All-in-one tax solution now streamlines Pillar Two reporting and compliance to enhance overall financial planning Standalone option available for companies seeking Pillar Two support within their existing tax solution RALEIGH, N.C. – Pillar Two is made official in 2024,” said Josh Schauer, VP of Finance at insightsoftware. Pillar Two.

Finance 59

Finance Forecasting Reporting Cost-Benefit 59

CIO Business Intelligence

JUNE 20, 2022

Those staff are less productive, too: Whereas IBM reported revenue of $57 billion in 2021 (or $200,000 per head), revenue at Atos was just $12 billion ($108,000 per head). Atos forecasts that TFCo revenue will similarly continue to decline, falling from €5.0 billion in 2024 and 2025 before returning to growth in 2026.

IT 89

IT Data Processing Forecasting Big Data 89