CIO Business Intelligence

APRIL 10, 2025

More than 90% of IT leaders, in fact, expected their 2025 budgets to increase when surveyed in 2024. Cost transparency and accurate budget forecasting are two major parts of the TBM framework, Guarini says. Energy use has become an important expense to monitor as well, along with more traditional IT costs and risk management.

ROI 96

ROI Optimization Risk Management Forecasting 96

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. Without data that is accurate, comprehensive, and adaptable to every customers intent, businesses risk being left behind.

B2B 105

B2B Cost-Benefit Data-driven Sales 105

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Waiting too long to start means risking having to play catch-up. AI-enabling on-premises software is preferable where there is some combination of incurring less disruption to operations, faster time to value, lower risk of failure and lower total cost of ownership relative to migrating to the cloud.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

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

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. How can CIOs benefit from these new regions in 2024? Everyone is talking about GenAI.

Cost-Benefit 110

Cost-Benefit Risk Strategy Manufacturing 110

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

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 10, 2024

To drive gen-AI top-line revenue impacts, CIOs should review their data governance priorities and consider proactive data governance and dataops practices that go beyond risk management objectives. Compounding these data segments results in smarter recommendations with lead scoring, sales forecasting, churn prediction, and better analytics.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

Andrew White

JANUARY 12, 2021

Predicts 2021: Data and Analytics Leaders Are Poised for Success but Risk an Uncertain Future : By 2023, 50% of chief digital officers in enterprises without a chief data officer (CDO) will need to become the de facto CDO to succeed. By 2024, 10% of digital commerce orders will be predicted and initiated by AI.

Analytics 144

Analytics Metadata Enterprise Data-driven 144

CIO Business Intelligence

MAY 6, 2024

Here is a closer look at recent and forecasted developments in the cloud market that CIOs should be aware of. While these Workload Commitments do not always garner the highest tier of credits/incentives, it provides customers with a simpler consumption approach that avoids much of the risk of underutilization.

Marketing 131

Marketing Strategy IT Data Processing 131

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. Generative AI

Data Processing 98

Data Processing Forecasting Risk Optimization 98

datapine

NOVEMBER 27, 2019

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. It’s an extension of data mining which refers only to past data.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

MAY 28, 2024

For CISOs to succeed in this unprecedented security landscape, they must balance these threats with new approaches by performing continuous risk assessments, protecting digital assets, and managing the rapid pace of innovation in security technologies.

Strategy 131

Strategy IoT Risk Forecasting 131

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. This makes it hard to assess climate risks, mitigation efforts and other initiatives.

Reporting 78

Reporting Consulting Risk Metrics 78

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

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. CIOs and CTOs must also set the rules of the road for using AI and navigate or mitigate potential risk and ethics issues, he says.

Forecasting 135

Forecasting Experimentation Risk Machine Learning 135

CIO Business Intelligence

OCTOBER 1, 2024

Repatriation can reduce the risk of breaches and streamline compliance with regulations like GDPR or HIPAA. Gartner forecasts that worldwide end-user spending on public cloud services will reach $679 billion in 2024, up from $597 billion in 2023. Performance. Public cloud continues to grow—and that’s important. 18, 2023. “37

Forecasting 111

Forecasting Enterprise Strategy Risk 111

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. “We CIOs who expect this protection out of the box are at risk.

Risk Management 130

Risk Management Risk Enterprise Insurance 130

CIO Business Intelligence

MAY 14, 2024

IDC forecasts that global spending on private, dedicated cloud services — which includes hosted private cloud and dedicated cloud infrastructure as a service — will hit $20.4 billion in 2024, and more than double by 2027. billion in 2024 and grow to $66.4 billion in 2024 and grow to $66.4 We have no choice. Semple says.

IT 143

IT Data Processing Enterprise Modeling 143

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% Then, often reporting to risk, compliance, or security organizations, are separate data governance teams focused on data security, privacy, and quality.

Digital Transformation 145

Digital Transformation Data Governance Machine Learning Experimentation 145

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

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

MARCH 19, 2025

Similarly, Deloittes 2024 CxO Survey highlights that while CDOs prioritize AI and business efficiency, sustainability remains a secondary focus. If sustainability-related data projects fail to demonstrate a clear financial impact, they risk being deprioritized in favor of more immediate business concerns.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain. Visit: [link] Avanade is attending Hanover Messe 2024. Generative AI, Innovation

Manufacturing 98

Manufacturing Sales Risk Management Forecasting 98

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. I need to know my forecast. But is it really aligned to what the other stakeholders in the business need every single day? If I’m a sales leader, I need to know my pipeline. I need to know how many reps I’ve hired.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

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. CIOs must redirect resources when technologies as revolutionary as generative AI come to market or risk falling behind or becoming obsolete — in which case, hitting other strategic goals won’t matter much.

IT 128

IT Consulting Technology Strategy 128

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

MAY 8, 2024

We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.” The IT team plans to further enhance the application using the XGBoost machine learning software library for forecasting medication use in covered populations. Nobody has a clean, organized way to do it.”

Insurance 111

Insurance IT Cost-Benefit Unstructured Data 111

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. This resulted in increased profitability and strengthened competitive positioning within the industry.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

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. As security perimeters evolve, every access point and network element becomes a potential risk for security breach.

Risk 98

Risk Cost-Benefit Enterprise Optimization 98

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. The United Nations’ Intergovernmental Panel on Climate Change (IPCC) predicts people living in Africa, Australia, North America and Europe will face health risks due to rising temperatures and heat waves.

Forecasting 113

Forecasting Modeling Reporting Risk 113

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

John Wheeler

JANUARY 31, 2021

Regulations were set aside and associated technological and business risks were given low priority to help with the larger effort to “slow the spread” of the virus. They must evaluate the value of their digital initiatives while determining the size of their risk appetite. Cool Vendors in Integrated Risk Management.

Uncertainty 59

Uncertainty Risk Management Risk Forecasting 59

datapine

DECEMBER 4, 2019

Predictive analytics is the practice of extracting information from existing data sets in order to forecast future probabilities. Applied to business, it is used to analyze current and historical data in order to better understand customers, products, and partners and to identify potential risks and opportunities for a company.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

FineReport

APRIL 24, 2024

By presenting comprehensive insights through visualizations, decision-makers can assess trends, risks, and opportunities with greater clarity. This foresight empowers organizations to proactively prepare for upcoming shifts or developments based on credible analytical forecasts. Keen to explore the full potential of Data Visualization?

Visualization 52

Visualization Dashboards Interactive Key Performance Indicator 52

IBM Big Data Hub

FEBRUARY 14, 2024

Based on the IEA forecast, wind electricity generation is expected to more than double to 350 gigawatts (GW) by 2028 3 with China’s renewable energy market increasing 66% in 2023 alone. More precise forecasts help operators integrate more renewable energy technologies into the electricity grid. 5 New Actions to Expand U.S.

Forecasting 51

Forecasting Technology Risk Machine Learning 51

IBM Big Data Hub

MARCH 4, 2024

In 2024, companies confront significant disruption, requiring them to redefine labor productivity to prevent unrealized revenue, safeguard the software supply chain from attacks, and embed sustainability into operations to maintain competitiveness. Otherwise, the risks become too significant.

Enterprise 96

Enterprise ROI Risk Strategy 96