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. But if all gen AI does is improve productivity, CIOs may be challenged long term to justify budget increases and experiments with new capabilities.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

IBM Big Data Hub

JUNE 22, 2020

We live in the age of connectivity. Everyone and everything is constantly connected; yet, in most organizations, business unit planning operates in silos. This fragmented approach is often the result of spreadsheet-driven planning processes, which impede collaboration.

Forecasting 92

Forecasting 92

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Also center stage were Infor’s advances in artificial intelligence and process mining as well as its environmental, social and governance application and supply chain optimization enhancements. The company provides industry-specific enterprise software that enhances business performance and operational efficiency.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

Artificial Intelligence and generative AI are beginning to change how enterprises do many things, especially planning and budgeting. AI is also making it easier for executives and managers to rapidly forecast, plan and analyze to promote deeper situational awareness and facilitate better-informed decision-making.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

datapine

MAY 6, 2022

It ensures everything flows correctly and effectively, minimizing issues and impacting the budget. Order management systems (OMS) have a lot of internal budget-saving options. Simply increasing the number of required scans and verifications in your OMS platform can go a long way to saving your budget.

Management 229

Management Sales Insurance Dashboards 229

O'Reilly on Data

FEBRUARY 11, 2019

Recent improvements in tools and technologies has meant that techniques like deep learning are now being used to solve common problems, including forecasting, text mining and language understanding, and personalization. Forecasting Financial Time Series with Deep Learning on Azure”. With that said, important challenges remain.

Big Data 271

Big Data Technology Machine Learning Deep Learning 271

David Menninger's Analyst Perspectives

JANUARY 24, 2023

Developing accurate forecasts requires integrating exogenous data with the internal performance data, but it’s challenging to find quality external data and then get that raw data clean enough to input into any model. By identifying these factors, organizations can better plan for changing market environments and seize market opportunities.

Analytics 130

Analytics Forecasting Machine Learning Testing 130

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

JANUARY 21, 2025

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. times compared to 2023 but forecasts lower increases over the next two to five years. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. The complex and ever-evolving nature of logistics makes it an essential use case for big data applications. Did you know?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

datapine

JUNE 15, 2023

2) The Importance of Performance Reports 3) Performance Report Examples 4) Performance Reporting Tips Performance reporting has been a traditional business practice for decades now. In the past, these reports were used after a month or even a year since the data being displayed was generated. It is no longer enough to get a static view of the past.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

Jet Global

JUNE 8, 2021

In periods of great uncertainty, organizations forecast more frequently in the hope that it will give them a better handle on their trading prospects, levels of activity, and resources needed for the coming months. The forecasting wheel is turning faster and faster, but the process hasn’t changed materially.

Forecasting 98

Forecasting Uncertainty Cost-Benefit Reporting 98

datapine

MARCH 25, 2022

Table of Contents. 1) What Is Business Intelligence And Analytics? 2) BI vs BA As Seen Through Football. 3) BI And BA Main Differences. 4) How Do BI And BA Apply To Business? 5) BI And BA Use-Case Scenarios. 6) BI And BA Examples. If you feel a bit uncertain about the specifics here, you’re not alone, experts aren’t in agreement either!

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Jedox

FEBRUARY 11, 2021

However, forecasting or predicting how much your customers want to buy or how well a business would perform in the future was much more difficult to achieve way back then. But what about forecasting? As CRM has evolved, many vendors included sales forecasting functionalities in their tools. Let your CRM work its magic.

Forecasting 119

Forecasting Sales Finance Interactive 119

CIO Business Intelligence

APRIL 29, 2024

IT decision-makers know that generative AI is the most disruptive technology in decades and are budgeting accordingly. IDC has forecast that spending on AI solutions will grow 27% per year to $423 billion by 2027. Check out the infographic below for AI adoption predictions, including tips for staying prepared.

Forecasting 121

Forecasting Technology IT 121

Jet Global

MARCH 19, 2021

To keep a closer eye on the state of the business, many leaders in the real-estate sector are looking to shrink their budgeting and planning cycles, or even moving to continuous planning and rolling forecasts. Planning and budgeting tools in these systems tend to be far too rigid for most finance professionals.

Management 98

Management Forecasting Finance Reporting 98

CIO Business Intelligence

FEBRUARY 15, 2024

In the age of digital transformation, the CIO’s role is increasingly central to business, focused on driving growth and establishing a new digital culture across the organization. But without the full support of the CEO, a CIO’s innovation and digital transformation agenda will only go so far.

Strategy 134

Strategy Digital Transformation Cost-Benefit Forecasting 134

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

IT 105

IT Insurance Consulting Risk 105

Smart Data Collective

JUNE 16, 2022

This figure will rise as globalization, supply chain challenges and other factors increase competitiveness. This is an important year for enterprises keeping in view that most global industries are recovering from the pandemic horror, and the era of web 3.0 is at the doorstep. They are using analytics to help drive business growth. bn by 2025. .

Business Analytics 135

Business Analytics Analytics Forecasting Business Analysis 135

datapine

JUNE 29, 2022

Tracking the financial health of a business and its evolution over time is essential: to organize important business transactions, and keep track of invoices, but also for legal purposes. Created centuries ago with the development of trade and commerce, accounting is now the backbone of any business’ financial world.

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200

Jet Global

MARCH 17, 2020

Some companies, such as drinks brand Diageo, have declared their profit warnings, forecasting between £140-£200m profit losses this year. Some companies, such as drinks brand Diageo, have declared their profit warnings, forecasting between £140-£200m profit losses this year. . Working from home is fast becoming an option for many. .

Forecasting 97

Forecasting Sales Marketing Finance 97

Jet Global

MAY 21, 2020

Financial professionals in higher education, whether private or public, face additional challenges when budget planning. This is because their budgets are not just based on historical data. Projected student enrollment, grade performance, alumni donations, and scholarships can influence the forecast for the fiscal year’s budget.

Finance 98

Finance KPI Forecasting Data-driven 98

datapine

JANUARY 18, 2023

No matter what role or industry you work in, chances are that you have been faced with the task of generating a tedious report to show your progress or performance. This presents a problem for many modern organizations today as building reports can take from hours to days. How can you push yourself ahead of the pack with the power of information?

Reporting 201

Reporting Metrics Dashboards Visualization 201

Jet Global

MAY 20, 2020

Get everyone on the same page by using driver-based budgeting. Update forecasts on a daily, weekly, or monthly basis, or on demand with input from front-line workers to drive greater accuracy. Update forecasts on a daily, weekly, or monthly basis, or on demand with input from front-line workers to drive greater accuracy.

Finance 98

Finance Forecasting Reporting Modeling 98

Jedox

OCTOBER 24, 2019

A high-quality business forecast delivers far more than just numbers. It provides valuable information on what still needs to be done by whom in order to achieve the budget goals set. Finance professionals regularly try to look in their crystal ball with forecasts and enable the company to have seamless, solid planning.

Forecasting 84

Forecasting Finance Risk Sales 84

CIO Business Intelligence

SEPTEMBER 3, 2024

Looking ahead to the 2025 budget season my futurist colleagues forecast a drama-rich street fight for enterprise IT resources. With 2025 budgets expected to be tight, IT must have its “value story” ready. Is this too much to ask? Too often we approach value creation as a binary issue. Value is a multifaceted issue.

Cost-Benefit 128

Cost-Benefit Advertising Measurement Statistics 128

Jet Global

MARCH 10, 2021

The annual budgeting process tends to be a fairly intensive undertaking. Sales forecasts lay out expected revenue, department heads pull together their wish lists for the coming year, and finance brings it all together into a cohesive structure, after which the negotiation process can begin. It’s Not Just About Volatility.

Management 98

Management Cost-Benefit Forecasting ROI 98

CIO Business Intelligence

JANUARY 26, 2023

You could rent a rack with the spare change behind the sofa cushions and have money left for an ice cream sandwich. Those days are long gone. When the monthly cloud bill arrives, CFOs are hitting the roof. Developer teams are learning that the pennies add up, sometimes faster than expected, and it’s time for some discipline.

Management 116

Management Forecasting Dashboards Optimization 116

datapine

JANUARY 21, 2020

Big data plays a crucial role in online data analysis , business information, and intelligent reporting. Companies must adjust to the ambiguity of data, and act accordingly. Spreadsheets no longer provide adequate solutions for a serious company looking to accurately analyze and utilize all the business information gathered. What Is BI Reporting?

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

IBM Big Data Hub

SEPTEMBER 6, 2023

Budgeting, an essential pillar of financial planning for organizations, often presents a unique dilemma known as the “Budgeting Paradox.” ” Ideally, a budget should give the most accurate and timely idea of anticipated revenues and expenses. It’s not about dismissing traditional budgeting.

Forecasting 82

Forecasting Marketing Sales Risk 82

Jet Global

FEBRUARY 2, 2021

Forecasting and planning have taken on much greater importance than ever before. The planning and forecasting tools provided with most ERP systems provide limited flexibility, and typically require a considerable amount of manual effort. Over time, the process that has historically been known as budgeting and forecasting has evolved.

Forecasting 96

Forecasting Finance Uncertainty Dashboards 96

Jedox

APRIL 16, 2020

What does your economic forecast look like for the foreseeable future? EPM (Enterprise Performance Management) incorporates the power of automated planning, budgeting, and forecasting with the powerful capabilities of tools such as artificial intelligence and machine learning. Budget available resources and investments.

Uncertainty 94

Uncertainty Management Forecasting Predictive Modeling 94

Smart Data Collective

MARCH 8, 2021

According to a forecast by IDC and Seagate Technology, the global data sphere will grow more than fivefold in the next seven years. The industry is continually changing, so if you want to successfully plan your budget, it is essential to effectively use the available funds in the present. Fuel Management.

Big Data 143

Big Data Management Predictive Analytics Statistics 143

CIO Business Intelligence

MAY 4, 2022

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. This comes after years of transformational initiatives being cited as the top reason driving budget increases.

IT 135

IT Business Driver Reporting Uncertainty 135

Jet Global

OCTOBER 21, 2020

Companies use forecasting to make critical investments, plan for covenant compliance, and even decide on future mergers and acquisitions (M&A) strategies. Traditionally, planning is performed on a quarterly, bi-annual, or annual basis by finance departments, with a big push for the annual budget. Why change the process?

Forecasting 98

Forecasting Finance Business Driver Key Performance Indicator 98

Jedox

JULY 30, 2020

Rolling forecasts are a specific type of financial forecasting that use existing data to help predict aspects of business performance throughout the year. In this blog post, we explain what’s unique about this type of forecasting, how it works and why more and more companies are opting for rolling forecasts.

Forecasting 89

Forecasting Finance Marketing Sales 89

CIO Business Intelligence

DECEMBER 7, 2022

Budget planning during uncertain economic times is never CIOs’ favorite activity. For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas. But the next eighteen months aren’t shaping up to be as challenging as some may fear.

IT 132

IT Insurance Cost-Benefit Risk Management 132