Jedox

AUGUST 6, 2020

In our previous blog post, “ What are Rolling Forecasts? ” we covered forecasting and rolling forecasts in general. In our second post in this series, we look at the pros and cons of introducing rolling forecasts for your organization. Year-end forecasts help to make decisions in order to achieve annual goals.

Forecasting 52

Forecasting Uncertainty Marketing Measurement 52

CIO Business Intelligence

DECEMBER 26, 2023

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 is Certain A key reason to do this is because uncertainty abounds. There are a wide range of possible outcomes in 2024.

Uncertainty 111

Uncertainty Forecasting Technology Strategy 111

Jedox

APRIL 21, 2020

In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. To understand the marginal impact of changes you need an analytical framework that measures shifts from baseline scenarios. In the face of uncertainty, investor relations are paramount.

Uncertainty 52

Uncertainty Modeling Management Finance 52

CIO Business Intelligence

FEBRUARY 8, 2024

The global IT services industry is at a significant crossroads, with the explosive growth of generative AI and deepening economic uncertainties reshaping its future. Cognizant Technology Solutions announced a full-year revenue forecast below expectations. In challenging times, tough measures are often required.

IT 98

IT Uncertainty Consulting Forecasting 98

Jedox

SEPTEMBER 3, 2020

The unprecedented uncertainty forced companies to make critical decisions within compressed time frames. The room for poor assumptions and missed forecasts shrank. Using these drivers as an overlay to stress-test models add robustness to forecasting and can identify exposure and risks to long-term stability. Conclusion.

Uncertainty 81

Uncertainty Forecasting Digital Transformation Risk 81

CIO Business Intelligence

SEPTEMBER 20, 2023

They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful. Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

Sisense

MARCH 24, 2020

Now is the time to apply the full force of business intelligence used by analytics teams to help navigate growing uncertainty. Predict: Lastly, look to forecast trends in supply and demand and track fast-moving changes in leading indicators. Integrate data to understand revenue drivers. Efficiently focus resources.

Analytics 94

Analytics Sales Forecasting Business Intelligence 94

Jet Global

OCTOBER 8, 2020

Not only have finance teams had to close companies’ books remotely, but they’ve also been required to provide the insight and information needed for some extremely complex decision-making, and continuously plan and forecast for events with little or no historical context.

Finance 98

Finance Reporting Forecasting Uncertainty 98

BI-Survey

FEBRUARY 14, 2022

Overnight, the impact of uncertainty, dynamics and complexity on markets could no longer be ignored. Local events in an increasingly interconnected economy and uncertainties such as the climate crisis will continue to create high volatility and even chaos. The COVID-19 pandemic caught most companies unprepared.

Forecasting 52

Forecasting Uncertainty Measurement Cost-Benefit 52

Jet Global

MARCH 27, 2020

Now that every industry is facing a prolonged period of uncertainty, having access to accurate, up-to-date information is more critical than ever. With so much uncertainty on the horizon, everyone in the construction industry needs to be at the top of their game , especially in terms of finance and accounting.

Uncertainty 64

Uncertainty Metrics Finance Measurement 64

Jedox

JUNE 4, 2020

But budgeting is a basic strategic exercise that creates significant, measurable value for your entire business. Integrated continuous planning supports this in several ways: Lessens the “growing pains” that come with planning and forecasting in a fast-growing business. Re-forecasting for the remainder of the year. The result?

Forecasting 64

Forecasting Uncertainty Data Processing Finance 64

CIO Business Intelligence

APRIL 28, 2024

However, new energy is restricted by weather and climate, which means extreme weather conditions and unpredictable external environments bring an element of uncertainty to new energy sources. It was the solution of choice to achieve an observable, measurable, adjustable, controllable and traceable low-voltage side. HPLC can deliver 99.9%

Interactive 95

Interactive Uncertainty Data Collection IoT 95

CIO Business Intelligence

JUNE 22, 2022

Oxford Economics, a leader in global forecasting and quantitative analysis, teamed up with Huawei to develop a new approach to measuring the impact of digital technology on economic performance. The digital economy has become a key force for economic growth and social development.

Digital Transformation 105

Digital Transformation Internet of Things Manufacturing Unstructured Data 105

IBM Big Data Hub

MAY 24, 2023

In an era of evolving consumer preferences and economic uncertainties, the beverage industry stands as a vibrant reflection of changing trends and shifting priorities. Data-driven insights and informed decision-making As with any transformative endeavor, data and data-driven insights will be paramount in Diageo’s journey.

Digital Transformation 78

Digital Transformation Consulting Data-driven Uncertainty 78

Jet Global

JULY 21, 2020

Analysts in the finance and accounting department need to dig deeper into the assumptions that drive sales forecasts. Forecast Frequently. When we combine the principle of “dig deeper” with the second principle of “forecast frequently,” it has significant implications for the finance and accounting department.

Management 64

Management Sales Forecasting Measurement 64

Data Insight

APRIL 8, 2020

So, in the face of uncertainty, how should businesses be looking to use data to stay ahead? Measure – how are things changing? Once you have identified your business risks and opportunities, the next step is to measure how the initiatives you have put in place are tracking and forecast for the future.

Key Performance Indicator 52

Key Performance Indicator Analytics Measurement Uncertainty 52

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141

Risk Manufacturing Enterprise Technology 141

Sisense

SEPTEMBER 9, 2019

We fed Kraken (BigSquid’s predictive analytics engine) information about historical warranty costs, claims, forecasts, historical product attributes, and attributes of the new products on the roadmap. And we could easily visualize how a fix could impact our warranty claim forecast. Full circle data experience: achieved.

Predictive Analytics 75

Predictive Analytics Predictive Modeling Data-driven Forecasting 75

bridgei2i

JULY 8, 2020

This is probably the first time ever that we are witnessing a demand, a supply, and also a resource uncertainty. And if you’re a banker or an insurer, you’re probably busy figuring out how to measure these risks, mobilize these resources, and fund capital that’s going to provide strong growth. These are strange times.

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Jet Global

SEPTEMBER 10, 2020

Living through periods of rapid upheaval and uncertainty, like the recent pandemic, forces us to adapt quickly to new working practices. Forward-looking enterprises that are achieving better outcomes have already quickly reworked forecasts on supply chains, materials, and costs. Navigating Your Transition to xP&A.

Forecasting 52

Forecasting Finance Uncertainty Sales 52

Jet Global

NOVEMBER 17, 2021

We also examine the uncertainties that lie ahead in international tax regimes, the power that automation and analytics will deliver to tax teams, and the outcomes of implementing tax software, which will enhance the strategic contribution that tax teams are able to make. Improve overall financial reporting and forecasts. Download Now.

Forecasting 52

Forecasting Cost-Benefit Digital Transformation Finance 52

DataRobot

JUNE 1, 2021

Recognizing and admitting uncertainty is a major step in establishing trust. Like a weather forecast, AI predictions are inherently probabilistic. Interventions to manage uncertainty in predictions vary widely. Knowing When to Trust a Model. Think of it like deciding what to wear to an outdoor event. Is rain 40% likely?

Uncertainty 52

Uncertainty Machine Learning Advertising Risk 52

Domino Data Lab

JUNE 2, 2019

Clearly, when we work with data and machine learning, we’re swimming in those waters of decision-making under uncertainty. The most poignant for me was a simple approach for measuring noise within an organization. Measure how these decisions vary across your population. Addressing cognitive bias with pre-mortems.

Data Science 110

Data Science Data-driven Machine Learning Modeling 110

The Unofficial Google Data Science Blog

APRIL 19, 2021

To explain, let’s borrow a quote from Nate Silver’s The Signal and the Noise : One of the most important tests of a forecast — I would argue that it is the single most important one — is called calibration. If, over the long run, it really did rain about 40 percent of the time, that means your forecasts were well calibrated.

Modeling 122

Modeling IT Metrics Testing 122

bridgei2i

JUNE 3, 2020

Consumers feel threatened by the prolonged uncertainty, not having had to deal with anything like it, in their lives. Difficulties in forecasting & planning: Pre-COVID forecasts are no longer valid as the pandemic has entirely disrupted the market and enterprises would need to work on new models to predict KPIs.

Manufacturing 52

Manufacturing Forecasting Uncertainty Digital Transformation 52

Insight

FEBRUARY 19, 2020

Photo by Roberto Nickson on Unsplash Much effort has been spent understanding and forecasting the success of movies (e.g., The genre uniqueness is a measure of how unique a movie’s combination of genre categories is relative to all movies in my data set. This method can also be applied to risk management in other domains as well.

Risk 67

Risk ROI Modeling Metrics 67

CIO Business Intelligence

FEBRUARY 27, 2023

Maxim Ivanov, CEO, Aimprosoft Ivanov / Aimprosoft A month before the invasion, Aimprosoft opened a new office in Ivano-Frankivsk in Western Ukraine near the Polish boarder as a business continuity measure. For us, the uncertainty of not knowing if the staff were safe was the most difficult part. says Koalitionen CEO Amir Mofidi.

Software 97

Software Marketing Uncertainty Technology 97

Andrew White

APRIL 22, 2020

Emergency measures are undertaken with little planning. In this second phase executive leaders will need to make critical business decisions with even less data and with more uncertainty. Gartner’s Forecast Analysis: Global Recession Scenario is bleak reading. This period is characterized by immediate reactions to crisis.

Software 52

Software Uncertainty Measurement Marketing 52

IBM Big Data Hub

FEBRUARY 20, 2024

These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. 5 The Global Disaster Preparedness Center recommends policymakers and others adopt a range of measures to help their regions adapt to higher heat.

Forecasting 113

Forecasting Modeling Reporting Risk 113

CDW Research Hub

OCTOBER 19, 2021

However, CDW has not completed its reconciliation of Sirius’ non-GAAP financial measures to its non-GAAP financial measures, and any future reconciliation may be material. These statements relate to analyses and other information, which are based on forecasts of future results or events and estimates of amounts not yet determinable.

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

Jet Global

NOVEMBER 16, 2021

This, in turn, has led some governments to adopt unilateral measures as a single, centralized agreement is finalized. The need to prepare for eventual change, whether it emerges from regional or global initiatives, means that MNEs should be focused on what it will mean for their tax planning and forecasting processes. Download Now.

Advertising 97

Advertising Forecasting Uncertainty Risk 97

Alation

SEPTEMBER 29, 2021

It’s been one year since we’ve started publishing the Alation State of Data Culture report, and uncertainty still remains the only sure thing. They include missing out on new revenue opportunities, poorly forecasting performance, and making bad investments. Measure and continually refine processes. Have a strong data culture?

Reporting 69

Reporting Uncertainty Data-driven Data Governance 69

Sisense

DECEMBER 13, 2021

Forecasting consumer trends. This insight can inform future partnerships, and reduce uncertainty about which services will be most relevant and useful. Most banks and credit unions have measures in place to ensure suspicious activity that might suggest fraud and money laundering is monitored.

Data-driven 59

Data-driven IT Business Intelligence Cost-Benefit 59

Smarten

JULY 18, 2022

The path to Citizen Data Scientist does not have to be fraught with uncertainty.’. The enterprise can create and manage goals and objectives using measurable data and can improve time to market and make better decisions. The path to Citizen Data Scientist does not have to be fraught with uncertainty.

Uncertainty 52

Uncertainty Predictive Analytics Forecasting Analytics 52

CIO Business Intelligence

JANUARY 23, 2025

While building from scratch is out of reach for most, consumption-based models allow CIOs to implement AI incrementally with more measurable ROI. That uncertainty creates a challenge for risk-averse companies that must work within budget constraints.

Strategy 126

Strategy Cost-Benefit ROI Risk 126

CIO Business Intelligence

DECEMBER 4, 2024

Global conflicts only add to their uncertainty and vulnerability, with rising production costs exacerbating difficulties. 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

Cost-Benefit 84

Cost-Benefit Uncertainty Manufacturing Forecasting 84

Jet Global

APRIL 8, 2021

Many organizations already consider the potential short-term challenges to their tax positions when building forecasts. How prepared are they, though, for the different sets of risks and opportunities associated with long-term uncertainties? Instead, they should already be incorporating these considerations into their tax forecasts.

Forecasting 52

Forecasting Reporting Uncertainty Key Performance Indicator 52