Smart Data Collective

OCTOBER 6, 2023

One of the biggest benefits of data analytics is that it helps companies improve stability during times of uncertainty. In this article, we will explore the significance of managing seasonal fluctuations and the strategies businesses can implement. Businesses must forecast demand accurately to ensure supply can meet demand.

Management 121

Management Analytics Predictive Analytics Cost-Benefit 121

Jedox

APRIL 21, 2020

In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. Once the low point has passed, transformation strategies – which were already on the agenda – may be accelerated. In the face of uncertainty, investor relations are paramount.

Uncertainty 52

Uncertainty Modeling Management Finance 52

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

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Reputational management is another driver for boards to build tax planning into ERM strategies.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

Jedox

JANUARY 3, 2023

In times of uncertainty and change, technology can drive our ability to adapt quickly. Geopolitical tensions could cause rapid change across the economy, requiring organizations to change strategies quickly, re-forecast often, and use multiple scenario planning with all information available. Technology is a talent magnet.

Uncertainty 85

Uncertainty Forecasting Finance Data-driven 85

CIO Business Intelligence

MAY 2, 2022

Digital transformation is not a strategy —a strategy has an end point, a set of tactics designed to achieve that end point, and a timeline. IT strategy in the digital age. The path forward begins with strategy and strategy begins with conversations—conversations with customers, employees, suppliers, and stakeholders.

Digital Transformation 145

Digital Transformation Uncertainty Strategy Forecasting 145

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.

IT 98

IT Uncertainty Consulting Forecasting 98

Jet Global

AUGUST 6, 2020

Andy Burrows is a UK-based finance consultant who coaches businesses all over the world to drive performance using data and financial strategies that work in practice, not just in theory. I always have a value driver tree in my strategy sessions, and employee engagement can go on that tree.

Strategy 96

Strategy Finance Forecasting Consulting 96

CIO Business Intelligence

JANUARY 15, 2024

Bernaert cited differences of opinion over governance as the reason for his departure: He disagreed with the board about the need for recent changes in the company’s strategy, and the way they were executed. However, it expects to miss its free cash flow forecast of negative €1 billion, falling a further €100 million short.

Uncertainty 111

Uncertainty Sales Finance Forecasting 111

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. But the CIO had several key objectives to meet before launching the transformation.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

NOVEMBER 1, 2024

Paul Beswick, CIO of Marsh McLellan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. But the CIO had several key objectives to meet before launching the transformation.

IT 105

IT Insurance Consulting Risk 105

The Unofficial Google Data Science Blog

APRIL 17, 2017

by ERIC TASSONE, FARZAN ROHANI We were part of a team of data scientists in Search Infrastructure at Google that took on the task of developing robust and automatic large-scale time series forecasting for our organization. So it should come as no surprise that Google has compiled and forecast time series for a long time.

Forecasting 83

Forecasting Modeling Statistics Uncertainty 83

CIO Business Intelligence

DECEMBER 13, 2023

The company is focusing on automating financial processes so workers can concentrate on the strategic aspects of their businesses, said Dan Brown, Certinia’s chief product and strategy officer, in a conference call to present the new release to press and analysts.

Finance 101

Finance Forecasting Uncertainty Sales 101

CIO Business Intelligence

OCTOBER 12, 2023

Premium Plus includes access to sustainability insights derived from business processes’ carbon footprints and financial costs (SAP’s “ green ledger ”), new generative AI capabilities accessed through its Joule virtual assistant, improved forecasting, and the ability to create a portal for suppliers to simplify spend management.

Cost-Benefit 124

Cost-Benefit Uncertainty Enterprise Risk 124

CIO Business Intelligence

SEPTEMBER 22, 2022

This echoes some existing sentiment, especially around D&I, for instance, but the discipline of success lies in not only thinking 10 years ahead but also walking it back to the present to account for progress—a model that has given the IFTF a consistent track record of successfully forecasting futures. “I

Uncertainty 111

Uncertainty Forecasting Visualization Big Data 111

Jet Global

FEBRUARY 10, 2021

Contributory factors to uncertainty. Two of the biggest reasons that lead to year-end uncertainty and eleventh-hour price changes are the lack of proper planning and coordination that should happen throughout the year. A further 10 percent calculate October actuals and 2-month forecasts. How to establish best practices.

Finance 98

Finance Uncertainty Forecasting Software 98

CIO Business Intelligence

APRIL 28, 2024

Carbon neutrality and carbon peak strategies are driving the adoption of new energy worldwide. 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.

Interactive 95

Interactive Uncertainty Data Collection IoT 95

Jet Global

MAY 11, 2021

By a significant margin, respondents identified financial planning and analysis (66%) as the finance team’s main responsibility, followed by its key elements of financial modeling (56%) and budget and forecasting (48%). COVID-19 Response & Economic Recovery Indicators. Visit insightsoftware.com for more information.

Finance 98

Finance Technology Forecasting Uncertainty 98

erwin

AUGUST 13, 2020

Here are some of the issues and questions being raised: Growth : How do we define growth strategies (e.g., Customer Engagement : How can we better engage with customers including brand, loyalty, customer acquisition and product strategy? Compliance and Legislation : How do we manage uncertainty around legislative change (e.g.,

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

Jet Global

JUNE 21, 2023

CEOs are increasingly partnering with CFOs to guide companies through this current uncertainty. Accurate financial forecasting requires more frequent reporting, tapping the productivity of already lean finance teams,” said Bryan Motteram, VP of product marketing at insightsoftware.

Finance 52

Finance Uncertainty Digital Transformation Reporting 52

O'Reilly on Data

JANUARY 22, 2019

Whether financial models are based on academic theories or empirical data mining strategies, they are all subject to the trinity of modeling errors explained below. All models, therefore, need to quantify the uncertainty inherent in their predictions. These factors lead to profound epistemic uncertainty about model parameters.

Modeling 135

Modeling Finance Uncertainty Data mining 135

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

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. Furthermore, obtaining organisational consensus on a forecast can be as difficult as getting the organisation to contribute to the planning process in the first place.

Forecasting 98

Forecasting Finance Business Driver Key Performance Indicator 98

Jet Global

APRIL 9, 2023

Now more than ever, organizational leadership is looking to the Office of the CFO to be a strategic partner in building an overall business strategy. This means finance is saddled with providing timely planning, forecasting, and reporting that informs business decisions in the moment.

Finance 52

Finance Forecasting Predictive Analytics Data-driven 52

CIO Business Intelligence

MAY 23, 2023

By extending our multi-cloud strategy, we will invest in extending Vmware’s software stack to run and manage workloads across private and public clouds, which means any enterprise can run application workloads easily, securely, and seamlessly on-prem, or in any cloud platform they prefer.

Uncertainty 145

Uncertainty Cost-Benefit Risk Enterprise 145

Jet Global

JULY 16, 2020

The construction industry has been hit especially hard by the events of 2020, with spending in the US forecast to be down as much as 9 percent. Emphasis on accurate financial and operational reporting in order to maintain cash flow is more important than ever. About insightsoftware. Visit insightsoftware.com for more information.

Software 98

Software Forecasting Uncertainty Finance 98

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. We are bringing together a diverse team of consultants to lead the strategy and help implement RISE with SAP S/4HANA Cloud across Diageo’s global business.

Digital Transformation 78

Digital Transformation Consulting Data-driven Uncertainty 78

Jedox

JUNE 4, 2020

Integrated continuous planning supports this in several ways: Lessens the “growing pains” that come with planning and forecasting in a fast-growing business. If the idea of doing an annual budget seems scary, let alone re-forecasting monthly, then you haven’t been working with the right tools or embracing the right strategy.

Forecasting 64

Forecasting Uncertainty Data Processing Finance 64

IBM Big Data Hub

FEBRUARY 20, 2024

According to the Geophysical Fluid Dynamics Laboratory of the US’s National Oceanic and Atmospheric Association (NOAA), “Climate models reduce the uncertainty of climate change impacts, which aids in adaptation.” In some cases, the latter can mean rolling back older flood mitigation strategies.

Modeling 113

Modeling Forecasting Reporting Risk 113

CIO Business Intelligence

FEBRUARY 24, 2023

Tanzu is a central part of VMware’s software portfolio and its multi-cloud strategy, and will remain that way after Broadcom’s acquisition of VMware closes. Air Force Software Factory is now self-sustaining, employing more than 1200 people who build mission critical systems that will increasingly leverage a multi-cloud strategy.

Uncertainty 119

Uncertainty Software Risk Cost-Benefit 119

CIO Business Intelligence

MAY 16, 2023

By Bryan Kirschner, Vice President, Strategy at DataStax Consumers love smart personalization. The company is all in on AI, as this Forbes article posits: “Target can now use artificial intelligence (AI) to recommend products based on searches, to aid demand forecasting and ordering and all along the supply chain.

Recreation/Entertainment 52

Recreation/Entertainment Uncertainty Strategy Forecasting 52

DataRobot Blog

JUNE 21, 2022

The last few years have been plagued with uncertainty, making it difficult to navigate everyday life, let alone plan and make thoughtful decisions for a business. Forecasting for the Real World, Not the Ideal World. When you upload prediction files, the forecast is shown in green and at the top of the chart. Download Now.

Forecasting 59

Forecasting Sales Uncertainty Testing 59

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. Evan Castle is Head of Market Intelligence & Strategy at Sisense.

Analytics 94

Analytics Sales Forecasting Business Intelligence 94

Jet Global

OCTOBER 10, 2023

Connected global teams : COVID-19 quickly ushered in a new way of working, and by the end of 2023, Gartner forecasts that 39% of global knowledge workers will operate in a hybrid setting. As mentioned, market uncertainty is increasing the demand for more frequent and accurate forecasts and reporting.

Finance 59

Finance Operational Reporting Reporting Forecasting 59

Jet Global

JULY 5, 2023

And on the other, internal pressures like the need for more frequent, accurate forecasting force CFOs to re-evaluate their existing tools and processes. The Impact of Market Uncertainty This year, Finance decision-makers are feeling pressure from both internal and external sources.

Finance 52

Finance Uncertainty Reporting Marketing 52

CIO Business Intelligence

MAY 4, 2022

Companies that used to be able to put the virtual brick walls around the building and say they’re secure on the inside now have too many openings — to the cloud, partners, customers, employees — for that strategy to be viable.”. It’s securing what has evolved in the past few years and what has been evolving.”

IT 135

IT Business Driver Reporting Uncertainty 135

CIO Business Intelligence

DECEMBER 19, 2022

In short, Broadcom sees cloud sovereignty as extremely important to the future of data management, and we see VMware, with its multi-cloud strategy and offerings, as being a key enabler in the adoption of sovereign clouds.

Uncertainty 138

Uncertainty Risk Data-driven Reporting 138