Smart Data Collective

APRIL 20, 2020

With the Coronavirus pandemic, the world has been thrown into complete uncertainty. Corporations need data to forecast the market’s future and the recent drop in the price of fossil fuels have invigorated alternative energy projects globally. Smart metering helps predict demand and forecasts what will be needed based on data.

Forecasting 101

Forecasting Uncertainty Big Data Marketing 101

CIO Business Intelligence

MARCH 26, 2024

Trendforce forecasts that starting in 2024, the demand for AI development and software services will significantly increase, alongside the growth of edge computing AI servers using mid-range GPUs and FPGAs.

Uncertainty 119

Uncertainty Forecasting Optimization Consulting 119

Jedox

APRIL 9, 2020

Times of crisis mean uncertainty, both personally and professionally. In this blog post, we’ll look at the importance of agility in FP&A in being able to better manage uncertainties, even during uncertain times and build resilience for the future. Business Continuity. Better agility increases resiliency.

Uncertainty 84

Uncertainty Management Forecasting Enterprise 84

CIO Business Intelligence

MARCH 15, 2023

The pressure is on to navigate economic uncertainty. growth underscores how inflation, interest rate fluctuations, and consumer spending are reshaping forecasts, investment portfolios, and the CIO agenda. All things related to maintaining the systems to land, expand, and renew business at forecasted volumes are no brainers.

Uncertainty 98

Uncertainty Cost-Benefit Forecasting Insurance 98

Dataiku

NOVEMBER 13, 2020

While the backdrop of 2020’s global health crisis and economic uncertainty makes heading into the holiday season quite unlike years past, the U.S. is still slated to drive online sales growth.

Forecasting 105

Forecasting Uncertainty Sales 105

CIO Business Intelligence

MAY 19, 2022

They’re people — each with their own unique circumstances at home, families to support, and worries about the uncertainty that comes with a volatile global pandemic. Aside from the workflow inefficiencies that come with a distributed service center, there’s an element of human emotion that needs to be addressed.

Uncertainty 122

Uncertainty Interactive Optimization Forecasting 122

Smart Data Collective

JULY 31, 2022

Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. However, predictive analytics will probably be even more important as global uncertainty is higher than ever. The EU economy is expected to increase by 2.7%

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Predictive Analytics Analytics Uncertainty Forecasting 141

Smart Data Collective

MARCH 2, 2023

As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Predictive analytics technology can help companies forecast demand One of the biggest challenges businesses face in any economy is predicting demand for their products or services.

Big Data 93

Big Data Uncertainty Risk Data mining 93

CIO Business Intelligence

AUGUST 24, 2023

It’s no surprise, then, that according to a June KPMG survey, uncertainty about the regulatory environment was the top barrier to implementing gen AI. So here are some of the strategies organizations are using to deploy gen AI in the face of regulatory uncertainty. Would you put your client’s sales forecast into Facebook?

Uncertainty 98

Uncertainty Risk Testing Enterprise 98

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

JULY 18, 2022

According to John-David Lovelock, research vice president at Gartner, inflationary pressures are top-of-mind for most IT decision-makers at the moment, which creates a degree of uncertainty—high prices today could become even higher tomorrow. We forecast this trend is going to continue over the next couple of years.”.

IT 144

IT Uncertainty Sales Data-driven 144

The Data Visualisation Catalogue

OCTOBER 18, 2024

A Fan Chart is a visualisation tool used in time series analysis to display forecasts and associated uncertainties. Each shaded area shows the range of possible future outcomes and represents different levels of uncertainty with the darker shades indicating higher levels of probability.

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Snapshot Uncertainty Forecasting Risk 83

CIO Business Intelligence

MARCH 23, 2023

Despite the reduced forecast, Accenture’s diversified business and industry mix can help offset weakness in specific sectors, such as technology, and provide stability, Rasero said, adding that long-term demand prospects for Accenture’s services remain high as the company continues to benefit from digital transformation trends.

Uncertainty 98

Uncertainty Cost-Benefit Consulting Digital Transformation 98

John Wheeler

JANUARY 31, 2021

No doubt, 2021 will be the year of uncertainty and change. As it turns out, uncertainty and change are the two primary aspects of strategic, operational and technology risk fueling the current demand for integrated risk management (IRM). A focus on performance and assurance helps to reduce uncertainty related to strategic goals.

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Uncertainty Risk Management Risk Forecasting 59

Jedox

APRIL 16, 2020

Dean Boyer as a guest to the Jedox Blog for our series on “Managing Uncertainty” Mr. Boyer is a Director of Technology Services at Marks Paneth LLP, a premier accounting firm based in the United States. He shares his expertise on how an EPM solution supports managing economic uncertainty, particularly in times of crisis.

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Uncertainty Management Forecasting Predictive Modeling 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

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.

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Uncertainty Forecasting Technology Strategy 111

CIO Business Intelligence

MAY 2, 2022

Faced with massive uncertainties, many organizations have essentially given up on crafting strategy, deciding instead that regulatory compliance will be a surrogate for strategy. Embrace uncertainty. In the U.S., roughly 12% of GDP is spent on regulatory compliance.

Digital Transformation 145

Digital Transformation Uncertainty Strategy Forecasting 145

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. Data Analyst Solomon Nyamson wrote an article on Linkedin pointing out that predictive analytics tools like Sarima have made it easier than ever to forecast retail sales due to seasonal changes.

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Management Analytics Predictive Analytics Cost-Benefit 127

BI-Survey

MARCH 16, 2021

Markets and competition today are highly dynamic and complex, and the future is characterized by uncertainty – not least because of COVID-19. This uncertainty is currently at the forefront of everyone‘s minds. A dynamic environment requires flexible decision support and short-term updates of targets and forecasts.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

BI-Survey

MARCH 16, 2021

Markets and competition today are highly dynamic and complex, and the future is characterized by uncertainty – not least because of COVID-19. This uncertainty is currently at the forefront of everyone‘s minds. A dynamic environment requires flexible decision support and short-term updates of targets and forecasts.

Forecasting 52

Forecasting Management Uncertainty Predictive Modeling 52

O'Reilly on Data

JANUARY 22, 2019

All models, therefore, need to quantify the uncertainty inherent in their predictions. Errors in analysis and forecasting may arise from any of the following modeling issues: using an inappropriate functional form, inputting inaccurate parameters, or failing to adapt to structural changes in the market.

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Modeling Finance Uncertainty Data mining 135

DataRobot Blog

OCTOBER 4, 2022

This has prompted AI/ML model owners to retrain their legacy models using data from the post-COVID era, while adapting to continually fluctuating market trends and thinking creatively about forecasting. In the last few years, businesses have experienced disruptions and uncertainty on an unprecedented scale. The Dataset.

Forecasting 59

Forecasting Sales Data-driven Modeling 59

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.

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Uncertainty Forecasting Finance Data-driven 85

CIO Business Intelligence

JANUARY 15, 2024

Having a finance expert like Saleh at the helm could help stabilize Atos as it seeks to negotiate the uncertainties around its debt rescheduling and its recapitalization plans, which the company says are unchanged since its announcement on Jan. It had previously reported revenue of €11.3

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Uncertainty Sales Finance Forecasting 111

Jedox

APRIL 21, 2020

In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. At the fund level, great uncertainty demands continual strategic and portfolio reviews to manage liquidity, identify assets at risk, and understand growth challenges. Pinpoint opportunities.

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Uncertainty Modeling Management Finance 52

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

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

JANUARY 12, 2021

With the pace of change and uncertainty facing your business, is your current planning process fit for purpose? How easily can you keep up with new pressures to forecast more frequently, more accurately, and with input from across the whole organization? Europe, Middle East, Africa. Register Now. Asia Pacific. Register Now.

Uncertainty 98

Uncertainty Finance Forecasting Testing 98

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

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

APRIL 12, 2021

Demands on tax teams have never been greater, especially when the uncertainty of the economy and the ongoing impact of the pandemic are considered. It’s likely to be later in 2021 or 2022 by the time normality reappears, and such uncertainty requires tax professionals to plan for multiple scenarios.”. Process, Technology, and People.

Software 98

Software Uncertainty Forecasting Finance 98

erwin

AUGUST 13, 2020

Compliance and Legislation : How do we manage uncertainty around legislative change (e.g., balance growth goals with cost reduction, forecast resources needs vs. revenue)? Customer Engagement : How can we better engage with customers including brand, loyalty, customer acquisition and product strategy? big data, analytics and insights)?

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

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

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

Timo Elliott

JANUARY 4, 2021

First, because uncertainty exploded. For example, it’s used for pipeline forecasting, and it has been particularly useful recently – we cancelled almost all staff travel and physical events, and the system was used to project the effects on profitability. Dashboards and analytics have been around for a long, long time.

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Dashboards Visualization Data-driven Forecasting 139