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5 hot IT budget investments — and 2 going cold

CIO

This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%). Increasingly, businesses are realizing they need to invest in skills development to leverage emerging technologies, agrees SPR’s Mead.

Budget 363
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Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

Core Features of Power BI for Supply Chain Analytics From seamless data connectivity to intuitive visualization capabilities and seamless integration with other Microsoft products, Power BI emerges as a vital asset in optimizing supply chain operations. Here’s an in-depth look at three common types of supply chain dashboards: 1.

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Data Architect: Role Description, Skills, Certifications and When to Hire

Altexsoft

Data is now one of the most valuable assets for any kind of business. The 11th annual survey of Chief Data Officers (CDOs) and Chief Data and Analytics Officers reveals 82 percent of organizations are planning to increase their investments in data modernization in 2023.

Data 87
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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

In this article, we’ll explain what procurement analytics is, highlight the main difficulties within the purchasing process, and look at how analytics can address them. Procurement is a set of operations related to finding, acquiring, and paying for goods and supplies for business needs. Main components of procurement analytics.

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RevPAR, Occupancy Rate, ADR, and Other Hotel Metrics: How to Evaluate Your Property’s Performance

Altexsoft

Despite its simplicity, the occupancy rate is an important KPI that shows how full your hotel is. Revenue managers have to focus on this KPI to develop the revenue potential of all hotel departments and adjust the package offers and the entire upselling strategy. The CPOR is a crucial KPI that allows you to monitor your expenses.

Hotels 64
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How to Successfully Implement HR Analytics and People Analytics in a Company

Altexsoft

potential talent is becoming much more “efficient” in many firms, top talent is becoming simultaneously more expensive and more easily lost to competitors,” stresses professor of workforce analytics Mark Huselid in The science and practice of workforce analytics: Introduction to the HRM special issue. . What is people and HR analytics?

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IT Reports: Examples, Benefits, Best Practices and More

Kaseya

Data makes the world go round, forming the basis for some of the most critical business and political decisions. In the absence of data, no company, big or small, can make informed decisions, plan a strategic roadmap or forecast business growth. Service cost reports are an integral part of your business’s financial planning.

Report 52