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Enterprises aren’t using data to make business decisions: Salesforce survey

CIO

Enterprises worldwide are not tapping the potential of their data when making critical business decisions and navigating uncertain macroeconomic conditions, according to a Salesforce survey. Just 21% of the survey respondents said they are using data to make decisions about their company’s diversity goals.

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FinOps is the discipline enterprises need to optimize cloud spending

CIO

But getting control of cloud spending can be a persistent challenge for an enterprise focused on making the most of its technology investment. But more organizations are using multiple cloud environments, which can make it difficult to track and align cost and performance insights across an enterprise. in 2023, to $591.8

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Business intelligence and analytics firm Pyramid Analytics raises $100M

TechCrunch

Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools for analytics to inform strategy. The big data and business analytics market could be worth $684 billion by 2030, according to Valuates Reports, if such outrageously high estimates are to be believed.

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12 most popular AI use cases in the enterprise today

CIO

And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand. To gain a better understanding of how companies are putting AI to practical use, consultancy Deloitte surveyed 2,620 global business leaders, across 13 countries, as part of its Fueling the AI Transformation report.

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TCO Considerations of Using a Cloud Data Warehouse for BI and Analytics

Enterprises are pouring money into data management software – to the tune of $73 billion in 2020 – but are seeing very little return on their data investments.

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Which emerging technologies are enterprise companies getting serious about in 2020?

TechCrunch

That situation can lead to a huge waste of time for startups that want to sell to enterprise customers: a business development black hole. Our survey had 211 respondents, 62% of them in North America and 59% at companies with greater than $1 billion in annual revenue.) We conducted the survey at the tail end of Q3 2020.

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Contentsquare closes a mammoth $600M round as customers clamor for digital analytics

TechCrunch

According to Couchbase, enterprises wasted on average $4.12 The same survey found that over four-fifths of companies — 82% — were prevented from pursuing digital transformation projects due to the staffing, resources and expertise required. In some cases, it cost them dearly. million on failed, delayed or scaled-back projects in 2020.

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