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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%). CIOs anticipate an increased focus on cybersecurity (70%), data analysis (55%), data privacy (55%), AI/machine learning (55%), and customer experience (53%).

Budget 363
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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

Accurate forecasting is a foundation of intelligent planning and budgeting. In addition, having accurate, data-based forecasts can be a great help at the initial negotiating stage. This group of KPIs is focused on evaluating how efficient your procurement process is. Spend vs budget measures the accuracy of budgeting.

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

Altexsoft

For example, managers can define the average employee tenure across departments or in a company as a whole, find out five critical reasons for people leaving, or compare budgets for personal education by years and units. If you already use custom KPIs or you want to introduce some, document them in addition to standard HR metrics.