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5 hot IT budget investments — and 2 going cold

CIO

Fifty-two percent of organizations plan to increase or maintain their IT spending this year, according to Enterprise Strategy Group. This includes spending on strengthening cybersecurity (35%), improving customer service (32%) and improving data analytics for real-time business intelligence and customer insight (30%).

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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. Feel free to enjoy it.

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

Altexsoft

NLP can extract information out of documentation, interpret it, categorize, organize, and apply other analytical methods. Procurement metrics and KPIs. This KPI also helps categorize your suppliers. Cost reduction KPI is measured by comparing the old and current cost for the purchased goods and services.

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

Altexsoft

This situation isn’t extraordinary: managers and HR specialists of any organization have been there. In this article, we’ll discuss the purpose of people analytics, its common use cases, and provide a roadmap of implementing HR analytics into an organization. What’s clear is that employees and managers will have work to do.