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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%).

Budget 363
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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. Let’s discuss each of them in detail.

Data 87
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Improving Decision Making by 75% using Supply Chain Visualization

Sunflower Lab

By leveraging supply chain visualizations, organizations can enhance customer satisfaction through improved forecasting accuracy, optimized inventory management, and streamlined logistics. This integration streamlines the process of analyzing and sharing supply chain data within the organization, fostering collaboration and alignment.

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IT Reports: Examples, Benefits, Best Practices and More

Kaseya

The IT department is one of the most important departments for the success of an organization. IT reports help companies plan better budgets, prevent client churn and streamline processes by making informed business decisions. According to the 2022 IT Operations Survey , budgets increased in five out of nine budget brackets.

Report 52
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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 January 2018, The US Bureau of Labor Statistics conducted an employee tenure survey. Every process that is automated increases the efficiency and transparency of business,” sums up Yuliia. What is people and HR analytics?