ServiceNow is a global software provider that has developed a cloud computing platform that helps organizations manage digital workflows for enterprise operations. The provider uses its annual Knowledge user conference to educate customers and showcase product announcements. Ventana Research had the opportunity to attend the Knowledge 2024 event and provides this analyst perspective to summarize what transpired.
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Topics:
IT Service Management,
Digital Technology,
natural language processing,
Digital Security,
Field Service,
Generative AI,
AI and Machine Learning,
Observability,
Intelligent Automation,
ITOps
Verint held its analyst conference recently, using the opportunity to flesh out how it is responding to the rapid developments in artificial intelligence (AI) and data-related technologies and to changes in the way enterprises consider the purchasing process for contact center-related tools.
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Topics:
Customer Experience,
Contact Center,
Customer Experience Management,
Intelligent Self-Service
Enterprises are embracing the potential for artificial intelligence (AI) to deliver improvements in productivity and efficiency. As they move from initial pilots and trial projects to deployment into production at scale, many are realizing the importance of agile and responsive data processes, as well as tools and platforms that facilitate data management, with the goal of improving trust in the data used to fuel analytics and AI. This has led to increased attention on the role of data...
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Topics:
data operations,
Analytics & Data,
AI and Machine Learning
Until recently, dedicated consolidation software had been a sleepy category. First introduced in the 1980s as a tool designed to run on personal computers (freeing the accounting department from reliance on its IT department), offerings basically achieved feature and function parity by the next decade. The last major technology innovation—moving the software to the cloud—began in the mid-2000s. Cloud-based software reduces the cost and complexity of ownership, making dedicated software a more...
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Topics:
Office of Finance,
ERP and Continuous Accounting,
digital finance,
Generative AI,
Consolidate and Close Management
The emergence of generative artificial intelligence (GenAI) has significant implications at all levels of the technology stack, not least analytics and data products, which serve to support the development, training and deployment of GenAI models, and also stand to benefit from the advances in automation enabled by GenAI. The intersection of analytics and data and GenAI was a significant focus of the recent Google Cloud Next ’24 event. My colleague David Menninger has already outlined the key...
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Topics:
Analytics,
AI,
natural language processing,
data platforms,
Generative AI,
AI and Machine Learning
Rebalancing supply chains to improve resiliency has been a focus of enterprises with even moderately complex and long supply chains for the past four years. One aspect of this rebalancing is that it almost always involves higher costs. Volume discounts and bargaining power are reduced when more suppliers are used, or an alternate supplier may have higher factor costs and therefore must charge more. Logistics costs might increase, and when an enterprise moves from just-in-time to just-in-case...
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Topics:
Continuous Planning,
Business Planning,
Product Information Management,
Operations & Supply Chain,
Continuous Supply Chain & ERP
I recently wrote about the development, testing and deployment of data pipelines as a fundamental accelerator of data-driven strategies as well as the importance of data orchestration to accelerate analytics and artificial intelligence. As I explained in the recent Data Observability Buyers Guide, data observability software is also a critical aspect of data-driven decision-making. Data observability addresses one of the most significant impediments to generating value from data by providing an...
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Topics:
Analytics,
data operations,
Analytics & Data,
Generative AI,
AI and Machine Learning,
Machine Learning Operations
The technology landscape for enterprise IT faces a daunting challenge: complexity. As systems grow more intricate, organizations must actively seek ways to simplify the technology stack. This process, known as decomplexification, is crucial for enhancing efficiency, security and collaboration within an enterprise.
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Topics:
Cloud Computing,
IT Service Management,
Digital Technology,
Digital Security,
DevOps and Platforms,
IoT and Edge Computing,
Intelligent Automation,
ITOps,
IaC,
CI/CD,
SASE
Oracle held an industry analyst summit recently where the focus was on artificial intelligence (AI) and embedded AI. At the event, Oracle demonstrated progress in adding useful AI-enabled capabilities to its business applications, especially in finance and accounting, supply chain, HR and revenue management. To put this into context, across the software industry, AI is already at work in many finance-focused applications that are currently available, albeit often in limited release. We are in...
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Topics:
Office of Finance,
Analytics,
Business Planning,
ERP and Continuous Accounting,
digital finance,
Generative AI,
AI and Machine Learning,
Procure-to-Pay,
Order-to-Cash,
Consolidate and Close Management
Today’s workforce places a high expectation on an enterprise’s commitment to fostering a fair and inclusive workplace. Numerous advances have been made in technology and employment regulations in the past few years, elevating the need and urgency for equitable and transparent operations relative to employee compensation. Technology plays a critical role in unlocking an enterprise’s ability to modernize its compensation practices and enact a system of processes designed to ensure a fair and...
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Topics:
Human Capital Management,
Total Compensation Management,
employee experience