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How to improve your finance operation’s efficiency with generative AI

IBM Big Data Hub

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). For F&A leaders, this means that it may have the ability to transform financial data, such as business performance reports, commentary and narratives. Pilot the technology.

Finance 59
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How the cloud helps banking and finance companies tackle core modernization challenges

CIO Business Intelligence

While banking and finance organizations have aggressively moved workloads and apps to the cloud to meet changing customer needs, some remain hesitant to tackle modernization of core infrastructure and systems, fearing a disruption to the business. You know you can’t get things wrong,” says Drouet.

Finance 52
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NaaS and the “Experience Economy”

CIO Business Intelligence

To address this requirement and ensure seamless connectivity, organizations are rapidly adopting consumption-driven NaaS models to balance the cost of their network growth with the digital experience of their stakeholders. Obtaining more insight into hidden costs (e.g., Obtaining more insight into hidden costs (e.g.,

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Cloud Analytics Powered by FinOps

Cloudera

Agility, innovation, and time-to-value are the key differentiators cloud service providers (CSP) claim to help organizations speed up digital transformation projects and business objectives. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management.

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Simplifying IT strategy: How to avoid the annual planning panic

CIO Business Intelligence

Clarify how they will obstruct your achieving the IT vision and any overarching business objectives. How much will it cost? If you’re like most CIOs, you have technical debt, talent shortages, a supply-and-demand imbalance of IT resources, and many IT capabilities immature enough to compromise your vision. And what will we gain?

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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Last year, global businesses spent over $271 billion on big data. While there are many benefits of big data technology, the steep price tag can’t be ignored. We mentioned that data analytics offers a number of benefits with financial planning. The manager can track, manage, and optimize all your IT resources to cut costs.

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Practical advice to optimize savings with cloud migrations

CIO Business Intelligence

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. Lacking a clear strategy determined by business objectives.