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IT Budgeting Practices for Data-Driven Companies

Smart Data Collective

Companies are investing more in big data than ever before. 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.

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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). As the name suggests, it generates images, music, speech, code, video or text, while it interprets and manipulates preexisting data.

Finance 61
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Building a culture of data-driven decisions and insights with IBM Business Analytics

IBM Big Data Hub

Organizations are managing and analyzing large datasets every day, but many still need the right tools to generate data-driven insights. Even more, organizations need the ability to bring data insights to the right users to make faster, more effective business decisions amid unpredictable market changes.

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

CIO Business Intelligence

Two decades of technology-driven transformation has left many financial services firms with significant complexity and technical debt. With the added challenge for IT leaders in the highly regulated financial services industry is that data security and business resiliency are unassailable business objectives.

Finance 52
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CDOs’ biggest problem? Getting colleagues to understand their role

CIO Business Intelligence

Chief data officers have a lot to think about these days. Chief among them, they must ensure responsible, compliant use of their organizations’ data in the face of increasingly complex regulatory environments across the globe. At the end of the day, it’s all the company’s data or the consumer’s data,” he adds.

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KPI Management And Best Practices: How To Find The Perfect KPI Solutions?

datapine

An even more interesting fact: The blogs we read regularly are not only influenced by KPI management but also concerning content, style, and flow; they’re often molded by the suggestions of these goal-driven metrics. Ineffective management of KPIs means little actionable data and a terrible return on investment.

KPI 221
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Top 10 Data Innovation Trends During 2020

Rocket-Powered Data Science

In at least one way, it was not different, and that was in the continued development of innovations that are inspired by data. This steady march of data-driven innovation has been a consistent characteristic of each year for at least the past decade.