CIO Business Intelligence

DECEMBER 11, 2023

Traditionally, the work of the CFO and the finance team was focused on protecting the company’s assets and reputation and guarding against risk. While these roles will not change, the foundational work of the finance organization, the structure, the import, and the focus of these dimensions will change.

Finance 93

Finance Forecasting IoT Predictive Modeling 93

Smart Data Collective

FEBRUARY 3, 2021

Big data is changing the nature of the financial industry in countless ways. The market for data analytics in the banking industry alone is expected to be worth $5.4 However, the impact of big data on the stock market is likely to be even greater. billion by 2026.

Big Data 139

Big Data Marketing Data Analytics Analytics 139

Jet Global

OCTOBER 14, 2022

Gone are the days of finance sitting comfortably in the back seat. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Here, we discuss three ways finance teams can cope with constant changes to the supply chain. Inability to properly budget and forecast. Break Down Silos.

Finance 52

Finance Reporting Operational Reporting Forecasting 52

Smart Data Collective

MARCH 2, 2023

In 2023, big data Is no longer a luxury. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. Companies which require immediate business funding are using data analytics tools to research and better understand their options.

Big Data 81

Big Data Uncertainty Risk Data mining 81

Smart Data Collective

JULY 9, 2023

E-commerce businesses around the world are focusing more heavily on data analytics. billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed. Take no risks when it comes to protecting data privacy!

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Jet Global

DECEMBER 2, 2022

Disruption is the name of the game, and for finance leaders to stay competitive in this turbulent new era, they’ll need a clear vision for how to move forward. For instance, organizations may direct more budget toward planning and forecasting as a recession becomes more probable.

Finance 52

Finance Reporting Forecasting Software 52

Jet Global

AUGUST 12, 2022

As the strategic role of finance teams continues to evolve, the Office of the CFO faces many new responsibilities. Resource allocation, however, does not always grow in tandem with those responsibilities, leading to scalability challenges for finance teams tasked with doing more with fewer resources. Here’s what the research revealed.

Finance 52

Finance Reporting Operational Reporting Forecasting 52

Jet Global

MAY 25, 2023

Wands for Oracle Tips & Tricks: Save Time with Quick and Easy Reconciliation Download Now Better Insights from More Accurate Data During the discussion, we touched on which metrics finance leaders should be focusing on and how they can inform strategic decision making. Reporting tools allow them to make more accurate predictions.

Finance 52

Finance Technology Reporting Operational Reporting 52

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning.

Predictive Analytics 140

Predictive Analytics Analytics Predictive Modeling Forecasting 140

Smart Data Collective

JULY 31, 2022

We have talked about a lot of the benefits of using predictive analytics in finance. However, predictive analytics will probably be even more important as global uncertainty is higher than ever. Traders will have to use it to manage their risks by making more informed decisions. Analytics Vidhya, Neptune.AI

Predictive Analytics 134

Predictive Analytics Analytics Uncertainty Forecasting 134

BizAcuity

MARCH 31, 2022

Combined, it has come to a point where data analytics is your safety net first, and business driver second. As a result, finance, logistics, healthcare, entertainment media, casino and ecommerce industries witness the most AI implementation and development. AI Adoption and Data Strategy. AI in Finance.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Jet Global

AUGUST 3, 2022

ESG reporting is rapidly becoming a key focus area for finance teams around the world. First, it will prepare finance teams for a situation that many see as inevitable. ESG stands for “environmental, social, and governance.” This is a good practice for several reasons.

Finance 52

Finance Reporting Metrics Software 52

Jet Global

APRIL 18, 2024

Over the past few years finance has played an increasingly strategic role within the wider organization, becoming the go-to team for actionable insights. Now longer a siloed unit, your finance team has been saddled with the unenviable task of navigating the organization through rough waters.

Forecasting 52

Forecasting Finance Dashboards Reporting 52

IBM Big Data Hub

SEPTEMBER 6, 2023

Obsolete data and financial projections A budget, at its core, is a financial forecast. Unanticipated risks Good budgeting plans for risks. Using an old budget can result in inadequate hedging strategies, poor financial decisions, exposure to unfavorable currency fluctuations or misjudged credit risks.

Forecasting 84

Forecasting Marketing Risk Sales 84

Jet Global

FEBRUARY 14, 2022

Finance teams have played a leading role in the adoption of technology to transform previously inefficient manual or spreadsheet-based processes. In its Salary & Recruiting Trends 2021 guide, recruiter Hays said that, while finance and accounting skills in general are in high demand, tax experience is particularly valued.

Finance 52

Finance Recreation/Entertainment Software Reporting 52

CIO Business Intelligence

NOVEMBER 20, 2023

“If you look at the advances we have seen in AI, with the large amounts of data that large language models can process, we can safely hand off various decisions to machines,” says Prasad Ramakrishnan, CIO & SVP of IT at Freshworks. Here’s a look at a few areas where it’s gaining influence. AI can help every step of the way.

Sales 126

Sales Cost-Benefit Manufacturing Forecasting 126

Jet Global

OCTOBER 10, 2023

The value data can hold has been well understood for years, yet many company leaders still need help to wrangle their data beneficially. This is especially prevalent among finance departments. More specifically, data silos remain one of the biggest barriers to innovation.

Finance 59

Finance Operational Reporting Reporting Forecasting 59

Jet Global

APRIL 15, 2024

Today’s finance teams are under more pressure than ever before. Finance is responsible not only for comprehensive financial and operational reporting, but also for accurate data analytics and precise accounting. Disclosure reporting is complex – and becoming more so all the time – and leaves no room for inaccuracies.

Reporting 52

Reporting Finance Risk Software 52

Smart Data Collective

AUGUST 7, 2022

billion on financial analytics technology this year. Most of the discussions about the role of data analytics in finance have centered around traditional financial businesses, such as insurance, mutual funds, money management and other financial institutions. Global companies are projected to spend nearly $5.9

Analytics 103

Analytics Data Analytics Finance Analytics Technologies 103

IBM Big Data Hub

JANUARY 30, 2024

According to a recent forecast from Gartner (link resides outside ibm.com) worldwide end-user spending on public cloud services is expected to grow 20.4% Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. to total $678.8 billion in 2024, up from $563.6

Strategy 93

Strategy Cost-Benefit Risk Optimization 93

Jet Global

JUNE 5, 2023

Centralized Data Creates Confidence in Compliance Tax departments of multinational financial services companies are typically decentralized and delivered in-country with limited direction from the group head office, which will normally establish local parameters and expectations.

Insurance 52

Insurance Finance Forecasting Reporting 52

CIO Business Intelligence

JANUARY 18, 2024

Global spending on technology is predicted to be up by virtually all forecasts. Technology experiences wanted in new hires In terms of specific technology experience, Licciardello says companies are clearly looking for IT leaders who have experience with AI, data analytics, and cloud computing. For example, Charlotte, N.C.,

IT 125

IT Data-driven Marketing Technology 125

Smart Data Collective

FEBRUARY 2, 2021

However, some industries have more to benefit from Big Data than others and have reached impressive milestones because data science and data analytics have helped them streamline their operations. The implementation of Big Data has huge potential in the healthcare industry , and the past few years are only the beginning.

Big Data 84

Big Data Recreation/Entertainment Cost-Benefit Finance 84

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

datapine

MARCH 25, 2022

Well, what if you do care about the difference between business intelligence and data analytics? The most straightforward and useful difference between business intelligence and data analytics boils down to two factors: What direction in time are we facing; the past or the future? Usage in a business context.

Business Intelligence 264

Business Intelligence Analytics Statistics Dashboards 264

Andrew White

JANUARY 11, 2021

Which industry, sector moves fast and successful with data-driven? Government, Finance, … Tough question…mostly as it’s hard to determine which industry due to different uses and needs of D&A. What’s your view in situation where the IT function still reports to CFO (Finance Director)? Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Smart Data Collective

SEPTEMBER 12, 2021

We have started relying on big data to research new products, improve our experience online and make a number of other improvements. One of the biggest benefits of big data has been in the field of investing. Using Big Data to Create a Well Executed Investing Strategy. Are you considering investing in stocks and shares?

Data-driven 80

Data-driven Strategy Big Data Cost-Benefit 80

CIO Business Intelligence

OCTOBER 3, 2023

Another research company, Mordor Intelligence, is forecasting annual CAGR of 19.8 They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Gartner sees these inhibitors driving an annual 11.9 trillion by 2026.

Cost-Benefit 108

Cost-Benefit Machine Learning Interactive Software 108

Jet Global

JUNE 28, 2022

The digitalization of tax and operational transfer pricing processes can have a huge impact on a multinational company’s ability to efficiently forecast and report its tax liability. Tax and transfer pricing software helps corporate finance teams to get more done with fewer resources. Download Now.

Software 52

Software Forecasting Reporting Finance 52

CIO Business Intelligence

SEPTEMBER 6, 2022

But getting to this stage was an intricate process that involved creating centers of excellence for things like data analytics that own the end-to-end infrastructure, application and skill sets, as well as career plans for staff. Pimblett hasn’t yet catalogued all of Very’s data, however.

IT 82

IT Forecasting Data Lake Enterprise 82

Jet Global

NOVEMBER 28, 2023

Although staying with your current process can seem like the safer option, it can leave you more open to risk. Rushed work increases your risk for error and noncompliance. Data Analytics: Unravelling Insights Standardizing your data with a modern tax tool allows for much deeper analysis.

Reporting 52

Reporting Finance Software Cost-Benefit 52

Sisense

JANUARY 22, 2021

For example, one fintech problem requiring actionable insights today is credit risk assessment. That advice is a quintessential actionable insight: The algorithm models the applicant’s probability of success by training on a mountain of historical data and market factors.

Machine Learning 52

Machine Learning Unstructured Data Forecasting Advertising 52

Cloudera

SEPTEMBER 15, 2022

Retail, where big data is used across all stages of the retail process—from product development, pricing, demand forecasting, and for inventory optimization in the stores. Healthcare, where big data is used for improving profitability, conducting genomic research, improving patient experience, and to save lives.

Metadata 87

Metadata Big Data Optimization Unstructured Data 87

Jet Global

JANUARY 3, 2020

When 64 C-level professionals at leading multinational corporations were asked about their successes utilizing data, most offered a pessimistic portrait: 72 percent have not created a data culture. 69 percent believe they are not data-driven. 53 percent fail to treat data as an asset. Download Now.

Business Intelligence 69

Business Intelligence Forecasting Data-driven Metrics 69

Jet Global

JUNE 5, 2023

Tax teams of multinational enterprises (MNEs) face increasing challenges to manage business and market risks effectively while reporting, as well as the shift of resources within companies. By doing so, you’ll be able to optimize your tax technology and processes so you can both spot data insights and mitigate risk.

Reporting 52

Reporting Forecasting Software Finance 52

IBM Big Data Hub

FEBRUARY 14, 2024

Maintenance schedules can use AI-powered predictive analytics to create greater efficiencies. See what’s ahead AI can assist with forecasting. They can streamline workflows to increase efficiency and reduce time-consuming tasks and the risk of error in production, support, procurement and other areas.

Cost-Benefit 83

Cost-Benefit Insurance Unstructured Data Machine Learning 83

Jet Global

OCTOBER 27, 2022

Finance teams are increasingly being asked for timely, recurring operational reports to support day-to-day decision making. The most common challenges your finance team probably faces are: lengthy report creation time, existing tool complexity, and the inability to drill into transactional data. Download Now.

Operational Reporting 52

Operational Reporting Reporting Finance Dashboards 52