O'Reilly on Data

JANUARY 22, 2019

Finance is not physics. Despite all the complicated mathematics of modern finance, its theories are woefully inadequate, especially when compared to those of physics. Perhaps finance is harder than physics. This observation is particularly applicable to finance. Image by Mike Shwe and Deepak Kanungo. Used with permission.

Modeling 188

Modeling Finance Uncertainty Data mining 188

Jet Global

MAY 11, 2021

. – May 11, 2021 – In the early days of the pandemic, cash flow management took center stage for many businesses and risk management continues to be a priority this year as business leaders depend more than ever on finance teams for decision-making support. Finance Team’s Role & Challenges. Two-Year Priorities.

Finance 98

Finance Technology Forecasting Uncertainty 98

Jet Global

AUGUST 6, 2020

Andy Burrows is a UK-based finance consultant who coaches businesses all over the world to drive performance using data and financial strategies that work in practice, not just in theory. Follow him on LinkedIn or on his website Supercharged Finance. . How did you come to start Supercharged Finance and what do you do there?

Strategy 96

Strategy Finance Forecasting Consulting 96

Jedox

MAY 17, 2022

What Predictive Analytics Cannot Forecast. Predictive Analytics Example in Finance. From the opening of Lloyd’s Coffee House in 1686, financial services professionals have been attempting to forecast what’s going to happen next. Visual forecasting , which is a polite way of saying get out a ruler and draw lines on paper.

Predictive Analytics 83

Predictive Analytics Finance Analytics Forecasting 83

CIO Business Intelligence

NOVEMBER 2, 2023

Yet, controlling cloud costs remains the top challenge IT leaders face in making the most of their cloud strategies, with about one third — 35% — of respondents citing these expenses as the No. Additionally, ADP’s management plan ensures all IT managers get daily reports and forecasts of cloud use to stay on top of the cloud spending.

Strategy 140

Strategy Data Processing Experimentation Optimization 140

CIO Business Intelligence

APRIL 8, 2025

I aim to outline pragmatic strategies to elevate data quality into an enterprise-wide capability. This challenge remains deceptively overlooked despite its profound impact on strategy and execution. In retail, poor product master data skews demand forecasts and disrupts fulfillment. Each domain (e.g., Completeness : Low (e.g.,

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. A performance report is an analytical tool that offers a visual overview of how a business is performing in a specific strategy, project, or department.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

Smart Data Collective

SEPTEMBER 12, 2021

Using Big Data to Create a Well Executed Investing Strategy. You can use data analytics tools to forecast future expenses and assess the probability of various costly events (such as your car breaking down based on its age and model), so you can create an emergency fund that addresses these risks.

Data-driven 116

Data-driven Strategy Big Data Cost-Benefit 116

datapine

JANUARY 21, 2020

One business report example can focus on finance, another on sales, the third on marketing. This is just one business intelligence report sample that can be developed in more detail by establishing the right KPIs and developing a business strategy and goals. Operational optimization and forecasting. click to enlarge**.

Business Intelligence 259

Business Intelligence Reporting Cost-Benefit Dashboards 259

datapine

JUNE 5, 2019

As mentioned earlier, a data dashboard has the ability to answer a host of business-related questions based on your specific goals, aims, and strategies. A data dashboard assists in 3 key business elements: strategy, planning, and analytics. So, what is a dashboard primary function? You’re saving yourself a big opportunity cost here.

Dashboards 316

Dashboards KPI Sales Visualization 316

FineReport

DECEMBER 9, 2021

Business intelligence strategy is seen as a roadmap designed to help companies measure their performance and strengthen their performance through architecture and solutions. Therefore, creating a successful BI strategy roadmap would have a great positive impact on organization efficiency. How to develop a smart BI strategy?

Strategy 98

Strategy Business Intelligence KPI Key Performance Indicator 98

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. IT Strategy

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

MARCH 21, 2022

Among the relationships that technology teams have with other business departments, the potential for improved IT-finance collaboration is quite possibly the most under-explored. It’s especially poignant when we consider the extent to which financial data can steer business strategy for the better. Poor quality data. Lost productivity.

Data-driven 116

Data-driven IT Finance Forecasting 116

David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

AI is also making it easier for executives and managers to rapidly forecast, plan and analyze to promote deeper situational awareness and facilitate better-informed decision-making. Finance people think in terms of money, but line-of-business managers almost always think in terms of things.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

IBM Big Data Hub

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Finance 82

Finance Cost-Benefit Data-driven Consulting 82

BizAcuity

FEBRUARY 21, 2025

Sales operates on one system, finance on another, and operations on its own platform. Beyond Data Collection: Why Dynamics 365 Integration is Critical Most businesses today use Dynamics 365 for managing sales, finance, customer service, or operations. Because data without intelligence is just noise.

Dashboards 52

Dashboards Optimization Finance Sales 52

Smart Data Collective

FEBRUARY 20, 2022

If you are running a business that has not yet adapted a data strategy, you should keep reading. A report last July found that 30% of companies have a formal data strategy. One study actually found that companies with a data strategy had 84% higher revenue and 66% higher profits. Make the Best Investments to Drive Growth.

Big Data 131

Big Data Management Finance Data-driven 131

datapine

AUGUST 14, 2019

Companies surely need data scientists to help them empower their analytics processes, build a numbers-based strategy that will boost their bottom line, and ensure that enormous amounts of data are translated into actionable insights. But being an inquisitive Sherlock Holmes of data is no easy task. Source: RStudio. Source: mathworks.com.

Data Science 214

Data Science Statistics Business Intelligence Visualization 214

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Organizations with on-premises applications must have a strategy and process for assessing how to take advantage of AI technology for that application domain. As AI and GenAI continue to evolve from the bright, shiny object status to a practical business tool, executives are finding ways to apply the technology.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

datapine

JANUARY 18, 2023

That said, there are various types of reports that can be used for different purposes, rather you want to track the progress of your strategies or stay compliant with financial laws, there is a different report for each task. With this information in hand, businesses can build strategies based on analytical evidence and not simple intuition.

Reporting 201

Reporting Metrics Dashboards Visualization 201

CIO Business Intelligence

DECEMBER 11, 2023

Now, it’s time to pay for it, and that’s putting a spotlight squarely on the chief financial officer (CFO), who has increasingly become the gatekeeper deciding which projects get funded and how significantly AI will play a role in enterprise strategy. For the CFOs at the center of that transformation, the stakes are higher than ever.

Finance 105

Finance Forecasting IoT Predictive Modeling 105

Jet Global

OCTOBER 21, 2020

Companies use forecasting to make critical investments, plan for covenant compliance, and even decide on future mergers and acquisitions (M&A) strategies. The way we perceive business risk, and how we manage it, is fundamentally different for every finance leader on the planet. Why change the process?

Forecasting 98

Forecasting Finance Business Driver Key Performance Indicator 98

CIO Business Intelligence

AUGUST 27, 2024

As companies embrace multicloud strategies to avoid vendor lock-in and ensure business continuity, they often face challenges in managing and optimizing costs across different platforms,” he adds. FinOps is a business discipline that blends finance and cloud operations to optimize cloud spend.

Consulting 137

Consulting Digital Transformation Strategy Forecasting 137

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% To overcome various challenges associated with multicloud , organizations need to map out a comprehensive multicloud management strategy to achieve overall success. to total $678.8

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

Smart Data Collective

FEBRUARY 3, 2021

A good example of this, an investment strategy like Fibonacci trading uses the Fibonacci sequence. The strategy is a reflection of nature since it orders the structures in line with the Fibonacci sequence. Traders have been using this strategy for quite some time. What Impact Is Big Data Having Towards Investing?

Big Data 140

Big Data Marketing Data Analytics Analytics 140

IBM Big Data Hub

DECEMBER 18, 2023

In today’s business environment, regardless of the product or service, leaders must develop a well-honed business strategy. A successful business strategy must clearly define an organization’s objectives, decision-making processes and long-term business goals.

Strategy 67

Strategy Cost-Benefit Consulting Marketing 67

Jet Global

AUGUST 25, 2020

CPM is not a strategy itself. Once isolated within the finance department, CPM is now broadly employed in the form of reporting departmental metrics measured against targets. Strategy execution is quickly becoming one of the most important areas of concern for senior executives. Reconfigure their overall strategy.

Software 96

Software Metrics Finance Key Performance Indicator 96

Jet Global

FEBRUARY 10, 2021

With the turn of the new year and many organizations now knee deep in their own year-ends, it’s possible that tax and finance departments are once again grappling with last-minute transfer pricing adjustments. The result is a year-end scramble once all the finance numbers are finalized.

Finance 98

Finance Uncertainty Forecasting Software 98

datapine

SEPTEMBER 4, 2019

An effective dashboard combines information dynamically to measure performance and drive business strategy. Effectively align strategy with tactics. In this data-driven world, many dashboard types are changing the way a successful business intelligence strategy is conducted. Provide insight into customer behavior.

Dashboards 263

Dashboards Analytics Key Performance Indicator Sales 263

Jet Global

JUNE 11, 2020

The Changing Role of Finance. As a finance professional in the utility industry, you need to contribute insights to the company from an investment and strategy perspective to help your organization effectively embrace industry changes. Taking Control with Finance-Owned Reporting. Average revenue per megawatt produced.

Finance 59

Finance Technology Forecasting Reporting 59

Smart Data Collective

FEBRUARY 14, 2023

There are many other reasons AI and big data technology is changing finance. Asset allocation is a strategy that divides your money between different asset classes in your portfolio. How do I use predictive analytics to improve my asset allocation strategy? This means you need to consider the following two factors.

Predictive Analytics 132

Predictive Analytics Management Analytics Uncertainty 132

Jedox

MARCH 26, 2020

This can be as simple as a monthly sales report to know how much product your business sold in the previous month, or more complex, such as a 12-month forecast to guide allocations in the budget for the next fiscal year. . In this post, we will focus on a term very well known in finance: Financial Planning & Analysis, or FP&A.

Finance 91

Finance Forecasting Sales Big Data 91

CIO Business Intelligence

JANUARY 15, 2024

Bernaert cited differences of opinion over governance as the reason for his departure: He disagreed with the board about the need for recent changes in the company’s strategy, and the way they were executed. However, it expects to miss its free cash flow forecast of negative €1 billion, falling a further €100 million short.

Uncertainty 111

Uncertainty Sales Finance Forecasting 111

BizAcuity

NOVEMBER 13, 2024

Beyond mere data collection, BI consulting helps businesses create a cohesive data strategy that aligns with organizational goals. The Significance of Data-Driven Decision-Making In sectors ranging from healthcare to finance, data-driven decision-making has become a strategic asset.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

Jedox

DECEMBER 28, 2021

In other words, the Office of Finance will increase its collaboration with rest of the enterprise through new tools and more efficient processes that allow for better cross-departmental data management. When a measurable change occurs, Finance requires the ability to respond immediately. Collaboration. Data Unification.

Digital Transformation 97

Digital Transformation Finance Machine Learning Forecasting 97

Jet Global

NOVEMBER 8, 2021

As businesses struggle to keep up with the pace of change, finance teams have an opportunity to play a leading role in developing and maintaining a positive trajectory for their businesses. Finance transformation is ultimately about competitive advantage. What Exactly Is “Finance Transformation” Anyway?

Finance 52

Finance Predictive Analytics Reporting Uncertainty 52

datapine

JUNE 29, 2022

It details the sources and uses of cash in relation to a business’s operations, investments, and financing. Maintaining a budget : In order to ensure the correct functioning of the different strategies and activities, managers need to set a budget that will cover everything while still ensuring profitability.

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200