Why CFOs should care about advanced analytics and cognitive computing
Finance analytics is taking off, with over two-thirds of organizations expecting to have substantially implemented analytics across most Finance activities in two years. Thirty-one percent of participating Finance organizations were determined to be “most effective,” having higher analytics maturity. Now, with a powerful analytic foundation, these leaders are starting to find out what they don’t know. It is no longer enough to understand what has happened and apply that to what might happen in the future – market disruption clearly demonstrates the need to identify unknown opportunities and risks. In this report, the experiences of leading Finance teams provide insights into capitalizing on the next wave of analytics: cognitive computing.
About the authors
Global Domain Leader for Finance, Risk and Fraud
IBM Global Business Services
Business Unit Executive for Analytics Solutions,
IBM Software Group
Global CFO Market Development Lead
IBM Market Development and Insights
Global Research Lead for Finance, Risk and Fraud
IBM Institute for Business Value
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