January 15th 2025

Effective CFOs capitalize on big data, analytics.

According to a new IBM study, the vast majority of chief financial officers (82 percent) see the value of integrating enterprise-wide data, but only 24 percent think their team is up to the task. This marks a 205 percent increase in the gap between the importance of data and the ability to exploit its value since the question was first asked in 2005, showcasing a critical divide in the skills and capabilities for today’s finance teams.

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Advanced Analytics Offers New Opportunities for Growth.

When it comes to business intelligence, advanced analytics provides companies big and small with the ability to get a more in-depth insight into their data. This can create profitable advantages especially when the big data is mined for information pertaining to customer bases, marketing strategies and other profit-generating information. The potential advanced analytics can offer has resulted in a push for tools that can be used by professionals outside of the IT field, according to O'Reilly Media

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CRM software ‘at the heart’ of digital initiatives

 

Organizations are leveraging CRM (customer relationship management) technologies as a major part of their digital initiatives to enhance the customer experience, according to Gartner, Inc. Gartner said that demand for modern technology customer relationships is driving refreshed or expanded integration and usage of all areas of CRM software. The outlook continues to be positive for CRM as buyers focus on technologies that enable more-targeted customer interactions in multichannel environments.

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