CFOs and Big Data Analytics: Smarter Investment for Smarter Performance
Making Big Data Work for the CFO
If you are a chief financial officer, you cannot afford to ignore the massive changes happening within the walls of your organization. First, the amount of data stored by enterprises is growing at a staggering pace. Gartner predicts it will grow by 650% over the next five years. Second, the CFOs office is expected to be more proactive about how it uses all this data. Instead of simply collecting, validating and reporting data, CFOs are expected to use it strategically -- to mitigate risk, cut costs, and improve margins, revenues, market share and operational efficiencies, just for starters.
Becoming adept at using data in all its many formats and quantities requires planning, resources, and a culture thats receptive to big data analytics. Find out how to create the ideal environment for exploiting all the big data in your organization.