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  • for Month: 2022/10

A Finance Department Data Strategy for ESG Compliance

Posted by Robert Kugel on 31 October 2022
Sensitivity to environmental, social and governance issues – or ESG – has grown over the years and with it, increasing attention by some investors and government entities urging organizations to measure and disclose ESG metrics. The discussion about ESG reporting is now focused on high-level issues such as what data to gather, how to use it in reporting, and perhaps how to manage the disclosure... Read More

Topics: Office of Finance, Financial Performance Management, ERP and Continuous Accounting

Revenue Operations Guides the Modern Revenue Organization

Posted by Stephen Hurrell on 27 October 2022
The topic of revenue operations has been extensively covered recently, not least by vendors extolling the virtues of their particular offering. But as with much of the software industry, vendors often see the market through the lens of their current product capabilities rather than what is necessarily needed. With the rise of the mixed-revenue model that includes subscription and usage pricing as... Read More

Topics: Revenue Performance Management, Office of Revenue

The Rising Expectations for Finance Analytics

Posted by Robert Kugel on 26 October 2022
It’s likely that finance analytics trace back to when people first began to record transactions on clay tablets. Financial analytics were given a boost with the codification of double-entry bookkeeping, an elegant system for recording transactions that facilitate the assessment of the performance and health of an organization. Further advances were achieved with the first mechanical – and then... Read More

Topics: Office of Finance, Business Planning, Financial Performance Management

Orchestrating Data Pipelines Facilitates Data-Driven Analytics

Posted by Matt Aslett on 25 October 2022
I have written a few times in recent months about vendors offering functionality that addresses data orchestration. This is a concept that has been growing in popularity in the past five years amid the rise of Data Operations (DataOps), which describes more agile approaches to data integration and data management. In a nutshell, data orchestration is the process of combining data from multiple... Read More

Topics: Data Management, Data, data operations, Analytics and Data, AI and Machine Learning

MLOps: A Disciplined Approach That Increases Organizational Agility

Posted by David Menninger on 20 October 2022
Artificial intelligence and machine learning are valuable to data and analytics activities. Our research shows that organizations using AI/ML report gaining competitive advantage, improving customer experiences, responding faster to opportunities and threats and improving the bottom line with increased sales and lower costs. No wonder nearly 9 in 10 (87%) research participants report using AI/ML... Read More

Topics: Analytics, AI and Machine Learning

Planful Acquires for Marketing Performance in Planning Suite

Posted by Robert Kugel on 19 October 2022
Planful recently acquired Plannuh, a marketing-performance management application, to integrate into the Planful platform so that organizations can connect their marketing planning and analysis group with the finance department. There’s the old story of a CEO who said, “I know half my marketing spend is wasted, I just don’t know which half.” Plannuh is designed to answer that question. Since... Read More

Topics: Marketing Performance Management, Office of Finance, Business Planning, Financial Performance Management, intelligent marketing

Cloudera Embraces SaaS with Data Lakehouse Launch

Posted by Matt Aslett on 18 October 2022
Ventana Research’s Data Lakes Dynamics Insights research illustrates that while data lakes are fulfilling their promise of enabling organizations to economically store and process large volumes of raw data, data lake environments continue to evolve. Data lakes were initially based primarily on Apache Hadoop deployed on-premises but are now increasingly based on cloud object storage. Adopters are... Read More

Topics: Business Intelligence, Data Governance, Data Management, Data, data operations, Streaming Data Events, analytic data platforms, Analytics and Data, AI and Machine Learning

Revenue Model Mix Optimization for Every Organization

Posted by Stephen Hurrell on 14 October 2022
Much has been written in recent years on the emergence of subscription management as a new revenue model that both vendors and buyers are embracing as the future. The benefits speak to the value of a predictable revenue stream for the vendor, but more importantly, the advantages to the customer who needs a lower initial outlay, predetermined expense over the lifetime of usage and the ability to... Read More

Topics: Subscription Management, Office of Revenue

Celonis Improves Business Processes with Process Mining

Posted by David Menninger on 14 October 2022
As I recently pointed out, process mining has emerged as a pivotal technology for data-driven organizations to discover, monitor and improve processes through use of real-time event data, transactional data and log files. With recent advancements, process mining has become more efficient at discovering insights in complex processes using algorithms and visualizations. Organizations use it to... Read More

Topics: Analytics, Business Intelligence, Process Mining, Streaming Analytics, AI and Machine Learning

Ocient Delivers Ad Hoc Analytics on Hyperscale Workloads

Posted by Matt Aslett on 12 October 2022
I have written before about the continued use of specialist operational and analytic data platforms. Most database products can be used for operational or analytic workloads, and the number of use cases for hybrid data processing is growing. However, a general-purpose database is unlikely to meet the most demanding operational or analytic data platform requirements. Factors including performance,... Read More

Topics: business intelligence, Cloud Computing, Data Management, Data, analytic data platforms, Analytics and Data

Profitability Management Conquers Inflationary Pressures

Posted by Robert Kugel on 11 October 2022
A year ago, I wrote about how technology could be useful in an inflationary period, correctly anticipating the world we live in now. Responding effectively to changes in costs is always challenging, but even more so because of the choppy and chaotic nature of the current environment. Many organizations have a limited or no ability to raise prices, and are forced to find ways to minimize the... Read More

Topics: Office of Finance, Financial Performance Management, Revenue Performance Management

Technology is Only Part of the Customer Experience Transformation

Posted by Keith Dawson on 06 October 2022
Through 2025, establishing customer experience application suites on a common platform will be the focal point of the drive to optimize customer and organizational engagement. Organizations that are passionate about improving the customer experience are choosing to empower processes and people with intelligence through smarter applications that embrace analytics, artificial intelligence and... Read More

Topics: Customer Experience, Voice of the Customer, Contact Center, agent management

Aerospike Has a Data Platform for Real-Time Intelligent Applications

Posted by Matt Aslett on 06 October 2022
Earlier this year I described the growing use-cases for hybrid data processing. Although it is anticipated that the majority of database workloads will continue to be served by specialist data platforms targeting operational and analytic workloads respectively, there is increased demand for intelligent operational applications infused with the results of analytic processes, such as... Read More

Topics: Business Intelligence, Cloud Computing, Data, Streaming Data Events, analytic data platforms, AI and Machine Learning

Building a More Predictive Finance Department

Posted by Robert Kugel on 05 October 2022
A predictive finance department is one that can command technology to be more forward-looking and action-oriented while still fulfilling its core role of handling the financial elements of its organization including accounting, treasury and corporate finance. Beyond just automating rote tasks, technology also facilitates a shift toward becoming a predictive finance organization. Greater amounts... Read More

Topics: Office of Finance, Business Intelligence, Data Management, Business Planning, Financial Performance Management, ERP and Continuous Accounting, AI and Machine Learning

Process Mining improves Business Processes

Posted by David Menninger on 04 October 2022
Process mining is defined as the analysis of application telemetry including log files, transaction data and other instrumentation to understand and improve operational processes. Log data provides an abundance of information about what operations are occurring, the sequences involved in the processes, how long the processes are taking and whether or not the processes are completed successfully.... Read More

Topics: Analytics, Business Intelligence, Process Mining, AI and Machine Learning

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Mark Smith

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Robert Kugel

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David Menninger

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Keith Dawson

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Matt Aslett

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Matthew Brown

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