Mckinsey Global Institute
“Artificial intelligence is poised to unleash the next wave of digital disruption, and companies should prepare for it now. We already see real-life benefits for a few early adopting firms, making it more urgent than ever for others to accelerate their digital transformations. Our findings focus on five AI technology systems: robotics and autonomous vehicles, computer vision, language, virtual agents, and machine learning, which includes deep learning and underpins many recent advances in the other AI technologies.”
Continue reading “ARTIFICIAL INTELLIGENCE The next digital frontier?”
I am a huge advocate of digital transformation in finance, having founded and developed the Generation CFO community and Nexus Club.
One of my aims is to continually improve finance engagement with new tech by demystifying technology and moving finance professionals from fear of the unknown, FOFU to fear of missing out, FOMO!
Below I start on Data Science (not a deep techie explanation) and give short definitions against a finance and accounting example. Continue reading “Demystifying Data Science – Part One”
In an office somewhere in the world…
Data Scientist: Yo accountant dude! Why do you spend so long producing your budget and forecast numbers?
Accountant: It’s how we performance manage the business.
DS: But dude, your work is always wrong, it’s always out… I mean, unless you have a crystal ball, you can’t get it right, right?
Continue reading “Is your forecasting mindset killing CFO innovation – Part two”