article thumbnail

5 top ERP trends for 2022 — and their implications for IT leaders

CIO

“Enterprise technology leaders are aggressively undertaking digital initiatives such as marketing automation, customer experience, social media marketing, and HR transformation,” Mundra says. For instance, the finance module is a key component of an ERP solution.

IT 545
article thumbnail

AI poised to replace entry-level positions at large financial institutions

CIO

For financial services in the short term, generative AI specifically will allow for further automation of financial analysis and reporting, enhancement of risk mitigation efforts, and optimization of financial operations, according to a report, The implications of generative AI in Finance , by consulting firm Deloitte.

Banking 539
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The secret to effective enterprise content management: Building from a sound base

CIO

Silos prevent decision-makers from easily gaining the best data from all relevant stakeholders – whether marketing, research and development, sales, or finance. That’s a problem for any organization trying to make the best use of all the content it owns.

article thumbnail

3 Data Mining Tips for Companies Trying to Understand their Customers

Smart Data Collective

Utilize Primary Market Research Resources with Data Mining. By utilizing market research, you can begin to understand all the different variables that play a part in the success of your market, and, in turn, your business. It’s all a matter of getting the data you need to make your business thrive.

article thumbnail

Best Strategy for Tracking Prices with Data Analytics

Smart Data Collective

Many of our articles have delved into the advantages of using data technology in finance and marketing outreach. Using data for monitoring, analyzing, and tracking different pricing factors in the market is called pricing intelligence. How to Choose the Best Proxies for Market Research?

Commerce 307
article thumbnail

Big Data Leads to the Possibility of a Cashless Society

Smart Data Collective

A study by Allied Market Research has found that the market for financial analytics services will be worth nearly $20 billion by 2030. This market doesn’t seem to even include a number of new services financial institutions use that rely on big data. Big data has brought many changes to the future of finance.

Banking 299
article thumbnail

Examining Cargill’s push to nurture growth through digital and data strategies

CIO

At the time, these independent business units had their own IT, finance, and HR teams. How we ingest large volumes of data, slash market research and help synthesize it for parts of our teams—these are the first use cases we’re going after, but they’re very narrow in scope with limited people working on them.

Finance 370