Interpreting and acting on ever-increasing structured and unstructured stores of Big Data is a challenge for enterprises around the globe. Using analytics to make enterprise data relevant, quantifiable and actionable, while delivering it at the right place and right time, enables data-driven decision making that can create a competitive advantage.
“Big data” is the new leading catchphrase in business with the potential to be a game changer for a wide range of industries.
But big data is worth little if you lack the means to interpret and use it. To extract the greatest meaning from structured and un-structured data, you need advanced business analytics, the key to unleashing the value in the data.
Finance & Accounting departments are faced with unprecedented global competition, business and economic uncertainty, and mounting regulatory pressures. They are asked to make decisions faster with an increased number of decision makers in a flattening organization structure. And these decisions need to be based on the large quantities of data available to the organization. Unfortunately, the amount of data is so vast that it is very challenging to access timely.