Despite being the go-to tool for budgets, forecasts and planning, spreadsheets are unfortunately often prone to errors, primarily because of the volume of manual processes the tool requires. Three noteworthy examples from the past decade illustrate how damaging spreadsheet errors can be. By
Which comes first—investment in forecasting, or investment in planning or scheduling? Discover how investing in planning and scheduling processes and solutions can bring benefits even when forecasting is lacking, and find out how IBM Analytics can help your organization start its advanced analytics
Finance teams looking for agility and efficiency won’t find it in spreadsheet-based processes. To uncover vital business insights, a move to automated planning is essential. This summit details how the latest financial planning and analysis (FP&A) innovations can help finance teams drive their
Finance is a key player in driving business growth and innovation across the enterprise. But CFOs are looking to close performance gaps in finance teams. Discover the five most crucial performance gaps, exploring their importance to the organization’s effectiveness. Then learn how you can close
In a marketplace of rapid, unprecedented change and sustained volatility, traditional planning, budgeting and forecasting processes may not keep pace with shifting trends. However, new advanced planning and forecasting analytics software enables financial professionals to support an enterprise’s
IBM Cognos TM1 on Cloud provides CSOB Insurance with agility unprecedented in the organization, enabling the company to quickly align business priorities with new corporate directives. Business users at CSOB Insurance, who no longer need to wait for IT support, can create plans and model potential
Versatile, easy to use and cost-effective, the spreadsheet has and continues to be an invaluable tool for budgets, forecasts and plans in businesses large and small. But spreadsheets do pose some limitations, particularly with regard to data accuracy. Given today’s highly competitive, rapid pace,
Over the last half-century, perception of the strategic planning process has shifted from corporate panacea to organizational albatross. However, expect a renaissance in strategic planning thanks to new technologies that emphasize three major advantages of having insightful and actionable plans.
IBM Performance Management can fill in the gaps to enhance Excel, letting all your data live happily in one place so that people can easily use Excel to input data, with results instantly reviewable at every level.
Big data projects often involve exploring new business challenges and using new technology alongside existing applications. But who is doing this work? What skills and personalities are needed? Where should management of the big data "team" live, and is the team all in the same department or cross-
You don’t need to wait for the stars to align in order to realize the full value from your investments in analytics initiatives of all sorts.
Instead, what you need to do—and it’s within your power here and now—is to align several key dimensions of your organization’s analytics and data strategies
Edd Dumbill is VP Strategy at Silicon Valley Data Science and Editor-in-Chief of the peer-reviewed journal Big Data. He’s also an entrepreneur, author, software developer, and chair of Strata conference. formerly was principal analyst at O’Reilly Radar. In a recent article titled “Big Data is