7 Megatrends in Modern Finance: Big Data

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Trend #6: Finance hasn’t embraced big data… yet

Earlier this year, we polled 252 financial and accounting decision makers to determine what major trends they see emerging that will affect the corporate finance function.  In this seven-part blog series, we'll examine each of these developments.

Big data is all the rage. The vast majority of companies, though, are not using it as part of their financial processes. At least not yet. Most have the aspirational goal of using it in the next 12 months. Past usage rates, however, suggest it will likely move more slowly.

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Interestingly, medium-sized companies have the highest adoption rate, with nearly half using it today. That is likely because they are big enough to have the resources, but small and agile enough to put it to use quickly.

Read the Blog post on Trend #7

Read the Blog post on Trend #6

Read the Blog post on Trend #5

Read the Blog post on Trend #4

Read the Blog post on Trend #3

Read the Blog post on Trend #2

Read the Blog post on Trend #1

Check back next week for the next of the seven trends.

Posted by on October 21, 2016
Topics: CFO
Nick Ezzo

As Vice President of Demand Generation, Nick provides digital marketing and demand generation leadership to Host Analytics, the leader in cloud-based financial applications including planning, close, reporting and analytics. Nick has held marketing, business development, and consulting roles in companies like HBO, Nuance, Equilar, and Aspect Communications. Nick holds a Bachelor of Science in Communications from Ohio University, Athens, Ohio.

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