There’s an avalanche of data management needs headed for IT that originates from the finance department. Building steadily over the past two to three years, finance has become the epicenter for cross-company data analytics and oversight of fiscal and non-fiscal information.
Data analytics is a natural extension of finance. What’s more, increasingly CFOs are functioning as the de facto chief data officer. A recent CFO IT study bolsters the argument, given 70 percent of CFOs and finance executives responding say they plan to devote substantial time to data and analytics in the next two years.
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