According to GiantFreakin’ Robot, a German tech entrepreneur is using artificial intelligence to create a movie. The advent of artificial intelligence promises to change nearly every aspect of human existence, so it makes sense that we will begin with our movie-going experience
Big data applications
According to Deloitte and KPMG, more than two in three executives are “not comfortable” using data from advanced analytic systems, and instead prefer to make decisions based on their own intuition. But this state may be changing. A look at Prophix’s recent survey of over 200 chief financial officers, reveals that 82% are planning substantial technology upgrades to their financial planning and analysis (FP&A) processes this year. These include automated FP&A solutions, such as corporate performance management (CPM) software, which are transforming the way finance offices budget, plan and report. That in turn frees up finance teams to draw insights, faster, and play a larger role in strategic decisions. That’s a great start. But if companies truly intend to be data-driven in their decision making, artificial intelligence (AI) and machine learning must be part of that digital transformation.
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