CFOtech New Zealand - Technology news for CFOs & financial decision-makers

Business Intelligence (BI) stories - Page 21

The prevalence of computers in business (and everywhere) generates enormous quantities of data. Business Intelligence seeks to extract further value from this data (after it has served its immediate purpose, and is shunted off to storage) through analysis and contextualization. If data is described as the ‘new oil’, BI is the derricks tapping the well. BI generally requires uniform data before analysis can take place, with data extracted from source systems and loaded into secondary structures such as ‘data warehouses/lakes’. The analysis outputs are typically sent to managers and executives within the business in the form of reports (or managers are equipped with the tools to create their own reports) assessing performance, providing insights or identifying opportunities.
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P&N Group adopts nCino banking solution to boost operational efficiency
Thu, 21st Mar 2024
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P&N Group boosts operational efficiency in business banking by implementing nCino's commercial banking solution, setting a new standard for customer experience and innovation.
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Victoria lags behind in tech workforce growth, risks AI challenges
Wed, 20th Mar 2024
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Despite a 2.8% rise in employment, Victoria lags behind in tech workforce expansion compared to the national growth of 6.7%.
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Unification for better efficiency, flexibility, and so much more than security
Wed, 20th Mar 2024
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Integrated systems in physical security may soon be outdated as unified solutions offer better efficiency and adaptability, as well as actionable business intelligence.
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Human Managed secures ISO/IEC 27001:2022 certification for data security
Wed, 20th Mar 2024
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Cloud-native data platform Human Managed secures the distinguished ISO /IEC 27001:2022 certification, affirming robust information security protocols and bolstering trust amongst global clients.
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Semarchy launches Data Intelligence solution as UKI team doubles
Wed, 20th Mar 2024
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Semarchy unveils a pioneering Data Intelligence solution, set to boost data impact and governance in businesses, amid a 50% rise in annual recurring revenue and a doubling of its UKI team.
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Why Start-up CEOs no longer require a full-blown data team
Tue, 19th Mar 2024
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Start-up CEOs are shifting from hiring single-person data teams to using boutique consultancies and Modern Data Stack solutions, reducing costs and complexity.
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Clari bolsters RevAI features to empower revenue teams
Tue, 19th Mar 2024
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Clari enhances its RevAI portfolio with powerful features to accelerate revenue teams' productivity, mitigate revenue leakage and boost sales conversions, offering swift insights and intelligent follow-ups.
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Exclusive: How Alteryx is supporting the data revolution
Tue, 19th Mar 2024
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Alteryx, an AI analytics automation platform, is mastering the data revolution, leveraging its 25-year history and comprehensive data solutions to empower industries across the globe.
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Zscaler boosts AI capabilities with cybersecurity startup Avalor acquisition
Tue, 19th Mar 2024
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Zscaler bolsters AI data prowess with the acquisition of cybersecurity startup Avalor, to enhance proactive identification of potential data breaches.
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Tollring pairs with PingCo to boost Microsoft ecosystem services
Tue, 19th Mar 2024
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In a strategic global alliance, data visualisation provider Tollring enhances the Microsoft ecosystem offerings of Australian service provider PingCo with its powerful call analytics and recording services.
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Travel tech investments rise per new Amadeus study
Tue, 19th Mar 2024
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Amadeus's study predicts a 14% surge in travel tech investment in 2024, with machine learning considered crucial and 98% of airlines eyeing biometric solutions for airport services.
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Oracle introduces AI capabilities to Fusion Data Intelligence
Mon, 18th Mar 2024
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Oracle enhances its Fusion Data Intelligence with new AI capabilities to assist customers in improving decision-making, aiming for better business outcomes.
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Ensuring security without compromising privacy
Mon, 18th Mar 2024
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Amid rising concerns over data privacy, organisations are prioritising security without compromising individual privacy, leveraging a unified privacy-centred approach and secure technology to balance protection and compliance.
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STX Next enhances Man Group's fund management via innovative tech tools
Fri, 15th Mar 2024
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STX Next fortifies Man Group's client fund management through successful partnership, introducing sophisticated data discovery, filtering, and predictive tools while enhancing user experience.
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South Australian Government adopts Oracle for financial transformation
Fri, 15th Mar 2024
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The South Australian Government adopts Oracle's Cloud ERP and Fusion ERP analytics to boost productivity, cut costs and meet evolving legislation across its 51 state agencies.
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Insurwave & Inigo partner for real-time exposure tracking in aviation
Fri, 15th Mar 2024
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Insurwave, a London-based insurtech platform, partners with UK insurer Inigo, promising real-time exposure tracking for their Aviation War portfolio in light of increasing geopolitical uncertainty.
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Epicor to streamline MGB Sany's e-invoicing ahead of new Malaysian rules
Fri, 15th Mar 2024
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MGB Sany, a subsidiary of Malaysian construction firm MGB Berhad, partners with global software provider Epicor to digitise and streamline its e-invoicing process ahead of new government regulations.
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Copyright infringement risks impacting GenAI adoption
Fri, 15th Mar 2024
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Rising costs of intellectual property protection could hamper the adoption of generative AI and impact returns by 2026.
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Data greatest challenge and opportunity for channel partners - report
Thu, 14th Mar 2024
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IT partners consider data a critical factor and challenge in the shift to recurring revenue models, according to a global survey conducted by technology distributor Westcon-Comstor.
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Australia's financial crime compliance costs reach $5.37bn
Thu, 14th Mar 2024
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Financial crime compliance costs have soared, driven by increased regulations, technology costs, and ongoing battles against evolving financial crimes.