IBM Planning Analytics with Watson is a comprehensive, cloud-based business planning application that supports what Ventana Research calls integrated business planning. We coined this term in 2007 to describe a high-participation approach to business planning that integrates strategy, operations and finance. Our Next Generation Business Planning Benchmark Research demonstrated the value of IBP: Organizations that link planning processes get better results. Sixty-six percent of organizations...
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Topics:
Predictive Analytics,
Office of Finance,
business intelligence,
embedded analytics,
Business Planning,
Financial Performance Management,
Watson,
Digital transformation,
profitability management,
AI and Machine Learning
As with many IT innovations, augmented reality (AR), extended reality (XR) and the related topic of spatial computing had been discussed to death long before they became a practical reality. As a user interface, AR is already well understood in terms of its ability to open vast new vistas in entertainment as well as making physical tasks, such as machinery maintenance and warehouse pick-and-pack, far more efficient. In the case of spatial computing, by using glasses to superimpose workflow...
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Topics:
Office of Finance,
Digital transformation,
natural language processing,
extended reality,
Digital Business,
robotic automation,
Collaborative & Conversational Computing
Digital transformation of the Office of Finance has been a recurring theme for several years, but adoption accelerated when offices were locked down and organizations had to collaborate remotely. It involves shifting manual work, often completed via spreadsheets circulating in emails, to software and systems for improved performance.
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Topics:
Performance Management,
Office of Finance,
Digital transformation,
Digital Business,
digital finance
