Entries by Darren Peirce

The Future of AI & the Office of Finance: How can the bar be raised with forward-looking indicators?

With finance leaders serving as the data stewards at many companies, we see a transformation of the Office of Finance. The promise of AI, cloud adoption, new technologies and the trend towards self-service has also influenced the evolution of the CFO role. They are becoming more of a strategic leader. CFOs now spend more time optimizing the business and less time on finance administration. A recent McKinsey study cites that four in 10 CFOs say they spent the majority of their time in the past year on activities other than traditional and specialty finance.

My take on new CFO IT study: Growth in data analytics fuels fragmentation problem

The 2017 CFO IT study is out and it shines a bright future for data analytics. CFOs are setting the data agenda and the survey reveals more than 70 percent of CFOs and finance executives plan to devote substantial time to data analytics in the next two years. While it’s great news that CFOs are […]

Breaking through the wall – a race won before it even starts

“Breaking through the wall,” the metaphor used by runners to describe the moment when they break the shackles of fatigue and their practice and determination pay-off, seems apropos as my “fitter” Magnitude Software colleagues recently tackled the London and Brighton Marathons. Congratulations to our runners and their amazing achievement!

Of course Big Data will change the “Traditional” Data Warehouse

I derive great enjoyment from reading the blogs, comments and tweets about whether or not Big Data will replace the Data Warehouse. But as with most predictions, I believe there is a half-truth hidden therein…  The momentum around Big Data is forcing organizations to re-evaluate their investments in data management and there can be no […]