Bitcoin won’t result in the complete collapse of society, but might result in an energy revolution. If you believe the hype, not only are bitcoin miners using more electricity than a number of small countries, but within just two years, Bitcoin is expected to take the world’s entire energy supply to continue its mining activities.
In 1942, science fiction author Isaac Asimov introduced the world to his three laws of robotics. An incredibly prescient visionary, Asimov started the world thinking about the potential challenges sentient technology might present the world of humanity.
Organizations are under increasing pressure to make well-informed decisions quickly based on data coming from various sources. Now you can leverage technology that speaks to multiple systems to develop meaningful planning metrics with an agile, intuitive interface that allows users to analyze their data in a more productive manner. Luckily, the advances in the technological tools available provide the opportunity to make that leap to a higher, better-constructed, and ultimately more useful set of planning metrics.
An accenture report states that the global investment in fintech ventures tripled to $12.21bn in 2014. That’s a great news because this particular ecosystem is rapidly evolving in India. Currently, the country offers the highest expected ROI at 29% on fintech projects as compared to the global average of 20%.
With India advancing to become a cashless economy, things have changed for the better for those who are up to date with the latest trends and technologies in today's financial world.
When I discuss my “Three Pillars of FP&A,” I am referring to financial acumen, communications, and business comprehension/partnering. I want to use today’s article to address how we, as a profession, can and should improve our communication skills. One of the greatest complaints about FP&A professionals is our inability to explain ourselves and our work (insights and foresight) clearly and expediently to our business counterparts. This is what I call our inability to be good storytellers.
With many corporate processes, technology is driving fundamental changes. In almost every industry, today’s souped-up business environment drives a concomitant need for heightened strategic input.