Covering Disruptive Technology Powering Business in The Digital Age

Home > DTA news > News > IBM Solution Named “Big Data & Financial Analytics Tool of the Year” Awarded at Industry FP&A Innovation Summit
IBM Solution Named “Big Data & Financial Analytics Tool of the Year” Awarded at Industry FP&A Innovation Summit
September 23, 2016 News

The Innovation Enterprise Group today announced that it has recognized IBM’s financial performance management solution with the “Big Data & Financial Analytics Tool of the Year” award for 2016.

The Innovation Enterprise Group today announced that it has recognized IBM’s financial performance management solution with the “Big Data & Financial Analytics Tool of the Year” award for 2016. The award was presented at the recent FP&A Innovation Summit held in Boston, Massachusetts on September 8-9.

This Award recognizes organizations that are driving innovation to help enterprises of all sizes unlock the full value of data to drive better management decision-making. In a world awash in data, companies struggle to make sense of data from multiple sources – internally and externally, from transactional records, to consumer demographics, to weather information, to social sentiment expressed by customers and competitors.

“Our extensive work with industry leaders in both Big Data and the finance function affords us a unique perspective around who is innovating at the cross-section of the two disciplines,” said Josie King, managing director, Innovation Enterprise.  “When deciding who best deserved our Big Data and Financial Analysis award this year, IBM was the clear choice. This was not only because of the incredible things they have achieved in making it easier for users to interact with data and analytics the way the human mind works, but because they consistently deliver on high customer expectations from a business value standpoint and have truly advanced the use of data in financial planning and analysis.”

Finance organizations need new tools and disciplines to allow users to communicate with compelling visualizations, make fast predictions based on evolving trends, perform in-depth, what-if analysis to test alternative assumptions, and finally, to create timely, reliable plans to put that insight into action.

“Big data and analytics are transforming the Finance profession into a trusted source of insight that helps the business make better decisions by anticipating the future,” said Douglas Barton, Director Portfolio Marketing, IBM Analytics Solutions. “We are honored to be recognized by the industry, and by the Innovation Enterprise Group, for the depth and breadth of our planning, analysis, reporting and consolidation solutions. These solutions are available both on the cloud and on premises and, we’re proud to say, are already helping thousands of companies drive value world-wide.”

This article was originally published on www.prweb.com and can be viewed in full here

(0)(0)