Wednesday, January 22, 2020

How firms are delivering value with audit data analytics - Journal of Accountancy

When Ed Wilkins, CPA, talks to audit committees about adding data analytics to the audit process, he explains to them that it usually takes three years for investment in a complex audit analytic to pay for itself.

Audit analytics give practitioners the ability to examine an entire dataset rather than just a sample, improving the quality of an audit.

"Doing 100% populations, that's a big thing," said Wilkins, a partner in Audit & Assurance Services with Deloitte & Touche LLP who co-leads Deloitte Audit's analytics offering. "… As a partner I get a lot more comfort looking at 100% of the population."

Publisher: Journal of Accountancy
Date: 2020-01-21T13:05:00.000-05:00
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Many things are taking place:

Bixby Research and Analytics Turns to Rightpoint's Technology Capabilities to Develop the

Over the last several decades, the asset management industry has seen unprecedented advances in technology; however, when you step back and look at where this advancement is taking place, it’s been almost solely confined to the public market. Over the same time, private market information flow has remained antiquated with virtually no resources available to investment professionals.

Publisher: MarTechSeries
Date: 2020-01-22T14:13:11 05:30
Twitter: @MarTechSeries
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AI, digital skills and data growth dominate the analytics agenda in 2020 | ITProPortal

We are entering a new decade, one that will be defined by data. Organisations will either succeed or fail due to the way they collect, use and democratise data analytics throughout their business. At this pivotal inflection point of business transformation, organisations must embrace change and invest in it.

In the recently published 10 Enterprise Analytics Trends to Watch in 2020, MicroStrategy consulted leading industry experts to help us identify the key trends that will impact enterprise data analytics in 2020 and beyond, and three key themes emerged: the crucial role of Artificial Intelligence (AI), the focus on digital skills and the growth of data.

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Publisher: ITProPortal
Date: 2020-01-22T11:30:21 00:00
Author: https www facebook com itproportal
Twitter: @itproportal
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Placer.ai, a location data analytics startup, raises $12 million Series A – TechCrunch

Placer.ai , a startup that analyzes location and foot traffic analytics for retailers and other businesses, announced today that it has closed a $12 million Series A. The round was led by JBV Capital, with participation from investors including Aleph, Reciprocal Ventures and OCA Ventures.

The funding will be used on research and development of new features and to expand Placer.ai's operation in the United States.

Launched in 2016, Placer.ai's SaaS platform gives its clients to real-time data that helps them make decisions like where to rent or buy properties, when to hold sales and promotions and how to manage assets.

Publisher: TechCrunch
Date: 2020-01-22 05:00:47
Twitter: @techcrunch
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Many things are taking place:

Quantzig Announces the Launch of Advanced Telecom Data Analytics Solutions to Tackle the

With the rise in competition and dynamic market scenario, there has been much hype around the use of big data in telecom industry. It primarily revolves around cost reduction, performance improvement, and network optimization and maintenance. Equipped with advanced analytics capabilities and an experienced team of data scientists, we are well-positioned to help telecommunications companies leverage telecom data analytics to enhance their business processes.

Through the launch of advanced telecom data analytics solutions, Quanztig aims to help those operating in the telecom industry seek new ways to improve operational efficiency and marketing effectiveness.

Date: 2020-01-21
Twitter: @businesswire
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The evolving art of supplier negotiation – more data analytics please!

Yesterday, Barclaycard Payments revealed the findings of its survey in conjunction with Oxford University, asking more than 500 procurement decision makers across the UK from companies of 250-plus employees with a turnover of £6.5million and above, about their procurement priorities. This forms the next phase in a CPO research campaign to determine the attributes that procurement values and in which order.

It came through loud and clear that buyer/supplier relationships are topping the CPO agenda, along with an increasing demand for data analytics in the evolving art of supplier negotiations, which many see as 'going digital.'

Publisher: Spend Matters
Date: 2020-01-22T06:15:40 00:00
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The NHL's Analytics Awards at midseason

The NHL's All-Star Weekend isn't the mathematical midway point of the season, but it is perhaps the spiritual one. As we head into this week's events, it is a good time to reflect on some notable performances we have seen in the 2019-20 season .

But rather than running down the current leaders for individual awards , heralding players who will be recognized for their work in St. Louis this weekend or in Las Vegas at the NHL Awards this summer, let's have some fun with it by creating new categories of our own.

Publisher: ESPN.com
Date: 2020-01-22T12:10:00Z
Twitter: @espn
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Sabre, Lufthansa Group Turn to Google Cloud for Data Analytics: Business Travel News

Business spending management platform Coupa Software has acquired business travel price assurance...

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Tripism once was known as the personalization poster child of Microsoft's travel program. It's matured...

Author: Michael B Baker
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