CFO Talkx - 2024 Data, Analytics and AI Predictions and Prescriptions for CFOs - Prashanth Southekal
3 Predictions and Prescriptions for Data Management and Data Governance with Prashanth Southekal.
The comprehensive research report, The 2024 Data, Analytics and AI Predictions and Prescriptions for CFOs, offers invaluable insights to CFOs navigating these quickly evolving technologies and disciplines.
Our recent LinkedIn Live event captured the essence of the report. The team of experts who prepared the report, Prashanth H Southekal, PhD, MBA, ICD.D, Tobias Zwingmann, Arun Marar, Ph.D. and Sanjeev Chib, CPA, CA, took turns highlighting their predictions and prescriptions in their area of expertise.
In the clip below Prashanth kicks things off with his Predictions and Prescriptions on Data Management and Data Governance.
Here’s a glimpse into some of his groundbreaking predictions and prescriptions.
Prediction 1: Business Performance Improvement Takes Center Stage
- Prashanth emphasizes the fundamental importance of measuring and improving business performance through data analytics and AI.
Prescription: Focus on KPIs and transactional data, guiding CFOs to leverage data for revenue growth, cost reduction, and risk mitigation.
Prediction 2: Enterprise Data Governance Drives Business Enablement
- In a world where data governance has often been associated with compliance and risk aversion, Prashanth’s prescription emphasizes the need for balanced data democratization and data protection.
Prescription: Democratize data with proper security roles, data governance can become a true enabler of business performance.
Prediction 3: Data Footprint Reduction Moves Closer to ESG Initiatives
- Prashanth sheds light on the environmental impact of data usage and offers practical prescriptions for reducing data footprint.
Prescription: Capture data only when necessary, address unstructured data challenges, and implement retention schedules, align with ESG initiatives to reduce your carbon footprint.
Prashanth’s forward-looking insights provide valuable guidance for CFOs preparing to navigate the evolving landscape of data and analytics in 2024 and beyond. Watch or listen to his full presentation for more valuable lessons on data and analytics.
Take in the full event here, The 2024 Data, Analytics and AI Predictions and Prescriptions for CFOs
And the predictions and prescriptions from the other experts here,
Tobias Zwingmann on Artificial Intelligence
Arun Marar on Data Science and Data Engineering.
Sanjeev Chib on Data Protection and Risks
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