The term DataOps (like its older cousin, DevOps) means different things to different people. But one thing that everyone agrees on is its objective: accelerate the delivery of data-driven insights to the business quickly and reliably.
Business intelligence empowers businesses to get the most out of their data by providing tools to analyze information, streamline operations, track performance, and inform decision-making. In the Microsoft Dynamics ecosystem, Power BI generates easy-to-read visualizations that help stakeholders perform key analysis. But finance professionals can encounter roadblocks when seeking deeper analysis than their technical knowledge of Power BI permits.
Fraud, waste, and abuse (FWA) in government is a constant, multi-billion dollar issue that challenges agency leaders at all levels and across all sectors, from healthcare to education to taxation to Social Security. The scope and scale of public spending—federal outlays alone were approximately $6.6 trillion in fiscal year 2020 according to the Congressional Budget Office—make FWA an inherently difficult problem to solve.
Marketing based on the next best action requires effective data handling for success. For Canadian insurer, Beneva, however, silos were standing squarely in the way. With over three million customers and CA$13 billion in assets, Beneva is one of Canada’s largest financial institutions. They had over 75 years of product and customer data, but that data was isolated in various systems, databases, and customer portals.
I recently sat down with CFODive to discuss the importance of modern financial analytics in transforming the way financial leaders and their organizations operate – a topic that is only becoming increasingly prominent. Business strategies have had to rapidly adjust to address market volatility, consumer trends, and unpredictable world events. These dynamics have forced finance teams to rethink how they are using data and analytics and take a more modern approach.
