Data Science for Finance and Accounting Teams
Financial professionals across the world are scrambling to provide the types of real-time, curated dashboards that executives crave. Medium size companies are just beginning to unleash the power of data-driven insights – and they’re dominating their respective markets. Companies like Google and Amazon have long utilized the data-driven insights provided by their finance, accounting, and data science teams.
Torture the data, and it will confess to anything.
Ronald Coase, Economics, Nobel Prize Laureate
The Dawn of Financial Data Science
What about small businesses? How are small and medium-sized companies utilizing data-driven insights to more efficiently run their company, grow revenues, and understand their customers? Largely, they are not currently utilizing such technologies. Early adopters of data-driven management, like Amazon and Google, are likely to benefit tremendously.
In fact, the effects of data science are expected to affect humans so profoundly that data science and artificial intelligence are being dubbed by many to be the “Fourth Industrial Revolution”. Financial data science, therefore, is likely to create the same types of winners are losers as the industrial revolution. Those at the forefront of financial data science technology will be in the best position to profit and succeed in the future.
Finance and Accounting teams can benefit tremendously from data science software and solutions. Dedicated to Data specializes in creating solutions for this niche. Data Science Services for Finance and Accounting Teams