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Here, we discuss three ways you can monetize data with an embeddedanalytics investment. According to insightsoftware and Hanover Research’s recent EmbeddedAnalytics Report , the overwhelming majority of development teams (84%) found generative AI to be the most important trend of the next five years.
With the vast majority of organizations now using some form of cloud technology, it’s no longer a question of if your business will migrate to the cloud but when. While business leaders do have concerns about migration costs and data security, the benefits of moving to the cloud are impossible to deny.
Cloudcomputing is proliferating businesses across all industries. According to a recent survey by the Harvard Business Review , 81% of respondents said cloud is very or extremely important to their company’s growth strategy. Cost Optimization: The hybrid model allows finance teams to balance their expenses effectively.
Additionally, many decision-makers perceive cloud solutions as more expensive. Most companies say that the added costs of the cloud are offset by other savings, such as eliminating hardware and data center expenses. Let’s see how a seamless move to the cloud can fix these issues.
Nearly half of the respondents (47%) reported increased value, cost savings, and greater resiliency at their organizations as a result of operating in the cloud. When profitability goals demand greater efficiency, cloudcomputing can help you manage and deliver projects while cutting non-essential costs.
Cost Efficiency : Traditional consolidation processes often involve significant upfront investments in hardware, software, and IT infrastructure. In contrast, cloud-based solutions like Clausion operate on a subscription-based model, eliminating the need for costly capital expenditures.
As businesses navigate the ever-changing landscape of tax regulations, they face the ongoing challenge of increasing productivity while minimizing costs. Use a tax solution that offers accelerated planning, consolidation, tax, and transfer pricing as well as analytics.
Cloud migration and support are top-of-mind for worldwide organizations–this year, cloudcomputing is forecast to surpass $1 trillion worldwide for the first time. Cloud-based ERPs reduce operating costs, can help automate processes, and provide finance teams with greater autonomy.
If the operating theme for finance teams in 2024 was “automate workflows and optimize costs to drive value,” then the operating theme for 2025 is shaping up to be, “stay the course.” The enhancements will come with a price increase, but the added cost will be worth it. However, the move to cloud is far from complete.
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