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Financial Planning, Forecasting and Reporting Summit - Boston

10/17/2014

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Peter Ginouves is giving a nice presentation on using Big Data to drive business reporting. This is something we will all need to deal with either sooner or later; probably sooner.


Big data is a loosely defined term about data that is so large it is awkward to deal with. The amount of data in our lives is growing exponentially in out professional and personal lives. As an example, with all the pictures and videos at home we all may need to backup a terabyte of data. A few years ago many of us had not heard of a terabyte. Next is a Petabyte which is 1 billion gigabytes.


The overall message is that there are tools out there to help us manage data and Excel is not the answer. It may be worth spending some time thinking about how to use data to gain competetive advantage in the not so far away future. If we don't our competitors will.
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    My experience includes over 25 years of international financial and operation management in multiple industries.

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