By 2021, 90% of enterprises will rely on a mix of on premises/dedicated private clouds, public clouds, and legacy platforms to meet their infrastructure needs (source: IDC FutureScape). Is a multi-cloud foundation now fundamental for business? And how do you manage app complexity in a multi-cloud environment? To find out, we spoke with Guru Venkatachalam, Vice President, Cloud Architecture for APJ, Office of the CTO, VMware.
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As transformational, increasingly rapid forces hit every facet of today’s connected and diverse enterprises, the role of finance leaders has never been more complex and their remit more important.
As finance leaders’ roles and reports stretch to encompass virtually every part of the enterprise, they are looking beyond standard functions such as reporting and closing – onto the future. Future-ready finance, and finance leaders, need to look more to driving business change, supporting changing workforces and driving new skills, enabling operational speed, effectiveness and agility, and drive overall performance and business impact across every silo, interaction and engagement – supporting the whole business to make better decisions, and take more robust action.
In a new research report, Agile Finance, Unleashed: The Key Traits of Digital Finance Leaders, the Association of International Certified Professional Accountants and Oracle surveyed 700+ senior finance executives globally to track their progress across key metrics – including adoption of AI, advanced analytics, process automation, and machine learning.
Finance leaders know that digital transformation and emerging technologies are key to achieving operational excellence, digital intelligence, and business influence. Yet only 32% of respondents have made enough progress to be described as digital finance leaders.
