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FSN's Future of Planning, Budgeting and Forecasting Global Survey 2017 Shows:- Early adopters unconvinced by AI and Machine Learning

22nd November 2017

FSN's Future of Planning, Budgeting and Forecasting Global Survey 2017 Shows:- Early adopters unconvinced by AI and Machine Learning

On the face of it, machine learning appears to be a game changer, adding unbiased logic and immeasurable processing power to the forecasting process, but the survey doesn’t show a substantial improvement in forecasting outcomes for organizations that use experimental technologies like these. And the CFOs and senior finance executives who responded to the survey believe there are substantial limitations to the effectiveness of machine forecasts. As the technology matures, and finance functions become more integrated, machine learning will proliferate, but right now it remains the domain of early adopters. 

 

Previous infographics related to the most recent Future of Planning, Budgeting and Forecasting Survey:

FSN's Future of Planning Budgeting and Forecasting Global Survey 2017:- Shows sharp increase in organizations reforecasting more than twice a year

The FSN Modern Finance Forum on LinkedIn is Driving the CFO Agenda

 

 

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