In addition to data being crucial for making more effective and innovative financial and business decisions , today, the data offered by big data is much more than the simple numbers and spreadsheets that accountants have been working with for decades.
Today, the information that big data brings to accounting includes unstructured data that can and should be analyzed through procedures such as interpretation and natural language processing. This makes it possible, for example, to monitor financial matters in real time.
In the Fourth Industrial Revolution , data fuels and powers new finland number data technological trends that are constantly changing accounting and finance. And today, as the world navigates an unprecedented digital transformation, leaving digital footprints in every corner, opportunities are emerging to gain insights and knowledge from data that were previously simply impossible to access. These insights, in turn, enable significant improvements in internal operations and increased revenue.
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4. Artificial intelligence of things
Artificial Intelligence of Things, one of the hottest technological trends today, refers to the combination of artificial intelligence technologies with the Internet of Things (IoT) infrastructure that aims to achieve more efficient IoT operations, optimizing human-machine interactions and improving data management and analysis .
Accounting and new technologies.
of interconnected devices that interact with each other through the network, is combined with artificial intelligence, it gives way to the artificial intelligence of things . The set of these elements can communicate and operate without human intervention, being a technology that offers great advantages for accounting systems and financial professionals.
Artificial intelligence of things helps financial professionals track accounting books , transactions, and other records in real-time. By manipulating a vast amount of data, with the support of artificial intelligence, this technology can identify patterns and solve problems instantly.