Happy Holidays!

We’ll see you in the new year…

Wishing you a holiday filled with wonder and joy, and peace, happiness, and prosperity in the year ahead!

We’ll be back soon with more insights and ideas; meanwhile, take a look at Deloitte’s 2017 Holiday Survey and see how our predictions stack up.

Best,
David Rudini
Chief Analytics Officer
Deloitte Consulting LLP

Uh-oh, Did Tax Get Left Out?

Posted by
Mahesh Marepalli
Managing Director, Deloitte Tax LLP on December 13, 2017.

Actionable tax data and insights are critical and meaningful enablers for an effective tax leader to deliver value back to the business enterprise. Many, though, struggle to provide those insights quickly and efficiently, often driven by an inability to access information needed on a real-time basis.

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Minds + Machines: Revolutionizing work, careers, and learning

Posted by
Michael Griffiths
,  Matt Stevens, and Carly Ackerman on November 16, 2017.

We often hear threats of the imminent doom headed our way in the form of artificially intelligent robots. Instead of considering robotics and cognitive technologies as a way to reduce the need for humans, organizations should be considering how the future of work drives complementary capacity created by automation. HR and Learning & Development (L&D) have a significant opportunity to help the organization transition toward structures capable of moving faster, learning rapidly, and embracing the dynamic, human-centered careers created as a result of digital proliferation and increased automation.

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Using people analytics to get to High-Impact HR


Posted by David Fineman on Nov 1, 2017

High-Impact HR refers to an HR function that helps the business excel in key areas—adapting to market changes, introducing new products and services faster, being more responsive to customer needs, operating efficiently and cost-effectively, and beating the competition. People analytics, which is really a subset of business analytics, is a key enabler of High-Impact HR. Deloitte’s 2017 Global Human Capital Trends report tells us that 71 percent of surveyed executives see people analytics as a high priority, and are applying it to talent challenges, as you might expect, particularly in recruiting and also in performance measurement, compensation, workforce planning, and retention.1 But it’s not just about HR—people analytics addresses business issues, too.

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Digitized ecosystem in tax


Posted by Beth Mueller and Jaskiran Bhatia on October 20, 2017

Interested in how a connected and digitized world is dramatically changing how taxing authorities ensure the proper collection of taxes? Take a look at changes in India to see how a digitized compliance ecosystem works.

 

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Beyond gaming: The business benefits of mixed reality


Posted by Sam Pearson on October 13, 2017

It’s an exciting time to be on a factory floor. Augmented reality (AR), virtual reality (VR) and mixed reality (MR) are technologies that are increasingly being used by manufacturers. It’s not just for gaming anymore. Companies around the globe are seeing the business potential of deploying these technologies, with the goal being to replace keyboards and flatscreens with new ways of communicating, collaborating and engaging workers. A number of companies are moving beyond pilot applications, indicating that now is the time to get serious about the dynamic new technologies.

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The robotics and cognitive automation conundrum: Big bang deployment or small steps?


Posted by Peter Lowes and Anthony Abbattista on October 5, 2017

The old adage, “if it weren’t for the last minute, nothing would get done” may be a reality for organizations that wait too long to develop robotics and cognitive automation (R&CA) capabilities. Momentum is building as more companies use R&CA technologies to replicate human actions and judgment, thereby performing a wide and growing array of routine tasks. Should your organization get started today or wait for technologies to mature before making a major transformation?

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Data analytics: Have tax authorities unleashed the genie?


Posted by Jan van Trigt, Deloitte Global Leader – Tax & Legal Data Analytics and Beth Mueller, Deloitte U.S. Tax Analytics leader on September 5, 2017

Business use of big data analytics has flourished for years, but little has been known until recently about adoption of analytics by tax authorities around the world. A 2016 OECD report, “Advanced Analytics for Better Tax Administration”,1 changes that. Highlighting results of a survey among representatives of 16 OECD member countries, the report sheds new light on current tax authority use of analytics and how they may utilize it in the very near future.

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Moving beyond the mean and standard deviations


Posted by Adrian Tay August 28, 2017

Advanced analytics gives CFOs a new language

In a recent quarterly survey of finance execs, 45 percent of surveyed CFOs say they have already made investments in finance and accounting analytics, and about 52 percent say they will invest more in the future. The financial services sector shows the highest levels of past investment among respondents, at 64 percent, with the health care sector highest for future investment at 71 percent.1

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