Video series: Big Data, big capabilities
Watch our new video series, which provides an in-depth look at the findings of a recent ICAS-funded research project into the application of Big Data in the accounting profession.
The growth of Big Data (defined as high-volume, high-velocity and high-variety information assets) has opened up a number of possibilities for the accounting profession. It can be used to inform better decision-making, identify patterns in data, strengthen fraud protection, and understand market behaviour. But what Big Data capabilities do you need as a senior finance or accounting professional, and how can you acquire them?
To answer this question, ICAS funded an interview and workshop-based research project, which was published in June 2023. The researchers, Professor Maureen Meadows (Coventry University) and Dr Alessandro Merendino (Queen Mary University of London), have filmed a series of videos to discuss the project’s findings in more detail. Throughout the 11 clips, they cover topics including how to start your Big Data journey, embedding Big Data in the finance team, and tips and advice for harnessing Big Data.
Watch the first clip from this video series, which focuses on the aims of the project: