Controlling & Analytics 11+12/2024
Andreas Seufert
Professor - Hochschule Ludwigshafen I Data Driven Decision Making I #Künstliche Intelligence #Business Intelligence #Controlling & Analytics
Inhalte unseres aktuellen Newsletters:
(powered by Controlling & Analytics Community)
?? Aktuelle Themen - Schwerpunkt Controlling / Analytics:
?? The 2024 FP&A Trends Survey Results: Key Insights and Findings Unveiled ?? The Balancing Act: Managing Growth and Cash Flow ?? Forecasting the True Impact of Multi-Dimensional Items: Customer Returns ?? Prioritisation Framework for FP&A
?? Aktuelle Themen - Schwerpunkt (Generative) KI:
?? Survey on Small Language Models (SLMs) ?? Inducing anxiety in large language models increases exploration and bias ?? Do you know how much it costs to train large language models ?? What`s the current state of AI Agents?? ?? Concentrating Intelligence – Scaling and Market Structure in Artificial Intelligence
?? Upcoming Expert Talks:
?? Save the Date:
?? 31.01.2025: (Einreichungsschluss:) Controlling Excellence Award 2025
?? 31.03.2025: Zertifikat - Data Driven Decision Making - Schwerpunkt KI (n?chste Durchführung)
??Aktuelle Themen - Controlling / Analytics:
We are thrilled to unveil the 2024 FP&A Trends Survey results: an in-depth exploration of the latest developments and trends in Financial Planning and Analysis (FP&A). Over the past eight years, this survey has gathered insights from more than 2,400 finance practitioners worldwide, providing a comprehensive view on the trends shaping FP&A teams.
In this article Hans Gobin, International FP&A Board Ambassador summarizes some key findings.
?? Link to the article: https://www.dhirubhai.net/posts/controlling-und-analytics_the-2024-fpa-trends-survey-results-key-activity-7269294043862380544-3Oy1/
In today’s business environment, balancing growth with cash flow is a critical challenge for FP&A professionals. While growth drives innovation and expansion, it often strains financial resources. Maintaining strong cash flow, however, is essential to funding operations, meeting obligations, and supporting future investments.
In this article Christopher Thomas describes what to take into account to successfully navigate this balance
?? Link to the article: https://www.dhirubhai.net/posts/controlling-und-analytics_the-balancing-act-managing-growth-and-cash-activity-7269292365817827328-esNU
Accurate financial forecasting is essential for businesses to maintain profitability and anticipate cash flows in today’s globalised, fast-paced economy. Customer returns are a key area that is often overlooked but still profoundly impacts financial forecasting. Returns are influenced by a complex interplay of factors, including consumer behaviour, pricing strategies, payment methods, product and country mix, loyalty programs, global initiatives, environmental concerns, new product launches, and logistics.
In this article, Koparan Can Iscan, Head of EMEA FP&A at Toms?describes how returns affect a wide range of operational and financial aspects
?? Link to the article: https://www.dhirubhai.net/posts/controlling-und-analytics_forecasting-the-true-impact-of-multi-dimensional-activity-7269289792415191041-U-HT/
Where should FP&A leaders invest when there are so many improvement opportunities and limited resources?
This article David Vega provides a prioritisation framework to help FP&A leaders answer this question.
?? Link to the article: https://www.dhirubhai.net/posts/controlling-und-analytics_prioritisation-framework-for-fpa-activity-7269290828433440768-Vg-V/
??Aktuelle Themen - Schwerpunkt (Generative) KI:
Large Language Models (LLMs), such as Llama 3, aren’t always the most practical solution.
A study analyzes 59 leading state-of-the-art open-source SLMs, exploring:
?? Reasoning, in-context learning, maths, and coding abilities.
?? On-device runtime costs, latency, and memory footprint.
?? Presents valuable insights for real-world applications.
?? Link to the post: https://www.dhirubhai.net/posts/andreashorn1_ai-slms-techinnovation-activity-7264167292844851201-T4NM
?? Link to the orginal article: https://arxiv.org/abs/2411.03350
GPT-3.5's responses can be predictably changed by using emotion-inducing prompts. Emotion-induction not only influences GPT-3.5's behavior in a cognitive task measuring exploratory decision-making but also influences its behavior in a previously-established task measuring biases such as racism and ableism.
?? Link to the post: https://www.dhirubhai.net/feed/update/urn:li:activity:7267441001902784512/
?? Link to the orginal article: https://arxiv.org/abs/2304.11111v1
领英推荐
AI training costs are exploding lately. Here are the latest numbers for AI training cost estimates from the Stanford 2024 AI Index Report
?? Original Transformer Model: $930
?? GPT-3: $4.3M
?? GPT-4: $78.4M
?? Gemini Ultra: $191.4M
?? Link to the post: https://www.dhirubhai.net/feed/update/urn:li:activity:7266920018167185411/
We are about to enter a new age of AI led by AI agents. There is no doubt that Agents will be a MAJOR trend in 2025.
?? Link to the post: https://www.dhirubhai.net/feed/update/urn:li:activity:7266920018167185411/
Wie teuer wird die Nutzung von ChatGPT & Co? Die Rechenleistung, die für KI-Modelle ben?tigt wird, hat sich jedes Jahr vervierfacht. Die Kosten für die Textgenerierung mit GPT-4 sind jedoch im Vergleich zur ersten Version um 92 % gesunken. Eine neue Studie von Korinek und Vipra (2024) untersucht die weitreichenden Konsequenzen dieser paradoxen Entwicklung
?? Link to the post: https://www.dhirubhai.net/feed/update/urn:li:activity:7269352179537215488/
?? Upcoming Expert Talks:
?? 05.12: 10.00-10.45: Live Demo: GenAI & Predictive Analytics als Controlling-Partner
(in Kooperation mit celver AG )
Direkte Anmeldung: https://events.teams.microsoft.com/event/833fc8cf-5507-47cb-8484-75ebf1b3b77e@dd5aaaa4-0445-4e05-b00d-9321f623abb3
?? 06.12: 14.00-10.45: Integriertes Echtzeitcontrolling - Eine Szenarienplanung der SAC für einen Sales and Operation Prozess (S&OP)
(in Kooperation mit H&Z.digital)
Direkte Anmeldung: https://events.teams.microsoft.com/event/13f087be-ac8f-4a6f-ab45-7572eeb08c15@dd5aaaa4-0445-4e05-b00d-9321f623abb3
?? Save the Date:
?? Controlling Excellence Award 2025
Wie in jedem Jahr werden wir auch 2025 den Controlling Excellence Award des Internationalen Controller Vereins im Rahmen des traditionellen Congresses in München vergeben.
Als Mitglied der Jury freut sich auf spannende Beitr?ge zu innovativen Projekten im Controlling.
Einreichungsschluss: 31. Januar 2025
?? Link für weitere Informationen: https://www.icv-controlling.com/de/verein/icv-awards/icv-controlling-excellence-award.html
?? Zertifikat - Data Driven Decision Making - Schwerpunkt KI (5. Durchführung)mich
Erfolgreicher Start unserer 4. Durchführung im November 2024 mit 27 Teilnehmern
?? Save the Date für die geplante 5. Durchführung: 31.03.2025
Vorab-Anmeldungen gerne an Andreas Seufert
Unsere Controlling & Analytics Community:
Hier beitreten: https://www.dhirubhai.net/school/controlling-und-analytics