Ray Wang

The Leap Year Brings A New Copilot -  Finance

Microsoft announced the public preview of Copilot for Finance.  With tools such as Copilot, the user experience begins and ends with generative AI.  In conversations with Vice President of Business Applications Engineering - Charles Lamanna, Corporate Vice President of Business Applications Marketing - Emily He, Vice President of AI-led ERP Engineering - Georg Glantshnig, users can now apply geneative AI across departments such as sales, service, finance, and IT with Copilot for M365, Copilot for Sales, Copilot for Service, Copilot for Finance, and Copilot Studio.

The World Economic Forum's Four Themes Seek To Rebuild Trust

The 54th annual convening at Davos brings 2700 delegates from over 130 countries to officially attend the World Economic Forum’s event.  Meanwhile, an additional 5000 individuals join events around Davos in a series of programing known as UnDavos.  This year’s official Davos proceedings center on four main themes:

AI and biology have the potential to greatly benefit humanity in several ways. Here are some key illustrative opportunities to consider:

\With artificial intelligence (AI) projects all the rage, organizations must make a strategic determination to create a new CxO role at least at a functional level if not at a title level.. This decision should not be made lightly, however. Although the chief AI officer (CAIO) role is critical to an organization’s success, the level of collaboration across business, IT, finance and operations, HR, and legal risk and compliance requires an unprecedented level of cooperation and orchestration.  Boards will also want to consider AI at the same level as CyberSecurity.

Every Enterprise and Brand Is Focused On Revenue Growth While Trying To Achieve Operational Efficiency

There has never been a greater focus on revenue, however, Chief Revenue Officers (CROs) face a dual mandate.  On one hand, they must continue to find growth and revenue, on the other hand, leaders must balance operational efficiency and reduced budgets.  Constellation's recent CXO Business Confidence Survey highlights how all CXO's face this dual mandate over the next 18 to 24 months.