CHICAGO — CFOs are shifting their priorities from cutting costs to rapidly investing in technology and data, according to Grant Thornton LLP’s 2019 CFO Survey, conducted in partnership with CFO Research.
The survey, “All systems go: CFOs lead the way to a digital world” found that significant percentages of senior financial executives currently implement technologies such as advanced analytics (38 percent) and machine learning (30 percent), while many plan to dedicate additional resources to frontier technologies within two years, including:
- Artificial intelligence, or AI (41 percent);
- Drones and robots (30 percent);
- Blockchain (40 percent); and
- Robotic process automation, or RPA (41 percent).