My Understanding of the Gartner® Hype Cycle™ for Finance Data and Analytics Governance, 2023

The financial industry is in the midst of a profound digital transformation. Unfortunately, most financial organizations have some catching up to do in this regard. As noted in the Gartner Hype Cycle for Finance Data and Analytics Governance, 2023, “Through 2026, 80% of finance organizations’ advanced analytics investments will fall short of expected ROI because they failed to adapt and modernize their enterprise data governance and management.”

However, as Gartner states, “This Hype Cycle enables FP&A leaders to explore the real risks and opportunities of finance D&A governance technologies. This information helps leaders avoid adopting an innovation too early or too late, avoid giving up on an innovation too soon or avoid hanging on to it for too long.” In this post, I’ll provide an overview of this document.

Read more in https://www.datamanagementblog.com. Originally published on March 28, 2024.