Cognitive Technologies: Why CFOs Should Peer Past the Myths Deloitte US

Cognitive technologies are transforming everything from customer experience to product development and augmenting or replacing human activity in everything from manufacturing to operations to human resources. They are also beginning to reshape finance--emphasis on the "beginning."1 In the Q3 2017 CFO Signals survey, only 42 percent of responding CFOs said their finance team is knowledgeable about emerging technologies, including cognitive.2 Moreover, only about one-third of CFOs in the same survey said they have moved beyond the pilot stage with these technologies to transform their finance function.3 To find out, Deloitte's recent State of cognitive survey asked 250 "cognitive-aware" US executives from large companies about the current state of cognitive technology within organizations.