CFOtech Australia - Technology news for CFOs & financial decision-makers

Business Intelligence (BI) stories - Page 3

The prevalence of computers in business (and everywhere) generates enormous quantities of data. Business Intelligence seeks to extract further value from this data (after it has served its immediate purpose, and is shunted off to storage) through analysis and contextualization. If data is described as the ‘new oil’, BI is the derricks tapping the well. BI generally requires uniform data before analysis can take place, with data extracted from source systems and loaded into secondary structures such as ‘data warehouses/lakes’. The analysis outputs are typically sent to managers and executives within the business in the form of reports (or managers are equipped with the tools to create their own reports) assessing performance, providing insights or identifying opportunities.
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Hapana rebuilds fitness platform after USD $7.25 million

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Hapana unveils rebuilt fitness software platform after USD $7.25 million Microequities-led round, targeting multi-site operators with AI tools.
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Smartsheet launches AI server for work management data

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Smartsheet unveils an AI server that plugs tools like Claude into live project data, with thousands of early users driving real-time updates.
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AlphaSense adds custom AI agents for finance research

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AlphaSense unveils custom AI agents and expert call tools to automate research workflows for financial and corporate intelligence teams.
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Denodo joins Snowflake-led semantic data standard push

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Denodo has joined Snowflake's Open Semantic Interchange drive to build a vendor‑neutral standard for sharing semantic data across AI tools.
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Kong hires Bruce Felt as Finance Chief for growth push

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Kong hires veteran finance chief Bruce Felt, whose record of steering three software groups to IPOs bolsters its expansion in API and AI tools.
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Aspen Medical taps Oracle AI lakehouse for operations

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Aspen Medical rolls out Oracle Autonomous AI Lakehouse worldwide to unify data, trim IT costs and speed real-time insights for care delivery.
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JAGGAER roundtable focuses on procurement, inflation, AI

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JAGGAER's Sydney roundtable explored how data, AI and phased change can help procurement tackle inflation, supplier risk and maverick spend.
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Denodo joins Snowflake-led OSI for semantic standard

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Denodo has joined Snowflake-led Open Semantic Interchange, backing an open standard to align business metrics across data and AI tools.
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Storeganise launches AI connector for self-storage data

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Storeganise unveils an AI Connector linking self-storage systems to tools like ChatGPT, letting operators query live data in plain English.
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Colonial First State moves finance & HR to Oracle cloud

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Colonial First State shifts finance and HR to Oracle cloud to streamline operations and boost data-driven decisions on AUD $181 billion assets.
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TeamViewer launches AI reporting tool for IT teams

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TeamViewer unveils Tia Reporting, an AI dashboard tool that lets IT teams build live, no-code reports on digital workplaces via chat prompts.
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With NetSuite Next, NetSuite seeks title of the top AI cloud ERP

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NetSuite unveils NetSuite Next AI assistant and tools in ANZ push, staking claim to the emerging #1 AI cloud ERP crown.
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Does data define the retail winners and losers in 2026?

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Australian retailers face rising insolvencies and online giants; those failing to harness delivery data risk becoming 2026's biggest losers.
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Oracle NetSuite rolls out AI upgrades for ANZ users

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NetSuite unveils AI-powered tools and connectors for ANZ customers, promising automation across finance, inventory, warehousing and eCommerce.
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True Protein taps NetSuite to streamline rapid growth

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True Protein adopts Oracle NetSuite to replace spreadsheets, cutting month-end close to three days and centralising operations for growth.
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Adactin launches AFIVE AI knowledge platform for firms

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Adactin unveils AFIVE AI platform to unify fragmented corporate data, promising secure natural language search and improved staff productivity.
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Okanui adopts NetSuite as overseas growth accelerates

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Okanui turns to Oracle NetSuite to centralise inventory and finance as rapid global growth strains its legacy systems and warehouse capacity.
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Snowflake backs Bedrock Data in AI governance push

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Snowflake invests in Bedrock Data to tighten AI data governance, linking Horizon and Cortex AI with Bedrock's classification and masking tools.
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ThoughtSpot unveils Spotter AI agents tailored by sector

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ThoughtSpot rolls out Spotter for Industries, AI analytics agents tuned to sector rules to close the “context gap” in enterprise decisions.
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Qualtrics boosts CX suite with new AI & automation tools

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Qualtrics unveils AI-driven CX upgrades to unify feedback, automate text analysis and deploy agents that resolve customer issues in real time.