Firm's $500 million investment aimed to deliver 'transformational business services'
Being able to analyze an ever-increasing volume and variety of information now sits at the top of the business agenda as organizations grapple with gaining real insights that help improve business performance and pro-actively manage risk. After an initial period, when Big Data was an optional extra for most businesses, data analytics is now widely accepted as a business imperative. For this reason, EY has established a Global Analytics Center of Excellence (COE) and will commit to a $500 million multi-year investment to deliver 'transformational change' to clients by combining analytics with business acumen, domain and functional skills, says Chris Mazzei, EY Global Analytics COE leader and Global Chief Analytics Officer. Mazzei sat down recently with Consulting to discuss the COE and its overall potential.
Consulting: So, this is quite an aggressive investment in the analytics space. Why?