Cloud
The most well-known cloud, operated by Apple
What is "iCloud"
Method of examining data sets in order to get useful insights to draw conclusions about the datasets.
What is data analytics?
Technology that is the study of computer algorithms that improve automatically through experience and by the use of data - as an example, this technology helps clients extract taxable income information from vendor invoices
What is machine learning?
The unprecedented change shaped by growing connectivity, competition, and customer power leading businesses to develop new engagements, new products, new business models, organization, and ecosystems
What is Digital Transformation?
Type of blockchain in which there is a "fully decentralized" network
What is a "public" network?
Cloud computing service created by Microsoft for building, testing, deploying, and managing applications and services through Microsoft-managed data centers
What is Microsoft Azure?
Examples of this type of data include email messages, documents, videos, audio, files, pictures, and presentations
What is unstructured data?
Form of business process automation technology based on metaphorical software robots or on artificial intelligence/ditigal workers
What is robotic process automation ("RPA")?
Conversion of physical information into a digital format
What is "digitized" - i.e. The New York Times has recently "digitized" its news archives
The IRS has deemed cryptocurrencies as _____ and subject to ______ _____ tax.
What is property and capital gains tax?
Term that refers to software licensing on a subscription basis and is centrally hosted. Often referred to as "on-demand software"
What is "software as a service"
These type of analytics use past data and statistical models to make projections about a companies future tax situation - this requires an understanding of what factors are correlated with what outcomes from a tax perspective
What is predictive anayltics?
What is "Data Classifier"
Deloitte Tax's Global Digital Transformation ("Project") aimed at strengthening our ability to serve our clients in a seamless, comprehensive, and consistent manner around the world
What is Project Delphi?
Feature of blockchain that offers an immutable and irreversible source of information that can track the true ownership of a product across the supply chain
What is provenance?
Refers to the Cloud's ability to handle increase and decrease usage demands of data and/or resources
What is "scaling"
This Deloitte practice can help your client develop a custom tax analytics solution to achieve a desired outcome
An interface with a high transaction volume would be a canditate for this robotics technology
What is Robotics Process Automation ("RPA")?
This platform leverages leading-edge technology to create an intuitive digital experience
What is Intela?
Asset-backed token that can be represented by fiat currency, diamonds, gold, precious metals, baskets of assets, or even fractional interests in real estate
What is a "security" token?
A reason an organization would consider private cloud services
What is a need for increased security?
The biggest challenges companies face for effectively using data and analytics for business decisions
What are data silos?
Deloitte created OCR tool to reduce compliance time
What is XTract?
Companies are shifting their focus to Customer Experience and a new holistic business strategy that involves integrating across the enterprise to demonstrate value at every customer touchpoint
What are digital experiences?
The most fundamental issue blockchain technology is trying to solve
What is a single source of truth?