The Ascent Newsletter: Growth Frameworks and Strategies to Power Your Company's Climb
In this issue of The Ascent, we continue our series on Operationalizing AI with a focus on AI applications in the office of the CFO. In addition, we offer guidance from our Data Science team on approaching a data monetization initiative, and in the wake of this summer’s CrowdStrike incident, we share best practices for proactive incident management.
Operationalizing AI: Navigating the AI Opportunity in the Office of the CFO
The AI revolution is impacting all organizational functions, and the Office of the CFO is no exception. In this latest installment of Summit’s Operationalizing AI series, we look at some of the ways we’re seeing finance teams use AI today and our recommendations on getting started within your own organization.
Should You Monetize Your Business Data? Read this Before Creating a New Data Product
As demand for non-traditional insights grows, data monetization may offer a compelling source of high-margin revenue for many companies. However, it should not be approached lightly. It’s crucial to understand the legal and reputational implications, assess organizational readiness, and develop an effective distribution strategy.
Proactive Incident Management: Seven Steps to Prepare for the Unexpected
This summer’s CrowdStrike incident served as painful reminder that large-scale correlated failures are intrinsic to the connected systems powering our world. Here, we share several straightforward practices to help ensure that your team is ready to respond rapidly and effectively when the unexpected occurs.
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The information provided in this newsletter, including information regarding Summit Partners' current and historical portfolio companies, is not intended to recommend any company or investment described herein and is not an offer or sale of any security or investment product or investment advice. The information provided herein is intended to offer ideas to executives and operators seeking to build a growth company. An alphabetical list of Summit Partners' growth equity portfolio companies can be found here.
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