We must ask ourselves why the finance sector—which deals with investment analyses involving millions of euros and business models that have a major impact on and carry significant responsibility toward the market and the community—still relies on “do-it-yourself” models in Excel spreadsheets for its predictive economic and financial analyses. The average accuracy of Excel spreadsheets in approximating economic and financial reality is in the range of 15–20%. It’s like photographing reality with an old camera equipped with obsolete lenses that can only produce blurry and unclear photos.
Today, the world has changed, and there are tools that allow us to bring reality into focus in an extraordinary way. Finance Atena —the first platform in Europe based on Artificial Intelligence (AI), enables secure and reliable Predictive Economic and Financial Analysis in the real economy for any type of investment and business model, with 100% reliability compared to “spreadsheet technology.”