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Financial Analysis in the Context of the Fourth Industrial Revolution: Opportunities and Challenges

In: Impacting Society Positively Through Technology in Accounting and Business Processes

Author

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  • Lulama Nhlanhla Ngwenya

    (University of Johannesburg)

Abstract

The Fourth Industrial Revolution (4IR) has ushered in a new era of technological advancements, disrupting traditional business models and transforming industries worldwide. This paradigm shift brings both opportunities and challenges for financial analysis as businesses navigate through rapid changes in technology, markets, and consumer behaviour. This study delves into the implications of 4IR on financial analysis, aiming to understand how financial professionals can leverage emerging technologies to enhance decision-making processes. Through a comprehensive review of literature and empirical analysis, this research examines key areas where financial analysis intersects with 4IR, including data analytics, automation, artificial intelligence, and blockchain technologies. One of the primary focuses is on the role of data analytics in financial analysis, exploring how big data and predictive analytics can provide deeper insights into market trends, customer preferences, and risk assessment. Additionally, the study investigates the impact of automation and AI-driven algorithms on financial modelling, risk management, and investment strategies. Furthermore, this research addresses the challenges posed by 4IR, such as data privacy concerns, cybersecurity risks, and the need for upskilling financial professionals to adapt to technological advancements effectively. By analysing case studies and industry best practices, the study proposes strategies for integrating 4IR technologies into financial analysis frameworks, emphasizing the importance of agility, innovation, and ethical considerations. This study contributes to the academic discourse on financial analysis in the 4IR era, offering insights into leveraging technology for informed decision-making and mitigating risks in a rapidly evolving business landscape.

Suggested Citation

  • Lulama Nhlanhla Ngwenya, 2025. "Financial Analysis in the Context of the Fourth Industrial Revolution: Opportunities and Challenges," Springer Proceedings in Business and Economics, in: Tankiso Moloi (ed.), Impacting Society Positively Through Technology in Accounting and Business Processes, pages 439-449, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-84885-8_24
    DOI: 10.1007/978-3-031-84885-8_24
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