IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 trillion, up from USD 864 billion in 2019 to 2020. The post MRO spare parts optimization appeared first on IBM Blog.

Optimization 76

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 76

Alation

MARCH 17, 2022

Otherwise, they run the risk of illegal usage from within or a malicious breach from without. Alation has earned ISO 27001 and ISO 27701 certifications and a SOC 2 Type II + HITECH report for the Alation Cloud Service platform. With this shift, opportunities to leverage data more powerfully increase, but so do the risks.

Reporting 52

Reporting Risk Insurance Data Processing 52

Cloudera

JUNE 22, 2022

Across the globe, cloud concentration risk is coming under greater scrutiny. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the potential systemic risk. We all know the drill. .

Insurance 82

Insurance Risk Marketing Data Processing 82

John Wheeler

MAY 2, 2019

Gartner clients are consistently searching for ways to improve their risk management programs to deliver greater value to the enterprise. That’s why Gartner has been promoting integrated risk management (IRM) solutions for the past 4 years. Market Trends: GRC Era Is Over as Customers Adopt Integrated Risk Management.

Technology 75

Technology Risk Management Risk Digital Transformation 75

Cloudera

NOVEMBER 16, 2020

Globally, RGA research shows that 3.58% of all claims are fraudulent, and underwriting fraud is reported in 1.38% of all underwriting cases. . million in 2019 to $7.9 from 2019 to 2024. The post Combating Fraud in Insurance with Data appeared first on Cloudera Blog. Yet, fraud in the U.S. million by 2024, a CAGR of 25.8%

Insurance 97

Insurance ROI Marketing Machine Learning 97

Smart Data Collective

SEPTEMBER 22, 2021

The risk of data breaches will not decrease in 2021. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. In this blog post, we discuss the key statistics and prevention measures that can help you better protect your business in 2021.

Statistics 106

Statistics Risk Measurement Software 106

John Wheeler

JULY 17, 2020

Continuing with the “20 for 20” theme started in last month’s blog post , I’ve decided to highlight the top 20 emerging technologies and trends (ETT) client topics for the first half of this year. Gartner’s 2020 Strategic Technology Trends for Product Leaders report explores these technologies in greater detail.

Risk Management 52

Risk Management Risk Technology Management 52

Cloudera

NOVEMBER 12, 2020

According to a 2019 report by leadership advisory firm Heidrick & Struggles, all of the companies surveyed in Asia-Pacific had diversity and inclusion (D&I) programs. She found that a complex problem usually requires input from six different approaches: process, risk, outcomes, options, people, and evidence.

Business Objectives 97

Business Objectives Risk Strategy Reporting 97

DataRobot Blog

MAY 31, 2022

For instance, in 2019, the Government Acquisition Office (GAO) researched and identified 35 high-risk hiring areas. As a comparison, external reports have found that public sector T2H averages three times as long as the private sector, 119 days compared to 36 days. A variety of factors combine to create this situation.

Management 59

Management Risk Testing Modeling 59

IBM Big Data Hub

AUGUST 9, 2023

Since 2019, the number of phishing attacks has grown by 150% percent per year— with the Anti-Phishing Working Group (APWG) reporting an all-time high for phishing in 2022 , logging more than 4.7 appeared first on IBM Blog. Why phishing simulations are important Recent statistics show phishing threats continue to rise.

Testing 77

Testing Measurement Behavioral Analytics Reporting 77

erwin

JUNE 14, 2019

According to IDC’s digital transformation predictions report for 2019, these types of initiatives are going to flood the enterprise during the next five years. Mitigating Digital Transformation Risks. Risks come with any investment. As technology continues to disrupt markets, digital transformation is do or die.

Digital Transformation 111

Digital Transformation Data Governance Risk Data-driven 111

Cloudera

MAY 27, 2021

This blog post was written by Pedro Pereira as a guest author for Cloudera. . In a blog on Medium, author Rob Walker posits: “It would have been smart to think ahead about how neo-Nazis might use Twitter, how pedophiles might use YouTube, or how a mass murderer might use Facebook Live.” . “By The answer is not obvious.

Machine Learning 114

Machine Learning Big Data Consulting Technology 114

Cloudera

MARCH 3, 2022

In 2019, the U.K.’s In 2017, Anthem reported a data breach that exposed thousands of its Medicare members. The post Why Data Governance Is Crucial for All Enterprise-Level Businesses appeared first on Cloudera Blog. Everyone Fails Data Governance. From Bad to Worse.

Data Governance 96

Data Governance Enterprise Data Quality Metadata 96

Cloudera

DECEMBER 11, 2020

That compares to only 36 percent of customer interactions as of December 2019, which was before the pandemic impacted business, and only 20 percent in May 2018. Insurance and finance are two industries that rely on measuring risk with historical data models. appeared first on Cloudera Blog. Data Variety.

Insurance 92

Insurance Digital Transformation Unstructured Data Machine Learning 92

Jim Harris

AUGUST 27, 2015

Other reports project cybercrime costs to exceed two trillion dollars by 2019. Out-of-date systems and budget shortfalls leave many government agencies vulnerable, which is why, as the National Journal reported , the U.S. In many cases, it’s users, not hackers, that are the biggest security risk.

Risk 40

Risk Reporting Marketing Management 40

erwin

JANUARY 30, 2020

The 2020 State of Data Governance and Automation (DGA) report is a follow-up to an initial survey we commissioned two years ago to explore data governance ahead of the European Union’s General Data Protection Regulation (GDPR) going into effect. erwin Named a Leader in Gartner 2019 Metadata Management Magic Quadrant.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

BizAcuity

JULY 26, 2021

According to the 2019 report by Flexera enterprises with a hybrid strategy grew to 58% in 2019 from 51% in 2018. Improved security and risk management. Hybrid cloud computing aids businesses with crucial control on their data and improving security by reducing the potential risk of data disclosure.

IT 52

IT Cost-Benefit Data Processing Risk 52

IBM Big Data Hub

JULY 19, 2023

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. Supply Chain: Demand forecasting, supply chain optimization, risk assessment and mitigation.

Consulting 62

Consulting Machine Learning Manufacturing Optimization 62

Cloudera

MARCH 30, 2022

A report by Adobe found that 57% of consumers would stop purchasing from a brand if they were victims of identity theft due to a data breach. Salesforce famously hired one back in 2019 — and other organizations are now following suit. appeared first on Cloudera Blog. Why we Need to Talk about Ethics and Governance.

Data-driven 115

Data-driven Marketing Measurement Modeling 115

erwin

DECEMBER 12, 2019

Is it sensitive or are there any risks associated with it? Some erwin customers report productivity gains of 85+% for coding, 70+% for metadata discovery, up to 50% for data design, up to 70% for data conversion, and up to 80% for data mapping. Click here to get a free copy of the report. Where did it come from? Where is it now?

Metadata 84

Metadata Data Governance Digital Transformation Data Quality 84

IBM Big Data Hub

APRIL 12, 2022

Mitigating risk. From 2019 to 2021, our GCDO successfully aligned our data strategy to top-line growth with a strong focus on revenue. By doing so, the data fabric significantly improves the productivity of data engineering tasks, accelerates time-to-value for the business, and simplifies compliance reporting.

Data Strategy 79

Data Strategy Strategy Enterprise Data-driven 79

datapine

MAY 9, 2019

The fact is, without business intelligence, you risk the very real possibility of drowning in data. We have already entered the Zettabyte era, also mentioned as one of our tech buzzwords for 2019, and, for scale, in 2012, the entire Internet only contained ½ of one zettabyte in data. Data dashboarding and reporting.

Business Intelligence 270

Business Intelligence Dashboards Data Warehouse Sales 270

Andrew White

MAY 19, 2023

You might be asking yourself if you want to spend the time reading this blog. Why is this worth exploring in a blog? This blog will focus on demographic changes, their implications, and what does this mean for us. I will leave energy for a later blog. But that is enough for one blog. It’s not about you, or me.

Measurement 52

Measurement Forecasting Dashboards Marketing 52

Sisense

JULY 29, 2020

If they don’t, they risk failure and can jeopardize their survival. In our State of BI & Analytics Report , we discovered just how critical analytics are to businesses during times of market turmoil, because they offer a degree of certainty. Every company is becoming a data company.

Analytics 95

Analytics Digital Transformation Data-driven Sales 95

erwin

DECEMBER 12, 2019

Is it sensitive or are there any risks associated with it? Some erwin customers report productivity gains of 85+% for coding, 70+% for metadata discovery, up to 50% for data design, up to 70% for data conversion, and up to 80% for data mapping. Click here to get a free copy of the report. Where did it come from? Where is it now?

Metadata 52

Metadata Data Governance Digital Transformation Data Quality 52

Anmut

MARCH 2, 2020

Take insurance – where risk premiums can be adjusted based on customer insights. Or they can change the premiums based on where cars are located – you pay less when your car is at home in your garage than when parked in a multi-story car park, where local crime data shows there’s a higher risk of car crime.

Insurance 52

Insurance Risk Management Risk Cost-Benefit 52

CDW Research Hub

OCTOBER 23, 2019

Capital One made world news waves on July 19, 2019, when it was reported they had suffered a security breach that resulted in the loss of 30GB of data. This data loss affected 106 million people in North America and included data submitted on credit card applications from 2005 to early 2019. When you’re not the first to know.

Risk 40

Risk Software Testing Management 40

datapine

OCTOBER 21, 2020

With today’s always-improving technologies, it becomes easier not only to collect such data but also to create comprehensive healthcare reports and convert them into relevant critical insights, that can then be used to provide better care. If you put on too many workers, you run the risk of having unnecessary labor costs add up.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. IRM technology product leaders will need to develop IRM capabilities that are capable of addressing the IRM market insights outlined in this blog post. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

IBM Big Data Hub

FEBRUARY 5, 2024

billion checks written in 2019, specifically in France, which was responsible for 1.6 Because the majority of check processing exists on legacy infrastructure, new changes might create risks to the entire payments ecosystem. the EU, check volume is still deemed significant, with over 2.1 billion checks processed that year.

Risk 89

Risk Management Reporting Optimization 89

CDW Research Hub

JUNE 5, 2019

According to Data Under Attack: 2018 Global Data Risk Report From the Varonis Data Lab , 65 percent of companies have over 500 users who are never prompted to change their passwords. Check out Varonis’ full list of 60 Must-Know Cybersecurity Statistics for 2019. clocking in 126, according to Global Finance. Risky Business.

Statistics 72

Statistics Risk Management Finance Risk 72

CIO Business Intelligence

APRIL 15, 2022

According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year. The patients who were lying down were much more likely to be seriously ill, so the algorithm learned to identify COVID risk based on the position of the person in the scan.

Analytics 145

Analytics Machine Learning Insurance Testing 145

DataKitchen

OCTOBER 5, 2022

Observability also validates that your data transformations, models, and reports are performing as expected. Through the yelling, he learns that a compliance report, sent to critical business partners, was empty! Why has the company never addressed this kind of risk? This solution sits on top of your existing infrastructure?without

Testing 169

Testing Risk Data Processing Statistics 169

DataKitchen

OCTOBER 5, 2022

Observability also validates that your data transformations, models, and reports are performing as expected. Through the yelling, he learns that a compliance report, sent to critical business partners, was empty! Why has the company never addressed this kind of risk? This solution sits on top of your existing infrastructure?without

Testing 130

Testing Risk Data Processing Statistics 130

Sisense

MARCH 30, 2020

A recent Fortune special report on Artificial Intelligence (AI) pointed to the recent developments in the field of Natural Language Processing (NLP) over the last 18 months as “revolutionary” for better search engines, smarter chatbots, and digital assistants. Her debut novel, The Book of Jeremiah , was published in 2019.

Cost-Benefit 92

Cost-Benefit Unstructured Data Marketing Reporting 92

erwin

MARCH 4, 2021

It is the foundation for regulatory compliance and de-risking operations for competitive differentiation and growth. Respondents to McKinsey’s 2019 Global Data Transformation Survey reported that an average of 30 percent of their total enterprise time was spent on non-value-added tasks because of poor data quality and availability.

Data Governance 122

Data Governance Digital Transformation Data-driven Cost-Benefit 122

BizAcuity

MARCH 31, 2022

of organizations who participated in an executive survey back in 2019 claimed they are going to be investing in big data and AI. 85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams. Do let us know by commenting below how we can improve the blog and what we can add to it.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52