Smart Data Collective

MAY 4, 2023

Unfortunately, there are often many weak links in the data security infrastructure, which can increase the risks of data breaches. However, the Identity Theft Resource Center reports a 68% increase in data breaches at corporations in 2021, surpassing the previous record rise of 23% in 2017.

Risk Management 77

Risk Management Key Performance Indicator Measurement Risk 77

CIO Business Intelligence

OCTOBER 23, 2023

A poll of public and private sector leaders in the latest World Economic Forum’s Global Risk Report 2022 found that environment-related threats, including climate action failure and extreme weather events, topped the lists of short and long-term global risks. Equinix’s ambitious site-level design average PUE goals range from 1.20

Strategy 97

Strategy Risk Data Processing Finance 97

CIO Business Intelligence

MAY 9, 2023

Like most CIOs you’ve no doubt leaned on ROI, TCO and KPIs to measure the business value of your IT investments. Those Three Big Acronyms are still important for fine-tuning your IT operations, but success today is increasingly measured in business outcomes. Maybe you’ve even surpassed expectations in each of these yardsticks.

ROI 124

ROI Cost-Benefit KPI Uncertainty 124

Smart Data Collective

JUNE 1, 2022

The International Association of Privacy Professionals reports that there were 1,862 data breaches in 2021 alone. Those that do not risk bankruptcy, as the costs of data breaches are horrifying. Usually, we find that the majority of cyber-attack victims are small businesses that are complacent with their data security measures.

Revenue Optimization 139

Revenue Optimization Measurement Marketing Interactive 139

CIO Business Intelligence

JULY 20, 2023

I’ll never forget the look on my first mortgage clients’ faces as they signed for their new home – the joy and relief washing over them in equal measure. Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on.

Technology 98

Technology Finance Advertising Digital Transformation 98

Smart Data Collective

JUNE 9, 2021

Gartner projects that global public cloud end-user spending is set to grow by 23 percent in 2021 with SaaS as the biggest market segment, which is set to expand to a $122.6 This may sound like a serious risk, but in the context of the availability of reputable and high-quality SaaS platforms, this is more of an advantage.

Strategy 69

Strategy Software Forecasting Cost-Benefit 69

CIO Business Intelligence

JUNE 29, 2022

While in 2021, the global market for corporate predictive analytics was worth $10 billion, it is forecast to balloon to $28 billion by 2026. This unlocks the ability to apply knowledge consistently across all teams, to take better decisions and accurately measure outcomes. Analytics, Business Intelligence

Predictive Analytics 137

Predictive Analytics Analytics Data-driven Forecasting 137

Smart Data Collective

APRIL 24, 2022

million in 2021 , which is a figure that grows every year. An extremely good principle and starting point would be to honestly quantify the cybersecurity risk in your organization. The purpose of this investigation is never to place blame on a person for the breach but rather to measure the effectiveness of existing security practices.

Data Processing 123

Data Processing Risk Measurement IT 123

CIO Business Intelligence

SEPTEMBER 22, 2022

The CIO has traditionally been seen as a gatekeeper of operational continuity, not an integral function of long-term strategy and growth. So to unlock digital transformation, organizations need to embrace a value-based approach to IT procurement and strategy, and the CIO-CFO relationship is at the heart of this imperative.

Digital Transformation 106

Digital Transformation Snapshot Finance Strategy 106

CIO Business Intelligence

SEPTEMBER 12, 2023

Given rising IoT adoption, erosion of the corporate perimeter due to work-from-everywhere, and increasingly sophisticated threats that exploit “trusted” users and devices for malicious purposes, these security approaches can expose the organization to greater risk. 2, 223–231 (2021). European Union.

IoT 89

IoT Measurement Manufacturing Finance 89

CIO Business Intelligence

JUNE 9, 2022

Recent stats from the Identity Theft Resource Center (ITRC) show that about 92% of data breaches are cyber-attack-related, and data breaches in Q1 2022 were 14% higher than the same period in 2021. This “unknown” amount was 40% higher than the “unknown” data breach causes for all of 2021.

Risk 98

Risk Risk Management Sales Measurement 98

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. In 2021, we explored vaccine effectiveness and inequity using global vaccine data. In 2020, we analyzed population health data.

Optimization 52

Optimization Insurance Machine Learning Risk 52

CIO Business Intelligence

APRIL 12, 2022

It can also be beneficial for tech companies to have a physical office space in order to improve their security and safety measures, especially as many of them are managing private data. While working remotely certainly has its benefits, security risks can arise.

Cost-Benefit 95

Cost-Benefit Risk Measurement Modeling 95

CIO Business Intelligence

JULY 13, 2023

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. This area of sustainable IT concentrates on green infrastructure, implementing circular technology strategies and reducing emissions to achieve carbon neutrality. Environment. Governance.

IT 95

IT Internet of Things Strategy IoT 95

IBM Big Data Hub

NOVEMBER 8, 2023

Execute and set up reporting: Implement the system with the capability to monitor and measure through automated reporting (including tracking missing data and data health, as well as origin traceability). They will be able to: Utilize reporting to identify trends and risks within the product supply chain for mitigation and improvement.

Cost-Benefit 110

Cost-Benefit Consulting Risk Reporting 110

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Today, big data is about business disruption.

IT 317

IT Statistics KPI Data-driven 317

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Digital Transformation 66

Digital Transformation Risk Data Processing Enterprise 66

CIO Business Intelligence

NOVEMBER 23, 2022

Co-creating with startups can help kickstart innovation , provide CIOs with access to hard-to-find skills in emerging technologies, and round out digital transformational strategies. In the absence of a multistage due diligence process, an enterprise could face third-party risks.

Risk 128

Risk Consulting Enterprise Technology 128

Smart Data Collective

DECEMBER 5, 2021

There were nearly 1,300 data breaches between January 1, 2021 and September 30, 2021. Organizations continue to identify strategies to improve security protocols and practices for remote teams when they would have otherwise been using a secure network. IT only gets involved if there’s a high-risk flag. Efficient Access.

Internet of Things 114

Internet of Things Risk IoT Big Data 114

Smart Data Collective

JUNE 27, 2022

These numbers indicate that embracing IT organizational structure best practices 2021 is the key to staying competitive, streamlining business operations, and outperforming competitors. They implement the best practices and regularly measure the performance to understand which areas need improvement. Build A Clear Strategy.

Data-driven 107

Data-driven Management IT Big Data 107

CIO Business Intelligence

APRIL 19, 2022

Kellen is embracing temporary workers, seeing both contractors and freelancers as an integral part of his staffing strategy. million in 2021. As a result, they advise CIOs and other enterprise technology executives and managers to build a staffing strategy that accounts for this dynamic. “A million in 2020 to 51.1

IT 98

IT Cost-Benefit Strategy Consulting 98

CIO Business Intelligence

OCTOBER 1, 2022

This exercise will surface high-risk areas of the supply chain such as the auto industry’s overdependence on a few semiconductor factories in Taiwan, or the global pharmaceutical sectors’ reliance on Chinese supplies for foundational life science ingredients.

Cost-Benefit 111

Cost-Benefit Manufacturing Forecasting Metrics 111

Cloudera

DECEMBER 11, 2020

Insurance and finance are two industries that rely on measuring risk with historical data models. To facilitate risk modeling in this new normal, agility and flexibility is required. This will only become more important as we move into 2021 and a post-pandemic new normal. Data Variety. What if 2020 is an anomaly?

Insurance 92

Insurance Digital Transformation Unstructured Data Machine Learning 92

IBM Big Data Hub

OCTOBER 18, 2022

It’s more vexing than regulation, cyber risk, and even supply chain disruptions. Nearly half of the 3,000 executive respondents name sustainability a top priority, an increase of 37% from 2021. Nearly all CEOs say they’re at least taking their first steps in piloting their sustainability strategy. A rising tide lifts all boats.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

IBM Big Data Hub

MAY 6, 2024

In this chapter of the IBM series on clinical trial innovation, we spotlight key strategies for boosting recruitment speed, helping to ensure diversity, and harnessing digital advancements. It’s crucial to evaluate the feasibility of trials and refine protocols using evidence-based strategies.

Advertising 84

Advertising Data-driven Optimization Strategy 84

datapine

MAY 31, 2022

We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies. This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

AUGUST 24, 2023

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. We’re getting bombarded with questions and inquiries from clients and potential clients about the risks of AI.” The risk is too high.” Not without warning signs, however.

Uncertainty 98

Uncertainty Risk Testing Enterprise 98

CIO Business Intelligence

MAY 16, 2023

To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. Information governance enables enterprises to achieve strategic goals, mitigate risk, and reduce costs. higher [in 2022] than in 2017.”

Advertising 100

Advertising Recreation/Entertainment Experimentation Enterprise 100

AWS Big Data

APRIL 12, 2023

As the Security Awareness department in particular began developing product strategies to deliver data-driven insights to customers, we were clear on using existing analytics services to rapidly build customer-facing analytics solutions. million end-users to bring cybersecurity training to each employee within an organization.

Dashboards 59

Dashboards Risk Data-driven Visualization 59

CDW Research Hub

OCTOBER 19, 2021

Combining our businesses will accelerate progress on our three-part growth strategy by augmenting our portfolio and enhancing our ability to deliver customer-centric outcomes across the full technology solutions stack and lifecycle. CDW will hold a conference call today, October 18, 2021 at 7:00 am CT to discuss the transaction.

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

Octopai

JUNE 21, 2021

Banking activities certainly have their risks, like credit risk (e.g. borrowers defaulting on loans) and operational risk (e.g. If Basel IV defines how to measure credit and operational risk for the purposes of capital reserve requirements, FRTB defines how to measure market risk for the same purpose.

Risk 52

Risk Measurement Modeling Reporting 52

Cloudera

AUGUST 18, 2021

Otherwise, they risk quickly becoming overwhelmed by massive volumes of data captured in different formats from a diversity of sources, including Internet of Things (IoT) sensors, websites, mobile devices, cloud infrastructures, and partner networks. . Improving Patient Care. Avoiding Complexity.

Data Lake 87

Data Lake IoT Internet of Things Data-driven 87

CIO Business Intelligence

MARCH 30, 2022

Successful decision intelligence strategies, however, require an understanding of how organizational decisions are made, as well as a commitment to evaluate outcomes and manage and improve the decision-making process with feedback. For example, a risk scoring decision might be improved by considering the time of day, or the user’s location.

Machine Learning 144

Machine Learning Testing Risk Data-driven 144

CIO Business Intelligence

APRIL 27, 2022

Cyber threats are among the top ten highest-rated critical risks of organizations today and for 2030, according to? Protiviti’s Executive Perspectives on Top Risks for 2021 and 2030. The constantly changing risk environment requires companies to be agile in how they adapt and address cyber risks. Microsoft ?Azure

Technology 52

Technology ROI Risk Digital Transformation 52

DataRobot Blog

SEPTEMBER 1, 2022

Imagine yourself as a pilot operating aircraft through a thunderstorm; you have all the dashboards and automated systems that inform you about any risks. But many of the things you need to measure for your business are hyperspecific for your unique problems and opportunities — specific business KPIs or data science secrets.

Metrics 145

Metrics Statistics Modeling Data Science 145

CIO Business Intelligence

OCTOBER 10, 2022

Bass further expanded the concept to include ways for measuring the success of transformational leadership. He says his goal is to build strategies around a realistic vision of the future. Transformational leadership, on the other hand, supports agile environments, especially where failure carries less risk.

Modeling 145

Modeling Digital Transformation Software Manufacturing 145

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. In 2021, we explored vaccine effectiveness and inequity using global vaccine data. In 2020, we analyzed population health data.

Optimization 52

Optimization Machine Learning Insurance Risk 52