CIO Business Intelligence

FEBRUARY 5, 2024

Since the release of ChatGPT in November 2022, generative AI (genAI) has become a high priority for enterprise CEOs and boards of directors. A PwC report, for instance, found that 84% of CIOs expect to use genAI to support a new business model in 2024. Processes for governance and testing also don’t need to be completely reinvented.

Testing 130

Testing Risk Forecasting Data-driven 130

DataKitchen

MARCH 12, 2024

We kept adding tests over time; it has been several years since we’ve had any major glitches. DataKitchen helped us completely transform our operations by broadening our testing definition. Tests assess important questions, such as “Is the data correct?” Data errors can cause compliance risks.

Metrics 117

Metrics Software Cost-Benefit Testing 117

CIO Business Intelligence

MARCH 22, 2022

March 2022. February 2022. January 2022. He will be based in Gurugram, reporting to CEO Pratik Pota, and will have responsibility for all the digital transformation initiatives at Jubilant FoodWorks. Sanjay Verma has joined Akums India as group CIO, reporting to managing director Sandeep Jain.

Internet Publishing and Broadcasting 97

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 97

AWS Big Data

MAY 25, 2023

This team is allowed to create AWS Glue for Spark jobs in development, test, and production environments. During testing, one of the jobs wasn’t configured to automatically scale its compute resources, resulting in jobs timing out, costing the organization more than anticipated. Worker Type DPUs vCPUs Memory (GB) Disk (GB) G.1X

Reporting 72

Reporting Metrics Optimization Data Lake 72

O'Reilly on Data

FEBRUARY 16, 2023

Sydney-enhanced Bing has threatened and insulted its users, in addition to being just plain wrong (insisting that it was 2022, and insisting that the first Avatar movie hadn’t been released yet). That’s what beta tests are for. Of course, Bard and Sydney are beta releases that aren’t open to the wider public yet.

Testing 208

Testing Statistics Modeling Optimization 208

O'Reilly on Data

NOVEMBER 28, 2023

As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. And only 33% report that their companies aren’t using AI at all. of nonusers, 5.4%

Enterprise 267

Enterprise Modeling Testing Reporting 267

Alation

JUNE 24, 2022

Last week the Alation team joined data leaders from all over the world for Snowflake Summit 2022 in Las Vegas. Judging from the non-stop demos, conversations, and test flights, visitors had no problem finding the Alation booth! This is why we were so thrilled to receive the Snowflake Data Governance Partner of the Year award for 2022!

Data Governance 59

Data Governance Insurance Data Processing Data Strategy 59

Laminar Security

MARCH 30, 2023

To gain a deeper understanding of the innovation attack surface’s impact on organizations with public cloud infrastructure, Laminar released its second-annual State of Cloud Data Security Report. Ninety-seven percent of security professionals reported their organization has a dedicated data security team, up from 58% in 2022.

Reporting 52

Reporting Risk Cost-Benefit Risk Management 52

CIO Business Intelligence

JUNE 1, 2023

According to the 2023 Veeam Data Protection Trends Report, 85% of respondents said they had been hit with ransomware attacks at least once in 2022. Finally, organizations should conduct frequent backup and recovery testing to make sure that everything works as it should. Find out more on the Veeam website. [1]

Enterprise 102

Enterprise Digital Transformation Forecasting Big Data 102

CIO Business Intelligence

MARCH 18, 2024

Introduced in 2020—and later enacted in 2022—DORA aims to establish a consistent and common level of digital operational resilience across financial services firms in—or doing business with—the EU. Digital operational resilience testing : Sets out guidance for testing of existing recovery strategies to identify potential vulnerabilities.

Risk Management 92

Risk Management Insurance Risk Testing 92

CIO Business Intelligence

NOVEMBER 9, 2023

While it addresses a broad spectrum of objectives for the AI ecosystem and builds upon previous directives related to AI, it is not without its challenges, notably a lack of accountability and specific timelines alongside potentially over-reaching reporting requirements. Thus, additional clarity around reporting of deep R&D is needed.

Testing 117

Testing Reporting Data-driven Technology 117

Laminar Security

JUNE 8, 2023

increase from 2022. A 2022 ISC report highlighted a cybersecurity workforce gap of 3.4 Nearly 70% of participants in that ISC survey reported feeling that their organization didn’t have enough cybersecurity personnel to manage cloud data risk effectively. In 2022, the global average data breach cost was $4.35

Statistics 82

Statistics Risk Reporting Unstructured Data 82

CIO Business Intelligence

MARCH 14, 2024

Testing and piloting AI is key to successful adoption, the study found, and the government bodies surveyed are doing well on this score, with 70% already doing so. Adopting and scaling AI Some of the NAO’s advice to government could also apply to enterprises, especially those with a similar aversion to risk and change.

Testing 97

Testing Risk Digital Transformation Statistics 97

IBM Big Data Hub

JANUARY 19, 2024

Last year, companies spent USD 219 billion on cybersecurity and solutions alone, a 12% increase from 2022, according to a recent report by the International Data Corporation (IDC) (link resides outside ibm.com). billion in 2022 and was poised to grow by 22% in the years ahead. million—a 15% increase over the last 3 years.

Strategy 92

Strategy Cost-Benefit Testing Risk 92

CIO Business Intelligence

JULY 19, 2022

Phishing/pharming, card testing, identity theft, and first-party misuse remain the most prevalent fraud attacks, each affecting more than three in 10 merchants globally, according to 2022 Global Fraud Report , by the Merchants Risk Council, Cybersource, and Verifi. 5] Visa, Just one second: What happens when we pay?

Risk 83

Risk Machine Learning Reporting Modeling 83

CIO Business Intelligence

JUNE 20, 2023

According to GitLab’s 2023 Global DevSecOps Report , 56% of organizations report using DevOps or DevSecOps methodologies, growing roughly 10% from 2022, for improved security, higher developer velocity, cost and time savings, and better collaboration. What is DevSecOps?

Cost-Benefit 84

Cost-Benefit Testing Software Reporting 84

IBM Big Data Hub

AUGUST 9, 2023

A phishing simulation is a cybersecurity exercise that tests an organization’s ability to recognize and respond to a phishing attack. 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

Testing 75

Testing Measurement Behavioral Analytics Reporting 75

CIO Business Intelligence

OCTOBER 23, 2023

The theme for Earth Day 2022 was “Invest in Our Planet.” The report “Ten tech trends driving transformation in 2022” from 451 Research, part of S&P Global Market Intelligence, [1] provides more insights that back up our thinking.

Testing 57

Testing Reporting Software Technology 57

FineReport

JULY 18, 2022

In order to assist you in selecting the one that best fits your company’s needs, let’s examine several best data analytics tools that are popular in 2022. FineReport is a business intelligence reporting and dashboard software that helps enterprises transform data into value. How to Choose Data Analysis Tools. RapidMiner.

Forecasting 52

Forecasting Dashboards Visualization Statistics 52

Smart Data Collective

SEPTEMBER 8, 2022

With 125 million cases of reported data breaches in 2020, organizations have learned the hard way that they have to up their cybersecurity to prevent stolen and leaked information. In 2022, after two years of investing heavily in security, the number of recorded data breaches has gone down by 56%. What Exactly Does It Test?

Testing 112

Testing Dashboards Risk Software 112

CIO Business Intelligence

MAY 30, 2024

Following a legislative review of state purchases in fiscal year 2022, the state of Oklahoma discovered that its agencies had procured more than $3 billion worth of goods and services outside the oversight of its Office of Management and Enterprise (OMES) Central Purchasing division. And the market for process mining tools is growing.

IT 123

IT Cost-Benefit Key Performance Indicator Dashboards 123

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 Over time, inventory managers have tested different approaches to determine the best fit for their organizations.

Optimization 75

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 75

CIO Business Intelligence

MARCH 13, 2024

According to a research report IDC released in November, based on a survey of over 2,100 business leaders and decision makers with responsibility for AI transformation, 71% of companies already using AI are seeing returns on their AI investments within 14 months, averaging $3.50 We did side-by-side testing,” he says.

IT 120

IT Consulting Testing Cost-Benefit 120

CIO Business Intelligence

MAY 23, 2022

In the recent State of the CIO 2022 research , one of the top priorities of CEOs for IT leaders in the next year is to have them lead digital business and digital transformation initiatives and improve the customer experience. This trend will continue through 2022 and beyond as there continues to be a push for more digital solutions.”.

Digital Transformation 75

Digital Transformation Testing Machine Learning Software 75

IBM Big Data Hub

FEBRUARY 8, 2024

In 1997, the Global Reporting Initiative (GRI) was founded with the aim of addressing environmental concerns, though it soon broadened its scope to also focus on social and governance issues. The CDP encouraged institutional investors to ask companies to report on their climate impact.

Measurement 79

Measurement Metrics Reporting Strategy 79

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! A survey of data engineers conducted by DataKitchen in 2022 revealed some shocking statistics. his boss’s boss?and

Testing 169

Testing Risk Data Processing Statistics 169

CIO Business Intelligence

OCTOBER 13, 2023

They often report to data infrastructure and data science leads. Established and emerging data technologies: Data architects need to understand established data management and reporting technologies, and have some knowledge of columnar and NoSQL databases, predictive analytics, data visualization, and unstructured data.

Data Architecture 122

Data Architecture Data Warehouse Statistics Visualization 122

CIO Business Intelligence

APRIL 7, 2023

between 2021 and 2022, reaching an average tech salary of $111,348 per year, according to the 2023 Dice Tech Salary Report. Salaries vary by location, with the technologists reporting the highest average salaries of $144,962 per year in Silicon Valley, the original tech hub. Salaries increased 2.3%

IT 134

IT Digital Transformation Testing Marketing 134

CIO Business Intelligence

MARCH 7, 2023

Tech companies have laid off over 250 thousand employees since 2022, and 93% of CEOs report preparing for a US recession over the next 12 to 18 months. Devops teams now look to shift left security and implement continuous testing to develop more innovative, secure, and reliable features from the start.

Digital Transformation 141

Digital Transformation Data Governance Experimentation Machine Learning 141

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” The average cost of a data breach is $4.64 The average cost of a data breach is $4.64

ROI 117

ROI IT Manufacturing Metrics 117

CIO Business Intelligence

OCTOBER 21, 2022

The contact center software market is expected to grow at a 21% compound annual growth rate ( CAGR ) from 2022 to 2030. As a whole, Market Research Futures reports that the global market for cloud contact center technology will reach $45.5 As you scale your business, manual testing processes will struggle keep up with the demand.

Cost-Benefit 70

Cost-Benefit Testing Metrics Marketing 70

CIO Business Intelligence

AUGUST 8, 2022

In 2020, a Consumer Reports study found that 31% of drivers were considering an EV as their next auto purchase. Potential drivers were required to call customer service for a test drive or reservation, rather than scheduling those services online. When it came to millennials, an astounding 78% expressed interest.

Manufacturing 90

Manufacturing Finance Testing Sales 90

CIO Business Intelligence

DECEMBER 19, 2023

The Department of Homeland Security’s Science and Technology Directorate is working on a collaborative project with the Metropolitan Transportation Authority (MTA) and other public safety partners to test biological and chemical sensor technologies in a New York City subway station, grading the programs’ effectiveness in detecting hazards.

Technology 113

Technology Internet of Things Risk Reporting 113

CIO Business Intelligence

SEPTEMBER 14, 2022

Demand has increased so much that IT job postings in manufacturing doubled between May 2021 and 2022, according to Dice.com, with increased demand for skills such as agile development, Python, software development, automation, C++, SQL, and Java, among others. Principal software engineer. Systems engineer. Principal systems engineer.

Manufacturing 113

Manufacturing IT Software Digital Transformation 113

DataRobot Blog

MARCH 23, 2023

This full suite of ML lifecycle capabilities delivers model testing, deployment and serving, performance monitoring and granular model-level insights, approval workflows, and a higher level of confidence for decisions informed by models. Data science teams can then better address challenges associated with the ML lifecycle.

Machine Learning 52

Machine Learning Cost-Benefit Modeling Testing 52

CIO Business Intelligence

JULY 24, 2023

“With this huge amount of data per month, we are able to offer stats and reports,” Bruno says. With 112,000 reports in the system and 8 million bits of information, it’s a huge amount of information for 42 clubs.” We had some tests in the laboratory first, and then we tested with the fans.

Broadcasting 78

Broadcasting Recreation/Entertainment Testing Machine Learning 78

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! A survey of data engineers conducted by DataKitchen in 2022 revealed some shocking statistics. his boss’s boss?and

Testing 130

Testing Risk Data Processing Statistics 130