CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

Cost-Benefit 134

Cost-Benefit Metrics Insurance Measurement 134

CIO Business Intelligence

OCTOBER 20, 2022

Use AI-enabled software to implement anti-phishing security measures In-house cybersecurity training is no longer a time- and skill-intensive process, given the prevalence of AI-based phishing awareness platforms. Schedule regular security and phishing training for employees and remedial measures for those who fail tests.

Measurement 136

Measurement Reporting Enterprise Software 136

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. Printers are often not subject to the rigorous security measures routinely applied to computing devices; for example, complex passwords and rigorous patching and software update regimes.

IT 92

IT Measurement Risk Testing 92

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?”

Metrics 117

Metrics Software Cost-Benefit Testing 117

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. At a glance, here are the primary changes FRTB introduces: A shift from value-at-risk (VaR) to an expected shortfall (ES) measure of risk under stress. Operational Impact of FRTB.

Risk 55

Risk Machine Learning Risk Management Measurement 55

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Keep it agile, with short design, develop, test, release, and feedback cycles: keep it lean, and build on incremental changes. Test early and often. Test and refine the chatbot. Expect continuous improvement.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

OCTOBER 16, 2023

Researchers for the 2023 DBIR identified system intrusion, social engineering and basic web application attacks as the most common attack patterns that led to breaches and data theft. Compliance with PCI DSS v4.0 PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three.

Gap analysis 115

Gap analysis Consulting Risk Measurement 115

Jet Global

JUNE 25, 2023

A hospital key performance indicator (KPI) is a quantifiable measure that monitors the quality of healthcare provided by the hospital and measures the overall success of the business. A successful hospital runs efficiently, provides life saving services and plays a valuable role in driving public health measures.

Reporting 52

Reporting KPI Key Performance Indicator Metrics 52

CIO Business Intelligence

OCTOBER 11, 2023

For its AI Priorities Study 2023 , Foundry surveyed IT decision-makers who have either implemented AI and generative AI technologies in their organizations, have plans to, or are actively researching them. Top of those AI priorities for now is generative AI, with 56% of respondents eager to learn more about it.

IT 119

IT Software Testing Manufacturing 119

IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 What is a data protection strategy?

Strategy 71

Strategy Measurement Risk Cost-Benefit 71

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? Gartner attempted to list every metric under the sun in their recent report , “T oolkit: Delivery Metrics for DataOps, Self-Service Analytics, ModelOps, and MLOps, ” published February 7, 2023. Under Velocity, the Mean Time to Deliver Data metric measures the time it takes to deliver data.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

MAY 30, 2024

One of our key directives was to audit procurement for all state agencies by the end of the calendar year 2023,” McIntosh says. “To Modernizing with purpose In June 2023, Oklahoma began using process mining tools from Celonis to analyze procurement processes based on purchasing laws and massive amounts of financial data. “As

IT 122

IT Cost-Benefit Key Performance Indicator Dashboards 122

IBM Big Data Hub

SEPTEMBER 13, 2023

According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 The Total Economic Impact™ of IBM Security Randori study that IBM commissioned Forrester Consulting to conduct in 2023 found 85% reduction in losses due to an external attack totaling $1.5

Risk 95

Risk Management Strategy Measurement 95

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. Phishing tests are usually part of broader security awareness training led by IT departments or security teams. The only difference is that recipients who take the bait (e.g.,

Testing 74

Testing Measurement Behavioral Analytics Reporting 74

CIO Business Intelligence

MAY 14, 2024

As we are testing and dipping our toes in the water with AI, we are choosing to keep that as private as possible,” he says, noting that the public cloud has the horsepower needed for many LLMs of today but his company has the option of adding GPUs if needed via its privately owned Dell equipment.

IT 135

IT Data Processing Enterprise Modeling 135

IBM Big Data Hub

FEBRUARY 9, 2024

2022 was the year that generative artificial intelligence (AI) exploded into the public consciousness, and 2023 was the year it began to take root in the business world. In December of 2023, Mistral released “Mixtral,” a mixture of experts (MoE) model integrating 8 neural networks, each with 7 billion parameters. .

Cost-Benefit 96

Cost-Benefit Modeling Data-driven Enterprise 96

IBM Big Data Hub

MAY 15, 2023

IBM is accepting proposals for the third cohort of the IBM Sustainability Accelerator — focused on water management solutions — until May 31st, 2023. For example, measurements from the App inform environmental monitoring and management efforts in the provinces of Limburg and Zeeland.

Technology 76

Technology Measurement Recreation/Entertainment Optimization 76

Rocket-Powered Data Science

JULY 21, 2023

For a detailed report on the current state of observability this year, you can access and download “ The State of Observability 2023 ” report from Splunk. testing for hypothesized threats, behaviors, and activities), (2) Baseline (i.e., automation of the first two type of hunts, using AI and machine learning).

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

CIO Business Intelligence

SEPTEMBER 5, 2023

The project also earned ELC a 2023 CIO 100 Award in IT Excellence. “We Throughout the design, build, and test phases, their feedback was informing our decisions, even the small features like being able to adjust the speed of the virtual assistant’s speech,” Aidan says. What about when I remove product?

Visualization 122

Visualization Testing Machine Learning Measurement 122

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 127

Risk Manufacturing Enterprise Technology 127

IBM Big Data Hub

AUGUST 18, 2023

Regulators also require organizations to test business recovery processes periodically and provide documented test results showing that SLAs have been met. Entities will also be expected to put appropriate cybersecurity protection measures in place. It offers more control and flexibility for comprehensive testing and validation.

Cost-Benefit 75

Cost-Benefit Testing Strategy Risk Management 75

AWS Big Data

APRIL 28, 2023

Interactive sessions allow developers to test their code line by line without needing to run the entire job to test any changes made to the code. Without measuring the performance and identifying bottlenecks, it’s not realistic to optimize cost-effectively. load("s3:// /year=2023/month=03/*/*.gz")

Optimization 96

Optimization Metrics Interactive Data Integration 96

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. According to IBM , a single data breach costs $9.4

Cost-Benefit 82

Cost-Benefit Testing Software Reporting 82

CIO Business Intelligence

MARCH 25, 2024

In early 2023, Hubbard knew Rest needed an ambitious new technology roadmap to enable the implementation of its strategy to make the superannuation experience simpler. We set up a persistent pilot team at Rest in 2023 to test out the concept. The product owner decided to swap the item for the next initiative on the backlog.

Modeling 110

Modeling Cost-Benefit IT ROI 110

CIO Business Intelligence

JULY 17, 2023

According to the 2023 Verizon Data Breach Investigations Report (DBIR), the majority of cyber attacks are led by organized criminals looking to disrupt business and steal data to sell. The number one reason (95%) for cyber attacks is financial gain, with 24% of all cyber attacks involving ransomware.

Management 87

Management Data Processing Risk Digital Transformation 87

CIO Business Intelligence

NOVEMBER 23, 2023

And industry analysis finds the cost of such outages is increasing, according to Uptime Institute’s Annual Outage Report 2023. Adopt a protocol to test updates first Initial reports from Optus connected the outage to “changes to routing information from an international peering network” in the wake of a “routine software upgrade.”

Testing 96

Testing Risk Software Strategy 96

CIO Business Intelligence

SEPTEMBER 13, 2023

Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks. Tech debt, budget constraints, and overloaded staff schedules are among the top reasons IT leaders cite for scuttled innovation attempts.

IT 129

IT Digital Transformation Risk Cost-Benefit 129

CIO Business Intelligence

AUGUST 25, 2023

The project, which earned Proctor & Gamble a 2023 CIO 100 Award for IT innovation and leadership, has had a profoundly material impact on the manufacturing floor. The resulting platform was pilot tested for nine months at one P&G plant before being rolled out half of P&G’s Pampers manufacturing plants across the US.

Predictive Analytics 95

Predictive Analytics IoT Manufacturing Analytics 95

AWS Big Data

JANUARY 31, 2024

Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. Dataset For this analysis, we used the LSEG Tick History – PCAP OPRA dataset from May 17, 2023.

Marketing 85

Marketing Analytics Visualization Strategy 85

CIO Business Intelligence

SEPTEMBER 26, 2023

But even as we remember 2023 as the year when generative AI went ballistic, AI and its ML (machine learning) sidekick have been quietly evolving over several years to yield eye-opening insights and problem-solving productivity for IT organizations. Her career began in the semiconductor test industry. And rightly so.

IT 126

IT Key Performance Indicator Software Metadata 126

IBM Big Data Hub

AUGUST 16, 2023

Conducting red team testing is the most realistic way to validate your defenses, find vulnerabilities and improve your organization’s cybersecurity posture. Moreover, every red team operation creates an opportunity for measurement and improvement. Unlike cybercriminals, red teamers do not intend to cause actual damage.

Testing 54

Testing Cost-Benefit Risk Consulting 54

AWS Big Data

OCTOBER 3, 2023

For our testing, we generated about 58,176 small objects with total size of 2 GB. For running the Amazon EMR tests, we used Amazon EMR version emr-6.11.0 Then we ran an AWS Glue extract, transform, and load (ETL) job to convert the JSON files into Parquet format. with Spark 3.3.2, and JupyterEnterpriseGateway 2.6.0.

Optimization 111

Optimization Snapshot Data Lake Metadata 111

CIO Business Intelligence

NOVEMBER 14, 2023

Cloud computing doesn’t exist in a vacuum, and neither should your cloud strategy,” Gartner advises in its 2023 Cloud Strategy Cookbook. How will we measure and communicate the value of cloud? It’s essential to align cloud strategy with other existing technology strategies (e.g., data, security, development, architecture) as well.

Strategy 136

Strategy Cost-Benefit IT Key Performance Indicator 136

AWS Big Data

MARCH 28, 2023

In a data warehouse, a dimension is a structure that categorizes facts and measures in order to enable users to answer business questions. Test SCD Type 2 implementation With the infrastructure in place, you’re ready to test out the overall solution design and query historical records from the employee dataset.

Data Lake 72

Data Lake Testing Snapshot Sales 72

The Unofficial Google Data Science Blog

APRIL 23, 2024

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Taking measurements at parameter settings further from control parameter settings leads to a lower variance estimate of the slope of the line relating the metric to the parameter.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

CIO Business Intelligence

MAY 13, 2024

In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. They’re asking CIOs to work with project sponsors on the business side to calculate and prove out anticipated ROIs as they develop AI initiatives; it’s no longer about experimenting and testing for learning’s sake. “I

IT 120

IT Digital Transformation ROI Strategy 120

IBM Big Data Hub

APRIL 11, 2024

Compliance with official policies through auditing tools and other measures is merely the final step. For example, New York City published its own AI Action plan in October 2023, and formalized its AI principles in March 2024. How organizations put them into action is what counts.

Risk 74

Risk Consulting Modeling Data Processing 74