Remove Business Objectives Remove Data Processing Remove Risk Remove Strategy
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How to build a successful AI strategy

IBM Big Data Hub

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. The decreasing default risk with increasing salary suggests that higher income applicants pose less credit risk to the bank.

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Common cloud migration challenges and how to manage them

IBM Big Data Hub

A cloud migration, however, is a huge undertaking that requires thorough planning and execution of a comprehensive strategy to successfully achieve business goals. Though it can deliver many benefits, a migration project poses some risks to an organization and presents a unique set of challenges.

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Top Cloud Data Security Statistics for 2023

Laminar Security

With the mass adoption of the cloud, businesses of all sizes and industries gained access to the vast amounts of data generated by their own operations, their customers, and the market at large. That’s particularly concerning when you recognize that 89% of organizations say they host sensitive data or workloads in the cloud.

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Practical advice to optimize savings with cloud migrations

CIO Business Intelligence

Host Isaac Sacolick ( @nyike ) was joined by a bevy of consultants and practitioners who had no shortage of advice on the topic. benrothke Asked about the main challenges in migrating premises-based workloads to the cloud, issues centered around planning, strategy and not moving too fast. Business Services, CIO, Cloud Management

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What is digital transformation? A necessary disruption

CIO Business Intelligence

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Digital transformation is the integration of digital technologies into all aspects of business operations. Other research confirms the imperatives for engaging in digital transformation.

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Customizing Personal Lines Insurance with Location Data

Cloudera

I recently attended one of Majesco’s excellent webinars hosted by Denise Garth, Chief Strategy Officer. This data enables travel insurers to perform much more granular risk assessment, underwriting and pricing based on the specific travel behaviors and the specific risks that the insured represents.