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MRO spare parts optimization

IBM Big Data Hub

Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0 When assets lack criticality and priority assignments, there is a risk of accumulating unnecessary parts that might become obsolete on the shelves. Now, consider the just-in-case approach.

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5 common consultant negotiation tactics and how to protect your interests

CIO Business Intelligence

To execute a successful digital transformation initiative, you are likely to establish consulting provider relationships. Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit. This takes planning.

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4 key steps for optimizing your IT services portfolio

CIO Business Intelligence

From the CEO’s perspective, an optimized IT services portfolio maximizes cost efficiency, flexibility, and scalability. It enables the organization to focus on its core business while managing risks and accelerating time-to-market for new products and services.

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Optimizing PCI compliance in financial institutions

CIO Business Intelligence

The notion of pattern exists beyond IT in areas that a PCI security assessment touches, such as employee pre-employment practices, awareness security training, risk assessment methodology, or third-party service provider management. Claire LaVelle is a principal consultant QSA for Verizon Cyber Security Consulting group.

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What is GRC? The rising importance of governance, risk, and compliance

CIO Business Intelligence

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

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Practical advice to optimize savings with cloud migrations

CIO Business Intelligence

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. You need to “identify benefits and risks,” Seiter said.

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IBM watsonx AI and data platform, security solutions and consulting services for generative AI to be showcased at AWS re:Invent

IBM Big Data Hub

Watsonx.governance can also help manage these models against regulatory guidelines and risks tied to the model itself and the application using it. Today, key optimization metrics from Turbonomic can be visualized within the Cloudability interface, providing deeper cost analysis and savings for AWS Cloud environments.