IBM Big Data Hub

MAY 31, 2024

Recent research commissioned by IBM® indicates that as many as 42% of surveyed enterprise-scale businesses have actively deployed AI, while an additional 40% are actively exploring the use of AI technology. But tax agencies must adopt AI tools with adequate oversight and governance to mitigate risks and build public trust.

Cost-Benefit 99

Cost-Benefit Risk Risk Management Reporting 99

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 118

Enterprise Cost-Benefit Digital Transformation Strategy 118

CIO Business Intelligence

SEPTEMBER 19, 2023

Organizations all around the globe are implementing AI in a variety of ways to streamline processes, optimize costs, prevent human error, assist customers, manage IT systems, and alleviate repetitive tasks, among other uses. And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand.

Enterprise 140

Enterprise Cost-Benefit Optimization Deep Learning 140

CIO Business Intelligence

MAY 29, 2024

As the company grew and expanded into new markets and services, its legacy Enterprise Resource Planning (ERP) system became increasingly complex, costly, and inflexible. Large enterprises often have expansive landscapes, with legacy systems that stand in the way of speed, agility, and innovation.”

Cost-Benefit 119

Cost-Benefit Finance Strategy Risk 119

CIO Business Intelligence

DECEMBER 19, 2023

Their steady income stream and relatively low risk compared to equities make them an especially important component of pension and retirement planning. Each type of issuer presents a different level of risk and tax treatment. Bonds are issued by different entities such as governments, municipalities, and corporations.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

CIO Business Intelligence

SEPTEMBER 17, 2022

More than 70% of US legal departments across enterprises spanning various industry sectors have not made any investment towards digital transformation in the last two years, according to a joint report from The Association of Corporate Counsel (ACC) and legal-technology company Disco. Digital Transformation, Legal

Digital Transformation 103

Digital Transformation Reporting Cost-Benefit Management 103

CIO Business Intelligence

SEPTEMBER 21, 2023

Generative AI touches every aspect of the enterprise, and every aspect of society,” says Bret Greenstein, partner and leader of the gen AI go-to-market strategy at PricewaterhouseCoopers. If you take something slightly risky and make it a thousand times bigger, the risks are amplified,” he says. But it’s a sign of what’s to come. “If

Enterprise 126

Enterprise Consulting Modeling Cost-Benefit 126

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

erwin

AUGUST 20, 2020

Enterprise architecture (EA) is a strategic planning initiative that helps align business and IT. In this post: What Is Enterprise Architecture? Why Is Enterprise Architecture Important? Why Is Enterprise Architecture Important? Benefits of Enterprise Architecture. Common Enterprise Architecture Use Cases.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

IBM Big Data Hub

FEBRUARY 13, 2024

The best option for an enterprise organization depends on its specific needs, resources and technical capabilities. It assists in structural optimization which ensures that products are strong, durable and use minimal material, leading to considerable cost reductions.

Enterprise 118

Enterprise Modeling Testing Data-driven 118

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 71

Risk Modeling Management Metadata 71

Jet Global

MARCH 25, 2024

However, in order to thrive, they must also operate sustainably and mange costs. Without a strong financial monitoring system, a hospital cannot plan for the long term and risks having to make abrupt decisions at the expense of customer satisfaction. How to Choose the Most Impactful Hospital KPIs?

Reporting 52

Reporting KPI Key Performance Indicator Metrics 52

Jet Global

MARCH 23, 2024

In more layman terms, public sector KPIs serve two important purposes: They report important information to citizens. The constituents cannot hold their government responsible without having access to periodic reporting on key performance metrics. They provide information that directly describes the government’s activities.

Reporting 52

Reporting KPI Metrics Measurement 52

CIO Business Intelligence

MARCH 6, 2024

Manufacturing in particular has become a bigger target for bad actors; in fact, it was one of the sectors most impacted by extortion attacks, according to Palo Alto Networks’ 2023 Unit 42 Extortion and Ransomware Report. Attacks against OT systems pose risks beyond financial losses. The second business benefit is cost savings.

ROI 116

ROI Manufacturing Cost-Benefit IoT 116

CIO Business Intelligence

AUGUST 17, 2022

Being on the forefront of enterprise storage in the Fortune 500 market, Infinidat has broad visibility across the market trends that are driving changes CIOs cannot ignore. Check Point Research reported recently that it found 50% more cyberattack attempts per week on corporate networks globally in 2021 compared with 2020.

Enterprise 95

Enterprise Cost-Benefit Snapshot Data-driven 95

CIO Business Intelligence

APRIL 29, 2024

And when it comes to building enterprise applications, Java has made a name for itself as the Swiss Army Knife of programming languages. Its “write once, run anywhere” philosophy has driven widespread adoption and established the platform as the backbone of enterprise applications. Applications are the backbone of modern business.

Cost-Benefit 115

Cost-Benefit Software ROI Enterprise 115

CIO Business Intelligence

FEBRUARY 29, 2024

You’d be forgiven if you’re wondering whether you’ve stumbled on an article from 2016 , but, in fact, the practice of launching an offshore IT center wholly owned and operated by the enterprise it serves is back in vogue with notable twists. The upside of captives today Some benefits of captive centers are the same as ever.

Cost-Benefit 105

Cost-Benefit Risk Modeling Strategy 105

CIO Business Intelligence

NOVEMBER 8, 2023

1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. In fact, a few of the most common challenges include: Risk. 6 On top of that, the average cost of a data breach is over $4.4 8 Complexity. 8 Complexity.

Cost-Benefit 126

Cost-Benefit Risk Digital Transformation Reporting 126

Jet Global

JULY 29, 2020

User interfaces for ERP reporting tools are most often built with IT staff in mind, not the end user. As a heavyweight in the world on enterprise software, Oracle makes a lot of companies scramble any time it decides to stop supporting one of its core products. Real-Time Reporting Solutions for Oracle EBS. What Comes Next?

Reporting 98

Reporting Cost-Benefit Consulting Finance 98

CIO Business Intelligence

JUNE 6, 2024

For more than a decade now, enterprises have been using AI, constantly improving on it over the years before arriving at what it is today. At the recent Dell Technologies World, Chairman and CEO of Dell Technologies Michael Dell, stressed the importance of reaping the benefits of AI responsibly. “AI

Cost-Benefit 64

Cost-Benefit IT Data-driven Digital Transformation 64

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 139

Digital Transformation Unstructured Data Machine Learning Risk Management 139

CIO Business Intelligence

JANUARY 23, 2023

A move that is likely to unlock similar investments from competitors — Google in particular — and open the way for new or improved software tools for enterprises large and small. Microsoft stands to benefit from its investment in three ways. The deal, announced by OpenAI and Microsoft on Jan.

Enterprise 130

Enterprise Deep Learning Recreation/Entertainment Interactive 130

Jet Global

SEPTEMBER 1, 2023

But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends. Analysts can use predictive analytics to foresee if a change will help them reduce risks, improve operations, and/or increase revenue.

Predictive Analytics 52

Predictive Analytics Risk Analytics Software 52

Jet Global

OCTOBER 7, 2021

Accounting is the process of recording, analyzing and reporting financial information of a business which can be used by a variety of stakeholders including regulators, investors and management. Cost per Invoice – This is an accounting manager KPI that indicates the total average cost of processing a single invoice from receipt to payment.

Metrics 110

Metrics Reporting KPI Key Performance Indicator 110

DataRobot Blog

MAY 10, 2022

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States.

Risk 64

Risk Modeling Machine Learning Data Quality 64

IBM Big Data Hub

APRIL 10, 2024

The reality is that application landscapes are complex, and they challenge enterprises to maintain and modernize existing infrastructure, while delivering new cloud-native features. Value delivery and reduced business cost Decreasing production costs helps drive agility by realigning with new business goals sooner.

Cost-Benefit 89

Cost-Benefit Software Risk Marketing 89

CIO Business Intelligence

JANUARY 4, 2024

The CCA allows overarching enterprise functions and IT shared services to be assessed separately from the business unit’s products/applications that require PCI security compliance. How can implementing a CCA benefit financial institutions and their various business units in their quest for PCI security compliance?

Optimization 90

Optimization Cost-Benefit Reporting Enterprise 90

IBM Big Data Hub

JANUARY 11, 2024

Modern enterprises face many types of disasters, including pandemics, cyberattacks , large-scale power outages and natural disasters. Disaster recovery plan (DRP): A disaster recovery plan (DRP) is a document that clearly outlines how an enterprise will recover from an unexpected event.

Cost-Benefit 94

Cost-Benefit Risk Enterprise Software 94

IBM Big Data Hub

JANUARY 19, 2024

Whether your industry faces challenges from geopolitical strife, fallout from a global pandemic or rising aggression in the cybersecurity space, the threat vector for modern enterprises is undeniably powerful. Reducing costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach in 2023 was USD 4.45

Strategy 91

Strategy Cost-Benefit Testing Risk 91

Jet Global

JUNE 25, 2021

In more layman terms, public sector KPIs serve two important purposes: They report important information to citizens. The constituents cannot hold their government responsible without having access to periodic reporting on key performance metrics. How to Compare Reporting & BI Solutions. Learn More. Download Now.

Reporting 104

Reporting KPI Metrics Measurement 104

Jet Global

NOVEMBER 28, 2023

As businesses navigate the ever-changing landscape of tax regulations, they face the ongoing challenge of increasing productivity while minimizing costs. Although staying with your current process can seem like the safer option, it can leave you more open to risk. Rushed work increases your risk for error and noncompliance.

Reporting 52

Reporting Finance Software Cost-Benefit 52

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 128

IT Risk Cost-Benefit Risk Management 128

Jet Global

AUGUST 13, 2020

No matter the type of audit, your organization will benefit from a robust audit planning process that creates a clearly defined audit trail. This not only streamlines your audit planning process, but it also benefits the finance department. Integrating your audit and financial planning processes has its benefits.

Enterprise 98

Enterprise Finance Cost-Benefit Risk 98

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation.

Cost-Benefit 81

Cost-Benefit Testing Machine Learning Optimization 81

Jet Global

JUNE 23, 2023

In more layman terms, public sector KPIs serve two important purposes: They report important information to citizens. The constituents cannot hold their government responsible without having access to periodic reporting on key performance metrics. They provide information that directly describes the government’s activities.

Reporting 52

Reporting KPI Metrics Measurement 52

Jet Global

MARCH 2, 2022

In recent years, investors have been placing an increased emphasis on a range of environmental, social, and governance (ESG) issues resulting in ESG reporting becoming more important. As a result, there are more demands on companies to report on their activities and practices and how they impact environmental and social sustainability.

Reporting 59

Reporting Recreation/Entertainment Risk Insurance 59

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 regulations, undergoing digital transformation and the need for cost-cutting. A 40% reduction in inventory costs.

Optimization 74

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 74