IBM Big Data Hub

DECEMBER 4, 2023

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states.

Risk Management 94

Risk Management Risk Cost-Benefit Business Services 94

Laminar Security

DECEMBER 22, 2023

In the age of cloud computing, data security and cost management are paramount for businesses. Data Security Posture Management (DSPM) serves as a critical tool in this landscape, offering businesses a way to keep their data secure while also managing their cloud storage costs effectively.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

erwin

MARCH 25, 2021

And with many competing projects and activities vying for people’s time, it must be clear to people why choosing data governance activities will have a direct benefit to them. Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Specific types of sourcing minimize costs in different ways.

Cost-Benefit 85

Cost-Benefit Scorecard Risk Recreation/Entertainment 85

IBM Big Data Hub

APRIL 18, 2023

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. Are your payment systems ready to reap these benefits? Enhanced Risk Management: better identify and manage risks, such as fraud, credit risk and operational risk.

Risk Management 116

Risk Management Cost-Benefit Risk Data-driven 116

AWS Big Data

FEBRUARY 1, 2024

The solution should be scalable, cost-efficient, and straightforward to adopt and operate. Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. version cluster.

Data Warehouse 125

Data Warehouse Dashboards Risk Management Risk 125

IBM Big Data Hub

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Cost-Benefit 60

Cost-Benefit Risk Management Risk Digital Transformation 60

IBM Big Data Hub

FEBRUARY 28, 2024

Because organizations with strategic sourcing mindsets look beyond price and cost savings-centered supplier selection initiatives. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.

Strategy 103

Strategy Technology Cost-Benefit Risk Management 103

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 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

IBM Big Data Hub

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption.

Strategy 87

Strategy Management Forecasting Cost-Benefit 87

CIO Business Intelligence

DECEMBER 27, 2023

Those same characteristics, however, reveal the risks AI pose to this sector. It’s really good at summarising, filling in blanks, and connecting dots, so generative AI is fit for purpose,” says Brian Baral, global head of risk at Genpact. AI will play a role in this workflow and classifying information,” he says.

Insurance 141

Insurance Cost-Benefit Risk Technology 141

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

IT 111

IT Cost-Benefit Risk Consulting 111

IBM Big Data Hub

JANUARY 16, 2024

Since AI has an ability to find trends in data, AI helps insurers create personalized products which could lead to more accurate risk assessments and ease insurance costs for individuals. Mitigation efforts and having the proper risk management tools will be vitally important as threats increase.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

JANUARY 4, 2024

Financial institutions must ensure the protection of sensitive personal information, most commonly payment card data, to maintain, trust and meet various regulatory requirements. How can implementing a CCA benefit financial institutions and their various business units in their quest for PCI security compliance?

Optimization 105

Optimization Cost-Benefit Reporting Enterprise 105

CIO Business Intelligence

JULY 15, 2022

While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security. Benefits of vendor management. But by establishing a point-person who is focused on managing that vendor relationship, a strong dynamic partnership can be formed.

Management 122

Management Cost-Benefit Risk Software 122

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

SEPTEMBER 20, 2023

Now Assist for IT Service Management, Customer Service Management, and HR Service Delivery add new text creation and summarization features and an interactive chatbot interface to help workers get to relevant information more quickly. Cost in question The new gen AI features do come at a cost.

Cost-Benefit 111

Cost-Benefit Software Finance Interactive 111

CIO Business Intelligence

MAY 9, 2022

Holistic, multi-dimensional collaboration delivers the highest total value, considering cost, speed, risk, quality, and overall customer experience. It includes order collaboration, forecast, capacity, inventory, quality, and cost collaboration with suppliers. Better risk management and control.

Cost-Benefit 98

Cost-Benefit Forecasting Risk Management Risk 98

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Be flexible.

Strategy 71

Strategy Cost-Benefit Key Performance Indicator Consulting 71

erwin

APRIL 2, 2021

With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing. Lack of a solid data governance foundation increases the risk of data-security incidents. Data Security Starts with Data Governance.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

CIO Business Intelligence

NOVEMBER 23, 2022

Goals of enterprise architecture EA is guided by the organization’s business requirements — it helps lay out how information, business, and technology flow together. A good EA strategy considers the latest innovations in business processes, organizational structure, agility, information systems, and technologies.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

CIO Business Intelligence

MAY 9, 2024

Helping lead the continual evolution of the nation’s largest all-digital bank are two award-winning technology executives: Sathish Muthukrishnan, Ally’s chief information, data, and digital officer, and Donna Hart, the company’s CISO. Hart: Human error and phishing are still the major cyber risks to a corporation.

Cost-Benefit 116

Cost-Benefit Technology Risk Risk Management 116

CIO Business Intelligence

FEBRUARY 26, 2024

CAPM prerequisites To be eligible to take the CAPM you will need to have a secondary degree (high school diploma, GED, or global equivalent) and 23 hours of project management education completed by the time you take the exam. CAPM cost The exam costs $225 for PMI members and $300 for non-members. Is the CAPM worth it?

Cost-Benefit 98

Cost-Benefit Testing Management Risk Management 98

Ontotext

JULY 6, 2023

This shift of both a technical and an outcome mindset allows them to establish a centralized metadata hub for their data assets and effortlessly access information from diverse systems that previously had limited interaction. Let’s consider an example about risk and opportunity event detection.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

NOVEMBER 18, 2022

The longer it takes to recover, the more it will cost. If you don’t have a cyber event recovery plan, it could take days or even weeks to recover, costing time, money, customer trust, and lost business. As part of your cyber event recovery plan, ensure you’re storing secondary copies of information offsite or off-network.

Cost-Benefit 98

Cost-Benefit Risk Management Risk Testing 98

Smart Data Collective

MAY 25, 2023

Fortunately, there are a number of measures that small businesses can take to protect their sensitive information from unauthorized access. Additionally, cybercrime costs SMEs over $2.2 With a cybersecurity plan, businesses understand risks well and can enable proactive protection while ensuring prompt responses to cyberattacks.

Internet of Things 89

Internet of Things Cost-Benefit Risk Software 89

CIO Business Intelligence

MARCH 9, 2023

IT leaders may find that prices are going up without an accompanying increase in benefits, with technology providers — less dependent on any one industry or geography — taking a harder line on deals, says Achint Arora, a partner in the pricing assurance practice at Everest Group. The sell side typically has the information advantage.”

Cost-Benefit 116

Cost-Benefit Risk Uncertainty Technology 116

IBM Big Data Hub

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. While advanced models can handle diverse data types, some excel at specific tasks, like text generation, information summary or image creation.

Enterprise 124

Enterprise Modeling Testing Data-driven 124

CIO Business Intelligence

OCTOBER 3, 2023

These tools bring benefits beyond automation. They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Organisational change management (OCM): processes do not exist in isolation from organisational structures.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

IBM Big Data Hub

JULY 27, 2023

The following are some of the most impactful ways oil and gas is embracing EAM as an asset management strategy: Asset lifecycle management : Oil and gas assets are intricate, costly and have lengthy lifecycles. Cost control and budgeting : EAM systems provide valuable insights into asset performance as it relates to maintenance costs.

Cost-Benefit 59

Cost-Benefit IoT Internet of Things Enterprise 59

IBM Big Data Hub

JUNE 29, 2023

This blog explores the significance of IBP in today’s modern business landscape and highlights its key benefits and implementation considerations. Advanced analytics and business intelligence tools are utilized to analyze and interpret the data, uncovering insights and trends that drive informed decision-making.

Key Performance Indicator 81

Key Performance Indicator Forecasting Data Integration Sales 81

erwin

AUGUST 20, 2020

Benefits of Enterprise Architecture. Through EA, organizations benefit from a context-rich, top-down and holistic perspective of their structure, including its limitations and potential. Benefits of Enterprise Architecture. Benefits of Enterprise Architecture. The benefits of EA include: Better decision-making.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

FineReport

JUNE 7, 2023

This, in turn, saves numerous working hours and ultimately reduces costs, all made possible through modern solutions. Keeping these concepts in mind, we will delve into the fundamental dynamics of project management dashboards, examine exemplary instances and templates, and explore the myriad benefits they offer.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

CIO Business Intelligence

MARCH 24, 2023

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.”

Data Governance 142

Data Governance Management Metadata Data Quality 142

CIO Business Intelligence

OCTOBER 11, 2022

When it comes to IT resourcing during tough economic times, cutting costs in the wrong places can be dangerous. Partnering with a trusted third-party, however, can help you deliver the following benefits safely and without breaking the bank: . Hybrid working significantly reduces real-estate footprint and costs.

Cost-Benefit 59

Cost-Benefit IT Risk Management Data Processing 59