CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. This is an issue for CIOs. It’s not a hammer.

Strategy 97

Strategy Risk Enterprise Risk Management 97

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 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

CIO Business Intelligence

MARCH 5, 2024

CIOs must also partner with CISOs, legal, human resources, and business leaders to build awareness of policies and develop a generative AI risk management strategy. While that’s a limitation, there are reports of promised functionality not yet available.

Cost-Benefit 118

Cost-Benefit Advertising Experimentation Software 118

CIO Business Intelligence

NOVEMBER 21, 2023

There are ample reasons why 77% of IT professionals are concerned about shadow IT, according to a report from Entrust. That’s where an IT strategy that frames shadow IT as an opportunity for improved collaboration can have a profound impact.

IT 134

IT Risk Cost-Benefit Risk Management 134

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 113

Risk Management Risk Marketing Cost-Benefit 113

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. Still, at times, tailoring one’s strategy to fit a single provider has its benefits, he says.

Risk 125

Risk Strategy Cost-Benefit Risk Management 125

AWS Big Data

FEBRUARY 1, 2024

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. The solution should be scalable, cost-efficient, and straightforward to adopt and operate.

Data Warehouse 125

Data Warehouse Dashboards Risk Management Risk 125

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 125

Enterprise Cost-Benefit Digital Transformation Strategy 125

Smart Data Collective

JUNE 19, 2022

Companies are using AI to better understand their customers, recognize ways to manage finances more efficiently and tackle other issues. Since AI has proven to be so valuable, an estimated 37% of companies report using it. AI is particularly helpful with managing risks. Price and Cost Risk. Quality Risk.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

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 137

Cost-Benefit Digital Transformation Consulting Strategy 137

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

Laminar Security

MARCH 30, 2023

Cloud transformation and data democratization provide a number of benefits to organizations, but these same technologies and trends are also introducing the greatest risks. Ninety-seven percent of security professionals reported their organization has a dedicated data security team, up from 58% in 2022.

Reporting 52

Reporting Risk Cost-Benefit Risk Management 52

IBM Big Data Hub

OCTOBER 26, 2023

A corporate sustainability report is a comprehensive document that outlines a company’s efforts, policies, practices and performance related to social, environmental and economic sustainability. Challenges arise when these software solutions need to be integrated in order to expose insights that could maximize their benefits.

Reporting 73

Reporting Software Cost-Benefit Strategy 73

CIO Business Intelligence

FEBRUARY 22, 2024

Increasing pressures around environment, social, and governance (ESG) concerns have organizations across industries turning to their CIOs to revamp their strategies for ESG reporting. To date, many companies have merely repurposed existing technology solutions for their ESG reporting needs. So getting specific is important.”

Software 86

Software Reporting KPI Enterprise 86

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. the average cost of a data breach was at its highest, reaching $9.48M. In the U.S., In the U.S.,

Cost-Benefit 78

Cost-Benefit Testing Strategy Risk Management 78

CIO Business Intelligence

MAY 13, 2024

Corporate and IT strategy are one, and technology is the tool to deliver strategic objectives. Other reports also highlight the strong CEO interest in AI. The other key strategies are investing in new lines of business; marketing and promotions; and upskilling and retaining existing talent.)

IT 129

IT Digital Transformation ROI Strategy 129

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. Benefits of partnering with IBM? Additional resources here.

Cost-Benefit 57

Cost-Benefit Risk Management Risk Digital Transformation 57

CIO Business Intelligence

JULY 15, 2022

Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. 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.

Management 113

Management Cost-Benefit Risk Software 113

CIO Business Intelligence

APRIL 7, 2022

It’s Hobson’s choice: risk being knocked out of business with a single punch vs. risking a slow but just as lethal outcome from loss of customers, marketshare, and mindshare. Add to the challenge this risk-management maxim: Successful prevention is indistinguishable from absence of risk. Chargebacks.

Risk Management 119

Risk Management Risk Cost-Benefit Management 119

IBM Big Data Hub

APRIL 4, 2024

Business process management examples BPM can help improve overall business operations by optimizing various business processes. Here are some BPM examples that outline the use cases and benefits of BPM methodology: Business strategy BPM serves as a strategic tool for aligning business processes with organizational goals and objectives.

Management 57

Management Cost-Benefit Metrics Consulting 57

erwin

SEPTEMBER 17, 2020

It’s paramount that organizations understand the benefits of automating end-to-end data lineage. Here are six benefits of automating end-to-end data lineage: Reduced Errors and Operational Costs. Replace manual and recurring tasks for fast, reliable data lineage and overall data governance.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

CIO Business Intelligence

DECEMBER 5, 2022

Project management steps Project management is broken down into five phases or life cycle. Each phase intersects with any of 10 knowledge areas, which include: integration, scope, time, cost, quality, human resources, communication, risk procurement, and stakeholder management. Budget for surprises.

Management 132

Management Cost-Benefit Key Performance Indicator Software 132

FineReport

APRIL 9, 2024

Comparing leading BI tools provides valuable insights into the diverse capabilities and features available for data analysis and reporting. These benefits include enhanced operational efficiency through streamlined processes and optimized resource allocation.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

JULY 13, 2023

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. In fact, a Sustainable IT report by Capgemini states that 89% of companies surveyed recycle less than 10% of their IT hardware, and less than half of executives say they are aware of their organizations’ IT footprint.

IT 90

IT Internet of Things Strategy IoT 90

IBM Big Data Hub

JUNE 29, 2023

Integrated Business Planning (IBP) addresses these challenges by providing a comprehensive framework that integrates strategic, operational and financial planning, analysis, and reporting to drive better business outcomes. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

Key Performance Indicator 80

Key Performance Indicator Forecasting Data Integration Sales 80

Smart Data Collective

AUGUST 14, 2022

Data loss protection comprises three significant business objectives – personal information protection, intellectual property protection, and comprehensive data usage reports. Here, DLP provides detailed reports to fulfill compliance audits. Data Usage Reports. How Does DLP Help Your Business? Personal Information Protection.

Risk 123

Risk Cost-Benefit Software Reporting 123

CIO Business Intelligence

MARCH 24, 2023

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 framework Data governance may best be thought of as a function that supports an organization’s overarching data management strategy.

Data Governance 142

Data Governance Management Metadata Data Quality 142

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45

Cost-Benefit 89

Cost-Benefit Risk Enterprise Advertising 89

CIO Business Intelligence

MARCH 13, 2024

According to a research report IDC released in November, based on a survey of over 2,100 business leaders and decision makers with responsibility for AI transformation, 71% of companies already using AI are seeing returns on their AI investments within 14 months, averaging $3.50 for every $1 spent.

IT 127

IT Consulting Testing Cost-Benefit 127

CIO Business Intelligence

APRIL 1, 2022

A sustainable value chain also offers significant business benefits, including potential cost savings and reputation enhancement. All too often, executives look at value chains exclusively through the lens of risk management and economic value, not realizing that sustainability can—and should—also be a part of the equation.

Cost-Benefit 52

Cost-Benefit Risk Risk Management Manufacturing 52

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

DECEMBER 7, 2022

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. Cloud-related services’ cost has risen by between 5% and 7% this year compared to last, IDC says.

IT 132

IT Insurance Cost-Benefit Risk Management 132

Smart Data Collective

MAY 8, 2022

When you combine big data with AI, you can help your users extract highly-valuable insights from data, foster data literacy across your company or organization, and take advantage of the many other benefits it offers. Improves decision making and reduces costs. However, there may be issues whenever the generated data isn’t good.

Big Data 105

Big Data Data Analytics Analytics Cost-Benefit 105

IBM Big Data Hub

SEPTEMBER 18, 2023

However the payment is being made, the payment system’s IT architecture needs to securely manage the key functions, including payments processing, clearing and settlement, risk management, integration and connectivity, and analytics and reporting.

Risk 73

Risk Cost-Benefit Digital Transformation Risk Management 73

Jet Global

JANUARY 11, 2021

Not only does it depend greatly on the organization’s overall goals and strategy, but it can also hinge on the personalities and working styles of the other leaders surrounding the CFO. The operator focuses on organizational efficiency, balancing the company’s capabilities, costs, and service levels to achieve primary financial objectives.

Analytics 75

Analytics Key Performance Indicator Finance Risk Management 75

Ontotext

JULY 6, 2023

Case studies The risk and opportunity event detection use case discussed above combines all of Ontotext’s capabilities: storing and managing large amounts of data adding meaning to it (e.g.,, Connected Inventory Ontotext’s Connected Inventory integrates data from various sources, which enables efficient reporting.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

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. The benefits of EA include: Better decision-making. Reduced risks and costs.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140