Smart Data Collective

APRIL 30, 2021

With hackers and identity thieves using more advanced methods, it’s crucial for any enterprise to adopt new tools in keeping sensitive data from falling into the wrong hands and preventing cases of fraud. According to the 2020 Cost of a Data Breach Report by IBM, businesses could lose at least $3.86 Install an enterprise VPN.

Enterprise 95

Enterprise Risk Measurement Software 95

CIO Business Intelligence

JUNE 23, 2023

Other focus areas include data and content management (60%), DevOps (58%), infrastructure and application modernization (58%), automation (57%), and enterprise storage (35%). Risk Management: Risk management is a critical focus for technology professionals. Digital Transformation

IT 98

IT Risk Management Risk Optimization 98

CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. In fact, Gartner estimates that by 2026, nearly one-third of enterprises will consider identity verification and authentication solutions unreliable due to AI-generated deepfakes.

Strategy 114

Strategy Risk Management Risk Measurement 114

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. You can run a direct query from QuickSight for BI reporting and dashboards.

Data Warehouse 126

Data Warehouse Dashboards Risk Management Risk 126

Cloudera

MARCH 25, 2021

Reporting on the Virginia CDPA, a recent American Banker article highlights that the introduction of the state privacy laws may force banks to break down the silos. Will the data privacy controls ultimately help create an enterprise approach to data? In this case, regulation could be the mother of enterprise data governance.

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

Cloudera

OCTOBER 20, 2021

Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers.

Risk 79

Risk Modeling Risk Management Measurement 79

IBM Big Data Hub

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. Curated foundation models, such as those created by IBM or Microsoft, help enterprises scale and accelerate the use and impact of the most advanced AI capabilities using trusted data.

Risk 73

Risk Modeling Management Metadata 73

Smart Data Collective

OCTOBER 26, 2023

The threat of cyber-attacks is expanding across all industries, affecting government agencies, banks, hospitals, and enterprises. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information. This empowers employees to adequately support the firm’s security goals.

Technology 92

Technology Risk Measurement IoT 92

bridgei2i

MAY 4, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. She feels while the short-term focus will be on crisis-management and survival, businesses will increasingly turn to intelligent automation across sectors once they start recovering. You’re listening to AI to Impact by BRIDGEi2i, a podcast on AI for the digital enterprise.

Enterprise 91

Enterprise Digital Transformation Sales Recreation/Entertainment 91

CIO Business Intelligence

MAY 9, 2022

Nearly two decades since the term ESG was coined in a groundbreaking report called, Who Cares Wins , mindful and planet-affirmative investing has become both smart and mainstream. From an enterprise point of view, supply chains particularly over the last few years, have become ever more interlinked, complex, and global. In the U.S.

Insurance 92

Insurance Risk Risk Management Enterprise 92

CIO Business Intelligence

JULY 13, 2023

Enterprise IT is contributing significantly to the world’s carbon footprint. 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. Governance.

IT 95

IT Internet of Things Strategy IoT 95

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

CIO Business Intelligence

MARCH 24, 2023

However, there are many other challenges as well, including regulatory requirements, human capital, stakeholder engagement, alignment of materiality and performance, and the need to embed ESG into an existing ERM (Enterprise Risk Management) framework. “The AI and machine learning algorithms can monitor compliance in real time.

Risk Management 52

Risk Management Consulting Metrics Data Quality 52

CIO Business Intelligence

APRIL 29, 2022

A recent report by Enterprise Strategy Group, commissioned by Hewlett Packard Enterprise, explains why data-first thinking matters: because they move faster than their competitors. Table 1 shows the typical levels enterprises go through on the path to data-first maturity, as defined in the HPE Edge-to-Cloud Adoption Framework.

Digital Transformation 128

Digital Transformation Strategy Data-driven Data Strategy 128

Cloudera

MAY 24, 2022

Alongside guidance initiatives from central banks such as the Bank of England’s pledge and the US Federal Reserve’s committees, organizations are assessing their strategy to measure risk and meet climate disclosure reporting requirements. Climate Risk Measuring and Modeling.

Risk 84

Risk Measurement Modeling Risk Management 84

CIO Business Intelligence

MARCH 24, 2023

Whereas data governance is about the roles, responsibilities, and processes for ensuring accountability for and ownership of data assets, DAMA defines data management as “an overarching term that describes the processes used to plan, specify, enable, create, acquire, maintain, use, archive, retrieve, control, and purge data.”

Data Governance 142

Data Governance Management Metadata Data Quality 142

Ontotext

JULY 6, 2023

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. Changing the game with knowledge graphs So how does knowledge graph technology help enterprises in the Financial Services Industry become data-driven?

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Smart Data Collective

DECEMBER 17, 2021

Critical data, whether for enterprises or individuals, is literally critical. At least, the painstaking efforts accumulated will be wasted, which will seriously affect the regular operation of the enterprise and cause huge losses to the business. You have to take steps to protect it from data loss. What is backup?

Cost-Benefit 103

Cost-Benefit Measurement Big Data ROI 103

CIO Business Intelligence

SEPTEMBER 2, 2022

The average salary for a financial software engineer is $116,670 per year, with a reported salary range of $85,000 to $177,000 per year, according to data from Glassdoor. The average salary for a full stack software engineer is $115,818 per year, with a reported salary range of $85,000 to $171,000 per year, according to data from Glassdoor.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

The average salary for a financial software engineer is $116,670 per year, with a reported salary range of $85,000 to $177,000 per year, according to data from Glassdoor. The average salary for a full stack software engineer is $115,818 per year, with a reported salary range of $85,000 to $171,000 per year, according to data from Glassdoor.

Finance 98

Finance IT Software Reporting 98

John Wheeler

OCTOBER 20, 2020

We continue our “20 for 20” theme this year by highlighting the integrated risk management (IRM) critical capabilities and top 20 software functions / features. Risk Quantification and Analytics. Beyond assessing risk from a qualitative perspective, companies in many industries (e.g.,

Risk Management 52

Risk Management Risk Predictive Modeling Insurance 52

IBM Big Data Hub

MAY 17, 2024

As these innovations are dynamically reshaping the commerce journey, it is crucial for leaders to anticipate and future-proof their enterprises to embrace the new paradigm.  According to a recent report from the IBM Institute for Business Value , half of CEOs are integrating generative AI into products and services.

B2B 67

B2B Interactive Optimization Forecasting 67

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 128

IT Consulting Testing Cost-Benefit 128

IBM Big Data Hub

AUGUST 1, 2023

As enterprises embrace generative AI to drive innovation, the combination of IBM’s AI stack, industry expertise and infrastructure can help them on their journeys. IBM also recently unveiled watsonx , our next-generation AI and data platform to help enterprises train, validate and deploy AI models.

Digital Transformation 66

Digital Transformation Risk Data Processing Enterprise 66

O'Reilly on Data

JULY 15, 2019

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. AI projects in financial services and health care.

Machine Learning 38

Machine Learning Management Enterprise Risk Management 38

Alation

AUGUST 17, 2022

And while IT should never be the data owner for business data, research from Digital Trailblazer author and former CIO Isaac Sacolick shows that 40 percent of business leaders “just want IT to fix the data and deliver reports.” The tension between growth + risk in enterprise data is a similar one between cybersecurity + innovation.

Data Governance 92

Data Governance Risk Data-driven Measurement 92

O'Reilly on Data

NOVEMBER 13, 2018

We recently conducted a survey which garnered more than 11,000 respondents—our main goal was to ascertain how enterprises were using machine learning. Classification parity means that one or more of the standard performance measures (e.g., Let’s begin by looking at the state of adoption.

Machine Learning 220

Machine Learning Risk Management Statistics 220

CIO Business Intelligence

SEPTEMBER 20, 2023

You’ve failed to build trust and communicate the vision Tina Behers, vice president of enterprise agility at Aligned Agility, shared two key prerequisites organizations need to execute digital transformation initiatives with agile methodologies. “If They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful.

Digital Transformation 134

Digital Transformation Uncertainty Metrics Business Objectives 134

CIO Business Intelligence

DECEMBER 5, 2022

Quality management: Identify quality requirements. Human resource management: Plan and identify human resource needs. Communications management: Plan stakeholder communications. Risk management: Perform qualitative and quantitative risk analysis, plan risk mitigation strategies.

Management 134

Management Cost-Benefit Key Performance Indicator Software 134

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. What are GRC certifications?

Risk 103

Risk Risk Management Management Enterprise 103

BizAcuity

APRIL 1, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

BizAcuity

JANUARY 18, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. REFERENCES. [1]

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Sisense

SEPTEMBER 3, 2020

Besides strong technical skills (for instance, use of Hadoop, programming in R and Python , math, statistics), data scientists should also be able to tackle open-ended questions and undirected research in ways that bring measurable business benefits to their organization. See an example: Explore Dashboard. Database Specialist.

Statistics 97

Statistics Metrics Visualization Finance 97

DataRobot

AUGUST 9, 2021

For instance, the New York Times recently reported, “ We Need Laws to Take On Racism and Sexism in Hiring. ”. Across the globe, governments and enterprises have put in place regulatory requirements, standards, certifications, and audits to oversee machine learning and AI applications, especially with autonomous decision-making systems (e.g.,

Machine Learning 52

Machine Learning Risk Testing Insurance 52

datapine

MARCH 31, 2022

For this purpose, you should be able to differentiate between various charts and report types as well as understand when and how to use them to benefit the BI process. The software focuses on 5 main pillars: visual data exploration, user-friendly analysis, interactive reporting, collaborative analytics, and mobile analytics.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

BizAcuity

JULY 26, 2021

According to the 2019 report by Flexera enterprises with a hybrid strategy grew to 58% in 2019 from 51% in 2018. A hybrid cloud environment aids in workload mobility, integration, and management across multiple computing environments. Improved security and risk management. What is a hybrid cloud?

IT 52

IT Cost-Benefit Data Processing Risk 52

Jet Global

AUGUST 20, 2019

Cash flow analysis is used for financial reporting purposes. Whether you are a new start-up or an established enterprise, cash flow is critical at every stage of a business’s lifecycle. One of the most useful measures in financial performance is Free Cash Flow (FCF). Project Management. What is a Cash Flow Analysis?

Forecasting 68

Forecasting Business Intelligence Reporting Software 68