CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 98

Risk Risk Management ROI Technology 98

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? Generate Scenarios.

Risk 84

Risk Modeling Risk Management Measurement 84

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., Continue reading Managing risk in machine learning.

Machine Learning 226

Machine Learning Risk Management Statistics 226

CIO Business Intelligence

JUNE 27, 2024

The issue has become a concern for builders of generative AI models and the enterprises that use them, as some data sets used in AI training have legally and ethically uncertain origins. Trade associations like the DPA may play a role in supporting the enforcement of such legislation and advocating for other similar measures.

Risk 126

Risk Measurement Risk Management Strategy 126

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 70

Risk Modeling Management Metadata 70

IBM Big Data Hub

FEBRUARY 22, 2024

As we see enterprises increasingly face geographic requirements around sovereignty, IBM Cloud® is committed to helping clients navigate beyond the complexity so they can drive true transformation with innovative hybrid cloud technologies. We believe this is particularly important with the rise of generative AI.

Enterprise 73

Enterprise Risk Data Processing Business Driver 73

CIO Business Intelligence

JUNE 21, 2024

Manufacturing business leaders have specific priorities: Increasing revenue/value Improving cost-efficiency Minimizing business risks and their impact For each priority, IT leaders must demonstrate how IT modernization projects yield tangible and intangible business benefits for the organization.

Manufacturing 109

Manufacturing Key Performance Indicator IoT IT 109

CIO Business Intelligence

JUNE 23, 2023

It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience. When asked what keeps them up at night, IT leaders noted the need to improve overall IT performance (60%), followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%).

IT 98

IT Risk Management Risk Optimization 98

CIO Business Intelligence

JULY 1, 2024

By documenting cases where automated systems misbehave, glitch or jeopardize users, we can better discern problematic patterns and mitigate risks. Lastly, CLTR said, capacity to monitor, investigate, and respond to incidents needs to be enhanced through measures such as the establishment of a pilot AI incident database.

Reporting 128

Reporting Risk Management Experimentation Risk 128

Smart Data Collective

APRIL 30, 2021

Businesses cannot risk putting data security aside. 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. Install an enterprise VPN. million to a data breach.

Enterprise 96

Enterprise Risk Measurement Software 96

Smart Data Collective

MAY 4, 2023

Unfortunately, there are often many weak links in the data security infrastructure, which can increase the risks of data breaches. As data breaches continue to be a serious concern, organizations need to take stringent measures to protect against them. These steps can help reduce the risks of data breaches.

Risk Management 80

Risk Management Key Performance Indicator Measurement Risk 80

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 98

Cost-Benefit Risk Risk Management Reporting 98

IBM Big Data Hub

APRIL 19, 2024

Asset management and technological innovation Advancements in technology underpin the need for holistic grid asset management, making the assets in the grid smarter and equipping the workforce with smart tools. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 85

Management Internet of Things Risk IoT 85

IBM Big Data Hub

MARCH 20, 2024

Each year we see the challenges that enterprises face become more complex as they strive to keep up with the latest technologies, such as generative AI, and increasing customer expectations. But how can an enterprise ensure these priorities remain front and center, especially when working with third and fourth parties?

Risk Management 72

Risk Management Risk Enterprise Business Services 72

CIO Business Intelligence

JUNE 21, 2022

Everybody makes mistakes, but when a CIO messes up, the consequences can be devastating to the instigator, as well as the entire IT department and enterprise. Poor risk planning. CIOs frequently launch strategic initiatives without fully considering all the risks involved. Insufficient operational visibility.

IT 113

IT Risk Measurement Risk Management 113

DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

Decision Management Solutions

APRIL 23, 2019

, in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better. Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

CIO Business Intelligence

MAY 28, 2024

OpenAI’s creation of a new safety committee at board level follows a string of departures and bad publicity around the company’s attitude to safety, including the dispersal of a “superalignment” team focused on long-term risks led by ex-chief-scientist Ilya Sutskever, who left the company two weeks ago. He’s not alone in that believe.

Risk 113

Risk Risk Management Consulting Modeling 113

erwin

MARCH 12, 2020

Forrester recently released its “Now Tech: Enterprise Architecture Management Suites for Q1 2020” to give organizations an enterprise architecture (EA) playbook. It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. Guess what?

Enterprise 85

Enterprise Reporting Management ROI 85

CIO Business Intelligence

JULY 25, 2024

But whether you’re on the management track or have your eye on an IT management career, any one of these 20 IT management certifications should help give you a leg up in the industry. The exam covers topics such as IT governance, IT risk assessment, risk response and reporting, and information technology and security.

IT 130

IT Management Risk Risk Management 130

Cloudera

MARCH 25, 2021

Will the data privacy controls ultimately help create an enterprise approach to data? Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. In this case, regulation could be the mother of enterprise data governance.

Data Strategy 68

Data Strategy Strategy Enterprise Insurance 68

CIO Business Intelligence

MAY 14, 2024

Reflective of Foundry’s (formerly IDG Communications) increasing commitment to the region, CIO50 is aligned to a global awards program and viewed as a mark of excellence within the enterprise.

Digital Transformation 98

Digital Transformation Business Objectives Risk Management Measurement 98

CDW Research Hub

JUNE 10, 2021

Sirius Security helps them reduce risk, streamline and improve operations, and take a forward-leaning approach with proactive prevention, detection and response that keeps pace with threats. Advancing your security posture requires effectively managing these common challenges: Shifting compliance and threat landscape. & Bake-Offs.

Enterprise 52

Enterprise Consulting Risk Business Objectives 52

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 113

Strategy Risk Management Risk Measurement 113

CIO Business Intelligence

JULY 2, 2024

The rapid proliferation of connected devices and increasing reliance on digital services have underscored the need for comprehensive cybersecurity measures and industry-wide standards to mitigate risks and protect users’ data privacy.

Experimentation 104

Experimentation Digital Transformation Risk Management Risk 104

AWS Big Data

FEBRUARY 1, 2024

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. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

Data Warehouse 131

Data Warehouse Dashboards Risk Management Risk 131

bridgei2i

APRIL 23, 2020

The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red.

Risk 52

Risk Management Scorecard Forecasting 52

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. 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.

Technology 94

Technology Risk Measurement IoT 94

CIO Business Intelligence

JUNE 12, 2023

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. COBIT 2019 components COBIT 2019 updates the framework for modern enterprises by addressing new trends, technologies, and security needs.

Risk Management 94

Risk Management Strategy Digital Transformation Enterprise 94

Cloudera

MAY 24, 2022

I recently attended the CeFPro environmental, social, and corporate governance (ESG) conference in London along with a variety of risk experts and ESG leaders from large global institutions. I discussed the complex modeling considerations of physical, transition, and alignment risks in a prior post about climate risk models. .

Risk 93

Risk Measurement Modeling Risk Management 93

CIO Business Intelligence

MARCH 21, 2024

In addition to rationalizing applications and other tactics you would expect, Lovelady knew establishing influence across McWane would be essential for the IT makeover to succeed, and that in turn would require over-communicating, driving accountability, measuring success, and rewarding high performance.

IT 109

IT Manufacturing Risk Management Risk 109

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. These five capabilities support both integrated view of strategic, operational and technology risk as well as the related business outcomes, processes and assets.

Risk Management 52

Risk Management Risk Insurance Predictive Modeling 52

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

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. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?

Risk 117

Risk Risk Management Management Enterprise 117

Alation

AUGUST 17, 2022

The Risks of Early Data Governance Programs. The biggest risk was a lack of ownership. Too often, organizations don’t educate their users about data governance, security, and business risk,” claims analyst Jack Gold. If your definitions are bad, so is your governance/risk/security. Enterprise risk management.

Data Governance 92

Data Governance Risk Data-driven Measurement 92

CIO Business Intelligence

MAY 9, 2022

This surge in interest and commitment to ESG investments makes it clear that enterprises must prioritize adherence to ethical environmental, social, and governance parameters to stay in the calculation. From an enterprise point of view, supply chains particularly over the last few years, have become ever more interlinked, complex, and global.

Insurance 97

Insurance Risk Risk Management Enterprise 97

Smart Data Collective

JULY 19, 2021

A data center colocation is also known as colo and it is a particular set of data center services that usually mainly deal with providing safe space for enterprise companies to store data, storage-related hardware and other pieces of equipment. This is definitely the main reason why enterprises are attracted by data center colo services.

Cost-Benefit 131

Cost-Benefit Risk Management Risk Consulting 131