Smart Data Collective

OCTOBER 13, 2021

AI technology moves innovation forward by boosting tinkering and experimentation, accelerating the innovation process. Big data also helps you identify potential business risks and offers effective risk management solutions. As technology improves, the need for businesses to compete increases. Leverage innovation.

Technology 114

Technology Cost-Benefit Experimentation Machine Learning 114

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. Otherwise, the risks become too significant.

Enterprise 96

Enterprise ROI Risk Strategy 96

IBM Big Data Hub

DECEMBER 15, 2023

When AI algorithms, pre-trained models, and data sets are available for public use and experimentation, creative AI applications emerge as a community of volunteer enthusiasts builds upon existing work and accelerates the development of practical AI solutions. Morgan’s Athena uses Python-based open-source AI to innovate risk management.

Deep Learning 64

Deep Learning Experimentation Machine Learning Risk 64

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. Knowledge organization (e.g.,

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

JULY 31, 2023

1 question now is to allow or not allow,” says Mir Kashifuddin, data risk and privacy leader with the professional services firm PwC US. Rapidly evolving risks Companies that have blocked the use of gen AI are finding that some workers are still testing it out. The CIO’s job is to ask questions about potential scenarios.

Strategy 98

Strategy Risk Enterprise Risk Management 98

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

DECEMBER 6, 2023

Microsoft called the poll an error and promised to investigate, but it already seems to clearly breach several of the company’s own principles of responsible AI usage , such as inform people that they’re interacting with an AI system, and guidelines for human-AI interaction.

IT 132

IT Risk Management Interactive Risk 132