O'Reilly on Data

JUNE 27, 2023

Welcome to your company’s new AI risk management nightmare. Before you give up on your dreams of releasing an AI chatbot, remember: no risk, no reward. The core idea of risk management is that you don’t win by saying “no” to everything. So, what do you do? I’ll share some ideas for mitigation.

Risk Management 224

Risk Management Risk Management Modeling 224

CIO Business Intelligence

NOVEMBER 14, 2023

Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. There are other risks, too. Why are we really going to cloud?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

Smart Data Collective

SEPTEMBER 13, 2021

Remote working has also created greater data security risks. Many organizations and enterprises are constantly under threat of a cyber attack. Although data may be lost in a hacking incident, it can also be due to other intentional or accidental reasons. Cost of data loss and the factors that drive its cost. The maximum threshold is 200 days.

Risk 125

Risk Strategy Enterprise Finance 125

CIO Business Intelligence

MAY 17, 2023

Excellent opportunities to save and make money, reduce risk, and develop new models of business emerge when business, IT and data teams work together, identifying where the enterprise’s most valuable data assets reside. Why it matters:  Data-driven business decisions must factor prominently in modernization efforts.

Data-driven 110

Data-driven Strategy IT Insurance 110

CIO Business Intelligence

MARCH 19, 2024

Ask your average schmo what the biggest risks of artificial intelligence are, and their answers will likely include: (1) AI will make us humans obsolete; (2) Skynet will become real, making us humans extinct; and maybe (3) deepfake authoring tools will be used by bad people to do bad things. Risks perceived by an average schmo 1.

Risk 124

Risk Machine Learning Risk Management Measurement 124

CIO Business Intelligence

MARCH 18, 2024

There are a lot of risks and a lot of land mines to navigate,” says the analyst. Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. The CIO has strategies in place to address all three. The opportunity is too big. billion in 2024 to $521.0

Risk 133

Risk Cost-Benefit Data Processing Testing 133

CIO Business Intelligence

OCTOBER 12, 2023

The following are strategies you can leverage as a team to change this attitude: Leveraging data for impact One key strategy is using data to demonstrate the service desk’s influence on your organization’s bottom line. To illustrate the real-world impact of these strategies, let’s focus on Wodonga TAFE. Managed IT Services

Strategy 111

Strategy ROI IT Cost-Benefit 111

IBM Big Data Hub

MARCH 27, 2024

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? These risks can make it difficult or impossible for organizations to operate in affected locations.

Risk 69

Risk Forecasting Insurance Strategy 69

Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? It is important to realize that the usual “hype cycle” rules prevail in such cases as this.

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

CIO Business Intelligence

APRIL 16, 2024

Some researchers and tech leaders are using the strategy. In practice, I think leaders are too afraid to take that risk; it’s a change, and we’re inundated with change, and this is one more change they’re not willing to take on,” says Brittany Lutes, a research analyst at Info-Tech Research Group. Its use is on the upswing.

Strategy 132

Strategy Reporting Management Marketing 132

CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Take Responsibility for Risk Oversight. Take Responsibility for Risk Oversight.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

DataRobot Blog

APRIL 29, 2022

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111

Risk Modeling IT Risk Management 111

IBM Big Data Hub

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. In sourcing strategy, blockchain technology helps track orders, payments, accounts and more. How is sourcing strategy different than procurement strategy?

Strategy 107

Strategy Technology Cost-Benefit Risk Management 107

CIO Business Intelligence

FEBRUARY 20, 2024

The risks and opportunities of AI AI is opening a new front in this cyberwar. De-risking AI security deployments As with any new technology, CIOs looking to implement AI-assisted security will have concerns around effectiveness, safety, business value, and return on investment. Take a Security Copilot readiness assessment today.

Risk 122

Risk Insurance Measurement Strategy 122

CIO Business Intelligence

MAY 24, 2023

Enterprises need to define a holistic strategy for cloud enablement and in this, there may be multiple cloud solutions (e.g., Enterprises need to define a holistic strategy for cloud enablement and in this, there may be multiple cloud solutions (e.g., My advice: Be proactive. hyperscale, private cloud). hyperscale, private cloud).

Strategy 105

Strategy IT Digital Transformation Optimization 105

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing. A disaster recovery strategy lays out how your businesses will respond to a number of unplanned incidents.

Strategy 103

Strategy Cost-Benefit Testing Risk 103

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. What’s the vision for IT?

Strategy 98

Strategy IT Cost-Benefit Finance 98

Smart Data Collective

MAY 4, 2023

Unfortunately, as the world becomes more and more digital, cybersecurity risks are growing at a rapid pace. As a small business owner, this means that you and your business could be at risk of being attacked this very second. Thankfully, becoming aware of the risks out there can help you safeguard your business and mitigate your risks.

Risk 105

Risk Strategy Measurement Software 105

CIO Business Intelligence

MARCH 12, 2024

Here are three strategies for getting it done. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies.

ROI 122

ROI IT Manufacturing Metrics 122

Smart Data Collective

MAY 7, 2023

million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks. What is cyber risk?

Digital Transformation 104

Digital Transformation Risk Strategy Testing 104

IBM Big Data Hub

NOVEMBER 30, 2023

Risks from wildfires, floods, heat, drought and wind have always been a concern, but climate change has intensified these risks, making them more frequent and unpredictable for organizations. This situation increases the need for businesses to adapt their sustainability strategies to address climate change issues.

Strategy 98

Strategy Insurance Risk Management 98

CIO Business Intelligence

MAY 6, 2024

Check out these strategies for leading well based on decades or experience from the C-suite. We have candid discussions about anything from our enterprise strategy to how we manage work-life balance,” he says. Influential CIOs and other technology leaders responded with time-tested, hard-won knowledge and guidance.

IT 115

IT Consulting Strategy Digital Transformation 115

CIO Business Intelligence

APRIL 30, 2024

The law will create new mandates for organizations to validate, monitor, and audit the entire AI lifecycle, says Kjell Carlsson, head of AI strategy at Domino Data Lab, a data science and AI company. EU residents will have a right to submit complaints about high-risk AI systems and receive explanations about decisions.

IT 115

IT Risk Data-driven Modeling 115

IBM Big Data Hub

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 89

Strategy Management Forecasting Cost-Benefit 89

CIO Business Intelligence

SEPTEMBER 26, 2023

Management rules typically exist to enable faultless decision-making, set a foundation for consistent operation, and provide protection from risk, observes Ola Chowning, a partner at global technology research and advisory firm ISG. Breaking a rule often happens after the CIO weighs the risk of removing or retaining a mandate,” she notes.

IT 141

IT Risk Cost-Benefit Consulting 141

CIO Business Intelligence

APRIL 29, 2024

When asked which challenges most often force IT to redirect time and focus away from strategy and innovation tasks, CIOs most commonly cited staff and skills shortages, changing business conditions, and addressing security threats. It hit us all and kept us from looking at the things we were working on,” he says. “We

IT 128

IT Consulting Technology Strategy 128

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. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 74

Strategy Cost-Benefit Key Performance Indicator Consulting 74

Andrew White

SEPTEMBER 30, 2022

These sovereign data policies, and in some cases strategies, are growing in complexity and importance. It is therefore critical that CDAOs understand the opportunities and risks and take action accordingly. CDAOs need to work with legal and risk leaders, and inform CEOs of the implications for their whole business.

Data Strategy 64

Data Strategy Risk Strategy Analytics 64

Smart Data Collective

NOVEMBER 22, 2022

For example, many bitcoin investors are finding creative ways to use AI to improve their trading strategies. What Are Some Ways that You Can Use AI in Your Bitcoin Trading Strategy? There are a number of ways that you can use AI technology to improve your bitcoin investing strategy. Use AI to Automate Your Trading Strategy.

Risk 123

Risk Predictive Analytics Data-driven Marketing 123

Smart Data Collective

JUNE 19, 2022

AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. All companies require complex relationships with various suppliers and service providers to develop the products and services they offer to clients and customers — but those relationships always carry some risk. Failure or Delay Risk.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

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. Following are seven steps to guide this transformation for competitive advantage.

IT 137

IT Risk Cost-Benefit Risk Management 137

IBM Big Data Hub

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

Strategy 98

Strategy Cost-Benefit Digital Transformation Uncertainty 98

CIO Business Intelligence

JANUARY 22, 2024

However, returning to the GIGO warning, an over-reliance on synthetic data risks accelerating the dangers of inaccurate outputs and poor decision making; such data is only as good as the models that created it. Artificial Intelligence, CIO, Data Management, IT Leadership, IT Strategy

Data Strategy 132

Data Strategy Strategy Data-driven Enterprise 132

CIO Business Intelligence

MARCH 14, 2024

MBA programs can also help leaders hone their communication and negotiation skills while also improving their understanding of organizational behavior, strategic planning, and risk management through exposure to experienced peers and varied coursework,” Bhargava explains. Does it make sense for an IT leader to seek an MBA?

IT 126

IT Strategy Digital Transformation Risk Management 126