CIO Business Intelligence

SEPTEMBER 17, 2022

More than 70% of US legal departments across enterprises spanning various industry sectors have not made any investment towards digital transformation in the last two years, according to a joint report from The Association of Corporate Counsel (ACC) and legal-technology company Disco. Digital Transformation, Legal

Digital Transformation 103

Digital Transformation Reporting Cost-Benefit Management 103

CIO Business Intelligence

SEPTEMBER 1, 2023

But a sense of frustration pervaded the company, as procurement teams complained about limited visibility into contract terms and challenges tracking statement of work (SOW) agreements, pacts specifying goals, and deadlines expected of external employees. With 738,000 employees and $3.8 Improvements were needed and the deadline was tight.

Management 98

Management Digital Transformation Consulting Reporting 98

O'Reilly on Data

APRIL 22, 2020

It’s not about staying within legal boundaries; ethics is a discussion about what’s right, not a set of rules. Compliance functions are powerful because legal violations result in clear financial costs. Legal compliance is increasingly inadequate for this powerful stakeholder. Ethics is much more slippery.

Cost-Benefit 248

Cost-Benefit Finance Strategy Data-driven 248

Smart Data Collective

NOVEMBER 28, 2022

Businesses might get stuck in needless intellectual property conflicts—a ‘legal minefield,’ as legal experts say. The legal implications of AI-generated creations are slowly inspiring actions. Legal experts ponder the implications of AI-generated work that uses copyrighted training data. Current Legal Options.

Publishing 111

Publishing Technology IT 111

CIO Business Intelligence

JULY 5, 2022

What may appear to be a relatively straightforward concept has instead become an extremely complicated situation due to the numerous regulations defined, countless re-purposed terms used, and the variety of technology capabilities offered. Defining digital sovereignty. First, let’s discuss data sovereignty and data residency.

Uncertainty 98

Uncertainty Metadata Machine Learning Data Governance 98

CIO Business Intelligence

JUNE 30, 2022

What may appear to be a relatively straightforward concept has instead become an extremely complicated situation due to the numerous regulations defined, countless re-purposed terms used, and the variety of technology capabilities offered. Defining digital sovereignty. First, let’s discuss data sovereignty and data residency.

Uncertainty 98

Uncertainty Metadata Machine Learning Data Governance 98

CIO Business Intelligence

JULY 7, 2022

Every time they want to bring on a new IT vendor, they must go through multiple levels of approval: procurement, legal, compliance, and more. Finally, contract negotiations and revisions can several months as legal teams revise language and terms that are suitable to both parties.

IT 114

IT Consulting Software Technology 114

CIO Business Intelligence

FEBRUARY 5, 2024

billion loan for another six months, the first of two allowed extensions, but it needs a longer-term solution. If the trustee’s help isn’t enough, the company hasn’t ruled out using other legal protection mechanisms available. Paul Saleh, previously the company’s CFO, was named CEO on Jan. 29, Atos rolled over a €1.5

Sales 98

Sales Big Data Marketing Management 98

CIO Business Intelligence

NOVEMBER 9, 2023

Assuming the candidate passes muster on those counts, the individual can expect very positive short- and long-term impacts on their careers by taking up this emerging IT leadership role, he says. In the short term, a successful CAIO will help enable AI adoption ad digital transformation, Reeves says. What is a chief AI officer?

IT 128

IT Strategy Reporting Visualization 128

Cloudera

DECEMBER 13, 2023

Legal & General Investment Management (LGIM) is one of the largest global asset managers, managing £1.2 trillion on behalf of savers, retirees, and institutions worldwide. LGIM prides itself on being a responsible investor and is at the forefront of global index fund management and pension investment.

Management 89

Management Technology Risk Optimization 89

CIO Business Intelligence

FEBRUARY 8, 2024

The successful long-term relationships we have observed were built on mutual trust and the vendors’ clear understanding of the client’s priorities.” Finding out which vendors are the best fit for meeting the short-term and long-term needs of the enterprise is vital. “We When it comes to IT vendors, a bad match can mean disaster.

Management 126

Management Scorecard Cost-Benefit Key Performance Indicator 126

IBM Big Data Hub

AUGUST 16, 2023

Confidentiality and privacy Similar to the point above, sharing confidential customer or partner information may violate contractual agreements and legal requirements to protect such information. This can result in legal consequences and reputational damage for the company. GPL ), leading to legal complications for the organization.

Risk 58

Risk Modeling Enterprise Interactive 58

Smart Data Collective

JANUARY 26, 2022

Legal analytics is an evolving discipline that is changing the future of the legal profession. Law firms are expected to spend over $9 billion on legal analytics technology by 2028. But what is legal analytics? How will it change the legal profession? What is Legal Analytics?

Data Analytics 72

Data Analytics Analytics Predictive Analytics Insurance 72

Smart Data Collective

OCTOBER 15, 2023

Need an expert in machine learning for a short-term project? The world of freelancing offers a diverse talent pool, allowing businesses to select the perfect fit for their needs without long-term commitment. Or perhaps a whiz in mobile app development for a unique customer experience?

Software 87

Software Cost-Benefit Machine Learning Marketing 87

CIO Business Intelligence

APRIL 6, 2022

And the coronavirus pandemic has accelerated a longer-term trend toward accessing all sorts of other services online as well. In the meantime, legal claims continue to proliferate that eat up time and budget. The thing that has really galvanized things over the last five or 10 years is the legal side,” says Bigham.

Visualization 135

Visualization Interactive Software Technology 135

BI-Survey

NOVEMBER 22, 2021

In terms of actual benefits, European companies find greater benefits in outsourcing hardware and lower administration costs, while North American firms benefit most from scalability and speed of deployment. Drivers by region (n=166). Benefits by region (n=164).

Cost-Benefit 98

Cost-Benefit Data-driven Reporting Management 98

Smart Data Collective

AUGUST 11, 2022

Determine the best payment terms for customers. However, you should discuss these terms with the customers and get them to agree with the given conditions. You want to choose payment terms that are fair and reasonable to all parties. However, the cost of the legal action may sometimes outweigh the money owed.

Data Analytics 116

Data Analytics Optimization Analytics Cost-Benefit 116

CIO Business Intelligence

APRIL 4, 2024

There’s a term called indigent defense, but when it comes to criminal courts and long trials, everyone is indigent. Our job is to protect the Sixth Amendment and provide zealous representation to clients who cannot afford a private attorney,” says Al Rawi. No one can access trial lawyers unless you have half a million in the bank.

Digital Transformation 107

Digital Transformation Data Lake ROI Modeling 107

CIO Business Intelligence

MARCH 9, 2023

Recognize the significance of the contract The legal agreement between vendor and customer is not just a document standing in the way of getting work started; it sets the tone for the relationships and the expectations for vendor performance. Here are their top 10 tips. IT sourcing is a team sport,” says Peterson.

Cost-Benefit 111

Cost-Benefit Risk Uncertainty Technology 111

CIO Business Intelligence

OCTOBER 26, 2023

The work we are doing, clear patterns are emerging in terms of the AI enterprise use cases. Generative AI governance, according to Krishna, is a key issue for enterprises that are worried about the legal and data security ramifications of using the new technology to generate results.

Consulting 128

Consulting Software Enterprise Modeling 128

Smart Data Collective

MAY 25, 2023

They should provide clear and easily understandable privacy policies and terms of service to individuals, outlining the purpose of data collection, the types of info collected, and how it will be used and shared. Organizations should be transparent about their data practices, including how data is collected, stored, and used.

Data Collection 84

Data Collection Measurement Data-driven Risk 84

CIO Business Intelligence

DECEMBER 15, 2023

The volume of task management reduction in terms of the end-to-end lifecycle has gone from weeks to days,” she says. Companieh says she and her extensive team are also working on governance to prevent errors, remain in legal compliance, and deploy AI ethically. But the productivity bump has been significantly higher.

Enterprise 102

Enterprise Digital Transformation Marketing Strategy 102

Cloudera

OCTOBER 18, 2023

Although this list is not exhaustive, I’ve provided an at-a-glance aggregate of use cases for quick wins, quicker wins, and longer-term strategies. And by investing in these technologies, companies gain the added benefits of increasing competitive advantage and improving customer experience. Quick wins! Quickest wins!

Cost-Benefit 77

Cost-Benefit Testing Machine Learning Optimization 77

CIO Business Intelligence

AUGUST 30, 2023

The person added, “ In every vendor/client relationship we secure with GenAI providers, we ensure that the terms of the service have explicit language about the data and content we use as input not being folded into the training foundation of the 3rd party service.

Enterprise 130

Enterprise Risk Measurement Software 130

CIO Business Intelligence

NOVEMBER 24, 2023

But we are also realistic and know we have our private cloud for the long term since we can’t develop the way the market is developing,” she says. The next development is called Bundescloud 2.0 and includes, among other things, the upgrade to new private cloud platforms without losing the BSI certification.

IT 91

IT Digital Transformation Interactive Marketing 91

DataRobot

AUGUST 3, 2021

He‘s the co-founder and executive director of CodeX , the Stanford Center for Legal Informatics, and the author of On Legal A I , a pioneering effort to map the territory between AI and the law. And because of the way the term is being used now, it means essentially ‘software.’ It’s a marketing theme.”.

Informatics 52

Informatics Statistics Machine Learning Software 52

Cloudera

NOVEMBER 24, 2023

It also ensures that intellectual property remains within the company, safeguarding against potential legal and security issues. Companies must weigh these costs against the potential long-term benefits and consider their specific circumstances when deciding on their AI strategy.

Cost-Benefit 86

Cost-Benefit Business Objectives Risk Modeling 86

Smart Data Collective

AUGUST 5, 2020

However, should AI fully replace judges and legal officers? So, courtrooms around the US have started to use automated tools with the target to shuffle defendants inside the legal structure as safely as possible. AI can make a few kinds of legal decisions. AI Algorithms to Optimize Judicial Procedures. Why is that so?

Risk 106

Risk Statistics Machine Learning Big Data 106

CIO Business Intelligence

DECEMBER 11, 2023

As AI pilots move toward production, discussions about the need for ethical AI are growing, along with terms like “fairness,” “privacy,” “transparency,” “accountability,” and the big one —”bias.” Organizations must also consider what values guide them, and what obligations they have in terms of retraining, upskilling, and job protection.

Modeling 128

Modeling Risk Strategy Software 128

AWS Big Data

JULY 28, 2023

Organizations must comply with these requests provided that there are no legitimate grounds for retaining the personal data, such as legal obligations or contractual requirements. Legal obligations and exemptions – The right to be forgotten is not absolute and may be subject to legal obligations or exemptions.

Snapshot 81

Snapshot Metadata Measurement Data Warehouse 81

CIO Business Intelligence

FEBRUARY 28, 2024

Among these solutions, artificial intelligence stands out as something integrated in all municipal services, as well as how work methodologies and protocols for the deployment of these systems are defined, and ensuring they’re used in accordance with legal, ethical, and technical standards.

Digital Transformation 98

Digital Transformation Informatics Statistics Technology 98

Decision Management Solutions

JUNE 30, 2023

Yet the very power of the phrase, and the breadth of interest, reveal one of its challenges: The term is too vague to be really useful for planning purposes. All our customers have tremendous interest in AI and ML – artificial intelligence and machine learning – across every industry and in companies of every size. Is AI the same as ML?

Machine Learning 52

Machine Learning Interactive Management IT 52

O'Reilly on Data

JUNE 27, 2023

Ask anyone who’s done content moderation for social media platforms: filtering specific terms will only get you so far, and will also lead to a lot of false positives.) As will your legal team. I emphasize the term “reduce” here. The model is not deterministic.

Risk Management 223

Risk Management Risk Management Modeling 223

CIO Business Intelligence

MAY 10, 2023

Setting and defining key terms A critical step for quality outputs is having data organized in a way that can be properly interpreted by an AI model. The first step in this process is to ensure the right technical and business metadata is in place.

Metadata 98

Metadata Data Governance Modeling Technology 98

CIO Business Intelligence

APRIL 22, 2022

The aim was to use cloud infrastructure in a way that was as legally compliant and data protection compliant as possible. So, it’s currently operating in an uncertain legal space in terms of using data in infrastructures with servers in the us or other countries outside the EU.

Consulting 52

Consulting Strategy Management IT 52

CIO Business Intelligence

JULY 31, 2023

CIOs are going to have to ideate, educate, and execute in a very different way in terms of velocity and viscosity of what the solutions are,” Karamouzis adds. CIOs must stay abreast of evolving regulations and legal frameworks related to AI usage such as the recent European Union’s AI Act,” Goh said.

Strategy 98

Strategy Risk Enterprise Risk Management 98

datapine

MARCH 20, 2019

While you may already know that financial reporting is important (mainly because it’s a legal requirement in most countries), you may not understand its untapped power and potential. Financial reporting and analysis are also legally required for tax purposes. This auditing process is also a legal requirement.

Reporting 248

Reporting Finance Snapshot Dashboards 248