Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Tips for Improving Risk Management When Handling Big Data. Risk management is a crucial element of any successful organization.

Risk Management 70

Risk Management Risk Management Big Data 70

CIO Business Intelligence

JUNE 15, 2023

Despite headlines warning that artificial intelligence poses a profound risk to society , workers are curious, optimistic, and confident about the arrival of AI in the enterprise, and becoming more so with time, according to a recent survey by Boston Consulting Group (BCG). For many, their feelings are based on sound experience.

Management 116

Management Experimentation Optimization Enterprise 116

IBM Big Data Hub

AUGUST 3, 2023

This means companies especially need their software applications to perform optimally because they are often a source of competitive advantage. Organizations cannot risk unnecessary unplanned downtime or increased latencies because an application failed or underperformed. What is application health monitoring?

Measurement 66

Measurement Metrics Risk Software 66

CIO Business Intelligence

DECEMBER 18, 2023

Other fears cover compliance with emerging AI regulations and the risk of models becoming contaminated or biased through adversarial attacks. But with time, CIOs are starting to figure out ways to manage the use of generative AI within the enterprise. Government oversight All the recent innovation has certainly caught the U.S.

Enterprise 119

Enterprise Management Risk Uncertainty 119

CIO Business Intelligence

AUGUST 16, 2023

Today, state-owned Svevia is the country’s largest company in the operation and maintenance of roads and bridges, and manages over 50% of the road network yet, just like in the construction industry, it’s been relatively late to digitization. Since the route optimization came into place, fewer emptyings are required, he notes.

Risk 98

Risk Cost-Benefit Digital Transformation Internet of Things 98

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. From conversing on personal devices (BYODs) to sending documents to the wrong recipient, or using unsecured applications for transfers, the risk for potential leaks is high. Management levels. To reduce this possibility, most employees will need the correct training.

Risk 120

Risk Management Measurement Optimization 120

Cloudera

OCTOBER 20, 2021

As governments gather to push forward climate and renewable energy initiatives aligned with the Paris Agreement and the UN Framework Convention on Climate Change, financial institutions and asset managers will monitor the event with keen interest. What are the key climate risk measurements and impacts? Generate Scenarios.

Risk 78

Risk Modeling Risk Management Measurement 78

CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. That gap is becoming increasingly apparent because of artificial intelligence’s (AI) dependence on effective data management. For many organizations, the real challenge is quantifying the ROI benefits of data management in terms of dollars and cents. The second best time is now.”

Strategy 116

Strategy Management Key Performance Indicator ROI 116

CIO Business Intelligence

DECEMBER 19, 2023

Their steady income stream and relatively low risk compared to equities make them an especially important component of pension and retirement planning. Each type of issuer presents a different level of risk and tax treatment. That should give bond-holders an extra measure of confidence in automation.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

CIO Business Intelligence

FEBRUARY 13, 2023

To make real strides in each of these areas, Value Stream Management (VSM) has emerged as an urgent demand. The findings from this survey are now available in a report entitled “ 2023 Value Stream Management Trends.” With supply chain issues and the impending recession, digital transformation remains a pressing strategic imperative.

Digital Transformation 145

Digital Transformation Management Reporting Data-driven 145

datapine

MARCH 8, 2021

Healthcare reports, or healthcare reporting, are a data-driven means of benchmarking the performance of specific processes or functions within a healthcare institution, with the primary aim of increasing efficiency, reducing errors, and optimizing healthcare metrics. Preventative management. Cutting down unnecessary costs.

Reporting 198

Reporting KPI Management Cost-Benefit 198

IBM Big Data Hub

APRIL 9, 2024

” Watsonx.data lets organizations optimize workloads for different uses. It would be a huge challenge for a human to manage these models, so we use the autoAI feature of watsonx to help us build the right model and pick the best projection.” We also measure response time since this is a near real-time system.

Management 85

Management IT Machine Learning Metrics 85

AWS Big Data

SEPTEMBER 14, 2023

Unaligned checkpoints help, under specific conditions, to reduce checkpointing time for applications suffering temporary backpressure, and can be now enabled in Amazon Managed Service for Apache Flink applications running Apache Flink 1.15.2 This feature has been available since Apache Flink 1.11 and has received many improvements since then.

Snapshot 94

Snapshot Broadcasting Optimization Management 94

datapine

SEPTEMBER 29, 2022

1) What Is Data Quality Management? 5) How Do You Measure Data Quality? However, with all good things comes many challenges and businesses often struggle with managing their information in the correct way. Enters data quality management. What Is Data Quality Management (DQM)? Table of Contents.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Smart Data Collective

FEBRUARY 14, 2023

However, it is important to understand the benefits and risks associated with cloud computing before making the commitment. However, there are some risks associated with using cloud-based software for business purposes. Firstly, there is always the risk of data breaches due to cyber-attacks or human error.

Risk 97

Risk Cost-Benefit Software Technology 97

IBM Big Data Hub

JULY 10, 2023

Vibration analysis—a component of condition monitoring systems—utilizes vibration sensors to measure frequencies in an asset and detect abnormalities that may indicate a problem. Frequency measures the number of oscillations per unit of time, usually expressed in Hertz (Hz). motors, compressors, pumps, etc.)

Optimization 58

Optimization IT Measurement Cost-Benefit 58

CIO Business Intelligence

JULY 17, 2023

Cloud infrastructure is especially sensitive, as many critical applications are at risk, such as customer-facing applications. Its WAAP security platform enables organizations to implement effective security into modern web applications, innovate faster and mitigate risks with its unified, multi-layer approach. Network Security

Management 98

Management Data Processing Risk Digital Transformation 98

IBM Big Data Hub

DECEMBER 12, 2023

Embracing responsible emissions management can transform how organizations impact the health and profitability of their assets. As leaders in asset management operations, you must help your company deliver on the bottom line. Emissions management is pivotal in enabling compliance, as it helps organizations trace and resolve issues.

Management 75

Management Cost-Benefit Optimization Strategy 75

Anmut

MARCH 22, 2023

Data maturity models are frameworks that help you understand how reliable, efficient, and effective your organisation is at managing data. These models place you on a maturity scale that is broken up into stages, often 1 to 5, and as your organisation improves its data management , you progress to the following stage.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

O'Reilly on Data

MARCH 31, 2020

If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). But there’s a host of new challenges when it comes to managing AI projects: more unknowns, non-deterministic outcomes, new infrastructures, new processes and new tools.

Management 332

Management Machine Learning Experimentation Metrics 332

IBM Big Data Hub

FEBRUARY 5, 2024

Though it can deliver many benefits, a migration project poses some risks to an organization and presents a unique set of challenges. Data security and compliance risks There is security risk involved with any transfer of information, including when moving data to and from cloud platforms.

Management 70

Management Cost-Benefit Strategy Risk 70

Smart Data Collective

FEBRUARY 9, 2022

Luckily, there are a few analytics optimization strategies you can use to make life easy on your end. Let’s dive right into how DirectX visualization can boost analytics and facilitate testing for you as an Algo-trader, quant fund manager, etc. For example, the trading duration, volatility and risk involved, among other things.

Visualization 133

Visualization Optimization Analytics Testing 133

CIO Business Intelligence

DECEMBER 12, 2023

But CIOs grapple to reconcile advancing agility and speed with the complexities of managing multicloud and sprawling edge environments built on disparate standards and formats. Multicloud architectures help organizations get access to the right tools, manage their cost profiles, and quickly respond to changing needs.

Management 98

Management Cost-Benefit Software Data-driven 98

IBM Big Data Hub

DECEMBER 14, 2023

To combat these ever-growing risks, the concept of cyber resiliency has gained significant importance. IBM FlashSystem® has bolstered existing tasks like error detection and immutable copies with greater functionality, including error code detection, immutability sections and centralized landscape management.

Risk 85

Risk Measurement Business Objectives Optimization 85

O'Reilly on Data

JUNE 15, 2023

Should we risk loss of control of our civilization?” If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved. Should we automate away all the jobs, including the fulfilling ones?

Metrics 284

Metrics Reporting Measurement Finance 284

CIO Business Intelligence

JUNE 23, 2023

Respondents were asked about their current IT stressors, their approach to modernizing their IT infrastructure, and how they plan to become more efficient and optimized in the years ahead. It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience.

IT 98

IT Risk Management Risk Optimization 98

bridgei2i

APRIL 23, 2020

At least four staff members of (Royal bank of Scotland (RBS) died : the managers of Walton and London Mincing Lane branches, a female clerk at Islington, and a boy clerk at Deptford. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red. Understanding & Managing Risks.

Risk 52

Risk Management Scorecard Forecasting 52

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? To extend the Bake-Off experience to a broader range of vendors, including smaller innovators, we also did a series of Show Floor Showdowns for analytics and BI, data science and machine learning and for data management. Here is the link to Qlik’s BI Bake-Off video.

Optimization 52

Optimization Insurance Machine Learning Risk 52

Smart Data Collective

SEPTEMBER 28, 2022

Businesses are having a difficult time managing this growing array of data, so they need new data management tools. Data management is a growing field, and it’s essential for any business to have a data management solution in place. Big data management increases the reliability of your data.

Big Data 104

Big Data Management Data Quality Cost-Benefit 104

CIO Business Intelligence

MARCH 24, 2023

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.”

Data Governance 142

Data Governance Management Metadata Data Quality 142

Laminar Security

DECEMBER 22, 2023

In the age of cloud computing, data security and cost management are paramount for businesses. Data Security Posture Management (DSPM) serves as a critical tool in this landscape, offering businesses a way to keep their data secure while also managing their cloud storage costs effectively.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

AUGUST 28, 2023

Agile project management definition Agile project management is a methodology used primarily in software development that favors flexibility and collaboration, incorporating customer feedback throughout the project life cycle.

Management 98

Management Software Testing Risk 98

IBM Big Data Hub

JUNE 20, 2023

Whether you’re a small enterprise with only a few assets or a large-scale corporation with offices spanning the globe, asset lifecycle management, or ALM, is a fundamental part of your operations. What is asset lifecycle management? Here’s what you need to know in order to build a successful strategy. What is an asset?

Strategy 76

Strategy Management Cost-Benefit IoT 76

CIO Business Intelligence

FEBRUARY 13, 2023

Six Sigma is a quality management methodology used to help businesses improve current processes, products, or services by discovering and eliminating defects. Six Sigma is specifically designed to help large organizations with quality management. What is Six Sigma? Six Sigma was trademarked by Motorola in 1993.

Management 97

Management Statistics Manufacturing Measurement 97

Jedox

SEPTEMBER 29, 2021

In this blog post, we’ll look at how you connect the dots between Sales Performance Management and xP&A. What is Sales Performance Management? Sales Performance Management (SPM) is a unified approach to analyze, plan, and optimize sales processes withing an organization.

Sales 97

Sales Management Forecasting Risk 97

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. One component of corporate IT that has long been ‘in range’ for cyber criminals that is often overlooked when protection measures are being put in place are multifunction printers – widely used in almost every organisation.

IT 111

IT Measurement Risk Testing 111