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.

Risk 113

Risk Risk Management Strategy Enterprise 113

IBM Big Data Hub

SEPTEMBER 13, 2023

An effective attack surface management (ASM) solution can change this. According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 They can achieve this by actively managing and reducing their attack surface. million this year.

Risk 95

Risk Management Strategy Measurement 95

CIO Business Intelligence

APRIL 16, 2024

According to the 2023 LinkedIn report Skills-First: Reimagining the Labor Market and Breaking Down Barriers , more than 45% of hirers on LinkedIn explicitly used skills data to fill roles, up 12% year over year. Some researchers and tech leaders are using the strategy. The strategy moves away, to varying degrees, from using job titles.

Strategy 131

Strategy Reporting Management Marketing 131

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 135

Data Strategy Strategy Unstructured Data Data Governance 135

CIO Business Intelligence

FEBRUARY 20, 2024

The risks and opportunities of AI AI is opening a new front in this cyberwar. This approach uses Microsoft’s new generative AI security assistant, Security Copilot , to help detect threats, manage incidents, and improve organisations’ security posture. Are you ready to put AI at the heart of your data protection strategy?

Risk 120

Risk Insurance Measurement Strategy 120

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 91

Strategy Cost-Benefit Testing Risk 91

IBM Big Data Hub

APRIL 19, 2024

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. Asset performance management (APM) processes, such as risk-based and predictive maintenance and asset investment planning (AIP), enable health monitoring technologies.

Management 87

Management Internet of Things Risk IoT 87

Smart Data Collective

JUNE 19, 2022

Companies are using AI to better understand their customers, recognize ways to manage finances more efficiently and tackle other issues. Since AI has proven to be so valuable, an estimated 37% of companies report using it. AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

IBM Big Data Hub

SEPTEMBER 6, 2023

Organizations rely on the vulnerability management process to head off these cyberthreats before they strike. The vulnerability management process is a continuous process for discovering, prioritizing, and resolving security vulnerabilities across an organization’s IT infrastructure.

Management 99

Management Metrics Risk Reporting 99

Jet Global

MARCH 6, 2024

. – March 6, 2024 – insightsoftware , the most comprehensive provider of solutions for the Office of the CFO, today announced it has been named a winner for Financial Consolidation, Close Management, and Financial Reporting in the 2023 Technology Innovation Awards by Dresner Advisory Services.

Reporting 59

Reporting Technology Management Finance 59

CIO Business Intelligence

JANUARY 19, 2024

Stakeholder management is vital to project success. Many project managers struggle to implement effective stakeholder management, despite its importance. IT can’t be successful without good stakeholder coordination and management,” says Barry Brunsman, a principal in advisory at KPMG, a professional services firm.

Management 117

Management Consulting Risk Strategy 117

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 86

Strategy Cost-Benefit Digital Transformation Uncertainty 86

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 109

Strategy ROI IT Cost-Benefit 109

IBM Big Data Hub

AUGUST 1, 2023

In this day and age, it’s critical that organizations know about and manage all apps installed on their endpoints. Using multiple platforms to discover apps and manage laptops and mobile devices negatively impacts the IT and security team’s efficiency and productivity in continuous application patching.

Risk 54

Risk Management Machine Learning IoT 54

CIO Business Intelligence

NOVEMBER 22, 2022

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Here’s a quick rundown of seven major trends that will likely reshape your organization’s current data strategy in the days and months ahead.

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode.

Strategy 98

Strategy Risk Enterprise Risk Management 98

IBM Big Data Hub

MAY 31, 2024

But the rates of exploration of AI use cases and deployment of new AI-powered tools have been slower in the public sector because of potential risks. Driving innovation for tax agencies with trust in mind Tax or revenue management agencies are a part of the public sector that might likely benefit from the use of responsible AI tools.

Cost-Benefit 93

Cost-Benefit Risk Risk Management Reporting 93

CIO Business Intelligence

MARCH 4, 2024

Ever-shifting domain-level business logic and architectures add to the workload of overwhelmed central data teams, which results in difficult, misaligned metric reporting and declining data reliability. Stakeholders are currently waging an open debate across the industry of centralization versus federated data strategies.

Insurance 98

Insurance Strategy Data Governance Data Integration 98

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. Technical Debt Tug-of-War.

Data-driven 108

Data-driven Strategy IT Insurance 108

CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. Why is this sector at such risk? Manufacturers also face a lack of skilled employees who can manage these converged environments.

Technology 104

Technology Strategy Manufacturing Digital Transformation 104

CIO Business Intelligence

FEBRUARY 27, 2024

Business needs first, then the lifecycle management program Your infrastructure lifecycle management program should be aligned with your organization’s growth roadmap. Then, you should link your infrastructure adoption and governance strategy to specific business outcomes. The same principle applies to infrastructure.

Technology 104

Technology Management Manufacturing Cost-Benefit 104

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

Sisense

JANUARY 7, 2022

As businesses adapt to the pandemic and shift to new norms, risk mitigation strategies have become as normal and ubiquitous as having a fire escape in the office. Smarter, AI-driven learning and development initiatives will help mitigate risk in our rapidly evolving world. Minimising risk by ‘infusing’ AI.

Risk Management 52

Risk Management Risk Management Dashboards 52

IBM Big Data Hub

JANUARY 26, 2024

Vegetation management aims to mitigate these risks. But what exactly does vegetation management mean? In this blog, we’ll explore the importance of vegetation management, its impact on multiple industries, the challenges it presents and how technology can streamline this manual and laborious process.

Management 63

Management Risk Data-driven Reporting 63

CDW Research Hub

DECEMBER 8, 2021

Unfortunately, the holidays can also bring an increased risk of data breaches. That’s a 62% increase in reported incidents and a 20% increase in reported losses compared to 2020. The post Holiday Strategy for Ransomware Recovery appeared first on Sirius Computer Solutions. million in losses.

Strategy 88

Strategy Risk Consulting Data Governance 88

John Wheeler

AUGUST 19, 2019

Gartner’s “Hype Cycle for Risk Management, 2019” report was published almost a month ago and reader response has been overwhelmingly positive. In this year’s report, we highlight the need for a “PRACtical” view of risk management technologies to fuel digital business growth.

Risk Management 73

Risk Management Risk Technology Management 73

CIO Business Intelligence

AUGUST 5, 2022

A vast majority of enterprises globally are overspending in the cloud, according to a new HashiCorp-Forrester report. The report showed that a majority of enterprises surveyed were already using multicloud infrastructures. Further, the report said that 90% of respondents claimed a multicloud strategy is working for their enterprises.

Reporting 123

Reporting Enterprise Cost-Benefit Digital Transformation 123

CIO Business Intelligence

DECEMBER 5, 2022

What is project management? Project management is a business discipline that involves applying specific processes, knowledge, skills, techniques, and tools to successfully deliver outcomes that meet project goals. Project management steps Project management is broken down into five phases or life cycle.

Management 134

Management Cost-Benefit Key Performance Indicator Software 134

CIO Business Intelligence

JULY 15, 2022

What is vendor management? Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security.

Management 120

Management Cost-Benefit Risk Software 120

CIO Business Intelligence

OCTOBER 12, 2023

To thrive, project managers need to have and hone a complex combination of technical, business, and interpersonal skills. Effective project managers must know how to define the scope of a project , identify necessary resources, and schedule those resources — all part of the technical aspect of the job.

Management 136

Management Uncertainty Consulting Risk 136

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 86

Strategy Data Architecture Cost-Benefit Reporting 86

IBM Big Data Hub

SEPTEMBER 6, 2023

In a May 2023 survey carried out by IBM and Momentive.ai , 67% of CMOs reported that they plan on implementing generative AI in the next 12 months and 86% plan to do so within 24 months. With the right generative AI strategy, marketers can mitigate these concerns. The journey starts with sound data.

Marketing 114

Marketing Strategy B2B Cost-Benefit 114

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.” We’ll offer critical insights from this report in the following sections. #1. Digital Transformation

Digital Transformation 145

Digital Transformation Management Reporting Data-driven 145

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. For this reason, it’s highly important to implement the correct strategies to minimize any potential breaches. Management levels. Whilst this works to a certain extent, it also opens up the potential for leaks to stem from management itself. Practising good CSR.

Risk 120

Risk Management Measurement Optimization 120

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. Improve Enterprise Architecture with EAMS.

Enterprise 85

Enterprise Reporting Management ROI 85

CIO Business Intelligence

JUNE 26, 2023

What is a project manager? Project managers play the lead role in planning, executing, monitoring, controlling, and closing out projects. To succeed in their role, project managers must be adept at coordinating resources, managing budgets, measuring and tracking project progress, and communicating with team members and stakeholders.

Management 104

Management Risk Insurance Business Objectives 104

CIO Business Intelligence

DECEMBER 13, 2022

The discussion focused mostly on data management issues and opportunities around “supply” — its quality, ownership, access, and other matters. Our participants report encountering the view that data analytics programs don’t justify the effort to implement and operate them — even as companies spend more on big data and analytics every year.

Data Analytics 104

Data Analytics Strategy Analytics Metrics 104