Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. AI technology is helping with cybersecurity in a myriad of ways. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information. One of the most striking examples is in the field of cybersecurity.

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Technology Risk Measurement IoT 92

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. Best practices, framework and technology have been developed to support this work. GRC is overarching.

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Risk Risk Management Strategy Enterprise 96

CIO Business Intelligence

DECEMBER 19, 2023

So it’s not surprising the recent Bipartisan Infrastructure Law earmarked $91 billion in guaranteed funding for public transportation , with priority areas of public safety, climate, transport equity and investing in new public transportation technology. Learn how technology can help provide passenger safety and security in public transport.

Technology 114

Technology Internet of Things Risk Reporting 114

CIO Business Intelligence

JULY 11, 2022

Smart use of modern network security solutions and practices give CISOs their best chance fight against threats and mitigate risk. . Where current network security measures are falling short. The importance of observability, security intelligence, AI, and ML in a network security strategy.

Risk 85

Risk Technology Measurement Software 85

CIO Business Intelligence

AUGUST 4, 2023

As CIOs and technology leaders, we’re almost always in the role of the technology evangelist, bringing both mainstream and emerging technology into the organization for business benefit. Technology has always been used for positive and negative effect. If reversible, then there’s clearly less risk.

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Risk Risk Management ROI Technology 94

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?

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Digital Transformation Risk Strategy Testing 105

CIO Business Intelligence

OCTOBER 13, 2022

While pandemic-driven digital transformation has enabled the media and entertainment industry to stream awesome content 24/7 – digital technology is also safeguarding visitors, performing artist, and crew at the Eurovision Song Contest by monitoring their Covid-19 exposure levels in real time. So, how does it work?

Risk 91

Risk Broadcasting Measurement Recreation/Entertainment 91

IBM Big Data Hub

MAY 8, 2023

This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI. Risk and limitations of AI The risk associated with the adoption of AI in insurance can be separated broadly into two categories—technological and usage.

Insurance 71

Insurance Risk Testing Data Quality 71

Analytics Vidhya

DECEMBER 20, 2023

This comprehensive strategy mainly aims to measure and forecast potential risks associated with AI development. OpenAI, the renowned artificial intelligence research organization, has recently announced the adoption of its new preparedness framework.

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Forecasting Measurement Strategy Risk 311

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge. Conduct ESG assessments.

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Smart Data Collective

JANUARY 4, 2023

Fortunately, big data and smart technology are helping hospitalists overcome these issues. Here are some fascinating ways data and smart technology are helping hospitalists. Big data and smart technology are helping hospitalists improve billing accuracy in many ways. First, this innovative technology reduces the risk of errors.

Technology 111

Technology Big Data Metrics Data-driven 111

IBM Big Data Hub

AUGUST 3, 2023

Organizations increasingly depend on their technology stack—which comprises the totality of their network interfaces, CPUs, virtual machines, operating system information and installed applications—to deliver consistent service to the end user. Certain applications that are resource-intensive can impact performance elsewhere.

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Measurement Metrics Risk Software 65

Smart Data Collective

AUGUST 30, 2022

The market for cloud technology is booming. Enterprise cloud technology applications are the future industry standard for corporations. Here’s how enterprises use cloud technologies to achieve a competitive advantage in their essential business applications. Companies spent over $405 billion on cloud services last year.

Technology 133

Technology Enterprise Cost-Benefit Testing 133

Decision Management Solutions

APRIL 23, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance”. In that post, I referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question? , Let’s dive into greater detail on the second lever – Manage Risk Better.

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Insurance Risk Technology Management 69

CIO Business Intelligence

JULY 20, 2023

I’ll never forget the look on my first mortgage clients’ faces as they signed for their new home – the joy and relief washing over them in equal measure. Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on. Security and privacy.

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Smart Data Collective

FEBRUARY 14, 2023

Businesses around the world spent over $545 billion on cloud technology last year. However, it is important to understand the benefits and risks associated with cloud computing before making the commitment. We published a post in the past on some of the companies that have benefited from cloud technology.

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Risk Cost-Benefit Software Technology 97

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? Generate Scenarios.

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Risk Modeling Risk Management Measurement 80

Smart Data Collective

FEBRUARY 23, 2023

Data mining technology is one of the most effective ways to do this. Predicting Customer Churn Data mining can be used to predict which customers are at risk of leaving a brand. This information can be used to take proactive measures to retain these customers and improve the brand’s customer retention rate.

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Data mining Optimization Technology Marketing 125

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

IBM Big Data Hub

APRIL 19, 2024

Asset management and technological innovation Advancements in technology underpin the need for holistic grid asset management, making the assets in the grid smarter and equipping the workforce with smart tools. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

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Management Internet of Things Risk IoT 89

Alation

JANUARY 9, 2023

Alation joined with Ortecha , a data management consultancy, to publish a white paper providing insights and guidance to stakeholders and decision-makers charged with implementing or modernising data risk management functions. The Increasing Focus On Data Risk Management. Download the complete white paper now.

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Risk Management Risk Management Metadata 52

Smart Data Collective

AUGUST 9, 2022

The risk of data breaches is rising sharply. Fortunately, new technology can help enhance cybersecurity. Big data technology is becoming more important in the field of cybersecurity. However, Agile technology defies this rule of thumb, especially when developers leverage big data effectively. Expecting the unexpected.

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Big Data Technology Testing Cost-Benefit 111

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 75

Risk Modeling Management Metadata 75

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. We put sensors in the vessels, and with the measurement data we receive, we can see how full they are and plan the routes accordingly,” says Andreas Bäckström, a business developer at Division Drift.

Risk 85

Risk Cost-Benefit Digital Transformation Internet of Things 85

Smart Data Collective

DECEMBER 12, 2022

More companies are investing in cloud technology to jumpstart their growth. Cloud Technology is Driving More Companies Towards Embracing Remote Teams. This helped more organizations realize the potential of utilizing cloud technology. This is where cloud technology will become so important.

Technology 110

Technology Data Processing Management IT 110

Ontotext

APRIL 3, 2024

So, this is a big driver for the outcome because when you are saving money for the business, you can measure it and see its value. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. And, when you get to the top, it’s about risks and existential threats to the business. They are the best.”

Technology 59

Technology Risk Digital Transformation Measurement 59

Anmut

MARCH 22, 2023

A data maturity model helps your company measure its data and business health. Stage 2: Risk While there is a general awareness of the benefits of data governance , roles are poorly understood. Sadly, this lack of senior data ownership means technology investments are often confused with data investments.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

IBM Big Data Hub

AUGUST 1, 2023

Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching? Modern unified endpoint management (UEM) solutions include laptop management.

Risk 57

Risk Management Machine Learning IoT 57

CIO Business Intelligence

APRIL 25, 2024

Of course, there are a multitude of paths businesses can take to achieve this, all afforded by an increased focus on generative AI and leveraging all the technology has to offer. Another viable option is acquiring the technology. We’ll see some building in-house, implementing from third parties, or fostering new partnerships.

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Measurement Risk Data Processing Marketing 74

Smart Data Collective

MAY 15, 2019

Big data has created both positive and negative impacts on digital technology. On the one hand, big data technology has made it easier for companies to serve their customers. On the other hand, big data has created a number of security risks that they need to be aware of, especially with brands leveraging Hadoop technology.

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Big Data Risk Measurement Data mining 92

IBM Big Data Hub

APRIL 15, 2024

Organizations have spent millions developing and implementing cutting-edge technologies to bolster their defenses against such threats, and many already have security awareness campaigns, so why are we failing to stop these attacks? This needs to be coupled with effective metrics to measure progress and demonstrate the value.

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Metrics Measurement Risk Data Processing 93

O'Reilly on Data

FEBRUARY 11, 2019

Highlights and use cases from companies that are building the technologies needed to sustain their use of analytics and machine learning. In this post, I’ll describe some of the core technologies and tools companies are beginning to evaluate and build. Graph technologies and analytics. Foundational data technologies.

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Big Data Technology Machine Learning Deep Learning 209

IBM Big Data Hub

SEPTEMBER 6, 2023

From customized content creation to task automation and data analysis, AI has seemingly endless applications when it comes to marketing, but also some potential risks. Today, AI technologies are being used more widely than ever to generate content, improve customer experiences and deliver more accurate results. What is AI marketing?

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Marketing Technology Advertising ROI 83

Smart Data Collective

JULY 27, 2020

It is the 21 st century, and technology has experienced radical changes making it more seamless to perform tasks. The massive advancement in technology is increasing the rate of real time monitoring, data collection, and data measurement. The technology in your smart locks allows you to open and lock your door using your phone.

Technology 107

Technology Measurement Manufacturing Risk 107

O'Reilly on Data

JUNE 15, 2023

Within two months, ChatGPT had over a hundred million users—faster adoption than any technology in history. 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.

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Metrics Reporting Measurement Finance 283

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

AUGUST 1, 2023

Data collection on tribal languages has been undertaken for decades, but in 2012, those working at the Myaamia Center and the National Breath of Life Archival Institute for Indigenous Languages realized that technology had advanced in a way that could better move the process along. “We This program is not about those things,” says Tepe.

Risk 98

Risk IT Software Digital Transformation 98