IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 85

Cost-Benefit Scorecard Risk Recreation/Entertainment 85

CIO Business Intelligence

JULY 13, 2022

Metrics that create a narrative and show how the business compares to competitors, the wider industry, and globally against all businesses give a clear picture that allows board members to set strategy. Burgess returns along with Atlassian Chief Trust Officer Adrian Ludwig to examine insider threats and third-party risk.

Strategy 124

Strategy Metrics Risk Risk Management 124

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Better customer satisfaction : An optimized supply chain allows businesses to make sure products are available when and where people want them—which can improve relationships and loyalty with customers.

Strategy 87

Strategy Management Forecasting Cost-Benefit 87

DataRobot Blog

DECEMBER 6, 2022

Taking a Multi-Tiered Approach to Model Risk Management. Understand why organizations need a three-pronged approach to mitigating risk among multiple dimensions of the AI lifecycle and what model risk management means to today’s AI-driven companies. Read the blog. Read the blog. Read the blog.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

Smart Data Collective

SEPTEMBER 17, 2020

Financial and banking industries worldwide are now exploring new and intriguing techniques through which they can smoothly incorporate big data analytics in their systems for optimal results. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations.

Big Data 141

Big Data Finance Risk Management Risk 141

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 addition to enhanced decision-making, flexibility and visibility, analytics engines paired with AI can help manage supplier risk.

Strategy 103

Strategy Technology Cost-Benefit Risk Management 103

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. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Strategy 71

Strategy Cost-Benefit Key Performance Indicator Consulting 71

FineReport

JUNE 7, 2023

This approach is facilitated by project management dashboards, which enable you to monitor, optimize, and enhance project performance while boosting overall team productivity. Additionally, these dashboards provide customized reports that offer a swift overview of project status, simplifying resource optimization and time management.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

CIO Business Intelligence

APRIL 21, 2022

Combining Agile and DevOps with elements such as cloud, testing, security, risk management and compliance creates a modernized technology delivery approach that can help an organization achieve greater speed, reduced risk, and enhanced quality and experience. All hands on deck .

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

FineReport

APRIL 9, 2024

These benefits include enhanced operational efficiency through streamlined processes and optimized resource allocation. By leveraging advanced analytics capabilities, businesses can uncover hidden opportunities and potential risks within their datasets, allowing them to proactively address challenges and capitalize on emerging trends.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

IBM Big Data Hub

JUNE 29, 2023

For example, the sales department might develop a plan to enter new markets or launch new products, while the supply chain department focuses on inventory optimization and ensuring efficient logistics. Optimal resource allocation Integrated Business Planning enables organizations to optimize resource allocation across different functions.

Key Performance Indicator 81

Key Performance Indicator Forecasting Data Integration Sales 81

IBM Big Data Hub

JULY 27, 2023

Risk management : Because EAM offers a comprehensive view of all critical assets, it can be an invaluable tool for identifying potential risks, empowering companies to take preemptive steps to avoid accidents and operational disruptions. It can also significantly increase uptime and lifespan.

Cost-Benefit 59

Cost-Benefit IoT Internet of Things Enterprise 59

FineReport

FEBRUARY 17, 2021

Risk management. Here, project managers should summarize all predicted risks so that stakeholders can obtain a clear risk assessment and prepare plan B. Viewers can track key information such as progress, costs, quality, and risks at a glance. Project Management Dashboard (by FineReport).

Reporting 98

Reporting Management Dashboards Risk 98

CIO Business Intelligence

MARCH 9, 2023

Pricing models and metrics can also be complex, making it difficult to understand when additional costs might kick in, Alexander says. Deals done by IT departments alone provide leading-edge technology but often at high cost and legal risk. “There are an increasing range of technologies and providers.

Cost-Benefit 116

Cost-Benefit Risk Uncertainty Technology 116

Cloudera

AUGUST 25, 2020

One of the key takeaways from recent times that should be considered into the future, is that banks need to rethink how they look at tail risk or extreme events that rarely happen. . This is critically important for predicting risk exposures. In financial services, there are many use cases that are optimal for the ABM approach.

Prescriptive Analytics 70

Prescriptive Analytics Technology Machine Learning Risk 70

Cloudera

JUNE 29, 2023

To ensure the stability of the US financial system, the implementation of advanced liquidity risk models and stress testing using (MI/AI) could potentially serve as a protective measure. To improve the way they model and manage risk, institutions must modernize their data management and data governance practices.

Data Architecture 82

Data Architecture Risk Management Risk Management 82

CIO Business Intelligence

MARCH 13, 2024

Respondents said AI was already showing value when it comes to writing and optimizing code, analyzing security, helping them learn new skills, identify bugs, write tests, create documentation, and more. Artificial Intelligence, CIO, Generative AI, IT Leadership, ROI and Metrics, Software Development

IT 128

IT Consulting Testing Cost-Benefit 128

Sisense

SEPTEMBER 3, 2020

They also put together custom database queries to answer the questions of business users, implement new metrics from existing data, strive to improve data quality, and contribute to correct acquisition of new data. This includes database modeling, metrics definition, dashboard design , and creating and publishing executive reports.

Statistics 97

Statistics Metrics Visualization Finance 97

IBM Big Data Hub

AUGUST 28, 2023

Evaluate the performance of the text-mining models using relevant evaluation metrics and compare your outcomes with ground truth and/or expert judgment. A targeted approach will optimize the user experience and enhance an organization’s ROI.

Data mining 57

Data mining Machine Learning Deep Learning Marketing 57

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management.

Risk 94

Risk Marketing Risk Management Data-driven 94

IBM Big Data Hub

APRIL 4, 2024

Conversely, it has a larger scope than task management, which deals with individual tasks, and project management, which handles one-time initiatives. Business process management examples BPM can help improve overall business operations by optimizing various business processes.

Management 59

Management Cost-Benefit Metrics Consulting 59

CIO Business Intelligence

MARCH 5, 2024

CIOs must also partner with CISOs, legal, human resources, and business leaders to build awareness of policies and develop a generative AI risk management strategy. CIOs may also want to consider each application’s usage, security, and risks to decide which devops teams should experiment with AI copilots.

Cost-Benefit 124

Cost-Benefit Advertising Experimentation Software 124

DataRobot Blog

JULY 21, 2022

Data scientists need to understand the business problem and the project scope to assess feasibility, set expectations, define metrics, and design project blueprints. Outline clear metrics to measure success. Document assumptions and risks to develop a risk management strategy. Define project scope. Download Now.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

IBM Big Data Hub

MARCH 26, 2024

Our clients are improving their ability to measure and track progress against ESG metrics, while concurrently operationalizing sustainability transformation. Data not only provides the quantitative requirements for ESG metrics, but it also provides the visibility to manage the performance of those metrics.

Measurement 66

Measurement Metrics Strategy Reporting 66

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Jet Global

JANUARY 11, 2021

There are obviously some core functions associated with the CFO position, such as producing clear, accurate financial statements, attending to cash flow and the efficient use of working capital , risk management, responsibility for tax and compliance , and ensuring that the necessary internal controls are in place.

Analytics 75

Analytics Key Performance Indicator Finance Risk Management 75

IBM Big Data Hub

DECEMBER 4, 2023

The platform has been used to modernize and unify the information technology (IT) ecosystem of major financial firms, simplify human capital management (HCM) across brands’ subsidiaries, and optimize reporting processes in complex healthcare settings.

Testing 78

Testing Consulting Digital Transformation Cost-Benefit 78

DataRobot Blog

DECEMBER 20, 2022

The use of artificial intelligence (AI) in the investment sector is proving to be a significant disruptor, catalyzing the connection between the different players and delivering a more vivid picture of the future risk and opportunities across all different market segments. Automating and optimizing their investment strategy.

Management 59

Management Machine Learning Optimization Modeling 59

AWS Big Data

JANUARY 31, 2024

Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. LakshmiKanth Mannem is a Product Manager in the Low Latency Group of LSEG. GBits per second.

Marketing 86

Marketing Analytics Visualization Strategy 86

CIO Business Intelligence

JANUARY 26, 2023

Standout features: Broad suite for infrastructure monitoring across multiple clouds Monitoring of real users and simulated users make it easier to deliver a better user experience Densify Densify builds a collection of tools for managing cloud infrastructure by juggling containers and VMware instances.

Management 116

Management Forecasting Dashboards Optimization 116

Grooper

OCTOBER 23, 2019

And sometimes with an almost fiendish desire for optimization. What to expect in this article: How enterprise information management is the surest path for making data a key asset for business growth and innovation. Can you see how information management will transform data into a legitimate asset that fuels enterprise-wide goals?

Metrics 59

Metrics Measurement Strategy Optimization 59

Smart Data Collective

FEBRUARY 20, 2022

Different DAM providers use different approaches to defining the key metrics that influence the cost of an off-the-shelf solution. During this process, you need to analyze your data assets, categorize and prioritize them, conduct a risk assessment, and establish appropriate monitoring and response techniques.

Behavioral Analytics 115

Behavioral Analytics Risk Machine Learning Interactive 115

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. The ability to measure results (risk-reducing evidence). Legal concerns, risk, compliance. Talent crunch for data science and data engineering roles.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Alation

FEBRUARY 8, 2022

Similar to the data-as-a-product approach outlined here, the goal of applying FAIR principles is to optimize the reusability of data. These are valuable systems for enterprise risk management. Alation surfaces domain related key data assets including terms, metrics, data products, and policies to ensure addressability.

Data Governance 52

Data Governance Data-driven Metadata Enterprise 52

datapine

FEBRUARY 22, 2022

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. However, it is possible to identify some potential drawbacks and apply risk management practices in advance. We love that data is moving permanently into the C-Suite. Pursue a phased approach.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

CIO Business Intelligence

APRIL 15, 2024

A smaller number (16% of IT leaders and 11% of LOB) sought out CIO consultation to help evaluate and advise on choices using a risk management or governance lens. Foundry / CIO.com In addition to optimization and innovation work, cyber security remains a top concern.

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130