CIO Business Intelligence

MARCH 12, 2024

When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT. Following are seven steps to guide this transformation for competitive advantage.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

MAY 13, 2024

It focuses on three core areas of documentation: compliance, risk management, and model lifecycle management — processes IBM says are intertwined. watsonx.governance is a toolkit for governing generative AI and machine learning models.

Risk 121

Risk Machine Learning Modeling Enterprise 121

IBM Big Data Hub

DECEMBER 8, 2023

The only thing left to do is to let the risks play out and monitor them continuously. An organization is always changing and so are business needs; therefore, it’s important that an organization has strong metrics for tracking over time each risk, its category and the corresponding mitigation strategy.

Risk 73

Risk Strategy Risk Management Insurance 73

Cloudera

AUGUST 25, 2020

In part II of the series, we sat down for an interview with Dr. Richard Harmon, Managing Director of Financial Services at Cloudera, to find out more about how the industry is adopting new technology. The post The Role Of Technology In A Changing Financial Services Sector Part II appeared first on Cloudera Blog.

Prescriptive Analytics 70

Prescriptive Analytics Technology Machine Learning Risk 70

CIO Business Intelligence

JUNE 21, 2022

Business practices and priorities shift frequently to accommodate emerging technologies, customer expectations, and product and service delivery demands. Effective governance ensures that the right technology investments are made at the right time to support organizational change and enable successful business outcomes,” she adds.

IT 116

IT Risk Measurement Risk Management 116

IBM Big Data Hub

FEBRUARY 19, 2024

It includes everything from product development and strategic decision-making to information systems and new technologies. To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Because finding the right suppliers can be challenging, some businesses turn to technology to help.

Strategy 87

Strategy Management Forecasting Cost-Benefit 87

CIO Business Intelligence

MARCH 18, 2024

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. There are a lot of risks and a lot of land mines to navigate,” says the analyst.

Risk 133

Risk Cost-Benefit Data Processing Testing 133

CIO Business Intelligence

SEPTEMBER 20, 2023

To do so, CIOs must continuously improve their product management, program management, and delivery capabilities to wow customers and deliver competitive advantages, all while steering clear of surefire DX mistakes such as prioritizing too many initiatives and underinvesting in developing digital trailblazers.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

CIO Business Intelligence

APRIL 21, 2022

Achieving business transformation and agility requires commitment from leadership at the very top of an organization, including C-suite, business and technology leaders. Organizations should upgrade, replace or substitute technology incrementally and as feasible. Learn more about our Technology Consulting Services by visiting us here.

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

IBM Big Data Hub

MARCH 4, 2024

Generative AI (gen AI) introduces transformative innovation to all aspects of a business; from the front to the back office, through ongoing technology modernization, and into new product and service development. As you pinpoint your AI technology, your decision impacts the other domains of AI+ Enterprise Transformation.

Enterprise 105

Enterprise ROI Risk Strategy 105

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

Smart Data Collective

SEPTEMBER 17, 2020

Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations. Big Data can efficiently enhance the ways firms utilize predictive models in the risk management discipline. Big Data provides financial and banking organizations with better risk coverage.

Big Data 141

Big Data Finance Risk Management Risk 141

IBM Big Data Hub

DECEMBER 14, 2023

As enterprises scale infrastructure and systems to manage sensitive data and complex workloads, they must rely more on an ecosystem of partners to help them enhance their security and compliance without impacting performance and resiliency.

Risk 90

Risk Enterprise Digital Transformation Risk Management 90

IBM Big Data Hub

SEPTEMBER 6, 2023

A continuous vulnerability management process helps stop cyberattacks—and soften the blow of those that succeed—by finding and fixing flaws before threat actors can weaponize them. The vulnerability management lifecycle Corporate networks are not static. appeared first on IBM Blog.

Management 107

Management Metrics Risk Reporting 107

CDW Research Hub

MAY 24, 2021

Today’s digital risk and compliance profile requires developing an information security program based on a well-structured plan that includes people, processes and technologies, and focuses on the protection of information and information assets. Develop a security risk management program.

Risk Management 52

Risk Management Risk Unstructured Data Business Objectives 52

IBM Big Data Hub

DECEMBER 13, 2023

A balance of talent, technology, compliance, ethics and sustainability is needed to align procurement activities with corporate objectives. Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations. Be flexible.

Strategy 71

Strategy Cost-Benefit Key Performance Indicator Consulting 71

CIO Business Intelligence

MARCH 24, 2023

While the incentives for ESG are compelling, managing programs and demonstrating success are fraught with challenges. But by adhering to the right standards and using technology to better organize programs, financial firms can gain a clearer vision of their ESG operations and speed up progress toward their goals.

Risk Management 52

Risk Management Consulting Metrics Data Quality 52

Cloudera

OCTOBER 20, 2021

Since then, a further update has been made to the BIS stress testing principles that continues to emphasize the importance of scenarios in better understanding risk. . When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers. Assess Variables.

Risk 78

Risk Modeling Risk Management Measurement 78

O'Reilly on Data

DECEMBER 12, 2019

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. While our analysis of each method may appear technical, we believe that understanding the tools available, and how to use them, is critical for all risk management teams.

Machine Learning 191

Machine Learning Modeling Testing Risk Management 191

IBM Big Data Hub

JUNE 13, 2022

Agile governance approaches are now being used by governments around the world to respond quickly as technology advances and enable innovation in emerging technology areas such as blockchain, autonomous vehicles, and AI [8]. 9] WEF “Regulatory Technology for the 21st Century” report [link]. [10] References. [1] 1] [link]. [2]

Risk 98

Risk Risk Management Data-driven Metrics 98

CIO Business Intelligence

APRIL 11, 2022

Gone are the days of the CIO being a back-office IT cost manager,” declares Chris Scheefer, vice president of intelligent industry at technology services and consulting firm Capgemini Americas. This means becoming more than a mechanism for technology project delivery and management,” he notes. Are you up to the task?

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

IBM Big Data Hub

JULY 27, 2023

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Predictive and preventive maintenance : The advent of IoT and AI technologies has transformed EAM systems into predictive maintenance tools.

Cost-Benefit 59

Cost-Benefit IoT Internet of Things Enterprise 59

CIO Business Intelligence

MARCH 9, 2023

In an IT marketplace marked by turbulence, inflation, and economic uncertainty, the process of contracting with vendors for technology products and services has gotten significantly more challenging for CIOs. What’s more, technology contracts are often multilayered. There are an increasing range of technologies and providers.

Cost-Benefit 116

Cost-Benefit Risk Uncertainty Technology 116

Smart Data Collective

JUNE 3, 2021

Analytics technology is becoming integral to the field of finance. Analytics is particularly important for developing strategic financial management policies. Strategic Financial Management or strategic finance is a process to help a company’s finances. Making better risk assessments. What is Strategic Finance?

Management 90

Management Finance Analytics Analytics Technologies 90

CDW Research Hub

NOVEMBER 27, 2019

Monitor metrics and make necessary adjustments. To maintain your email security program, you must review your metrics and key performance indicators (KPIs) regularly. Learn more about our security and risk management approach here or contact a Sirius representative today. Enable reliable cleanup and automation.

Key Performance Indicator 52

Key Performance Indicator Metrics Risk Management Reporting 52

Sisense

MAY 13, 2021

An analytic application, on the other hand, displays key performance indicators (KPIs) that enable active monitoring of performance, efficiency, or other business metrics and actions. Metrics and visualizations should reveal actionable insights and advise people on what to do next instead of simply being a dump of data.

Reporting 59

Reporting Analytics Dashboards Key Performance Indicator 59

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

IT 111

IT Cost-Benefit Risk Consulting 111

CIO Business Intelligence

MARCH 13, 2024

Even though generative AI is a relatively new technology, it’s now difficult to imagine a world without it, given the impact it’s making, and the business value it can create. We’re seeing a 15 to 20% uplift of productivity across the board,” says Matt Barrington, EY’s Americas emerging technologies leader. for every $1 spent.

IT 128

IT Consulting Testing Cost-Benefit 128

Alation

OCTOBER 26, 2021

The Chief Financial Officer (CFO) 4 is most often the scapegoat for such failures, particularly if they’ve been reluctant to invest in technology to support the wider use of data across the organization. And, by implementing continuous data reviews, finance teams better support compliance and risk management.

Finance 52

Finance Data Transformation Enterprise Metrics 52

IBM Big Data Hub

JUNE 29, 2023

Risk management IBP facilitates proactive risk management by considering various scenarios and identifying potential risks and opportunities. By analyzing data and conducting what-if analyses, companies can develop contingency plans and mitigate risks before they materialize.

Key Performance Indicator 81

Key Performance Indicator Forecasting Data Integration Sales 81

CIO Business Intelligence

JULY 4, 2022

They’re responsible for overseeing projects such as choosing new technology upgrades, finding new plants for manufacturing, and overseeing physical supply chains. . At companies that have both a CAO and a COO, the two often work closely together to develop success metrics and goals for the company.

Manufacturing 98

Manufacturing Finance Reporting Risk Management 98

CIO Business Intelligence

JULY 5, 2022

They’re responsible for overseeing projects such as choosing new technology upgrades, finding new plants for manufacturing, and overseeing physical supply chains. . At companies that have both a CAO and a COO, the two often work closely together to develop success metrics and goals for the company.

Manufacturing 97

Manufacturing Finance Reporting Risk Management 97

AWS Big Data

APRIL 12, 2023

As organizations rapidly adopt and expand their use of digital technologies in their day-to-day work, the number of touchpoints with humans increases. As threat landscapes become increasingly more severe, managing human risk is critical to the success of the security program in any organization.

Dashboards 60

Dashboards Risk Data-driven Visualization 60

CIO Business Intelligence

JANUARY 19, 2024

“It’s a key issue that needs attention, and a CIO can and should set the tone and practices for effective stakeholder management,” says Brett Tucker, an adjunct professor of cyber risk management at Carnegie Mellon University’s Heinz College.

Management 119

Management Consulting Risk Strategy 119

DataRobot

JANUARY 18, 2022

The purpose of these checklists is to avoid complacency and to ensure conscious observation of risk management. AI governance should be proportionate to the risk. But when there is material risk, it helps to list, then consciously investigate these risks. AI impact statements are not always necessary. Conclusion.

Risk Management 52

Risk Management Risk Data-driven Metrics 52

Smart Data Collective

JUNE 24, 2021

One of the biggest implications of data analytics technology in the 21st Century is that it has led to a number of new cybersecurity solutions. There is actually an entire field known as cybersecurity analytics , which as its name implies, uses data analytics technology to create more robust cybersecurity solutions.

Data Analytics 90

Data Analytics Analytics Internet of Things Measurement 90