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 136

Data Strategy Strategy Unstructured Data Data Governance 136

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Take Responsibility for Risk Oversight. Engage in Risk-Monitoring Activities on a Regular and Systematic Basis.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

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 101

Strategy Cost-Benefit Testing Risk 101

CIO Business Intelligence

FEBRUARY 20, 2024

The risks and opportunities of AI AI is opening a new front in this cyberwar. The tool can be put to a broad range of uses, integrating with the Microsoft ecosystem to enable more effective incident response, threat hunting, security reporting, compliance and fraud operations, cybersecurity training, security virtual agents and more.

Risk 122

Risk Insurance Measurement Strategy 122

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 96

Strategy Cost-Benefit Digital Transformation Uncertainty 96

datapine

MARCH 8, 2021

For hospitals, hospices, medical centers, homecare operators, and palliative care professionals looking to improve operational efficiency, producing and working with a healthcare report is the answer. Now, we’re going to consider the importance of reporting in this noblest of industries. What Is Healthcare Reporting?

Reporting 198

Reporting KPI Management Cost-Benefit 198

Smart Data Collective

JUNE 19, 2022

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. Failure or Delay Risk. Failure to deliver goods is one of the most common risks businesses have suffered over the past two years.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

Rocket-Powered Data Science

OCTOBER 16, 2020

While there has been accelerating interest in implementing AI as a technology, there has been concurrent growth in interest in implementing successful AI strategies. 4) Only 26% of respondents reported that AI technologies are being used to replace human labor. You can find and read the full RELX survey report here: [link].

Strategy 198

Strategy Insurance Snapshot Digital Transformation 198

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.

Strategy 111

Strategy ROI IT Cost-Benefit 111

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? Cyberattacks on operational technology (OT) systems are rapidly rising.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105

IBM Big Data Hub

SEPTEMBER 13, 2023

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 As data leaks on the dark web continue to make headlines, organizations face heightened pressure to reinforce their breach containment strategies. million this year.

Risk 105

Risk Management Strategy Measurement 105

CIO Business Intelligence

OCTOBER 12, 2023

You require a strategy for efficient, productive, and responsible corporate use. Although it’s early days, as many as 75% of organizations reported quantified outcomes from GenAI projects, with 26% expecting productivity gains, according to a Dell Technologies survey of IT decision makers. “The These tips will help you get started.

Strategy 127

Strategy Marketing Metrics Technology 127

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.

Data-driven 110

Data-driven Strategy IT Insurance 110

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

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 124

Reporting Enterprise Cost-Benefit Digital Transformation 124

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

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

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

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 123

Marketing Strategy B2B Cost-Benefit 123

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

CIO Business Intelligence

NOVEMBER 15, 2023

This article was co-authored by Ishan Prakash , a Manager at Metis Strategy. Once relegated to a role of support, the function now can inform entire strategies as critically as it does key processes or core products. Such a report has a legacy already, if only a short one. Good question. Let’s start with Performance.

Publishing 124

Publishing Reporting IT Finance 124

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 95

Strategy Data Architecture Cost-Benefit Reporting 95

CIO Business Intelligence

FEBRUARY 24, 2023

Their report focused exclusively on financial cybercrime, including identity theft. To keep ahead of cybercriminals, organizations must remain agile, pivoting to embrace new strategies and technologies whenever necessary in order to outrun attacks. Adapting to an evolving cybercrime landscape Cybercrime is constantly evolving.

Strategy 105

Strategy ROI Consulting Technology 105

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. By encouraging staff to make a report if they suspect a leak or have information relating to the potential misuse of data, can also reduce the risk of leaks occurring.

Risk 120

Risk Management Measurement Optimization 120

IBM Big Data Hub

MAY 18, 2023

This report outlines the combination of traditional decision automation tools with machine learning models and other technologies. As Forrester notes in the report, many organizations are eager to harness the power of AI but also must be cautious of risks.

Reporting 96

Reporting Scorecard Predictive Modeling Machine Learning 96

CIO Business Intelligence

DECEMBER 13, 2022

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. This post summarizes our conversation and describes some strategies we discussed to derive and demonstrate data analytics program value.

Data Analytics 105

Data Analytics Strategy Analytics Metrics 105

Andrew White

JUNE 29, 2023

Stories abound: Deglobalization Reglobalization Friend-shoring Near-shoring De-risking The list of related words is almost endless. The article reports on several investments firms in Japanese using funds to secure critical chip related technology suppliers. Sovereign data strategies will impact almost every business, eventually.

Strategy 52

Strategy Data Strategy Finance Risk 52

CIO Business Intelligence

OCTOBER 24, 2023

An ASM solution can help organizations actively discover, learn about, and respond to unknown risks in all publicly connected systems and exposed services – and this can be the saving grace to avoid a disastrous attack. To address this, attack surface management (ASM) offers a lifeline for organizations to secure their OT systems.

Risk 83

Risk Manufacturing Digital Transformation Management 83

CIO Business Intelligence

SEPTEMBER 17, 2022

More than 70% of US legal departments across enterprises spanning various industry sectors have not made any investment towards digital transformation in the last two years, according to a joint report from The Association of Corporate Counsel (ACC) and legal-technology company Disco.

Digital Transformation 105

Digital Transformation Reporting Cost-Benefit Management 105

Alation

OCTOBER 5, 2021

Answers will differ widely depending upon a business’ industry and strategy for growth. The first step towards a successful data governance strategy is setting appropriate goals and milestones. Yet, so many companies today are still failing miserably in implementing data strategy and governance protocols.

Data Governance 96

Data Governance Strategy Data Quality Metrics 96

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

MAY 16, 2023

In some instances, organizations undertook a thoughtful and planned approach to their multicloud strategies. To truly take advantage of the promise of multicloud, organizations must adopt a multicloud-by-design strategy. There’s another way to approach the challenge of the multicloud operating model.

Strategy 98

Strategy Cost-Benefit Optimization Modeling 98

CIO Business Intelligence

MARCH 6, 2023

According to the report, better serving customers, helping to take advantage of data, and allowing organizations to operate more efficiently were cited as the top benefits of the technology by 87%, 80% and 79% of respondents respectively. However, she also warned that the technology is not without new risks and challenges.

Reporting 105

Reporting IT Risk Technology 105

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. IT Strategy

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

APRIL 24, 2024

The complexity of the software supply chain (SSC) has the potential to expose your organization to greater risk than ever before. Here, you’ll find a high-level synopsis of the report’s key findings and recommendations. You can also check out the full report. Where risk is hiding (and where it’s not).

Software 104

Software Risk Reporting Modeling 104

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? They need to understand;

Risk 78

Risk Modeling Risk Management Measurement 78

Smart Data Collective

NOVEMBER 4, 2021

Cyberattacks have been named one of five top-rated risks in 2020, according to Global Risks Report for both private individuals and businesses. To make matters even more extreme, the report also bluntly states that the detection rates of the attacks in the US are at the miniscule 0.05 %.

Strategy 118

Strategy Snapshot Risk IoT 118