Remove 2011 Remove Reporting Remove Risk Remove Strategy
article thumbnail

What is Model Risk and Why Does it Matter?

DataRobot Blog

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
article thumbnail

DEI that works: 5 companies reaping the benefits of IT diversity strategies

CIO Business Intelligence

The tech industry has long been known for its lack of diversity and, as a result, there’s been a big push for companies to take DEI strategies seriously. times higher cash flow per employee and three in four job seekers and workers prefer diverse companies, according to data from a 2022 BuiltIn report.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

From 2000 to 2011, the percentage of US adults using the internet had grown from about 60% to nearly 80%. Starting around 2011, advertising, which once framed the organic results and was clearly differentiated from them by color, gradually became more dominant, and the signaling that it was advertising became more subtle. I think not.

article thumbnail

Accelerating sustainability to build stronger businesses

CIO Business Intelligence

A poll of public and private sector leaders in the latest World Economic Forum’s Global Risk Report 2022 found that environment-related threats, including climate action failure and extreme weather events, topped the lists of short and long-term global risks. About the Author: Katrina Rymill Green IT

Strategy 100
article thumbnail

What is ITIL? Your guide to the IT Infrastructure Library

CIO Business Intelligence

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. In 2011, another update — dubbed ITIL 2011 — was published under the Cabinet Office.

IT 105
article thumbnail

What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management. What Is Model Risk?

article thumbnail

Paul Martin: CIOs don’t retire, they go work on boards

CIO Business Intelligence

Two years of pandemic uncertainty and escalating business risk have sharpened the focus of corporate boards on a technology trend once dismissed as just another IT buzzword. My fellow board members look to me to make sure we’re doing the right things in our digital strategy.”. It actually makes me work harder.