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Want to tackle technical debt? Sell it as business risk

CIO Business Intelligence

That includes maintenance and upgrades deferred in favor of other projects or priorities, which can result in high future costs when those actions can no longer by avoided, often when a solution reaches end-of-life. A recent example is Windows Server 2012, which was sunsetted by Microsoft in October 2023.

Risk 123
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4 hidden risks of your enterprise cloud strategy

CIO Business Intelligence

While cloud risk analysis should be no different than any other third-party risk analysis, many enterprises treat the cloud more gently, taking a less thorough approach. Interrelations between these various partners further complicate the risk equation. That’s where the contract comes into play.

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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

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A Guide To The Methods, Benefits & Problems of The Interpretation of Data

datapine

In fact, a Digital Universe study found that the total data supply in 2012 was 2.8 Now that we have seen how to interpret data, let’s move on and ask ourselves some questions: what are some data interpretation benefits? So… what are a few of the business benefits of digital age data analysis and interpretation?

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5 Benefits Of Machine Learning In Enterprise Electrical Systems

Smart Data Collective

You need to consider the benefits of using an electrical system that relies on machine learning technology. AI can make it much more cost-effective and efficient. E&T Magazine talked about the benefits of using AI in energy. What other risks and inefficiencies are you facing if you procrastinate on upgrading it?

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12 famous ERP disasters, dustups and disappointments

CIO Business Intelligence

While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.” The company was forced to develop new processes to keep information flowing around the business, and hire a third-party consultant to sort out the ERP system at a cost of $3.8 million in implementation costs.

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iGaming Providers Turn To New Data Technology For Payment Solutions

Smart Data Collective

Industry data shows that the real money betting and gambling sector was worth around $417 billion in 2012. If evaluates risk factors to verify identities, prevent fraud and ensure compliance more quickly, so customers can get and deposit money as timely as possible. iGaming accounted for 8% ($33.8 iGaming Evolves with Big Data.