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4 IT Management Best Practices Data-Driven Businesses Must Practice

Smart Data Collective

Data-driven businesses are far more successful than companies that don’t utilize data to their advantage. Unfortunately, they often find that managing their data effectively can be a challenge. Companies that rely on big data need a reliable IT department. Keep reading to learn how to do this.

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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. What is a model?

Risk 111
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Where’s the ROI for AI? CIOs struggle to find it

CIO Business Intelligence

While Kane shows clients how to save time and money using AI tools like Microsoft Copilot, many SMB customers still don’t see the value of generative AI in tasks like writing a newsletter, when the AI doesn’t have access to their internal data. CNH first unveiled an autonomous tractor concept in 2016.

ROI 143
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Cropin’s agriculture industry cloud to provide apps, data frameworks

CIO Business Intelligence

Dubbed Cropin Cloud, the suite comes with the ability to ingest and process data, run machine learning models for quick analysis and decision making, and several applications specific to the industry’s needs. The suite, according to the company, consists of three layers: Cropin Apps, the Cropin Data Hub and Cropin Intelligence.

B2B 105
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insightsoftware Acquires Vizlib, Extending Write-Back to Qlik Users

Jet Global

It also complements insightsoftware’s previous acquisition of Power ON , and extends write-back : the ability to update source data in enterprise databases directly onto the Qlik platform. The rate at which the world’s finance, operations, and business leaders must analyze complex, robust data continues to increase at a rapid pace.

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Online Traders Need to Take the Threats of Data Breaches Seriously

Smart Data Collective

Data breaches in the financial sector have become a major concern for businesses and consumers alike. With the increasing reliance on digital transactions and data storage, it has become more important than ever for financial institutions to ensure that their data is secure.

Risk 77
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What Are State-Sponsored Cyber Attacks and Do They Use AI?

Smart Data Collective

You can find numerous examples of this, such as the hacking attempts that it conducted against the United States during the 2016 Presidential Election. The Indian government has also engaged in AI-driven hacking attempts through the use of Pegasus software against journalists. Russia isn’t alone in sponsoring cyber attacks.