IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 trillion, up from USD 864 billion in 2019 to 2020. Now, consider the just-in-case approach. Results may vary.

Optimization 75

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 75

IBM Big Data Hub

FEBRUARY 5, 2024

billion checks written in 2019, specifically in France, which was responsible for 1.6 Because the majority of check processing exists on legacy infrastructure, new changes might create risks to the entire payments ecosystem. the EU, check volume is still deemed significant, with over 2.1 billion checks processed that year.

Risk 87

Risk Management Reporting Optimization 87

CIO Business Intelligence

OCTOBER 4, 2023

From 2016 to 2022, the company went from processing a payments volume of $354 billion to $1.36 User data is also housed in this layer, including profile, behavior, transactions, and risk. This allows us greater productivity and creativity on the part of developers,” he says. trillion last year.

Digital Transformation 123

Digital Transformation Deep Learning Data Lake Risk 123

CIO Business Intelligence

OCTOBER 23, 2023

In 2022, we were once again an industry leader in this regard. This makes 2022 the fifth consecutive year we’ve achieved greater than 90% renewable energy coverage. In 2022, we made significant progress toward our goal of engaging with top suppliers to set their own SBTs by 2025. We also reduced our own operational emissions.

Metrics 87

Metrics Reporting Strategy Data-driven 87

CIO Business Intelligence

JANUARY 20, 2023

Yet, enabling these amazing patient outcomes through IoT technology brings with it an associated set of security risks to hospitals and patients that are in the news far too often. But ransomware isn’t the only risk. Why Medical IoT Devices Are at Risk There are a number of reasons why medical IoT devices are at risk.

IoT 74

IoT Risk Insurance Machine Learning 74

CIO Business Intelligence

MAY 19, 2022

According to a 2022 survey by law firm Lowenstein Sandler, 92% of investment organizations, from hedge funds and private equity to venture capital, are using alt data to a moderate or significant extent to inform decision making. Respondents also expect their use of alt data to increase through 2022.

Modeling 102

Modeling Data Science Risk Finance 102

Jen Stirrup

MAY 21, 2024

I am joining the webinar as an attendee so I can get out in front of the risks. According to MarketsandMarkets , the global artificial intelligence (AI) market was valued at approximately $87 billion in 2022 and is expected to reach $407 billion by the end of 2027, growing at a compound annual growth rate (CAGR) of around 36.2%

IT 68

IT Measurement Internet of Things Data-driven 68

CIO Business Intelligence

APRIL 1, 2022

Michael Schrage, visiting scholar at the MIT Sloan Initiative on the Digital Economy and author of The Innovator’s Hypothesis: How Cheap Experiments Are Worth More Than Good Ideas , speaking at the MITSMR Connections session on February 9, 2022, lamented, “I don’t think we have strategies. In 2019 Capital One Financial Corp.

Digital Transformation 138

Digital Transformation Finance Strategy Consulting 138

CIO Business Intelligence

JANUARY 3, 2024

As it considers which activities to dispose of, though, Atos must weigh the potential cash infusion against the risks. That is apparently a risk it’s considering. Long-standing CEO Thierry Breton left the company in 2019 to become France’s European Commissioner.

Sales 108

Sales Big Data Digital Transformation Risk 108

CIO Business Intelligence

NOVEMBER 7, 2022

Panorama Consulting Solutions, which regularly surveys businesses on the outcomes of their ERP projects, shows in its 2022 report that 81% of projects met ROI expectations a year or more after go-live. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”

Manufacturing 127

Manufacturing Cost-Benefit Sales Consulting 127

CIO Business Intelligence

MAY 4, 2022

Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost. More specifically, Rasmussen is boosting her spend on cybersecurity to help manage risk, a key element for enabling Ceridian’s planned global expansion.

IT 135

IT Business Driver Reporting Uncertainty 135

DataKitchen

OCTOBER 5, 2022

A 2019 DataKitchen/Eckerson survey found that 79% of companies have more than three data-related errors in their pipelines per month. A survey of data engineers conducted by DataKitchen in 2022 revealed some shocking statistics. Why has the company never addressed this kind of risk? Crisis happens, errors are inevitable.

Testing 169

Testing Risk Data Processing Statistics 169

CIO Business Intelligence

OCTOBER 20, 2023

Allstate’s Jeevanjee credits the company’s top brass for grasping the importance of aligning its IT infrastructure with new business processes, which had to be rearchitected to maximize the rewards and minimize the risks of its switch to digital business. And it has all been undertaken with a cloud-first approach. “It

Digital Transformation 135

Digital Transformation Insurance Recreation/Entertainment Machine Learning 135

DataKitchen

OCTOBER 5, 2022

A 2019 DataKitchen/Eckerson survey found that 79% of companies have more than three data-related errors in their pipelines per month. A survey of data engineers conducted by DataKitchen in 2022 revealed some shocking statistics. Why has the company never addressed this kind of risk? Crisis happens, errors are inevitable.

Testing 130

Testing Risk Data Processing Statistics 130

IBM Big Data Hub

AUGUST 9, 2023

Since 2019, the number of phishing attacks has grown by 150% percent per year— with the Anti-Phishing Working Group (APWG) reporting an all-time high for phishing in 2022 , logging more than 4.7 According to Proofpoint, 84% of organizations in 2022 experienced at least one successful phishing attack.

Testing 75

Testing Measurement Behavioral Analytics Reporting 75

CIO Business Intelligence

JULY 25, 2022

Some of these paper-based notes were at risk of becoming unreadable or even lost in bad weather. To realize that plan, PORR formed an Industry Consortium, which, in 2019, began holding design thinking workshops to consider a variety of perspectives, including those of architects, foremen, dispatchers, construction clerks, and truck drivers.

Manufacturing 89

Manufacturing Digital Transformation Finance Risk 89

CIO Business Intelligence

MARCH 15, 2023

They increased 23% from 2021 to 2022. In 2022, that number jumped to 43%. And they are becoming more frequent, increasing 65% between 2019 and 2021. For more tips—five more in fact—on how to reduce the risk of cyberattacks and ensure that when attacks occur, they can be contained quickly and efficiently, check out this eBook.

Strategy 74

Strategy Management Software Risk 74

IBM Big Data Hub

APRIL 12, 2022

Mitigating risk. From 2019 to 2021, our GCDO successfully aligned our data strategy to top-line growth with a strong focus on revenue. This year – 2022 – we are on track to increase our contribution by 150%. 2022 and the future of IBM data strategy investments . IBM’s data strategy aligns to revenue growth in 2021.

Data Strategy 77

Data Strategy Strategy Enterprise Data-driven 77

CIO Business Intelligence

MARCH 9, 2022

However, in 2022, some of the most noteworthy technology-driven transformations will be rooted in the past, rather than the future. As of mid-2019, there were 80 million active 3G devices in use across North America, most of which being IoT devices operating on the networks of national carriers.

IoT 82

IoT Technology Manufacturing Risk 82

Jet Global

APRIL 27, 2023

Tax teams of multinational enterprises (MNEs) in the manufacturing industry face increasing challenges to manage business and market risks effectively. For your tax team to be agile, you’ll need to optimize tax technology and processes so you can both spot data insights and mitigate risk.

Manufacturing 52

Manufacturing Marketing Experimentation Reporting 52

Smart Data Collective

MAY 10, 2022

For example, banks now apply AI to assess credit risks with high accuracy. They include; Credit risk assessment. Credit risk assessment entails estimating the probability of a prospective borrower failing to repay a loan. billion in 2019 to $38 billion in 2026. from 2022 to 2027. AI in fintech is here to stay.

Marketing 109

Marketing Technology Insurance Machine Learning 109

Cloudera

DECEMBER 11, 2020

That compares to only 36 percent of customer interactions as of December 2019, which was before the pandemic impacted business, and only 20 percent in May 2018. Insurance and finance are two industries that rely on measuring risk with historical data models. Data Variety. What if 2020 is an anomaly?

Insurance 94

Insurance Digital Transformation Unstructured Data Machine Learning 94

Cloudera

MARCH 3, 2022

In 2019, the U.K.’s Data analytics and machine learning can become a business and a compliance risk if data security, governance, lineage, metadata management, and automation are not holistically applied across the entire data lifecycle and all environments. Everyone Fails Data Governance. From Bad to Worse.

Data Governance 98

Data Governance Enterprise Data Quality Metadata 98

IBM Big Data Hub

JUNE 15, 2023

An IBM partner since 2013, Denmark-based Anycloud has been awarded Cloud Partner of the Year 2017, Technology Service Provider of the Year 2019, and Business Partner of the Year and Business Partner Excellence Award – Europe 2022.

Recreation/Entertainment 65

Recreation/Entertainment Sales Management Risk 65

CIO Business Intelligence

APRIL 15, 2022

According to CIO’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year. The patients who were lying down were much more likely to be seriously ill, so the algorithm learned to identify COVID risk based on the position of the person in the scan.

Analytics 144

Analytics Machine Learning Insurance Testing 144

CIO Business Intelligence

NOVEMBER 29, 2023

Prepping for success By focusing on training and certifying learners in valuable, in-demand skills, Per Scholas aims to be a “pathway to a thriving wage,” says Wayne Wilson, director of business solutions at the nonprofit, who graduated from Per Scholas’ software engineering program in 2019 before going on to work for the organization.

IT 100

IT Software Technology Cost-Benefit 100

CIO Business Intelligence

JUNE 14, 2022

Myers, who has a degree in law and IT from Queensland University of Technology and an Executive Master of Public Health from Columbia, credits a 2019 return to school, this time to Carnegie Mellon, to obtain a CISO certification for sparking her desire to overhaul Mount Sinai’s approach to cybersecurity. “It It was six months.

Finance 92

Finance Technology Management Risk 92

Smart Data Collective

JUNE 27, 2022

According to EasyVista , more than 70% of companies worldwide will have invested in digital technologies in 2022, which will increase in the coming years. In fact, according to Gartner , it is expected that business owners will spend $750 million on investing in ineffective features of IT tools, up from $600 million in 2019.

Data-driven 107

Data-driven Management IT Big Data 107

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL 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. As of 2023, ITIL 4 has been fully rolled out and Axelos announced the discontinuation of ITIL 3 at the start of 2022.

Cost-Benefit 97

Cost-Benefit Strategy Management Uncertainty 97

Ontotext

DECEMBER 30, 2022

Those are bold plans, because in 2022 we received recognition for what we’ve achieved through investment to help us expand, accelerate growth and engage the market with the technology we’ve been developing for 20 years. 2022 was very exciting on the core technical side as well. The next 3 years: World domination!

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

IBM Big Data Hub

JULY 19, 2023

Supply Chain: Demand forecasting, supply chain optimization, risk assessment and mitigation. At re:Invent 2022, IBM Consulting was awarded the Global Innovation Partner of the Year and the GSI Partner of the Year for Latin America , cementing client and AWS trust in IBM Consulting as a partner of choice when it comes to AWS.

Consulting 60

Consulting Machine Learning Manufacturing Optimization 60

CIO Business Intelligence

MARCH 10, 2022

Well before BizTalk 2016’s retirement, Microsoft announced that its successor, BizTalk 2020, would be released mid-2019, and BizTalk 2016’s end-of-life date (well, month) would be November 2022. Compare that to a company that relied on BizTalk 2016 as its application integration platform.

Management 104

Management Testing Technology Risk 104

CIO Business Intelligence

JANUARY 23, 2023

In July 2019 it became OpenAI’s exclusive cloud provider and invested $1 billion in the company to support its quest to create “artificial general intelligence.” And, of course, they can check out ChatGPT, the interactive text generator that has been making waves since its release in November 2022.

Enterprise 130

Enterprise Deep Learning Recreation/Entertainment Interactive 130

CIO Business Intelligence

APRIL 12, 2022

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson. Precisely buys PlaceIQ.

Technology 142

Technology Enterprise Consulting Software 142

Cloudera

SEPTEMBER 15, 2022

The gathering in 2022 marked the sixteenth year for top data and analytics professionals to come to the MIT campus to explore current and future trends. In June 2022, Barr Moses of Monte Carlo expanded on her initial article defining data observability. What is a data mesh? How does it compare to data fabric?

Data Lake 81

Data Lake Data Architecture Data-driven Data Warehouse 81

Ontotext

DECEMBER 30, 2022

Those are bold plans, because in 2022 we received recognition for what we’ve achieved through investment to help us expand, accelerate growth and engage the market with the technology we’ve been developing for 20 years. 2022 was very exciting on the technical side as well. The next 3 years: World domination!

Enterprise 52

Enterprise Sales Cost-Benefit Marketing 52

Alation

AUGUST 24, 2021

According to Gartner, “through 2022, more than 50% of data migration initiatives will exceed their budget and timeline — and potentially harm the business — because of flawed strategy and execution.” (1). So when they migrate, they risk a partial migration that lacks visibility. Reduce potential risk while migrating data.

Risk 52

Risk Cost-Benefit Data-driven Strategy 52