Remove 2019 Remove Cost-Benefit Remove Measurement Remove Optimization
article thumbnail

Using AI to Optimize Cybersecurity Apps in the Remote Working Era

Smart Data Collective

One of the biggest benefits of AI is that it has helped streamline many workplace functions. According to the analysis of Cybersecurity Ventures, the yearly cost of cybercrime is expected to reach $10.5 trillion , and ransomware damage costs will reach $20 billion by 2025. Optimizing AI-Driven Cybersecurity Apps.

article thumbnail

Emerging Trends: 4 IRM Market Insights to Aid COVID-19 Business Recovery

John Wheeler

Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery. In 2019, Gartner saw a 36% increase in IRM client inquiry by business leaders. In addition, 73% of the 760 IRM client interactions in 2019 were business leader focused1.

Marketing 110
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

Why Data-Driven Outsourcing Can Be a Massive Win for Your Business

Smart Data Collective

Big data has helped companies identify promising cost-saving measures, recruit the best talent, optimize their marketing strategies and realize many other benefits. However, there are a lot of other benefits of big data that have not gotten as much attention. billion outsourcing tasks in 2019. Here’s why.

article thumbnail

Machine Learning Transforms Life Insurance Beyond the Actuarial Process

Smart Data Collective

The most obvious benefit of AI in the life insurance sector pertains to actuarial analysis. According to a study by Capgemini (2019), 34% of respondents from insurance companies confirm the use of machine learning (AI) in operations. A growing number of AI features are proving to be tremendously beneficial for life insurance companies.

article thumbnail

Google’s Record GDPR Fine: Avoiding This Fate with Data Governance

erwin

Experts predicted an uptick in GDPR enforcement in 2019, and Google’s recent record GDPR fine has brought that to fruition. Cisco’s 2019 Data Privacy Benchmark Study reveals that only 59 percent of organizations are meeting “all or most” of GDPR’s requirements. If it can happen to Google, no organization is safe.

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. For more information on the benefits of the latest version of ITIL, see “ ITIL 4: ITSM gets agile.”.

IT 97
article thumbnail

Combine transactional, streaming, and third-party data on Amazon Redshift for financial services

AWS Big Data

Trade quality and optimization – In order to monitor and optimize trade quality, you need to continually evaluate market characteristics such as volume, direction, market depth, fill rate, and other benchmarks related to the completion of trades. The solution should be scalable, cost-efficient, and straightforward to adopt and operate.