John Wheeler

AUGUST 28, 2020

Digital risk continues to grow in importance for corporate boards as they recognize the critical nature of digital business transformation today. In fact, in Gartner’s 2020 Board of Directors survey , 67% of respondents stated they view digital as the top business challenge for 2020 and 2021. However, digital risk is different.

Risk 117

Risk Risk Management Internet of Things IoT 117

Smart Data Collective

MARCH 2, 2021

As far as the importance of AI in cybersecurity is concerned, it enables cybersecurity professionals in detecting and resolving numerous security risks residing in corporate networks of different organizations proactively. How is AI transforming cybersecurity in 2021? The post How AI is Transforming Cybersecurity in 2021?

Cost-Benefit 117

Cost-Benefit Risk Software IT 117

CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145

Risk Consulting Machine Learning Data Science 145

Smart Data Collective

MARCH 28, 2021

In 2021, cloud computing infrastructure will dominate the IT space and take over business cloud services. Although there are many benefits of moving to the cloud , this decision is not without its risks. For instance, Azure Digital Twins allows companies to create digital models of environments.

Cost-Benefit 138

Cost-Benefit IoT Internet of Things Data-driven 138

Jet Global

NOVEMBER 19, 2020

This article is part of our multi-part series about the challenges that CFOs face going into 2021. 2020 brought with it a series of events that have increased volatility and risk for most businesses. Let’s look at some of the key risk categories that are often encountered by growing businesses. Credit Risk.

Risk 98

Risk Reporting Enterprise Sales 98

Cloudera

MAY 12, 2021

And it is with this in mind, that we’re delighted to announce that the 2021 Cloudera Data Impact Awards is now open for entries. The 2021 Cloudera Data Impact Award categories aim to recognize organizations that are using Cloudera’s platform and services to unlock the power of data, with massive business and social impact.

Digital Transformation 66

Digital Transformation Machine Learning Optimization Data Lake 66

Cloudera

FEBRUARY 4, 2021

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform.

Risk 88

Risk Marketing Technology Management 88

CIO Business Intelligence

OCTOBER 10, 2022

This model encourages leaders to demonstrate authentic, strong leadership with the idea that employees will be inspired to follow suit. For a deeper look at the transformational leadership model, see “ How to apply transformational leadership at your company.”. Transformational leadership model.

Modeling 145

Modeling Digital Transformation Software Manufacturing 145

Cloudera

FEBRUARY 24, 2021

2021 is going to be the year when the financial services industry reckons with how these changes will play out, impacting business operations, processes, new technologies, and, of course, new regulations. Trend #1: The Crossroads of Risk Management and Emerging Technology.

Risk Management 58

Risk Management Risk Recreation/Entertainment Machine Learning 58

erwin

MAY 2, 2022

How to create a solid foundation for data modeling of OLTP systems. As you undertake a cloud database migration , a best practice is to perform data modeling as the foundation for well-designed OLTP databases. This makes mastering basic data modeling techniques and avoiding common pitfalls imperative. Data modeling basics.

Modeling 98

Modeling Insurance Cost-Benefit Data Warehouse 98

CIO Business Intelligence

JUNE 8, 2023

percent since 2021, according to Dice. Key skills for the role include resource allocation, risk and change management, quality assurance, communication, and leadership and team building. Average salary: US$120,653 Increase since 2021: 15.6% Average salary: US$136,017 Increase since 2021: 14.1%

IT 139

IT Digital Transformation Software Risk 139

CIO Business Intelligence

APRIL 5, 2024

Senate Bill 1047 , introduced in the California State Legislature in February, would require safety testing of AI products before they’re released, and would require AI developers to prevent others from creating derivative models of their products that are used to cause critical harms.

Risk 119

Risk Interactive Insurance Strategy 119

IBM Big Data Hub

MARCH 25, 2024

In 2021, large-scale floods affected the European countries of Austria, Germany, Belgium, the Netherlands and Luxembourg, causing USD 43 billion worth of damage in addition to a tragic loss of life. For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well.

Insurance 92

Insurance Forecasting Risk Risk Management 92

Cloudera

FEBRUARY 25, 2021

In the face of these dueling realities and the broader challenges with global racism , we’re faced with an opportunity to accept the call to action; to become the light, an active advocate for change, for others to model. . The post Black History Month 2021: Be the light appeared first on Cloudera Blog. Accepting the call .

Risk 100

Risk Optimization Modeling IT 100

IBM Big Data Hub

FEBRUARY 20, 2024

Climate models provide answers Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. Global climate models have given climate scientists a set of expectations as to what the future could hold, both for the Earth at large and for specific regions.

Modeling 119

Modeling Forecasting Reporting Risk 119

CIO Business Intelligence

DECEMBER 11, 2023

“This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament. EU was the first region to start working on legislation on AI in 2021.

Risk 115

Risk Testing Insurance Cost-Benefit 115

erwin

AUGUST 15, 2022

For NoSQL, data lakes, and data lake houses—data modeling of both structured and unstructured data is somewhat novel and thorny. As with the part 1 and part 2 of this data modeling blog series, the cloud is not nirvana. Data modeling basics. Data Modeling. So, let’s now begin to data model NoSQL databases.

Data Lake 52

Data Lake Modeling Unstructured Data Data Warehouse 52

CIO Business Intelligence

APRIL 8, 2024

Working with partner Amazon Web Services (AWS), the NFL has developed Digital Athlete, a platform that uses computer vision and ML to predict which players are at the highest risk of injury based on plays and their body positions. The ITF partnered with Microsoft in 2021 to power its match insights platform for the BJK Cup.

Analytics 103

Analytics Broadcasting Predictive Analytics Metrics 103

CDW Research Hub

MAY 28, 2021

Below are 5 data storage trends that are characterizing the storage industry in 2021 and beyond. According to the market overview report by Modor Intelligence , a market intelligence and advisory firm, the enterprise flash storage market is expected to register a CAGR of 13.67% over the forecast period (2021 – 2026).

Optimization 52

Optimization Deep Learning Enterprise Software 52

Domino Data Lab

AUGUST 1, 2021

In this article we cover explainability for black-box models and show how to use different methods from the Skater framework to provide insights into the inner workings of a simple credit scoring neural network model. The interest in interpretation of machine learning has been rapidly accelerating in the last decade. See Ribeiro et al.

Modeling 139

Modeling Deep Learning Machine Learning Knowledge Discovery 139

CIO Business Intelligence

APRIL 27, 2023

increase from 2021. Average salary: US$164,814 Increase since 2021: 8.4% Average salary : US$155,934 Increase from 2021 : n/a 3. Average salary : US$153,354 Increase from 2021 : n/a 4. Average salary: US$151,364 Increase from 2021 : 2.3% Average salary: US$145,512 Increase from 2021: 7.7%

IT 111

IT Software Risk Management 111

Jet Global

NOVEMBER 16, 2020

It helps them to react to small and large market fluctuations in the most cost-effective and strategic manner, modelling ”what-if” situations according to both known and unknown information. The problem is that you will end up with so many different spreadsheets that you lose sight of what you’re trying to model.”.

Forecasting 98

Forecasting Snapshot Finance Recreation/Entertainment 98

O'Reilly on Data

MAY 25, 2021

GPT-3 is essentially an auto-complete bot whose underlying Machine Learning (ML) model has been trained on vast quantities of text available on the Internet. I’d like to share my thoughts on GPT-3 in terms of risks and countermeasures, and discuss real examples of how I have interacted with the model to support my learning journey.

Modeling 346

Modeling Marketing Testing Machine Learning 346

Decision Management Solutions

MARCH 25, 2021

How Decision Modeling Reduces Complexity in Regulated Industries. Organizations in highly regulated industries like healthcare, finance, insurance, and energy are constantly wrestling with how to balance risk and profitability. Decision Modeler, Decision Management Solutions. More about the host: Charlotte DeKeyrel.

Modeling 52

Modeling Data Processing Insurance Finance 52

CIO Business Intelligence

OCTOBER 11, 2023

To overcome these challenges, energy companies are increasingly turning to artificial intelligence (AI), particularly generative AI large language models (LLM). ResearchandMarkets 1 estimates that the energy and power market spent 3.103 billion USD on AI in 2021. Today, over 70% of the U.S. How can AI and generative AI help?

Unstructured Data 135

Unstructured Data Uncertainty Risk Data Processing 135

erwin

JUNE 7, 2022

Accordingly, data modelers must embrace some new tricks when designing data warehouses and data marts. Data modeling for the cloud: good database design means “right size” and savings. Now to cover some data modeling basics that applies no matter whether on-premises or in the cloud. Data Modeling. Business Focus.

Data Warehouse 52

Data Warehouse Modeling Sales Data Lake 52

erwin

SEPTEMBER 5, 2022

As with part 1 , part 2 ,and part 3 of this data modeling blog series, this blog also stresses that the cloud is not nirvana. Data modeling best practices. So, good relational design as covered in part 1 of this data modeling blog series holds true. Are there data modeling tools to assist with such an effort?

Modeling 52

Modeling Cost-Benefit Testing Data-driven 52

John Wheeler

MARCH 5, 2021

Now that we are recovering from the COVID-19 pandemic crisis, our clients are now looking forward to deploy new ways of managing risk. They can no longer look to the past as an exclusive indicator of what risks may lie ahead. Simply put, business leaders need a better way to manage risks.

Risk Management 105

Risk Management Risk Technology Management 105

erwin

APRIL 4, 2022

If you’re a long-time erwin ® Data Modeler by Quest ® customer, you might be asking yourself, “What happened to the release naming convention of erwin Data Modeler?” In 2021 erwin Data Modeler released 2021R1. So, this release of erwin Data Modeler aligns with the release of erwin Data Intelligence 12.0,” he concluded.

Modeling 52

Modeling Data Processing Data-driven Big Data 52

Smart Data Collective

MAY 22, 2022

With AI, the risk score for a device doesn’t depend on individual indicators. Here are a few ways that AI will supercharge your ransomware defense in 2021. Predicting If a Device Is at Risk. Therefore, the risk score is always being adjusted accordingly. It all depends on the risk score.

Data-driven 135

Data-driven Risk Experimentation IT 135

Rocket-Powered Data Science

JUNE 17, 2022

For example, I wrote this in 2021: “Observability emerged as one of the hottest and (for me) most exciting developments of the year. Synthetic monitoring is essentially digital twinning of your network and IT environment, providing insights through simulated risks, attacks, and anomalies via predictive and prescriptive modeling.

Machine Learning 237

Machine Learning Recreation/Entertainment Risk Business Objectives 237

CIO Business Intelligence

OCTOBER 17, 2023

No longer a nebulous, aspirational term equated with the concept “never trust, already verify,” zero trust has evolved into a solid technology framework that enables proactive defense and digital transformation as organizations embrace the cloud and hybrid work models. Today, they’ve realized this approach is inefficient and expensive.

Digital Transformation 141

Digital Transformation B2B IoT Cost-Benefit 141

Smart Data Collective

JULY 16, 2023

billion in 2021 and is expected to be worth over $19 billion in 2030. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management.

ROI 70

ROI Data Analytics Analytics Risk Management 70

CIO Business Intelligence

NOVEMBER 7, 2022

A developing playbook of best practices for data science teams covers the development process and technologies for building and testing machine learning models. CIOs and CDOs should lead ModelOps and oversee the lifecycle Leaders can review and address issues if the data science teams struggle to develop models.

Machine Learning 124

Machine Learning Data Science Experimentation IoT 124

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently.

Risk Management 110

Risk Management Risk Marketing Cost-Benefit 110

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 to bank fraud in 2021 , up 70% from 2020. AI in fintech is here to stay. Customer Support.

Marketing 109

Marketing Technology Insurance Risk 109

Andrew White

JULY 24, 2021

The new set of normals (there may not be a single new normal for some time) organizations will experience going forward, including growth, risk, opportunity and stress, all the same time, triggered a need to re-think how executives and everyone else takes decisions. Synthetic data has a bright future if you think about it.

Forecasting 133

Forecasting Publishing Modeling Risk 133