CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. Why is this sector at such risk? Manufacturers also face a lack of skilled employees who can manage these converged environments.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105

CIO Business Intelligence

MARCH 12, 2024

When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies. The average cost of a data breach is $4.64

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

NOVEMBER 14, 2023

In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks. 6 IoT vulnerabilities to watch out for Security risks are a significant concern for businesses using LoT and OT technology.

IoT 130

IoT Enterprise Manufacturing Measurement 130

CIO Business Intelligence

MARCH 22, 2022

March 2022. February 2022. Pujari has over 25 years of experience across sectors including BFSI, manufacturing, consulting, publishing, airlines, and healthcare. January 2022. Rakesh Dhanda has joined chemical manufacturer Rossari Biotech as CIO. Write to us if you have news to share. Amit Goel joins Blox as CTO.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

Smart Data Collective

JUNE 23, 2022

Chip shortages, among other components, have fueled a steep increase in car prices, as much as USD$900 above the manufacturer-suggested retail price (MSRP) for non-luxury cars and USD$1,300 above MSRP for luxury ones. . The cars themselves are valuable sources of data, an estimated 25 GB that can help manufacturers understand trends more.

Analytics 121

Analytics Manufacturing Internet of Things Risk 121

CIO Business Intelligence

JANUARY 11, 2024

From December 2014 to January 2022, SAP employed external intermediaries and consultants in these countries who paid bribes to government officials. In September 2022, the SEC fined the database specialist $23 million. The aim was to finalise deals with public sector customers, according to a statement from the SEC.

Manufacturing 110

Manufacturing Software Consulting Risk 110

IBM Big Data Hub

JANUARY 25, 2024

Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. When assets lack criticality and priority assignments, there is a risk of accumulating unnecessary parts that might become obsolete on the shelves. What’s at stake?

Optimization 83

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 83

CIO Business Intelligence

FEBRUARY 10, 2023

billion in 2022, according to a research study published by The Insight Partners in August 2022. from 2022 to 2028. With predictive analytics, organizations can find and exploit patterns contained within data in order to detect risks and opportunities. Financial services: Develop credit risk models.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

CIO Business Intelligence

MAY 15, 2024

It’s difficult to imagine SAP without Hasso Plattner, who’s been there from the beginning and has significantly shaped the fortunes of Europe’s largest software manufacturer for more than five decades as founder, board of directors member, and, most recently, as chairman of the supervisory board.

Finance 116

Finance Software Strategy Manufacturing 116

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. In fact, in a 2022 survey , 73% of consumers said that traceability is important to them. Strategic sourcing can help mitigate some of that stress by reducing potential risks associated with supplier relationships.

Cost-Benefit 88

Cost-Benefit Scorecard Risk Recreation/Entertainment 88

IBM Big Data Hub

OCTOBER 3, 2023

But this growth in digital sales can come with a hefty price tag for retailers and consumer goods businesses: a much greater risk of data breaches. of all studied attacks among the top ten industries in 2022, up from 7.3% In fact, the Threat Intelligence Index found that manufacturing was the most targeted industry overall in 2022.

Manufacturing 90

Manufacturing Sales Reporting Strategy 90

CIO Business Intelligence

APRIL 19, 2023

Against this backdrop of preparation for conflict, a new study by the Center for European Policy Analysis (CEPA) highlights how the world’s reliance on Taiwan’s semiconductor manufacturing capabilities exposes it to critical supply-chain vulnerabilities. Instead, they rely on contract manufacturers known as foundries to make their chips.

IT 52

IT Manufacturing Risk Risk Management 52

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 128

Manufacturing Cost-Benefit Sales Consulting 128

IBM Big Data Hub

FEBRUARY 7, 2024

Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events. Join the IBM Sustainability Community 1 Green transition creates $10.3T

Reporting 101

Reporting Cost-Benefit Internet of Things Data-driven 101

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. Everyone is talking about GenAI. There is a lack of data maturity (integrity, quality, lineage etc.)

Cost-Benefit 110

Cost-Benefit Risk Strategy Manufacturing 110

CIO Business Intelligence

APRIL 20, 2023

Australia and Pakistan have seen communities wrecked by large-scale flooding and continual rain, while in 2022, Europe had its hottest summer on record. CIOs in organizations already with ESG maturity adopt data management, ESG reporting, and risk tools.

Consulting 105

Consulting Cost-Benefit Insurance Finance 105

CIO Business Intelligence

SEPTEMBER 12, 2023

Sectors now subject to NIS2 compliance include food production, processing, and distribution; postal and courier services; and manufacturing and digital providers. [ii] Zero Trust network security offers cybersecurity benefits vs. traditional perimeter-based network security models. European Union.

IoT 97

IoT Measurement Manufacturing Finance 97

CIO Business Intelligence

OCTOBER 18, 2023

OpenAI’s November 2022 announcement of ChatGPT and its subsequent $10 billion in funding from Microsoft were the “shots heard ’round the world” when it comes to the promise of generative AI. And doing so requires taking risks , he says, something he believe IT leaders must embrace to succeed today. “We

Risk 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

JANUARY 9, 2024

ChatGPT caused quite a stir after it launched in late 2022, with people clamoring to put the new tech to the test. After generative AI burst onto the scene, Nicholas Colisto, senior vice president and CIO of multinational manufacturer Avery Dennison, had worked to get his company to embrace its potential. “AI

IT 140

IT Risk Cost-Benefit Enterprise 140

DataRobot Blog

OCTOBER 18, 2022

The DataRobot expo booth at the 2022 conference showcased our AI Cloud platform with industry-specific demonstrations including Anti-Money Laundering for Financial Services , Predictive Maintenance for Manufacturing and Sales Forecasting for Retail. DataRobot Booth at Big Data & AI Toronto 2022.

Big Data 96

Big Data Forecasting Experimentation Metrics 96

IBM Big Data Hub

NOVEMBER 8, 2023

For the first time, the rule establishes additional recordkeeping requirements for any US-based entity that manufactures, processes, packs or holds foods on the Food Traceability List. We saw this happen between Dole and Walmart in 2022 when a particular brand of lettuce—Ocean Mist Farms brand Romaine Hearts—had to be recalled.

Cost-Benefit 117

Cost-Benefit Consulting Risk Reporting 117

CIO Business Intelligence

OCTOBER 31, 2022

These risks, as well as other risks related to the proposed transaction, are included in the registration statement on Form S-4 and proxy statement/prospectus that has been filed with the Securities and Exchange Commission (“SEC”) in connection with the proposed transaction.

Uncertainty 97

Uncertainty Risk Reporting Marketing 97

CIO Business Intelligence

APRIL 7, 2023

between 2021 and 2022, reaching an average tech salary of $111,348 per year, according to the 2023 Dice Tech Salary Report. Phoenix Phoenix is home to the “Silicon Desert,” and it’s quickly becoming a hot spot for the tech industry, with a focus on telecommunications, electronics manufacturing, and aerospace. Salaries increased 2.3%

IT 134

IT Digital Transformation Testing Marketing 134

CIO Business Intelligence

NOVEMBER 23, 2022

The rush to partner with startups can result in relationships that are not aligned to both parties’ interests, leading to significant business-technology risks for a CIO. In the absence of a multistage due diligence process, an enterprise could face third-party risks. It worked hard and delivered the project.”

Risk 128

Risk Consulting Enterprise Technology 128

IBM Big Data Hub

JULY 19, 2023

Yet, it is burdened by long R&D cycles and labor-intensive clinical, manufacturing and compliancy regimens. Manufacturing : Quality control and inspection, operator / lab tech training conversational search through SOP’s, content creation and more. in 10 years, from 2012 to 2022.

Consulting 66

Consulting Machine Learning Manufacturing Optimization 66

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. So, while we may not think of these older systems as relevant in 2022, they in fact are – on the risk side.

IoT 98

IoT Technology Manufacturing Risk 98

CIO Business Intelligence

MAY 23, 2023

These risks, as well as other risks related to the proposed transaction, are included in the registration statement on Form S-4 and proxy statement/prospectus that has been filed with the Securities and Exchange Commission (“SEC”) in connection with the proposed transaction.

Uncertainty 145

Uncertainty Cost-Benefit Risk Technology 145

Andrew White

MAY 21, 2022

Recession in 2022? Check out 7 Risk Areas Every Executive Should Expect and Manage Following the Russian Invasion of Ukraine. Here are team of analysts explore various risks that were triggered or augmented by the Russian invasion of Ukraine. When the market perceives risk, capital seeks the safest investments.

Risk 75

Risk Forecasting Marketing Manufacturing 75

CIO Business Intelligence

JUNE 6, 2022

According to the 2022 CEO survey from the Conference Board , inflation ranks second on the list of issues worrying chief executives, just after the ongoing impact of the COVID-19 pandemic. (In million so far in 2022. Here’s a look at 10 areas where CIOs are feeling the impact of inflation. Economic talk. Demand management.

IT 138

IT Consulting Digital Transformation Risk 138

IBM Big Data Hub

DECEMBER 12, 2023

Emissions can be intentional, such as exhaust gases from a power plant, or they can be unintentional, like pollutants from manufacturing. For example, to help protect the stratospheric ozone and reduce the risks of climate change, the EPA has levied millions of dollars of fines to companies that mismanage emissions under the Clean Air Act.

Management 79

Management Cost-Benefit Optimization Strategy 79

CIO Business Intelligence

JULY 31, 2023

The adoption curve here is by no means gradual, with most enterprise leaders quickly working to harness the technology’s potential mere months after the November 2022 launch of gen AI tool ChatGPT kicked off a wave of enthusiasm (and worry). And buyers most often disagreed that generative AI will expose them to greater risks.

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

MAY 10, 2023

We look at Midea Industrial Internet (MIOT), the recipient of the Future Enterprise of the Year at the IDC Future Enterprise Awards 2022. At the same time, they also increased the inventory turnover of finished products by 125%, paving the way for other enterprises in the manufacturing industry to become the next digital business.

Enterprise 52

Enterprise Digital Transformation Internet of Things B2B 52

datapine

MAY 31, 2022

In fact, the Foundry’s recently published Cloud Computing Study (2022) found that 84% of organizations have at least one application, or a portion of their computing infrastructure already in the cloud. This increases the risks that can arise during the implementation or management process. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

APRIL 22, 2024

L’ultimo Rapporto Clusit ha contato 2.779 incidenti gravi a livello globale nel 2023 (+12% rispetto al 2022), di cui 310 in Italia, ovvero l’11% del totale mondiale e un incremento addirittura del 65% in un anno. Questi requisiti sono suddivisi in tre macroaree: governance, risk management e controllo della catena di fornitura.

Data Lake 105

Data Lake Testing Management IoT 105

CIO Business Intelligence

FEBRUARY 24, 2023

VMware Tanzu Labs partners with organizations worldwide to accelerate the delivery of software and modernize legacy apps, while reducing operating costs and risk working side by side with customers to build capabilities, transfer skills and knowledge, and instill a process that shows immediate and lasting impact.

Software 119

Software Uncertainty Risk Cost-Benefit 119

CIO Business Intelligence

APRIL 15, 2022

From the Russians’ point of view, the fact that Taiwan Semiconductor Manufacturing Company (TSMC) has also joined the ban is likely to weigh even more heavily. Apple: In early March 2022, the iPhone vendor announced that it would suspend all sales of physical products in Russia after the invasion.

IT 105

IT Internet Publishing and Broadcasting Manufacturing Sales 105

CIO Business Intelligence

AUGUST 1, 2023

These risks, as well as other risks related to the proposed transaction, are included in the registration statement on Form S-4 and proxy statement/prospectus that has been filed with the Securities and Exchange Commission (“SEC”) in connection with the proposed transaction.

Uncertainty 97

Uncertainty Risk Sales Marketing 97