Smart Data Collective

FEBRUARY 8, 2022

However, it has also created a lot of risks. You must appreciate the risks of possible data breaches and take appropriate measures to prevent them. One of the ways that you can mitigate the risks of data breaches is by using IP address risk scoring. In the first six months of 2019, over 4.1 The world has changed.

Risk 77

Risk Recreation/Entertainment Measurement Strategy 77

Timo Elliott

MAY 27, 2022

First, data is by default, and by definition, a liability , because it costs money and has risks associated with it. But Gartner is calling for something more sophisticated — for example, what they call Decision Intelligence , where you go beyond just providing information, and actually help reengineer and optimize decision processes.

Data Analytics 123

Data Analytics Analytics Recreation/Entertainment Data Lake 123

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms. And from that group, 71% would pay a premium for it.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

CIO Business Intelligence

MARCH 22, 2022

March 2022. February 2022. January 2022. He brings expertise in developing IT strategy, digital transformation, AI engineering, process optimization and operations. At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. .

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? Are there mitigation strategies that can be implemented successfully that could provide policy guidance and reasons for optimism in the face of ever increasing frequency of extreme weather events? million people at risk of catastrophic, flooding.

Optimization 52

Optimization Insurance Machine Learning Risk 52

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

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. The smart factories that make up Industry 4.0 Join the IBM Sustainability Community 1 Green transition creates $10.3T

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The consortium ran a pilot that provided the government with additional supply chain data for 700,000 consignments.

Testing 93

Testing Modeling Cost-Benefit Consulting 93

CIO Business Intelligence

JUNE 2, 2022

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. in 2022 to $623 billion globally. Gartner highlights AI trend in banking.

Predictive Analytics 145

Predictive Analytics Technology Analytics Machine Learning 145

IBM Big Data Hub

JANUARY 25, 2024

. “For most of the over 6,000 languages in the world, the text data available is not enough to train a large-scale foundation model” (from “ On the Opportunities and Risks of Foundation Models ,” Bommasani et al., We must ask, what is the intent of the model and for whom is it optimized?

Modeling 91

Modeling Predictive Modeling Risk Statistics 91

CIO Business Intelligence

OCTOBER 11, 2023

As a result, utilities can improve uptime for their customers while optimizing operations to keep costs low. AI can help by proactively monitoring operations and flagging when an organization is at risk for non-compliance. AI models can also help evaluate risks, and generative AI can offer suggestions for mitigating those risks.

Unstructured Data 137

Unstructured Data Uncertainty Risk Data Processing 137

CIO Business Intelligence

SEPTEMBER 7, 2023

The second challenge is managing new risks, which stem primarily from the threat of misinformation. Since the consequence of failure is high, the defense industry must strike a deft balance between innovation and risk management. (more about this in my article about accelerating generative AI here ). billion by 2032.

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Risk Management 119

Smart Data Collective

JUNE 23, 2022

Market analysts predict the supply chain to normalize in the third quarter of 2022, which is only a few months away as of this publication. It’s important to know that analytics is integral to every facet of car production, not only in supply chain optimization (more on that later). Risk Management. The Fundamentals.

Analytics 122

Analytics Manufacturing Internet of Things Risk 122

AWS Big Data

MARCH 12, 2024

Our commitment to efficiency is unwavering, and we’ve undertaken an exciting initiative to optimize our batch processing jobs. By early 2022, we successfully migrated our big data workloads to EMR on EC2. Platform-level enhancements – Enhancements at preceding layers can only optimize a given job or a workflow.

Cost-Benefit 90

Cost-Benefit Optimization Big Data Metrics 90

O'Reilly on Data

JUNE 15, 2023

The world changed on November 30, 2022 as surely as it did on August 12, 1908 when the first Model T left the Ford assembly line. Should we risk loss of control of our civilization?” The creators of generative AI systems and Large Language Models already have tools for monitoring, modifying, and optimizing them.

Metrics 284

Metrics Reporting Measurement Finance 284

Smart Data Collective

FEBRUARY 14, 2023

AI Helps with the Rollout of Impressive New Browser-Based Solutions Mobile apps represent a huge market valued at over $200 billion in 2022 and are expected to top $400 billion by 2028. It’s seemingly compulsory for most developers to build mobile versions of their applications or risk losing millions of potential users.

Risk 116

Risk Technology Optimization Machine Learning 116

CIO Business Intelligence

JULY 11, 2022

In fact, according to the 2022 State of the CIO report from Foundry, IT leaders are still finding it a challenge to strike the right balance between business innovation and operational excellence. CEOs top priorities for IT in 2022. No two companies are alike when it comes to connectivity needs.

Management 98

Management Digital Transformation Enterprise Risk 98

CIO Business Intelligence

JUNE 15, 2023

Despite headlines warning that artificial intelligence poses a profound risk to society , workers are curious, optimistic, and confident about the arrival of AI in the enterprise, and becoming more so with time, according to a recent survey by Boston Consulting Group (BCG). For many, their feelings are based on sound experience.

Management 116

Management Experimentation Optimization Enterprise 116

CIO Business Intelligence

NOVEMBER 8, 2023

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. in June, 2022, to 3.7% in June, 2022, to 3.7% If it doesn’t, he considers whether he can save money by adjusting the risk profile for the service, and examines usage patterns for potential savings.

IT 133

IT Cost-Benefit Digital Transformation Software 133

Alation

SEPTEMBER 7, 2021

In this blog we will discuss how Alation helps minimize risk with active data governance. Governance influences how an organization’s objectives are set and achieved, how risk is monitored and addressed, and how performance is optimized. Organizations that run afoul of such laws risk damaging their reputation.

Data Governance 59

Data Governance Risk Data Quality Dashboards 59

CIO Business Intelligence

JANUARY 13, 2023

The report attributes the huge over-expenditure to vendor lock-in and NASA’s unwillingness to risk a license audit by Oracle because of its lack of visibility into software management. These challenges expose the agency to increased costs because of penalties for violations of software licensing agreements, the report showed.

IT 122

IT Software Reporting Risk 122

CIO Business Intelligence

FEBRUARY 22, 2024

Plus, to provide all its businesses with the ability to obtain information in record time, the company has been working with gen AI and LLMs, specifically Azure OpenAI, since December 2022. But AI also poses some challenges and risks when it comes to privacy, security, ethics, transparency, and accountability.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

MAY 9, 2023

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Without, it can create security and compliance risks—and be difficult to maintain. At the same time, innovation and modernization are imperative for business survival.

Cost-Benefit 105

Cost-Benefit Software Digital Transformation Risk 105

CIO Business Intelligence

DECEMBER 8, 2022

The good news is that decision-makers are universally aware of the security risks that proliferate in the absence of these solutions. NTT’s research found that 90% of organizations say they need AIOps, automation & improved analytics to further optimize their network operations. Networking.

Cost-Benefit 128

Cost-Benefit Digital Transformation Strategy Risk 128

CIO Business Intelligence

SEPTEMBER 7, 2023

Nearly 95% of organizations say hybrid work has led them to invest more in data protection and security, according to NTT’s 2022–23 Global Network Report. Adopting Prisma SASE reduces cost and risk while speeding up your digital transformation. But a SASE transformation is not always as straightforward as it seems. The solution?

IT 111

IT Data Lake Cost-Benefit Digital Transformation 111

CIO Business Intelligence

AUGUST 1, 2022

Upgrading IT and data security to reduce corporate risk was the No. 1 CEO priority for respondents to the IDG/Foundry “State of the CIO Study 2022” research , cited by a third of the respondents. The push for elevated cybersecurity protections is also filtering down into storage and data management requirements.

Strategy 98

Strategy Cost-Benefit Risk Management 98

CIO Business Intelligence

SEPTEMBER 14, 2022

IT leaders in EMEA are increasingly leading digital transformation efforts, with 84% of CIOs saying they’re responsible for these efforts, according to the Foundry 2022 State of the CIO study. Yet, there is risk in sidelining these issues and not moving quickly. But significant challenges remain.

IT 97

IT Digital Transformation Cost-Benefit Consulting 97

CIO Business Intelligence

AUGUST 23, 2022

Technology that minimizes operational risk and provides advanced data management and protection that spans the entire edge-to-core continuum. An optimized network planning experience along with scalability and sustainability built-in, and a simple monthly payment with no upfront capital expenditure. Transitioning to Business Value .

Cost-Benefit 105

Cost-Benefit Business Objectives ROI Risk 105

CIO Business Intelligence

FEBRUARY 13, 2023

We run factories and help companies run them and optimize them” and AI is used to optimize everything from getting more throughput to better quality to preventative maintenance, productivity, and cost optimization, Nardecchia says. growth in 2022, according to Gartner. It’s all about uptime and input.

IT 145

IT Insurance Machine Learning Marketing 145

IBM Big Data Hub

DECEMBER 12, 2023

Let’s explore how the IBM® Maximo® Application Suite (MAS) can help you optimize the efficiency of your assets through operational emissions management. To manage these byproducts effectively, focus on optimizing your assets and identifying emerging issues early on. How can MAS help you better manage emissions?

Management 77

Management Cost-Benefit Optimization Strategy 77

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. I think we have a set of tactics. Given that ~$1.3

Digital Transformation 145

Digital Transformation Finance Strategy Consulting 145

CIO Business Intelligence

MAY 16, 2023

It extends and optimizes cloud stacks to dedicated IT environments, so organizations can run workloads where and how they want. Where to start with your multicloud-by-design strategy Multicloud has the potential to help organizations increase innovation, improve resilience and reliability, reduce risk of lock-in and optimize costs.

Strategy 98

Strategy Cost-Benefit Optimization Modeling 98

CIO Business Intelligence

MARCH 27, 2023

That’s from a survey of 566 data and analytics leaders globally that Gartner conducted online from September to November 2022. “It And sometimes, data leaders must be performers: helping to implement data management , data quality, data trust, spending time on data governance , compliance, and risk.

Data-driven 145

Data-driven Data Quality Strategy Reporting 145

DataRobot Blog

JUNE 1, 2022

Join DataRobot and leading organizations June 7 and 8 at DataRobot AI Experience 2022 (AIX) , a unique virtual event that will help you rapidly unlock the power of AI for your most strategic business initiatives. Explore nine great reasons to join DataRobot AIX 2022. AI Success Stories from Global Organizations.

Machine Learning 119

Machine Learning Risk Management Data-driven Risk 119

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

CIO Business Intelligence

OCTOBER 17, 2022

On May 11, 2022, the European Union (EU) reached provisional agreement on the new Digital Operational Resilience Act (DORA). In fact, under DORA, the complexity of the supply chain or the lack of EU presence are both considered risk factors. Financial institutions are accustomed to address risk in the form of capital requirements.

Risk Management 105

Risk Management Risk Enterprise Testing 105

Smart Data Collective

DECEMBER 13, 2021

Here are five marketing strategies you need to use to grow your e-commerce store in 2022. Marketers are using AI to refine their outreach strategies, assess the likelihood that their messages will be flagged as spam or phishing with risk scoring algorithms and ensure compliance with local regulations.

Data-driven 135

Data-driven Marketing Strategy Big Data 135