CIO Business Intelligence

MARCH 14, 2024

Adopting and scaling AI Some of the NAO’s advice to government could also apply to enterprises, especially those with a similar aversion to risk and change. The NAO found that government bodies had flagged up a range of specific AI risks, including legal liability, the risk of inaccurate output, and security.

Testing 97

Testing Risk Digital Transformation Statistics 97

IBM Big Data Hub

APRIL 15, 2024

It exists because the profits are high while the risks are low. This is a nearly 10% increase in complaints and 22% increase in losses compared to 2022. Far from stopping, cybercrime is constantly increasing. In 2023, the FBI received a record number of 880,418 complaints with potential losses exceeding USD 12.5

Snapshot 99

Snapshot Machine Learning Interactive Statistics 99

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 Consider these questions: Do you have a platform that combines statistical analyses, prescriptive analytics and optimization algorithms?

Optimization 75

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 75

IBM Big Data Hub

JANUARY 25, 2024

The equation looks like this: A further study provided more calculations that refine the statistical definitions of a wise crowd, including ignorance of other members’ predictions and inclusion of those with maximally different (negatively correlated) predictions or judgements. What are the risks for disparate impact?

Predictive Modeling 85

Predictive Modeling Modeling Risk Statistics 85

DataKitchen

JULY 3, 2023

This innovative approach merges the agility of Agile Development, the stability of DevOps, and the meticulousness of Statistical Process Controls, orchestrating a dynamic, enriched, and nimble data ecosystem that is truly remarkable. 22% of data engineers’ time is spent on innovation, but 78% on errors and manual execution (Gartner 2022).

Testing 130

Testing Risk Data-driven Statistics 130

Smart Data Collective

AUGUST 31, 2023

In 2022, 39% of organizations polled reported cyber incidents. Statistics security issues are growing as more businesses shift their information to the cloud. Conduct Rigorous Risk Assessment Organizations must undertake a comprehensive risk assessment before transferring sensitive data and applications to the cloud.

Risk 107

Risk Measurement Strategy Data-driven 107

CIO Business Intelligence

FEBRUARY 23, 2023

Further, CEOs’ top priorities for IT in 2023 are: Strengthening IT and business collaboration Upgrading IT and data security to reduce corporate risk Improving the customer experience IT leaders do not have to compromise. IBM’s annual Data Breach Report revealed that the average data breach cost in 2022 was USD 4.35

Cost-Benefit 89

Cost-Benefit Interactive Statistics Reporting 89

AWS Big Data

JULY 3, 2023

This helps traders determine the potential profitability of a strategy and identify any risks associated with it, enabling them to optimize it for better performance. Backtesting is a process used in quantitative finance to evaluate trading strategies using historical data.

Snapshot 86

Snapshot Data Lake Testing Strategy 86

O'Reilly on Data

NOVEMBER 28, 2023

Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. ChatGPT was opened to the public on November 30, 2022, roughly a year ago; the art generators, such as Stable Diffusion and DALL-E, are somewhat older. Only 4% pointed to lower head counts.

Enterprise 267

Enterprise Modeling Testing Reporting 267

DataRobot Blog

SEPTEMBER 1, 2022

Imagine yourself as a pilot operating aircraft through a thunderstorm; you have all the dashboards and automated systems that inform you about any risks. New DataRobot Large Scale Monitoring allows you to access aggregated prediction statistics. 1 IDC, MLOps – Where ML Meets DevOps, doc #US48544922, March 2022.

Metrics 145

Metrics Statistics Modeling Data Science 145

DataKitchen

OCTOBER 5, 2022

A survey of data engineers conducted by DataKitchen in 2022 revealed some shocking statistics. Why has the company never addressed this kind of risk? There’s a similar risk when teams do not understand the status of development processes and deployments to production. You’re just too busy.

Testing 169

Testing Risk Data Processing Statistics 169

CIO Business Intelligence

DECEMBER 20, 2022

According to FEMA, nearly a quarter of businesses never re-open following a major disaster—a sobering statistic. [i] Ultimately, DRaaS minimizes data loss and downtime, simplifies operations, and reduces risk in a cost-effective, customizable, and scalable way. Unfortunately, many businesses learn this lesson the hard way.

Statistics 81

Statistics Risk Strategy Technology 81

CIO Business Intelligence

NOVEMBER 7, 2023

With 2022 now in our rearview mirror, we still reflect on a time marked by global upheavals, like the Russia – Ukraine war, to the skyrocketing energy prices and global inflation. PAM can help prevent insider threat risks and reduce the potential of credentials becoming compromised.

Measurement 112

Measurement Risk Strategy Statistics 112

Andrew White

JANUARY 9, 2022

On Thursday January 6th I hosted Gartner’s 2022 Leadership Vision for Data and Analytics webinar. Which trends do you see for 2022 in AI & ML technology and tools and tool capabilities? We will publish a new Top Trends for D&A for 2022 in a couple of months. The last item should be updated in 2022.

Analytics 64

Analytics Measurement Modeling Data-driven 64

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. To get past those points, Colisto worked to educate leaders about the capabilities and risks of AI, seeking to move the company from “no to know.” What is our appetite for risk and how do we address it?

IT 117

IT Risk Cost-Benefit Enterprise 117

IBM Big Data Hub

FEBRUARY 15, 2024

Surface temperature statistics paint a compelling picture of the changing climate: 2023, according to the European Union climate monitor Copernicus, was the warmest year on record—nearly 1.5 More than 60,000 people died in European heat waves in 2022. What do global climate change and global warming look like?

Insurance 60

Insurance Risk Strategy Risk Management 60

CIO Business Intelligence

APRIL 27, 2023

1. IT management It’s no surprise that IT executive positions earn some of the highest average salaries, with Dice reporting an average yearly salary of $164,814 in 2022 — an 8.4% The role requires identifying resource requirements, creating and defining project objectives, establishing necessary timelines, and determining potential risks.

IT 109

IT Software Risk Management 109

DataKitchen

OCTOBER 5, 2022

A survey of data engineers conducted by DataKitchen in 2022 revealed some shocking statistics. Why has the company never addressed this kind of risk? There’s a similar risk when teams do not understand the status of development processes and deployments to production. You’re just too busy.

Testing 130

Testing Risk Data Processing Statistics 130

IBM Big Data Hub

OCTOBER 12, 2022

Every week during football season, an estimated 60 million Americans pore over player statistics, point projections, and trade proposals, looking for that elusive insight that will guide their roster decisions and lead them to victory. In just the first week of the 2022 season, users proposed more than 6 million trades via ESPN’s platform.

Unstructured Data 80

Unstructured Data Consulting Statistics Data-driven 80

IBM Big Data Hub

AUGUST 9, 2023

Why phishing simulations are important Recent statistics show phishing threats continue to rise. 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 million phishing sites.

Testing 75

Testing Measurement Behavioral Analytics Reporting 75

Jet Global

MAY 16, 2023

By connecting solutions across the insightsoftware portfolio, organizations can now choose the capabilities they need for effective reporting, controllership, and budgeting and planning, while improving productivity, user experience, and reducing implementation risk. Good things happen when you’re well connected.

Uncertainty 52

Uncertainty Finance Cost-Benefit Reporting 52

IBM Big Data Hub

APRIL 6, 2023

This new regulation applies to any “automated employment tool;” so, any computational process derived from machine learning, statistical modeling, data analytics, or artificial intelligence, including homegrown and third-party programs. A holistic approach to AI governance can help.

Cost-Benefit 56

Cost-Benefit Risk Statistics Machine Learning 56

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

The Unofficial Google Data Science Blog

APRIL 23, 2024

If $Y$ at that point is (statistically and practically) significantly better than our current operating point, and that point is deemed acceptable, we update the system parameters to this better value. And we can keep repeating this approach, relying on intuition and luck.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

CIO Business Intelligence

NOVEMBER 3, 2023

This overall lack of engagement leads to a sense of detachment, increasing the risk that many in your department may quit or completely check-out in their role. Women disproportionately affected by burnout For women, the statistics around burnout are even worse.

IT 124

IT Reporting Uncertainty Cost-Benefit 124

CIO Business Intelligence

NOVEMBER 27, 2023

Cybersecurity risks This one is no surprise, given the scary statistics on the growing number of cyberattacks, the rate of successful attacks, and the increasingly high consequences of being breached. For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023.

IT 110

IT Digital Transformation Reporting Finance 110

CIO Business Intelligence

AUGUST 24, 2023

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. We’re getting bombarded with questions and inquiries from clients and potential clients about the risks of AI.” The risk is too high.” Not without warning signs, however.

Uncertainty 94

Uncertainty Risk Testing Enterprise 94

Smart Data Collective

OCTOBER 16, 2022

billion by the end of 2022 , growing at a rate of 20.4% Single server is the least preferred cloud architecture due to multiple security risks. Make an informed decision based on various cloud architect solutions, market research, and data statistics. Moreover, by 2023, the figure might reach nearly $600 billion. Single server.

Consulting 108

Consulting Software Statistics Manufacturing 108

IBM Big Data Hub

NOVEMBER 28, 2022

The risks of non-compliance – legal penalties, loss of reputation and customer trust – are too big to be ignored. Rather than responding to each challenge individually, a proactive approach to data privacy, protection and risk management is an opportunity for organizations to build customer trust. Regulatory and compliance.

Metadata 56

Metadata Data Quality Data-driven Data Governance 56

AWS Big Data

APRIL 12, 2023

release in January 2022, the optimized Spark runtime was 3.5 No statistics are pre-calculated for these tables. times faster than our first release of 2022, Amazon EMR 6.5. As of the Amazon EMR 6.5 times faster than OSS Spark v3.1.2 with up to 61% lower costs. Amazon EMR 6.10 times faster than Amazon EMR 6.5, cost savings.

Testing 77

Testing Big Data Metadata Optimization 77

datapine

AUGUST 29, 2022

Awarded the “best specialist business book” at the 2022 Business Book Awards, this publication guides readers in discovering how companies are harnessing the power of XR in areas such as retail, restaurants, manufacturing, and overall customer experience. The author, Anil Maheshwari, Ph.D., It was lately revised and updated in January 2016.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

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. Ramsey International Modern Data Platform Architecture.

Data Lake 81

Data Lake Data Architecture Data-driven Data Warehouse 81

IBM Big Data Hub

DECEMBER 20, 2023

Instead of using explicit instructions for performance optimization, ML models rely on algorithms and statistical models that deploy tasks based on data patterns and inferences. Supervised learning is commonly used for risk assessment, image recognition, predictive analytics and fraud detection, and comprises several types of algorithms.

Machine Learning 75

Machine Learning Modeling Deep Learning Predictive Modeling 75

CIO Business Intelligence

AUGUST 30, 2022

Despite an evolving internet penetration rate of 47% in 2020, according to Internet World statistics, the social use of ICTs remains the main cause of digital illiteracy in Africa. But we need to rely on the CISO to take into account risk mapping,” he says. “We With 210 million Sango coins put on sale in July, 12.1

Digital Transformation 98

Digital Transformation Strategy Statistics Consulting 98

Smart Data Collective

DECEMBER 8, 2020

Despite frameworks such as the 2018 GDPR law coming into effect, a recent survey revealed that more than 91% of Americans believe they have lost control over how their personal information is being collected, which is a very telling statistic. What is a VPN, and how does it work?

Big Data 111

Big Data Data-driven Software Statistics 111

O'Reilly on Data

MARCH 23, 2023

ChatGPT, or something built on ChatGPT, or something that’s like ChatGPT, has been in the news almost constantly since ChatGPT was opened to the public in November 2022. What is it, how does it work, what can it do, and what are the risks of using it? And it can look up an author and make statistical observations about their interests.

IT 258

IT Modeling Testing Risk 258

AWS Big Data

JUNE 15, 2023

Because they are looking at populations at risk, they need the flexibility of a line list of cases, stripped of personally identifiable information (PII). With this information, they can assess risk based on a variety of demographic and social factors available in the data sources without divulging PII.

Metadata 92

Metadata Dashboards Risk Statistics 92