IBM Big Data Hub

AUGUST 18, 2023

The need for a strong cyber-resilience strategy According to the IBM Cost of Data Breach Report 2023 , the global average cost of data breach was $4.45M. the average cost of a data breach was at its highest, reaching $9.48M. In the U.S., Understand the Digital Operational Resilience Act (DORA).

Cost-Benefit 75

Cost-Benefit Testing Strategy Risk Management 75

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Or, as one of our customers put it, “How do I increase the total amount of team insight generated without continually adding more staff (and cost)?” Staff turnover, stress, and unhappiness. Summary: 10x your data engineering game.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

Laminar Security

DECEMBER 1, 2023

According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24 Laminar’s State of Cloud Data Security Report 2023 revealed that three out of four respondents acknowledged that their cloud environments were breached in the previous year. million, the highest it’s been in 17 years.

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

Cloudera

OCTOBER 30, 2023

The public cloud is increasingly becoming the preferred platform to host data analytics – related projects, such as business intelligence, machine learning (ML), and AI applications. The main challenges are pointed out as a lack of resources/expertise, security, and from a different perspective, cloud cost management. Why FinOps?

Analytics 79

Analytics Cost-Benefit ROI Business Objectives 79

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion in economic benefits by 2030. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 89

Reporting Internet of Things Cost-Benefit Data-driven 89

IBM Big Data Hub

FEBRUARY 6, 2024

For example, a recent Kyndril study (link resides outside ibm.com) concluded that infrastructure failure can cost enterprises as much as USD 100,000 per hour, with application failure ranging from USD 500,000 to USD 1 million per hour. appeared first on IBM Blog. million—a 15% increase over the last 3 years.

Cost-Benefit 88

Cost-Benefit Testing Risk Strategy 88

IBM Big Data Hub

JANUARY 19, 2024

Here are some of the greatest benefits of building a strong disaster recovery strategy: Maintaining business continuity: Business continuity and business continuity disaster recovery (BCDR) help ensure organizations return to normal operations after an unplanned event, providing data protection, data backup and other critical services.

Strategy 90

Strategy Cost-Benefit Testing Risk 90

IBM Big Data Hub

JANUARY 11, 2024

The benefits of business disaster recovery Disasters can cause all kinds of problems for businesses. Reduced costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach last year was USD 4.45 million—a 15% increase over the last 3 years.

Cost-Benefit 93

Cost-Benefit Risk Enterprise Strategy 93

IBM Big Data Hub

DECEMBER 18, 2023

As enterprises look to address these requirements and achieve growth while adopting innovative AI and hybrid cloud technologies, IBM will continue to meet clients wherever they are in their journeys by helping them make workload placement decisions based on resiliency, performance, security, compliance and cost. All rights reserved.

Digital Transformation 63

Digital Transformation Risk Data Processing Enterprise 63

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach. million.

Consulting 74

Consulting Cost-Benefit Optimization Machine Learning 74

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 89

Cost-Benefit Modeling Manufacturing Interactive 89

Laminar Security

DECEMBER 11, 2023

Another report by the Ponemon Institute found that the average cost of an insider threat incident had increased from $15.4 million in 2023. Discover the latest information and insights from Laminar experts on our data security blog. What are the benefits of DDR? million in 2022 to $16.2

Behavioral Analytics 55

Behavioral Analytics Machine Learning Risk Cost-Benefit 55

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

IBM Big Data Hub

FEBRUARY 23, 2024

billion fine in 2023. Organizations can also host their privacy policies on public, easy-to-find pages on their websites. It has benefits, too. Organizations can stop more data breaches before they happen, avoiding an average cost of USD 4.45 Even the world’s biggest businesses are not free from GDPR woes.

Measurement 75

Measurement Risk Data Collection Data Processing 75

IBM Big Data Hub

APRIL 4, 2024

In a report from Technavio (link resides outside ibm.com), the private cloud services market size is estimated to grow at a CAGR of 26.71% between 2023 and 2028, and it is forecast to increase by USD 619.08 Private cloud combines the main benefits of cloud computing—chiefly on-demand access to computing resources (e.g.,

Data Processing 91

Data Processing Cost-Benefit Software Digital Transformation 91

datapine

DECEMBER 11, 2019

SaaS is a software distribution model that offers a lot of agility and cost-effectiveness for companies, which is why it’s such a reliable option for numerous business models and industries. This results in more flexibility and upselling opportunities, and lower customer acquisition costs. 3) The Growing Need For API Connections.

Software 314

Software Cost-Benefit Data Processing Data-driven 314

IBM Big Data Hub

FEBRUARY 12, 2024

A key reason for this hesitancy is the complexity and cost of migrating to a new ERP platform. SAPinsider’s RISE with SAP 2023 report identified the primary benefit as the single contract that enables a cost-effective move 2. SAP offers both cloud and on-prem deployment options for S/4HANA.

Cost-Benefit 67

Cost-Benefit Data Processing Consulting ROI 67

IBM Big Data Hub

MARCH 28, 2024

billion in 2023. Private cloud combines the primary benefits of cloud computing (e.g., Private cloud combines the primary benefits of cloud computing (e.g., A hybrid cloud unifies public cloud, private cloud and traditional on-premises to create a single, flexible and cost-efficient IT infrastructure.

Enterprise 98

Enterprise Cost-Benefit Data Processing Software 98

IBM Big Data Hub

APRIL 11, 2024

For example, New York City published its own AI Action plan in October 2023, and formalized its AI principles in March 2024. Responsibility for risk: These forms can imply that model owners will be absolved of risk because they used a certain technology or cloud host or procured a model from a third party.

Risk 74

Risk Consulting Modeling Data Processing 74

IBM Big Data Hub

SEPTEMBER 27, 2023

The average cost of a data breach set a new record in 2023 of USD 4.45 Legacy systems and architectures led to unsustainable costs of data ingestion, analysis, and storage, as well as performance issues when searching and analyzing threats across massive datasets.

Cost-Benefit 94

Cost-Benefit OLAP Dashboards Visualization 94

IBM Big Data Hub

JULY 24, 2023

And yet, CIOs say their executives believe 59% of digital initiatives take too long to complete and 52% take too long to realize value, according to a 2023 Gartner survey. Knowing the latter is increasingly important for organizations using the cloud to baseline their usage to eliminate unnecessary costs. appeared first on IBM Blog.

IT 54

IT Analytics Cost-Benefit Predictive Analytics 54

CIO Business Intelligence

AUGUST 1, 2023

Ofcom published an interim report on its findings in April 2023. Egress fees—deterrent, or just the cost of doing business? The hyperscalers point to the corresponding absence of ingress fees, saying they have to charge somewhere in order to cover their networking costs, and it’s simpler to just charge for traffic on the way out.

Cost-Benefit 52

Cost-Benefit Marketing Reporting Enterprise 52

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2023. Webex or Slack) hosted over the public internet. to total $678.8 billion in 2024, up from $563.6

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

IBM Big Data Hub

NOVEMBER 3, 2023

If compatibility with an older device isn’t a requirement, users can set a SATA controller to Advanced Host Controller Interface (AHCI) mode for better performance. Cost While both NVMe and SATA have become more affordable in recent years, SATA SSDs are still somewhat more affordable. appeared first on IBM Blog.

Cost-Benefit 72

Cost-Benefit Enterprise Internet of Things Technology 72

IBM Big Data Hub

OCTOBER 16, 2023

The Digital India Bill 2023 aims to replace India’s existing Information Technology Act of 2000 and provide comprehensive oversight of the digital landscape. Different legal requirements regarding data security, privacy and breach notification could occur, depending on where the data is being hosted or who is controlling it.

Cost-Benefit 65

Cost-Benefit Data Governance Risk Data-driven 65

IBM Big Data Hub

JULY 17, 2023

In this blog, I will cover: What is watsonx.ai? While they require task-specific labeled data for fine tuning, they also offer clients the best cost performance trade-off for non-generative use cases. What capabilities are included in watsonx.ai? What is watsonx.data? What capabilities are included in watsonx.data?

Machine Learning 62

Machine Learning Data Warehouse Modeling Cost-Benefit 62

DataRobot Blog

MARCH 7, 2023

DataRobot is available on Azure as an AI Platform Single-Tenant SaaS, eliminating the time and cost of an on-premises implementation. Models trained in DataRobot can also be easily deployed to Azure Machine Learning, allowing users to host models easier in a secure way. For more information, visit [link].

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

Cloudera

NOVEMBER 10, 2022

Abhas added, “We believe that high-quality, industry-informed, no-cost skilling opportunities can open doors for people with historically limited access to the technology sector and drive them toward sustainable careers. As a first step, we hosted a lunch and learn with Generation Ireland and our Ireland-based people managers.

Cost-Benefit 96

Cost-Benefit Marketing Data Processing Consulting 96