IBM Big Data Hub

FEBRUARY 20, 2024

These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. But what will the impacts of climate change be in the future?

Modeling 118

Modeling Forecasting Reporting Risk 118

DataKitchen

MARCH 12, 2024

Our vision was to create a flexible, state-of-the-art data infrastructure that would allow our analysts to transform the data rapidly with a very low risk of error. Data errors can cause compliance risks. .” — Associate Director, Insights, Top 10 global pharmaceutical company. That was amazing for the team.”

Metrics 117

Metrics Software Cost-Benefit Testing 117

Rita Sallam

JUNE 2, 2023

We also gave the demo script and data set to all vendors in the Exhibit Hall to create demos for their booths and to submit for this blog. For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. million people at risk of catastrophic, flooding.

Optimization 52

Optimization Insurance Machine Learning Risk 52

CIO Business Intelligence

SEPTEMBER 12, 2023

i] NIS2 was adopted in early 2023 as a response to increasing digitalization and rising cybersecurity threats stemming from the COVID-19 pandemic and the Russia-Ukraine War. March 2023. NIS2 regulations expand on previous directives, most notably by broadening the scope of organizations subject to its cybersecurity requirements.

IoT 97

IoT Measurement Manufacturing Finance 97

IBM Big Data Hub

JANUARY 15, 2024

How do organizations avoid the digital risks of ‘technology misuse’ and achieve efficient innovation that ‘technology promotes production’? The plan aimed to address digital transformation along with a digital construction plan for 2023. The path of digital transformation is fraught with challenges.

Digital Transformation 71

Digital Transformation Insurance Optimization ROI 71

CIO Business Intelligence

MARCH 20, 2023

By Serge Lucio, Vice President and General Manager, Agile Operations Division This is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. Stay tuned for future blogs that dive into the technology behind these trends from more of Broadcom’s industry-leading experts.

Data-driven 105

Data-driven Metrics Digital Transformation Measurement 105

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? 2) Why should your organization be doing it and why should your people commit to it? (3)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

Jen Stirrup

MAY 22, 2024

In this blog post about Microsoft Build 2024, I will focus on AI Search and RAG modelling. AIGC models could be better; at the time of writing, ChatGPT was up to date until May 2023, one year ago. What are the risks of RAG for businesses? As with all new shiny technologies, there’s a risk of over-reliance on AI.

Cost-Benefit 45

Cost-Benefit Risk Modeling Business Objectives 45

Cloudera

FEBRUARY 23, 2023

The healthcare industry, in partnership with government agencies, must engage with a robust modern data management solution that can extract electronic health data in the form of controlled substance data, prescriber data, and patient data and transform it into meaningful, measurable, and actionable information.

Data Analytics 76

Data Analytics Analytics Data Processing Risk 76

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 Most of those at risk of climate change-linked hunger are in Sub-Saharan Africa, South Asia and Southeast Asia, according to the World Bank.

Insurance 62

Insurance Risk Strategy Risk Management 62

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? Gartner attempted to list every metric under the sun in their recent report , “T oolkit: Delivery Metrics for DataOps, Self-Service Analytics, ModelOps, and MLOps, ” published February 7, 2023. Under Velocity, the Mean Time to Deliver Data metric measures the time it takes to deliver data.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

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 goal is for there to be more nature by 2030 than there is today—which means taking actionable steps in 2024.

Reporting 93

Reporting Internet of Things Cost-Benefit Data-driven 93

IBM Big Data Hub

AUGUST 28, 2023

million dollars in 2023, organizations face an ever-increasing array of cybersecurity threats. As cybercriminals become more sophisticated and their tactics more varied, it’s essential for businesses to adopt advanced security measures to protect their sensitive data and digital assets.

Software 77

Software Strategy Measurement Risk 77

Andrew White

MAY 19, 2023

You might be asking yourself if you want to spend the time reading this blog. Why is this worth exploring in a blog? This blog will focus on demographic changes, their implications, and what does this mean for us. I will leave energy for a later blog. Parts of the world are being more measured.

Measurement 52

Measurement Forecasting Dashboards Marketing 52

IBM Big Data Hub

AUGUST 9, 2023

They also help security teams pinpoint vulnerabilites, improve overall incident response and reduce the risk of data breaches and financial losses from successful phishing attempts. Progress and trend tracking: Following simulations, organizations should measure and analyze the results of each phishing simulation test.

Testing 78

Testing Measurement Behavioral Analytics Reporting 78

IBM Big Data Hub

FEBRUARY 23, 2024

billion fine in 2023. Create a recordkeeping system Organizations with more than 250 employees, and companies of any size that regularly process data or handle high-risk data, must keep written electronic records of their processing activities. Even the world’s biggest businesses are not free from GDPR woes.

Measurement 79

Measurement Risk Data Collection Data Processing 79

IBM Big Data Hub

OCTOBER 30, 2023

Real-world Business Solutions The real value of any technology is measured by its impact on real-world problems. AI algorithms sift through large datasets to identify fraud risks and streamline claims processing, improving both efficiency and customer satisfaction.

Insurance 82

Insurance Data Warehouse Data-driven Unstructured Data 82

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Entities will also be expected to put appropriate cybersecurity protection measures in place. In the U.S.,

Cost-Benefit 78

Cost-Benefit Testing Strategy Risk Management 78

CIO Business Intelligence

AUGUST 17, 2023

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. We ran workshops with every division of our business, educating them on the accelerating innovation in this area, brainstorming opportunities and risks.

Risk 98

Risk Cost-Benefit Strategy Experimentation 98

datapine

MAY 31, 2022

This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. That’s why it is important to implement a secure BI cloud tool that can leverage proper security measures. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Cloudera

JANUARY 14, 2021

This blog is the final post of a 4-part series. You can read the first blog posts, here: 1. This technology allows retailers to measure and respond in real-time to shopper behavior, measure geolocation, traffic, dwell times, and conversion metrics. Get to Know Your Retail Customer: 2.

Cost-Benefit 69

Cost-Benefit Digital Transformation Sales IoT 69

IBM Big Data Hub

AUGUST 16, 2023

Find out about the benefits of red teaming, the differences between red and blue teams and what a purple team is in my previous blog post, “ Red teaming 101: What is red teaming? Moreover, every red team operation creates an opportunity for measurement and improvement.

Testing 57

Testing Cost-Benefit Risk Consulting 57

BizAcuity

APRIL 11, 2022

dollars by 2023. So, for betting websites, it becomes extremely important to take necessary measures that can protect their business and customers from online betting frauds. . In simple terms, Online betting entails risk for both the parties involved, i.e., players and the betting establishment. billion U.S.

IT 52

IT Risk Software Marketing 52

IBM Big Data Hub

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. Steps for improving output quality involve implementing quality control measures, fostering a culture of continuous improvement, and using customer feedback and other metrics to drive innovation. Last updated 10 November 2023. The result?

Cost-Benefit 60

Cost-Benefit Finance Optimization Key Performance Indicator 60

Rita Sallam

APRIL 2, 2023

We also gave the demo script and data set to all vendors in the Exhibit Hall to create demos for their booths and to submit for this blog. For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. million people at risk of catastrophic, flooding.

Optimization 52

Optimization Machine Learning Insurance Risk 52

IBM Big Data Hub

MAY 6, 2024

The FDA, in its May 2023 draft guidance, backed the adoption of DCTs across drugs, biologics and medical devices , highlighting their merits such as enhanced patient convenience, diminished caregiver burden, broader access to varied demographics, amplified trial productivity, and support for research on rare or mobility-restricted patient groups.

Advertising 84

Advertising Data-driven Optimization Strategy 84

IBM Big Data Hub

JUNE 23, 2023

Well-trained models can ensure that you adhere to predefined rules, standards and guidelines, reducing the risk of errors and eliminating inconsistencies in these narratives. The project should provide quick wins and measure the results rigorously to determine the impact on performance and ROI. Pilot the technology.

Finance 62

Finance Reporting Cost-Benefit Modeling 62

CIO Business Intelligence

SEPTEMBER 21, 2023

The phrase “existential risk” is now everywhere—not in the sense the AI would destroy humanity, but that it would make business functions, or even entire companies, obsolete. If you take something slightly risky and make it a thousand times bigger, the risks are amplified,” he says. But it’s a sign of what’s to come. “If

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

Cloudera

MARCH 25, 2021

Virginia’s law will go into effect on January 1, 2023. Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. appeared first on Cloudera Blog. Will the data privacy controls ultimately help create an enterprise approach to data?

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 80

Risk Management Risk Management Measurement 80

IBM Big Data Hub

MAY 17, 2023

Any issues with these applications can lead to decreased productivity, wasted time and potential security risks. As a result, users can take proactive measures to optimize service efficiency and improve user experience using intelligent processes.

Management 74

Management IT Optimization Consulting 74

IBM Big Data Hub

APRIL 18, 2024

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. AGI wouldn’t just perceive its surroundings; it would understand them.

Cost-Benefit 93

Cost-Benefit Modeling Manufacturing Interactive 93

CIO Business Intelligence

FEBRUARY 12, 2024

After all, if you can’t measure it, you can’t improve it. Determine how to track variable costs for IaaS and as-a-Service solutions , as well as service level agreements and risk mitigation across all assets. Learn more about Dell APEX as-a-Service solutions.

Cost-Benefit 119

Cost-Benefit Optimization Software Strategy 119

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Risk 55

Risk Machine Learning Risk Management Measurement 55

Cloudera

FEBRUARY 15, 2024

While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008. It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008.

Insurance 83

Insurance Data Architecture Risk Management Risk 83

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. This makes it hard to assess climate risks, mitigation efforts and other initiatives.

Reporting 81

Reporting Consulting Risk Metrics 81

IBM Big Data Hub

APRIL 11, 2024

Compliance with official policies through auditing tools and other measures is merely the final step. In An Overview of Catastrophic AI Risks , the authors identify several mitigations that can be addressed through governance and regulation (in addition to cybersecurity). ” Academic and scientific perspectives are also essential.

Risk 76

Risk Consulting Modeling Data Processing 76