IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. A 2023 IBM IBV study showed that organizations that are seen as ESG leaders are 43% more likely to outperform their peers on profitability. Conduct ESG assessments.

Risk Management 82

Risk Management Risk Management Metrics 82

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing. A disaster recovery strategy lays out how your businesses will respond to a number of unplanned incidents.

Strategy 95

Strategy Cost-Benefit Testing Risk 95

IBM Big Data Hub

SEPTEMBER 13, 2023

According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 As data leaks on the dark web continue to make headlines, organizations face heightened pressure to reinforce their breach containment strategies. million this year.

Risk 99

Risk Management Strategy Measurement 99

Laminar Security

JUNE 8, 2023

This widespread cloud transformation set the stage for great innovation and growth, but it has also significantly increased the associated risks and complexity of data security, especially the protection of sensitive data. billion in 2023 , a 20.7% Worldwide spending on public cloud services is expected to reach $591.8

Statistics 82

Statistics Risk Reporting Unstructured Data 82

IBM Big Data Hub

SEPTEMBER 6, 2023

In a May 2023 survey carried out by IBM and Momentive.ai , 67% of CMOs reported that they plan on implementing generative AI in the next 12 months and 86% plan to do so within 24 months. With the right generative AI strategy, marketers can mitigate these concerns. The journey starts with sound data.

Marketing 118

Marketing Strategy B2B Cost-Benefit 118

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. In fact, a few of the most common challenges include: Risk. Organizations continue to face significant challenges in reducing the risk and limiting the scope of disruption that results from cyberattacks. 8 Complexity.

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

IBM Big Data Hub

NOVEMBER 20, 2023

At the same time, they’re also still relying on legacy systems and architectures, which often lack some of the standard capabilities needed for a modern IAM strategy. Gartner, Magic Quadrant for Access Management, Henrique Teixeira, Abhyuday Data, Nathan Harris, Robertson Pimental, November 16 2023.

Management 70

Management Strategy Digital Transformation Reporting 70

CIO Business Intelligence

MARCH 1, 2024

While the promise of AI can fundamentally reshape business operations, it has also created new risk vectors and opened the doors to nefarious individuals that most enterprises are not currently equipped to mitigate. Securing with AI: How can AI become an integral part of your defense strategy? To learn more, visit us here.

Risk 119

Risk Reporting Modeling Software 119

IBM Big Data Hub

JANUARY 19, 2023

The key to differentiation comes in getting data protection right, as part of an overall data strategy. Use a data protection strategy to maintain your brand image and customer trust How a company collects, stores and protects consumer data goes beyond cutting data storage costs—it is a central driving force of its reputation and brand image.

Risk Management 60

Risk Management Risk Strategy Data Strategy 60

Laminar Security

AUGUST 21, 2023

As we hit 2023, Gartner’s Hype Cycle for Data Security sheds light on the latest advancements and technologies that can bolster data security including data security posture management (DSPM). In this blog, we will delve into the key insights from the report and emphasize the significance of DSPM in shaping the data security industry.

Management 40

Management Risk Unstructured Data Data Strategy 40

IBM Big Data Hub

AUGUST 17, 2023

In fact, according to Flexera’s 2023 State of the Cloud report , for the first time in a decade, “managing cloud spend” (82%) surpassed “security” (79%) to become the number one challenge facing organizations across the board. Overprovisioning is the go-to strategy for avoiding performance risks.

Risk 60

Risk Metrics Dashboards Optimization 60

IBM Big Data Hub

MARCH 25, 2024

The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. As a result, their market would shrink.

Insurance 91

Insurance Forecasting Risk Risk Management 91

Andrew White

JANUARY 2, 2023

What are your economic assumptions for 2023? Recession in 2023? My latest estimates align with others who suggest: USA recognizes a recession (effectively a double-dip) by Q2 2023. What is Ahead of Us in 2023? As such there are some major concerns for 2023. Context for my Assumptions for 2023.

Risk 52

Risk Marketing Data-driven Forecasting 52

IBM Big Data Hub

AUGUST 1, 2023

According to the IBM Security X-Force Threat Intelligence Index 2023 , for the second year in a row, phishing was the leading cyber threat, identified in 41% of incidents. Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation.

Risk 57

Risk Management Machine Learning IoT 57

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. Its conclusions were less than optimal. Doing penetration testing.

IT 111

IT Measurement Risk Testing 111

Alation

APRIL 14, 2023

In this blog, I’ll share a quick high-level overview of the event, with an eye to core themes. Not to say that pragmatists alone are key to boardroom strategy sessions. Subscribe to Alation's Blog Get the latest data cataloging news and trends in your inbox. Let’s dive in! How can data leaders respond?

Data Warehouse 52

Data Warehouse Data-driven Digital Transformation Metadata 52

IBM Big Data Hub

JUNE 30, 2022

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. Learn more about how to design and implement a data strategy that takes advantage of a hybrid multicloud landscape.

Data Strategy 56

Data Strategy Strategy Business Objectives Data-driven 56

Cloudera

JANUARY 5, 2023

As more industries mature digitally and widely adopt AI and machine learning technologies, 2023 will be a pivotal year for organizations looking to deploy emerging tech solutions company-wide to fulfill business objectives. How this strategy looks depends on the organization’s unique business needs as one affects the other.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 In some cases, the latter can mean rolling back older flood mitigation strategies.

Modeling 118

Modeling Forecasting Reporting Risk 118

Cloudera

APRIL 23, 2024

The judging process took place over two phases from October 2023 to March 2024. Mike shares insights and ideas as a LinkedIn influencer, writing his ENGAGE newsletter and blog, and hosting “The Sustainability Communicator” podcast. appeared first on Cloudera Blog. The post Climate and Sustainability Hackathon—Meet the Judges!

Machine Learning 85

Machine Learning Data Science Data-driven Data Processing 85

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? 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. This blog highlights some notable findings and the videos from participating vendors.

Optimization 52

Optimization Insurance Machine Learning Risk 52

IBM Big Data Hub

DECEMBER 14, 2023

A cybersecurity strategy is not solely about managing risk across a business’ IT infrastructure. According to the 2023 Cost of a Data Breach report conducted by Ponemon Institute and sponsored by IBM , breaches with identification and containment times under 200 days cost organizations USD 3.93

Risk 87

Risk Enterprise Digital Transformation Risk Management 87

CIO Business Intelligence

JULY 17, 2023

Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. Like investors, they seek optimal outcomes while minimizing risks. In that vein, a multicloud-by-design strategy is the best bet for your technology portfolio. IT leaders can relate to this dance. Multi Cloud

Cost-Benefit 97

Cost-Benefit Optimization ROI Strategy 97

CIO Business Intelligence

MAY 3, 2024

Firms are very concerned that without applying genAI to customer-facing apps, they are at high risk of disruption.” Gownder, in a blog post last November as UPS was putting its solution into limited production. Going forward, UPS will take a multifaceted approach to its generative AI strategy and will evaluate each framework.

Testing 140

Testing Sales Enterprise Digital Transformation 140

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. Before the data privacy regulations overtake your business strategy and goals, advance and solidify your enterprise data strategy.

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

IBM Big Data Hub

DECEMBER 4, 2023

IBM’s governance framework is built around four core roles within the company: The Policy Advisory Committee: senior global leaders who provide oversight of the AI Ethics Board and help to establish the company’s strategy and risk tolerance. It helps accelerate responsible, transparent and explainable AI workflows.

Consulting 78

Consulting Risk Metadata Risk Management 78

IBM Big Data Hub

MAY 25, 2023

In 2023 alone, IBM Consulting has interacted with more than 100 clients and completed dozens of engagements infusing generative AI alongside classical machine learning AI strategies. IDC 1 estimates the AI Services market will grow from approximately $36 billion USD in 2023 to approximately $65 billion USD in 2026.

Consulting 104

Consulting Experimentation Machine Learning Modeling 104

IBM Big Data Hub

FEBRUARY 1, 2024

For example, in the US, the 2023-2025 CISA Cybersecurity Strategic Plan aims to increase basic-level cyber skills across the country, transform cyber education and boost the cyber workforce. Cybersecurity awareness and training Many companies struggle to understand their cyber risk.

Testing 89

Testing Data Processing Risk Consulting 89

Cloudera

DECEMBER 19, 2023

Without a doubt, 2023 has shaped up to be generative AI’s breakout year. Earlier this month, I had the opportunity to lead a roundtable discussion at the PSN Government Innovation show ( 2023 Government Innovation Show – Federal – Public Sector Network ) in Washington, DC. Start with narrow, low-risk use cases.

Optimization 86

Optimization Cost-Benefit Unstructured Data Risk 86

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. Central NetConductor includes all the tools organizations need to deploy, configure, and operate networks that support Zero Trust Security strategies. March 2023.

IoT 97

IoT Measurement Manufacturing Finance 97

IBM Big Data Hub

NOVEMBER 30, 2023

The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ). Businesses, regardless of their size, are recognizing the importance of a solid security strategy—especially having a strong SOC.

Cost-Benefit 69

Cost-Benefit Digital Transformation Data-driven Strategy 69

IBM Big Data Hub

NOVEMBER 20, 2023

In 2023, organizations have faced an unprecedented level of pressure to digitally transform with the rise of generative AI as well as imperatives such as sustainability, labor productivity and security. The findings indicate that highly regulated industries are increasingly weighing risks, such as security, when considering the technology.

Digital Transformation 88

Digital Transformation Insurance Enterprise Data-driven 88

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

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. But there’s good news: by modernizing their cybersecurity strategy with automation and AI technologies , businesses can help reduce costs and minimize time to identify and contain breaches.

Manufacturing 83

Manufacturing Sales Reporting Strategy 83

CIO Business Intelligence

JUNE 28, 2023

In the report, The 2023 Global Study on Closing the IT Security Gap: Addressing Cybersecurity Gaps from Edge to Cloud , 51% of organizations indicate they have adopted Zero Trust Security strategies. Organizations are looking for ways to reduce cyberattack risk. “To What is Zero Trust Security?

Reporting 98

Reporting Insurance Risk Strategy 98

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

IBM Big Data Hub

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. Our experts at IBM Consulting are taking a comprehensive look at generative AI for F&A and considering the need to balance risks.

Finance 59

Finance Consulting Data-driven Risk 59