IBM Big Data Hub

AUGUST 18, 2023

Entities will also be expected to put appropriate cybersecurity protection measures in place. 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.

Cost-Benefit 82

Cost-Benefit Testing Strategy Risk Management 82

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 100

Reporting Cost-Benefit Internet of Things Data-driven 100

CIO Business Intelligence

OCTOBER 23, 2023

CIOs and their IT teams have enjoyed a bump in power and prestige in recent years, as the C-suite has embraced continuous transformation, digital everything, and a host of emerging technologies — all enabled by IT. Organizations should optimize IT ops by bringing in automation to continuously look for cost reduction opportunities.

IT 136

IT Consulting Scorecard Key Performance Indicator 136

CIO Business Intelligence

JANUARY 4, 2023

In its Worldwide Sustainability/ESG 2023 Predictions , analyst firm IDC sees digital and sustainability transformations converging. This should not just be a discussion about costs; sustainability should be considered as a business outcome.” This will drive down your cost and have a positive impact on sustainability at the same time.”

IT 128

IT Internet of Things Reporting Cost-Benefit 128

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 97

Cost-Benefit Modeling Manufacturing Interactive 97

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 23, 2024

billion fine in 2023. Organizations can also host their privacy policies on public, easy-to-find pages on their websites. At a minimum, a DPIA must describe the processing and its purpose, assess the necessity of the processing, evaluate risks to data subjects, and identify mitigation measures.

Measurement 84

Measurement Risk Data Collection Data Processing 84

Laminar Security

MAY 3, 2023

According to our recent State of Cloud Data Security Report 2023 , 77% of organizations experienced a cloud data breach in 2022. In fact, 93% of security professionals surveyed in 2023 are concerned about it. That’s particularly concerning considering that 60% of worldwide corporate data was stored in the cloud during that same period.

Management 52

Management Risk Risk Management Data Processing 52

Jet Global

AUGUST 24, 2023

Accept and Address the Financial Impact of Cloud Adoption, 2023 Download Now Hybrid ERP – The Best of Both Worlds? This optimization leads to improved efficiency, reduced operational costs, and better resource utilization. Cost Optimization: The hybrid model allows finance teams to balance their expenses effectively.

Finance 52

Finance Reporting Data Integration Risk 52

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 103

Data Processing Cost-Benefit Software Digital Transformation 103

CIO Business Intelligence

AUGUST 15, 2023

In increasingly politicized times, easily performing RLAs can provide a measure of confidence to the interested voter that elections are being run properly.” We’re making a lot of progress addressing those goals,” he says, noting that the project has helped cut costs and boost revenue, too.

IT 96

IT Manufacturing IoT Cost-Benefit 96

CIO Business Intelligence

JUNE 6, 2023

The implication is that while some businesses are cutting costs and many tech companies are announcing layoffs, forward-looking enterprises are investing and collaborating with startups. In addition, the percentage of corporate-backed deals in early seed rounds increased from 10% in 2021 to 18% in 2022. But CIOs should remain strategic.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit Enterprise Experimentation 105

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 110

Enterprise Cost-Benefit Data Processing Software 110

IBM Big Data Hub

APRIL 11, 2024

Compliance with official policies through auditing tools and other measures is merely the final step. For example, New York City published its own AI Action plan in October 2023, and formalized its AI principles in March 2024. How organizations put them into action is what counts.

Risk 79

Risk Consulting Modeling Data Processing 79

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 105

Cost-Benefit OLAP Dashboards Visualization 105

Smart Data Collective

SEPTEMBER 6, 2020

A growing number of ecommerce platforms have expressed the benefits of data analytics technology and incorporated them into their solutions. Essential Benefits of Big Data in Ecommerce Applications. trillion by 2023 and constitute 17% of all B2B sales. There’s more to the total cost of ownership than the cost of licensing.

B2B 108

B2B Data Analytics Analytics Cost-Benefit 108

CIO Business Intelligence

FEBRUARY 27, 2023

Since then, Barioni has taken control of the situation, putting into action a multi-year plan to move over half of Reale Group’s core applications and services to just two public clouds in a quest for cost optimization and innovation. Only 2% had a single cloud provider. Why build a multicloud infrastructure?

Cost-Benefit 143

Cost-Benefit Insurance Optimization Enterprise 143

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 102

Strategy Cost-Benefit Risk Optimization 102

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 74

Cost-Benefit Data Governance Risk Data-driven 74