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 100

Strategy Cost-Benefit Testing Risk 100

Laminar Security

DECEMBER 1, 2023

As more organizations migrate their data to the cloud, they face an increasing range of risks and threats, including data breaches, data leakage, data loss, data misuse, data compliance violations, shadow data and more. According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

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 103

Cost-Benefit Risk Enterprise Software 103

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. million—a 15% increase over the last 3 years. But what about cyberattacks?

Cost-Benefit 98

Cost-Benefit Testing Risk Strategy 98

CIO Business Intelligence

MARCH 11, 2024

2023 was a challenging year, to say the least, for our industry – and software/SaaS vendors were hit particularly hard. Solutions that not only span functions, but also have industry-specific features and benefits that provide more value by supporting and enabling users to be productive and more competitive in specific industries.

Manufacturing 105

Manufacturing Cost-Benefit Finance Marketing 105

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 98

Reporting Cost-Benefit Internet of Things Data-driven 98

FineReport

APRIL 26, 2023

Cost Savings : Big data tools such as FineReport , Hadoop, Spark, and Apache can assist businesses in saving costs by storing and handling huge amounts of data more efficiently. One of the key benefits of FineReport is its ease of use. Another key benefit of FineReport is its flexibility.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications. trillion on retail businesses through 2029. trillion in that year.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

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. the average cost of a data breach was at its highest, reaching $9.48M. In the U.S.,

Cost-Benefit 81

Cost-Benefit Testing Strategy Risk Management 81

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.

Digital Transformation 70

Digital Transformation Risk Data Processing Enterprise 70

CIO Business Intelligence

AUGUST 7, 2023

last year to $306 million, according to a new IDC study, “Worldwide Enterprise Applications Software Forecast 2023-2027: Digital Era Brings Opportunity.” The top risk factors influencing CIOs spending decisions are inflation, labor shortages, and recession, the study’s author, Mickey North Rizza, told CIO.com. Software sales grew 9.8%

Sales 52

Sales Enterprise Cost-Benefit Software 52

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.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

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 96

Cost-Benefit Modeling Manufacturing Interactive 96

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 80

Consulting Cost-Benefit Optimization Machine Learning 80

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

CIO Business Intelligence

JANUARY 23, 2023

Microsoft stands to benefit from its investment in three ways. As OpenAI’s exclusive cloud provider it will see additional revenue for its Azure services, as one of OpenAI’s biggest costs is providing the computing capacity to train and run its AI models. The deal, announced by OpenAI and Microsoft on Jan.

Enterprise 131

Enterprise Deep Learning Recreation/Entertainment Interactive 131

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. DDR detects anomalous or suspicious data behavior that may indicate insider threats or other data security risks. What are the risks and challenges that you face in protecting the data?

Behavioral Analytics 55

Behavioral Analytics Machine Learning Risk Cost-Benefit 55

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 83

Measurement Risk Data Collection Data Processing 83

IBM Big Data Hub

APRIL 11, 2024

In An Overview of Catastrophic AI Risks , the authors identify several mitigations that can be addressed through governance and regulation (in addition to cybersecurity). They identify international coordination and safety regulation as critical to preventing risks related to an “AI race.”

Risk 78

Risk Consulting Modeling Data Processing 78

CIO Business Intelligence

AUGUST 15, 2023

A risk-limiting audit (RLA) is one audit type used for election verification. With the avatar deployed, CSN officials plan to measure whether Digital President Zaragoza improves student engagement, learning outcomes, student satisfaction, retention, and accessibility, in addition to producing time and costs savings.

IT 98

IT Manufacturing IoT Cost-Benefit 98

IBM Big Data Hub

SEPTEMBER 27, 2023

The list of challenges is long: cloud attack surface sprawl, complex application environments, information overload from disparate tools, noise from false positives and low-risk events, just to name a few. The average cost of a data breach set a new record in 2023 of USD 4.45

Cost-Benefit 104

Cost-Benefit OLAP Dashboards Visualization 104

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. CIOs should have plans for the upsides and also develop risk mitigation strategies. But CIOs should remain strategic.

Key Performance Indicator 106

Key Performance Indicator Cost-Benefit Enterprise Experimentation 106

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. Why build a multicloud infrastructure?

Cost-Benefit 143

Cost-Benefit Insurance Enterprise Optimization 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 101

Strategy Cost-Benefit Risk Optimization 101

CIO Business Intelligence

JULY 5, 2023

Those with sight, neurodiversity or motor skills illnesses are often excluded from the benefits of the internet, but forthcoming legislation will go some way toward correcting this oversight. Disability user experience In 2023, it’d be unimaginable for an organization not to provide physical access to its buildings or services to customers.

Cost-Benefit 98

Cost-Benefit Recreation/Entertainment Marketing Digital Transformation 98

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. The goal is to address the underlying issue while determining if other software or systems are at risk of failure, as well.

IT 59

IT Analytics Cost-Benefit Predictive Analytics 59

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 72

Cost-Benefit Data Governance Risk Data-driven 72

CIO Business Intelligence

JANUARY 30, 2024

Creating this partnership has the benefit of bringing a cohesive view forward with the right goals.” SustainableIT.org, on whose board both Kaur and Karcher sit, offers CIOs no-cost frameworks, data, and reporting standards, as well as case studies and practical advice from IT peers.

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Reporting Data Quality Strategy Data-driven 116

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. The DataRobot AI Platform is the next generation of AI.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

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. This accessibility of data is vital to business growth, but has also resulted in a significant increase in risk. At Laminar, we refer to those “unknown data repositories” as shadow data.

Management 52

Management Risk Risk Management Data Processing 52

Jet Global

AUGUST 24, 2023

Unless there is a compelling reason to move their financials onto a cloud financial platform, companies may choose to not take the risk. Ripping the band-aid off and adapting all processes to something new runs huge risk of killing efficiency and productivity across the board. Thus, finance data remains on-premises.

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Finance Reporting Data Integration Risk 52