IBM Big Data Hub

MAY 28, 2024

Together, these comprehensive approaches not only deter threat actors but also standardize the management of sensitive data and corporate information security and limit any business operations lost to downtime. According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

IBM Big Data Hub

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

Strategy 81

Strategy Management Forecasting Cost-Benefit 81

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

CIO Business Intelligence

SEPTEMBER 20, 2023

Now Assist for IT Service Management, Customer Service Management, and HR Service Delivery add new text creation and summarization features and an interactive chatbot interface to help workers get to relevant information more quickly. Cost in question The new gen AI features do come at a cost.

Cost-Benefit 109

Cost-Benefit Software Finance Interactive 109

CIO Business Intelligence

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Respond to threats quickly.

Digital Transformation 123

Digital Transformation Risk Cost-Benefit Risk Management 123

CIO Business Intelligence

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

IBM Big Data Hub

JANUARY 16, 2024

Listen: The Art of AI featuring a Financial Industry perspective with Citigroup Trend: Generative AI One of the, if not the, biggest technological advancements made in 2023 was generative AI. More organizations will likely be transitioning to hybrid cloud models for their workloads and to further manage and conduct compliance tasks.

Insurance 48

Insurance Risk Management Cost-Benefit Risk 48

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 74

Cost-Benefit Testing Strategy Risk Management 74

Smart Data Collective

MAY 25, 2023

Additionally, cybercrime costs SMEs over $2.2 With a cybersecurity plan, businesses understand risks well and can enable proactive protection while ensuring prompt responses to cyberattacks. It aims at mitigating or preventing harm to your business and its stakeholders while minimizing human cyber risk. million yearly.

Internet of Things 90

Internet of Things Cost-Benefit Risk Software 90

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. When should I use it?

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

JULY 24, 2024

According to an Avanade survey of over 3,000 business and IT executives released in late 2023, 48% have put in place a complete set of policies for responsible AI. In 2003, Oxford University professor Nick Bostrom asked what happens if you ask a smart AI to make as many paperclips as possible. Maybe it’s the vendor who made it.

Risk 128

Risk Insurance Modeling Manufacturing 128

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45

Cost-Benefit 84

Cost-Benefit Risk Enterprise Advertising 84

CIO Business Intelligence

MAY 13, 2024

It creates more emphasis on 365-degree relationship management, particularly with external partners and vendors and with customers,” Juliano says. Overall, IT projects are meant to create a leaner, more profitable company, says Bilker, CIO of manufacturer Lift Solutions Holding. I believe we’re in a post-alignment world.

IT 130

IT Digital Transformation ROI Strategy 130

CIO Business Intelligence

OCTOBER 3, 2024

billion in 2023 — with periodic spikes whenever IBM has introduced a new mainframe generation, Gartner claims. A combination of mainframe and cloud for different tasks might be a more flexible, cost-effective solution.” At least IBM believes so. It’s not the technologies they use. It’s not the cloud provider they use.

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140

CIO Business Intelligence

DECEMBER 7, 2022

Gartner predicts 2023 IT spending will grow 5.1% Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. Cloud-related services’ cost has risen by between 5% and 7% this year compared to last, IDC says.

IT 131

IT Insurance Cost-Benefit Risk Management 131

CIO Business Intelligence

OCTOBER 15, 2024

It may surprise you, but DevOps has been around for nearly two decades. Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

JULY 10, 2024

And Google’s AI has made other high-profile flubs before, costing the company billions in market value. And as gen AI is deployed by more companies, especially for high-risk, public-facing use cases, we’re likely to see more examples like this. Guardrails mitigate those risks head on. It can be harmful if ingested.

Enterprise 135

Enterprise Risk Modeling Risk Management 135

CIO Business Intelligence

SEPTEMBER 26, 2023

This policy should include guidelines for employee training, incident response, and risk management. Challenges of implementing Zero Trust While the benefits of implementing Zero Trust are clear, organizations face several challenges in adopting this approach. This blog was published on blogs.arubanetworks.com on 8/16/2023.

Cost-Benefit 140

Cost-Benefit Measurement Risk Risk Management 140

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. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos.

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

AUGUST 7, 2024

It automated and streamlined complex workflows, thereby reducing the risk of errors and enabling analysts to concentrate on more strategic tasks. Its AI/ML-driven predictive analysis enhanced proactive threat hunting and phishing investigations as well as automated case management for swift threat identification.

IT 117

IT Insurance Cost-Benefit Testing 117

CIO Business Intelligence

APRIL 10, 2024

Cyber GRC software company Cypago has announced a new automation solution for artificial intelligence (AI) governance, risk management and compliance. Its heightened security measures for AI-based systems help keep data and software secure, reducing the risk of cyber threats, data breaches and regulatory violations.

Risk Management 116

Risk Management Cost-Benefit Risk Measurement 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. AI Platform Single-Tenant SaaS are fully managed by DataRobot and replace disparate machine learning tools, simplifying management. 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. Awareness of shadow data and the importance of DSPM to discover and combat the risk of this previously unknown data is growing at an almost unprecedented rate.

Management 52

Management Risk Risk Management Data Processing 52

Jet Global

JUNE 21, 2021

Learn why tax is playing an important part in enterprise risk management. The cost of World War I and post-war reconstruction helped create modern corporate taxation. Read how to elevate tax to a strategic function. Climate change is also driving urgent needs to encourage different corporate behavior.

Recreation/Entertainment 98

Recreation/Entertainment Digital Transformation Finance Reporting 98