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Strategies to combat GenAI implementation risks

CIO Business Intelligence

We examine the risks of rapid GenAI implementation and explain how to manage it. These examples underscore the severe risks of data spills, brand damage, and legal issues that arise from the “move fast and break things” mentality. Air Canada was ordered to compensate a customer misled by its chatbot.

Risk 109
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Turning climate risks into business opportunities 

IBM Big Data Hub

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? These risks can make it difficult or impossible for organizations to operate in affected locations.

Risk 60
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Yogurt maker stirs in SAP to boost its demand planning capability

CIO Business Intelligence

More than 120 ‘flavors’ to handle When your company is dealing with today’s volatile market, a variety of products, and a supply chain covering 120+ countries – each with its own rules and processes – demand planning, including forecasting, can get a bit gut-wrenching. Such was the case with Danone.

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Energy leader Petrobras sails toward sustainability with new supply chain solution

CIO Business Intelligence

Given supply chain complexities involving workforce capacity, demand forecasting, supply and transportation planning, and inventory and maintenance management, Petrobras was compromised by siloed and disparate data, information gaps, and broken end-to-end (E2E) processes. That hasn’t always been easy.

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Private cloud makes its comeback, thanks to AI

CIO Business Intelligence

According to Forrester’s Infrastructure Cloud Survey in 2023, 79% of roughly 1,300 enterprise cloud decision-makers surveyed said their firms are implementing internal private clouds, which will use virtualization and private cloud management. The Milford, Conn.-based We’re keeping that tight control and keeping it in the private cloud.”

IT 143
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Securing 5G for 2023 and beyond

CIO Business Intelligence

As this technology becomes pervasive across the globe, PwC has forecast that the global economic impact of 5G will exceed $1.3 As organizations move to the next generation of connectivity, they will also need to confront potential new security risks. Security needs to keep up. trillion by 2030.1

Risk 120
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Expion Health revamps its RFP process with AI

CIO Business Intelligence

We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.” Machine decisions In August 2023, the Expion IT team, with support from executive leadership, launched an internal project to automate the complex underwriting process for prescription cost management.

IT 109