CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

Risk 111

Risk Risk Management Strategy Enterprise 111

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. So how does ESG risk management help the bottom line?

Risk Management 78

Risk Management Risk Management Metrics 78

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 98

Risk Risk Management ROI Technology 98

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 Incorporating an effective attack surface management tool into your security strategy can significantly help you mitigate the risks of data breaches. million this year.

Risk 93

Risk Management Strategy Measurement 93

CIO Business Intelligence

MAY 14, 2024

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

IT Data Processing Enterprise Modeling 143

Ontotext

OCTOBER 11, 2023

SEMANTiCS 2023 kicked off with a Pre-conference day that offered an awesome lineup of business and academia talks. Andreas Blumauer presenting his talk: Responsible AI and LLMs SEMANTiCS 2023 Andreas focused on how we can take the best of both worlds and work on responsible, explainable generative AI. Are LLMs Knowledgeable?

Metadata 69

Metadata Cost-Benefit Marketing Modeling 69

CIO Business Intelligence

MARCH 21, 2024

In addition to rationalizing applications and other tactics you would expect, Lovelady knew establishing influence across McWane would be essential for the IT makeover to succeed, and that in turn would require over-communicating, driving accountability, measuring success, and rewarding high performance. The Birmingham, Ala.-based

IT 108

IT Manufacturing Risk Management Risk 108

CIO Business Intelligence

MAY 30, 2024

One of our key directives was to audit procurement for all state agencies by the end of the calendar year 2023,” McIntosh says. “To Modernizing with purpose In June 2023, Oklahoma began using process mining tools from Celonis to analyze procurement processes based on purchasing laws and massive amounts of financial data. “As

IT 140

IT Cost-Benefit Key Performance Indicator Dashboards 140

CIO Business Intelligence

AUGUST 1, 2023

Undertaken in conjunction with Miami University’s IT department, ILDA has been awarded a 2023 CIO 100 Award for IT innovation and leadership. It wasn’t until the 1990s that Indigenous rights were recognized by the US government, along with the right to their heritage, language, and culture.

Risk 98

Risk IT Software Digital Transformation 98

CIO Business Intelligence

AUGUST 15, 2024

As organisations adjust to managing remote and hybrid teams, supporting digital transformation, and navigating an uncertain and volatile global economy, they face an ever-expanding landscape of vulnerabilities and increasing risk. Home printers pose an additional risk, particularly those that were purchased by employees.

Risk 107

Risk Digital Transformation Marketing Finance 107

IBM Big Data Hub

AUGUST 3, 2023

Organizations cannot risk unnecessary unplanned downtime or increased latencies because an application failed or underperformed. Software downtime is a huge organizational risk because it decreases customer satisfaction and potentially violates a service-level agreement with end users.

Measurement 63

Measurement Metrics Risk Software 63

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. CFOs want certainty when it comes to spend. Meanwhile, CIOs want certainty when it comes to funding.

Modeling 121

Modeling Cost-Benefit IT ROI 121

CIO Business Intelligence

JULY 5, 2024

If we don’t do this with a clear plan and in a logical way, considering all the technology assets and risks, negative things can happen,” she says. These tech debt audits provided a clearer picture of where their biggest risks were, which, in turn, allowed them to prioritize what needs to be addressed first. “We

Management 111

Management Risk Measurement Dashboards 111

CIO Business Intelligence

JUNE 25, 2024

Charles Dickens’ Tale of Two Cities contrasts London’s order and safety with the chaos and risk of Paris. In Q1 of 2023, UHG spent $3.5 Its performance might, like so many political polls, be within the boundaries of statistical noise — especially as it upped its 2023 investment in R&D to some $30B. decline in net income.

Risk 114

Risk Risk Management Statistics Management 114

CIO Business Intelligence

AUGUST 8, 2024

But there’s good news: When organizations leverage open source in a deliberate, responsible way, they can take full advantage of the benefits that open source offers while minimizing the security risks. For many stakeholders, there is plenty to love about open source software. CFOs like the fact that open source is often free or low in cost.

Software 123

Software Enterprise Cost-Benefit Risk 123

CIO Business Intelligence

NOVEMBER 23, 2022

The biggest challenge when it comes to cyber crime is that there are so many different security risks to manage. Three of the biggest risks moving into 2023 and beyond are: Ransomware – in which a malicious program infects a computer, locking access to all files until a ransom is paid to gain access to an unlock key.

Risk 97

Risk Data-driven Software Measurement 97

CIO Business Intelligence

NOVEMBER 14, 2023

billion devices reported in 2023. In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks. 6 IoT vulnerabilities to watch out for Security risks are a significant concern for businesses using LoT and OT technology.

IoT 127

IoT Enterprise Manufacturing Internet of Things 127

CIO Business Intelligence

APRIL 27, 2023

And according to the latest 2023 Dice Tech Salary Report , you don’t need to reach for an executive career in IT to earn a six-figure salary. The demand for specialized skills has boosted salaries in cybersecurity, data, engineering, development, and program management. increase from 2021. increase from 2021.

IT 112

IT Software Risk Management 112

CIO Business Intelligence

OCTOBER 22, 2024

As small businesses increasingly depend on digital technologies to operate and grow, the risks associated with cyber threats also escalate. The cost of ignoring such measures can be substantial, as noted in IBM’s 2023 Cost of a Data Breach Report, which found the average impact of a data breach on small businesses can exceed $3.31

Software 105

Software Reporting Risk Measurement 105

CIO Business Intelligence

JANUARY 18, 2024

Technical vision: Planning, deploying, measuring, optimizing, and scaling for current and future state capacities is essential in today’s disruptive IT landscape. Recruiting activity on the rise A case in point is Thomas Licciardello, CIO and consultant at Northeast CIO’s. Needless to say, he also gets his own fair share of job offers.

IT 124

IT Data-driven Marketing Technology 124

CIO Business Intelligence

JULY 30, 2024

We examine the opportunity to lead both risk mitigation and value creation by helping advance the enterprise sustainability strategy. Competent Boards, 2024 Every organization can have an impact by starting with small, measurable commitments and moving along the maturity model for engagement and commitment.

Strategy 103

Strategy Scorecard Measurement Risk 103

CIO Business Intelligence

SEPTEMBER 12, 2024

The familiar narrative illustrates the double-edged sword of “shadow AI”—technologies used to accomplish AI-powered tasks without corporate approval or oversight, bringing quick wins but potentially exposing organizations to significant risks. A routine audit uncovers severe compliance issues with how the tool accesses and stores data.

Experimentation 108

Experimentation Risk Cost-Benefit Strategy 108

CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. Can I also trust the mechanism by which I share that data without exposing myself inappropriately to risk? Most boards of directors are ready to take risks.

Internet of Things 102

Internet of Things Strategy Data Strategy Risk 102

CIO Business Intelligence

NOVEMBER 14, 2023

Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. There are other risks, too. Cloud computing doesn’t exist in a vacuum, and neither should your cloud strategy,” Gartner advises in its 2023 Cloud Strategy Cookbook. Why are we really going to cloud?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

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 54

Risk Management Machine Learning IoT 54

CIO Business Intelligence

JANUARY 19, 2024

According to Deep Instinct’s research , 75% of security professionals observed an increase in cyberattacks in 2023, with 85% of them attributing the rise to generative AI. By doing so, organizations reinforce the trust of their various stakeholders and mitigate risks associated with data breaches and privacy infringements.

IT 116

IT Insurance Data Governance Measurement 116

CIO Business Intelligence

OCTOBER 16, 2023

Researchers for the 2023 DBIR identified system intrusion, social engineering and basic web application attacks as the most common attack patterns that led to breaches and data theft. PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three. Compliance with PCI DSS v4.0

Gap analysis 126

Gap analysis Consulting Risk Measurement 126

CIO Business Intelligence

NOVEMBER 9, 2023

Foundry / AI Priorities Study 2023 The ideal individual to assume this role should have much more than top technology and AI skills, says Colin Reeves, principal data and AI recruiter at ConSol Partners in Los Angeles. They should be a champion for smart AI adoption, and be able to recognize and balance AI benefits with risks.

IT 129

IT Strategy Reporting Visualization 129

IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 What is a data protection strategy?

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

CIO Business Intelligence

JANUARY 15, 2024

He says to do otherwise would risk being left behind. “AI The technology landscape isn’t the only element evolving within the IT department, nor are rank-and-file staffers the only IT professionals expected to upskill. This helps you be a better leader and help you advance, because it has you focus on what you stand for,” she explains. “It

IT 129

IT Consulting Strategy Sales 129

CIO Business Intelligence

SEPTEMBER 30, 2024

And like a frog in a pot, organizations are waking up to the potentially catastrophic risks of inaction. October 2023: Additional FBI guidance cites red flags for deepfake job candidates, such as an unwillingness to appear on camera and social media profiles that don’t match the person’s resume.

Measurement 108

Measurement Visualization Software IT 108

Rita Sallam

JUNE 2, 2023

For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. Qlik Key Findings: In the US alone, there’s $367 billion in agricultural commodities at risk to flooding in the US alone. Is it pronounced ‘Scone’ or ‘Scon’?

Optimization 52

Optimization Insurance Machine Learning Risk 52

CIO Business Intelligence

JULY 6, 2023

Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA. From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees.

Cost-Benefit 96

Cost-Benefit Risk Digital Transformation Risk Management 96

CIO Business Intelligence

SEPTEMBER 4, 2024

In late 2023, an edX survey of 800 C-suite executives showed that more than half thought executive leadership or C-suite roles will be partly or completely replaced by AI. But my role is usually answering questions where conventional wisdom doesn’t apply, and we have to make decisions that involve risk ownership and accountability,” she says.

Measurement 132

Measurement Technology Strategy Consulting 132

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141

Risk Manufacturing Enterprise Technology 141

IBM Big Data Hub

FEBRUARY 20, 2024

These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. degrees Celsius (2.66 2 How much higher will temperatures climb?

Modeling 113

Modeling Forecasting Reporting Risk 113

IBM Big Data Hub

MAY 31, 2024

But the rates of exploration of AI use cases and deployment of new AI-powered tools have been slower in the public sector because of potential risks. But tax agencies must adopt AI tools with adequate oversight and governance to mitigate risks and build public trust.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98