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. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 81

Strategy Management Forecasting Cost-Benefit 81

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.

Strategy 98

Strategy Risk Enterprise Risk Management 98

IBM Big Data Hub

JANUARY 19, 2023

The key to differentiation comes in getting data protection right, as part of an overall data strategy. They go to great lengths to integrate trust, transparency and risk management into the DNA of the company culture and the customer experience. As an organization, what are we doing with this information?

Risk Management 60

Risk Management Risk Strategy Data Strategy 60

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

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 113

IT Software Risk Management 113

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. We now are paying much more attention to it,” he says.

Risk Management 128

Risk Management Risk Enterprise Insurance 128

CIO Business Intelligence

JUNE 26, 2023

That’s when it moved from being opportunistic to very purposeful,” says Meyercord, who after a search for the right fit took over the CEO reins last November at Propel Software, a SaaS provider of engineering and product management software. “I Neal Sample A transferable skill set Meyercord would certainly make that case.

IT 117

IT Consulting Software Digital Transformation 117

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 Short version: Apple’s execs — and we’re talking about Steve Jobs’ management heirs — can’t figure out how to use its cash to increase its revenue and profits. Start with UnitedHealth Group.

Risk 115

Risk Risk Management Statistics Management 115

CIO Business Intelligence

DECEMBER 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. What is GRC? GRC is overarching. Why is GRC important?

Risk 113

Risk Risk Management Strategy Enterprise 113

CIO Business Intelligence

APRIL 5, 2024

The 118th session of Congress, covering 2023 and 2024, may end up as the least productive session in US history, with only 47 bills passed and becoming law between the beginning of 2023 and April 1 of this year. However, Congress, mired in partisan infighting, seems unlikely to move forward on serious AI legislation anytime soon.

Risk 131

Risk Insurance Interactive Strategy 131

CIO Business Intelligence

SEPTEMBER 30, 2024

In fact, IT’s embrace of AI is nearly ubiquitous, with 89% of IT decision-makers surveyed for Foundry’s 2024 CIO Tech Priorities study saying they’re researching, piloting, or currently using AI-enabled technologies — up from 72% in 2023. AI changes the bundle of tasks that are in a job, and AI over time will change the nature of roles.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

IBM Big Data Hub

MAY 31, 2024

Governments can help manage and mitigate these risks by relying on IBM’s five fundamental properties for trustworthy AI: explainability, fairness, transparency, robustness and privacy. Governments can also create and execute AI design and deployment strategies that keep humans at the hearth of the decision-making process.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

Cloudera

MARCH 25, 2021

Virginia’s law will go into effect on January 1, 2023. Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. It won’t matter if you can collect social media data or geo location data, images, etc.

Data Strategy 68

Data Strategy Strategy Enterprise Insurance 68

CIO Business Intelligence

JULY 5, 2024

Modernization, therefore, is part of its DNA, and according to CIO Marykay Wells, making technical changes to an organization’s IT infrastructure is an ever-changing discipline that needs to be meticulously managed. “If While this might seem like a simple exercise, it really wasn’t because everyone was operating in a different way,” she says.

Management 113

Management Risk Measurement Dashboards 113

IBM Big Data Hub

DECEMBER 14, 2023

A cybersecurity strategy is not solely about managing risk across a business’ IT infrastructure. According to the 2023 Cost of a Data Breach report conducted by Ponemon Institute and sponsored by IBM , breaches with identification and containment times under 200 days cost organizations USD 3.93

Risk 82

Risk Enterprise Digital Transformation Risk Management 82

IBM Big Data Hub

MARCH 25, 2024

The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 Firms can also reduce their investment risk by using weather and climate data to make investment decisions. These climate events have a huge potential impact on financial institutions.

Insurance 85

Insurance Forecasting Risk Risk Management 85

CIO Business Intelligence

JULY 18, 2023

CIO.com’s 2023 State of the CIO survey recently zeroed in on the technology roles that IT leaders find the most difficult to fill, with cybersecurity, data science and analytics, and AI topping the list. As technology continues to advance at a rapid pace, the demand for qualified individuals has soared,” Chan says.

IT 98

IT Data Science IoT Machine Learning 98

CIO Business Intelligence

SEPTEMBER 7, 2023

Still, a 2023 McKinsey report corroborated this need for boards to be briefed on AI, finding that while 33% of businesses were already using AI and 40% were planning to aggressively invest in it, only 25% had AI on their board agendas. “They said they did not know what questions to ask,” the survey concluded. How do you prevent that?

Risk 117

Risk Risk Management Management Technology 117

CIO Business Intelligence

DECEMBER 29, 2023

Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. CIOs will feel pressure to help develop strategies around it to stay ahead of competitors and enable their business.”

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

IBM Big Data Hub

DECEMBER 4, 2023

IBM’s governance framework is built around four core roles within the company: The Policy Advisory Committee: senior global leaders who provide oversight of the AI Ethics Board and help to establish the company’s strategy and risk tolerance. It helps accelerate responsible, transparent and explainable AI workflows.

Consulting 74

Consulting Risk Metadata Risk Management 74

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. Cyber resilience is a component of operational resilience. In the U.S.,

Cost-Benefit 74

Cost-Benefit Testing Strategy Risk Management 74

IBM Big Data Hub

FEBRUARY 15, 2024

Surface temperature statistics paint a compelling picture of the changing climate: 2023, according to the European Union climate monitor Copernicus, was the warmest year on record—nearly 1.5 “If we act now,” IPCC Chair Hoesung Lee said in a 2023 statement , “we can still secure a livable sustainable future for all.”

Insurance 59

Insurance Risk Statistics Strategy 59

IBM Big Data Hub

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

IBM Big Data Hub

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. Risk management and controls are an imperative in F&A. Apply the controllership lens.

Finance 56

Finance Consulting Data-driven Risk 56

Smart Data Collective

MAY 25, 2023

A cybersecurity strategy is essential for protecting employees, corporate, and customers’ confidential data. With a cybersecurity plan, businesses understand risks well and can enable proactive protection while ensuring prompt responses to cyberattacks.

Internet of Things 90

Internet of Things Cost-Benefit Risk Software 90

CIO Business Intelligence

FEBRUARY 7, 2023

benrothke Wayne Anderson, a security and risk management leader at Microsoft, offered his “personal guide to cloud security shared responsibility”: If it’s in your interface (compute, network, FW, DB, identity etc.), That’s EVERYTHING except the hyper-scale management plane. BrendenBosch Except it is not fine print. you own it.

Data Processing 117

Data Processing Risk Management Risk Consulting 117

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

CIO Business Intelligence

JULY 7, 2023

She currently serves on the board of directors of the IT Senior Management Forum (ITSMF) and has held executive board positions at the National Society of Black Engineers (NSBE), Washington DC Metro Area Chapter. How does the NACD help its members prepare for and manage cyber risk? That was important to me in the next role.

Risk 113

Risk Finance Technology Strategy 113

IBM Big Data Hub

SEPTEMBER 15, 2023

These disclosures will need to be filed as part of the company annual 10-K statements, potentially as soon as the 2024 fiscal year if the final ruling is published by October 2023 as currently expected. In many of these cases, the outcome could be no assurance to limited assurance and then reasonable assurance over time.

Reporting 72

Reporting Risk Data-driven Publishing 72

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 76

Risk Management Risk Management Measurement 76

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 million in 2023—a 15% increase since 2020.

Cost-Benefit 84

Cost-Benefit Risk Enterprise Advertising 84

CIO Business Intelligence

MAY 20, 2024

The CIO position has morphed since its inception 40 years ago, shifting from a nuts-and-bolts techie job to an increasingly business- and strategy-focused executive role. Long and varied, the list focuses on delivering impactful results for the business, further reshaping the responsibilities and outlook for the CIO role. Foundry / CIO.com 3.

IT 142

IT Risk Management Machine Learning Risk 142

IBM Big Data Hub

SEPTEMBER 20, 2022

In most organizations there are a number of data science tools, making it difficult to govern and manage information, let alone adhere to increasingly strict security, compliance and governance regulations. Your model risk management team, IT operations team and line-of-business employees also need appropriate access.

Metadata 56

Metadata Machine Learning Data-driven Risk 56

IBM Big Data Hub

OCTOBER 23, 2023

71% of executives think it’s difficult to realize the full potential of a digital transformation without having a solid hybrid cloud strategy in place. [1] 71% of executives think it’s difficult to realize the full potential of a digital transformation without having a solid hybrid cloud strategy in place. [1]

Risk 84

Risk Strategy Risk Management Digital Transformation 84

CIO Business Intelligence

MAY 13, 2024

Corporate and IT strategy are one, and technology is the tool to deliver strategic objectives. It creates more emphasis on 365-degree relationship management, particularly with external partners and vendors and with customers,” Juliano says. I believe we’re in a post-alignment world.

IT 130

IT Digital Transformation ROI Strategy 130

CIO Business Intelligence

MAY 30, 2023

Projects also include the introduction of multifactor authentication; security, orchestration, automation, and response (SOAR); extended detection and response (XTR); and security information and event management (SIEM) software, according to Uzupis, who left his position in spring 2023. 9, with 47% involved in such).

IT 130

IT Risk Optimization Technology 130

CIO Business Intelligence

JULY 25, 2024

CIOs have a long history of managing incidents and disasters through established IT practices, guided by frameworks such as ITIL for incident management and disaster recovery. However, as ecommerce has proliferated, security threats have increased, elevating cybersecurity to a board-level concern.

IT 109

IT Finance Consulting Reporting 109