CIO Business Intelligence

JULY 10, 2024

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

Risk Strategy Consulting Cost-Benefit 109

CIO Business Intelligence

FEBRUARY 10, 2023

We’re sharing the top 5 predictions that you should be planning for in 2023. User experiences become critical in a hyper-connected, intelligent world Broadcom believes people will have higher expectations for exceptional digital experiences across a wide range of devices and applications in 2023 and beyond.

IT 120

IT Digital Transformation Manufacturing Software 120

CIO Business Intelligence

MAY 26, 2023

The overall perceived value of IT certifications is shifting, according to the 2023 Tech Salary Trends report from Dice. The overall perceived value of IT certifications is shifting, according to the 2023 Tech Salary Trends report from Dice. Certifications are a great way for IT pros to pave a path to a specific career in tech.

IT 123

IT Reporting Risk Consulting 123

CIO Business Intelligence

NOVEMBER 27, 2023

Developing and deploying successful AI can be an expensive process with a high risk of failure. Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. The possibilities are endless, but so are the pitfalls.

Risk 131

Risk Cost-Benefit Modeling IoT 131

CIO Business Intelligence

OCTOBER 25, 2023

Enterprise use of AI tools will only grow, with industries like manufacturing leading the charge Our research shows that mirroring the broader AI trend, enterprises across industry verticals sharply increased their use of AI from May 2023 to June 2023, with sustained growth through August 2023.

Enterprise 133

Enterprise Manufacturing Risk Finance 133

CIO Business Intelligence

OCTOBER 23, 2024

The demand of GenAI will help nearly triple server sales from 2023 to 2028.” In fact, Gartner believes that cost is as big an AI risk as security or hallucinations. Analysts at this week’s Gartner IT Symposium/Xpo spent tons of time talking about the impact of AI on IT systems and teams.

Enterprise 128

Enterprise IT Cost-Benefit Measurement 128

CIO Business Intelligence

FEBRUARY 13, 2023

Earlier this year, Broadcom commissioned extensive industry research to learn how VSM adoption is evolving and which key trends are emerging in 2023. The findings from this survey are now available in a report entitled “ 2023 Value Stream Management Trends.” By the end of 2023, 60% of organizations will be shipping products using VSM.

Digital Transformation 145

Digital Transformation Management Reporting Data-driven 145

IBM Big Data Hub

MARCH 27, 2024

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

Risk Forecasting Insurance Strategy 60

CIO Business Intelligence

JUNE 11, 2024

Dave Gruber, principal analyst at Enterprise Strategy Group, and unconnected with the study, said his own research showed that around 56% of ransomware victims paid ransoms to accelerate recovery in 2023, yet those most prepared paid up to 20% less often. Global 2000 companies are spending an average of $23.8

Enterprise 117

Enterprise IT Risk Strategy 117

CIO Business Intelligence

NOVEMBER 15, 2023

Here’s some of the top AI news CIOs will want to take away from Microsoft Ignite 2023. Organizations concerned about the risks of maintaining such written records will be able to turn the feature off by default or per meeting. The new Copilot will be generally available from Dec.

Sales 135

Sales Enterprise Modeling Dashboards 135

CIO Business Intelligence

DECEMBER 13, 2023

Shumon Zaman, Chief Digital and Information Officer at Ali&Sons explains to CIO Middle East what are the top 7 technologies that have changed the tech landscape in 2023. trillion in economic value (according to Mckinsey) through specific use cases and productivity enhancements, emphasizing its significant potential.

Machine Learning 117

Machine Learning Software Testing Risk 117

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 113

Risk Risk Management Strategy Enterprise 113

Laminar Security

JUNE 8, 2023

This widespread cloud transformation set the stage for great innovation and growth, but it has also significantly increased the associated risks and complexity of data security, especially the protection of sensitive data. billion in 2023 , a 20.7% Worldwide spending on public cloud services is expected to reach $591.8

Statistics 82

Statistics Risk Reporting Unstructured Data 82

CIO Business Intelligence

JANUARY 9, 2024

The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. AI has been around for a long time,” he says, “but when gen AI came out and really exploded in early 2023, a lot of firms — including ours — said no to it.

IT 140

IT Risk Cost-Benefit Enterprise 140

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

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

Smart Data Collective

MARCH 15, 2023

Furthermore, with the widespread adoption of cloud-based solutions, the risk of cyber-attacks has increased significantly. Therefore, it is imperative that businesses prioritize the implementation of robust cloud data security measures to protect sensitive data and mitigate the risks of cyber-attacks.

Risk 93

Risk Measurement Visualization Management 93

CIO Business Intelligence

FEBRUARY 27, 2023

To understand how organizations may be approaching their cloud strategies and tech investments in 2023, members of VMware’s Tanzu Vanguard community shared their insights on what trends will take shape. The growth of Kubernetes, and the benefits it brings to organizations, is not something that is going away.

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

Timo Elliott

MAY 8, 2023

With help from SAP solutions, the team is now in a better position to pro-actively mitigate risks, and potential failures, by enabling proactive scheduled preventive maintenance strategies with increased availability. To get the details information, you can read the summary blogpost , or or listen to the podcast with Tamara McCleary.

IoT 104

IoT Cost-Benefit Machine Learning Risk 104

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

CIO Business Intelligence

NOVEMBER 7, 2023

As the end of 2023 approaches, it becomes imperative to assess the current landscape of cybersecurity threats, explore potential strategies to combat them, and explore the new practice measures that can be taken. PAM can help prevent insider threat risks and reduce the potential of credentials becoming compromised.

Measurement 130

Measurement Risk Strategy Statistics 130

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 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. Its conclusions were less than optimal.

IT 109

IT Measurement Risk Testing 109

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

IBM Big Data Hub

JUNE 19, 2023

trillion in 2023 because of these disruptions. The report estimates that developing countries could lose up to USD 426 billion in 2023 because of these disruptions. Companies can manufacture products closer to the consumer, reducing the risk of disruption caused by natural disasters and geopolitical instability.

Risk 77

Risk Manufacturing Reporting Modeling 77

CIO Business Intelligence

JULY 22, 2024

He worked with one insurance company that in 2023 made such a move, driven specifically by the desire to have a firm hold on its regulated data, for example. And he has seen some respond by moving workloads from the cloud back to on-premises data centers, a move they feel gives them better control over costs and privacy standards.

Optimization 127

Optimization Strategy IT Cost-Benefit 127

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 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

MAY 13, 2023

Artificial intelligence (AI) in 2023 feels a bit like déjà vu to me. And more specifically, how do CIOs, CSOs, and cybersecurity teams learn to deal with technology that may pose serious security and privacy risks? The good, the bad, and the scary I look at the good, the bad, and the scary of this recent Microsoft announcement.

Risk 136

Risk Marketing Enterprise Technology 136

CIO Business Intelligence

MARCH 21, 2024

In 2018, the day after his employer publicly announced it was being acquired, Lynn Lovelady, then VP of IT at Energen, received a pivotal phone call that would reshape his career. The Birmingham, Ala.-based To address the growing pains, Lovelady reinforced the importance of strategic planning for IT.

IT 109

IT Manufacturing Risk Management Risk 109

CIO Business Intelligence

MARCH 11, 2024

And yet, IT teams face significant challenges, including: • Addressing information overload • Predicting capacity planning • Assessing risks that are sometimes unknown • Meeting complicated regulatory standards Complexity is the common thread that runs through these challenges. IT professionals are already overwhelmed by alerts and tasks.

IT 98

IT Digital Transformation Reporting Predictive Analytics 98

CIO Business Intelligence

MAY 24, 2024

A key element for governance goals will be a well-informed IT life-cycle management strategy that includes a comprehensive decommissioning policy, which reduces security risks and improves sustainability metrics. Data from IDC [2] noted that circularity and life-cycle management were very to extremely important for the organization (69%).

Management 108

Management IT Cost-Benefit Metrics 108

CIO Business Intelligence

JUNE 10, 2024

According to a 2023 survey from Access Partnership and Amazon Web Services (AWS) , 92% of employers expect to be using AI-related solutions by 2028 and 93% expect to use generative AI within the upcoming five years. And they need people who can manage the emerging risks and compliance requirements associated with AI.

Strategy 135

Strategy IT Machine Learning Consulting 135

CIO Business Intelligence

AUGUST 28, 2023

Yet the leading tech execs who make up CIO’s 2023 CIO Hall of Fame share many of the same attributes, attitudes, and ambitions. And they express a commitment to continuous learning and a willingness to take risks — not just with technology but with their careers. That’s as true for CIOs as any other enterprise leader.

IT 98

IT Strategy Technology Sales 98

CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145

Risk Consulting Data Science Machine Learning 145

CIO Business Intelligence

FEBRUARY 24, 2023

As organizations move to the next generation of connectivity, they will also need to confront potential new security risks. There is also a risk of side-channel attacks, whereby an attacker is able to gain access to one piece of a virtualized infrastructure stack and then move laterally to exploit other connected elements.

Risk 120

Risk Digital Transformation IoT Enterprise 120

CIO Business Intelligence

FEBRUARY 14, 2024

People aren’t going back and decluttering because there’s no cost to that — except in your risk profile and your decreased search performance,” says Buckley. But the usual laundry list of priorities for IT hasn’t gone away. CIOs need to do all the things to make AI workloads run well and in a disciplined and hygienic way,” he says.

IT 143

IT Metadata Data-driven Management 143