CIO Business Intelligence

JANUARY 30, 2024

Corporate ESG reporting is getting real for companies around the globe. Enacted and proposed regulations in the EU, US, and beyond are deepening reporting requirements in an effort to change business behavior. The foundation for ESG reporting, of course, is data. The foundation for ESG reporting, of course, is data.

Reporting 94

Reporting Data Quality Strategy Data-driven 94

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 119

IoT Enterprise Manufacturing Internet of Things 119

CIO Business Intelligence

MARCH 4, 2024

Globally, 2023 was a challenging year for organisations looking to stay one step ahead of cyber criminals. In a stark warning, Tanium’s Cybersecurity in Europe report spells out the current threat level in no uncertain terms. “[Across Europe] we are seeing breaches in all industries, from airlines to retail, from banking to manufacturing.

Manufacturing 109

Manufacturing Risk Reporting Risk Management 109

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 137

Digital Transformation Unstructured Data Machine Learning Risk Management 137

CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. Why is this sector at such risk? Cyberattacks on operational technology (OT) systems are rapidly rising.

Technology 89

Technology Strategy Manufacturing Digital Transformation 89

CIO Business Intelligence

NOVEMBER 15, 2023

By Gartner’s estimations, overall IT spending will grow in 2024 by 8%, more than double that of 2022 and 2023—2.9% Such a report has a legacy already, if only a short one. In many of the most engaging IT reports, content is organized principally around the priorities of the broader firm. and 3.5%, respectively. Good question.

Publishing 112

Publishing Reporting IT Finance 112

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing.

Enterprise 267

Enterprise Modeling Testing Reporting 267

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 129

Risk Manufacturing Enterprise Technology 129

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

Cost-Benefit 135

Cost-Benefit Metrics Insurance Measurement 135

CIO Business Intelligence

AUGUST 17, 2023

The COVID-19 global pandemic exposed the fragility of manufacturing supply chains, causing substantial shortages of essential products such as medical supplies, critical minerals, and semiconductors. The industrial sector has shown incredible resiliency and has been building back fast despite significant headwinds.

Manufacturing 86

Manufacturing Cost-Benefit Digital Transformation Risk 86

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. That’s the question many CIOs are asking, as some report they are now the ones raising points about business needs and business value whenever there’s a demand for an AI solution.

IT 117

IT Risk Cost-Benefit Enterprise 117

IBM Big Data Hub

OCTOBER 3, 2023

But this growth in digital sales can come with a hefty price tag for retailers and consumer goods businesses: a much greater risk of data breaches. The manufacturing industry has fared even worse as malicious organizations may seek to disrupt supply chains or expose intellectual property, among other things.

Manufacturing 81

Manufacturing Sales Reporting Strategy 81

CIO Business Intelligence

JANUARY 22, 2024

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Given that threat actors exploit critical vulnerabilities within mere hours of publication, this poses a serious security risk for companies. Respond to threats quickly.

Digital Transformation 112

Digital Transformation Risk Cost-Benefit Risk Management 112

Cloudera

JANUARY 5, 2023

As more industries mature digitally and widely adopt AI and machine learning technologies, 2023 will be a pivotal year for organizations looking to deploy emerging tech solutions company-wide to fulfill business objectives. This is especially so in industries like telecom, retail, healthcare, manufacturing, insurance, and financial services.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 91

Reporting Internet of Things Cost-Benefit Data-driven 91

CIO Business Intelligence

JULY 18, 2023

It was when Nvidia reported strong results for the three months to April 30, 2023, and forecast that its sales could jump by 50% in the following fiscal quarter, that its stock market valuation soared, catapulting it into the exclusive trillion-dollar club alongside well-known tech giants Alphabet, Amazon, Apple, and Microsoft.

Manufacturing 92

Manufacturing Forecasting Software Marketing 92

CIO Business Intelligence

DECEMBER 6, 2023

In a 2023 Freshworks Benchmark Report , 42.7% Supply chain efficiencies: With the complexity of today’s supply chains, manufacturers who rely on something like a product going viral on social, risk losing out on explosive customer demand. Faster resolution times can save retailers time and costs.

Manufacturing 89

Manufacturing Reporting Interactive Marketing 89

CIO Business Intelligence

AUGUST 14, 2023

The AI fragrance application trimmed years off what had been a lengthy process, based largely on human “hit-and-miss” calculations, enabling the company to manufacture and market new products while demand was at its peak. Participating partner Ernst & Young (China) was brought in to assist Huabao with constructing the digital landscape.

Key Performance Indicator 89

Key Performance Indicator Sales Manufacturing KPI 89

Smart Data Collective

DECEMBER 15, 2022

As the US Government Accountability Office warns, “ internet-connected technologies can improve services, but face risks of cyberattacks.” IEC 62443 or the International Electrotechnical Commission standard 62443 is a series of standards created to counter cyber risks involving operational technology in automation and control systems.

IoT 100

IoT Internet of Things Manufacturing Risk 100

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. In 2023, leading organizations in the region shifted gears towards DX 2.0,

Cost-Benefit 82

Cost-Benefit Risk Strategy Manufacturing 82

IBM Big Data Hub

JUNE 30, 2023

80% of manufacturers report MRO asset management in their facilities needs improvement 60% of construction companies admit their industry is behind when it comes to adopting digital technology 5 ways the industrial sector can improve its supply chain resiliency 1. This equipment is critical to expanding capacity for chip production.

Consulting 68

Consulting Cost-Benefit Manufacturing B2B 68

FineReport

APRIL 26, 2023

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. ” This type of Analytics includes traditional query and reporting settings with scorecards and dashboards. The most distinct is its reporting capabilities. Top 10 Big Data Tools 1.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

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 91

Strategy Risk Enterprise Risk Management 91

CIO Business Intelligence

SEPTEMBER 12, 2023

i] NIS2 was adopted in early 2023 as a response to increasing digitalization and rising cybersecurity threats stemming from the COVID-19 pandemic and the Russia-Ukraine War. Sectors now subject to NIS2 compliance include food production, processing, and distribution; postal and courier services; and manufacturing and digital providers. [ii]

IoT 70

IoT Measurement Manufacturing Finance 70

CIO Business Intelligence

APRIL 10, 2023

By Andy Nallappan, Chief Technology Officer & Head of Software Business Operations, Broadcom This is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. The continuing acceleration of that customization in the year ahead is why multi-cloud is one of the top technology trends transforming technology in 2023.

Enterprise 82

Enterprise Cost-Benefit Data-driven Software 82

CIO Business Intelligence

NOVEMBER 28, 2023

In the process, risk levels increase, reputation plummets and operational efficiency is severely compromised. Indeed, in the first half of 2023, IoT DDoS attacks surged by 300%, causing a $2.5 They can falsely approach vendors, partners, customers, and consumers. When should a developer access data on-premises or in the public cloud?

Management 96

Management IoT Sales Manufacturing 96

CIO Business Intelligence

APRIL 11, 2023

Over the next five years, the healthcare industry is expected to go through dramatic changes as service providers expand value-based care models and equipment manufacturers strive to keep pace in a digital-first world. Does this create any pressures on you and your IT organization to complete projects more quickly and with less risk involved?

Modeling 97

Modeling IT Strategy Uncertainty 97

datapine

NOVEMBER 27, 2019

The development of business intelligence to analyze and extract value from the countless sources of data that we gather at a high scale, brought alongside a bunch of errors and low-quality reports: the disparity of data sources and data types added some more complexity to the data integration process. 3) Artificial Intelligence.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

MAY 13, 2024

Overall, IT projects are meant to create a leaner, more profitable company, says Bilker, CIO of manufacturer Lift Solutions Holding. The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI.

IT 121

IT Digital Transformation ROI Strategy 121

CIO Business Intelligence

APRIL 28, 2022

Many organizations vest responsibility for creating what are usually called environmental, social, and governance (ESG) reports in a corporate sustainability officer or similar title. But not everyone thinks sustainability reporting should be concentrated in an already overburdened IT organization. Reporting the data.

Measurement 96

Measurement Reporting Data-driven Manufacturing 96

DataKitchen

MARCH 16, 2023

All you had to do was to write a few bullet points every week in the text for your report for last your boss. Where is your metrics report? What should be in that report about your data team? When data errors corrupt reports and dashboards, it can be extremely uncomfortable for the manager of the data team.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

CIO Business Intelligence

APRIL 29, 2024

CIOs must redirect resources when technologies as revolutionary as generative AI come to market or risk falling behind or becoming obsolete — in which case, hitting other strategic goals won’t matter much. The State of the Tech Workforce 2024 report from nonprofit CompTIA , forecasts tech employment growth of 3.1% Last year saw a 1.2%

IT 114

IT Consulting Technology Strategy 114

CIO Business Intelligence

APRIL 15, 2024

A smaller number (16% of IT leaders and 11% of LOB) sought out CIO consultation to help evaluate and advise on choices using a risk management or governance lens. On average, companies are reporting a 17% budget hike, slightly more than the 15% reported in the prior two years.

Digital Transformation 119

Digital Transformation Strategy Technology Enterprise 119

CIO Business Intelligence

AUGUST 15, 2023

From healthcare to manufacturing, this year’s award winners span a wide range of industries, proving once again the impact information technology has in reshaping business and society at large. A risk-limiting audit (RLA) is one audit type used for election verification. The project has been transformative for Generac’s business.

IT 88

IT Manufacturing IoT Cost-Benefit 88

IBM Big Data Hub

APRIL 18, 2024

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. Code (62%) : Gen AI helps developers write code more efficiently and with fewer errors.

Cost-Benefit 91

Cost-Benefit Modeling Manufacturing Interactive 91

CIO Business Intelligence

APRIL 20, 2023

His concerns are backed up by the Intergovernmental Panel on Climate Change (IPCC), which on March 20, 2023, said it’s unlikely the world will keep to its Paris Climate Accord promises. CIOs in organizations already with ESG maturity adopt data management, ESG reporting, and risk tools.

Consulting 81

Consulting Insurance Cost-Benefit Finance 81

CIO Business Intelligence

AUGUST 11, 2023

He and his IT team of about 250 IT pros worked with AT&T Cybersecurity to secure the new systems and with contract manufacturer Smartmatic to build the voting machines. For that open, secure voting infrastructure, Bhullar and his team have earned many awards, including a 2023 CIO 100 Award for IT innovation and leadership.

IT 92

IT Reporting Testing Software 92