IBM Big Data Hub

MAY 28, 2024

According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 In May 2023, Ireland’s data protection authority imposed a USD 1.3 Data risk management To protect their data, organizations first need to know their risks.

Strategy 82

Strategy Measurement Risk Cost-Benefit 82

IBM Big Data Hub

FEBRUARY 19, 2024

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.

Strategy 81

Strategy Management Forecasting Cost-Benefit 81

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

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility. This technology can also help reduce the risk of regulatory non-compliance.

Cost-Benefit 78

Cost-Benefit Scorecard Risk Recreation/Entertainment 78

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. How is your business impacted by generative AI?

Strategy 98

Strategy Risk Enterprise Risk Management 98

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

JANUARY 16, 2024

While high interest rates and inflation concerns are carrying over into the new year, financial services trends signal to prepare for major changes in real-time by staying up-to-date on all financial services-related matters, including in banking and capital markets sectors. This is something we’re likely to see more of this year.

Risk Management 48

Risk Management Insurance Cost-Benefit Risk 48

CIO Business Intelligence

JUNE 26, 2023

According to the 2023 State of the CIO , CIOs are more involved in leading digital transformation initiatives compared to business leaders (84%), serve as change agents (85%), have revenue responsibilities (68%), and partner closely with the CEO and board of directors (77%). Cultivate an appetite for risk. Competitive fire is a must.

IT 119

IT Consulting Software Digital Transformation 119

IBM Big Data Hub

JUNE 23, 2023

Generative AI empowers faster and better data-driven decisions based on historical data, market trends and the use of AI foundation models that identify patterns and anomalies often missed by traditional analysis methods. Risk management and controls are an imperative in F&A. Apply the controllership lens.

Finance 56

Finance Consulting Data-driven Risk 56

CIO Business Intelligence

AUGUST 23, 2023

To do so, they explored the optimization problem of “cardinality constraints” and developed a hybrid quantum-classical approach to financial index tracking portfolios that maximizes returns and minimizes risk. Their work earned them a 2023 US CIO 100 Award for IT innovation and leadership.

IT 97

IT Machine Learning Risk Optimization 97

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. Average salary: US$151,364 Increase from 2021 : 2.3%

IT 116

IT Software Risk Management 116

Jet Global

AUGUST 28, 2023

29, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced it acquired Vizlib , a UK-based software company that builds powerful value-added products for Qlik Sense.

Dashboards 75

Dashboards Visualization Finance Data Quality 75

IBM Big Data Hub

SEPTEMBER 20, 2022

It’s how top organizations improve customer interactions and accelerate time-to-market for goods and services. Alongside the significant brand reputation risk, there’s also a growing set of data and AI regulations across the world and across industries — like the upcoming European Union AI Act — that companies must adhere to.

Metadata 56

Metadata Machine Learning Data-driven Modeling 56

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. “The The upside of recent tech layoffs is that there has been more cloud talent on the market this year. “We Work closely with HR.

IT 98

IT Data Science IoT Digital Transformation 98

CIO Business Intelligence

MARCH 13, 2024

Infatti, secondo il “Report Imprese e Ict 2023” di Istat, la mancanza di competenze è il primo freno all’adozione delle tecnologie IA in Italia: il 55,1% delle imprese che hanno preso in considerazione il suo utilizzo senza poi adottarla ha rinunciato per carenza di skill e comprensione delle possibilità per il proprio business.

Machine Learning 105

Machine Learning Deep Learning Big Data Testing 105

CIO Business Intelligence

MAY 20, 2024

Krishna Prasad, chief strategy officer and CIO at UST, a digital transformation solutions company, says that cybersecurity not only remains top of mind but an area of significant work for IT as it’s tasked with executing much of the risk-mitigation efforts. Risk management came in at No. Foundry / CIO.com 3. For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

Cloudera

APRIL 18, 2024

In the financial sector, regulations are essential for financial institutions to maintain stability by preventing excessive risk-taking, ensuring adequate capitalization and reducing the likelihood of failures or financial crises. What is DORA?

Risk Management 76

Risk Management Risk Testing Management 76

Cloudera

FEBRUARY 15, 2024

While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008. It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008.

Insurance 89

Insurance Data Architecture Risk Management Risk 89

AWS Big Data

JANUARY 31, 2024

million eligible contracts, OPRA plays a pivotal role in providing comprehensive market data. This enhancement aims to optimize symbol distribution and line capacity utilization in response to escalating trading activity and volatility in the US options market. With 18 active US Options exchanges and over 1.5 GBits per second.

Marketing 84

Marketing Analytics Visualization Strategy 84

IBM Big Data Hub

FEBRUARY 8, 2024

The European Parliament reached a provisional agreement on the EU AI Act in December 2023, it is now making its way through the final phases of the legislative process and is expected to rollout in stages in the second half of 2024. Higher risk tiers have more transparency requirements including model evaluation, documentation and reporting.

Risk Management 72

Risk Management Risk Metrics Machine Learning 72

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Risk 55

Risk Machine Learning Risk Management Measurement 55

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. CEOs increasingly know and understand that,” says RJ Juliano, senior vice president, CIO, and chief marketing officer of Parkway Corp.,

IT 131

IT Digital Transformation ROI Strategy 131

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 131

IT Risk Optimization Technology 131

CIO Business Intelligence

JUNE 14, 2023

The annual Gartner Security and Risk Management Summit is one of them, and I’m looking forward to attending it this year. According to Gartner®, SASE is the convergence of WAN edge and security from vendors spanning multiple markets.[2] By John Watts, Nat Smith, Jonathan Forest, May 2023. and/or its affiliates in the U.S.

Risk Management 118

Risk Management Data Processing Risk Marketing 118

CIO Business Intelligence

JULY 12, 2023

Last week, I attended the annual Gartner® Security and Risk Management Summit. The event gave Chief Information Security Officers (CISOs) and other security professionals the opportunity to share concerns and insights about today’s most pressing issues in cybersecurity and risk management. See you there.

Risk Management 98

Risk Management Risk Digital Transformation Strategy 98

CIO Business Intelligence

JUNE 8, 2023

According to Foundry’s 2023 State of the CIO Research, technology budget growth is seeing pre-pandemic levels. 91% of CIOs expect their tech budget to either increase or stay the same in 2023. Recalibrating the Cloud Strategy: During pandemic, everyone rushed to cloud adoption without understanding its entire scope.

Strategy 98

Strategy Data-driven Interactive Digital Transformation 98

Octopai

JUNE 16, 2021

Do you ever feel like taking risks? . If you’re a bank, however, taking risks doesn’t just have implications for you, but for all your customers and (if you’re big enough) for the economy as a whole. . The Basel III framework, as well as Basel IV, call for regulation changes in multiple areas, including: Credit risk.

Management 52

Management Risk Management Risk Visualization 52

Cloudera

AUGUST 21, 2021

It must support a variety of data sources to enable timely and relevant services to meet customer needs effectively while maintaining flexibility to adjust to evolving market developments. . Addressing new customers and markets. Data enables better informed critical decisions, such as what new markets to expand in and how to do so.

Data-driven 103

Data-driven Digital Transformation Risk Risk Management 103

CIO Business Intelligence

DECEMBER 6, 2023

Organizations need to have an honest look at their hygiene, priorities, and data sensitivities to ensure they’re plugging GenAI tools into the areas where they get maximum reward and minimized risk.” Assume AI is always right Impressive as they are, generative AI tools are inherently probabilistic.

IT 133

IT Risk Management Interactive Modeling 133

CIO Business Intelligence

DECEMBER 7, 2022

Gartner predicts 2023 IT spending will grow 5.1% Analyst firm IDC expects more of a moving target on tech budgets due to market volatility, the strength of the US dollar, inflation rates, and continued slow global growth due to economic drag by China and other key countries.

IT 132

IT Insurance Cost-Benefit Risk Management 132

IBM Big Data Hub

APRIL 21, 2023

CSRD will be mandatory for all large European companies and companies listed on the EU regulated markets, including EU subsidiaries of non-EU parent companies. CSRD is mandatory for all large European companies and those listed on the EU-regulated markets, including EU subsidiaries of non-EU parent companies.

Reporting 43

Reporting Metrics Risk Strategy 43

Laminar Security

MAY 3, 2023

According to our recent State of Cloud Data Security Report 2023 , 77% of organizations experienced a cloud data breach in 2022. This accessibility of data is vital to business growth, but has also resulted in a significant increase in risk. At Laminar, we refer to those “unknown data repositories” as shadow data.

Management 52

Management Risk Risk Management Data Processing 52

Jet Global

JULY 28, 2023

Across Europe, the Middle East, and Africa (EMEA), organizations have transitioned from optimism to pragmatism post-COVID-19, preparing for potential recession while emphasizing digitization and resilience to navigate global market trends. The State of Finance in EMEA Finance teams worldwide have been deeply impacted by market uncertainty.

Finance 52

Finance Uncertainty Reporting Forecasting 52

Jet Global

NOVEMBER 29, 2023

insightsoftware is thrilled to be recognized as a Niche Player in the 2023 Gartner Magic Quadrant (MQ) for Financial Close and Consolidation Solutions (FCCS). Understanding the Magic Quadrant The Magic Quadrant graphic is a disarmingly simple representation of the state of a market. Market Responsiveness.

Reporting 52

Reporting Marketing Software Management 52