CIO Business Intelligence

OCTOBER 20, 2022

Use AI-enabled software to implement anti-phishing security measures In-house cybersecurity training is no longer a time- and skill-intensive process, given the prevalence of AI-based phishing awareness platforms. Schedule regular security and phishing training for employees and remedial measures for those who fail tests.

Measurement 139

Measurement Reporting Enterprise Software 139

Timo Elliott

FEBRUARY 8, 2023

New cloud platform technologies have unleashed new opportunities for business model innovation. ActoVent in Germany is a great example of this trend, and has explained the technical and business opportunities in their entry to the SAP Innovation Awards 2023.

Modeling 98

Modeling Cost-Benefit Optimization Machine Learning 98

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. Climate models provide answers Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. degrees Celsius (2.66

Modeling 114

Modeling Forecasting Reporting Risk 114

CIO Business Intelligence

JANUARY 4, 2023

Cloud, sustainability, scale, and exponential data growth—these major factors that set the tone for high performance computing (HPC) in 2022 will also be key in driving innovation for 2023. Due to the rapid growth in data sizes, there’s an increased need for HPC solutions that can run large training models.

Cost-Benefit 59

Cost-Benefit Machine Learning Modeling Uncertainty 59

CIO Business Intelligence

DECEMBER 28, 2023

While 2023 brought on many changes to IT departments around the world, by far the biggest surprise was generative AI. A range of priorities But AI wasn’t the only thing on the minds of CIOs in 2023. Most organizations, including Telenor Sweden, continued to move assets to the cloud in 2023. “We

IT 122

IT Manufacturing Machine Learning IoT 122

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. Worse, it said “adversaries are accelerating and widening their range of sophisticated attacks at scale through automation, cybercrime-as-a-service models, impersonations and adaptation.”

IT 101

IT Measurement Risk Testing 101

CIO Business Intelligence

MAY 5, 2023

While enterprise IT orgs by and large are taking a measured approach , some early movers are showing impressive results. The combination of CarMax’s revolutionary digital business model applied to the used-car business with revolutionary AI tools available to all makes for powerful and profitable business outcomes. billion overall.

Digital Transformation 144

Digital Transformation Cost-Benefit Business Driver Data Lake 144

CIO Business Intelligence

JUNE 30, 2023

It’s well acknowledged that data, when used correctly, has the potential to be a strategic growth asset driving innovation – and with the recent developments in large language models (LLM) for AI, data is really having its day in the sun. To win the game, you need a modern, future-proof business plan.

Internet of Things 81

Internet of Things Strategy Data Strategy Risk 81

CIO Business Intelligence

MAY 14, 2024

Enterprises need to ensure that private corporate data does not find itself inside a public AI model,” McCarthy says. You don’t want a mistake to happen and have it end up ingested or part of someone else’s model. The excitement and related fears surrounding AI only reinforces the need for private clouds.

IT 139

IT Data Processing Enterprise Modeling 139

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. These changes may include requirements drift, data drift, model drift, or concept drift. Validation is a virtue, but generalization is vital: a model may work well once, but not on the next batch of data.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

JANUARY 24, 2024

The company had 107,602 full-time employees at the end of December 2023. However, SAP does mention that most of the 8,000 affected positions are likely to be covered by “voluntary leave programs and internal re-skilling measures,” which means that despite the restructuring, the headcount will remain the same by the end of the year.

Consulting 132

Consulting Data-driven Measurement Enterprise 132

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. The NIS2 requirement to adopt Zero Trust principles reflects the shortcomings of models based on implicit trust. March 2023. i] S ievers, T. European Union.

IoT 75

IoT Measurement Manufacturing Finance 75

IBM Big Data Hub

MAY 31, 2024

Responsible AI services improve taxpayer experiences According to the FTA’s Tax Administration 2023 report, 85% of individual taxpayers and 90% of businesses now file taxes digitally. The use of these AI assistants also helps streamline fast, accurate answers that deliver elevated experiences with measurable cost savings.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

CIO Business Intelligence

OCTOBER 5, 2023

As the pace of innovation speeds up, tomorrow’s front runners are those who readily embrace disruptive technologies to spearhead new business models and capture new avenues of growth. At the same time, the influx of new technologies and new business models is introducing myriad vulnerabilities and expanding the threat surface area.

Technology 116

Technology Digital Transformation Data-driven Modeling 116

IBM Big Data Hub

MAY 28, 2024

Companies continue to create more attack surfaces with hybrid models, scattering critical data across cloud, third-party and on-premises locations, while threat actors constantly devise new and creative ways to exploit vulnerabilities. In May 2023, Ireland’s data protection authority imposed a USD 1.3

Strategy 82

Strategy Measurement Risk Cost-Benefit 82

FineReport

APRIL 26, 2023

For example, a computer manufacturing company could develop new models or add features to products that are in high demand. With Big Data Analytics, businesses can make better and quicker decisions, model and forecast future events, and enhance their Business Intelligence. How to Choose the Right Big Data Analytics Tools?

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

CIO Business Intelligence

SEPTEMBER 26, 2023

But because electricity consumption was easy to gauge, there was no urgency for measuring current and low voltage power flows. But the measuring solution was complex and required frequent manual adaptions as solar PV systems increased. Without real-time power measurements, estimated power values were being used.

Machine Learning 97

Machine Learning Forecasting Measurement Data Warehouse 97

CIO Business Intelligence

FEBRUARY 15, 2024

Graded’s Ardolino says that when he presents a project to top management, he starts with a descriptive overview and then combines KPIs that can measure the estimated positive impact in different business areas, for example reduction in man hours or the benefits of data retrieval. The experience is similar to CNR’s, according to Puccinelli. “In

Strategy 109

Strategy Digital Transformation Cost-Benefit Forecasting 109

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. Interpretation of our machine learning model suggests buying $50k in building coverage and $100k in warehouse content coverage, as the latter significantly boosts predicted flood claim payouts.

Optimization 52

Optimization Insurance Machine Learning Risk 52

CIO Business Intelligence

JUNE 21, 2022

By 2023, 40% of Australian CIOs will be primarily measured for their ability to co-create new business models and outcomes through extensive enterprise and ecosystem-wide collaboration, IDC predicts.

Digital Transformation 115

Digital Transformation Metrics Business Intelligence Measurement 115

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 134

IT Cost-Benefit Key Performance Indicator Dashboards 134

DataKitchen

MARCH 16, 2023

How to measure your data analytics team? Gartner attempted to list every metric under the sun in their recent report , “T oolkit: Delivery Metrics for DataOps, Self-Service Analytics, ModelOps, and MLOps, ” published February 7, 2023. Under Velocity, the Mean Time to Deliver Data metric measures the time it takes to deliver data.

Metrics 130

Metrics Data Analytics Analytics Measurement 130

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 134

Risk Manufacturing Enterprise Technology 134

CIO Business Intelligence

MAY 7, 2024

All business models, across all industries, and especially in Germany, are undergoing fundamental changes. It’s about more essential topics such as process standardization and the definition of new business models. We offer high-quality service-level agreements, high system availability, and robust cybersecurity measures.

Forecasting 109

Forecasting Data Processing Software Measurement 109

CIO Business Intelligence

JANUARY 11, 2024

2023 was a year made notable by a range of unexpected, unpredictable, and fast-moving challenges that, despite seemingly having little to do with technology, had profound impacts on IT strategies. We have to make sure everyone understands what they are doing, why they are doing it, and — most importantly — how success will be measured.”

IT 122

IT Uncertainty Cost-Benefit Strategy 122

CIO Business Intelligence

JULY 17, 2023

The Infrastructure-as-a-Service (IaaS) cloud computing model enables remote working, supports digital transformation, provides scale, increases resilience, and can reduce costs. Unless the model is understood and followed, it could lead to data, applications, and cloud workloads being exposed to security vulnerabilities.

Management 93

Management Data Processing Risk Digital Transformation 93

CIO Business Intelligence

MARCH 5, 2024

In 2023, enterprises worldwide spent $166 billion on AI solutions (AI software, hardware, and services), but that spending is expected to grow 27% per year to $423 billion by 2027, according to IDC’s report. “But But even though IT decision-makers will be scrutinizing AI and automation investments, you can rest assured they will invest.

Key Performance Indicator 105

Key Performance Indicator Cost-Benefit KPI Software 105

CIO Business Intelligence

JANUARY 15, 2024

year on year in the first 11 months of 2023, AI or no AI. But 2023’s rate of consumer spending growth is not necessarily sustainable in 2024, the NRF’s chief economist warned, so retailers may need all the help they can get. SAP will also progressively extend its existing Predictive Replenishment tool to store level.

Sales 88

Sales Software Forecasting Statistics 88

CIO Business Intelligence

FEBRUARY 27, 2024

Cloud exit’ became a big theme in 2023 and there’s good odds it’ll turn into a real trend for 2024. Like many complex businesses, we are an evolving hybrid model that maintains compute and storage capabilities in the public cloud, on-prem, with our co-location partner, and industry cloud partners,” Shields adds.

Strategy 143

Strategy Cost-Benefit Data Processing Data-driven 143

CIO Business Intelligence

JANUARY 24, 2023

A significant number of organizations are operating in a hybrid model — and expect to continue with that hybrid environment for the foreseeable future. Furthermore, the firm had predicted that the number of hybrid workers would continue to increase, hitting 55% as we enter 2023. Other reports confirm that hybrid work is here to stay.

Strategy 142

Strategy Consulting Technology Software 142

DataKitchen

MARCH 12, 2024

Data errors can cause compliance risks. Business users lose trust in the data and have an opportunity cost. If data teams are not manually chasing production errors and their root causes, they will have more time to add value to your business.

Metrics 117

Metrics Software Cost-Benefit Testing 117

Smart Data Collective

SEPTEMBER 13, 2023

Welcome to 2023, the age where screens are more than mere displays; they’re interactive communication portals, awash with data and always hungry for more. These screens can collect data at a monumental scale: tracking eye movements, calculating linger time, measuring crowd density, and even observing emotional reactions.

Big Data 112

Big Data Analytics Interactive Advertising 112

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.

IT 109

IT Manufacturing Risk Management Risk 109

CIO Business Intelligence

APRIL 5, 2023

The pandemic of 2020 forced the rest of the world to move knowledge workers out of the office into fully or partially remote work models. We’re settling on a hybrid model of digital work. DEX turns measurement and metrics inward, then captures even more value from the intentional feedback and non-verbal cues provided by employees.

Cost-Benefit 108

Cost-Benefit Metrics Measurement Digital Transformation 108

CIO Business Intelligence

AUGUST 24, 2023

Multinational data infrastructure company Equinix has been capitalizing on machine learning (ML) since 2018, thanks to an initiative that uses ML probabilistic modeling to predict prospective customers’ likelihood of buying Equinix offerings — a program that has contributed millions of dollars in revenue since its inception.

Sales 78

Sales Data-driven Digital Transformation Machine Learning 78

CIO Business Intelligence

APRIL 8, 2024

Risk Mitigation Modeling can then be used to analyze training data and determine a player’s ideal training volume while minimizing injury risk. Souza’s advice: Cultivate curiosity. It’s really about having a mindset where you’re curious,” she says.

Analytics 98

Analytics Broadcasting Predictive Analytics Metrics 98

CIO Business Intelligence

MARCH 11, 2024

Customer experience will be a key target for gen AI infusions, with 35% of CX executives agreeing that the acceleration of innovative capabilities such as gen AI and Web3 will have a significant impact on future CX strategies, according to an October 2023 IDC FutureScape report on customer experience trends.

Data-driven 69

Data-driven Strategy ROI Machine Learning 69