Smart Data Collective

MARCH 15, 2023

This entails implementing a wide range of robust security measures that can protect cloud infrastructure, applications, and data from advanced cyber threats. Furthermore, with the widespread adoption of cloud-based solutions, the risk of cyber-attacks has increased significantly.

Risk 93

Risk Measurement Visualization Management 93

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

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

IBM Big Data Hub

AUGUST 3, 2023

Organizations cannot risk unnecessary unplanned downtime or increased latencies because an application failed or underperformed. Software downtime is a huge organizational risk because it decreases customer satisfaction and potentially violates a service-level agreement with end users. million in 2023, a 15% increase over 3 years.

Measurement 68

Measurement Metrics Risk Software 68

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. Printers are often not subject to the rigorous security measures routinely applied to computing devices; for example, complex passwords and rigorous patching and software update regimes.

IT 111

IT Measurement Risk Testing 111

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 130

IoT Enterprise Manufacturing Measurement 130

CIO Business Intelligence

NOVEMBER 23, 2022

The biggest challenge when it comes to cyber crime is that there are so many different security risks to manage. Three of the biggest risks moving into 2023 and beyond are: Ransomware – in which a malicious program infects a computer, locking access to all files until a ransom is paid to gain access to an unlock key.

Risk 97

Risk Data-driven Software Measurement 97

IBM Big Data Hub

AUGUST 1, 2023

According to the IBM Security X-Force Threat Intelligence Index 2023 , for the second year in a row, phishing was the leading cyber threat, identified in 41% of incidents. Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation.

Risk 59

Risk Management Machine Learning IoT 59

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. The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. But what will the impacts of climate change be in the future?

Modeling 122

Modeling Forecasting Reporting Risk 122

CIO Business Intelligence

OCTOBER 16, 2023

Researchers for the 2023 DBIR identified system intrusion, social engineering and basic web application attacks as the most common attack patterns that led to breaches and data theft. PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three. Compliance with PCI DSS v4.0

Gap analysis 128

Gap analysis Consulting Risk Measurement 128

CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. Can I also trust the mechanism by which I share that data without exposing myself inappropriately to risk? Most boards of directors are ready to take risks.

Internet of Things 104

Internet of Things Strategy Risk Data Strategy 104

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. Qlik Key Findings: In the US alone, there’s $367 billion in agricultural commodities at risk to flooding in the US alone. million people at risk of catastrophic, flooding. In 2000, the Netherlands had 8.5

Optimization 52

Optimization Insurance Machine Learning Risk 52

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. How does persistent funding reduce risk? We set up a persistent pilot team at Rest in 2023 to test out the concept.

Modeling 124

Modeling Cost-Benefit IT ROI 124

CIO Business Intelligence

APRIL 8, 2024

Working with partner Amazon Web Services (AWS), the NFL has developed Digital Athlete, a platform that uses computer vision and ML to predict which players are at the highest risk of injury based on plays and their body positions. Souza’s advice: Cultivate curiosity. It’s really about having a mindset where you’re curious,” she says.

Analytics 118

Analytics Broadcasting Predictive Analytics Metrics 118

CIO Business Intelligence

JULY 6, 2023

Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA. From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees.

Cost-Benefit 96

Cost-Benefit Risk Digital Transformation Risk Management 96

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. Our measure of success is that nearly two dozen instances of ILDA have been created to date,” says Tepe.

Risk 98

Risk IT Software Digital Transformation 98

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Respond to threats quickly.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

IBM Big Data Hub

JANUARY 15, 2024

How do organizations avoid the digital risks of ‘technology misuse’ and achieve efficient innovation that ‘technology promotes production’? The plan aimed to address digital transformation along with a digital construction plan for 2023. The path of digital transformation is fraught with challenges.

Digital Transformation 75

Digital Transformation Insurance Optimization ROI 75

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 111

IT Manufacturing Risk Management Risk 111

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 141

Risk Manufacturing Enterprise Technology 141

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. March 2023. NIS2 regulations expand on previous directives, most notably by broadening the scope of organizations subject to its cybersecurity requirements.

IoT 97

IoT Measurement Manufacturing Finance 97

DataKitchen

MARCH 12, 2024

Our vision was to create a flexible, state-of-the-art data infrastructure that would allow our analysts to transform the data rapidly with a very low risk of error. Data errors can cause compliance risks. .” — Associate Director, Insights, Top 10 global pharmaceutical company. That was amazing for the team.”

Metrics 120

Metrics Software Cost-Benefit Testing 120

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 105

Machine Learning Forecasting Measurement Data Warehouse 105

CIO Business Intelligence

JULY 28, 2023

While every breach is unique, it is important to outline the attack, what customers need to do to protect themselves and the changes being made to reinforce security measures. This is extremely important if it is suspected that customers’ data has been compromised.

Strategy 97

Strategy Enterprise Forecasting Risk 97

CIO Business Intelligence

JULY 17, 2023

Cloud infrastructure is especially sensitive, as many critical applications are at risk, such as customer-facing applications. According to the 2023 Verizon Data Breach Investigations Report (DBIR), the majority of cyber attacks are led by organized criminals looking to disrupt business and steal data to sell.

Management 98

Management Data Processing Risk Digital Transformation 98

CIO Business Intelligence

DECEMBER 7, 2023

In 2017, the university created its Education and Research Center for Disaster Risk Reduction and Redesign that focuses on disaster relief – including disaster medicine, prevention education, and reconstruction design. So far, the solution has increased details about disaster-response risk by 40% over traditional methods.

IoT 108

IoT Internet of Things Forecasting Digital Transformation 108

CIO Business Intelligence

MARCH 20, 2023

By Serge Lucio, Vice President and General Manager, Agile Operations Division This is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. In 2023 and beyond, effective network operations (NetOps) will demand more extensive coverage of user experience metrics than ever before.

Data-driven 105

Data-driven Metrics Digital Transformation Measurement 105

O'Reilly on Data

APRIL 23, 2024

Amazon ’s most recent quarterly disclosures (Q4, 2023), for example, show year-on-year growth in online sales revenue of 9%, but growth in fees of 20% (third-party seller services) and 27% (advertising sales). It appears to have worked—for now. The next generation will shape human cognition, creativity, and interaction even more profoundly.

Advertising 268

Advertising Cost-Benefit Marketing Risk 268

FineReport

APRIL 26, 2023

These objectives should be broken down into measurable analytical goals, and the chosen tool should be able to meet those goals. While most big data tools have good security and governance measures in place, it is important to conduct a detailed review of the security features. Top 10 Big Data Tools 1.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

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 Most of those at risk of climate change-linked hunger are in Sub-Saharan Africa, South Asia and Southeast Asia, according to the World Bank.

Insurance 66

Insurance Risk Strategy Risk Management 66

IBM Big Data Hub

FEBRUARY 23, 2024

billion fine in 2023. Create a recordkeeping system Organizations with more than 250 employees, and companies of any size that regularly process data or handle high-risk data, must keep written electronic records of their processing activities. Even the world’s biggest businesses are not free from GDPR woes.

Measurement 83

Measurement Risk Data Collection Data Processing 83

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? 2) Why should your organization be doing it and why should your people commit to it? (3)

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

Smart Data Collective

MAY 25, 2023

Fortunately, there are a number of measures that small businesses can take to protect their sensitive information from unauthorized access. Cybercriminals target these businesses primarily due to their resource inadequacy and often lack of progressive cyber security measures. This reduces the risk of damages associated with breaches.

Internet of Things 91

Internet of Things Cost-Benefit Risk Software 91

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 101

IoT Internet of Things Manufacturing Risk 101

Smart Data Collective

MARCH 6, 2022

By 2023, 33% of companies will practice decision intelligence. Since data is constantly moving during business intelligence operations, additional security measures need to be implemented to ensure no weak spots at different points during data processing. Why Should You Use Business Intelligence?

Business Intelligence 113

Business Intelligence Big Data Internet of Things Optimization 113

Cloudera

FEBRUARY 23, 2023

The healthcare industry, in partnership with government agencies, must engage with a robust modern data management solution that can extract electronic health data in the form of controlled substance data, prescriber data, and patient data and transform it into meaningful, measurable, and actionable information.

Data Analytics 75

Data Analytics Analytics Data Processing Risk 75

IBM Big Data Hub

FEBRUARY 7, 2024

Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events. The goal is for there to be more nature by 2030 than there is today—which means taking actionable steps in 2024.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99