CIO Business Intelligence

JULY 20, 2023

I’ll never forget the look on my first mortgage clients’ faces as they signed for their new home – the joy and relief washing over them in equal measure. Workflow automation and data analytics are streamlining document management, cross-checking data, assessing for risk, ensuring regulatory compliance, and so on. Security and privacy.

Technology 98

Technology Finance Advertising Digital Transformation 98

IBM Big Data Hub

AUGUST 3, 2023

Organizations increasingly depend on their technology stack—which comprises the totality of their network interfaces, CPUs, virtual machines, operating system information and installed applications—to deliver consistent service to the end user. million in 2023, a 15% increase over 3 years.

Measurement 63

Measurement Metrics Risk Software 63

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 108

IT Measurement Risk Testing 108

CIO Business Intelligence

NOVEMBER 14, 2023

billion devices reported in 2023. It also introduces new security challenges that demand our attention, especially as IoT is integrated into operational technology (OT) environments. 6 IoT vulnerabilities to watch out for Security risks are a significant concern for businesses using LoT and OT technology.

IoT 129

IoT Enterprise Manufacturing Internet of Things 129

IBM Big Data Hub

MAY 31, 2024

Recent research commissioned by IBM® indicates that as many as 42% of surveyed enterprise-scale businesses have actively deployed AI, while an additional 40% are actively exploring the use of AI technology. But tax agencies must adopt AI tools with adequate oversight and governance to mitigate risks and build public trust.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 What is a data protection strategy?

Strategy 82

Strategy Measurement Risk Cost-Benefit 82

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 87

Risk Data-driven Software Measurement 87

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 114

Modeling Forecasting Reporting Risk 114

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? Can we afford the necessary technology to underpin our new strategy?

Internet of Things 91

Internet of Things Strategy Data Strategy Risk 91

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 54

Risk Management Machine Learning IoT 54

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. Continuous and dependable funding facilitates IT leaders’ ability to deliver leading-edge technology solutions while not increasing technical debt. How does persistent funding reduce risk?

Modeling 123

Modeling Cost-Benefit IT ROI 123

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 139

Risk Manufacturing Enterprise Technology 139

CIO Business Intelligence

AUGUST 1, 2023

Data collection on tribal languages has been undertaken for decades, but in 2012, those working at the Myaamia Center and the National Breath of Life Archival Institute for Indigenous Languages realized that technology had advanced in a way that could better move the process along. “We

Risk 98

Risk IT Software Digital Transformation 98

IBM Big Data Hub

JANUARY 15, 2024

Enterprises now recognize the importance of leveraging innovative technologies to drive digital transformation and achieve cost efficiency. However, a lack of precise top-level planning and a narrow focus on technology without integration with business needs led to significant investments with suboptimal results for many companies.

Digital Transformation 67

Digital Transformation Insurance Optimization ROI 67

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

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 139

IT Cost-Benefit Key Performance Indicator Dashboards 139

CIO Business Intelligence

JULY 6, 2023

They use integration and analytics tools from the SAP Business Technology Platform along with the PwC best practices to link with client systems and provide a tool to meet the needs of both the goals and the laws. The PwC risk methodology provides continuous monitoring and analysis of 13 thematic areas including child labor and slavery, etc.

Cost-Benefit 82

Cost-Benefit Risk Digital Transformation Risk Management 82

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

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? (3)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

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 104

Machine Learning Forecasting Measurement Data Warehouse 104

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. Stay tuned for future blogs that dive into the technology behind these trends from more of Broadcom’s industry-leading experts.

Data-driven 103

Data-driven Metrics Digital Transformation Measurement 103

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

DECEMBER 7, 2023

But until recently , gathering accurate and timely data from multiple sources had been challenging for the local island governments because of a lack of equipment, process and format standardization, technology, and human resources. So far, the solution has increased details about disaster-response risk by 40% over traditional methods.

IoT 93

IoT Internet of Things Forecasting Digital Transformation 93

O'Reilly on Data

APRIL 23, 2024

The answer can be found in the theory of economic rents, and in particular, in the kinds of rents that are collected by companies during different stages of the technology business cycle. Then the cycle begins again with a new class of competitors, who are forced to explore new, disruptive technologies that reset the entire market.

Advertising 279

Advertising Cost-Benefit Marketing Risk 279

CIO Business Intelligence

JULY 17, 2023

As with all technology introductions, it’s important to have clear security policies, tools, processes, and training. Cloud infrastructure is especially sensitive, as many critical applications are at risk, such as customer-facing applications. Second, cyber criminals are well-organized and act fast.

Management 97

Management Data Processing Risk Digital Transformation 97

CIO Business Intelligence

JANUARY 18, 2024

Global spending on technology is predicted to be up by virtually all forecasts. They want someone who runs technology effectively but is also a driver and a thought partner. Technical vision: Planning, deploying, measuring, optimizing, and scaling for current and future state capacities is essential in today’s disruptive IT landscape.

IT 126

IT Data-driven Marketing Technology 126

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. Using Access Control Technology. Why Should You Use Business Intelligence?

Business Intelligence 111

Business Intelligence Big Data Internet of Things Optimization 111

Smart Data Collective

DECEMBER 15, 2022

As the US Government Accountability Office warns, “ internet-connected technologies can improve services, but face risks of cyberattacks.” The use of IoT devices and operational technology (OT) generates new attack surfaces that can expose an organization’s critical infrastructure to hackers and other threat actors.

IoT 100

IoT Internet of Things Manufacturing Risk 100

FineReport

APRIL 26, 2023

By leveraging Big Data technologies, companies can collect, store, and analyze information to make informed decisions and improve their operations. Time Saving : Big data tools and technologies can collect and analyze data from multiple sources in real-time, enabling businesses to make quick decisions based on insights.

Big Data 52

Big Data Data Analytics Analytics Cost-Benefit 52

IBM Big Data Hub

JUNE 5, 2024

million in 2023, according to IBM’s Cost of a Data Breach report. DORA is a European Union regulation that aims to establish technical standards that financial entities and their critical third-party technology service providers must implement in their ICT systems by 17 January 2025.

Cost-Benefit 48

Cost-Benefit Strategy Enterprise Measurement 48

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. Fortunately, new technology and training processes can help fight data breaches. These include implementing strong password policies, encrypting data, and regularly updating software and hardware.

Internet of Things 91

Internet of Things Cost-Benefit Risk Software 91

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. Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices.

Reporting 89

Reporting Internet of Things Cost-Benefit Data-driven 89

CIO Business Intelligence

NOVEMBER 9, 2023

As countless organizations race to investigate or adopt artificial intelligence technologies, many are building out an AI skilled workforce. They should be a champion for smart AI adoption, and be able to recognize and balance AI benefits with risks. This approach isn’t just about technological novelty.

IT 129

IT Strategy Reporting Visualization 129

CIO Business Intelligence

APRIL 27, 2023

But despite the bumpy year, demand for technology skills remains strong, with the US tech unemployment rate dropping to 1.5% Companies can’t ignore digital transformation as technology continues to dominate nearly every aspect of business and daily-life. as of January. Average salary : US$153,354 Increase from 2021 : n/a 4.

IT 115

IT Software Risk Management 115

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 59

Insurance Risk Strategy Risk Management 59

Jen Stirrup

MAY 22, 2024

Together, the progress seeks to empower developers, organizations, and individuals using Microsoft technologies, reflecting the company’s commitment to leading the way in the AI revolution. It is sound to align across Microsoft technologies with a focus on architecture. What are the risks of RAG for businesses?

Cost-Benefit 45

Cost-Benefit Risk Modeling Business Objectives 45

CIO Business Intelligence

APRIL 28, 2022

Measurement is technology-intensive. IT organizations are also driving the build-out of the edge computing networks that will be used to measure emissions in the field. IT organizations are also driving the build-out of the edge computing networks that will be used to measure emissions in the field. Is it perfect?

Measurement 98

Measurement Reporting Data-driven Manufacturing 98