CIO Business Intelligence

MAY 14, 2024

As we are testing and dipping our toes in the water with AI, we are choosing to keep that as private as possible,” he says, noting that the public cloud has the horsepower needed for many LLMs of today but his company has the option of adding GPUs if needed via its privately owned Dell equipment. We have no choice. Semple says.

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. 3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? Test early and often. Test and refine the chatbot. Conduct market research.

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

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

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. Supporting us with our repository for developers with a kind of a testing deployment architecture for continuous updates and employment and deployment.

Risk 98

Risk IT Software Digital Transformation 98

IBM Big Data Hub

AUGUST 9, 2023

A phishing simulation is a cybersecurity exercise that tests an organization’s ability to recognize and respond to a phishing attack. They also help security teams pinpoint vulnerabilites, improve overall incident response and reduce the risk of data breaches and financial losses from successful phishing attempts.

Testing 83

Testing Measurement Behavioral Analytics Reporting 83

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

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

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

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Entities will also be expected to put appropriate cybersecurity protection measures in place. In the U.S.,

Cost-Benefit 83

Cost-Benefit Testing Strategy Risk Management 83

CIO Business Intelligence

NOVEMBER 14, 2023

Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. There are other risks, too. Cloud computing doesn’t exist in a vacuum, and neither should your cloud strategy,” Gartner advises in its 2023 Cloud Strategy Cookbook. data, security, development, architecture) as well.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

IBM Big Data Hub

AUGUST 16, 2023

Conducting red team testing is the most realistic way to validate your defenses, find vulnerabilities and improve your organization’s cybersecurity posture. Moreover, every red team operation creates an opportunity for measurement and improvement. Unlike cybercriminals, red teamers do not intend to cause actual damage.

Testing 61

Testing Cost-Benefit Risk Consulting 61

CIO Business Intelligence

AUGUST 17, 2023

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. We ran workshops with every division of our business, educating them on the accelerating innovation in this area, brainstorming opportunities and risks.

Risk 98

Risk Cost-Benefit Strategy Experimentation 98

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. Relevant skills for a systems architect include risk management, performance optimization, security, leadership, and a strong knowledge of complex computer systems.

IT 116

IT Software Risk Management 116

CIO Business Intelligence

MARCH 30, 2022

Decision intelligence is one of the top strategic technology trends for 2022 , according to the analyst firm, with more than a third of large organizations expected to be practicing the discipline by 2023. It helps to start with a process that is extremely well-defined, low-risk, and has a large collection of examples.

Machine Learning 144

Machine Learning Testing Risk Data-driven 144

CIO Business Intelligence

OCTOBER 9, 2023

Christian Mate, CIO, Elara Caring Elara Caring CIOs have more tactical aspirations right now, especially with regard to digital initiatives, according to Gartner’s 2023 CIO and Technology Executive Agenda. That’s a pitfall, and it is critical to always have a very comprehensive risk assessment practice in place,” Renganathan says. “We

Strategy 137

Strategy Technology Experimentation Testing 137

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Consulting 130

Consulting Software Business Objectives Optimization 130

CIO Business Intelligence

AUGUST 25, 2023

India has just passed the Digital Personalization Data Protection Act 2023, which will optimistically put a lot more emphasis on data privacy and increase awareness. Implementing it on the clinical side will take additional trials, because we cannot risk anything in that area.

Experimentation 98

Experimentation Digital Transformation Technology Measurement 98

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. As of 2023, ITIL 4 has been fully rolled out and Axelos announced the discontinuation of ITIL 3 at the start of 2022.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

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. AGI wouldn’t just perceive its surroundings; it would understand them.

Cost-Benefit 97

Cost-Benefit Modeling Manufacturing Interactive 97

CIO Business Intelligence

JANUARY 15, 2024

He says to do otherwise would risk being left behind. “AI Storytelling inspires bold change; it inspires teams to follow your vision and take the risks you need to take.” Then she advises practice: Work out stories first with peers or mentors to test whether the stories inspire the desired responses or convey the intended messages.

IT 131

IT Consulting Strategy Sales 131

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 143

Cost-Benefit Metrics Insurance Measurement 143

CIO Business Intelligence

JUNE 21, 2023

At the same time, the threat landscape continues to evolve and cyber risk is escalating for all organizations. As cyber risk continues to escalate, CIOs and CISOs need to be just as nimble and methodical as their adversaries. Because industry tests often lack standardized measurement criteria, the results can vary wildly.

Testing 98

Testing Measurement ROI Risk 98

Cloudera

JANUARY 14, 2021

This technology allows retailers to measure and respond in real-time to shopper behavior, measure geolocation, traffic, dwell times, and conversion metrics. Predictive analytics allowed the retailer to proactively respond not only to product life cycle impacts, but also the potential risk of cold storage equipment down-time.

Cost-Benefit 70

Cost-Benefit Digital Transformation Sales IoT 70

CIO Business Intelligence

SEPTEMBER 21, 2023

The phrase “existential risk” is now everywhere—not in the sense the AI would destroy humanity, but that it would make business functions, or even entire companies, obsolete. If you take something slightly risky and make it a thousand times bigger, the risks are amplified,” he says. But it’s a sign of what’s to come. “If

Enterprise 130

Enterprise Consulting Modeling Cost-Benefit 130

IBM Big Data Hub

MAY 17, 2023

Any issues with these applications can lead to decreased productivity, wasted time and potential security risks. As a result, users can take proactive measures to optimize service efficiency and improve user experience using intelligent processes.

Management 79

Management IT Optimization Consulting 79

Rita Sallam

APRIL 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 Machine Learning Insurance Risk 52

CIO Business Intelligence

SEPTEMBER 29, 2023

Let’s revisit the most prevalent security threats and see how they’re evolving in 2023. Prevention: Nearly 75% of Forbes Global 2000 companies haven’t implemented vital domain security measures, indicating continued widespread susceptibility to domain and website spoofing. SMBs and startups are equally at risk.

Data Processing 140

Data Processing Behavioral Analytics Testing Software 140

CIO Business Intelligence

SEPTEMBER 13, 2023

Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks. Although innovation always carries risk, there are common mistakes that CIOs tend to make that heighten the chances of innovation failures.

IT 136

IT Digital Transformation Risk Cost-Benefit 136

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. In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. 3, according to the State of the CIO survey.

IT 124

IT Digital Transformation ROI Strategy 124

IBM Big Data Hub

APRIL 11, 2024

Compliance with official policies through auditing tools and other measures is merely the final step. In An Overview of Catastrophic AI Risks , the authors identify several mitigations that can be addressed through governance and regulation (in addition to cybersecurity). ” Academic and scientific perspectives are also essential.

Risk 79

Risk Consulting Modeling Data Processing 79

CIO Business Intelligence

NOVEMBER 23, 2023

And industry analysis finds the cost of such outages is increasing, according to Uptime Institute’s Annual Outage Report 2023. Adopt a protocol to test updates first Initial reports from Optus connected the outage to “changes to routing information from an international peering network” in the wake of a “routine software upgrade.”

Testing 111

Testing Risk Software Strategy 111

CIO Business Intelligence

JUNE 20, 2023

According to GitLab’s 2023 Global DevSecOps Report , 56% of organizations report using DevOps or DevSecOps methodologies, growing roughly 10% from 2022, for improved security, higher developer velocity, cost and time savings, and better collaboration. According to IBM , a single data breach costs $9.4

Cost-Benefit 98

Cost-Benefit Testing Software Reporting 98

AWS Big Data

DECEMBER 8, 2023

Users could now assess risk, profitability, and cross-sell opportunities not only for piecemeal divisions or products, but also globally for the business as a whole. FanDuel wanted their engineers to have access to production datasets to test their new models and match the results from their legacy SQL-based code sets.

Data Warehouse 69

Data Warehouse Cost-Benefit KPI Risk 69

CIO Business Intelligence

SEPTEMBER 26, 2023

But even as we remember 2023 as the year when generative AI went ballistic, AI and its ML (machine learning) sidekick have been quietly evolving over several years to yield eye-opening insights and problem-solving productivity for IT organizations. Her career began in the semiconductor test industry. And rightly so.

IT 138

IT Key Performance Indicator Software Metadata 138

The Unofficial Google Data Science Blog

APRIL 23, 2024

the weight given to Likes in our video recommendation algorithm) while $Y$ is a vector of outcome measures such as different metrics of user experience (e.g., Taking measurements at parameter settings further from control parameter settings leads to a lower variance estimate of the slope of the line relating the metric to the parameter.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

AWS Big Data

JANUARY 31, 2024

Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. Dataset For this analysis, we used the LSEG Tick History – PCAP OPRA dataset from May 17, 2023.

Marketing 86

Marketing Analytics Visualization Strategy 86