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. Compliance with PCI DSS v4.0 PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three.

Gap analysis 123

Gap analysis Consulting Risk Measurement 123

Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Keep it agile, with short design, develop, test, release, and feedback cycles: keep it lean, and build on incremental changes. Test early and often. Test and refine the chatbot. Expect continuous improvement.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

OCTOBER 11, 2023

For its AI Priorities Study 2023 , Foundry surveyed IT decision-makers who have either implemented AI and generative AI technologies in their organizations, have plans to, or are actively researching them. Top of those AI priorities for now is generative AI, with 56% of respondents eager to learn more about it.

IT 126

IT Software Testing Manufacturing 126

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

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

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

IBM Big Data Hub

SEPTEMBER 13, 2023

According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 The Total Economic Impact™ of IBM Security Randori study that IBM commissioned Forrester Consulting to conduct in 2023 found 85% reduction in losses due to an external attack totaling $1.5

Risk 94

Risk Management Strategy Measurement 94

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. Phishing tests are usually part of broader security awareness training led by IT departments or security teams. The only difference is that recipients who take the bait (e.g.,

Testing 74

Testing Measurement Behavioral Analytics Reporting 74

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.

IT 139

IT Data Processing Enterprise Modeling 139

IBM Big Data Hub

MAY 15, 2023

IBM is accepting proposals for the third cohort of the IBM Sustainability Accelerator — focused on water management solutions — until May 31st, 2023. For example, measurements from the App inform environmental monitoring and management efforts in the provinces of Limburg and Zeeland.

Technology 76

Technology Measurement Recreation/Entertainment Optimization 76

CIO Business Intelligence

SEPTEMBER 5, 2023

The project also earned ELC a 2023 CIO 100 Award in IT Excellence. “We Throughout the design, build, and test phases, their feedback was informing our decisions, even the small features like being able to adjust the speed of the virtual assistant’s speech,” Aidan says. What about when I remove product?

Visualization 124

Visualization Testing Machine Learning Measurement 124

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

IBM Big Data Hub

AUGUST 18, 2023

Regulators also require organizations to test business recovery processes periodically and provide documented test results showing that SLAs have been met. Entities will also be expected to put appropriate cybersecurity protection measures in place. It offers more control and flexibility for comprehensive testing and validation.

Cost-Benefit 75

Cost-Benefit Testing Strategy Risk Management 75

CIO Business Intelligence

MARCH 25, 2024

In early 2023, Hubbard knew Rest needed an ambitious new technology roadmap to enable the implementation of its strategy to make the superannuation experience simpler. We set up a persistent pilot team at Rest in 2023 to test out the concept. The product owner decided to swap the item for the next initiative on the backlog.

Modeling 118

Modeling Cost-Benefit IT ROI 118

CIO Business Intelligence

JULY 17, 2023

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. The number one reason (95%) for cyber attacks is financial gain, with 24% of all cyber attacks involving ransomware.

Management 93

Management Data Processing Risk Digital Transformation 93

CIO Business Intelligence

AUGUST 25, 2023

The project, which earned Proctor & Gamble a 2023 CIO 100 Award for IT innovation and leadership, has had a profoundly material impact on the manufacturing floor. The resulting platform was pilot tested for nine months at one P&G plant before being rolled out half of P&G’s Pampers manufacturing plants across the US.

Predictive Analytics 97

Predictive Analytics IoT Manufacturing Analytics 97

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 54

Testing Cost-Benefit Risk Consulting 54

AWS Big Data

OCTOBER 3, 2023

For our testing, we generated about 58,176 small objects with total size of 2 GB. For running the Amazon EMR tests, we used Amazon EMR version emr-6.11.0 Then we ran an AWS Glue extract, transform, and load (ETL) job to convert the JSON files into Parquet format. with Spark 3.3.2, and JupyterEnterpriseGateway 2.6.0.

Optimization 110

Optimization Snapshot Data Lake Metadata 110

CIO Business Intelligence

NOVEMBER 14, 2023

Cloud computing doesn’t exist in a vacuum, and neither should your cloud strategy,” Gartner advises in its 2023 Cloud Strategy Cookbook. How will we measure and communicate the value of cloud? It’s essential to align cloud strategy with other existing technology strategies (e.g., data, security, development, architecture) as well.

Strategy 141

Strategy Cost-Benefit IT Key Performance Indicator 141

CIO Business Intelligence

AUGUST 4, 2023

The Thinkers360 AI Trust Index 2023, which measures annual sentiment among both AI end users and AI providers, found that over 75% of respondents were somewhat concerned or very concerned in terms of their level of trust in AI today. AI is just getting started and it’s now that we need to be asking hard questions.

Risk 92

Risk Risk Management ROI Technology 92

AWS Big Data

AUGUST 21, 2023

In particular, our experimentation shows that hybrid search, combining lexical and vector approaches, typically results in a 15% improvement in search result quality over lexical or vector search alone on industry-standard test sets, as measured by the NDCG@10 metric (Normalized Discounted Cumulative Gain in the first 10 results).

Data Processing 92

Data Processing Visualization Experimentation Metrics 92

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. During performance evaluations, one of the criteria my team is measured on is their commitment to gaining new skills.

Experimentation 87

Experimentation Digital Transformation Technology Measurement 87

IBM Big Data Hub

MAY 17, 2024

” Given the statistics—82% of surveyed respondents in a 2023 Statista study cited managing cloud spend as a significant challenge—it’s a legitimate concern. Cloud adoption maturity model This maturity model helps measure an organization’s cloud maturity in aggregate.

Modeling 96

Modeling Cost-Benefit Optimization Digital Transformation 96

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. These IT pros work closely with developers to ensure security measures such as firewalls, encryption, and intrusion detection systems are included in software, systems, networks, and applications.

IT 114

IT Software Risk Management 114

IBM Big Data Hub

MARCH 14, 2024

Apple was one of the first manufacturers to test the appetite for 5G in 2020 by offering its newest iPhone with 5G compatibility. According to this recent IDC white paper (link resides outside ibm.com), in the US alone, almost 120 million 5G devices were expected to ship by the end of 2023—a 9.3 % increase over the previous year.

Technology 59

Technology IoT Cost-Benefit Internet of Things 59

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. Staying true to your company’s purpose is the best way to meaningfully and accurately measure the effectiveness of any tech innovation.”

Strategy 135

Strategy Technology Experimentation Testing 135

CIO Business Intelligence

JULY 7, 2023

As of 2023, ITIL 4 has been fully rolled out and Axelos announced the discontinuation of ITIL 3 at the start of 2022. This module validates your ability to measure, assess, and develop the Service Desk practice capability using the ITIL Maturity Model.

Cost-Benefit 97

Cost-Benefit Strategy Management Uncertainty 97

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. This new approach has been tested over the past year and will be rolled out into production in the second quarter of this year, he says.

Machine Learning 144

Machine Learning Testing Risk Data-driven 144

CIO Business Intelligence

JUNE 21, 2023

Third-party testing and validation can help CIOs find security products that do what they say they do and meet the specific infrastructure needs of their organization. Even worse, some technology testing firms still allow vendors to manipulate their methodologies to skew the test results in their favor.

Testing 85

Testing Measurement ROI Risk 85

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 120

Consulting Software Business Objectives Optimization 120

CIO Business Intelligence

FEBRUARY 21, 2023

Yet in 2023, the brewer faces new constraints, such as an expected recession, rising barley and energy prices, and aluminum supply chain shortages. Heineken owns its piece of history, too, from becoming the first brewer to introduce quality control laboratories to the first legally sold beer in the US after prohibition was revoked in 1933.

Digital Transformation 95

Digital Transformation Sales Experimentation Optimization 95

CIO Business Intelligence

AUGUST 17, 2023

“Since the middle of last year, we’ve been analyzing the potential impact, opportunities, and risks of the speed of innovation in this area, as well as introduced policies and implemented measures to minimize risks,” he says. We’re testing ChatGPT at an individual level,” he says. But overall, we see this as a huge opportunity.

Risk 91

Risk Cost-Benefit Strategy Experimentation 91

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. In-store customer insights and engagement opportunities are now possible using data captured from sensors, video, and beacons.

Cost-Benefit 72

Cost-Benefit Digital Transformation Sales IoT 72

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 139

Cost-Benefit Metrics Insurance Measurement 139

CIO Business Intelligence

JANUARY 15, 2024

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. Anytime you’re starting down a pathway of change, you have to talk to people you trust, let them know what you’re working on, and then set a measuring stick,” Pyle says.

IT 128

IT Consulting Strategy Sales 128

IBM Big Data Hub

MAY 17, 2023

Process mining can be applied to a wide range of use cases to help IT teams test changes within the solution itself before using it in the organization or making investments in new technology and prevent inefficiencies by triggering actions like prompt notifications.

Management 70

Management IT Optimization Consulting 70

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