Remove 2023 Remove Modeling Remove Reporting Remove Risk
article thumbnail

Turning climate risks into business opportunitiesĀ 

IBM Big Data Hub

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? To best prepare, organizations need to develop a climate risk strategy.

Risk 69
article thumbnail

Generative AI in the Real World: Chip Huyen on Finding Business Use Cases for Generative AI

O'Reilly on Data

Oā€™Reillyā€™s Generative AI in the Enterprise survey reported that people have trouble coming up with appropriate enterprise use cases for AI. About the Generative AI in the Real World podcast : In 2023, ChatGPT put AI on everyoneā€™s agenda. Consistence, risk, and compliance. Why is it hard to come up with appropriate use cases?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Generative AI: 5 enterprise predictions for AI and security ā€” for 2023, 2024, and beyond

CIO Business Intelligence

Enterprise use of AI tools will only grow, with industries like manufacturing leading the charge Our research shows that mirroring the broader AI trend, enterprises across industry verticals sharply increased their use of AI from May 2023 to June 2023, with sustained growth through August 2023.

article thumbnail

What is GRC? The rising importance of governance, risk, and compliance

CIO Business Intelligence

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage.

Risk 115
article thumbnail

Reshoring: The risks of swinging the pendulum too far

IBM Big Data Hub

However, a 2022 report by the World Bank estimated that the global economy could lose up to USD 1.2 trillion in 2023 because of these disruptions. The report estimates that developing countries could lose up to USD 426 billion in 2023 because of these disruptions.

Risk 87
article thumbnail

How to get your CFO to buy into a better model for IT funding

CIO Business Intelligence

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

Modeling 124
article thumbnail

Can LLMs Become Knowledgeable ā€“ Impressions from Day 1 At SEMANTiCS 2023

Ontotext

SEMANTiCS 2023 kicked off with a Pre-conference day that offered an awesome lineup of business and academia talks. These delved deep into the transformative potential of Large Language Models (LLMs) and the need for semantic technologies to ensure high-quality training data for these models. Are LLMs Knowledgeable?