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? These risks can make it difficult or impossible for organizations to operate in affected locations.

Risk 64
article thumbnail

Gen AI without the risks

CIO Business Intelligence

Developing and deploying successful AI can be an expensive process with a high risk of failure. Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. The possibilities are endless, but so are the pitfalls.

Risk 128
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

Want to tackle technical debt? Sell it as business risk

CIO Business Intelligence

A recent example is Windows Server 2012, which was sunsetted by Microsoft in October 2023. What CIOs need to do instead is to present IT infrastructure investment as an important corporate financial and risk management issue that the business canā€™t afford to ignore. Windows Server 2012 is not alone. It is up to CIOs to make it ā€œreal.ā€

Risk 125
article thumbnail

8 big IT failures of 2023

CIO Business Intelligence

Weā€™ve gathered eight instances of big tech failures that struck companies and other organizations in 2023. Both United Airlines and Hawaiian Airlines saw service outages in 2023 resulting from wonky software upgrades, and Southwest ended the previous year with a Christmas travel meltdown blamed on outdated systems.

IT 138
article thumbnail

LLMOps for Your Data: Best Practices to Ensure Safety, Quality, and Cost

Speaker: Shreya Rajpal, Co-Founder and CEO at Guardrails AI & Travis Addair, Co-Founder and CTO at Predibase

January 18th, 2023 at 9:30am PST, 12:30pm EST, 5:30pm GMT Putting the right LLMOps process in place today will pay dividends tomorrow, enabling you to leverage the part of AI that constitutes your IP ā€“ your data ā€“ to build a defensible AI strategy for the future.

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

Must Read: New Trends for Digital Transformation in 2023 ā€“ Value Stream Management

CIO Business Intelligence

Earlier this year, Broadcom commissioned extensive industry research to learn how VSM adoption is evolving and which key trends are emerging in 2023. The findings from this survey are now available in a report entitled ā€œ 2023 Value Stream Management Trends.ā€ By the end of 2023, 60% of organizations will be shipping products using VSM.

article thumbnail

ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in todayā€™s fast-paced and ever-changing risk landscape. Do we understand and articulate our bankā€™s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

article thumbnail

Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises. May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST

article thumbnail

The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. July 13th, 2023 at 9:30am PDT, 12:30pm EDT, 5:30pm BST