Smart Data Collective

MAY 25, 2023

Recent statistics indicate that 43% of cyberattacks target small businesses, and 60% of the attacked enterprises go out of business in six months. With a cybersecurity plan, businesses understand risks well and can enable proactive protection while ensuring prompt responses to cyberattacks. Additionally, cybercrime costs SMEs over $2.2

Internet of Things 91

Internet of Things Cost-Benefit Risk Software 91

CIO Business Intelligence

MARCH 23, 2023

As the world continues to experience economic uncertainty, IT leaders look to tighten budgets, consolidate tools and resources, and generally become more risk-averse when evaluating new investments. Evaluate the risk of doing nothing In addition to ROI, it’s also important to consider the risk of doing nothing. to just 2.2%

Scorecard 59

Scorecard Cost-Benefit ROI IT 59

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 114

IT Software Risk Management 114

CIO Business Intelligence

NOVEMBER 27, 2023

Cybersecurity risks This one is no surprise, given the scary statistics on the growing number of cyberattacks, the rate of successful attacks, and the increasingly high consequences of being breached. For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023.

IT 115

IT Digital Transformation Reporting Finance 115

CIO Business Intelligence

NOVEMBER 3, 2023

The 2023 IT salary report from Robert Half reinforces these findings. This overall lack of engagement leads to a sense of detachment, increasing the risk that many in your department may quit or completely check-out in their role. Women disproportionately affected by burnout For women, the statistics around burnout are even worse.

IT 128

IT Reporting Uncertainty Cost-Benefit 128

IBM Big Data Hub

AUGUST 9, 2023

Why phishing simulations are important Recent statistics show phishing threats continue to rise. 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. million phishing sites. How do phishing simulations work?

Testing 74

Testing Measurement Behavioral Analytics Reporting 74

IBM Big Data Hub

NOVEMBER 28, 2022

The risks of non-compliance – legal penalties, loss of reputation and customer trust – are too big to be ignored. According to the Gartner Hype Cycle for Data Privacy 2021, more than 80% of companies worldwide will face at least one privacy-focused data protection regulation by 2023. Regulatory and compliance. Protect your data.

Metadata 56

Metadata Data Quality Data-driven Data Governance 56

Rita Sallam

APRIL 2, 2023

Qlik Key Findings: In the US alone, there’s $367 billion in agricultural commodities at risk to flooding in the US alone. A large part of under-developed Asian countries ranging from Bangladesh to Vietnam are at high risk of flooding events. million people at risk of catastrophic, flooding. In 2000, the Netherlands had 8.5

Optimization 52

Optimization Machine Learning Insurance Risk 52

IBM Big Data Hub

APRIL 18, 2024

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. It might analyze real-time data from cameras, LiDAR and other sensors to identify objects, assess risks and anticipate environmental changes like sudden weather events or unexpected obstacles.

Cost-Benefit 89

Cost-Benefit Modeling Manufacturing Interactive 89

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing.

Enterprise 281

Enterprise Modeling Testing Reporting 281

AWS Big Data

NOVEMBER 29, 2023

At AWS re:Invent 2023, we introduced more performance enhancements in query planning and execution such as enhanced bloom filters , query rewrites, and support for write operations in auto scaling. At AWS re:Invent 2023, we extended data sharing capabilities to launch multi-data warehouse writes in preview.

Data Warehouse 101

Data Warehouse Data Lake Analytics Machine Learning 101

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 133

IT Digital Transformation Risk Cost-Benefit 133

IBM Big Data Hub

APRIL 15, 2024

It exists because the profits are high while the risks are low. In 2023, the FBI received a record number of 880,418 complaints with potential losses exceeding USD 12.5 Today, cybercrime is good business. Far from stopping, cybercrime is constantly increasing.

Snapshot 97

Snapshot Machine Learning Interactive Statistics 97

The Unofficial Google Data Science Blog

APRIL 23, 2024

If $Y$ at that point is (statistically and practically) significantly better than our current operating point, and that point is deemed acceptable, we update the system parameters to this better value. And we can keep repeating this approach, relying on intuition and luck.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

IBM Big Data Hub

JANUARY 9, 2024

Companies still often accept the risk of using internal data when exploring large language models (LLMs) because this contextual data is what enables LLMs to change from general-purpose to domain-specific knowledge. To mitigate risks, it’s important to run as many data integration processes as possible on internal servers.

Enterprise 72

Enterprise Data Integration Data Quality Contextual Data 72

CIO Business Intelligence

OCTOBER 18, 2023

The procedure, often called kidney dialysis, cleansing a patient’s blood, substituting for the function of the kidneys, and is not without risk, however. Hemodialysis is a life-saving treatment for those suffering from kidney failure. About 10% of hemodialysis treatments result in intradialytic hypotension (IDH) — low blood pressure.

Predictive Analytics 133

Predictive Analytics Analytics Machine Learning Digital Transformation 133

CIO Business Intelligence

DECEMBER 6, 2023

Organizations need to have an honest look at their hygiene, priorities, and data sensitivities to ensure they’re plugging GenAI tools into the areas where they get maximum reward and minimized risk.” Assume AI is always right Impressive as they are, generative AI tools are inherently probabilistic.

IT 130

IT Risk Management Interactive Modeling 130

CIO Business Intelligence

FEBRUARY 23, 2023

Further, CEOs’ top priorities for IT in 2023 are: Strengthening IT and business collaboration Upgrading IT and data security to reduce corporate risk Improving the customer experience IT leaders do not have to compromise. According to Foundry , the need for improvements in cybersecurity was cited as the No.

Cost-Benefit 93

Cost-Benefit Interactive Statistics Reporting 93

Jet Global

MAY 16, 2023

May 16, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced the launch of the insightsoftware Platform to ​​bring together the company’s applications in a single location. Good things happen when you’re well connected. We call it The Connect Effect.

Uncertainty 52

Uncertainty Finance Cost-Benefit Reporting 52

CIO Business Intelligence

APRIL 24, 2023

In the 2023 State of the CIO report , IT leaders said they were most concerned about finding qualified experts in advanced areas such as cybersecurity, blockchain, and data science and analytics. Internal talent is gold, and we’re making sure our current employees find places to grow and modernize their skill sets.”

IT 108

IT Strategy Software Insurance 108

IBM Big Data Hub

OCTOBER 16, 2023

The Digital India Bill 2023 aims to replace India’s existing Information Technology Act of 2000 and provide comprehensive oversight of the digital landscape. Data sovereignty can increase cybersecurity risks, particularly if data is stored in a single location or jurisdiction.

Cost-Benefit 65

Cost-Benefit Data Governance Risk Data-driven 65

Smart Data Collective

OCTOBER 16, 2022

Moreover, by 2023, the figure might reach nearly $600 billion. Single server is the least preferred cloud architecture due to multiple security risks. Make an informed decision based on various cloud architect solutions, market research, and data statistics. billion by the end of 2022 , growing at a rate of 20.4% Single server.

Consulting 109

Consulting Software Statistics Manufacturing 109

CIO Business Intelligence

FEBRUARY 12, 2024

As genAI caught fire in 2023, many organizations rushed to test and learn from the technology and harness it to grow productivity and improve processes. 4 Additionally, while 63% have guardrails in place to use AI safely, these organizations worry about its role in misinformation, ethical bias and job loss among other risks, Wavestone found.

IT 116

IT Consulting Cost-Benefit Uncertainty 116

datapine

NOVEMBER 27, 2019

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. BN by 2023, with a CAGR of 13.6%

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

datapine

DECEMBER 4, 2019

Applied to business, it is used to analyze current and historical data in order to better understand customers, products, and partners and to identify potential risks and opportunities for a company. The commercial use of predictive analytics is a relatively new thing.

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

IBM Big Data Hub

SEPTEMBER 25, 2023

Large, untested workloads run the risk of hogging all the resources. Presto provides a long list of functions, operators, and expressions as part of its open source offering, including standard functions, maps, arrays, mathematical, and statistical functions. In some cases, the queries run out of memory and do not complete.

OLAP 87

OLAP Data Lake Data-driven Snapshot 87