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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

There are a lot of risks and a lot of land mines to navigate,” says the analyst. billion in 2024 to $521.0 Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. The opportunity is too big. billion on 2027.

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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

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Top financial services trends of 2024

IBM Big Data Hub

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. An investment in the tools and infrastructure to combat such threats is likely to occur in 2024.

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What is Data Visualization: Complete Guide 2024

FineReport

Interactivity: Incorporating interactive features allows users to explore the data more deeply, gaining comprehensive insights from the visualizations. Moreover, interactive features in data visualization tools allow users to delve deeper into the data, exploring specific data points or segments with ease.

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Operational technology systems require a robust Zero Trust strategy in 2024

CIO Business Intelligence

Why is this sector at such risk? As a result, OT systems that were previously isolated are now connected and therefore accessible from the outside world, making them more at risk of being attacked. Another factor that has increased the security risks in this sector is that critical infrastructure often relies heavily on legacy systems.

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The generative AI revolution is transforming how banks work

CIO Business Intelligence

Banks are increasingly turning to AI to assist with a wide range of tasks, from customer onboarding to fraud detection and risk regulation. It allows employees to interact with familiar work tools, from Microsoft Word to PowerPoint, using everyday language prompts or inputs.

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The complex patchwork of US AI regulation has already arrived

CIO Business Intelligence

The 118th session of Congress, covering 2023 and 2024, may end up as the least productive session in US history, with only 47 bills passed and becoming law between the beginning of 2023 and April 1 of this year. However, Congress, mired in partisan infighting, seems unlikely to move forward on serious AI legislation anytime soon.

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