CIO Business Intelligence

FEBRUARY 13, 2024

Get ready for the IDC Middle East CIO Summit 2024. Developing GenAI implementation strategies will be imperative for technology leaders, and they must focus on prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency.

Data Processing 98

Data Processing Forecasting Risk Optimization 98

CIO Business Intelligence

APRIL 1, 2024

The research cited a lack of talent and skills to work with the technology (62%), unclear AI and GenAI investment priorities (47%), and the absence of a strategy for responsible AI (41%) as the top three obstacles. Reach consensus on strategy. Right-size your model(s). 2024 Artificial Intelligence This playbook can help.

Data Lake 142

Data Lake Consulting Uncertainty Risk 142

IBM Big Data Hub

JANUARY 16, 2024

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.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

CIO Business Intelligence

MARCH 1, 2024

While the promise of AI can fundamentally reshape business operations, it has also created new risk vectors and opened the doors to nefarious individuals that most enterprises are not currently equipped to mitigate. There’s also the possibility that attackers could compromise generative AI tools and large language models themselves.

Risk 119

Risk Reporting Modeling Software 119

CIO Business Intelligence

MAY 3, 2024

MeRA, which has earned UPS a 2024 CIO 100 Award for IT innovation and leadership, automates responses to some of the roughly 52,000 customer e-mails UPS receives each day, according to the company. The LLM gives agents the ability to confirm all responses suggested by the model. For MeRA, UPS started with Microsoft OpenAI LLMs, GPT 3.5

Testing 140

Testing Sales Enterprise Digital Transformation 140

CIO Business Intelligence

MARCH 3, 2024

Worse, it said “adversaries are accelerating and widening their range of sophisticated attacks at scale through automation, cybercrime-as-a-service models, impersonations and adaptation.” And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. Using zero trust.

IT 111

IT Measurement Risk Testing 111

CIO Business Intelligence

APRIL 5, 2024

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. AI legislation proposed in Connecticut also has served as a model for lawmakers in other states.

Risk 131

Risk Interactive Insurance Strategy 131

CIO Business Intelligence

MAY 8, 2024

We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.” In about six months, Expion’s two AI developers created ExpionIQ Advisor, a tool that uses linear regression, multiple algorithms, and custom-built AI models to automate prescription RFPs.

IT 110

IT Cost-Benefit Insurance Unstructured Data 110

IBM Big Data Hub

MARCH 4, 2024

In 2024, companies confront significant disruption, requiring them to redefine labor productivity to prevent unrealized revenue, safeguard the software supply chain from attacks, and embed sustainability into operations to maintain competitiveness. Consider the following: Do you need a public foundation model? times higher ROI.

Enterprise 106

Enterprise ROI Risk Strategy 106

CIO Business Intelligence

MARCH 15, 2022

Synthetic data is artificially generated information that can be used in place of real historic data to train AI models when actual data sets are lacking in quality, volume, or variety. Artificial data has many uses in enterprise AI strategies. This can slow down the development of new AI models. Synthetic data use cases.

Strategy 145

Strategy Testing Modeling Sales 145

CIO Business Intelligence

DECEMBER 11, 2023

For many CIOs, implementations may be nascent, but mitigating biases in AI models and balancing innovation with ethical considerations are already among their biggest challenges. Companies need both a practical plan and a transparent communications strategy in their response.” We intend to implement it in Q1 2024.”

Modeling 131

Modeling Risk Strategy Software 131

CDW Research Hub

AUGUST 2, 2022

In fact, many organizations have begun adopting zero-trust IoT security strategies to protect their IoT data from potential breaches. The answer may lie in shifting to a zero-trust security model. Previously, the guiding architectural principle for most network security models was, “verify, then trust.” What is zero trust?

IoT 52

IoT Strategy Internet of Things Measurement 52

CIO Business Intelligence

APRIL 29, 2024

In fact, CIOs listed numerous roadblocks to IT strategic success in the 2024 State of the CIO Study from Foundry, publisher of CIO.com. CIOs must redirect resources when technologies as revolutionary as generative AI come to market or risk falling behind or becoming obsolete — in which case, hitting other strategic goals won’t matter much.

IT 128

IT Consulting Technology Strategy 128

O'Reilly on Data

APRIL 23, 2024

Some of those innovations, like Amazon’s cloud computing business, represented enormous new markets and a new business model. Google, for example, invented the Large Language model architecture that underlies today’s disruptive AI startups. It’s unclear whether this was a lack of imagination or a kind of “ strategy tax.”

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

CIO Business Intelligence

NOVEMBER 6, 2023

Managers looking toward 2024 and beyond certainly have a full plate. Here are eight key ideas to consider that can help you prioritize, adapt, and thrive in 2024 and beyond. In this evolving IT investment landscape, the definition of risk has not changed, but the timeframe for response has shortened.”

IT 139

IT Risk Technology Measurement 139

IBM Big Data Hub

APRIL 9, 2024

New features in 2024 include Hole Insights, stats and projections about every shot, from every player on every hole; and expanded AI-generated narration (including Spanish language) on more than 20,000 highlight clips. “For the Masters we use 290 traditional AI models to project where golf balls will land,” says Baughman.

Management 86

Management IT Machine Learning Metrics 86

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

IBM Big Data Hub

FEBRUARY 20, 2024

Climate models provide answers Human activities precipitated changes to the Earth’s climate in the 20th century and will largely determine the future climate. Global climate models have given climate scientists a set of expectations as to what the future could hold, both for the Earth at large and for specific regions.

Modeling 121

Modeling Forecasting Reporting Risk 121

IBM Big Data Hub

APRIL 22, 2024

With 2024 on track to be the hottest year on record , data and AI can be applied to many areas to help supercharge sustainability efforts. This approach can help organizations to more easily establish a sustainability strategy across the business. The world is behind on addressing climate change.

IoT 84

IoT Internet of Things Cost-Benefit Reporting 84

CIO Business Intelligence

MAY 6, 2024

Amid that growth, a few key trends surfaced to impact CIOs’ cloud strategies, continuing to today: More flexible consumption models To increase spend within their ecosystems, hyperscalers marketed more flexible consumption programs to enable customers to increase their commitments, while mitigating consumption risk.

Strategy 131

Strategy Marketing IT Data Processing 131

CIO Business Intelligence

SEPTEMBER 12, 2023

Over 100,00 organizations are expected to be impacted by Network and Information Security Directive (NIS2) cybersecurity standards that European Union (EU) member states must implement by October 2024. [i] The NIS2 requirement to adopt Zero Trust principles reflects the shortcomings of models based on implicit trust.

IoT 96

IoT Measurement Manufacturing Finance 96

Smart Data Collective

JUNE 27, 2022

Besides researching new technologies and streamlining the tech operations, they also seek to mitigate IT risks, such as threats to cybersecurity and misalignment between IT professionals and business requirements. Build A Clear Strategy. CAGR between 2016 and 2024. billion by 2024. Seek Help from Top Management.

Data-driven 110

Data-driven Management IT Big Data 110

Cloudera

JUNE 7, 2023

By now, almost everyone across the tech landscape has heard of the Zero Trust (ZT) security model, which assumes that every device, application, or user attempting to access a network is not to be trusted (see NIST definitions below). But as models go, the idea is easier than the execution.

Metadata 82

Metadata Data Lake Optimization Modeling 82

DataRobot Blog

SEPTEMBER 1, 2022

For example, a recent IDC study 1 shows that it takes about 290 days on average to deploy a model into production from start to finish. IDC 2 predicts that by 2024, 60% of enterprises would have operationalized their ML workflows by using MLOps. Your model was accurate yesterday, but what about today?

Metrics 145

Metrics Statistics Modeling Data Science 145

CIO Business Intelligence

AUGUST 9, 2023

Once a vanguard business strategy, digital transformation has become a perennial objective for business survival. Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

IBM Big Data Hub

NOVEMBER 8, 2023

At the beginning of the year, we laid out a new strategy for IBM Power under the leadership of Ken King, who will be retiring by the end of 2023 after forty years with IBM. Separately, in 2024, clients will be able to look forward to continued enhancements to the AIX, IBM i and Linux roadmaps.

Strategy 98

Strategy Cost-Benefit Data-driven Digital Transformation 98

Smart Data Collective

APRIL 3, 2022

This is a huge market driven by AI technology that is expected to be worth $19 billion by 2024. This makes anyone able to emulate the algorithmic trading strategies performed by Renaissance technologies. This gives the strategy a distinct set of benefits. Algorithms help to backtest trading strategies. Advantages.

Technology 97

Technology Cost-Benefit ROI Strategy 97

IBM Big Data Hub

DECEMBER 18, 2023

As we look ahead to 2024, enterprises around the world are undoubtedly evaluating their progress and creating a growth plan for the year to come. Earlier this year, we unveiled watsonx running on IBM Cloud to help enterprises train, tune and deploy AI models, while scaling workloads.

Digital Transformation 69

Digital Transformation Risk Data Processing Enterprise 69

CIO Business Intelligence

MARCH 25, 2022

When Forrester coined the Zero Trust security model in 2010, they were looking to represent a methodology for how to transact business securely based on the principle of “never trust, always verify.” It was a data-centric model where you don’t trust anything going on inside or outside of the perimeter.

Software 52

Software Risk Strategy Reporting 52

CIO Business Intelligence

MARCH 30, 2022

Successful decision intelligence strategies, however, require an understanding of how organizational decisions are made, as well as a commitment to evaluate outcomes and manage and improve the decision-making process with feedback. For example, a risk scoring decision might be improved by considering the time of day, or the user’s location.

Machine Learning 144

Machine Learning Risk Testing Data-driven 144

FineReport

APRIL 9, 2024

The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance. Through the utilization of predictive models, clinicians can forecast patient outcomes and resource needs, enabling early intervention and personalized care delivery.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

Data Science 101

OCTOBER 15, 2023

This problem can be witnessed in the business strategies of QC companies. Others like Rigetti and IonQ went public early (the former risking delisting and the latter a huge SPAC). That’s a risk. And we are still in the science to tech phase, not just battling incredibly challenging lab work, but finding things we can solve.

Risk 107

Risk Marketing Consulting Technology 107

CIO Business Intelligence

NOVEMBER 15, 2023

This article was co-authored by Ishan Prakash , a Manager at Metis Strategy. Once relegated to a role of support, the function now can inform entire strategies as critically as it does key processes or core products. By Gartner’s estimations, overall IT spending will grow in 2024 by 8%, more than double that of 2022 and 2023—2.9%

Publishing 124

Publishing Reporting IT Finance 124

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? Are there mitigation strategies that can be implemented successfully that could provide policy guidance and reasons for optimism in the face of ever increasing frequency of extreme weather events? million people at risk of catastrophic, flooding.

Optimization 52

Optimization Machine Learning Insurance Risk 52

DataRobot Blog

AUGUST 10, 2022

As ICSs develop plans to deliver around 30% more elective activity by 2024-2025 than before the pandemic, the need to retain clinical staff is paramount. Responding to COVID-19 as it mutates and continues to impact society. Resetting urgent care performance and delivery. Improving patient outcomes through a data-first approach.

Forecasting 52

Forecasting Experimentation Data-driven Risk 52

CIO Business Intelligence

MARCH 9, 2023

Research in the The Human-Centered Insights To Fuel IT’s Vision 2022 report, conducted by Reach3 for Lenovo, 2024, shows that 20 per cent of the Global 2,000 CEOs will report an increased appetite for risk and improved resilience. As Deloitte research highlights , the reasons for this come down to handling disruption.

Reporting 59

Reporting Marketing Strategy Technology 59

Smart Data Collective

JUNE 15, 2022

trillion in 2024, up from roughly $5.47 From the most basic to the most complicated concerns, data may assist guide your decision-making strategy. This application can take the shape of developing items, adapting marketing strategies, or generating recommendations based on the products that a consumer is most interested in.

Advertising 99

Advertising Cost-Benefit ROI Sales 99