Analytics Vidhya

JANUARY 15, 2024

The World Economic Forum (WEF) has recently unveiled its 19th Global Risks Report, shedding light on the emergence of artificial intelligence (AI) and quantum computing as significant global threats.

Risk 247

Risk Reporting Analytics IT 247

CIO Business Intelligence

OCTOBER 25, 2023

Between our research and dozens of conversations with customers and partners, there are a number of trends that we can expect to see this year, in 2024, and onward. In all likelihood, we will see other industries take their lead to ensure that enterprises can minimize the risks associated with AI and ML tools.

Enterprise 133

Enterprise Risk Manufacturing Finance 133

CIO Business Intelligence

MARCH 1, 2024

AI hype and adoption are seemingly at an all-time high with nearly 70% of respondents to a recent S&P report on Global AI Trends saying they have at least one AI project in production. Securing the AI model itself means identifying model risks, over-permissive access, and data flow violations throughout the AI pipeline.

Risk 119

Risk Reporting Modeling Software 119

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. The adversaries, at least for now, have the upper hand on many global organisations,” the report concluded. Its conclusions were less than optimal. Zero trust is still not widely deployed, but that is changing.

IT 111

IT Measurement Risk Testing 111

CIO Business Intelligence

JANUARY 22, 2024

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Given that threat actors exploit critical vulnerabilities within mere hours of publication, this poses a serious security risk for companies. Respond to threats quickly.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. Why is this sector at such risk? Cyberattacks on operational technology (OT) systems are rapidly rising.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105

CIO Business Intelligence

APRIL 12, 2024

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

Experimentation 143

Experimentation Reporting Testing Statistics 143

CIO Business Intelligence

MARCH 25, 2024

Cybersecurity in UAE’s companies is one of the top priorities; new work models and growing cyber threats have caused companies to dedicate more staff and capital to mitigating these types of risks. The entire ecosystem should engage proactively in reducing the UAE’s vulnerability to these threats.

IT 111

IT Reporting Risk Data-driven 111

CIO Business Intelligence

NOVEMBER 15, 2023

By Gartner’s estimations, overall IT spending will grow in 2024 by 8%, more than double that of 2022 and 2023—2.9% Such a report has a legacy already, if only a short one. In many of the most engaging IT reports, content is organized principally around the priorities of the broader firm. and 3.5%, respectively. Good question.

Publishing 124

Publishing Reporting IT Finance 124

Jet Global

MARCH 6, 2024

March 6, 2024 – insightsoftware , the most comprehensive provider of solutions for the Office of the CFO, today announced it has been named a winner for Financial Consolidation, Close Management, and Financial Reporting in the 2023 Technology Innovation Awards by Dresner Advisory Services.

Reporting 59

Reporting Technology Management Finance 59

CIO Business Intelligence

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. CIOs and CTOs must also set the rules of the road for using AI and navigate or mitigate potential risk and ethics issues, he says.

Experimentation 130

Experimentation Forecasting Risk Consulting 130

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” In 2024, LinkedIn surveys show that half of all Americans want to change jobs.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

FEBRUARY 16, 2024

Banks are increasingly turning to AI to assist with a wide range of tasks, from customer onboarding to fraud detection and risk regulation. Banks reported that harnessing Copilot for meeting summaries, email drafting and content generation was saving between half an hour and two hours a week per employee.

Interactive 132

Interactive Risk Modeling Reporting 132

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain. For instance, production operatives can use mobile devices to report product design concerns using natural speech.

Manufacturing 98

Manufacturing Sales Risk Management Forecasting 98

CIO Business Intelligence

APRIL 17, 2024

Certinia’s new features should also allow for “de-risking” of new projects, by identifying potential pitfalls in a given deal, accurately rating the resources available to handle it, and helping services companies make smarter adjustments to those estimates. It’s very easy to lose money on projects,” Hurrell said. “So

IT 111

IT Data Processing Software Risk 111

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 123

IT Consulting Technology Strategy 123

CIO Business Intelligence

JANUARY 19, 2024

Due to be adopted as law by member states by October 2024, the EU Network and Information Systems (NIS2) Directive is the most important cybersecurity legislation ever enacted across member states. Where NIS2 rules are breached, organizations must quickly grasp the reporting requirements and possible financial penalties.

Digital Transformation 111

Digital Transformation Risk Risk Management Interactive 111

CIO Business Intelligence

MARCH 27, 2024

Unbeknownst to the senders, they put me at risk of breaching one of the 13 Australian Privacy Principles (APP), despite me not really knowing these people, and never asking them for information. By giving me this personal information, they placed an obligation on me and my organisation to use it wisely, or risk penalties up to $1.8m.

Consulting 52

Consulting Risk Reporting Publishing 52

CIO Business Intelligence

DECEMBER 11, 2023

The bill will turn into an EU law once it is approved by the European Parliament at a vote scheduled for early 2024. Other countries, including the US and the UK , are also working on regulations to govern AI so they can benefit from the technology while mitigating the risks.

Risk 127

Risk Testing Insurance Cost-Benefit 127

CIO Business Intelligence

OCTOBER 16, 2023

to expire on March 31, 2024. He notes that QSAs at Verizon, one of the longest-operating PCI services provider, recommend that CISOs explore several important questions, including: Are you confident that your current QSA understands the risks in your industry? Taking its place will be the more robust PCI DSS version 4.0,

Consulting 126

Consulting Reporting Enterprise Risk 126

CIO Business Intelligence

APRIL 16, 2024

That decision put the state’s IT department ahead of the curve when, in January 2024, Massachusetts Gov. According to the 2023 LinkedIn report Skills-First: Reimagining the Labor Market and Breaking Down Barriers , more than 45% of hirers on LinkedIn explicitly used skills data to fill roles, up 12% year over year.

Strategy 132

Strategy Reporting Management Marketing 132

IBM Big Data Hub

SEPTEMBER 15, 2023

For the first wave of companies affected, sustainability reports will be required as soon as fiscal year 2024. These disclosures will need to be filed as part of the company annual 10-K statements, potentially as soon as the 2024 fiscal year if the final ruling is published by October 2023 as currently expected.

Risk 80

Risk Reporting Data-driven Publishing 80

Smart Data Collective

APRIL 20, 2023

Data reporting is often a requirement for large corporations, but traditionally it’s been related to finances. Many companies need to report accurate financial data to keep them accountable to their stakeholders and customers. The CSRD replaces the Non-Financial Reporting Directive (NFRD). What is CSRD?

Reporting 91

Reporting Risk Risk Management Finance 91

Paul Blogs on BI

APRIL 10, 2024

It takes a lot of concentration and requires the dancer to slow down plus the risk of dropping a hoop is high. Need to create an operational or paginated report that you will often need to export to Excel? Learn from the 2024 World Championship hoop dancer and choose the right number of hoops to jump through!

Business Intelligence 52

Business Intelligence Optimization Recreation/Entertainment Dashboards 52

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. Using AI, business teams can “clean” data, manage through gaps, and report across different frameworks. The world is behind on addressing climate change.

IoT 85

IoT Internet of Things Cost-Benefit Reporting 85

O'Reilly on Data

APRIL 23, 2024

There is a great deal of discussion about the risks and benefits of AI, but it is generally focused narrowly on the technical capabilities of AI tools and whether continued advances will eventually put AI beyond human control, leading to possible disaster. I think not. Let’s not wait till the robber barons are back. Available at: [link].

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

CIO Business Intelligence

JULY 6, 2023

From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees. Through an extensive risk analysis , the business partner portfolio is gradually stratified and high-risk business partners are identified for full SCDDA compliance.

Cost-Benefit 96

Cost-Benefit Risk Digital Transformation Risk Management 96

CIO Business Intelligence

FEBRUARY 20, 2024

Data remains siloed in facilities, departments, and systems –and between IT and OT networks (according to a report by The Manufacturer , just 23% of businesses have achieved more than a basic level of IT and OT convergence). Avanade is attending Hanover Messe 2024. Generative AI, Innovation

Data Architecture 98

Data Architecture Unstructured Data Manufacturing IT 98

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. Predictions range as high as 5 degrees Celsius or more by the end of the 21st century, according to the Climate Science Special Report from the U.S. 5 Climate Change 2023: Synthesis Report.

Modeling 122

Modeling Forecasting Reporting Risk 122

IBM Big Data Hub

APRIL 18, 2024

Nearly all respondents reported promising early results from gen AI experiments and planned to increase their spending in 2024 to support production workloads. 46% of survey respondents in 2024 showed a preference for open source models. Code (62%) : Gen AI helps developers write code more efficiently and with fewer errors.

Cost-Benefit 90

Cost-Benefit Modeling Manufacturing Interactive 90

Jet Global

MARCH 22, 2024

147ZB (or zettabytes) of data are expected to be created, captured, copied, and consumed in 2024 across the world. To work with all the data your business generates – for every decision you make – could risk slowing down the insight process. Qlik Sense filters Big data is called such for a reason. That’s a lot of data!

KPI 52

KPI Reporting Visualization Digital Transformation 52

Cloudera

NOVEMBER 16, 2020

Globally, RGA research shows that 3.58% of all claims are fraudulent, and underwriting fraud is reported in 1.38% of all underwriting cases. . million by 2024, a CAGR of 25.8% from 2019 to 2024. Yet, fraud in the U.S. is relatively low compared to other fast-growing markets such as APAC. million in 2019 to $7.9

Insurance 96

Insurance ROI Marketing Machine Learning 96

IBM Big Data Hub

DECEMBER 12, 2023

An IBM CEO study , based on interviews with 3,000 CEOs worldwide, reveals that CEOs who successfully integrate sustainability and digital transformation report a higher average operating margin than their peers. Envizi delivers top-down management reporting, while MAS offers bottom-up operational asset management.

Management 77

Management Cost-Benefit Optimization Strategy 77

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Consulting 130

Consulting Software Business Objectives Optimization 130

John Wheeler

JANUARY 31, 2021

Regulations were set aside and associated technological and business risks were given low priority to help with the larger effort to “slow the spread” of the virus. They must evaluate the value of their digital initiatives while determining the size of their risk appetite. Cool Vendors in Integrated Risk Management.

Uncertainty 59

Uncertainty Risk Management Risk Forecasting 59

CIO Business Intelligence

OCTOBER 27, 2022

ServiceNow reports robust Q3 results ServiceNow reported strong quarterly results Wednesday, with 25% year-on-year growth in revenue backed by at least 69 deals that were worth over $1 million each. The company reported total revenue of $1.83 billion for the quarter, with subscription revenues accounting for $1.74

Uncertainty 59

Uncertainty Reporting Sales Risk 59

CIO Business Intelligence

JANUARY 8, 2024

Gain stronger control over data Jae Evans, global CIO and executive vice president at Oracle, is planning to prioritize data control in 2024, and CIOs across industries would be wise to follow suit. “As He notes that a recent Amazon report found that employers believe AI could boost overall productivity by up to 49%. “As

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142