IBM Big Data Hub

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. In sourcing strategy, blockchain technology helps track orders, payments, accounts and more. How is sourcing strategy different than procurement strategy?

Strategy 99

Strategy Technology Cost-Benefit Risk Management 99

IBM Big Data Hub

NOVEMBER 30, 2023

Risks from wildfires, floods, heat, drought and wind have always been a concern, but climate change has intensified these risks, making them more frequent and unpredictable for organizations. This situation increases the need for businesses to adapt their sustainability strategies to address climate change issues.

Strategy 90

Strategy Insurance Risk Management 90

Smart Data Collective

FEBRUARY 28, 2023

Here at Smart Data Collective, we have blogged extensively about the changes brought on by AI technology. Over the past few months, many others have started talking about some of the changes that we blogged about for years. One of the most important changes pertains to risk parity management. What is risk parity?

Machine Learning 84

Machine Learning Risk Cost-Benefit Marketing 84

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing. A disaster recovery strategy lays out how your businesses will respond to a number of unplanned incidents.

Strategy 94

Strategy Cost-Benefit Testing Risk 94

IBM Big Data Hub

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 84

Strategy Management Forecasting Cost-Benefit 84

IBM Big Data Hub

JANUARY 30, 2024

To overcome various challenges associated with multicloud , organizations need to map out a comprehensive multicloud management strategy to achieve overall success. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. What is multicloud architecture?

Strategy 95

Strategy Cost-Benefit Risk Optimization 95

datapine

FEBRUARY 22, 2022

1) What Is A Business Intelligence Strategy? 2) BI Strategy Benefits. 4) How To Create A Business Intelligence Strategy. Whether you are starting from scratch, moving past spreadsheets, or looking to migrate to a new platform: you need a business intelligence strategy and roadmap in place. Table of Contents.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

IBM Big Data Hub

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

Strategy 89

Strategy Cost-Benefit Digital Transformation Uncertainty 89

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 68

Strategy Cost-Benefit Key Performance Indicator Consulting 68

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 80

Risk Management Risk Management Measurement 80

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. Focusing on ESG Risk Management can help your organization become more profitable, and your organization can start on this journey today. So how does ESG risk management help the bottom line?

Risk Management 82

Risk Management Risk Management Metrics 82

IBM Big Data Hub

SEPTEMBER 13, 2023

As data leaks on the dark web continue to make headlines, organizations face heightened pressure to reinforce their breach containment strategies. Incorporating an effective attack surface management tool into your security strategy can significantly help you mitigate the risks of data breaches.

Risk 98

Risk Management Strategy Measurement 98

DataKitchen

MAY 10, 2024

This blog post introduces five critical use cases for data observability, each pivotal in maintaining the integrity and usability of data throughout its journey in any enterprise. Read The Entire Blog Series Each use case presents unique challenges and requires specific strategies to ensure data health.

Data Quality 141

Data Quality Dashboards Strategy Testing 141

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. This blog lays out some steps to help you incrementally advance efforts to be a more data-driven, customer-centric organization. Cloudera refers to this as universal data distribution, as explored further in this blog post. Embrace incremental progress.

Strategy 105

Strategy Data Strategy ROI Cost-Benefit 105

IBM Big Data Hub

MAY 8, 2023

This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI. Risk and limitations of AI The risk associated with the adoption of AI in insurance can be separated broadly into two categories—technological and usage.

Insurance 71

Insurance Risk Testing Data Quality 71

IBM Big Data Hub

SEPTEMBER 6, 2023

According to the IBM survey, when CMOs were asked what they thought the primary challenges were in adopting generative AI, they listed three top concerns: managing the complexity of implementation, building the data set and brand and intellectual property (IP) risk. With the right generative AI strategy, marketers can mitigate these concerns.

Marketing 117

Marketing Strategy B2B Cost-Benefit 117

IBM Big Data Hub

DECEMBER 7, 2023

And that’s why companies need an effective data center consolidation strategy. What is a data center consolidation strategy? A data center consolidation strategy is a plan an organization creates and implements to shrink its data-storage processes and streamline its system of data management. What is a data center?

Strategy 95

Strategy Cost-Benefit Data Processing Software 95

IBM Big Data Hub

MARCH 6, 2024

Types of cloud migration The specific strategies and scenarios for cloud adoption and migration depend on the needs of the organization and its current IT infrastructure. Cloud migration strategies There are several types of cloud migration strategies that organizations employ, based on their specific needs.

Optimization 77

Optimization Strategy Cost-Benefit Testing 77

IBM Big Data Hub

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.

Strategy 78

Strategy Cost-Benefit Testing Manufacturing 78

IBM Big Data Hub

DECEMBER 20, 2023

To capture the most value from hybrid cloud, business and IT leaders must develop a solid hybrid cloud strategy supporting their core business objectives. Building a successful hybrid cloud strategy Every organization must contend with its own infrastructure, distinct workloads, business processes and workflow needs.

Strategy 98

Strategy Cost-Benefit Digital Transformation Optimization 98

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 74

Strategy Business Objectives Cost-Benefit Consulting 74

DataRobot Blog

APRIL 29, 2022

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111

Risk Modeling IT Risk Management 111

Andrew White

JUNE 29, 2023

Stories abound: Deglobalization Reglobalization Friend-shoring Near-shoring De-risking The list of related words is almost endless. It All Connects, Anyway The depth and breadth of news related to sovereign data and digital strategies is vast. Sovereign data strategies will impact almost every business, eventually.

Strategy 52

Strategy Data Strategy Finance Risk 52

DataKitchen

MAY 10, 2024

This blog post delves into the third critical use case for Data Observation and Data Quality Validation: development and Deployment. It highlights how DataKitchen’s Data Observation solutions equip organizations to enhance their development practices, reduce deployment risks, and increase overall productivity.

Testing 124

Testing Cost-Benefit Data Quality Dashboards 124

CDW Research Hub

DECEMBER 8, 2021

Unfortunately, the holidays can also bring an increased risk of data breaches. Doing a comprehensive review of your data protection, security programs and controls, networks, applications and data allows you to identify risk areas and create a strategy for resolution.

Strategy 88

Strategy Risk Consulting Data Governance 88

Cloudera

DECEMBER 14, 2022

OCBC Bank optimizes customer experience & risk management with multi-phased data initiative. The company recently migrated to Cloudera Data Platform (CDP ) and CDP Machine Learning to power a number of solutions that have increased operational efficiency, enabled new revenue streams and improved risk management.

Data Strategy 79

Data Strategy Strategy IT Contextual Data 79

IBM Big Data Hub

NOVEMBER 14, 2023

This growth could be internal cost effectiveness, stronger risk compliance, increasing the economic value of a partner ecosystem, or through new revenue streams. Realize: Instrument the data product services to enable adherence to risk and compliance controls with event and metrics data integrated to financial management.

Strategy 108

Strategy Cost-Benefit Data-driven Measurement 108

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 90

Strategy Data Architecture Cost-Benefit Reporting 90

DataRobot Blog

NOVEMBER 17, 2022

What’s your AI risk mitigation plan? Just as you wouldn’t set off on a journey without checking the roads, knowing your route, and preparing for possible delays or mishaps, you need a model risk management plan in place for your machine learning projects. Enterprise Ready AI: Managing Governance and Risk. The hard truth is no.

Risk Management 52

Risk Management Risk Modeling Management 52

Laminar Security

NOVEMBER 9, 2023

Today’s data security strategies need new solutions, but unfortunately, many existing tools can only manage one piece of that much bigger and more complex puzzle. Highlight gaps in your current strategy. Achieving the above without increasing data risk. Even backups often include the malware that initially put the data at risk.

Strategy 88

Strategy Risk Testing Recreation/Entertainment 88

IBM Big Data Hub

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. We’ll go deeper into EAMs, the technologies underpinning them and their implications for asset lifecycle management strategy in another section. What is an asset? First, let’s talk about what an asset is and why they are so important.

Strategy 74

Strategy Management Cost-Benefit IoT 74

Cloudera

DECEMBER 15, 2021

Organizations were evaluated based on their current use of data and analytics, parties championing the use of data and the extent to which data is used across processes, the presence of enterprise data strategies, and the extent to which capabilities relating to an Enterprise Data Cloud have been achieved. .

Data Strategy 83

Data Strategy Strategy Snapshot Data-driven 83

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? They need to understand;

Risk 80

Risk Modeling Risk Management Measurement 80

bridgei2i

JANUARY 17, 2021

Case study: Emerging Risk Identification for Personal Lines Insurance. The client, a global insurance leader, wanted to identify emerging risks, associated drivers & trends by analyzing various external data sources including medical journals, legal opinion blogs, newsfeed & social media. Business Context.

Insurance 52

Insurance Risk Interactive Enterprise 52

Alation

OCTOBER 5, 2021

Answers will differ widely depending upon a business’ industry and strategy for growth. The first step towards a successful data governance strategy is setting appropriate goals and milestones. Yet, so many companies today are still failing miserably in implementing data strategy and governance protocols.

Data Governance 96

Data Governance Strategy Data Quality Metrics 96

IBM Big Data Hub

AUGUST 1, 2023

Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching? Modern unified endpoint management (UEM) solutions include laptop management.

Risk 56

Risk Management Machine Learning IoT 56

IBM Big Data Hub

AUGUST 17, 2023

Overprovisioning is the go-to strategy for avoiding performance risks. It’s a low-risk way to get comfortable with automation. In other words, put those performance-risk nightmares to bed. Trying to find the balance between performance and efficiency is anything but a walk in the park. Have your app owner take it.

Risk 60

Risk Metrics Dashboards Optimization 60