CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 142

Risk Consulting Machine Learning Data Science 142

Jet Global

APRIL 20, 2020

Whereas business intelligence is tactical, financial intelligence is strategic. . As organizations have deployed an array of different systems to address their business requirements, the challenges of understanding that data have increased exponentially. Business intelligence is tactical.

Business Intelligence 78

Business Intelligence Finance Data Warehouse OLAP 78

Information Builders

APRIL 20, 2015

Today at the 2015 CEB Financial Services Technology Summit, Information Builders, a leader in business intelligence ( BI ) and analytics, information integrity, and integration solutions, announced a global partnership with Capital Markets Consulting to help banks, investment managers, and regulators facilitate improved data analysis and enable better (..)

Consulting 58

Consulting Risk Management Risk Marketing 58

Jet Global

JANUARY 6, 2020

Business intelligence (BI) tools have become an enterprise software staple, and it’s easy to see why: the ability to explore, visualize and share business data has made BI solutions a bedrock upon which faster, better decisions can be made. 4 Tips for Improving Your Financial Reporting.

Consulting 64

Consulting Reporting Finance Data Warehouse 64

CIO Business Intelligence

APRIL 1, 2024

Sixty-six percent of C-level executives are ambivalent or dissatisfied with the progress of their AI or GenAI efforts, according to Boston Consulting Group 1. Deloitte 2 meanwhile found that 41% of business and technology leaders said a lack of talent, governance, and risks are barriers to broader GenAI adoption.

Data Lake 124

Data Lake Consulting Uncertainty Risk 124

CIO Business Intelligence

APRIL 24, 2024

The partnership between Cognizant and Microsoft may help ease some of that, as Cognizant’s consulting services can help enterprises find ways to leverage copilots as part of their business processes. Ensuring human oversight and rigorous quality checks can mitigate the risks associated with AI errors.”

Enterprise 118

Enterprise Digital Transformation Consulting Risk 118

datapine

OCTOBER 21, 2020

If you put on too many workers, you run the risk of having unnecessary labor costs add up. Analytics, already trending as one of the business intelligence buzzwords in 2019, has the potential to become part of a new strategy. Chronic insomnia and an elevated heart rate can signal a risk for future heart disease for instance.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

CIO Business Intelligence

AUGUST 1, 2023

So basically, they made available to us their server platforms, their DevOps platform, and then consulting to help us use those things,” says Dr. Troy. Supporting us with our repository for developers with a kind of a testing deployment architecture for continuous updates and employment and deployment.

Risk 98

Risk IT Software Digital Transformation 98

CIO Business Intelligence

SEPTEMBER 26, 2023

Management rules typically exist to enable faultless decision-making, set a foundation for consistent operation, and provide protection from risk, observes Ola Chowning, a partner at global technology research and advisory firm ISG. Breaking a rule often happens after the CIO weighs the risk of removing or retaining a mandate,” she notes.

IT 138

IT Risk Cost-Benefit Consulting 138

CIO Business Intelligence

APRIL 5, 2024

The EU and US want to foster scientific information exchange between AI experts on either side of the Atlantic in areas such as developing benchmarks and assessing potential risks. The emphasis is on developing “safe, secure, and trustworthy” AI technologies.

Risk 125

Risk Testing Consulting Machine Learning 125

CIO Business Intelligence

OCTOBER 16, 2023

PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three. Cybersecurity experts at Verizon Consulting Services draw on hands-on experience in solving payment card security challenges dating back to the formation of the PCI security regulation in 2002.

Gap analysis 123

Gap analysis Consulting Risk Measurement 123

CIO Business Intelligence

JANUARY 3, 2024

AI First in the Contact Center IBM Consulting and Amazon Web Services (AWS) are working together to bring an AI-first strategy to contact center transformation. They have created a joint solution that combines Amazon Connect with additional features from IBM Consulting to optimize and personalize customer communication.

Insurance 110

Insurance B2B Consulting Cost-Benefit 110

CIO Business Intelligence

OCTOBER 26, 2023

In this past quarter, we saw good revenue growth in software and consulting,” IBM CEO Arvind Krishna said during an earnings call. This is helping drive solid growth in our software and consulting businesses. As a result, we remain confident in our revenue and free cash flow growth expectations for the full year,” Krishna added.

Consulting 114

Consulting Software Enterprise Modeling 114

IBM Big Data Hub

DECEMBER 1, 2023

This relatively new system offers a centralized platform with applications to manage all aspects of your business from supply chain management to inventory management to financial management. Data risks: Doing in-house data backups or upgrades could lead to corrupted files, potentially putting an organizations data at a higher risk.

Enterprise 95

Enterprise Cost-Benefit Consulting Software 95

CIO Business Intelligence

FEBRUARY 12, 2024

At this point in time, however, SAP’s business practices are starting to take shape, and customers would be well advised to assess their short- and long-term leverage position as they contemplate the next phase of their SAP journey. Midlevel leadership should not underestimate SAP’s ability to position their vision, successes, and $2.2B

Consulting 92

Consulting Cost-Benefit Strategy Modeling 92

CIO Business Intelligence

APRIL 4, 2024

AI is showing up in every software package and in every technology, particularly generative AI,” says Dan Diasio, global AI consulting leader at EY, while some vendors, such as Microsoft, have made AI core to their software. Our biggest risk is if our employees don’t use AI as much as they could.”

Enterprise 130

Enterprise Cost-Benefit Forecasting Strategy 130

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. Employee training on AI is essential, says Sam Ferrise, CTO at Trinetix, a tech consulting firm.

Experimentation 129

Experimentation Forecasting Risk Consulting 129

CIO Business Intelligence

MARCH 13, 2024

Management consulting firm AArete has been using other gen AI to do just that for about a year. “We At Gallagher, a global insurance brokerage, risk management, and consulting services firm, executive search practice managing director Tom Wilson says his team uses gen AI for research and written communications.

IT 126

IT Consulting Testing Cost-Benefit 126

CIO Business Intelligence

MARCH 26, 2024

Remotely manage your fleet Simplify device onboarding with the HP Smart app Stay productive with automatic supplies replenishment Count on express exchange or next-businessday service Get usage reporting in Device Control Center (DCC) and Strategic Business Reviews (SBR) Manage your risk Securely connect Flexworker devices to the cloud for telemetry (..)

Management 92

Management Finance Consulting Risk 92

CIO Business Intelligence

JANUARY 19, 2024

“It’s a key issue that needs attention, and a CIO can and should set the tone and practices for effective stakeholder management,” says Brett Tucker, an adjunct professor of cyber risk management at Carnegie Mellon University’s Heinz College. More specifically, it addresses who is Responsible, Accountable, Supporting, Consulted, and Informed.

Management 117

Management Consulting Risk Strategy 117

CIO Business Intelligence

FEBRUARY 8, 2024

“Proactive and collaborative partnerships are built successfully if both sides avoid the trappings of a purely transactional relationship,” says Anja Allen, principal in the technology consulting practice at EY Consulting. “If This deepens and elevates your relationship into a strategic partnership and can lead to innovative solutions.”

Management 130

Management Scorecard Cost-Benefit Key Performance Indicator 130

CIO Business Intelligence

APRIL 12, 2024

For financial services in the short term, generative AI specifically will allow for further automation of financial analysis and reporting, enhancement of risk mitigation efforts, and optimization of financial operations, according to a report, The implications of generative AI in Finance , by consulting firm Deloitte.

Experimentation 141

Experimentation Reporting Testing Statistics 141

CIO Business Intelligence

JANUARY 12, 2024

Overwhelming majorities of executives around the world are planning to spend money on generative AI this year, but very few are truly ready for the technology, according to a survey released today by the Boston Consulting Group. It forces conversations like ‘what kind of data stores do we have,’ and ‘what can we really do with them?’”

Risk Management 122

Risk Management Consulting Reporting Risk 122

CIO Business Intelligence

APRIL 15, 2024

Whether you’re exploring governance and risk in Gen AI or learning about best practices to optimize your cloud strategy, these discussions are designed to spark meaningful conversations and drive actionable insights. Artificial Intelligence, Events, IT Leadership All applications to attend are carefully reviewed.

Data Processing 105

Data Processing Consulting Sales Technology 105

FineReport

APRIL 9, 2024

Benefits of Healthcare Business Intelligence Tools Improved Decision-Making: Healthcare BI tools enable informed decision-making by providing real-time data analysis and predictive insights. By leveraging these tools, healthcare providers can gain valuable insights into patient outcomes, operational efficiency, and resource allocation.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

AUGUST 30, 2023

In my previous column in May, when I wrote about generative AI uses and the cybersecurity risks they could pose , CISOs noted that their organizations hadn’t deployed many (if any) generative AI-based solutions at scale. Today, it is, as they create a mysterious new risk and attack surface to defend against.

Enterprise 129

Enterprise Risk Measurement Software 129

CIO Business Intelligence

MAY 15, 2024

According to Synopsys’ open source security and risk analysis released in February, 96% of all commercial code bases contained open source components. Companies can download the code, but then they need in-house expertise or hired consultants to make everything work. It also focuses largely on risk and governance issues.

Modeling 90

Modeling Risk Software Enterprise 90

CIO Business Intelligence

NOVEMBER 23, 2022

By working closely with them, IT leaders can become more dynamic, proactive, self-determining, self-regulated, flexible, strong, robust, and resilient,” says Dr Suresh A Shan, a technology consultant with Mumbai-based rural non-banking financial company Mahindra & Mahindra Financial Services.

Risk 125

Risk Consulting Enterprise Technology 125

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

SEPTEMBER 23, 2022

“What cyberresilience really focuses us on is protecting critical services so we can deal with business risks in the most effective way. With a risk-based approach to cyberresilience, organizations evolve practices and design security to be business-aware. A Cyberresilience Road Map.

Risk 89

Risk Testing Strategy Forecasting 89

CIO Business Intelligence

DECEMBER 29, 2023

But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm. They’re also asking how to get truth from fiction from what service providers and consultancies tell us they can or can’t do around generative AI.”

Cost-Benefit 134

Cost-Benefit Digital Transformation Consulting Strategy 134

CIO Business Intelligence

SEPTEMBER 6, 2023

While the potential of Generative AI in software development is exciting, there are still risks and guardrails that need to be considered. Risks of AI in software development Despite Generative AI’s ability to make developers more efficient, it is not error free. Artificial Intelligence, Machine Learning

Software 117

Software Experimentation Risk Data Lake 117

datapine

MAY 2, 2023

The rise of SaaS business intelligence tools is answering that need, providing a dynamic vessel for presenting and interacting with essential insights in a way that is digestible and accessible. In other words, UPS found that turning into oncoming traffic was causing a lot of delays, wasted fuel, and increased safety risk.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

JULY 4, 2023

And if you’re presenting, it’s best to study older board packages and consult with colleagues about how the directors discuss, debate, and finalize key decisions. When presenting, you’ll need to win over board members by doing your homework, communicating in business language, and practicing the presentation.

IT 125

IT Digital Transformation Risk Consulting 125

IBM Big Data Hub

JUNE 29, 2023

IBP brings together various functions, including sales, marketing, finance, supply chain, human resources, IT and beyond to collaborate across business units and make informed decisions that drive overall business success. It enables a centralized repository of information and provides real-time visibility into the entire business.

Key Performance Indicator 83

Key Performance Indicator Forecasting Data Integration Sales 83

CIO Business Intelligence

APRIL 29, 2024

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. Ryan Downing, CIO of enterprise business solutions at Principal Financial Group, saw how this challenge impacted his organization.

IT 121

IT Consulting Technology Strategy 121

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

IT 111

IT Cost-Benefit Risk Consulting 111