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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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What is data governance? Best practices for managing data assets

CIO Business Intelligence

Data governance definition Data governance is a system for defining who within an organization has authority and control over data assets and how those data assets may be used. It encompasses the people, processes, and technologies required to manage and protect data assets.

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What is Integrated Business Planning (IBP)?

IBM Big Data Hub

This may involve consolidating data from enterprise resource planning (ERP) systems, customer relationship management (CRM) systems, supply chain management systems, and other relevant sources. By analyzing data and conducting what-if analyses, companies can develop contingency plans and mitigate risks before they materialize.

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7 steps for turning shadow IT into a competitive edge

CIO Business Intelligence

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

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IBM’s watsonx.governance takes aim at AI auditing

CIO Business Intelligence

watsonx.governance is a toolkit for governing generative AI and machine learning models. It focuses on three core areas of documentation: compliance, risk management, and model lifecycle management — processes IBM says are intertwined. Artificial Intelligence, Data Governance, Generative AI, IBM

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3 key digital transformation priorities for 2024

CIO Business Intelligence

Not surprisingly, nearly 50% of respondents identified data quality as the top challenge in realizing the potential of generative AI, which requires increasing the scope of dataops and data governance programs to include unstructured data sources and defining where to apply them in LLM experiments.

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What is BCBS 239 Compliance?

Octopai

It will not surprise you to learn all 11 of the bank-relevant principles are related to data in some form or fashion. Here’s a sampling: – Principle 1 covers data governance, including “a firm’s policies on data confidentiality, integrity, and availability, as well as risk-management policies.”.