CIO Business Intelligence

MARCH 12, 2024

It’s common knowledge among CIOs that disaster recovery investments are always de-prioritized by company boards — until disaster strikes. Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. The average cost of a data breach is $4.64

ROI 121

ROI IT Manufacturing Metrics 121

IBM Big Data Hub

JANUARY 11, 2024

Successful business owners know how important it is to have a plan in place for when unexpected events shut down normal operations. Let’s start with some commonly used terms: Disaster recovery (DR): Disaster recovery (DR) refers to an enterprise’s ability to recover from an unplanned event that impacts normal business operations.

Cost-Benefit 103

Cost-Benefit Risk Enterprise Software 103

IBM Big Data Hub

MARCH 27, 2024

Climate change causes extreme weather events across the world that endanger people’s lives and disrupt the businesses on which they depend. The United States saw 25 climate disaster events in 2023 with losses of more than USD 1 billion each. These events included floods, severe storms and a drought.

Risk 67

Risk Forecasting Insurance Strategy 67

CIO Business Intelligence

SEPTEMBER 10, 2022

American Airlines, the world’s largest airline, is turning to data and analytics to minimize disruptions and streamline operations with the aim of giving travelers a smoother experience. The biggest challenge is turning that data into actionable insights that can be acted on easily and seamlessly in real-time in this 24-7-365 environment.”.

Analytics 138

Analytics Machine Learning Digital Transformation Data Warehouse 138

CIO Business Intelligence

APRIL 29, 2024

If you are a CIO or CISO and haven’t yet read this article – Finance worker pays out $25 million after video call with deepfake ‘chief financial officer,’ you should and then share it with your entire company. It could save your company millions, and potentially much more. Lesson learned: once access is given, it’s too late.

Finance 95

Finance Recreation/Entertainment Measurement Risk 95

CIO Business Intelligence

NOVEMBER 20, 2023

Companies are now moving toward AI-powered decision-making in customer service—tapping into voice and sentiment analysis to automate complex processes such as recognizing customer intent and taking a recommended action to resolve it. Now they’re eyeing a next-phase opportunity—relying on machine intelligence to handle complex decisions. “If

Sales 127

Sales Cost-Benefit Manufacturing Forecasting 127

CIO Business Intelligence

MAY 16, 2024

Show us how your project has delivered tangible business value—be it increased revenue, cost savings, or enhanced customer satisfaction. Your data-backed achievements can earn your team the spotlight they deserve. Note, a company can only win with one project, regardless of the number of submissions. What Are We Looking For?

IT 52

IT Measurement Technology 52

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. Last year, companies spent USD 219 billion on cybersecurity and solutions alone, a 12% increase from 2022, according to a recent report by the International Data Corporation (IDC) (link resides outside ibm.com).

Strategy 100

Strategy Cost-Benefit Testing Risk 100

Rocket-Powered Data Science

MARCH 19, 2021

How to make smarter data-driven decisions at scale : [link]. The determination of winners and losers in the data analytics space is a much more dynamic proposition than it ever has been. A lot has changed in those five years, and so has the data landscape. But if they wait another three years, they will never catch up.”

Internet of Things 259

Internet of Things Analytics IoT Prescriptive Analytics 259

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 88

Strategy Management Forecasting Cost-Benefit 88

IBM Big Data Hub

APRIL 18, 2024

This allows SREs to resolve incidents by directly looking at the source of the problem, instead of symptoms— saving them many hours of work and avoiding considerable cost for the business. The results in this space often depend on the well-known triple: the data, the assumptions made and the method applied.

Metrics 64

Metrics Statistics Dashboards Management 64

Jet Global

JUNE 22, 2023

There are always new things to be learning and experiences to help you guide your company through the waves of the business cycle. He has served as the CFO for many companies ranging from new start-ups to established companies with several million in revenue. It is viewed as a burden that costs companies money.

KPI 105

KPI Finance Dashboards Digital Transformation 105

CIO Business Intelligence

JUNE 13, 2023

The main constituency: Any developer who will happily trade a bit of precision for a big savings in electricity. If there’s less of a need for absolute precision and more of a need to save electricity, the chips will be more likely to win. The pace of innovation is relentless. If the information is public, why make a distinction?

IT 135

IT Scorecard Software Modeling 135

CIO Business Intelligence

DECEMBER 7, 2023

Then there’s the southern island of Kyushu, the tail-end of Japan, which is particularly prone to increasingly frequent and more intense disasters such as heavy-rain events, typhoons, and earthquakes. And the key to success is having data that can be analyzed for actionable insights.

IoT 84

IoT Internet of Things Forecasting Digital Transformation 84

CIO Business Intelligence

FEBRUARY 10, 2023

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. As such it can help adopters find ways to save and earn money. from 2022 to 2028.

Predictive Analytics 140

Predictive Analytics Analytics Predictive Modeling Forecasting 140

Smart Data Collective

SEPTEMBER 28, 2022

Automated outbound calls can save you a lot of time and money as an organization, by automating the frequently repeated calling processes. And that’s especially when you have hundreds or thousands of users to get data from. This helps save the calling agents from repeating themselves over and over.

Technology 125

Technology Cost-Benefit Marketing Advertising 125

AWS Big Data

MARCH 7, 2024

Organizations often need to manage a high volume of data that is growing at an extraordinary rate. At the same time, they need to optimize operational costs to unlock the value of this data for timely insights and do so with a consistent performance. We think of this concept as inside-out data movement. Example Corp.

Data Lake 112

Data Lake Analytics Dashboards Metrics 112

IBM Big Data Hub

JANUARY 22, 2024

Over 17 percent of all cyberattacks involve ransomware —a type of malware that keeps a victim’s data or device locked unless the victim pays the hacker a ransom. Because many new types of ransomware target backups to make recovery harder, keep data backups offline. The first thing to keep in mind is you’re not alone.

Consulting 115

Consulting Behavioral Analytics Reporting Insurance 115

Smart Data Collective

AUGUST 30, 2020

Even if you aren’t IT savvy, you can learn how to manage potentially damaging events for your business. The key is in preparing yourself for the worst by determining the Recovery Point Objective and using the data to your advantage. Predictive analytics is revolutionizing the future of cybersecurity.

Predictive Analytics 110

Predictive Analytics Analytics Analytics Technologies Risk 110

CIO Business Intelligence

JANUARY 25, 2023

Retiring redundant toolsets and establishing one source of truth for data collection and correlation across multi-vendor technologies. The end result has been tool sprawl, which costs companies an average of $2.5 This visibility is essential if teams are to avoid the downtime that results in lost revenues. million per year.

IT 82

IT Cost-Benefit ROI Software 82

CIO Business Intelligence

FEBRUARY 15, 2024

If the CEO doesn’t understand how the CIO role is evolving, or the CIO isn’t ready to make the leap to being a business leader in the C-suite, a company’s ability to innovate in a competitive and challenging environment will be damaged. The strong will of the CEO ensured innovation activities didn’t encounter any obstacles.”

Strategy 110

Strategy Digital Transformation Cost-Benefit Forecasting 110

Smart Data Collective

MAY 27, 2021

The automotive industry has been far more reliant on big data than most other sectors in recent years. A growing number of major automobile manufacturers have started using data analytics and AI to improve production. There have been a number of clear advantages of using big data to manufacture automobiles. EV Sales Soaring.

Data Analytics 123

Data Analytics Manufacturing Big Data Analytics 123

Cloudera

NOVEMBER 16, 2022

I recently had the privilege of attending the CDAO event in Boston hosted by Corinium. Overall, it struck me that while data science is not new, most firms are still defining the mission of the data office and data officer. Cost Savings: costs avoided, manual labor and time savings. Storytelling .

Insurance 78

Insurance Cost-Benefit Metrics Measurement 78

Smart Data Collective

JUNE 19, 2022

Companies are using AI to better understand their customers, recognize ways to manage finances more efficiently and tackle other issues. Since AI has proven to be so valuable, an estimated 37% of companies report using it. Many suppliers are finding ways to use AI and data analytics more effectively. Failure or Delay Risk.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

Smart Data Collective

JANUARY 1, 2023

Useful and engaging apps help companies build audiences, delight customers & increase sales. The most innovative companies in the world aren’t just connecting with their customers through advertising. Studies show that more than 50% of customers who regularly use a branded app are more interested in buying from that company.

Marketing 108

Marketing Sales Advertising Technology 108

Smart Data Collective

SEPTEMBER 30, 2021

While obtaining and processing data is a challenge, several start-up companies are developing tools that will not only quantify emissions but also help develop plans (based on data) on how to reduce emissions, such as through laying out more sustainable and informed decision making or through switching to viable renewable energy sources.

Machine Learning 121

Machine Learning Cost-Benefit Optimization Forecasting 121

Smart Data Collective

MAY 23, 2021

As a tech company, you will always be looking for ways to develop. Using data science and artificial intelligence can be useful for this type of growth. Rodrigo Liang is CEO of SambaNova, which provides both hardware and software to businesses for the purpose of analyzing data. Data science.

Data Science 99

Data Science Cost-Benefit Statistics Predictive Modeling 99

Smart Data Collective

JULY 27, 2022

Big data technology has helped businesses improve efficiency in many important ways. Many companies are using big data to streamline many different aspects of their business. They can use data-driven appointment management tools to make this process easier than ever. Book Like a Boss.

Big Data 113

Big Data Management Data-driven Software 113

IBM Big Data Hub

FEBRUARY 29, 2024

As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. trillion in 2023. What is renewable energy?

IoT 104

IoT Internet of Things Optimization Manufacturing 104

CIO Business Intelligence

JULY 26, 2023

During major events, they can also enjoy uninterrupted Wi-Fi services even if they are densely populated. Ernest Zhang, President, Huawei Enterprise Business Group in Europe In Europe, Huawei dives deep into scenarios and works with partners to support the region’s digital and green transition strategy.

Technology 98

Technology Digital Transformation Enterprise Strategy 98

Cloudera

SEPTEMBER 30, 2022

Cloudera DataFlow for the Public Cloud (CDF-PC) is a cloud-native service for Apache NiFi within the Cloudera Data Platform (CDP). New use cases: event-driven, batch, and microservices. The start is based on a trigger event like a file landing in object store, the start of a cron event, or a gateway endpoint being invoked.

IoT 72

IoT Data-driven Modeling Optimization 72

Smart Data Collective

NOVEMBER 14, 2022

AI technology has radically changed the future of many industries and is changing the way companies do business forever. There are also software companies like Gravyty that dedicate their services to providing AI support to non-profits so they can improve their relationships with donors.

Cost-Benefit 122

Cost-Benefit Software Management Technology 122

CIO Business Intelligence

APRIL 17, 2023

Challenges for fraud risk management Fraud is a big and a worthwhile business for today’s online criminals, who troll the internet and insert data-stealing malware into vulnerable sites and mobile apps. Every new portal and mobile app expand the attack surface and give hackers new opportunities to exploit vulnerabilities. In 2021, U.S.

Digital Transformation 93

Digital Transformation Risk Management Risk Consulting 93

IBM Big Data Hub

FEBRUARY 7, 2024

Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices. These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. trillion to the global economy by 2050.

Reporting 98

Reporting Cost-Benefit Internet of Things Data-driven 98

Smart Data Collective

NOVEMBER 5, 2023

Companies are projected to spend over $10 billion on marketing analytics technology in 2028. Why Are More Companies Investing in Analytics to Bolster their Digital Marketing Strategies? Data analytics has become a useful field that is helping businesses across the globe achieve their targets and objectives within a given budget.

Marketing 106

Marketing Analytics ROI Data-driven 106

IBM Big Data Hub

NOVEMBER 29, 2023

With the emergence of new advances and applications in machine learning models and artificial intelligence, including generative AI, generative adversarial networks, computer vision and transformers, many businesses are seeking to address their most pressing real-world data challenges using both types of synthetic data: structured and unstructured.

Metrics 88

Metrics Machine Learning Risk Statistics 88

Cloudera

SEPTEMBER 15, 2021

That’s where you find the ability to empower IoT devices to respond to events in real time by capturing and analyzing the relevant data. Edge computing relies on squeezing the power and functionality of a data center into a micro site as close to data sources as possible to enable real-time tasks. Real-time Demands.

IoT 117

IoT Analytics Internet of Things Data Lake 117