CIO Business Intelligence

JUNE 6, 2024

Some enterprises struggle with executing a critical step in their AI journeys: developing and establishing AI guardrails and ethical policies within their organization, according to the Texas-based non-profit, whose members include Amazon Web Services, Boston Consulting Group, ATB Financial, and Shell.

Risk Management 130

Risk Management Risk Data-driven Consulting 130

CIO Business Intelligence

JUNE 21, 2024

Manufacturing business leaders have specific priorities: Increasing revenue/value Improving cost-efficiency Minimizing business risks and their impact For each priority, IT leaders must demonstrate how IT modernization projects yield tangible and intangible business benefits for the organization. Results: cost savings, improved productivity.

Manufacturing 109

Manufacturing Key Performance Indicator IoT IT 109

Cloudera

MARCH 28, 2019

Picture the scene: a hopeful homebuyer sits in the almost deserted lobby of a high street bank, waiting for the appointment she booked with the mortgage consultant a week ago – a week ago! Yet banks work with the same raw material as new entrants: data, masses of it. Risk management 3.0.

Risk 75

Risk Management Risk Management Machine Learning 75

CIO Business Intelligence

AUGUST 7, 2024

And how quickly will AI earn trust to operate with the most sensitive data and facilitate high-stakes decisions? AIOps: improving network performance and intelligence The enterprise network — already bigger, faster, and smarter than ever — is somehow still ripe for more AI-driven improvement.

Data Processing 139

Data Processing Data-driven Enterprise Consulting 139

O'Reilly on Data

OCTOBER 22, 2020

We do so out of genuine curiosity as well as professional necessity: Q is an ML/AI consultant, Chris is a product manager in the AI space, and Shane is an attorney. The opinions presented here are personal, do not reflect the view of our employers, and are not professional product, consulting, or legal advice. A lot of questions.

Consulting 305

Consulting Risk Cost-Benefit Modeling 305

CIO Business Intelligence

AUGUST 1, 2023

Data collection on tribal languages has been undertaken for decades, but in 2012, those working at the Myaamia Center and the National Breath of Life Archival Institute for Indigenous Languages realized that technology had advanced in a way that could better move the process along.

Risk 98

Risk IT Software Digital Transformation 98

Smart Data Collective

APRIL 29, 2020

Big data is changing the nature of IT support. The impact of big data on this field is two-fold: Companies are using big data to provide better IT support Big data technology has created a number of new challenges that need to be addressed. Changing Future of Remote IT Support in the Big Data Age. Managed services.

Data-driven 89

Data-driven IT Cost-Benefit Big Data 89

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 127

Enterprise Digital Transformation Consulting Uncertainty 127

CIO Business Intelligence

JULY 16, 2024

If you’re not yet an agent of change at your organization, your career as CIO may be at risk of falling behind. National US CIO program leader at Deloitte Consulting. Deloitte breaks CIOs into two categories, defining CIOs who are change agents, enable transformation and innovation, and take risks as “contemporary CIOs.”

Digital Transformation 126

Digital Transformation Risk Consulting Technology 126

IBM Big Data Hub

JANUARY 22, 2024

Data centers are undergoing significant evolution. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective. Catalysts and conundrums A dramatic shift in development and operations is making data centers more agile and cost-effective.

Data-driven 100

Data-driven Forecasting Consulting Marketing 100

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. My name is Melita Menezes, and I’m a consultant at BRIDGEi2i.

Risk Management 128

Risk Management Risk Enterprise Management 128

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. Security and protection are the most important aspects for a business, given the recent growth in data thefts and loss of valuable data.

IoT 129

IoT Internet of Things Cost-Benefit Consulting 129

CIO Business Intelligence

JANUARY 22, 2024

As enterprises become more data-driven, the old computing adage garbage in, garbage out (GIGO) has never been truer. The application of AI to many business processes will only accelerate the need to ensure the veracity and timeliness of the data used, whether generated internally or sourced externally.

Data Strategy 131

Data Strategy Strategy Data-driven Enterprise 131

CIO Business Intelligence

AUGUST 15, 2024

Many of those gen AI projects will fail because of poor data quality, inadequate risk controls, unclear business value , or escalating costs , Gartner predicts. In the enterprise, huge expectations have been partly driven by the major consumer reaction following the release of ChatGPT in late 2022, Stephenson suggests.

ROI 143

ROI Cost-Benefit Experimentation Deep Learning 143

IBM Big Data Hub

JUNE 23, 2023

Generative AI empowers faster and better data-driven decisions based on historical data, market trends and the use of AI foundation models that identify patterns and anomalies often missed by traditional analysis methods. Risk management and controls are an imperative in F&A. Apply the controllership lens.

Finance 56

Finance Consulting Data-driven Risk 56

CIO Business Intelligence

AUGUST 30, 2024

It wasn’t long ago its AI-driven recruiting tool was abandoned for failing to sort candidates for technical positions in a gender-neutral way. In healthcare, consider a scenario in which a patient interacts with an AI-driven medical consultation platform seeking advice on a concerning symptom. A few best practices come to mind.

Data-driven 117

Data-driven Modeling Consulting Interactive 117

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. Cybersecurity is the practice of taking precautions to protect data privacy, security, and reliability from being compromised online. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information.

Technology 94

Technology Risk Measurement IoT 94

CIO Business Intelligence

DECEMBER 29, 2023

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” 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.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

FEBRUARY 1, 2023

While some see digital transformation as a trend that has existed since the 1950s, an alternative view is that today’s digitalisation is a distinct phase because it describes the way technology and data now define rather than merely support operations. Big Data, Data and Information Security, Digital Transformation

Digital Transformation 113

Digital Transformation Uncertainty IoT Risk 113

Jet Global

FEBRUARY 18, 2020

Gary Melling is the President and CEO of Acquired Insights, a firm that designs customized AI applications and tech-driven strategic initiatives. We hear about companies becoming “data-driven.” What’s distinct about working with digital data compared to the insights of the past? How can they leverage their data?

Data-driven 64

Data-driven Machine Learning Cost-Benefit ROI 64

IBM Big Data Hub

OCTOBER 3, 2023

If you play fantasy football, you are no stranger to data-driven decision-making. And this year, ESPN Fantasy Football is using AI models built with watsonx to provide 11 million fantasy managers with a data-rich, AI-infused experience that transcends traditional statistics. But numbers only tell half the story. Not anymore.

Modeling 90

Modeling Statistics Consulting Unstructured Data 90

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% But despite those expenditures, there have already been at least 13 major data breaches, including at Apple, Meta and Twitter. to reach more than $188.3 billion this year.

IT 109

IT Cost-Benefit Risk Consulting 109

CIO Business Intelligence

SEPTEMBER 4, 2024

“Generative AI does have the ability to replace CIOs who don’t embrace the innovative shifts coming for companies,” says Tim Crawford, a former CIO himself and now a CIO strategic advisor at AVOA, a technology consultancy. AIs need a lot of training data, and for some types of high-level, strategic decisions, there isn’t much of it.

Measurement 132

Measurement Technology Strategy Consulting 132

CIO Business Intelligence

MAY 15, 2024

Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name. If you have a data center that happens to have capacity, why pay someone else?” It’s also the training data, model weights, and fine tuning. Gen AI, however, isn’t just code.

Modeling 136

Modeling Risk Software Enterprise 136

CIO Business Intelligence

MARCH 9, 2022

Today’s cloud strategies revolve around two distinct poles: the “lift and shift” approach, in which applications and associated data are moved to the cloud without being redesigned; and the “cloud-first” approach, in which applications are developed or redesigned specifically for the cloud.

Strategy 145

Strategy Consulting Risk Testing 145

IBM Big Data Hub

OCTOBER 12, 2022

If you play fantasy football, you are no stranger to the concept of data-driven decision making. To identify and distill the insights locked inside this sea of “unstructured” data, ESPN collaborated with IBM to teach Watson the language of football. But numbers only tell half the story. Not anymore.

Unstructured Data 78

Unstructured Data Consulting Statistics Data-driven 78

Jedox

APRIL 10, 2019

When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. This approach meant they avoided the risk of waiting 6-12 months to get any result. It was low-risk and required minimal training.

Digital Transformation 43

Digital Transformation Risk Finance Sales 43

CIO Business Intelligence

OCTOBER 10, 2024

The growing importance of ESG and the CIO’s role As business models become more technology-driven, the CIO must assume a leadership role, actively shaping how technologies like AI, genAI and blockchain contribute to meeting ESG targets.

Metrics 122

Metrics Optimization Strategy Technology 122

Cloudera

APRIL 23, 2024

The Hackathon was intended to provide data science experts with access to Cloudera machine learning to develop their own Accelerated Machine Learning Project (AMP) focused on solving one of the many environmental challenges facing the world today.

Machine Learning 94

Machine Learning Data Science Data-driven Data Processing 94

CIO Business Intelligence

MAY 22, 2024

While Kane shows clients how to save time and money using AI tools like Microsoft Copilot, many SMB customers still don’t see the value of generative AI in tasks like writing a newsletter, when the AI doesn’t have access to their internal data. They need to be shown how to really use the tool in order to use it effectively,” he says. “A

ROI 143

ROI IT Measurement Cost-Benefit 143

CIO Business Intelligence

JULY 9, 2024

According to Ikea, Billie has handled over 47% of customer inquiries during the past two years, freeing up nearly 10,000 call center workers to gain new skills, including those of interior design advisors to help provide consultations for customers. Augmented skills that are “fundamentally human,” but can be enhanced by gen AI tools.

Metrics 139

Metrics Measurement Consulting Technology 139

CIO Business Intelligence

MARCH 23, 2022

In fact, the days of task-driven technology have vanished, replaced by technology as a vehicle for business growth. While enterprise transformation is driven by customer and business needs, technology can be the catalyst for large transformational change. Learn more about Protiviti’s Technology Consulting Services. Joan Smith.

Technology 98

Technology IoT Internet of Things Data-driven 98

CIO Business Intelligence

JUNE 21, 2022

Governance should be designed with adaptability in mind to ensure IT remains in alignment with business objectives, continually providing value while effectively safeguarding the organization against potential risks, Bales says. Poor risk planning. Insufficient operational visibility.

IT 113

IT Risk Measurement Risk Management 113

IBM Big Data Hub

JULY 19, 2023

This digital data is coming at the industry in various formats, like unstructured text, images, PDFs and emails. Content creation : Personas, user stories, synthetic data, generating images, personalized UI, marketing copy, email and social responses and more. Why IBM Consulting for generative AI on AWS?

Consulting 59

Consulting Machine Learning Manufacturing Optimization 59

IBM Big Data Hub

APRIL 21, 2023

At IBM Consulting , our finance consulting practitioners have seen first-hand how the CFO can help foster enterprise-wide change. These are the consultants that are often engaging with collaborative CFOs on ways to deliver new value- and work-streams within the finance function, as well as across the enterprise too.

Finance 74

Finance Consulting Enterprise Data-driven 74

Juice Analytics

JULY 25, 2021

There are a few macro-level data points and a collection of quotes from customers. In my view, the “greatest ever” sales deck could be better with data. But not just more data or more charts. It could be better with data storytelling. It needs data presented to both build credibility and enable discussion.

Sales 140

Sales Data-driven Consulting Measurement 140

CIO Business Intelligence

AUGUST 9, 2023

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Other research confirms the imperatives for engaging in digital transformation.

Digital Transformation 137

Digital Transformation Data-driven Strategy Consulting 137