IBM Big Data Hub

MARCH 15, 2024

When a client is not able to properly visualize all applications and their underlying dependencies properly, they risk experiencing diminished reliability. The IBM Consulting Cloud Accelerator also provided a detailed discovery of mainframe applications. This allowed them to deliver higher-quality health outcomes to their customers.

Consulting 97

Consulting Cost-Benefit Risk Measurement 97

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. At this stage in the development of AI, investment in testing and safety is far more effective than regulation,” Carlsson argued.

Risk 128

Risk Testing Consulting Machine Learning 128

CIO Business Intelligence

MARCH 13, 2024

We did side-by-side testing,” he says. In testing, gen AI was also particularly good at generating test cases and creating dummy data for testing. Management consulting firm AArete has been using other gen AI to do just that for about a year. “We Some of the most successful were in industry and customer research.

IT 127

IT Consulting Testing Cost-Benefit 127

CIO Business Intelligence

APRIL 12, 2024

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

Experimentation 142

Experimentation Reporting Testing Statistics 142

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 126

Gap analysis Consulting Risk Measurement 126

CIO Business Intelligence

MAY 31, 2023

While the growing use of APIs increases seamless integration and improves customer experiences, a new set of risks emerges. It is important for organizations to understand the risks with the use of APIs and prepare to address those risks. This should include a strong understanding of data flows and trust boundaries.

Testing 90

Testing Risk Consulting Digital Transformation 90

CIO Business Intelligence

FEBRUARY 12, 2024

As genAI caught fire in 2023, many organizations rushed to test and learn from the technology and harness it to grow productivity and improve processes. 4 Additionally, while 63% have guardrails in place to use AI safely, these organizations worry about its role in misinformation, ethical bias and job loss among other risks, Wavestone found.

IT 122

IT Consulting Cost-Benefit Uncertainty 122

O'Reilly on Data

JUNE 16, 2020

The quality of the decision is based on known information and an informed risk assessment, while chance involves hidden information and the stochasticity of the world. Consider risk not only in terms of likelihood but also in terms of the impact of your decisions. Risk, Probability, Impact, and Decisions.

Uncertainty 275

Uncertainty Testing Risk Reporting 275

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 296

Consulting Risk Cost-Benefit Modeling 296

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! They also fail to model the effects of fear and the risk of contagion. Risk management 3.0.

Risk 73

Risk Management Risk Management Machine Learning 73

CIO Business Intelligence

MAY 3, 2024

During pilot testing, UPS earned 50% reduction in the time agents spent resolving e-mails. Customer service is emerging as one of the top use cases for generative AI in today’s enterprise, says Daniel Saroff, group vice president of consulting and research at IDC. That frees up human agents to handle the more complex questions.”

Testing 139

Testing Sales Enterprise Digital Transformation 139

CIO Business Intelligence

AUGUST 1, 2023

Supporting us with our repository for developers with a kind of a testing deployment architecture for continuous updates and employment and deployment. 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.

Risk 98

Risk IT Software Digital Transformation 98

CIO Business Intelligence

FEBRUARY 9, 2024

Consultancies and tech vendors often play up the transformative power of gen AI but pay less attention to its shortcomings. Having this policy in place can help to protect against a number of risks concerning contracts, cybersecurity, data privacy, deceptive trade practice, discrimination, disinformation, ethics, IP, and validation.

IT 136

IT Experimentation Risk Testing 136

IBM Big Data Hub

FEBRUARY 1, 2024

To help prepare, many organizations are testing their incident response (IR) plans and teams with cyber range simulations. million in data breach costs compared to organizations without an IR team or IR plan testing. Cybersecurity awareness and training Many companies struggle to understand their cyber risk.

Testing 92

Testing Data Processing Risk Consulting 92

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 140

IT Risk Cost-Benefit Consulting 140

IBM Big Data Hub

OCTOBER 2, 2023

Leaders are increasingly recognizing the power of AI as well as its potential limitations and risks. Chamber of Commerce Foundation is considering the opportunities and potential risks of solutions harnessing AI, particularly related to skills-based hiring. The users of this solution would represent a wide variety of communities.

Consulting 83

Consulting Risk Modeling Testing 83

CIO Business Intelligence

MARCH 5, 2024

The ministry’s reaction, in the form of an advisory issued Friday, has attracted criticism from India’s IT sector because of the restrictions it places on innovation and the compliance risk it places on some enterprises. Are there test cases they have to pass, or assurances given on level of testing and support?”

Testing 126

Testing Modeling Cost-Benefit Reporting 126

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 134

Modeling Risk Software Enterprise 134

CIO Business Intelligence

SEPTEMBER 6, 2023

The discussions address changing regulatory and compliance requirements, and reveal vulnerabilities and threats for risk mitigation.” Ongoing IT security strategy conversations should address the organization’s cyber risk and arrive at strategic objectives, Albrecht says. Do we address cyber scenarios to the extent that we should?

IT 141

IT ROI Risk Strategy 141

CIO Business Intelligence

DECEMBER 7, 2023

There’s no better test of your capability to do so than right after an adverse event. For example, the risk of having an organization’s “license to operate” withdrawn by a regulator or having conditions applied (retrospectively or prospectively) can adversely affect market value and consumer confidence.

Testing 118

Testing Risk Management Strategy 118

IBM Big Data Hub

SEPTEMBER 28, 2023

This process is designed to help mitigate risks so that model outputs can be deployed responsibly with the assistance of watsonx.data and watsonx.governance (coming soon). Building transparency into IBM-developed AI models To date, many available AI models lack information about data provenance, testing and safety or performance parameters.

Testing 93

Testing Finance Enterprise Modeling 93

Domino Data Lab

AUGUST 6, 2021

All models require testing and auditing throughout their deployment and, because models are continually learning, there is always an element of risk that they will drift from their original standards. The primary focus of model governance involves tracking, testing and auditing. First is the data the model is using.

Machine Learning 145

Machine Learning Modeling Testing Risk 145

CIO Business Intelligence

AUGUST 2, 2023

Modernize with purpose Before you begin, it’s essential to tie any app modernization project to the business need that is being addressed, says Aparna Sharma, a managing partner for hybrid cloud services at IBM Consulting. Picking the right approach requires carefully studying all of the available options before making a final selection.

Consulting 95

Consulting Testing Software Cost-Benefit 95

CIO Business Intelligence

AUGUST 24, 2023

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. We’re getting bombarded with questions and inquiries from clients and potential clients about the risks of AI.” The risk is too high.” Not without warning signs, however.

Uncertainty 98

Uncertainty Risk Testing Enterprise 98

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. To learn more, visit us here. Artificial Intelligence, Machine Learning

Software 119

Software Experimentation Risk Data Lake 119

CIO Business Intelligence

MAY 20, 2024

This has CIOs moving from experimenting and testing intelligence in pockets to scaling up deployments and rolling out intelligence throughout their organizations. Risk management came in at No. The approach taken by James Phillips, CIO at software maker Rev.io, reflects that trend. Foundry / CIO.com 3. For Rev.io

IT 132

IT Risk Management Machine Learning Risk 132

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information. Cybersecurity aims to stop malicious activities from happening by preventing unauthorized access and reducing risks.

Technology 91

Technology Risk Measurement IoT 91

IBM Big Data Hub

NOVEMBER 24, 2023

Many are addressing this via building accelerators that could be customized for enterprise consumption that helps accelerate specific areas of modernization and one such example from IBM is IBM Consulting Cloud Accelerators. Subsequent phases are build and test and deploy to production.

Cost-Benefit 97

Cost-Benefit Testing Data-driven Enterprise 97

CIO Business Intelligence

JULY 5, 2023

Generative AI is raising the interest level even further as organizations begin testing different use cases for deep-learning models. A Forrester Consulting study found that managing Chrome from the cloud led to a $3.7 AI is really doing the heavy lift, in terms of identifying risks,” Crowley says.

Machine Learning 89

Machine Learning Deep Learning Consulting Enterprise 89

CIO Business Intelligence

NOVEMBER 30, 2023

trillion annually across just the 63 use cases the consultancy firm analyzed—by comparison, the United Kingdom’s entire GDP in 2021 was $3.1 Intelligent collections Suppliers always face the risk that some of their customers won’t pay on time. McKinsey’s latest research estimates that generative AI could add the equivalent of $2.6

Sales 115

Sales Manufacturing Risk Consulting 115

CIO Business Intelligence

APRIL 12, 2022

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson. Tableau buys Narrative Science.

Technology 143

Technology Enterprise Consulting Software 143

IBM Big Data Hub

MAY 26, 2023

With the growth in usage of digital technology and cloud in the life sciences industry, digital information is more readily available and at a greater risk for exploitation. IBM is a Premier Consulting Partner for AWS, with over 19,000 AWS-certified professionals across the globe, 16 service validations and 15 AWS competencies.

Consulting 77

Consulting Cost-Benefit Optimization Machine Learning 77

CIO Business Intelligence

OCTOBER 23, 2023

To speed up development and deployment, many organizations have turned to continuous integration and continuous delivery (CI/CD) solutions for more automated and agile software testing, building, and deploying processes. SIP, SOP, and SAP center around supporting the speed of engineering without compromising on risk and security management.

Software 122

Software Risk Optimization Consulting 122

CIO Business Intelligence

MARCH 9, 2022

Of course, many enterprises land on embracing both methods, says Nicholas Merizzi, a principal at Deloitte Consulting. They can leverage CSPM tools for incident response, risk assessment and management, compliance monitoring, and other cloud security functions. And of course, people issues are a big part of becoming cloud-native.

Strategy 145

Strategy Consulting Risk Testing 145

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. That’s not all, though, says Yang Shim, technology consulting leader with professional services firm EY Americas.

IT 129

IT Digital Transformation ROI Strategy 129

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. billion this year.

IT 111

IT Cost-Benefit Risk Consulting 111

CIO Business Intelligence

APRIL 24, 2024

Sales and marketing departments have long been at the forefront of embracing new technologies, and according to data provided by the Alexander Group, a revenue consultancy, 80% of hundreds of survey responses detailed that CROs have formally invested in AI for their marketing teams. The CIO is also in a position to help the CFO evolve, too.

Sales 127

Sales Finance Experimentation Cost-Benefit 127