IBM Big Data Hub

FEBRUARY 5, 2024

Cloud computing continues to grow in popularity, and its scalability, functionality, cost-effectiveness and other potential benefits have helped transform traditional business models and update legacy systems, creating opportunities for various organizations. a migration will be.

Management 70

Management Cost-Benefit Strategy Risk 70

Smart Data Collective

SEPTEMBER 13, 2023

One of the most important yet often overlooked benefits of AI is that it can help businesses bolster their digital security. With that in mind, businesses must do everything to ensure their processes and data are secured, as even the slightest problem can cost them financially. Financial health.

IT 101

IT Cost-Benefit Data Processing Software 101

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 131

IT Risk Cost-Benefit Risk Management 131

IBM Big Data Hub

FEBRUARY 6, 2024

Organizations that neglect to develop reliable cyber and disaster recovery strategies expose themselves to a broad range of threats that can have devastating consequences. Reduced costs from unplanned events: Cyber and disaster recovery can be expensive, with critical assets like employees, data and infrastructure being threatened.

Cost-Benefit 98

Cost-Benefit Testing Risk Strategy 98

AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69

IBM Big Data Hub

JANUARY 11, 2024

Failover and failback both use data replication and are widely used in DR strategies for data centers and communication networks. The benefits of business disaster recovery Disasters can cause all kinds of problems for businesses. million—a 15% increase over the last 3 years.

Cost-Benefit 104

Cost-Benefit Risk Enterprise Software 104

CIO Business Intelligence

FEBRUARY 12, 2024

A host of new product and feature launches, questions about SAP’s plans for managing commitments to legacy platform customers, and the acceleration of generative AI in popular products such as SAP RISE are just a few of the major issues enterprise SAP customers will need to keep on top of in the year ahead.

Consulting 92

Consulting Cost-Benefit Strategy Modeling 92

Smart Data Collective

SEPTEMBER 13, 2022

In today’s more competitive, technology-driven corporate environment, all firms seeking to increase activity and productivity are reaping the benefits of the software world. ” Software as a service (SaaS) is a software licensing and delivery paradigm in which software is licensed on a subscription basis and is hosted centrally.

Cost-Benefit 104

Cost-Benefit Data Processing Software Data-driven 104

DataRobot Blog

MAY 26, 2022

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. The decreasing default risk with increasing salary suggests that higher income applicants pose less credit risk to the bank.

Risk 52

Risk Modeling Metrics Business Objectives 52

CIO Business Intelligence

DECEMBER 21, 2023

An AI solution that excels in scalability ensures that it can effortlessly expand to meet the global organization’s requirements, maintaining pace with the surge in data traffic and morphing attack strategies across diverse regions. 300% more early detection for malicious hosts. unique users and 49.75

Data-driven 95

Data-driven Risk Enterprise Cost-Benefit 95

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. the average cost of a data breach was at its highest, reaching $9.48M. In the U.S., In the U.S.,

Cost-Benefit 81

Cost-Benefit Testing Strategy Risk Management 81

datapine

MARCH 8, 2021

Explore our 14-day free trial & benefit from great healthcare reports! The Benefits Of A Healthcare Report. By tracking key healthcare data reporting insights and setting the right key performance indicators, your healthcare organization stands to benefit a great deal. Cutting down unnecessary costs.

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Reporting KPI Management Cost-Benefit 198

IBM Big Data Hub

FEBRUARY 7, 2024

1 In pursuit of net zero, organizations will focus their sustainability efforts on two paths in 2024: Clean energy : The transition from fossil fuels to renewable energy sources is central to sustainability strategies and net zero initiatives, and was a central issue last year at the United Nations’ COP28 climate summit.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. Lacking a clear strategy determined by business objectives.

Optimization 109

Optimization Cost-Benefit Consulting Strategy 109

IBM Big Data Hub

OCTOBER 25, 2023

First, technology leaders need to estimate the full financial impact of modernization (versus the cost of not modernizing) across the organization. Look for relatively discrete and low-risk opportunities to explore proof-of-concept implementations. The first cost factor is the pricing or licensing method.

Cost-Benefit 90

Cost-Benefit ROI Modeling Testing 90

IBM Big Data Hub

AUGUST 14, 2023

However, while the benefits of such a migration are substantial, there are critical considerations that must not be overlooked. Failure to do so can result in unforeseen costs and performance issues that can lead to downtime, poor end-user experiences and blown IT budgets. re-hosting) and “optimized” modes of migration.

Cost-Benefit 62

Cost-Benefit Optimization Strategy Digital Transformation 62

CIO Business Intelligence

JUNE 22, 2022

Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit. Consultants will also leverage their confidence with senior leadership to strengthen their ability to expose program risks and mitigate risk to their firm. .

Consulting 119

Consulting Uncertainty Cost-Benefit Risk 119

O'Reilly on Data

APRIL 22, 2020

These strategies contribute to perceptions of trust. Compliance functions are powerful because legal violations result in clear financial costs. The era in which fines were merely a cost of doing business appears to be ending. But ethics strategies have major limitations leaders must address. Compliance and ethics.

Cost-Benefit 249

Cost-Benefit Finance Strategy Data-driven 249

CIO Business Intelligence

MARCH 9, 2023

IT leaders may find that prices are going up without an accompanying increase in benefits, with technology providers — less dependent on any one industry or geography — taking a harder line on deals, says Achint Arora, a partner in the pricing assurance practice at Everest Group. What’s more, technology contracts are often multilayered.

Cost-Benefit 106

Cost-Benefit Risk Uncertainty Technology 106

IBM Big Data Hub

DECEMBER 5, 2023

With the rise of highly personalized online shopping, direct-to-consumer models, and delivery services, generative AI can help retailers further unlock a host of benefits that can improve customer care, talent transformation and the performance of their applications.

Unstructured Data 95

Unstructured Data Cost-Benefit Experimentation Machine Learning 95

IBM Big Data Hub

SEPTEMBER 18, 2023

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

Risk 78

Risk Cost-Benefit Digital Transformation Risk Management 78

datapine

SEPTEMBER 29, 2022

There are a lot of strategies that you can use to improve the quality of your information. Paired to this, it can also: Improved decision-making process: From customer relationship management, to supply chain management , to enterprise resource planning, the benefits of effective DQM can have a ripple impact on an organization’s performance.

Data Quality 241

Data Quality Metrics Data-driven Management 241

Cloudera

MARCH 29, 2022

To capitalize on the opportunities that data creates for the public good, state and local CIOs must harness data in motion with a cohesive strategy and platform. It’s no secret that the cloud has become the go-to infrastructure foundation for a modern data strategy. The pandemic did nothing to stifle hybrid cloud strategies, either.

Cost-Benefit 93

Cost-Benefit Strategy Data Science Data Processing 93

Smart Data Collective

JULY 20, 2022

However, companies that have a formal data strategy are still in the minority. Only 32% of executives have officially laid out a data strategy to drive their organization. Furthermore, only 13% of companies are actually delivering on their data strategy. This illustrates the benefits of combining big data and lean thinking.

Data-driven 125

Data-driven Optimization Big Data Data Strategy 125

IBM Big Data Hub

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Cost-Benefit 96

Cost-Benefit Modeling Manufacturing Interactive 96

datapine

NOVEMBER 5, 2019

Studies suggest that businesses that adopt a data-driven marketing strategy are likely to gain an edge over the competition and in turn, increase profitability. If you fail to do so, you risk damages in your productivity and costs. Key Benefits Of Performance Dashboards. Key Benefits Of Performance Dashboards.

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Dashboards Cost-Benefit Sales Metrics 220

CIO Business Intelligence

AUGUST 7, 2023

The top risk factors influencing CIOs spending decisions are inflation, labor shortages, and recession, the study’s author, Mickey North Rizza, told CIO.com. Sales of public cloud enterprise applications software had already overtaken on-premises, hosted, and private-cloud sales by 2022, representing 51.4% Software sales grew 9.8%

Sales 52

Sales Enterprise Cost-Benefit Software 52

IBM Big Data Hub

DECEMBER 18, 2023

As enterprises look to address these requirements and achieve growth while adopting innovative AI and hybrid cloud technologies, IBM will continue to meet clients wherever they are in their journeys by helping them make workload placement decisions based on resiliency, performance, security, compliance and cost.

Digital Transformation 70

Digital Transformation Risk Data Processing Enterprise 70

IBM Big Data Hub

MAY 26, 2023

Leading life sciences companies are discovering the power of cloud in enabling analytics and artificial intelligence (AI) , shrinking innovation cycles, and standardizing processes across global operations, among other benefits. Of these breaches, 45% were cloud-based, costing USD 10.10M on an average, per breach.

Consulting 80

Consulting Cost-Benefit Optimization Machine Learning 80

IBM Big Data Hub

JANUARY 10, 2024

Hybrid cloud has become the dominant approach for enterprise cloud strategies , but it comes with complexity and concerns over integration, security and skills. To address these concerns the industry is embracing container runtime environments to abstract away infrastructure.

Data Processing 78

Data Processing Risk Modeling Cost-Benefit 78

Alation

DECEMBER 9, 2021

Then, we’ll dive into the strategies that form a successful and efficient cloud transformation strategy, including aligning on business goals, establishing analytics for monitoring and optimization, and leveraging a robust data governance solution. What Are the Benefits of Cloud Transformation? Enhanced Cost Management.

Cost-Benefit 52

Cost-Benefit Data Governance Optimization Data Processing 52

Laminar Security

AUGUST 23, 2023

Prevent data exposures from human error or neglect through data policy enforcement and risk prioritization. Together, these practices form the backbone of an organization’s overall cloud security strategy. What are the benefits of cloud data security? Reducing overexposure or risk of sensitive data breaches.

Cost-Benefit 52

Cost-Benefit Risk Digital Transformation Strategy 52

datapine

NOVEMBER 13, 2019

If your procurement process costs you valuable time and incurs unnecessary costs, you may end up falling behind your competitors. We will continue with tips on how to do a procurement analysis, and wrap up with real-life examples that you can implement into your own business strategies. Without further ado, let’s get started.

Reporting 158

Reporting KPI Cost-Benefit Metrics 158

Jet Global

JUNE 22, 2023

It is viewed as a burden that costs companies money. This strategy will help cut costs and give you a competitive edge against your rivals. Recommended Post: [link] As a CFO, it is your job to address the financial risk of your business. But, what if you could turn compliance into a competitive advantage?

KPI 105

KPI Finance Dashboards Digital Transformation 105

datapine

MARCH 15, 2019

At present, 53% of businesses are in the process of adopting big data analytics as part of their core business strategy – and it’s no coincidence. The Benefits Of Data Intelligence. Now, let’s look at the primary benefits of data intelligence tools and practices in the world of business.

Technology 143

Technology Cost-Benefit KPI Dashboards 143

Cloudera

JANUARY 26, 2022

According to 451 Research , 96% of enterprises are actively pursuing a hybrid IT strategy. At the time, the architecture typically included two tiers, where cloud providers hosted the backend and clients sent their requests via web applications. . In 2008, Cloudera was born. Modern Day and the Future.

Data Processing 83

Data Processing IoT Cost-Benefit Digital Transformation 83

CIO Business Intelligence

JULY 13, 2023

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. This area of sustainable IT concentrates on green infrastructure, implementing circular technology strategies and reducing emissions to achieve carbon neutrality. Environment. Governance. Adopt sustainable practices.

IT 85

IT Internet of Things Strategy IoT 85