CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 140

Risk Consulting Machine Learning Data Science 140

erwin

MAY 2, 2022

How to create a solid foundation for data modeling of OLTP systems. As you undertake a cloud database migration , a best practice is to perform data modeling as the foundation for well-designed OLTP databases. This makes mastering basic data modeling techniques and avoiding common pitfalls imperative. Data modeling basics.

Modeling 98

Modeling Insurance Cost-Benefit Data Warehouse 98

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 129

IT Risk Cost-Benefit Risk Management 129

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation.

Cost-Benefit 76

Cost-Benefit Testing Machine Learning Optimization 76

CIO Business Intelligence

MARCH 4, 2024

Tungsten Automation is delivering the benefits of AI-driven automation through a comprehensive suite of capabilities that can automate everything from low-value and repetitive data entry tasks through to highly complex actions such as risk analysis and fraud detection.

Cost-Benefit 138

Cost-Benefit Predictive Analytics Data-driven Finance 138

IBM Big Data Hub

NOVEMBER 24, 2023

While rebuild results in maximum benefit, there is a need for high degree of investment, whereas rehost is about moving applications and data as such to cloud without any optimization and this requires less investments while value is low. Generative AI-assisted API mapping called out in this paper is a mini exemplar of this.

Cost-Benefit 99

Cost-Benefit Testing Data-driven Enterprise 99

CIO Business Intelligence

SEPTEMBER 29, 2023

Financial organizations want to capture generative AI’s tremendous potential while mitigating its risks. That’s because generative AI large language models (LLMs) have prowess in text-based generation, readily finding language and word patterns. At the top of that list are data privacy and security as well as output accuracy.

Finance 130

Finance Unstructured Data Risk Cost-Benefit 130

CIO Business Intelligence

DECEMBER 19, 2023

Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control. Many technology investments are merely transitionary, taking something done today and upgrading it to a better capability without necessarily transforming the business or operating model.

Digital Transformation 139

Digital Transformation Unstructured Data Machine Learning Risk Management 139

CIO Business Intelligence

APRIL 4, 2024

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI A human reviews it to make sure it makes sense, and if it does, the AI incorporates that into the learning model,” she says.

Enterprise 128

Enterprise Cost-Benefit Forecasting Strategy 128

IBM Big Data Hub

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. This data is fed into generational models, and there are a few to choose from, each developed to excel at a specific task.

Enterprise 125

Enterprise Modeling Testing Data-driven 125

CIO Business Intelligence

DECEMBER 11, 2023

“This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament.

Risk 107

Risk Testing Insurance Cost-Benefit 107

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. As more companies set broad environmental, social and governance (ESG) goals, finding a way to track and accurately document progress is increasingly important.

Reporting 98

Reporting Cost-Benefit Internet of Things Data-driven 98

CIO Business Intelligence

MAY 23, 2023

Our goal will be to achieve this multi-cloud strategy in a way that is cost-neutral to customers, while allowing them to choose where they want to run applications or workloads. Broadcom’s business model is based on the thesis that the technology we develop is a roadmap, is evolutionary, and gets better with time.

Uncertainty 128

Uncertainty Cost-Benefit Risk Technology 128

Rocket-Powered Data Science

FEBRUARY 15, 2023

While generative AI has been around for several years , the arrival of ChatGPT (a conversational AI tool for all business occasions, built and trained from large language models) has been like a brilliant torch brought into a dark room, illuminating many previously unseen opportunities. So, if you have 1 trillion data points (g.,

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

IBM Big Data Hub

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Cost-Benefit 60

Cost-Benefit Risk Management Risk Digital Transformation 60

O'Reilly on Data

OCTOBER 22, 2020

Taking the time to work this out is like building a mathematical model: if you understand what a company truly does, you don’t just get a better understanding of the present, but you can also predict the future. Since I work in the AI space, people sometimes have a preconceived notion that I’ll only talk about data and models.

Consulting 296

Consulting Risk Cost-Benefit Modeling 296

Smart Data Collective

AUGUST 30, 2022

The sudden growth is not surprising, because the benefits of the cloud are incredible. Cloud technology results in lower costs, quicker service delivery, and faster network data streaming. The model enables easy transfer of cloud services between different geographic regions, either onshore or offshore. Multi-cloud computing.

Technology 134

Technology Enterprise Cost-Benefit Testing 134

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. The SaaS business model is gaining acceptance throughout the world. Many firms prefer to embrace SaaS solutions because of the benefits they provide.

Cost-Benefit 104

Cost-Benefit Data Processing Software Data-driven 104

erwin

AUGUST 15, 2022

For NoSQL, data lakes, and data lake houses—data modeling of both structured and unstructured data is somewhat novel and thorny. As with the part 1 and part 2 of this data modeling blog series, the cloud is not nirvana. Static over-provisioning or dynamic scaling will run up monthly cloud costs very quickly on a bad design.

Data Lake 52

Data Lake Modeling Unstructured Data Data Warehouse 52

erwin

AUGUST 20, 2020

Benefits of Enterprise Architecture. Through EA, organizations benefit from a context-rich, top-down and holistic perspective of their structure, including its limitations and potential. As a practice, EA involves the documentation, analysis, design and implementation of an organization’s assets and structure.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

Cloudera

JUNE 1, 2021

Cloudera will benefit from the operating capabilities, capital support and expertise of Clayton, Dubilier & Rice (CD&R) and KKR – two of the most experienced and successful global investment firms in the world recognized for supporting the growth strategies of the businesses they back. Our strategy. investor-relations@cloudera.com.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

CIO Business Intelligence

SEPTEMBER 21, 2023

Today’s foundational models are jacks-of-all-trades. With a pre-trained model, you can bring it into HR, finance, IT, customer service—all of us are touched by it.” If you take something slightly risky and make it a thousand times bigger, the risks are amplified,” he says. But it’s a sign of what’s to come. “If

Enterprise 127

Enterprise Consulting Modeling Cost-Benefit 127

CIO Business Intelligence

JULY 6, 2023

One thing is for sure – meeting ESG goals can drive value if it can be done consistently, with automation and minimal costs. From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees.

Cost-Benefit 70

Cost-Benefit Risk Digital Transformation Risk Management 70

CIO Business Intelligence

FEBRUARY 7, 2024

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If Factors contributing to a quality API governance model should also future-proof the overall IT strategy.

Business Objectives 121

Business Objectives Cost-Benefit Strategy Data-driven 121

datapine

SEPTEMBER 29, 2022

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. These needs are then quantified into data models for acquisition and delivery.

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

DECEMBER 11, 2023

For many CIOs, implementations may be nascent, but mitigating biases in AI models and balancing innovation with ethical considerations are already among their biggest challenges. Companies must fortify against attacks that could mislead AI models and result in ill-informed decisions. We intend to implement it in Q1 2024.”

Modeling 127

Modeling Risk Strategy Software 127

IBM Big Data Hub

JULY 26, 2023

AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. I nstead, it’s better to prioritize a more distant asset for repair because that asset has a higher cost or could fail sooner. It’s not about minimizing travel.

Optimization 79

Optimization Manufacturing Cost-Benefit Reporting 79

CIO Business Intelligence

MARCH 24, 2023

The Data Governance Institute defines it as “a system of decision rights and accountabilities for information-related processes, executed according to agreed-upon models which describe who can take what actions with what information, and when, under what circumstances, using what methods.”

Data Governance 142

Data Governance Management Metadata Data Quality 142

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 103

Cost-Benefit Risk Uncertainty Technology 103

DataRobot

NOVEMBER 16, 2021

As we’ve discussed in this blog series, some are already reaping the rewards of AI through increased productivity, cost savings, etc. Most of these leading organizations have significant AI investments, but their path to tangible benefits is challenging, to say the least. Models are sent to IT but are not making it into production.

Cost-Benefit 98

Cost-Benefit Machine Learning Modeling Risk 98

CIO Business Intelligence

NOVEMBER 23, 2022

Unlike other frameworks, EA doesn’t include a formal documentation structure; instead, it’s intended to offer a more holistic view of the enterprise. Bizzdesigns asked respondents what IT benefits their EA program currently delivers and the top response was improved IT investment decisions.

Enterprise 121

Enterprise Cost-Benefit Digital Transformation Strategy 121

IBM Big Data Hub

APRIL 18, 2024

While these large language model (LLM) technologies might seem like it sometimes, it’s important to understand that they are not the thinking machines promised by science fiction. Most experts categorize it as a powerful, but narrow AI model. A key trend is the adoption of multiple models in production.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

CIO Business Intelligence

FEBRUARY 24, 2023

VMware Tanzu Labs partners with organizations worldwide to accelerate the delivery of software and modernize legacy apps, while reducing operating costs and risk working side by side with customers to build capabilities, transfer skills and knowledge, and instill a process that shows immediate and lasting impact. government.

Software 100

Software Uncertainty Risk Cost-Benefit 100

CIO Business Intelligence

MAY 3, 2022

Controlling costs. Cloud costs can quickly spin out of control, especially when departments outside central IT add to the organization’s overall cloud footprint. Moving to the cloud means that we need to manage change to reduce risk and cost, with governance as the top layer to facilitate that change.”.

Management 143

Management Scorecard Cost-Benefit Risk 143

IBM Big Data Hub

MAY 26, 2023

Leading life science companies are leveraging cloud for innovation around operational, revenue and business models. 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.

Consulting 79

Consulting Cost-Benefit Optimization Machine Learning 79

erwin

AUGUST 13, 2020

Today, enterprises are trying to grow and innovate – while cutting costs and managing compliance – in the midst of a global pandemic. managing risk vs ROI and emerging countries)? Cost Reduction : What can we do to reduce costs while not impacting the business (e.g., M&A, new markets, products and businesses).

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

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.,

Cost-Benefit 80

Cost-Benefit Testing Strategy Risk Management 80