CIO Business Intelligence

MAY 9, 2024

But the ranks of the CAIO are expected to increase at enterprise organizations as well in the coming years. Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks. Once hired, CAIOs are typically viewed as critical members of the C-suite.

Risk Management 130

Risk Management Risk Cost-Benefit Technology 130

IBM Big Data Hub

FEBRUARY 22, 2024

As we see enterprises increasingly face geographic requirements around sovereignty, IBM Cloud® is committed to helping clients navigate beyond the complexity so they can drive true transformation with innovative hybrid cloud technologies. We believe this is particularly important with the rise of generative AI.

Enterprise 81

Enterprise Risk Data Processing Business Driver 81

erwin

AUGUST 20, 2020

Enterprise architecture (EA) is a strategic planning initiative that helps align business and IT. In this post: What Is Enterprise Architecture? Why Is Enterprise Architecture Important? Why Is Enterprise Architecture Important? Benefits of Enterprise Architecture. Common Enterprise Architecture Use Cases.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

DataRobot Blog

MAY 10, 2022

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States.

Risk 64

Risk Modeling Machine Learning Data Quality 64

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

IBM Big Data Hub

DECEMBER 4, 2023

DORA has several objectives, including to comprehensively address information and communications technology (ICT) risk management in the financial services sector and harmonize the ICT risk management regulations that already exist in individual EU member states. On the surface, this might seem to complicate matters.

Risk Management 97

Risk Management Risk Cost-Benefit Business Services 97

CIO Business Intelligence

DECEMBER 19, 2023

Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control. First, enterprises have long struggled to improve customer, employee, and other search experiences. As every CIO can attest, the aggregate demand for IT and data capabilities is straining their IT leadership teams.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

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 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

SEPTEMBER 20, 2023

ServiceNow has developed its own domain-specific large language model, Now LLM, to assist with these enterprise workflows, although enterprises can also hook up the new assistants with other commercially available models, or even their own. Coding assistance There’s also support for enterprises that want to roll their own workflows.

Cost-Benefit 111

Cost-Benefit Software Finance Interactive 111

IBM Big Data Hub

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Specific types of sourcing minimize costs in different ways.

Cost-Benefit 87

Cost-Benefit Scorecard Risk Recreation/Entertainment 87

Decision Management Solutions

APRIL 23, 2019

, in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better. Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

AWS Big Data

FEBRUARY 1, 2024

The solution should be scalable, cost-efficient, and straightforward to adopt and operate. Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization.

Data Warehouse 124

Data Warehouse Dashboards Risk Management Risk 124

CIO Business Intelligence

JANUARY 4, 2024

The CCA allows overarching enterprise functions and IT shared services to be assessed separately from the business unit’s products/applications that require PCI security compliance. How can implementing a CCA benefit financial institutions and their various business units in their quest for PCI security compliance?

Optimization 105

Optimization Cost-Benefit Reporting Enterprise 105

DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

Smart Data Collective

JULY 19, 2021

When you decide to relocate or broaden your data center, you need to take into account the costs, operational capability, and security. Benefits Of Data Center Colocation. This is definitely the main reason why enterprises are attracted by data center colo services. Risk Management.

Cost-Benefit 130

Cost-Benefit Risk Management Risk Consulting 130

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption.

Strategy 89

Strategy Management Forecasting Cost-Benefit 89

CIO Business Intelligence

MAY 9, 2022

Many enterprises are struggling to deliver for customers because of a disruptive environment, internal silos, mismanaged data, the pandemic, and inefficient collaboration between companies, despite our increasingly digital world. It includes order collaboration, forecast, capacity, inventory, quality, and cost collaboration with suppliers.

Cost-Benefit 98

Cost-Benefit Forecasting Risk Management Risk 98

erwin

APRIL 2, 2021

With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing. Lack of a solid data governance foundation increases the risk of data-security incidents. Data Security Starts with Data Governance.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

CIO Business Intelligence

MAY 9, 2024

We also explored their leadership philosophies and the unique power and benefits that come from a strong CIO-CISO relationship. Hart: Human error and phishing are still the major cyber risks to a corporation. How much does it cost and what does it cost to run it? Why is this important and what are the benefits?

Cost-Benefit 116

Cost-Benefit Technology Risk Risk Management 116

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.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

IBM Big Data Hub

JULY 27, 2023

To navigate these challenges, industry players are turning to enterprise asset management (EAM) solutions. EAM is an invaluable tool that allows oil and gas companies to manage physical assets and infrastructure throughout their lifecycles—from design and procurement to maintenance and disposal.

Cost-Benefit 61

Cost-Benefit IoT Internet of Things Enterprise 61

Ontotext

JULY 6, 2023

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. Changing the game with knowledge graphs So how does knowledge graph technology help enterprises in the Financial Services Industry become data-driven?

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. As the results of bad BCDR like data loss and downtime become more and more expensive, many enterprises are adding to their existing investments.

Cost-Benefit 96

Cost-Benefit Risk Enterprise Advertising 96

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. “If

IT 111

IT Cost-Benefit Risk Consulting 111

CIO Business Intelligence

MARCH 24, 2023

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.

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 116

Cost-Benefit Risk Uncertainty Technology 116

CIO Business Intelligence

APRIL 1, 2022

As a growing number of enterprises are coming to learn, this is critical as they vie for business in increasingly competitive markets. A sustainable value chain also offers significant business benefits, including potential cost savings and reputation enhancement. Cost reduction. Reducing ethical sourcing risks.

Cost-Benefit 52

Cost-Benefit Risk Risk Management Manufacturing 52

CIO Business Intelligence

JULY 31, 2023

The adoption curve here is by no means gradual, with most enterprise leaders quickly working to harness the technology’s potential mere months after the November 2022 launch of gen AI tool ChatGPT kicked off a wave of enthusiasm (and worry). So, what are the concerns that will complicate the enterprise gen AI playbook?

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

OCTOBER 11, 2022

When it comes to IT resourcing during tough economic times, cutting costs in the wrong places can be dangerous. Partnering with a trusted third-party, however, can help you deliver the following benefits safely and without breaking the bank: . Hybrid working significantly reduces real-estate footprint and costs.

Cost-Benefit 59

Cost-Benefit IT Risk Management Data Processing 59

IBM Big Data Hub

JUNE 29, 2023

This blog explores the significance of IBP in today’s modern business landscape and highlights its key benefits and implementation considerations. What are the benefits of Integrated Business Planning process? Data integration and analytics IBP relies on the integration of data from different sources and systems.

Key Performance Indicator 84

Key Performance Indicator Forecasting Data Integration Sales 84

Smart Data Collective

MAY 25, 2023

Recent statistics indicate that 43% of cyberattacks target small businesses, and 60% of the attacked enterprises go out of business in six months. Additionally, cybercrime costs SMEs over $2.2 With a cybersecurity plan, businesses understand risks well and can enable proactive protection while ensuring prompt responses to cyberattacks.

Internet of Things 91

Internet of Things Cost-Benefit Risk Software 91

Smart Data Collective

APRIL 21, 2022

The market for AI is growing due to its obvious benefits. Many of them have utilized many management programs but finding the most best application without the assistance of an experienced consultant can be a challenge. Benefits of hiring Application development consulting to take advantage of the power of AI. ?

Consulting 96

Consulting Cost-Benefit Software Machine Learning 96

CIO Business Intelligence

DECEMBER 5, 2022

Project management steps Project management is broken down into five phases or life cycle. Each phase intersects with any of 10 knowledge areas, which include: integration, scope, time, cost, quality, human resources, communication, risk procurement, and stakeholder management. Budget for surprises.

Management 134

Management Cost-Benefit Key Performance Indicator Software 134

bridgei2i

MAY 17, 2021

AI is becoming a powerful ally of the finance sector, offering the opportunity for better and more customized services, cost reduction, examine cash, credit, and investment changes in real-time, and generating new revenue streams. There are multiple benefits of AI in the finance industry. AI And Risk Management.

Finance 52

Finance Risk Management Unstructured Data Cost-Benefit 52

CIO Business Intelligence

DECEMBER 8, 2022

While organizations know they need to mitigate environmental risks more effectively across the supply chain, often they struggle to translate that ambition into results. There is a clear company risk in not being sustainable, both to the planet and to the business. Businesses need to do more than just track carbon output.

IoT 101

IoT ROI Cost-Benefit Risk 101

CIO Business Intelligence

MARCH 13, 2024

Gen AI and customer service Customer service is one of the top use cases for gen AI, and as vendors continue to add tools to their platforms, it gets increasingly easy for enterprises to implement them. But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement.

IT 128

IT Consulting Testing Cost-Benefit 128

Ontotext

APRIL 6, 2023

More and more companies are using them to improve a variety of tasks from product range specification and risk analysis to supporting self-driving cars. For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. But the benefits of knowledge graphs don’t stop there.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83