IBM Big Data Hub

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.

Strategy 84

Strategy Cost-Benefit Testing Manufacturing 84

CIO Business Intelligence

DECEMBER 13, 2022

We shared our insights at this CIO Online virtual roundtable event, which included leaders from organizations in healthcare, financial services, utilities, communications, and more. This post summarizes our conversation and describes some strategies we discussed to derive and demonstrate data analytics program value.

Data Analytics 104

Data Analytics Strategy Analytics Metrics 104

Smart Data Collective

SEPTEMBER 12, 2021

One of the biggest benefits of big data has been in the field of investing. Using Big Data to Create a Well Executed Investing Strategy. Most investments have a risk involved and the last thing you want is to lose it without a backup fund. Diversify through Mixed Investments by Using AI Allocation Strategies.

Data-driven 81

Data-driven Strategy Big Data Cost-Benefit 81

IBM Big Data Hub

FEBRUARY 6, 2024

While different—mainly due to the causes of the events they help mitigate—cyber recovery and DR are often complementary, with many enterprises wisely choosing to deploy both. Many small- and medium-sized businesses don’t have the resources to recover from a disruptive event that causes damage on that scale.

Cost-Benefit 99

Cost-Benefit Testing Risk Strategy 99

IBM Big Data Hub

JANUARY 11, 2024

Successful business owners know how important it is to have a plan in place for when unexpected events shut down normal operations. Let’s start with some commonly used terms: Disaster recovery (DR): Disaster recovery (DR) refers to an enterprise’s ability to recover from an unplanned event that impacts normal business operations.

Cost-Benefit 105

Cost-Benefit Risk Enterprise Software 105

IBM Big Data Hub

APRIL 10, 2024

In fact, 83% of IT executives feel that modernization is central to their organization’s strategy, but only 27% say their organizations have modernized the requisite workflows (including applications, data and underlying systems). Reduced risk and technical debt: All legacy releases are inherently risky due to a longer release cycle.

Cost-Benefit 99

Cost-Benefit Software Risk Marketing 99

CIO Business Intelligence

NOVEMBER 8, 2023

1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. In fact, a few of the most common challenges include: Risk. 6 On top of that, the average cost of a data breach is over $4.4 8 Complexity. 8 Complexity.

Cost-Benefit 134

Cost-Benefit Risk Digital Transformation Reporting 134

CIO Business Intelligence

MAY 15, 2024

The growing realization of the cost of digital downtime has pushed CIOs into the spotlight, increasing the pressures they face. Many board-level employees can appreciate the benefits of automation but haven’t been educated on how it is used within their organization. The board is placing great expectations on the CIO.

Cost-Benefit 72

Cost-Benefit Risk Optimization Technology 72

BizAcuity

FEBRUARY 22, 2019

Financial analytics is becoming an important and inherent part of software applications that are being used by event industry. The emergence of new business models, the changing needs of the traditional financial departments of event industry and advancements in technology have all led to the need for financial analytics.

Analytics 75

Analytics Cost-Benefit Finance Sales 75

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

IBM Big Data Hub

AUGUST 1, 2023

Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching? Modern unified endpoint management (UEM) solutions include laptop management.

Risk 60

Risk Management Machine Learning IoT 60

CDW Research Hub

MARCH 2, 2021

Yet for all their potential upside, the full benefits aren’t always achieved, often due to technology complexity, risk, cybersecurity, and execution throughout the M&A life cycle. Industry-leading practices related to digital, applications, data, operations, infrastructure, cybersecurity and risk.

Risk 52

Risk Consulting Cost-Benefit Sales 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. When deployed effectively, a good DR plan can help stakeholders better understand the risks to regular business functions that a particular threat may pose.

Cost-Benefit 96

Cost-Benefit Risk Enterprise Advertising 96

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

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. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. Specific types of sourcing minimize costs in different ways.

Cost-Benefit 87

Cost-Benefit Scorecard Risk Recreation/Entertainment 87

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. Keep reading to find a definition, benefits, examples, and some key best practices to generate them successfully! What Is A Performance Report?

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

CDW Research Hub

JUNE 30, 2021

IT leaders often struggle to find the right mix to remain in control of managing IT capacity and costs based on current business needs – IT as a Service (ITaaS) gives organizations the power of choice to pay for only the IT services they use while decreasing time to market.

Strategy 52

Strategy IT Cost-Benefit Digital Transformation 52

CIO Business Intelligence

DECEMBER 19, 2023

Cyber hygiene best practices include device security , cyber security education , and secure networking strategies. However, outdated operating systems can be more vulnerable to security risks because they may lack the latest security updates and patches, serving as an entry point for hackers to infiltrate networks.

Cost-Benefit 98

Cost-Benefit Risk Technology Forecasting 98

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 78

Cost-Benefit Testing Machine Learning Optimization 78

IBM Big Data Hub

DECEMBER 13, 2023

This claim is often used to encourage asset-intensive industries to evolve their maintenance strategies, invest in instrument equipment and leverage analytics to adopt predictive maintenance approaches. That learning is then applied at defined intervals or when an event (anomaly) or trend signifies impending failure.

Cost-Benefit 70

Cost-Benefit Optimization Strategy Risk 70

CIO Business Intelligence

APRIL 12, 2023

The underpinning architecture needs to include event-streaming technology, high-performing databases, and machine learning feature stores. All of this needs to work cohesively in a real-time ecosystem and support the speed and scale necessary to realize the business benefits of real-time AI. It isn’t easy.

Machine Learning 142

Machine Learning Cost-Benefit Data-driven Strategy 142

datapine

MARCH 8, 2021

Explore our 14-day free trial & benefit from great healthcare reports! By utilizing interactive digital dashboards, it’s possible to leverage data to transform metrics into actionable insights to spot weaknesses, identify strengths, and predict events before they occur. The Benefits Of A Healthcare Report.

Reporting 198

Reporting KPI Management Cost-Benefit 198

CIO Business Intelligence

MARCH 15, 2022

Artificial data has many uses in enterprise AI strategies. Synthetic data can also lower costs when collecting or buying real-world data is prohibitively expensive. Synthetic data can fill in some of the gaps to create realistic, appropriate settings and objects for virtual environments, events, and interactions.

Strategy 145

Strategy Testing Modeling Sales 145

Cloudera

DECEMBER 19, 2023

Some of the primary operational problems highlighted at the PCN Government Innovation event include: Civil Government : A major challenge facing the civil government is the inefficient and cumbersome procurement process. Start with narrow, low-risk use cases. Slowly expand capabilities as benefits are proven and risks addressed.

Optimization 89

Optimization Cost-Benefit Unstructured Data Risk 89

CIO Business Intelligence

MAY 9, 2023

Cloud-first strategy” became a cure-all for datacenter impediments, as well as an IT leader’s tentpole for digital transformation. Others conducted apples-to-apples comparisons of public cloud versus on-premises costs. You might even operate out of a colo facility for the benefits cloud adjacency affords you in reducing latency.

ROI 124

ROI Cost-Benefit KPI Uncertainty 124

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6

Risk Management 115

Risk Management Risk Marketing Cost-Benefit 115

Laminar Security

MAY 25, 2023

Introduction The shift to cloud computing has revolutionized the way businesses operate, enabling them to leverage the benefits of on-demand computing power, storage, and software services. Cloud computing has brought about numerous benefits such as improved scalability, flexibility, and reduced operational costs.

Cost-Benefit 96

Cost-Benefit Risk Technology Software 96

CIO Business Intelligence

MAY 3, 2022

For many, it has also led to intermingled, complex strategies that threaten to take away some of the luster of the cloud. The multiple/hybrid cloud strategy can result in complexities and challenges that many IT and business leaders didn’t see coming. Controlling costs. Addressing cybersecurity risks.

Management 144

Management Scorecard Cost-Benefit Risk 144

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 100

Reporting Cost-Benefit Internet of Things Data-driven 100

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. From our perspective, the debate over architecture is over. Start small, test and scale.

Cost-Benefit 91

Cost-Benefit ROI Modeling Testing 91

Ontotext

JULY 6, 2023

M&A events, role changes, etc.) Let’s consider an example about risk and opportunity event detection. So we perform large scale Named Entity Recognition of company, locations and people, and we add some topics/events. The solution brings many business benefits. The business benefits here are also significant.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Jet Global

AUGUST 6, 2020

Andy Burrows is a UK-based finance consultant who coaches businesses all over the world to drive performance using data and financial strategies that work in practice, not just in theory. That’s what I think is really important—benefiting the business. Follow him on LinkedIn or on his website Supercharged Finance. .

Strategy 96

Strategy Finance Forecasting Consulting 96

IBM Big Data Hub

NOVEMBER 8, 2023

The change, challenge and benefits are here FDA FSMA will have significant global implications for traceability. They will be able to: Utilize reporting to identify trends and risks within the product supply chain for mitigation and improvement.

Cost-Benefit 116

Cost-Benefit Consulting Risk Reporting 116

CIO Business Intelligence

NOVEMBER 13, 2023

Because of this, IT leaders must take a proactive approach to change management , communicating the benefits of digital transformation and providing support and training to employees. Be realistic about the costs of digital transformation and allocate sufficient human capital and financial capital to achieve your goals.

Digital Transformation 143

Digital Transformation Cost-Benefit Experimentation Measurement 143

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. Risk Management. This is probably the second most adored benefit of data center colocation solutions. And of course, it comes at a certain price.

Cost-Benefit 130

Cost-Benefit Risk Management Risk Consulting 130

Smart Data Collective

SEPTEMBER 16, 2022

They are using big data technology to offer even bigger benefits to their fintech customers. The use of artificial intelligence technologies allows for improving the quality of service and minimizing costs. Benefits of Decentralized Finance: Transparency. Cost optimization. Business automation and artificial intelligence.

Finance 116

Finance Unstructured Data Cost-Benefit Big Data 116

IBM Big Data Hub

JANUARY 18, 2024

Chatbot benefits for customers Your customers enjoy numerous benefits, many of which also benefit your company in return. Benefits for your company AI chatbots respond quickly, accurately process natural human language and automate personalized experiences, offering numerous benefits and new opportunities to your organization.

Cost-Benefit 97

Cost-Benefit Interactive Sales Insurance 97