IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It includes processes that trace and document the origin of data, models and associated metadata and pipelines for audits.

Risk 76

Risk Modeling Management Metadata 76

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

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. Following are seven steps to guide this transformation for competitive advantage.

IT 137

IT Risk Cost-Benefit Risk Management 137

DataRobot Blog

MAY 26, 2022

Last time , we discussed the steps that a modeler must pay attention to when building out ML models to be utilized within the financial institution. In summary, to ensure that they have built a robust model, modelers must make certain that they have designed the model in a way that is backed by research and industry-adopted practices.

Risk 52

Risk Modeling Metrics Business Objectives 52

Smart Data Collective

FEBRUARY 14, 2023

A growing number of companies are discovering that it offers tremendous benefits, but there are also some downsides to it. What Are the Benefits of Cloud Computing for Businesses? It is becoming increasingly popular among businesses due to its cost-effective nature and scalability.

Risk 100

Risk Cost-Benefit Software Technology 100

CIO Business Intelligence

DECEMBER 19, 2023

Their steady income stream and relatively low risk compared to equities make them an especially important component of pension and retirement planning. Each type of issuer presents a different level of risk and tax treatment. Hexaware conducted extensive fine-tuning to adapt the model to different industries and company types. “We

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 91

Testing Modeling Cost-Benefit Consulting 91

CIO Business Intelligence

OCTOBER 17, 2023

The frenzy created by the public release of OpenAI’s ChatGPT has triggered an arms race among hyperscalers to differentiate themselves by developing their own large language models (LLMs), building platforms that enable enterprises to create generative AI applications, and integrating generative AI throughout their portfolios of service offerings.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Why is it that Google, a company once known for its distinctive “Do no evil” guideline, is now facing the same charges of “surveillance capitalism” as Facebook, a company that never made such claims? What Is Economic Rent?

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

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.

IT 103

IT Cost-Benefit Data Processing Software 103

CIO Business Intelligence

FEBRUARY 22, 2024

There’s no defined hierarchical structure, but the Hub is based on a transversal and collaborative model where groups are created, and employees from all areas work on specific projects along with external experts. One of the main strategic transversal areas is AI. With this in mind, the AI ​​CoE acts along two clear lines at a global level.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

CIO Business Intelligence

JANUARY 9, 2024

IT leaders say they’re discussing everything from the costs of AI implementations to whether AI is the existential threat to humanity some fear. To get past those points, Colisto worked to educate leaders about the capabilities and risks of AI, seeking to move the company from “no to know.” Which business cases actually need AI?

IT 138

IT Risk Cost-Benefit Enterprise 138

CIO Business Intelligence

FEBRUARY 29, 2024

Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. As companies have grown comfortable with offshore and nearshore delivery, the captive model offers the opportunity to tap larger populations of lower-cost talent without handing the reins to a third party.

Cost-Benefit 115

Cost-Benefit Risk Modeling Strategy 115

CIO Business Intelligence

MARCH 6, 2024

Multiple attacks on well-known manufacturers have ended with huge expenses, including Austrian aerospace parts maker, FACC AG, which lost $61 million thanks to a phishing scam , and Norsk-Hydro , which was hit by a ransomware attack that cost $75 million. Attacks against OT systems pose risks beyond financial losses. As Industry 4.0

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

DataKitchen

MAY 10, 2024

It highlights how DataKitchen’s Data Observation solutions equip organizations to enhance their development practices, reduce deployment risks, and increase overall productivity. Each addition or modification poses potential risks that could propagate errors into production environments. How Many Models Dashboards Were Deployed?

Testing 100

Testing Cost-Benefit Data Quality Dashboards 100

CIO Business Intelligence

MAY 9, 2024

Driving business benefits Companies seeking CAIOs are looking to reap myriad benefits from AI adoption, ranging from improved decision-making, to increased efficiency of business processes, higher-quality services, profitability, talent management, customer experience, and innovation.

Risk Management 129

Risk Management Risk Cost-Benefit Technology 129

CIO Business Intelligence

DECEMBER 19, 2023

Portland Opportunities Industrial Center and Rosemary Anderson High School (POIC + RAHS) has a long name, but a simple, powerful mission: helping at-risk youth and adults be safe and successful. Because of the reduced pricing model that Verizon offers, we can say here, this phone is yours,” says Clanton.

Risk 52

Risk Cost-Benefit Data Processing Technology 52

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 145

Risk Consulting Machine Learning Data Science 145

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

Smart Data Collective

MARCH 27, 2020

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. Traditional data, like demographics, continues to be a factor in risk assessment. Teens and young adults are less experienced drivers and, therefore, at risk for more car accidents. Demographics. This includes: Age.

Insurance 108

Insurance Measurement Risk Cost-Benefit 108

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

DataKitchen

MARCH 12, 2024

Key Success Metrics, Benefits, and Results for Data Observability Using DataKitchen Software Lowering Serious Production Errors Key Benefit Errors in production can come from many sources – poor data, problems in the production process, being late, or infrastructure problems. Data errors can cause compliance risks.

Metrics 120

Metrics Software Cost-Benefit Testing 120

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. Organisations the world over are in the process of establishing where and how these advancements can add value and edge them closer to their goals.

Data Governance 145

Data Governance IT Risk Data Lake 145

Laminar Security

DECEMBER 1, 2023

As more organizations migrate their data to the cloud, they face an increasing range of risks and threats, including data breaches, data leakage, data loss, data misuse, data compliance violations, shadow data and more. According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

CIO Business Intelligence

MARCH 13, 2024

But the biggest benefit was to new and lower-skilled workers, who saw a 34% improvement. In February, McKinsey released the results of a survey showing that 84% of telcos using gen AI for customer services were seeing cost savings, and 45% of them reduced costs by 6% or more. for every $1 spent.

IT 128

IT Consulting Testing Cost-Benefit 128

CIO Business Intelligence

APRIL 17, 2024

Organizations with subscription-based business models have not only survived the recent global economic challenges but have also outperformed their traditional, product-based counterparts, according to The Subscription Economy Index (SEI) report for 2023 by Zuora. against the latter’s 4.8%.

Broadcasting 111

Broadcasting Cost-Benefit Strategy Modeling 111

CIO Business Intelligence

MAY 31, 2022

When we see IT as the ‘go-to’ function for cost take-out and budget reductions, our concern is that IT leadership has not been able to deliver a narrative around business outcomes and value creation,” she says. Every CIO we work with is experiencing these shifts,” she notes. Refocus your leadership. Acquire business expertise.

IT 122

IT Cost-Benefit Risk Enterprise 122

CIO Business Intelligence

NOVEMBER 3, 2023

Burnout is quickly becoming a widespread problem for IT organizations. The wake of the COVID-19 pandemic, mass tech industry layoffs, and the demand to keep pace with constantly evolving technology are all prominent factors contributing to a state of exhaustion among IT pros, according to industry surveys. And it can be hard to spot.

IT 133

IT Reporting Uncertainty Cost-Benefit 133

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. 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 134

Enterprise Cost-Benefit Forecasting Strategy 134

IBM Big Data Hub

AUGUST 16, 2023

Nevertheless, I also understand the criticality of evaluating the inherent risks before embarking on its direct adoption within our organizations. Nevertheless, I also understand the criticality of evaluating the inherent risks before embarking on its direct adoption within our organizations.

Risk 58

Risk Modeling Enterprise Interactive 58

AWS Big Data

APRIL 17, 2024

Analytics as a service (AaaS) is a business model that uses the cloud to deliver analytic capabilities on a subscription basis. This model provides organizations with a cost-effective, scalable, and flexible solution for building analytics. times lower cost per user and up to 7.9 times lower cost per user and up to 7.9

Data Warehouse 95

Data Warehouse Analytics Cost-Benefit Modeling 95

CIO Business Intelligence

FEBRUARY 29, 2024

The tool enables businesses to extract intelligence from across a diversity of different data sources using large language models (LLMs – a type of generative AI capable of producing human-like text). The ask-an-expert tool enables manufacturers to increase productivity, drive down costs, and improve employees’ work-life balance.

Manufacturing 115

Manufacturing Unstructured Data Cost-Benefit Risk 115

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. 1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. 8 Complexity.

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

CIO Business Intelligence

APRIL 30, 2024

At some point in your career, you’re likely to find yourself in transition, having left an IT leadership job without a new one lined up. While you may have planned or negotiated an exit, very often such departures are beyond your direct control, due to a leadership change, acquisition, or another strategic event. Networking is a lifelong endeavor.

IT 88

IT Technology Advertising Marketing 88

Smart Data Collective

MARCH 2, 2023

However, there are even more important benefits of using big data during a bad economy. Big Data Can Help Companies Persevere in the Face of the Recession Big data technology can offer enormous benefits for companies. Big data offers many benefits for companies in any economy. Some of these benefits include the following.

Big Data 82

Big Data Uncertainty Risk Data mining 82

CIO Business Intelligence

SEPTEMBER 2, 2022

Similarly, if you are working in an enterprise or for a service provider, the dirty dozen is a list of issues that tarnish IT infrastructure, “contaminating” current enterprise-grade implementations and exposing the dangers and risks associated with them. Any one of these factors can taint an otherwise high-performing IT operation.

IT 98

IT Snapshot Cost-Benefit Enterprise 98

CIO Business Intelligence

AUGUST 31, 2022

Similarly, if you are working in an enterprise or for a service provider, the dirty dozen is a list of issues that tarnish IT infrastructure, “contaminating” current enterprise-grade implementations and exposing the dangers and risks associated with them. Any one of these factors can taint an otherwise high-performing IT operation.

IT 98

IT Snapshot Cost-Benefit Enterprise 98