John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

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 61

Cost-Benefit Risk Management Risk Digital Transformation 61

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Strategy 73

Strategy Cost-Benefit Key Performance Indicator Consulting 73

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 122

Data Warehouse Dashboards Risk Management Risk 122

erwin

MARCH 25, 2021

And with many competing projects and activities vying for people’s time, it must be clear to people why choosing data governance activities will have a direct benefit to them. Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 Change your vulnerability mindset to identify legacy vulnerability management systems.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

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

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. All of these measures are important since no data center can afford a data theft situation or data leaks. Final Words.

Cost-Benefit 130

Cost-Benefit Risk Management Risk Consulting 130

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. How do we define “risk” and “value” in the context of data products, and how can we measure this?

Management 76

Management Risk Measurement Optimization 76

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. Benefits of AI and IoT in Businesses. The advantages of IoT and AI could be combined to reap the full benefits of both.

IoT 133

IoT Internet of Things Cost-Benefit Consulting 133

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. How much does it cost and what does it cost to run it? Why is this important and what are the benefits? And we both said in the end, it’s the right thing to do for identity and access management.

Cost-Benefit 115

Cost-Benefit Technology Risk Risk Management 115

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. They are a leader in the European textile management industry.

Cost-Benefit 88

Cost-Benefit Risk Digital Transformation Risk Management 88

Ontotext

JULY 6, 2023

Case studies The risk and opportunity event detection use case discussed above combines all of Ontotext’s capabilities: storing and managing large amounts of data adding meaning to it (e.g.,, The solution brings many business benefits. The business benefits here are also significant.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

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. Entities will also be expected to put appropriate cybersecurity protection measures in place.

Cost-Benefit 82

Cost-Benefit Testing Strategy Risk Management 82

Jet Global

APRIL 25, 2024

While it has been effective in improving corporate governance and transparency, the Sarbanes-Oxley Act has also led to increased compliance costs for companies. public company boards of directors and management and public accounting firms. The law contains eleven sections that place requirements on all U.S.

Reporting 52

Reporting Risk Management Risk Software 52

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

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. The management team defines the organization’s long-term goals and objectives. What are the benefits of Integrated Business Planning process?

Key Performance Indicator 84

Key Performance Indicator Forecasting Data Integration Sales 84

CIO Business Intelligence

SEPTEMBER 20, 2023

To do so, CIOs must continuously improve their product management, program management, and delivery capabilities to wow customers and deliver competitive advantages, all while steering clear of surefire DX mistakes such as prioritizing too many initiatives and underinvesting in developing digital trailblazers.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

Smart Data Collective

DECEMBER 17, 2021

Therefore, to ensure the regular operation of production, sales and development, enterprises should take advanced and effective measures to back up and protect their data. We talked about the benefits of Zero Trust , but there are other data protection measures that you must take too. Benefits of cloud backup.

Cost-Benefit 104

Cost-Benefit Measurement Big Data ROI 104

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. What if writing code wasn’t the real issue?”

IT 128

IT Consulting Testing Cost-Benefit 128

Smart Data Collective

MAY 25, 2023

Fortunately, there are a number of measures that small businesses can take to protect their sensitive information from unauthorized access. Additionally, cybercrime costs SMEs over $2.2 Cybercriminals target these businesses primarily due to their resource inadequacy and often lack of progressive cyber security measures.

Internet of Things 91

Internet of Things Cost-Benefit Risk Software 91

Laminar Security

MAY 3, 2023

Gartner has recently published a new piece emphasizing the importance of data security posture management (DSPM) in addressing the challenges of rapid data proliferation in the cloud, Gartner Innovation Insight: Data Security Posture Management.

Management 52

Management Risk Risk Management Data Processing 52

FineReport

APRIL 9, 2024

Benefits of Utilizing BI Tools The utilization of data analysis tools such as business intelligence software offers numerous benefits for organizations seeking to gain a competitive edge in today’s dynamic market landscape. This results in optimized resource utilization and cost efficiencies while enhancing overall productivity.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

FineReport

AUGUST 13, 2021

Insurance companies provide risk management in the form of insurance contracts. Industry-specific, comprehensive, and reliable data management and presentation have become an issue of increasing concern in the insurance industry. An insurance KPI dashboard is to measure the performance and efficiency of insurance agents.

Insurance 52

Insurance Dashboards KPI Analytics 52

IBM Big Data Hub

FEBRUARY 22, 2024

Data sovereignty: The importance of privacy and residency As clients address data residency requirements, we are helping them as they manage customer data in region and specific geographies, and in the location of their choice. As regulations evolve, we are committed to helping enterprise clients navigate their unique country requirements.

Enterprise 81

Enterprise Risk Data Processing Business Driver 81

Smart Data Collective

SEPTEMBER 21, 2021

There is information readily available these days to track, manage, and analyze, and it’s easier and cheaper to do so than ever. They can compare this to the average CPA (cost per action) to see the average gross profit of a given customer. One of the highest costs for most retail businesses is payroll. Sales Per Staff Member.

Data-driven 108

Data-driven Metrics Sales Big Data 108

CIO Business Intelligence

JULY 13, 2023

This component focuses on addressing technology accessibility and the innovation of technology system designs that benefit society. To fulfill this, companies can be transparent about their strategies and risk management. Look to create specific, measurable, and attainable standards for your path toward sustainability.

IT 97

IT Internet of Things Strategy IoT 97

BizAcuity

JULY 26, 2021

A hybrid cloud environment aids in workload mobility, integration, and management across multiple computing environments. Reduced costs . Improved security and risk management. Hardware costs. According to the 2019 report by Flexera enterprises with a hybrid strategy grew to 58% in 2019 from 51% in 2018.

IT 52

IT Cost-Benefit Data Processing Risk 52

datapine

MARCH 31, 2022

To understand this concept in a practical context, check out this video featuring an explanation from analyst Sonya Fournier: Now that we’ve explored BI in a real-world professional context, let’s look at the benefits of embarking on this occupation. It’s Flexible. This beats projections for almost all other occupations.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

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

IBM Big Data Hub

JULY 12, 2023

Team members discuss possible risks, analyze the risk impact of each one and propose courses of action to increase their overall preparedness. Delegate responsibility clearly and fairly: Like any other initiative, contingency planning requires effective project management to succeed.

Risk 40

Risk Cost-Benefit Internet of Things Testing 40

Corinium

APRIL 25, 2019

I am head of Products here, which comprises of R&D, Product Management and Global Customer support. For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. That’s the reward.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Smart Data Collective

OCTOBER 26, 2019

The backup facility’s cost, restoration capability, and efficiency of restoration all matter. Having a physical off-site backup is a much better redundancy measure. However, reasonable is a subjective measure. Cost of Backup. Closer sites for data storage mean lower cost, but a higher risk to the company.

Big Data 45

Big Data Data Lake Cost-Benefit Measurement 45

Grooper

OCTOBER 23, 2019

How does data benefit the entire company? They’re proactive with change management. By measuring performance, they drive improvements through necessary process and workflow changes. Now is the time to get organized, and view information management as the single most important initiative for business growth and innovation.

Metrics 59

Metrics Measurement Strategy Optimization 59

Jet Global

JUNE 21, 2021

A number of approaches are currently being proposed, underpinned by the need of governments worldwide to recoup funds in the wake of business assistance programs necessitated by the pandemic, including one that features measures as revolutionary as a common basic tax rate for every nation. Read how to elevate tax to a strategic function.

Recreation/Entertainment 98

Recreation/Entertainment Digital Transformation Finance Reporting 98

Smart Data Collective

JULY 25, 2019

Since all companies that cater to European consumers must abide by these regulations, consumers outside of the European Union can still benefit from them when accessing global websites. Consumers need to be aware of the risks and take appropriate measures. Data privacy risks remain a concern after the passage of the GDPR.

Risk 80

Risk Cost-Benefit Data Processing Measurement 80

Jet Global

MARCH 2, 2022

In other words, this element considers how these companies or organizations use energy and manage the environmental impact that their operations have. Waste management. Human capital management and development. The SFDR aims to give more transparency about sustainability and provide a common set of rules on sustainability risks.

Reporting 59

Reporting Recreation/Entertainment Risk Insurance 59