IBM Big Data Hub

OCTOBER 16, 2023

AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 78

Risk Modeling Management Metadata 78

AWS Big Data

FEBRUARY 1, 2024

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. The solution should be scalable, cost-efficient, and straightforward to adopt and operate.

Data Warehouse 122

Data Warehouse Dashboards Risk Management Risk 122

FineReport

JUNE 7, 2023

Thus, one tool that has gained significant popularity in recent years is the Project Management Dashboard. Moreover, the implementation of an effective Project Management Dashboard facilitates data-driven decision-making and sustainable business success. What Is A Project Management Dashboard?

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

APRIL 22, 2022

Behind every successful IT project, you’ll find a highly skilled project manager. From hardware and software upgrades to ongoing security patches, to application development and the rollout of software itself, project managers keep your teams on task and productive. Top project management certifications.

Management 111

Management Cost-Benefit Testing Risk 111

CIO Business Intelligence

NOVEMBER 21, 2023

But for a select few, the deeper challenges of departmental technologies being funded, procured, and managed without IT involvement are the missed opportunities to better engage and fulfill departmental technology needs. That’s not to downplay the inherent risks of shadow IT.

IT 137

IT Risk Cost-Benefit Risk Management 137

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

Smart Data Collective

JUNE 19, 2022

Companies are using AI to better understand their customers, recognize ways to manage finances more efficiently and tackle other issues. Since AI has proven to be so valuable, an estimated 37% of companies report using it. AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

CIO Business Intelligence

MARCH 5, 2024

CIOs must also partner with CISOs, legal, human resources, and business leaders to build awareness of policies and develop a generative AI risk management strategy. While that’s a limitation, there are reports of promised functionality not yet available.

Cost-Benefit 124

Cost-Benefit Advertising Experimentation Software 124

CIO Business Intelligence

JANUARY 4, 2024

However, managing PCI security compliance across various lines of business within these institutions can be a complex and resource-intensive task. 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

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 18, 2023

For payment systems to leverage ISO 20022, the architecture must support ISO 20022 data to those components that can leverage the expanded data set, including Fraud System, Sanctions Screening, Regulatory Reporting, and Payments Archive. Are your payment systems ready to reap these benefits? Real-Time Payments and Wire Transfer).

Risk Management 119

Risk Management Cost-Benefit Risk Data-driven 119

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. Benefits of partnering with IBM? Additional resources here.

Cost-Benefit 61

Cost-Benefit Risk Management Risk Digital Transformation 61

IBM Big Data Hub

MAY 8, 2024

The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. The use of various identity tools is further compounded with managing access to your legacy application infrastructure, integrating new users during mergers and acquisitions.

Risk 85

Risk Cost-Benefit Risk Management Management 85

CIO Business Intelligence

NOVEMBER 23, 2022

Organizations that scored in the top quartile for EA maturity in a recent Bizzdesign survey were three times more likely to report having organizational agility, which has been crucial during the past few years with the COVID-19 pandemic. Giving business the ability to prioritize investments.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

Laminar Security

MARCH 30, 2023

Cloud transformation and data democratization provide a number of benefits to organizations, but these same technologies and trends are also introducing the greatest risks. Ninety-seven percent of security professionals reported their organization has a dedicated data security team, up from 58% in 2022.

Reporting 52

Reporting Risk Cost-Benefit Risk Management 52

CIO Business Intelligence

DECEMBER 14, 2023

And while vendor lock-in has long been a key issue in the cloud, especially for organizations that have not established a credible threat of defection, the emerging AI tools market — and its accompanying arms race among the major cloud vendors — could leave CIOs at risk of the opportunity costs of AI lock-in as well.

Risk 130

Risk Strategy Cost-Benefit Risk Management 130

CIO Business Intelligence

FEBRUARY 22, 2024

Increasing pressures around environment, social, and governance (ESG) concerns have organizations across industries turning to their CIOs to revamp their strategies for ESG reporting. To date, many companies have merely repurposed existing technology solutions for their ESG reporting needs.

Software 95

Software Reporting KPI Enterprise 95

CIO Business Intelligence

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Respond to threats quickly.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

APRIL 7, 2022

It’s Hobson’s choice: risk being knocked out of business with a single punch vs. risking a slow but just as lethal outcome from loss of customers, marketshare, and mindshare. Add to the challenge this risk-management maxim: Successful prevention is indistinguishable from absence of risk. Chargebacks.

Risk Management 122

Risk Management Risk Cost-Benefit Management 122

CIO Business Intelligence

DECEMBER 27, 2023

AI in a box CIOs are under pressure to deliver productivity improvements and reduce costs in financial services. With AWS’ strict data security, it prevents any data going outside of AWS, that ensures the models are clean and don’t access the whole internet like OpenAI does,” says Brian Baral, Genpact’s global head of risk management.

Insurance 141

Insurance Cost-Benefit Risk Technology 141

IBM Big Data Hub

OCTOBER 26, 2023

A corporate sustainability report is a comprehensive document that outlines a company’s efforts, policies, practices and performance related to social, environmental and economic sustainability. Challenges arise when these software solutions need to be integrated in order to expose insights that could maximize their benefits.

Reporting 79

Reporting Software Cost-Benefit Strategy 79

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

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. DPPM itself may therefore also be considered, in part, an enterprise architecture practice.

Management 76

Management Risk Measurement Optimization 76

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

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

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 82

Cost-Benefit Testing Strategy Risk Management 82

erwin

SEPTEMBER 17, 2020

It’s paramount that organizations understand the benefits of automating end-to-end data lineage. Here are six benefits of automating end-to-end data lineage: Reduced Errors and Operational Costs. Replace manual and recurring tasks for fast, reliable data lineage and overall data governance.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

IBM Big Data Hub

JUNE 29, 2023

Integrated Business Planning (IBP) addresses these challenges by providing a comprehensive framework that integrates strategic, operational and financial planning, analysis, and reporting to drive better business outcomes. The management team defines the organization’s long-term goals and objectives.

Key Performance Indicator 84

Key Performance Indicator Forecasting Data Integration Sales 84

CIO Business Intelligence

MARCH 13, 2024

According to a research report IDC released in November, based on a survey of over 2,100 business leaders and decision makers with responsibility for AI transformation, 71% of companies already using AI are seeing returns on their AI investments within 14 months, averaging $3.50 for every $1 spent.

IT 128

IT Consulting Testing Cost-Benefit 128

Laminar Security

MAY 3, 2023

According to our recent State of Cloud Data Security Report 2023 , 77% of organizations experienced a cloud data breach in 2022. That’s particularly concerning considering that 60% of worldwide corporate data was stored in the cloud during that same period.

Management 52

Management Risk Risk Management Data Processing 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. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45

Cost-Benefit 96

Cost-Benefit Risk Enterprise Advertising 96

CIO Business Intelligence

MAY 13, 2024

It creates more emphasis on 365-degree relationship management, particularly with external partners and vendors and with customers,” Juliano says. Other reports also highlight the strong CEO interest in AI. 3, according to the State of the CIO survey. In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023.

IT 124

IT Digital Transformation ROI Strategy 124

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

Ontotext

APRIL 6, 2023

For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. But we are also happy to report that some of the biggest car manufacturers leverage Ontotext’s RDF database for knowledge graphs GraphDB in their technology. Manufacturing and Industry 4.0 And that’s not all.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

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. Benefits of Enterprise Architecture. The benefits of EA include: Better decision-making. Reduced risks and costs.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

CIO Business Intelligence

DECEMBER 7, 2022

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. Cloud-related services’ cost has risen by between 5% and 7% this year compared to last, IDC says.

IT 132

IT Insurance Cost-Benefit Risk Management 132