FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

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. Bonds are issued by different entities such as governments, municipalities, and corporations.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

Smart Data Collective

MARCH 27, 2023

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Many small businesses are investing in AI-driven financial management software.

Software 88

Software Finance Cost-Benefit Data-driven 88

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

MAY 8, 2024

For Expion Health, a cumbersome manual process to determine what rates to quote to potential new customers had become a cap on the healthcare cost management firm’s ability to grow its business. We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.”

IT 95

IT Cost-Benefit Insurance Unstructured Data 95

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 108

Broadcasting Cost-Benefit Strategy Modeling 108

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. “AI 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 130

Enterprise Cost-Benefit Forecasting Strategy 130

IBM Big Data Hub

DECEMBER 1, 2023

Enterprise resource planning (ERP) is a business management software built to do just that. The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Customization: Organizations can customize the software as they see fit.

Enterprise 95

Enterprise Cost-Benefit Consulting Software 95

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

Jet Global

SEPTEMBER 1, 2023

In this modern, turbulent market, predictive analytics has become a key feature for analytics software customers. But we’re also seeing its use expand in other industries, like Financial Services applications for credit risk assessment or Human Resources applications to identify employee trends.

Predictive Analytics 52

Predictive Analytics Risk Analytics Software 52

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

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 142

Risk Consulting Machine Learning Data Science 142

CIO Business Intelligence

FEBRUARY 27, 2024

However, in an increasingly software-centric environment, both new and legacy assets must deliver value throughout their lifecycle. The dangers of sweating assets If you have an older phone, the manufacturer eventually stops updating the software. This creates risk for the company, shareholders, customers and their brand.

Technology 100

Technology Management Manufacturing Cost-Benefit 100

CIO Business Intelligence

MAY 15, 2024

Its core capability—using large language models (LLMs) to create content, whether it’s code or conversations—can introduce a whole new layer of engagement for organizations. Is there a risk of enterprise data being exposed via an LLM ? These will help to force developers working with the models to produce more responsible apps.

Cost-Benefit 52

Cost-Benefit Risk Modeling Digital Transformation 52

erwin

JANUARY 9, 2020

For decades, data modeling has been the optimal way to design and deploy new relational databases with high-quality data sources and support application development. Today’s data modeling is not your father’s data modeling software. So here’s why data modeling is so critical to data governance.

Data Governance 144

Data Governance Modeling Metadata Unstructured Data 144

CIO Business Intelligence

SEPTEMBER 20, 2023

With the addition of Now Assist to the Vancouver release of its software platform, ServiceNow is embedding gen AI across the three major workflows it supports. Cost in question The new gen AI features do come at a cost. Other pieces include staffing, skills training, partner involvement, legal exposure, and risk mitigation.”

Cost-Benefit 110

Cost-Benefit Software Finance Interactive 110

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. In this discussion, I explore the risks and challenges associated with ChatGPT in an enterprise context, necessitating a careful approach to its implementation.

Risk 58

Risk Modeling Enterprise Interactive 58

Jet Global

JULY 15, 2021

Despite these limitations, every smart business relies upon planning, forecasting, and scenario modeling to establish reasonable parameters for understanding what the future might hold, setting a strategy for the organization, and determining which actions to take in both the short and long terms. Learn to Expect the Unexpected.

Modeling 98

Modeling Recreation/Entertainment Sales Cost-Benefit 98

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 131

IT Risk Cost-Benefit Risk Management 131

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 143

Marketing IT Cost-Benefit Enterprise 143

erwin

JULY 1, 2022

On the heels of its erwin® Data Modeler 12.1 general availability release on June 7, less than one month later, Quest Software® announces a new offering: erwin Mart on Cloud 12.1. While on-premises products offer many traditional benefits to users, sometimes, a cloud solution can be more advantageous. benefit you?

Modeling 52

Modeling Cost-Benefit Data Processing Software 52

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. But it’s not just about security.

IT 101

IT Cost-Benefit Data Processing Software 101

CIO Business Intelligence

MAY 9, 2023

According to the Rocket Software Survey Report 2022: The State of the Mainframe , four out of five IT professionals see the mainframe as critical to business success. Tap into open-source software Mainframe-dependent businesses often think that open source is just for cloud-based products – but that assumption is incorrect.

Cost-Benefit 90

Cost-Benefit Software Digital Transformation Risk 90

Smart Data Collective

AUGUST 30, 2022

The sudden growth is not surprising, because the benefits of the cloud are incredible. With cloud computing, companies can use their servers and hardware as much as they want with little overhead from extra hardware and software. Cloud technology results in lower costs, quicker service delivery, and faster network data streaming.

Technology 134

Technology Enterprise Cost-Benefit Testing 134

CIO Business Intelligence

NOVEMBER 6, 2023

However, while cloud computing offers benefits like improved efficiency, scalability, and accessibility, it poses new security challenges. A Defense in Depth strategy is essential because it helps businesses stay ahead of these risks by implementing multiple lines of defense.

Risk 125

Risk Measurement Cost-Benefit Strategy 125

Smart Data Collective

SEPTEMBER 13, 2022

In today’s more competitive, technology-driven corporate environment, all firms seeking to increase activity and productivity are reaping the benefits of the software world. The abbreviation for software as a service is “SaaS.” The SaaS business model is gaining acceptance throughout the world.

Cost-Benefit 104

Cost-Benefit Data Processing Software Data-driven 104

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. That’s because, says Peterson, Nasdaq’s tech stack is the best exchange software out there. “As

Risk Management 111

Risk Management Risk Marketing Cost-Benefit 111

Jet Global

APRIL 5, 2021

Enterprises actively use financial modeling to guide their financial planning and strategic decision-making. Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. That being said, one model can’t do it all. What Is Financial Modeling? Risk management.

Modeling 98

Modeling Forecasting Metrics Finance 98

CIO Business Intelligence

MARCH 5, 2024

India’s Ministry of Electronics and Information Technology (MeitY) has caused consternation with its stern reminder to makers and users of large language models (LLMs) of their obligations under the country’s IT Act, after Google’s Gemini model was prompted to make derogatory remarks about Indian Prime Minister Narendra Modi.

Testing 124

Testing Modeling Cost-Benefit Reporting 124

CIO Business Intelligence

DECEMBER 11, 2023

“This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament. million) or 1.5% of the turnover to $37.6

Risk 110

Risk Testing Insurance Cost-Benefit 110

CIO Business Intelligence

NOVEMBER 20, 2023

If you look at the advances we have seen in AI, with the large amounts of data that large language models can process, we can safely hand off various decisions to machines,” says Prasad Ramakrishnan, CIO & SVP of IT at Freshworks. This reduces costs while improving customer experience.

Sales 127

Sales Cost-Benefit Manufacturing Forecasting 127

CIO Business Intelligence

JUNE 21, 2023

Generative AI is already starting to power the day-to-day tools we use, inspire a new wave of intelligent applications, and even reimagine the world of enterprise software and the world of IT. Speak their language: Frame your arguments in terms of business outcomes and financial benefits.

Modeling 105

Modeling Cost-Benefit ROI Digital Transformation 105

IBM Big Data Hub

FEBRUARY 7, 2024

These efforts often go hand in hand with broader corporate sustainability initiatives and can lead to significant cost savings and improved environmental performance. 2 For example, some are turning to software solutions that can more easily capture, manage and report ESG data. trillion in economic benefits by 2030.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

Smart Data Collective

JULY 9, 2021

What Are the Benefits of Data Analytics in Staffing? The Forbes Research Council showed that there are a lot of great benefits of leveraging big data in human resources. These benefits include the following: Improving workforce planning. It also helps with creating a solid hiring model. Reducing staffing costs.

Data Analytics 128

Data Analytics Management Analytics Big Data 128

datapine

OCTOBER 21, 2020

In fact, healthcare analytics has the potential to reduce costs of treatment, predict outbreaks of epidemics, avoid preventable diseases, and improve the quality of life in general. We will then look at 18 big data examples in healthcare that already exist and that medical-based institutions can benefit from. 3) Real-Time Alerting.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

Jet Global

SEPTEMBER 22, 2020

Failure to manage operational transfer pricing effectively creates huge risks for organizations, especially in today’s highly unpredictable markets. The decision to adopt such a solution may be initially driven by individuals in the finance or tax team, especially those who can see the benefits it could bring to their own working lives.

Software 98

Software Forecasting Risk Cost-Benefit 98

IBM Big Data Hub

SEPTEMBER 20, 2023

Such services can empower citizens and help restore trust in public entities by improving workforce efficiency and reducing operational costs in the public sector. Or they can stay on the sidelines and risk missing out on AI’s ability to help agencies more effectively meet their objectives.

Cost-Benefit 110

Cost-Benefit Digital Transformation Technology Modeling 110