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

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

DECEMBER 29, 2023

With the merging of operational efficiency and embracing new technologies, today’s CIOs are under increasing pressure to do more with less and become both technologists and business leaders, says Sunny Azadeh, CIO at digital services company GlobalLogic. “In

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

MARCH 18, 2024

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. There are a lot of risks and a lot of land mines to navigate,” says the analyst.

Risk 133

Risk Cost-Benefit Data Processing Testing 133

CIO Business Intelligence

SEPTEMBER 14, 2023

Generative AI represents the next generation of this technology, and we are currently working on several ways we can effectively leverage it — both in our products and in our business.” As exchanges were modernizing, they looked at the cost benefit and realized it was better to buy Nasdaq’s technology,” Peterson says.

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

CIO Business Intelligence

MAY 9, 2024

Technology has enabled Ally Financial to move at the speed of customers, embrace and drive disruptions, and see around corners to anticipate and stay ahead of trends. We also explored their leadership philosophies and the unique power and benefits that come from a strong CIO-CISO relationship. They are our first line of defense.

Cost-Benefit 104

Cost-Benefit Technology Risk Risk Management 104

Smart Data Collective

JUNE 19, 2022

How AI Can Help Suppliers Manage Risks Better. AI technology has been helpful for businesses in different industries for years. The benefits of AI stem from the need to manage close relationships with business stakeholders, which is a difficult task. Brand Reputation Risk. Price and Cost Risk.

Risk 133

Risk Cost-Benefit Risk Management Manufacturing 133

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

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

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

Decision Management Solutions

APRIL 23, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance”. In that post, I referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question? , Let’s dive into greater detail on the second lever – Manage Risk Better.

Insurance 69

Insurance Risk Technology Management 69

IBM Big Data Hub

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. This is something we’re likely to see more of this year.

Risk Management 52

Risk Management Insurance Cost-Benefit 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. the average cost of a data breach was at its highest, reaching $9.48M. In the U.S., In the U.S.,

Cost-Benefit 81

Cost-Benefit Testing Strategy Risk Management 81

CIO Business Intelligence

MARCH 9, 2023

In an IT marketplace marked by turbulence, inflation, and economic uncertainty, the process of contracting with vendors for technology products and services has gotten significantly more challenging for CIOs. What’s more, technology contracts are often multilayered. There are an increasing range of technologies and providers.

Cost-Benefit 116

Cost-Benefit Risk Uncertainty Technology 116

CIO Business Intelligence

JULY 15, 2022

Vendor management helps organizations take third-party vendor relationships from a passive business transaction to a proactive collaborative partnership. While working with IT vendors can help ease the burden on IT, it also raises concerns, especially around data, risk, and security. Benefits of vendor management.

Management 122

Management Cost-Benefit Risk Software 122

CIO Business Intelligence

APRIL 11, 2022

Gone are the days of the CIO being a back-office IT cost manager,” declares Chris Scheefer, vice president of intelligent industry at technology services and consulting firm Capgemini Americas. This means becoming more than a mechanism for technology project delivery and management,” he notes.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

CIO Business Intelligence

MAY 9, 2022

Holistic, multi-dimensional collaboration delivers the highest total value, considering cost, speed, risk, quality, and overall customer experience. It includes order collaboration, forecast, capacity, inventory, quality, and cost collaboration with suppliers. Better risk management and control.

Cost-Benefit 98

Cost-Benefit Forecasting Risk Management Risk 98

Laminar Security

DECEMBER 22, 2023

In the age of cloud computing, data security and cost management are paramount for businesses. Data Security Posture Management (DSPM) serves as a critical tool in this landscape, offering businesses a way to keep their data secure while also managing their cloud storage costs effectively.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

Smart Data Collective

APRIL 21, 2022

The market for AI is growing due to its obvious benefits. Many of them have utilized many management programs but finding the most best application without the assistance of an experienced consultant can be a challenge. What are application consulting services and can they help with your AI strategy? trillion by 2030.

Consulting 95

Consulting Cost-Benefit Software Machine Learning 95

CIO Business Intelligence

JULY 13, 2023

As demand for computing power continues to rise, the environmental impact of technology cannot be ignored. As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. This aspect is about data usage, privacy, and responsible technology innovation. Environment. Governance.

IT 98

IT Internet of Things Strategy IoT 98

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 119

Data Warehouse Dashboards Risk Management Risk 119

CIO Business Intelligence

OCTOBER 3, 2023

These tools bring benefits beyond automation. They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Organisational change management (OCM): processes do not exist in isolation from organisational structures.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

IBM Big Data Hub

FEBRUARY 13, 2024

Key considerations: Tech stack: Ensure your existing technology infrastructure can handle the demands of AI models and data processing. Invest in data hygiene and collection strategies to keep your engine running smoothly. This technology enables rapid evaluation and automatic adjustments, streamlining the design process significantly.

Enterprise 125

Enterprise Modeling Testing Data-driven 125

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

CIO Business Intelligence

MARCH 13, 2024

Even though generative AI is a relatively new technology, it’s now difficult to imagine a world without it, given the impact it’s making, and the business value it can create. We’re seeing a 15 to 20% uplift of productivity across the board,” says Matt Barrington, EY’s Americas emerging technologies leader. for every $1 spent.

IT 128

IT Consulting Testing Cost-Benefit 128

IBM Big Data Hub

JULY 27, 2023

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Predictive and preventive maintenance : The advent of IoT and AI technologies has transformed EAM systems into predictive maintenance tools.

Cost-Benefit 60

Cost-Benefit IoT Internet of Things Enterprise 60

CIO Business Intelligence

MARCH 24, 2023

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.”

Data Governance 142

Data Governance Management Metadata Data Quality 142

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

Smart Data Collective

AUGUST 1, 2022

A growing number of traders are taking advantage of AI technology to make more informed trading decisions. AI technology has actually changed stock market investing as we know it. There are a number of ways that traders can benefit from AI. Many people can learn about the benefits of AI technology with it.

Cost-Benefit 107

Cost-Benefit Machine Learning Marketing Strategy 107

Ontotext

APRIL 6, 2023

Read our post: Okay, You Got a Knowledge Graph Built with Semantic Technology… And Now What? For some time, the manufacturing industry has been benefiting significantly from knowledge graph technology. and other technologies for digital transformation of manufacturing systems. Manufacturing and Industry 4.0

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

IBM Big Data Hub

SEPTEMBER 18, 2023

However the payment is being made, the payment system’s IT architecture needs to securely manage the key functions, including payments processing, clearing and settlement, risk management, integration and connectivity, and analytics and reporting.

Risk 78

Risk Cost-Benefit Digital Transformation Risk Management 78

Smart Data Collective

MAY 25, 2023

Fortunately, new technology and training processes can help fight data breaches. Additionally, cybercrime costs SMEs over $2.2 A cybersecurity strategy is essential for protecting employees, corporate, and customers’ confidential data. million yearly. Data breaches are expensive and time-consuming for SMEs to recover from.

Internet of Things 89

Internet of Things Cost-Benefit Risk Software 89

CIO Business Intelligence

DECEMBER 8, 2022

The technology stack is complemented by professional services from strategy through to execution to ensure that the data is actionable and that there is a clear ROI. Sustainability as a Service is not just technology but also considers people, process and the regulatory environment. Edge Computing.

IoT 101

IoT ROI Cost-Benefit Risk 101

Ontotext

JULY 6, 2023

Changing the game with knowledge graphs So how does knowledge graph technology help enterprises in the Financial Services Industry become data-driven? Let’s consider an example about risk and opportunity event detection. The solution brings many business benefits. The business benefits here are also significant.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Smart Data Collective

MAY 8, 2022

When you combine big data with AI, you can help your users extract highly-valuable insights from data, foster data literacy across your company or organization, and take advantage of the many other benefits it offers. Improves decision making and reduces costs. Innovations. Wrapping it up.

Big Data 104

Big Data Data Analytics Analytics Cost-Benefit 104

erwin

AUGUST 20, 2020

It provides a visual blueprint, demonstrating the connection between applications, technologies and data to the business functions they support. 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.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

Jet Global

JANUARY 14, 2021

Having the right team, technologies, and techniques in place is crucial, but it takes more than that to excel at financial reporting. Cost to Read. Find new ideas and classic advice on strategy, innovation and leadership, for global leaders from the world’s best business and management experts. Financial Management.

Reporting 90

Reporting Finance Cost-Benefit Consulting 90