CIO Business Intelligence

MARCH 12, 2024

Others include preparation for zero-day attacks, almost anything having to do with data stewardship, as well as IT training and social engineering audits. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. The average cost of a data breach is $4.64

ROI 122

ROI IT Manufacturing Metrics 122

DataRobot Blog

APRIL 29, 2022

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses.

Risk 111

Risk Modeling IT Risk Management 111

CIO Business Intelligence

MAY 15, 2024

Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name. If you have a data center that happens to have capacity, why pay someone else?” It’s also the training data, model weights, and fine tuning. Gen AI, however, isn’t just code.

Modeling 135

Modeling Risk Software Enterprise 135

IBM Big Data Hub

JANUARY 30, 2024

In the last post , we looked at creating a blueprint for a sustainable data center. Now we’ll look at how to get the most out of a modern data center. Get inspired A successful data center implementation can best be described as a distributed, dynamic, efficient and resilient IT nucleus.

Manufacturing 78

Manufacturing Business Objectives Optimization Risk Management 78

Smart Data Collective

OCTOBER 26, 2023

Cybersecurity is the practice of taking precautions to protect data privacy, security, and reliability from being compromised online. Specialists in cybersecurity help in taking appropriate precautions to secure sensitive data and individual privacy in the modern digital environment. What do cybersecurity specialists do?

Technology 91

Technology Risk Measurement IoT 91

CIO Business Intelligence

SEPTEMBER 7, 2023

First, there is the need to properly handle the critical data that fuels defense decisions and enables data-driven generative AI. Organizations need novel storage capabilities to handle the massive, real-time, unstructured data required to build, train and use generative AI.

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Data-driven 119

CIO Business Intelligence

MAY 11, 2022

Understanding business requirements, from technology recovery requirements to data loss tolerance, enables a dynamic technology strategy that morphs with the changing needs of the business. Implement more disciplined validation and testing. Conducting a business impact analysis (BIA) is critical to identifying business requirements.

Management 98

Management Testing Insurance Finance 98

CIO Business Intelligence

JUNE 8, 2023

There’s a strong need for workers with expertise in helping companies make sense of data, launch cloud strategies, build applications, and improve the overall user experience. This demand has driven up salaries for IT roles, especially those around development, engineering, and support.

IT 140

IT Digital Transformation Software Risk 140

Smart Data Collective

OCTOBER 13, 2021

It also allows companies to experiment with new concepts and ideas in different ways without relying only on lab tests. Choose the right artificial intelligence tools such as System Innovation to help you manage innovation and confront the challenges of technological advancements. Take advantage of data analytics.

Technology 120

Technology Cost-Benefit Experimentation Machine Learning 120

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 97

Risk Optimization Management Insurance 97

CIO Business Intelligence

OCTOBER 3, 2023

They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Process optimisation: processes are examined, re-engineered, standardised and carefully tested prior to being automated processes.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

CIO Business Intelligence

JULY 31, 2023

To allow or not According to various news reports, some big-name companies initially blocked generative AI tools such as ChatGPT for various reasons, including concerns about protecting proprietary data. 1 question now is to allow or not allow,” says Mir Kashifuddin, data risk and privacy leader with the professional services firm PwC US.

Strategy 98

Strategy Risk Enterprise Risk Management 98

IBM Big Data Hub

SEPTEMBER 15, 2023

For example, the regulated disclosures could be anything from estimates around Scope 3 emissions, to investor-grade data. The process will accelerate the pace at which ESG data will need to be collected, verified, and incorporated into these financially material investor disclosures.

Risk 78

Risk Reporting Data-driven Publishing 78

CIO Business Intelligence

MAY 9, 2024

Helping lead the continual evolution of the nation’s largest all-digital bank are two award-winning technology executives: Sathish Muthukrishnan, Ally’s chief information, data, and digital officer, and Donna Hart, the company’s CISO. Ransomware is our No. 1 threat, and it really is stemming from a team member clicking on the wrong thing.

Cost-Benefit 116

Cost-Benefit Technology Risk Risk Management 116

erwin

JUNE 14, 2019

The inherently competitive nature of retail has made the sector a leader in adopting data-driven strategy. Four main areas in retail demonstrate digital transformation, with a healthy data governance initiative driving them all. This is an important data point for marketing strategy. Data can tell you.

Digital Transformation 111

Digital Transformation Data Governance Risk Data-driven 111

IBM Big Data Hub

SEPTEMBER 20, 2022

Alongside the significant brand reputation risk, there’s also a growing set of data and AI regulations across the world and across industries — like the upcoming European Union AI Act — that companies must adhere to. How do you accommodate for drifting data patterns? How a data fabric enables trustworthy AI.

Metadata 57

Metadata Machine Learning Data-driven Modeling 57

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% But despite those expenditures, there have already been at least 13 major data breaches, including at Apple, Meta and Twitter. to reach more than $188.3 billion this year.

IT 111

IT Cost-Benefit Risk Consulting 111

Cloudera

MARCH 28, 2019

For all the advances in big data, machine learning and computational simulation in the decade since the global financial crisis, incumbent banks, still preoccupied with the twin imperatives of ever-tougher regulatory compliance and boosting shareholder returns, are playing catch-up in their adoption of new technologies. Risk management 3.0.

Risk 73

Risk Management Risk Management Machine Learning 73

erwin

MARCH 12, 2020

It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management.

Enterprise 85

Enterprise Reporting Management ROI 85

IBM Big Data Hub

JULY 31, 2023

Banks have the most to gain if they succeed (and the most to lose if they fail) at bringing their mainframe application and data estates up to modern standards of cloud-like flexibility, agility and innovation to meet customer demand. Couldn’t execs have run better analyses to spot risks within the data?

Digital Transformation 53

Digital Transformation Uncertainty Risk Data Warehouse 53

FineReport

JUNE 7, 2023

Moreover, the implementation of an effective Project Management Dashboard facilitates data-driven decision-making and sustainable business success. This approach is facilitated by project management dashboards, which enable you to monitor, optimize, and enhance project performance while boosting overall team productivity.

Dashboards 52

Dashboards Management Visualization Cost-Benefit 52

FineReport

MARCH 24, 2024

Rapid technological advancements and extensive networking have propelled the evolution of data analytics, fundamentally reshaping decision-making practices across various sectors. In this landscape, data analysts assume a pivotal role, tasked with interpreting data to drive informed decision-making.

Statistics 52

Statistics Data mining Visualization Reporting 52

Cloudera

AUGUST 25, 2020

Richard Harmon, Managing Director of Financial Services at Cloudera, to find out more about how the industry is adopting new technology. Thank you for joining us for part two of our discussion around data, analytics and machine learning within the Financial Service Sector Dr. Harmon.

Prescriptive Analytics 70

Prescriptive Analytics Technology Machine Learning Risk 70

Smart Data Collective

SEPTEMBER 22, 2021

Data breaches have become much more common in recent years. One estimate shows that over 37 billion data records were exposed last year. The risk of data breaches will not decrease in 2021. Every business out there is now forced to become an internet business, which makes them more dependent on data.

Statistics 106

Statistics Risk Measurement Software 106

Cloudera

MAY 15, 2018

Over the past decade, we have observed open source powered big data and analytics platforms evolve from large data storage containers to massively scalable advanced modeling platforms that seamlessly operate on-premises and in a multi-cloud environment. Probability, Uncertainty and Quantitative Risk (2017) 2:6. Dr. Richard L.

Machine Learning 42

Machine Learning Recreation/Entertainment Finance Big Data 42

IBM Big Data Hub

JULY 7, 2023

Threats to your data are virtually everywhere these days, and too often, data compromises seem almost inevitable. But with a proactive approach to data security, organizations can fight back against the seemingly endless waves of threats. Data breaches can be disastrous for organizations.

Risk 40

Risk Data Governance Data Lake Data-driven 40

bridgei2i

JULY 28, 2020

We need people who can test. And monitor those models, software engineers, data analysts, system administrators, and then there’s that whole process of troubleshooting and debugging, which is huge because the system is not going to run perfectly. More efficient, more scalable systems are going to be able to handle more data.

Enterprise 98

Enterprise Digital Transformation Insurance B2B 98

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. And CEOs are looking to CIOs to create those products.”

IT 131

IT Digital Transformation ROI Strategy 131

IBM Big Data Hub

DECEMBER 4, 2023

Companies large and small are increasingly digitizing and managing vast troves of data. The software provides an integrated and unified platform for disparate business processes such as supply chain management and human resources , providing a holistic view of an organization’s operations and breaking down data silos.

Testing 78

Testing Consulting Digital Transformation Cost-Benefit 78

Cloudera

SEPTEMBER 7, 2023

There’s also the risk of various forms of data leakage, including intellectual property (IP) as well as personally identifiable information (PII) especially with commercial AI solutions. That said, Generative AI and LLMs appear to do all of these things, producing original, “creative” outputs by learning from input data.

Insurance 79

Insurance Risk Data-driven Finance 79

Domino Data Lab

AUGUST 10, 2021

Models are the central output of data science, and they have tremendous power to transform companies, industries, and society. At the center of every machine learning or artificial intelligence application is the ML/AI model that is built with data, algorithms and code. Download your free copy of How to Build a Model Driven Business.

Modeling 64

Modeling IT Risk Management Deep Learning 64

Cloudera

MAY 18, 2021

This article is the second in a multipart series to showcase the power and expressibility of FlinkSQL applied to market data. Code and data for this series are available on github. Flink SQL is a data processing language that enables rapid prototyping and development of event-driven and streaming applications.

Risk 94

Risk Marketing Risk Management Data-driven 94

BizAcuity

MARCH 31, 2022

You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. Combined, it has come to a point where data analytics is your safety net first, and business driver second. These industries accumulate ridiculous amounts of data on a daily basis. AI Adoption and Data Strategy. AI for Business.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

DataRobot Blog

SEPTEMBER 13, 2022

According to IDC , 83% of CEOs want their organizations to be more data-driven. Data scientists could be your key to unlocking the potential of the Information Revolution—but what do data scientists do? What Do Data Scientists Do? Data scientists drive business outcomes. Awareness and Activation.

Forecasting 52

Forecasting Data-driven Machine Learning Optimization 52

Cloudera

NOVEMBER 18, 2021

With so many impactful and innovative projects being carried out by our customers using the Cloudera platform, selecting the winners of our annual Data Impact Awards (DIA) is never an easy task. So, without further ado, it is with great delight that we officially publish the 2021 Data Impact Award winners! Data Lifecycle Connection.

Data Lake 74

Data Lake Cost-Benefit Digital Transformation Risk 74

DataRobot Blog

DECEMBER 20, 2022

One might imagine that the increase in available data would lead to greater transparency and more efficient markets, but the opposite seems to be the case as increased access to massive amounts of data has made assessing real estate assets much more complex. Real Estate Data Intelligence. More is not always better.

Management 59

Management Machine Learning Optimization Modeling 59

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Companies, both big and small, are seeking the finest ways to leverage their data into a competitive advantage.

Big Data 263

Big Data Data Analytics Analytics Data mining 263