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7 steps for turning shadow IT into a competitive edge

CIO Business Intelligence

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 131
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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. One such company has built a tool that predicts customer intent and behavior based on previous interactions and other market data. And standing still is not an option.

Risk 126
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How to Gain Greater Confidence in your Climate Risk Models

Cloudera

As governments gather to push forward climate and renewable energy initiatives aligned with the Paris Agreement and the UN Framework Convention on Climate Change, financial institutions and asset managers will monitor the event with keen interest. The climate risk model makes robust scenarios possible. Assess Variables.

Risk 80
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Automating Model Risk Compliance: Model Monitoring

DataRobot Blog

Monitoring Model Metrics. With this data in hand, we are able to measure both the data drift and model performance, both of which are essential metrics in measuring the health of the deployed model. The accuracy of a model is another essential metric that informs us about its health in a deployed setting.

Risk 59
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3 areas where gen AI improves productivity — until its limits are exceeded

CIO Business Intelligence

So it’s no surprise creative professionals use these tools to create marketing and sales materials to supplement internal communications and for other purposes. Today, SAP has dozens of different gen AI tools, hosted in a company-wide platform, that allow employees to create content, graphics, and more.

IT 124
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Rebalancing through Recalibration: CIOs Operationalizing Pandemic-era Innovation

CIO Business Intelligence

The technology initiatives that are expected to drive the most IT investment in 2023 security/risk management, data/business analytics, cloud-migration, application/legacy systems modernization, machine learning/AI, and customer experience technologies. 91% of CIOs expect their tech budget to either increase or stay the same in 2023.

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Top 17 cloud cost management tools

CIO Business Intelligence

In many cases, cloud cost managers are part of a larger suite designed to not just watch the bottom line but also enforce other rules such as security. Some are not marketed directly as cloud control tools but have grown to help solve this problem. It will work across all major (and minor) clouds as well as pods hosted on premises.