article thumbnail

How to use foundation models and trusted governance to manage AI workflow risk

IBM Big Data Hub

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It includes processes that trace and document the origin of data, models and associated metadata and pipelines for audits.

Risk 75
article thumbnail

How Your Finance Team Can Lead Your Enterprise Data Transformation

Alation

Although operations and sales departments tend to champion the use of data for business insight 3 , we’ve found that finance departments are often the first adopters of the Alation Data Catalog within an organization. This is because accurate data is “table stakes” for finance teams. What is most critical to the business?

Finance 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Making OT-IT integration a reality with new data architectures and generative AI

CIO Business Intelligence

In this way, manufacturers would be able to reduce risk, increase resilience and agility, boost productivity, and minimise their environmental footprint. The data transformation imperative What Denso and other industry leaders realise is that for IT-OT convergence to be realised, and the benefits of AI unlocked, data transformation is vital.

article thumbnail

Data Preparation and Data Mapping: The Glue Between Data Management and Data Governance to Accelerate Insights and Reduce Risks

erwin

Organizations have spent a lot of time and money trying to harmonize data across diverse platforms , including cleansing, uploading metadata, converting code, defining business glossaries, tracking data transformations and so on. And there’s control of that landscape to facilitate insight and collaboration and limit risk.

article thumbnail

As insurers look to be more agile, data mesh strategies take centerstage

CIO Business Intelligence

These domain data leaders often cite the diminishing returns and significant effort of central data team engagement. Additionally, data silos and fragmentation often occur inorganically as in the case of merger or acquisition scenarios.

article thumbnail

Self-service vs Centralized Data Management: How to Leverage Data Lineage to Empower and Control

Octopai

It allows them to explore, manipulate, and analyze data without heavy reliance on IT or data specialists. This approach promotes agility and empowers business users to make faster, data-driven decisions. On the other hand, centralized data management emphasizes a more structured and governed approach.

article thumbnail

8 data strategy mistakes to avoid

CIO Business Intelligence

At Vanguard, “data and analytics enable us to fulfill on our mission to provide investors with the best chance for investment success by enabling us to glean actionable insights to drive personalized client experiences, scale advice, optimize investment and business operations, and reduce risk,” Swann says.