CIO Business Intelligence

FEBRUARY 16, 2024

Security and data privacy The introduction of GenAI into enterprise workflows, and the related data needed to power it, amplifies the need for CIOs to implement robust security measures, develop incident response plans, and stay vigilant against evolving cyber threats to protect sensitive information and maintain business continuity.

Strategy 137

Strategy Insurance Digital Transformation Enterprise 137

CIO Business Intelligence

AUGUST 14, 2023

The CIO of transportation and logistics company Werner Enterprises has spent the bulk of his career doing full-blown transformation projects that often took two or three years to complete and ended up being a “massive, monolithic platform.” Here’s how IT leaders are embracing a quick-win, cumulative approach to digital transformation.

IT 94

IT Insurance Digital Transformation Broadcasting 94

CIO Business Intelligence

MARCH 7, 2024

Public LLMs in the sandbox: Safely test publicly available Large Language Models (LLMs) in a sandbox environment, separate from the production setting, to assess their impact without risking operational disruptions. If you have a digital transformation office , you likely have used AI in several facets of a program.

Digital Transformation 72

Digital Transformation Machine Learning Risk Testing 72

FineReport

APRIL 9, 2024

These innovative solutions pave the way for future trends in healthcare, shaping the industry’s digital transformation journey. The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

CIO Business Intelligence

SEPTEMBER 11, 2023

Translating the CEO’s strategy Another legacy organization, 105-year-old The Teachers Insurance and Annuity Association of America (TIAA), has “a specific focus on elevating data and digital fluency” across the organization, says Sastry Durvasula, CIO and client services officer. “Our You have to get that understanding first.”

Digital Transformation 135

Digital Transformation ROI Strategy Technology 135

Cloudera

MARCH 25, 2021

The protection and controls around data become increasingly complex when used in the context of banking and insurance activities. Personal and confidential information carries heightened sensitivity in the light of financial, health and insurance activities. Financial institutions and insurers understand the benefits of more data.

Data Strategy 67

Data Strategy Strategy Enterprise Insurance 67

CIO Business Intelligence

JUNE 7, 2022

It is frequently used for risk analysis. It can be used to reveal structures in data — insurance firms might use cluster analysis to investigate why certain locations are associated with particular insurance claims, for instance. This has the added benefit of often uncovering hidden patterns. Data analytics examples.

Data Analytics 135

Data Analytics Diagnostic Analytics Management Analytics 135

CIO Business Intelligence

DECEMBER 5, 2023

But as digital transformation efforts have intensified in recent years, CIOs have had fewer opportunities to pause and reevaluate IT’s financial situation. Even as they recognize digital transformation as the primary driver of business growth, many CEOs expect IT to do it all while keeping budgets flat.

IT 138

IT Cost-Benefit Digital Transformation ROI 138

Ontotext

APRIL 3, 2024

Aurelije Zovko : For me, it is a digital transformation. So, this is a big driver for the outcome because when you are saving money for the business, you can measure it and see its value. This ties in with the point about digital transformation as well as with making sure data-centricity is at the root of our approach.

Technology 59

Technology Risk Digital Transformation Measurement 59

CIO Business Intelligence

MAY 16, 2023

To gain perspective, Iron Mountain sponsored research by Quadrant Strategies, which used digital listening technologies to study public online conversation trends among enterprise decision-makers. Information governance enables enterprises to achieve strategic goals, mitigate risk, and reduce costs. Digital Transformation

Advertising 101

Advertising Recreation/Entertainment Experimentation Enterprise 101

bridgei2i

JUNE 30, 2020

I collaborate with multiple stakeholders across many global CPG companies, enabling high impact business transformation strategies and guiding them in their analytics journey. There is a significant shift in the buying channel towards digital e-commerce. And the customers are avoiding the risk of exposure.

Enterprise 98

Enterprise Technology Digital Transformation Manufacturing 98

CIO Business Intelligence

OCTOBER 9, 2023

Renganathan is keenly aware that to do so requires not only investing in technology to digitally transform its processes but also practicing the principle of “people helping people,’’ and balancing the ability to innovate and grow with achieving efficiencies. Internally, we say, ‘Let’s perform while we transform,’’’ Renganathan says.

Strategy 137

Strategy Technology Experimentation Testing 137

CIO Business Intelligence

NOVEMBER 7, 2022

However, the measure of success has been historically at odds with the number of projects said to be overrunning or underperforming, as Panorama has noted that organizations have lowered their standards of success. While we weren’t naïve to the risk of disruption to the business, the extent and magnitude was greater than we anticipated.”

Manufacturing 128

Manufacturing Cost-Benefit Sales Consulting 128

CIO Business Intelligence

JANUARY 8, 2024

“As we head into the new year, CIOs and other IT leaders will need to understand how innovation can disrupt the business from both an internal and external perspective and make decisions with measured risk taking and a strong focus on priority outcomes.”

Cost-Benefit 142

Cost-Benefit Digital Transformation Optimization Measurement 142

IBM Big Data Hub

NOVEMBER 10, 2023

Since 2021, healthcare insurance companies also known as payers, that set service rates, collect payments, process claims, and pay healthcare provider claims, have the obligation to comply with the interoperability requirements set in 2020. These requirements enable the exchange of important data between healthcare payers and providers.

Cost-Benefit 103

Cost-Benefit Insurance Consulting Unstructured Data 103

CIO Business Intelligence

AUGUST 15, 2023

A risk-limiting audit (RLA) is one audit type used for election verification. In increasingly politicized times, easily performing RLAs can provide a measure of confidence to the interested voter that elections are being run properly.”

IT 98

IT Manufacturing IoT Cost-Benefit 98

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Risk 56

Risk Machine Learning Risk Management Measurement 56

Alation

OCTOBER 28, 2021

Indeed, many healthcare organizations today are embracing digital transformation and using data to enhance operations. Value-based care is a new concept, growing in popularity and transforming the business model. Yet this is not without risks. PHI is arguably the highest risk data that a healthcare company manages.

Data Governance 52

Data Governance Measurement Modeling Metrics 52

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. How do we define “risk” and “value” in the context of data products, and how can we measure this?

Management 75

Management Risk Measurement Optimization 75

Alation

MARCH 24, 2022

Both data privacy and data security are critical to mitigate financial, reputational, and compliance risks for enterprises. It is critical that firms view data security as part of governance, risk management, and compliance (GRC). A bank vault has both security and privacy measures in place to protect the contents within.

Data Governance 52

Data Governance Risk Data-driven Measurement 52

Andrew White

JANUARY 11, 2021

As such banking, finance, insurance and media are good examples of information-based industries compared to manufacturing, retail, and so on. Some data is more a risk than valuable. Risk Management (most likely within context of governance). measuring value, prioritizing (where to start), and data literacy? Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

Alation

AUGUST 26, 2021

Cloud Transformation. Privacy, Risk and Compliance. Digital Transformation. Highly regulated industries, like insurance, healthcare, and finance, are traditionally risk averse and subject to compliance audits; historically, their data management strategies were defensive, focused on compliance.

Metadata 64

Metadata Data Governance Dashboards Software 64

CIO Business Intelligence

APRIL 12, 2022

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson.

Enterprise 143

Enterprise Technology Consulting Software 143

Jet Global

JUNE 21, 2021

A number of approaches are currently being proposed, underpinned by the need of governments worldwide to recoup funds in the wake of business assistance programs necessitated by the pandemic, including one that features measures as revolutionary as a common basic tax rate for every nation. The Digital Transformation of Tax Administration.

Recreation/Entertainment 98

Recreation/Entertainment Digital Transformation Finance Reporting 98