CIO Business Intelligence

JULY 31, 2023

They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies. Here’s a rundown of the top 20 issues shaping gen AI strategies today. Douglas Merrill, a partner at management consulting firm McKinsey & Co.,

Strategy 98

Strategy Risk Enterprise Risk Management 98

bridgei2i

NOVEMBER 20, 2020

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

Risk Management 92

Risk Management Risk Management Metrics 92

CIO Business Intelligence

MARCH 15, 2023

The malware itself continues to evolve, as do the criminal strategies of the perpetrators. The most familiar strategy–encrypting files on servers and then demanding a ransom for the decryption key–is but one approach among many. Such is the nature of cybersecurity risk management.

Digital Transformation 121

Digital Transformation Risk Risk Management Strategy 121

CIO Business Intelligence

SEPTEMBER 14, 2023

With this in mind, we embarked on a digital transformation that enables us to better meet customer needs now and in the future by adopting a lightweight, microservices architecture. A key aspect of our digital transformation was to lead with design. Digital Transformation

Digital Transformation 105

Digital Transformation Risk Management Enterprise Technology 105

CIO Business Intelligence

SEPTEMBER 20, 2023

But speaking to many IT leaders, there are often gaps between how IT runs Scrum, Kanban, or other agile practices and what CIOs need in order to achieve digital transformation objectives. Their comments offer insights as to what to do if your teams are “doing agile” but aren’t agile enough to deliver digital transformation results.

Digital Transformation 131

Digital Transformation Uncertainty Metrics Business Objectives 131

John Wheeler

DECEMBER 31, 2020

The following top 20 list (see figure below) represents the technologies and trends our clients deem most critical to their strategies for future success. As we look to 2021 and the anticipated global economic recovery , we see continued interest in topics related to emerging business risks, digital transformation and cybersecurity.

Technology 86

Technology Risk Management Digital Transformation Risk 86

CIO Business Intelligence

NOVEMBER 3, 2023

One major benefit of AI in supply chain management is that, in the source-to-pay process, companies can gather immediate intuitive intelligence. AI helps to turn past activities and successes into actionable strategies for future projects at a stroke. By automating repetitive tasks, difficult problems get more attention, too.

Digital Transformation 128

Digital Transformation Risk Management Risk Machine Learning 128

IBM Big Data Hub

MARCH 20, 2024

This is evident from emerging regulatory requirements and expectations in UK (Bank of England’s Critical Third-Party regime), Europe (Digital Operational Resilience Act)), Australia (APRA CPS-230 Operational Risk Management) and Canada (OSFI – Operational Resilience and Operational Risk Management), etc.

Risk Management 79

Risk Management Risk Enterprise Business Services 79

CIO Business Intelligence

JUNE 23, 2023

When asked what keeps them up at night, IT leaders noted the need to improve overall IT performance (60%), followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%). Sixty-five percent of respondents cited implementing a hybrid cloud strategy as a top priority. Digital Transformation

IT 97

IT Risk Management Risk Optimization 97

Cloudera

MARCH 25, 2021

As digital transformation initiatives move forward, many fast-forwarded by the pandemic, digital data footprints are expanding. Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. appeared first on Cloudera Blog.

Data Strategy 64

Data Strategy Strategy Enterprise Insurance 64

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 138

Cost-Benefit Digital Transformation Consulting Strategy 138

CIO Business Intelligence

AUGUST 5, 2022

Further, the report said that 90% of respondents claimed a multicloud strategy is working for their enterprises. This contrasts with just 53% of respondents claiming that such a strategy was working for them in last year’s survey.

Reporting 124

Reporting Enterprise Digital Transformation Cost-Benefit 124

CIO Business Intelligence

APRIL 21, 2022

Achieving business transformation and agility requires commitment from leadership at the very top of an organization, including C-suite, business and technology leaders. Each must be committed to the agile/digital transformation and must communicate that support clearly throughout the transformation journey. .

Digital Transformation 139

Digital Transformation Key Performance Indicator Risk Testing 139

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 126

Enterprise Cost-Benefit Digital Transformation Strategy 126

CIO Business Intelligence

SEPTEMBER 14, 2023

Peterson also worked closely with the founders of Databricks and has been on the cutting edge of AI, natural language processing, and Apache Spark, an open-source analytics engine that Nasdaq has used to develop risk management applications.

Risk Management 114

Risk Management Risk Marketing Cost-Benefit 114

CIO Business Intelligence

MARCH 14, 2024

“MBA programs can also help leaders hone their communication and negotiation skills while also improving their understanding of organizational behavior, strategic planning, and risk management through exposure to experienced peers and varied coursework,” Bhargava explains.

IT 124

IT Strategy Digital Transformation Marketing 124

Smart Data Collective

SEPTEMBER 17, 2020

These terms are fundamentally tied predominantly to matters involving digital transformation as well as growth in companies. Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. In this modern age, each business entity is driven by data.

Big Data 139

Big Data Finance Risk Management Risk 139

CIO Business Intelligence

NOVEMBER 21, 2023

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 135

IT Risk Cost-Benefit Risk Management 135

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 59

Cost-Benefit Risk Management Risk Digital Transformation 59

CIO Business Intelligence

JUNE 12, 2023

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. COBIT 2019 was introduced to build governance strategies that are more flexible and collaborative and that address new and changing technology.

Risk Management 75

Risk Management Strategy Digital Transformation Enterprise 75

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. Businesses are looking for tech pros with highly specialized skills, as they embrace digital transformation and increasingly rely on technology for core business.

IT 139

IT Digital Transformation Software Risk 139

CIO Business Intelligence

OCTOBER 30, 2023

The past decade in IT has been all about digital transformation. Transformations once envisioned to be a two- or three-year journey, to catch up or get ahead, have become a continuous journey with no end in sight. It’s no longer sufficient to pursue after-the-fact transformations.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

CIO Business Intelligence

AUGUST 25, 2022

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. Outsourcing IT operations has become a smart business strategy. Include the enterprise risk management team.

Risk Management 113

Risk Management Internet of Things Risk IoT 113

erwin

OCTOBER 17, 2019

At erwin, we’re definitely witnessing this EA evolution as more and more as organizations undertake digital transformation initiatives, including rearchitecting their business models and value streams, as well as responding to increasing regulatory pressures. Data security/risk management. Digital transformation.

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

IBM Big Data Hub

JANUARY 16, 2024

Therefore, financial institutions need to keep an eye on digital transformations and the integrations needed to support growth and competitiveness in a curated hybrid cloud environment. Mitigation efforts and having the proper risk management tools will be vitally important as threats increase.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

IBM Big Data Hub

DECEMBER 14, 2023

A cybersecurity strategy is not solely about managing risk across a business’ IT infrastructure. The stakes are especially high for organizations in highly regulated industries because they can be exploited through their digital supply chain, giving hackers access to consumers’ valuable and sensitive data.

Risk 89

Risk Enterprise Digital Transformation Risk Management 89

CIO Business Intelligence

APRIL 11, 2022

From front office to back office, the CIO needs to operationalize strategy and be a change agent , driving new skills and talent into the business. The key to success, Scheefer believes, is to become the C-suite’s vehicle for driving business strategy and transformation at pace and scale. Sharpen your strategy.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

CIO Business Intelligence

MARCH 8, 2023

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. Outsourcing IT operations has become a smart business strategy. Include the enterprise risk management team.

Modeling 78

Modeling Risk Management Internet of Things Risk 78

CIO Business Intelligence

SEPTEMBER 7, 2023

Established risk management framework to evaluate the use cases and validate the controls to manage relevant risks Continuous authentication and authorization to maintain the principles of least privilege and context of user entitlement.

Risk Management 89

Risk Management Risk Testing Modeling 89

CIO Business Intelligence

JUNE 26, 2023

Wide-scale digital transformation has positioned technology as the center piece of companies’ revenue-generation strategies, both as foundation for delivering and servicing products and as the primary touchpoint for customer engagement. That has served me incredibly well.”

IT 118

IT Consulting Software Digital Transformation 118

CIO Business Intelligence

APRIL 29, 2022

The data-first transformation journey can appear to be a lengthy one, but it’s possible to break it down into steps that are easier to digest and can help speed you along the pathway to achieving a modern, data-first organization. Create a CXO-driven data strategy. Key features of data-first leaders. And it won’t happen overnight.

Digital Transformation 123

Digital Transformation Strategy Data-driven Data Strategy 123

erwin

NOVEMBER 13, 2020

Digital Transformation. Data Security & Risk Management. Innovation Management. Digital Transformation. The key driver of modern EA is the demand for digital transformation. Compliance/Legislation. Artificial Intelligence. Knowledge Improvement and Retention.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

IBM Big Data Hub

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. Another way to use strategic sourcing methods to reduce costs is through digital transformation , such as automating manual processes. This technology can also help reduce the risk of regulatory non-compliance.

Cost-Benefit 84

Cost-Benefit Scorecard Risk Risk Management 84

erwin

APRIL 30, 2021

The top priority became mobility through a cloud-first strategy. the pandemic acted as an accelerant for digital transformation efforts, speeding up the adoption of digital technologies by several years. Priority 3: Risk Management – Security and Compliance. What roles do they have? What work do they do?

Enterprise 131

Enterprise Digital Transformation Risk Management Risk 131

John Wheeler

MAY 2, 2019

Gartner clients are consistently searching for ways to improve their risk management programs to deliver greater value to the enterprise. That’s why Gartner has been promoting integrated risk management (IRM) solutions for the past 4 years. Competitive Landscape: Integrated Risk Management Solutions.

Risk Management 75

Risk Management Technology Risk Digital Transformation 75

John Wheeler

OCTOBER 21, 2019

A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches. Digital Risk Management – Gartner.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

Cloudera

SEPTEMBER 29, 2021

Digital transformation has been talked about for many years, but the pandemic has accelerated the digital transformation journeys for many enterprises. While going digital may be commonly associated with the private sector, governments and the organizations in the public sector have much to gain by going digital as well.

Digital Transformation 79

Digital Transformation Data Governance Data-driven Dashboards 79