Smart Data Collective

FEBRUARY 9, 2022

Luckily, there are a few analytics optimization strategies you can use to make life easy on your end. Helps you to determine areas of abnormal losses and profits to optimize your trading algorithm. For example, the trading duration, volatility and risk involved, among other things.

Visualization 134

Visualization Optimization Analytics Testing 134

CIO Business Intelligence

APRIL 16, 2024

With the emergence of GenAI capabilities, fast-tracking digital transformation deployments are likely to change manufacturing as we know it, creating an expanding chasm of leaders versus followers, the latter of which will risk obsolescence. However, despite the benefits of GenAI, there are some areas of risk. Bias and fairness.

Manufacturing 142

Manufacturing Digital Transformation Risk Dashboards 142

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. Quocirca said this disconnect between the views of CIOs and CISOs on print security could prevent companies from determining the true level of risk.

IT 111

IT Measurement Risk Testing 111

CIO Business Intelligence

APRIL 1, 2024

Deloitte 2 meanwhile found that 41% of business and technology leaders said a lack of talent, governance, and risks are barriers to broader GenAI adoption. Capturing the “as-is” state of your environment, you’ll develop topology diagrams and document information on your technical systems. Assess your readiness. Pick the right partners.

Data Lake 142

Data Lake Consulting Uncertainty Risk 142

Cloudera

FEBRUARY 1, 2024

The other half of the equation requires your team’s emphasis to shift to sustained excellence in managing and optimizing your data ecosystem — better known as Day 2 operations. At Cloudera, our commitment to excellence extends beyond your deployment on Day 0 and Day 1, and into the critical phase of system maintenance and optimization.

Optimization 84

Optimization Measurement Testing Publishing 84

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation.

Cost-Benefit 80

Cost-Benefit Testing Machine Learning Optimization 80

IBM Big Data Hub

FEBRUARY 7, 2024

In addition to CSRD, California has new mandatory reporting rules coming into play in 2024, while countries around the world are on the verge of implementing their own non-financial disclosure and documentation requirements. Reporting is also becoming critical to corporate social responsibility initiatives.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

CIO Business Intelligence

APRIL 12, 2024

For financial services in the short term, generative AI specifically will allow for further automation of financial analysis and reporting, enhancement of risk mitigation efforts, and optimization of financial operations, according to a report, The implications of generative AI in Finance , by consulting firm Deloitte.

Experimentation 143

Experimentation Reporting Testing Statistics 143

CIO Business Intelligence

DECEMBER 20, 2023

Faster app development: By leveraging Generative AI, companies can automate documentation generation, improve software reusability, and seamlessly integrate AI functions such as chatbots and image recognition into low-code applications. This proactive support simplifies the coding process, resulting in more organised codebases.

Digital Transformation 128

Digital Transformation Testing Software Cost-Benefit 128

IBM Big Data Hub

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Generative AI proves highly useful in rapidly creating various types of documentation required by coders. Automate tedious, repetitive tasks.

Enterprise 125

Enterprise Modeling Testing Data-driven 125

CIO Business Intelligence

SEPTEMBER 12, 2023

As with many disruptive innovations, Generative AI holds great promise to deliver fundamentally better outcomes for organizations, while at the same time posing an entirely new set of cybersecurity risks and challenges. Copyright Issues: Enterprise employees use Generative AI to create content such as source code, images, and documents.

Risk 131

Risk Enterprise Software Marketing 131

CIO Business Intelligence

MAY 16, 2023

They determined and executed a ‘store versus destroy’ strategy for paper documents based on client classification and record retention schedules 4. ● The correct documents were then put in long-term storage to meet compliance requirements 5. ● A global bank with more than 1,400 branches in Latin America indexed critical customer data.

Digital Transformation 104

Digital Transformation Uncertainty Risk Cost-Benefit 104

CIO Business Intelligence

MAY 8, 2024

Process automation and improvement is a perennial CIO agenda item, and the call for business process optimization is only getting louder — especially for those processes directly tied to the bottom line. We take the financial risk for this, which means that if there is anything that’s misrepresented, the money comes from our pocket.”

IT 111

IT Cost-Benefit Insurance Unstructured Data 111

erwin

SEPTEMBER 3, 2020

It documents your data assets from end to end for business understanding and clear data lineage with traceability. Data governance and EA also provide many of the same benefits of enterprise architecture or business process modeling projects: reducing risk, optimizing operations, and increasing the use of trusted data.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

bridgei2i

APRIL 23, 2020

The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red.

Risk 52

Risk Management Scorecard Forecasting 52

CIO Business Intelligence

NOVEMBER 3, 2023

For example, AI can quickly answer: what is the best strategy for optimizing savings in a rising market for a particular category? When in the thick of running a complex RFP, we might ask what combinations of suppliers give the best savings and lowest risk,” says Blake.

Digital Transformation 128

Digital Transformation Risk Management Risk Machine Learning 128

CIO Business Intelligence

DECEMBER 19, 2023

Create these six generative AI workstreams CIOs should document their AI strategy for delivering short-term productivity improvements while planning visionary impacts. These workstreams require documenting a vision, assigning leaders, and empowering teams to experiment.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

JULY 14, 2023

Change Management An effective change management system is critical for maintaining stability and reducing risks. Without software designed for managing change in an organization, you run the risk of losing assets, time, and money on onboarding, offboarding, and other internal changes.

Risk 98

Risk Software Optimization Management 98

IBM Big Data Hub

NOVEMBER 24, 2023

While rebuild results in maximum benefit, there is a need for high degree of investment, whereas rehost is about moving applications and data as such to cloud without any optimization and this requires less investments while value is low. We will explore key areas of acceleration with an example in this article.

Cost-Benefit 100

Cost-Benefit Testing Data-driven Enterprise 100

IBM Big Data Hub

SEPTEMBER 12, 2023

Through the pilots, the UK government found that novel, digital, risk-based methods for border control can provide higher quality data and could decrease decision-making time for goods entering Britain by 17%. The consortium ran a pilot that provided the government with additional supply chain data for 700,000 consignments.

Testing 93

Testing Modeling Cost-Benefit Consulting 93

IBM Big Data Hub

JULY 26, 2023

Discover the current and emerging use cases for AI in waste management, optimization, energy reduction and ESG reporting. AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. Matching resources to demand more closely helps to save energy.

Optimization 80

Optimization Manufacturing Cost-Benefit Reporting 80

CIO Business Intelligence

DECEMBER 13, 2023

Social media content , such as tweets, posts, and other user-created data, to analyze trends and public sentiment and predict consumer behavior. Sensor and IoT data for predictive maintenance, supply chain optimization, and product design enhancements applications.

Unstructured Data 98

Unstructured Data IoT Metadata Manufacturing 98

CIO Business Intelligence

OCTOBER 25, 2023

Zscaler Enterprises will work to secure AI/ML applications to stay ahead of risk Our research also found that as enterprises adopt AI/ML tools, subsequent transactions undergo significant scrutiny. In all likelihood, we will see other industries take their lead to ensure that enterprises can minimize the risks associated with AI and ML tools.

Enterprise 133

Enterprise Risk Manufacturing Finance 133

Smart Data Collective

SEPTEMBER 25, 2023

The Significance of SBOM in Cybersecurity SBOM plays a critical role in enhancing cybersecurity by promoting transparency, aiding in vulnerability management, expediting incident response, ensuring compliance, and mitigating supply chain risks. When using third-party code, it’s essential to assess and monitor their security.

Software 113

Software Risk Data-driven IT 113

Alation

SEPTEMBER 7, 2021

In this blog we will discuss how Alation helps minimize risk with active data governance. Governance influences how an organization’s objectives are set and achieved, how risk is monitored and addressed, and how performance is optimized. Organizations that run afoul of such laws risk damaging their reputation.

Data Governance 59

Data Governance Risk Data Quality Dashboards 59

CIO Business Intelligence

OCTOBER 18, 2023

But if there are any stop signs ahead regarding risks and regulations around generative AI, most enterprise CIOs are blowing past them, with plans to deploy an abundance of gen AI applications within the next two years if not already. in concert with Microsoft’s AI-optimized Azure platform.

Risk 141

Risk Manufacturing Enterprise Technology 141

Smart Data Collective

SEPTEMBER 17, 2020

Some prominent banking institutions have gone the extra mile and introduced software to analyze every document while recording any crucial information that these documents may carry. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations.

Big Data 142

Big Data Finance Risk Management Risk 142

BizAcuity

APRIL 1, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. In fact, online casinos as an industry carries the biggest risk of money laundering. OCR is widely used to digitize all kinds of physical documentation. Predictive Analytics can help businesses in reducing risk (eg.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

CIO Business Intelligence

AUGUST 28, 2023

Although agile does value documentation, it is not as heavily emphasized as it is in traditional project management, for which documentation is often very detailed and assembled in advance. Rushed testing cycles: Sprints can create a risk of rushed testing cycles. A product or service is delivered with higher frequency.

Management 98

Management Software Testing Risk 98

IBM Big Data Hub

FEBRUARY 2, 2024

What’s your risk profile? It’s not enough for APIs to simply be available, they should also be well-documented and easy to use. That means distributing traffic to different providers to optimize performance and improve resilience. Any managed DNS provider worth its salt will offer a 100% uptime SLA.

Optimization 98

Optimization Management Metrics Dashboards 98

IBM Big Data Hub

OCTOBER 4, 2022

Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. Manual processes that introduce risk and make it hard to scale. Platforms and practices not optimized for AI. Challenges around managing risk.

Metadata 102

Metadata Risk Risk Management Experimentation 102

Cloudera

JUNE 1, 2021

In summary, the next chapter for Cloudera will allow us to concentrate our efforts on strategic business opportunities and take thoughtful risks that help accelerate growth. We must integrate and optimize the end-to-end data lifecycle for our customers, empowering them to focus on what really matters – extracting value from their data.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

BizAcuity

JANUARY 18, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. In fact, online casinos as an industry carries the biggest risk of money laundering. OCR is widely used to digitize all kinds of physical documentation. Predictive Analytics can help businesses in reducing risk (eg.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

IBM Big Data Hub

DECEMBER 4, 2023

The most common insurance use cases include optimizing processes that require processing large documents and large blocks of text or images. Customer engagement Providing insurance coverage involves working with numerous documents. Below, we provide summaries of some of our current generative AI implementation initiatives.

Insurance 56

Insurance Digital Transformation Risk Management Interactive 56

CIO Business Intelligence

FEBRUARY 7, 2024

With more APIs, additional effort is required to maintain design consistency and reduce scalability and end-user experience concerns — not to mention the added security risks stemming from a widened surface area. “It Besides technical considerations, however, there are unique business implications to consider, adds Bizagi’s Vázquez.

Business Objectives 125

Business Objectives Cost-Benefit Strategy Data-driven 125

erwin

SEPTEMBER 10, 2020

Not Documenting End-to-End Data Lineage Is Risky Busines – Understanding your data’s origins is key to successful data governance. This information is critical to regulatory compliance, change management and data governance not to mention delivering an optimal customer experience. Data Lineage Tells an Important Origin Story.

Data Governance 131

Data Governance Key Performance Indicator Digital Transformation Metadata 131

IBM Big Data Hub

JANUARY 11, 2024

In this article, we’re going to look at some common threats and how disaster recovery plans (DRPs) and solutions can optimize preparedness. Disaster recovery plan (DRP): A disaster recovery plan (DRP) is a document that clearly outlines how an enterprise will recover from an unexpected event.

Cost-Benefit 104

Cost-Benefit Risk Enterprise Software 104