Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. These workstreams require documenting a vision, assigning leaders, and empowering teams to experiment.

Digital Transformation 142

Digital Transformation Unstructured Data Machine Learning Risk Management 142

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 134

IT Risk Cost-Benefit Risk Management 134

Smart Data Collective

SEPTEMBER 17, 2020

Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. 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.

Big Data 141

Big Data Finance Risk Management Risk 141

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 127

Digital Transformation Risk Management Risk Machine Learning 127

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. Invest in data hygiene and collection strategies to keep your engine running smoothly. Automate tedious, repetitive tasks.

Enterprise 122

Enterprise Modeling Testing Data-driven 122

DataRobot Blog

APRIL 29, 2022

The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

Risk 111

Risk Modeling IT Risk Management 111

CIO Business Intelligence

JANUARY 19, 2024

“It’s a key issue that needs attention, and a CIO can and should set the tone and practices for effective stakeholder management,” says Brett Tucker, an adjunct professor of cyber risk management at Carnegie Mellon University’s Heinz College.

Management 118

Management Consulting Risk Strategy 118

IBM Big Data Hub

OCTOBER 26, 2023

A corporate sustainability report is a comprehensive document that outlines a company’s efforts, policies, practices and performance related to social, environmental and economic sustainability. It starts with developing a sustainability strategy and roadmap and ESG data reporting.

Reporting 76

Reporting Software Cost-Benefit Strategy 76

CIO Business Intelligence

OCTOBER 3, 2023

They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Intelligent document processing: uses artificial intelligence and machine learning techniques to automate the processing of documents and unstructured data.

Cost-Benefit 114

Cost-Benefit Machine Learning Interactive Software 114

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 125

Enterprise Cost-Benefit Digital Transformation Strategy 125

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. Companies need qualified CTOs, CIOs, vice presidents, and directors who are focused on developing and overseeing the business’ overall technology strategy and goals.

IT 138

IT Digital Transformation Software Risk 138

CIO Business Intelligence

MARCH 24, 2023

The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.” Data governance framework Data governance may best be thought of as a function that supports an organization’s overarching data management strategy.

Data Governance 142

Data Governance Management Metadata Data Quality 142

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Cyber resilience is a component of operational resilience.

Cost-Benefit 78

Cost-Benefit Testing Strategy Risk Management 78

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 72

Risk Management Strategy Digital Transformation Enterprise 72

IBM Big Data Hub

APRIL 4, 2024

Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few. A third-party risk management review, where the ISV needs to describe how it is complying to required controls. Most of these new technologies are born-in-cloud.

Cost-Benefit 59

Cost-Benefit Risk Management Risk Digital Transformation 59

erwin

SEPTEMBER 17, 2020

For example, automatically importing mappings from developers’ Excel sheets, flat files, Access and ETL tools into a comprehensive mappings inventory, complete with auto generated and meaningful documentation of the mappings, is a powerful way to support overall data governance. Data quality is crucial to every organization.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

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 86

Risk Management Risk Testing Digital Transformation 86

erwin

APRIL 30, 2021

The top priority became mobility through a cloud-first strategy. Priority 3: Risk Management – Security and Compliance. Businesses are paying close attention to risk from internal and external sources.

Enterprise 131

Enterprise Digital Transformation Risk Management Risk 131

erwin

OCTOBER 17, 2019

it ensures not only access to proper documentation but also current, updated information. The Regulatory Rationale for Integrating Data Management & Data Governance. Data security/risk management. It also helps define strategy and models, improving interdepartmental cohesion and communication.

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Businesses that operate in the healthcare and personal finance space are at a higher risk because of the sensitivity of the data they handle.

Cost-Benefit 92

Cost-Benefit Risk Enterprise Advertising 92

IBM Big Data Hub

AUGUST 28, 2023

With nearly 5 billion users worldwide—more than 60% of the global population —social media platforms have become a vast source of data that businesses can leverage for improved customer satisfaction, better marketing strategies and faster overall business growth.

Data mining 56

Data mining Machine Learning Deep Learning Marketing 56

CIO Business Intelligence

OCTOBER 13, 2023

Here are the top 11 roles companies are currently hiring for, or have plans to hire for, to directly address their emerging gen AI strategies. The role of algorithm engineer requires knowledge of programming languages, testing and debugging, documentation, and of course algorithm design.

Deep Learning 143

Deep Learning Machine Learning Modeling Software 143

erwin

AUGUST 20, 2020

As a practice, EA involves the documentation, analysis, design and implementation of an organization’s assets and structure. With an enterprise architecture management suite (EAMS) , an organization can define and document its structure to more effectively determine how to achieve its goals. Innovation Management.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

erwin

JULY 12, 2019

So it’s important to understand how to use strategic data governance to manage the complexity of regulatory compliance and other business objectives … Designing and Operationalizing Regulatory Compliance Strategy. How erwin Can Help.

Data Governance 110

Data Governance Management Metadata Risk Management 110

CIO Business Intelligence

SEPTEMBER 20, 2023

The best way to address this gap is to draft a simple vision statement written by product managers and delivery leaders in collaboration with stakeholders and agile teams. The writing process builds trust, and a documented vision builds a shared understanding of priorities.

Digital Transformation 129

Digital Transformation Uncertainty Metrics Business Objectives 129

O'Reilly on Data

DECEMBER 12, 2019

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. The study of security in ML is a growing field—and a growing problem, as we documented in a recent Future of Privacy Forum report. [8]. That’s where remediation strategies come in.

Machine Learning 191

Machine Learning Modeling Testing Risk Management 191

Smart Data Collective

MAY 25, 2023

Develop a cybersecurity plan A cybersecurity plan, a written document, comprises details regarding your business’s security procedures, policies, and countermeasure-remediation plan. A cybersecurity strategy is essential for protecting employees, corporate, and customers’ confidential data.

Internet of Things 91

Internet of Things Cost-Benefit Risk Software 91

CIO Business Intelligence

MARCH 13, 2024

So when on-boarding potential vendors, productivity has increased by 70 to 80% as a result of using gen AI to help analyze masses of documents. “We “We’re seeing a 15 to 20% uplift of productivity across the board,” says Matt Barrington, EY’s Americas emerging technologies leader. We did side-by-side testing,” he says.

IT 127

IT Consulting Testing Cost-Benefit 127

CIO Business Intelligence

DECEMBER 5, 2022

Human resource management: Plan and identify human resource needs. Communications management: Plan stakeholder communications. Risk management: Perform qualitative and quantitative risk analysis, plan risk mitigation strategies. Procurement management: Identify and plan required procurements.

Management 132

Management Cost-Benefit Key Performance Indicator Software 132

CIO Business Intelligence

JANUARY 24, 2024

We’re piloting a way to do automated payments to subcontractors based on work in place that’s been identified with photo and video documentation,” Higgins-Carter says. Elevating IT To modernize Gilbane’s architecture, Higgins-Carter and her peers had to elevate innovation and technology as a core strategy for the company.

Risk Management 105

Risk Management Risk Management Digital Transformation 105

CIO Business Intelligence

SEPTEMBER 23, 2022

So, what should our security risk management strategies consider? What’s often missing is a comprehensive approach to risk management and a strategy that considers more than just data. Challenges of Security Risk Management. A Better Strategy to Manage Security Risks.

Risk Management 77

Risk Management Risk Strategy Management 77

Ontotext

APRIL 6, 2023

By linking this data, they facilitate tasks like asset management, predictive maintenance, documentation management, mission planning, risk management, aircraft design and optimization, and anomaly detection.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

erwin

MARCH 12, 2020

It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management.

Enterprise 85

Enterprise Reporting Management ROI 85

IBM Big Data Hub

JULY 27, 2023

How EAM can help oil and gas companies Enterprise asset management (EAM) can help companies more easily manage a complex array of assets, from drilling rigs and pipelines to refineries and storage facilities. This not only helps businesses avoid regulatory penalties, but it also creates safer operations and improves public perception.

Cost-Benefit 58

Cost-Benefit IoT Internet of Things Enterprise 58

erwin

JUNE 14, 2019

Its past successes – and future potential – are well documented, chronicled in the billion-dollar valuations of the frontrunners in the practice. The inherently competitive nature of retail has made the sector a leader in adopting data-driven strategy. This is an important data point for marketing strategy.

Digital Transformation 111

Digital Transformation Data Governance Risk Data-driven 111

CIO Business Intelligence

MARCH 9, 2023

Recognize the significance of the contract The legal agreement between vendor and customer is not just a document standing in the way of getting work started; it sets the tone for the relationships and the expectations for vendor performance. This tends to be driven by a position-based negotiation strategy.” Here are their top 10 tips.

Cost-Benefit 109

Cost-Benefit Risk Uncertainty Technology 109