CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

Risk 114

Risk Risk Management Strategy Enterprise 114

CIO Business Intelligence

JANUARY 2, 2024

There are myriad systems kept on life support in every enterprise because companies delay replacing them, resulting in downtime and the continual need for time-consuming fixes, which consume resources and continue to build technical debt. Windows Server 2012 is not alone. Consider, for example, a school building that contains asbestos.

Risk 128

Risk IT Risk Management Sales 128

CIO Business Intelligence

APRIL 4, 2024

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI Webster Bank is following a similar strategy. “We need to continue to be mindful of business outcomes and apply use cases that make sense.”

Enterprise 134

Enterprise Cost-Benefit Forecasting Strategy 134

Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? That is: (1) What is it you want to do and where does it fit within the context of your organization?

Strategy 289

Strategy Experimentation Uncertainty Machine Learning 289

CIO Business Intelligence

MARCH 18, 2024

There are a lot of risks and a lot of land mines to navigate,” says the analyst. Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. The CIO has strategies in place to address all three. The opportunity is too big. billion in 2024 to $521.0

Risk 133

Risk Cost-Benefit Data Processing Testing 133

IBM Big Data Hub

JANUARY 19, 2024

Whether your industry faces challenges from geopolitical strife, fallout from a global pandemic or rising aggression in the cybersecurity space, the threat vector for modern enterprises is undeniably powerful. Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event.

Strategy 100

Strategy Cost-Benefit Testing Risk 100

CIO Business Intelligence

APRIL 11, 2024

In a cloud market dominated by three vendors, once cloud-denier Oracle is making a push for enterprise share gains, announcing expanded offerings and customer wins across the globe, including Japan , Mexico , and the Middle East. Oracle is helped by the fact that it has two offerings for enterprise applications, says Thompson.

Enterprise 124

Enterprise IT Data Processing Strategy 124

Smart Data Collective

NOVEMBER 12, 2021

To address newer challenges, security providers have developed new technologies and strategies to combat evolving threats. To get acquainted with the ways security firms are handling the new breed of threats in cyberspace, here’s a rundown of the notable strategies the leading cybersecurity platforms and security firms are offering.

Strategy 130

Strategy Enterprise Testing Cost-Benefit 130

CIO Business Intelligence

NOVEMBER 14, 2023

Companies may have had highly detailed migration or execution plans, but many failed to develop a point of view on the role of cloud in the enterprise. Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. There are other risks, too.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

CIO Business Intelligence

JANUARY 22, 2024

As enterprises become more data-driven, the old computing adage garbage in, garbage out (GIGO) has never been truer. Most of these costs relate to the work carried out within enterprises checking and correcting data as it moves through and across departments. But what about most enterprises without access to such data?

Data Strategy 132

Data Strategy Strategy Data-driven Enterprise 132

Rocket-Powered Data Science

JULY 19, 2023

The results showed that (among those surveyed) approximately 90% of enterprise analytics applications are being built on tabular data. What could be faster and easier than on-prem enterprise data sources? Observability represents the business strategy behind the monitoring activities.

Data-driven 186

Data-driven Enterprise Analytics Machine Learning 186

IBM Big Data Hub

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

IBM Big Data Hub

FEBRUARY 13, 2024

The best option for an enterprise organization depends on its specific needs, resources and technical capabilities. Invest in data hygiene and collection strategies to keep your engine running smoothly. This use case saves time and enables users to focus on higher-level strategy rather than daily business management.

Enterprise 125

Enterprise Modeling Testing Data-driven 125

CIO Business Intelligence

MARCH 4, 2024

Stakeholders are currently waging an open debate across the industry of centralization versus federated data strategies. Despite these benefits, the core problems that data centralization so often fails to address are the pragmatic realities of many enterprise data ecosystems.

Insurance 98

Insurance Strategy Data Governance Data Integration 98

CIO Business Intelligence

NOVEMBER 14, 2023

The Internet of Things (IoT) is a permanent fixture for consumers and enterprises as the world becomes more and more interconnected. In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks. billion devices reported in 2023.

IoT 129

IoT Enterprise Manufacturing Measurement 129

CIO Business Intelligence

JULY 31, 2023

The adoption curve here is by no means gradual, with most enterprise leaders quickly working to harness the technology’s potential mere months after the November 2022 launch of gen AI tool ChatGPT kicked off a wave of enthusiasm (and worry). So, what are the concerns that will complicate the enterprise gen AI playbook?

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

OCTOBER 10, 2023

So, what are its implications for the enterprise and cybersecurity? It is a scientific and engineering game-changer for the enterprise. But the shock of how fast Generative AI applications such as ChatGPT , Bard , and GitHub Pilot emerged seemingly overnight has understandably taken enterprise IT leaders by surprise.

Enterprise 123

Enterprise Deep Learning Interactive Software 123

CIO Business Intelligence

JANUARY 11, 2024

CIOs are under increasing pressure to deliver AI across their enterprises – a new reality that, despite the hype, requires pragmatic approaches to testing, deploying, and managing the technologies responsibly to help their organizations work faster and smarter. The top brass is paying close attention. Artificial Intelligence

Enterprise 127

Enterprise Uncertainty Risk Management Reporting 127

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.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

IBM Big Data Hub

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

Strategy 95

Strategy Cost-Benefit Digital Transformation Uncertainty 95

bridgei2i

JUNE 2, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. Melita Menezes: Hi everyone, you’re listening to AI to Impact by BRIDGEi2i, a podcast on AI for the digital enterprise.

Risk Management 128

Risk Management Risk Enterprise Management 128

IBM Big Data Hub

SEPTEMBER 6, 2023

Enterprise marketing teams stand to benefit greatly from generative AI, yet introduction of this capability will require new skills and processes. With the right generative AI strategy, marketers can mitigate these concerns. The journey starts with sound data.

Marketing 122

Marketing Strategy B2B Cost-Benefit 122

CIO Business Intelligence

OCTOBER 12, 2023

You require a strategy for efficient, productive, and responsible corporate use. The companies that harness GenAI are the companies that we believe are going to disrupt their industries,” said Mindy Cancila, vice president of corporate strategy at Dell Technologies, on a recent CXO Spice webcast. These tips will help you get started.

Strategy 127

Strategy Marketing Metrics Technology 127

CIO Business Intelligence

MAY 17, 2023

Excellent opportunities to save and make money, reduce risk, and develop new models of business emerge when business, IT and data teams work together, identifying where the enterprise’s most valuable data assets reside. Why it matters:  Data-driven business decisions must factor prominently in modernization efforts.

Data-driven 109

Data-driven Strategy IT Insurance 109

bridgei2i

JUNE 23, 2021

In the latest episode of ‘The Data Strategy Show’, host Samir Sharma engages Prithvijit(Jit) Roy and Pritam K Paul, Co-Founders of BRIDGEi2i, in a riveting discussion. The leaders discuss data and digital transformation opportunities arising despite the global pandemic and enterprise challenges towards AI adoption.

Strategy 52

Strategy Enterprise Statistics Digital Transformation 52

CIO Business Intelligence

JULY 26, 2023

The complexity of today’s enterprise infrastructure environment has created demand for a great variety of dedicated point security solutions, triggering a disconcerting array of alarms and alerts that most organizations struggle to address with current access to talent and staff. involved in the risk management process.

Enterprise 98

Enterprise Risk Management Risk Manufacturing 98

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 79

Strategy Business Objectives Cost-Benefit Consulting 79

Rocket-Powered Data Science

OCTOBER 16, 2020

While there has been accelerating interest in implementing AI as a technology, there has been concurrent growth in interest in implementing successful AI strategies. e) AI workforce training and development is a major component of AI strategy, though AI implementations consistently outpace training initiatives. organizations. (e)

Strategy 198

Strategy Insurance Snapshot Digital Transformation 198

CIO Business Intelligence

MAY 24, 2023

Enterprise application vendors such as Oracle and SAP now have cloud infrastructure offerings that rival those of Google, AWS, and Microsoft Azure. Enterprises need to define a holistic strategy for cloud enablement and in this, there may be multiple cloud solutions (e.g., My advice: Be proactive. hyperscale, private cloud).

Strategy 105

Strategy IT Digital Transformation Optimization 105

DataRobot Blog

APRIL 29, 2022

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. 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.

Risk 111

Risk Modeling IT Risk Management 111

Cloudera

MARCH 25, 2021

Will the data privacy controls ultimately help create an enterprise approach to data? Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. In this case, regulation could be the mother of enterprise data governance.

Data Strategy 64

Data Strategy Strategy Enterprise Insurance 64

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

CIO Business Intelligence

DECEMBER 5, 2023

Why is this sector at such risk? As a result, OT systems that were previously isolated are now connected and therefore accessible from the outside world, making them more at risk of being attacked. Another factor that has increased the security risks in this sector is that critical infrastructure often relies heavily on legacy systems.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105

erwin

APRIL 30, 2021

Before the COVID-19 pandemic, many enterprise architects were focused on standardization. The top priority became mobility through a cloud-first strategy. As the world moves forward, enterprise architecture (EA) is moving with it. As the world moves forward, enterprise architecture (EA) is moving with it.

Enterprise 131

Enterprise Digital Transformation Risk Management Risk 131