CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. This approach enabled Finance and business stakeholders to use data insights to see the metrics move as the year progressed.

Modeling 118

Modeling Cost-Benefit IT ROI 118

CIO Business Intelligence

NOVEMBER 14, 2023

Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. This makes cloud costs a target for finance teams and executives.” There are other risks, too. How will we measure and communicate the value of cloud? And the costs recur monthly or quarterly,” Upchurch says.

Strategy 141

Strategy Cost-Benefit IT Key Performance Indicator 141

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. How Do You Measure Data Quality? Table of Contents. 2) Why Do You Need DQM?

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

JULY 13, 2022

Across the globe, cloud concentration risk is coming under greater scrutiny. The UK HM Treasury department recently issued a policy paper “ Critical Third Parties to the Finance Sector.” The paper references the cloud concentration risk concerns raised by the Bank of England in previous research. We all know the drill. .

Insurance 85

Insurance Risk Marketing Data Processing 85

Cloudera

JUNE 22, 2022

Across the globe, cloud concentration risk is coming under greater scrutiny. The UK HM Treasury department recently issued a policy paper “ Critical Third Parties to the Finance Sector.” The paper references the cloud concentration risk concerns raised by the Bank of England in previous research. We all know the drill. .

Insurance 83

Insurance Risk Marketing Data Processing 83

O'Reilly on Data

APRIL 22, 2020

Three months ago, Apple released a new credit card in partnership with Goldman Sachs that aimed to disrupt the highly regulated world of consumer finance. Apple is a great producer of computer hardware, while Goldman knows finance and its complex rules backwards and forwards.

Cost-Benefit 252

Cost-Benefit Finance Strategy Data-driven 252

Jet Global

JANUARY 4, 2021

For many organizations, a frequent complaint related to financial planning has been the level of disconnect that sometimes exists between Finance and Operations. Coronavirus was a frighteningly effective stress test in many ways for organizations’ resilience. Speed was one of the main qualities tested.

Forecasting 98

Forecasting Finance Testing Sales 98

Cloudera

DECEMBER 11, 2020

Insurance and finance are two industries that rely on measuring risk with historical data models. To facilitate risk modeling in this new normal, agility and flexibility is required. Data Variety. This will only become more important as we move into 2021 and a post-pandemic new normal.

Insurance 95

Insurance Digital Transformation Unstructured Data Machine Learning 95

Smart Data Collective

SEPTEMBER 22, 2021

The risk of data breaches will not decrease in 2021. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. In this blog post, we discuss the key statistics and prevention measures that can help you better protect your business in 2021.

Statistics 107

Statistics Risk Measurement Software 107

Smart Data Collective

FEBRUARY 9, 2022

Let’s dive right into how DirectX visualization can boost analytics and facilitate testing for you as an Algo-trader, quant fund manager, etc. So, how can DirectX visualization improve your analytics and testing as a trader? For example, the trading duration, volatility and risk involved, among other things.

Visualization 134

Visualization Optimization Analytics Testing 134

Jedox

SEPTEMBER 10, 2020

They balanced employee health risks with commercial imperatives. They have reduced fixed costs, changed leasing arrangements, and provided financing measures as lifelines for high-grade suppliers suffering a catastrophic reduction in cash flow. In fact, “Brace! is what many CFOs may have heard at the onset of the crisis.

Forecasting 69

Forecasting Dashboards Measurement Risk 69

Jedox

SEPTEMBER 3, 2020

The new normal introduced new risks from employee health and safety, supply chain stress and government mandates – all with working capital implications. Using these drivers as an overlay to stress-test models add robustness to forecasting and can identify exposure and risks to long-term stability. Conclusion.

Uncertainty 81

Uncertainty Forecasting Digital Transformation Risk 81

Jet Global

JANUARY 18, 2021

In the case of Microsoft Dynamics AX, that will mean a move to Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) , which is an evolution of the AX code line. Because they are separate from the core ERP application, there is no risk that they will corrupt that core functionality. Review Third-Party Software.

Data Lake 98

Data Lake Reporting Cost-Benefit Finance 98

CIO Business Intelligence

DECEMBER 11, 2023

But ensuring those and other measures are taken into consideration is a weighty task that CIOs will be grappling with as AI becomes integral to how people work and conduct business. This team establishes the company’s risk tolerance, acceptable use cases and restrictions, and applicable disclosures.

Modeling 128

Modeling Risk Strategy Software 128

AWS Big Data

SEPTEMBER 14, 2023

The time a sub-task spends waiting for all barriers to arrive is measured by the checkpoint Alignment Duration metric, which can be observed in the Apache Flink UI. When testing the use of unaligned checkpoints, we recommend doing so with buffer debloating to prevent the state size from increasing. applications.

Snapshot 89

Snapshot Broadcasting Optimization Management 89

Smart Data Collective

JULY 9, 2023

Optimizing Conversion Rates with Data-Driven Strategies A/B Testing and Experimentation for Conversion Rate Optimization A/B testing is essential for discovering which version of your website’s elements are most effective in driving conversions. Take no risks when it comes to protecting data privacy!

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

CIO Business Intelligence

JANUARY 15, 2024

He says to do otherwise would risk being left behind. “AI Storytelling inspires bold change; it inspires teams to follow your vision and take the risks you need to take.” Then she advises practice: Work out stories first with peers or mentors to test whether the stories inspire the desired responses or convey the intended messages.

IT 128

IT Consulting Strategy Sales 128

Jet Global

SEPTEMBER 29, 2021

The Importance of Data-Driven Finance Leaders. As the economic landscape rapidly changes, the roles of CFOs and Finance leaders have transformed into those of strategists and innovators. How Finance Leaders Use Data to Support Decision-Making. Data-driven Finance leaders are only as successful as the teams supporting them.

Data-driven 52

Data-driven Finance Data Collection Metrics 52

Jet Global

JANUARY 15, 2021

With the rollout of Microsoft’s Dynamics 365 Business Central (D365 BC) and Microsoft Dynamics 365 Finance & Supply Chain Management (D365 F&SCM) , the company has moved toward rationalizing its portfolio of business applications, removing redundancy, and shifting to a cloud-first approach for the future.

Cost-Benefit 72

Cost-Benefit Data Lake Reporting OLAP 72

erwin

MARCH 12, 2020

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. In addition, customers want to ensure platforms are secure with sound coding practices and testing.

Enterprise 85

Enterprise Reporting Management ROI 85

datapine

JANUARY 24, 2021

Once you have your data analytics questions, you need to have some standard KPIs that you can use to measure them. OK – so far, you’ve picked out some data analysis questions, and you’ve found KPIs to measure them. Be open-minded about your data sources in this step – all departments in your company, sales, finance, IT, etc.,

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

APRIL 18, 2022

Data is what economists would call a non-rival risk, non-depleting progenitor of assets,” Laney says. Increasing numbers of West Monroe clients are asking the firm to help them through data monetization exercises: ideation, testing the feasibility of components, and laying out a roadmap for creating data products, Laney says.

ROI 115

ROI IT Dashboards Sales 115

CIO Business Intelligence

SEPTEMBER 6, 2022

It’ being everything from how they collect and measure data, to how they understand it and their own glossary. Pimblett took a carrot-and-stick approach to get everyone working together, partnering with them on value creation (the carrot of profit) and risk mitigation (the stick of compliance).

IT 81

IT Forecasting Data Lake Enterprise 81

CIO Business Intelligence

OCTOBER 13, 2022

One of the most important parameters for measuring the success of any technology implementation is the return on investment (ROI). across functions (HR, Finance, IT, etc.), This is followed by an end-to-end testing upgrading from component,” Kumar says. “If Align projects with business goals.

ROI 127

ROI IT Sales Consulting 127

CIO Business Intelligence

SEPTEMBER 21, 2023

With a pre-trained model, you can bring it into HR, finance, IT, customer service—all of us are touched by it.” The phrase “existential risk” is now everywhere—not in the sense the AI would destroy humanity, but that it would make business functions, or even entire companies, obsolete. And nobody has to get sold on it, he adds.

Enterprise 128

Enterprise Consulting Modeling Cost-Benefit 128

Jet Global

SEPTEMBER 10, 2020

Organizations now recognize the importance of being able to plan more frequently and integrate planning across business areas beyond finance to enable quick action in the face of rapidly changing market conditions. It is unlikely that the pace of business forecasting will ever slow back down to pre-COVID rates.

Forecasting 52

Forecasting Finance Uncertainty Sales 52

IBM Big Data Hub

MAY 17, 2023

Any issues with these applications can lead to decreased productivity, wasted time and potential security risks. As a result, users can take proactive measures to optimize service efficiency and improve user experience using intelligent processes. Process mining is an ideal solution to start planning for automation.

Management 70

Management IT Optimization Consulting 70

O'Reilly on Data

JULY 15, 2019

In recent posts, we described requisite foundational technologies needed to sustain machine learning practices within organizations, and specialized tools for model development, model governance, and model operations/testing/monitoring. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk.

Machine Learning 38

Machine Learning Management Enterprise Risk Management 38

Jet Global

DECEMBER 23, 2020

In other cases, costs are more obvious and clearly measurable. On the way there, however, there is a great deal that business leaders can do to rein in costs, reduce risks, and increase the value that ultimately comes out of ERP system upgrades.

Cost-Benefit 52

Cost-Benefit Data Warehouse Reporting Recreation/Entertainment 52

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR. Citations. [1]

Risk 99

Risk Marketing Risk Management Data-driven 99

Jet Global

MAY 15, 2020

A financial Key Performance Indicator (KPI) or metric is a quantifiable measure that a company uses to gauge its financial performance over time. The Fundamental Finance KPIs and Metrics – Cash Flow. Without enough cash on hand to support a short-term negative cash flow, external financing may be required. Current Ratio.

Metrics 98

Metrics Finance Reporting KPI 98

The Unofficial Google Data Science Blog

JANUARY 14, 2016

Well, it turns out that depending on what it cares to measure, an LSOS might not have enough data. The practical consequence of this is that we can’t afford to be sloppy about measuring statistical significance and confidence intervals. For this purpose, let’s assume we use a t-test for difference between group means.

Experimentation 41

Experimentation Statistics Metrics Measurement 41

datapine

OCTOBER 21, 2020

If you put on too many workers, you run the risk of having unnecessary labor costs add up. Every patient has his own digital record which includes demographics, medical history, allergies, laboratory test results, etc. All this vital information can be coupled with other trackable data to identify potential health risks lurking.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

Cloudera

SEPTEMBER 7, 2023

But it’s also fraught with risk. This June, for example, the European Union (EU) passed the world’s first regulatory framework for AI, the AI Act , which categorizes AI applications into “banned practices,” “high-risk systems,” and “other AI systems,” with stringent assessment requirements for “high-risk” AI systems.

Insurance 83

Insurance Risk Data-driven Finance 83

CIO Business Intelligence

MARCH 25, 2022

Policy makers around the world have been recognizing this heightened risk, which has been further amplified by the recent geopolitical tensions. The European Union (EU) has pulled together a proposal for a unified framework to regulate risk management for financial institutions. When having to manage corporate risk, simplicity is key.

Finance 80

Finance KPI Risk IoT 80

datapine

JUNE 29, 2022

Your Chance: Want to test accounting reporting software for free? It is useful to measure the financial reserves and liquidity of a business. It details the sources and uses of cash in relation to a business’s operations, investments, and financing. Explore our 14 day free trial & benefit from great accounting reports!

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200

datapine

OCTOBER 21, 2021

Your Chance: Want to test modern reporting software for free? Mitigate risks by constantly monitoring data: Modern monthly progress reports created with an online reporting tool provide a quick snapshot into a business’s most important performance indicators. Your Chance: Want to test modern reporting software for free?

Reporting 211

Reporting Dashboards Metrics Cost-Benefit 211