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

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. Financial service providers face growing expectations to make interactions more relevant and timelier. For example, providers can start by including more real-time data streams that can enhance customer interactions. Embrace incremental progress.

Strategy 102

Strategy Data Strategy ROI Cost-Benefit 102

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. says CIOs should apply agile processes to their gen AI strategy. It’s not a hammer.

Strategy 98

Strategy Risk Enterprise Risk Management 98

Smart Data Collective

DECEMBER 13, 2021

E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. From books, clothes, and shoes to courses and memberships, consumers are interacting with digital businesses more than ever. More e-commerce companies are leveraging analytics and AI to improve their business strategies.

Data-driven 135

Data-driven Marketing Strategy Big Data 135

Smart Data Collective

MARCH 23, 2023

This means you will not need to spend too much time on back and forth interactions. Automations reduce the risk of human error, leading to higher accuracy and reliability. This means you run less of a risk of bugs or other issues, which can easily escape the notice of a human. Manual testing requires time, effort, and money.

Software 114

Software Strategy Cost-Benefit Testing 114

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. Companies want candidates who can drive innovation, deliver meaningful business results, and work closely with other leaders to manage risks.

Risk Management 138

Risk Management Risk Cost-Benefit Technology 138

Smart Data Collective

NOVEMBER 18, 2021

In the information, there are companies with big data strategies and those that fall behind. However, the success of a big data strategy relies on its implementation. VentureBeat reports that only 13% of companies are delivering on their big data strategies. Longer buying cycles, more risk, and larger transactions.

Data Strategy 126

Data Strategy B2B Strategy Big Data 126

CIO Business Intelligence

APRIL 5, 2024

California and Connecticut lead the pack One state to watch is California, partly because of its large population that interacts with businesses across the US, and partly because the state legislature there tends to be ahead of the pack on consumer protection issues. There’s obviously going to be heightened scrutiny here across the board.”

Risk 132

Risk Interactive Insurance Strategy 132

bridgei2i

JANUARY 17, 2021

Case study: Emerging Risk Identification for Personal Lines Insurance. The client, a global insurance leader, wanted to identify emerging risks, associated drivers & trends by analyzing various external data sources including medical journals, legal opinion blogs, newsfeed & social media. Business Context.

Insurance 52

Insurance Risk Interactive Enterprise 52

Sisense

JANUARY 7, 2022

As businesses adapt to the pandemic and shift to new norms, risk mitigation strategies have become as normal and ubiquitous as having a fire escape in the office. Smarter, AI-driven learning and development initiatives will help mitigate risk in our rapidly evolving world. Minimising risk by ‘infusing’ AI.

Risk Management 52

Risk Management Risk Management Dashboards 52

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. I collaborate with multiple stakeholders across many global companies enabling high impact business transformation strategies, and guiding them in their analytics journey. Management.

Risk Management 128

Risk Management Risk Enterprise Management 128

IBM Big Data Hub

AUGUST 16, 2023

Nevertheless, I also understand the criticality of evaluating the inherent risks before embarking on its direct adoption within our organizations. In this discussion, I explore the risks and challenges associated with ChatGPT in an enterprise context, necessitating a careful approach to its implementation.

Risk 57

Risk Modeling Enterprise Interactive 57

Smarten

NOVEMBER 8, 2022

Planning Will Help Your Business Get the Most Out of a Citizen Data Scientist Strategy! If your business wishes to leverage the power of the Citizen Data Scientist strategy and enable data literacy and a balanced approach for data analytics, the enterprise must do more than select an augmented analytics solution for its team members.

Strategy 52

Strategy Digital Transformation Predictive Analytics Risk 52

DataRobot Blog

MAY 26, 2022

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. The decreasing default risk with increasing salary suggests that higher income applicants pose less credit risk to the bank.

Risk 52

Risk Modeling Metrics Business Objectives 52

CIO Business Intelligence

MARCH 12, 2022

A well-establish, well-executed employee retention strategy is a key competitive differentiator, as a company’s ability to hold on to its talent — especially in tight hiring markets — has profound ramifications for its ability to operate at a high level, without the disruptions that employee turnover bring. “We

Strategy 128

Strategy Cost-Benefit Management Enterprise 128

Mark Raskino

JUNE 1, 2023

They say that there are potential benefits but also risks. Business leaders seem to be assuming that AI under their control will be at the center of customer interaction advances. I’m reading many CEO interviews and responses to investor day questions about their views on the matter. It’s early days of course.

Strategy 59

Strategy B2B Interactive Testing 59

CIO Business Intelligence

NOVEMBER 20, 2023

Where should companies invest in generative AI strategies to get the biggest payoffs with the lowest risks? While it may currently be too risky to let a generative AI bot directly interact with customers without a human in the loop, their synthetic language capabilities can be used to glow up existing customer service bots.

Interactive 130

Interactive Risk ROI Testing 130

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

JANUARY 3, 2024

The contact center is where customers interact with companies through various channels, such as phone, email, chat, or social media. AI First in the Contact Center IBM Consulting and Amazon Web Services (AWS) are working together to bring an AI-first strategy to contact center transformation.

Insurance 126

Insurance B2B Consulting Cost-Benefit 126

IBM Big Data Hub

MAY 6, 2024

But as AI transforms and redefines how businesses operate and how customers interact with them, trust in technology must be built. More than 50% of respondents are concerned about unpredictable risks impacting generative AI initiatives and fear they will create increased potential for business disruption.

Enterprise 72

Enterprise Risk Strategy ROI 72

CIO Business Intelligence

MAY 15, 2024

This was 12 months in which interest rates and inflation soared, and persistent business, economic, and geopolitical uncertainty weighed heavily on corporate strategy. GenAI has the potential to transform digital operations, even as it introduces possible new risks and ethical quandaries. Unfortunately, they didn’t get it.

Uncertainty 111

Uncertainty Risk Business Objectives Software 111

CIO Business Intelligence

APRIL 30, 2024

The law will also extend beyond the borders of the EU member nations, as any company interacting with residents of the EU will be subject to the regulations. They must conduct risk assessments, take steps to reduce risk, maintain use logs, comply with transparency requirements, and ensure human oversight.

IT 115

IT Risk Data-driven Modeling 115

CIO Business Intelligence

NOVEMBER 6, 2023

Organizations must adopt proactive security strategies to maintain a secure on-premise environment while moving to the cloud. Adopt a Defense in Depth strategy Defense in Depth (DiD) is a cybersecurity strategy that involves implementing multiple layers of security controls throughout the entire infrastructure.

Risk 132

Risk Measurement Cost-Benefit Strategy 132

Smart Data Collective

JANUARY 30, 2023

So, how can one create software with as little risk as possible? They can see how their teams are interacting and whether certain members are missing deadlines or making consistent errors. The official announcement on CISA’s website clearly outlines the increased risks of cyber attacks. Cyber attacks.

Software 97

Software Strategy Testing Advertising 97

CIO Business Intelligence

JUNE 8, 2023

I’ll start with the surprising: 43% of executives say they already have a metaverse strategy in place. These timelines do not necessarily align with what I see, as most industries are likely not capable of executing a metaverse strategy in the short term. Only 4% say it’ll take six to 10 years. That’s the direct customer experience.

Marketing 111

Marketing Recreation/Entertainment Interactive Risk 111

IBM Big Data Hub

MAY 17, 2024

To take one example, AI-facilitated tools like voice navigation promise to upend the way users fundamentally interact with a system. But as businesses around the globe rapidly adopt the technology to augment processes from merchandising to order management, there is some risk. But none of these use cases exist in a vacuum.

B2B 70

B2B Interactive Optimization Forecasting 70

CIO Business Intelligence

MARCH 18, 2024

Technology has a critical role to play in any organization’s social sustainability strategy. How technology is used for social sustainability Governance and ethical practices: Data security and privacy technologies are critical for good governance, particularly in our digital-first world where cybersecurity risks are on the rise.

Manufacturing 119

Manufacturing Forecasting Technology Software 119

CIO Business Intelligence

MARCH 15, 2022

Artificial data has many uses in enterprise AI strategies. Synthetic data can fill in some of the gaps to create realistic, appropriate settings and objects for virtual environments, events, and interactions. Synthetic data use cases. For software testing: Using real data to test new software can create privacy and security problems.

Strategy 145

Strategy Testing Modeling Sales 145

CIO Business Intelligence

OCTOBER 18, 2023

So since the brand began this journey, the main objective has been to execute a corporate strategy by betting on the possibilities that technology provides in combination with people and data. Artificial Intelligence, Change Management, Digital Transformation, Insurance Industry, IT Strategy

Digital Transformation 128

Digital Transformation Insurance Interactive Sales 128

CIO Business Intelligence

NOVEMBER 7, 2023

What IT can do about generative AI hallucinations Fortunately, there are actions IT organizations can take to reduce the risk of generative AI hallucinations—either through decisions they make within their own environments or how internal users are trained to use existing tools. Here are a range of options IT can use to get started.

IT 130

IT Risk Modeling Strategy 130

CIO Business Intelligence

JUNE 30, 2023

And we’ll let you in on a secret: this means nailing your data strategy. All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. Can I also trust the mechanism by which I share that data without exposing myself inappropriately to risk?

Internet of Things 104

Internet of Things Strategy Data Strategy Risk 104

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. Otherwise, the risks become too significant. times higher ROI.

Enterprise 105

Enterprise ROI Risk Strategy 105

Smart Data Collective

OCTOBER 8, 2023

Luckily, this approach is beginning to change, primarily thanks to industry behemoths like Sonatype , who do everything they can to make software development companies aware of the risks associated with software supply chains. And today, we’ll talk about the most significant of these risks. However, they also pose a considerable risk.

Software 106

Software IoT Risk Internet of Things 106

CIO Business Intelligence

SEPTEMBER 26, 2023

Management rules typically exist to enable faultless decision-making, set a foundation for consistent operation, and provide protection from risk, observes Ola Chowning, a partner at global technology research and advisory firm ISG. Breaking a rule often happens after the CIO weighs the risk of removing or retaining a mandate,” she notes.

IT 141

IT Risk Cost-Benefit Consulting 141

CIO Business Intelligence

FEBRUARY 7, 2024

Carter Busse, CIO of no-code enabled automation platform company Workato, adds that APIs are now important connective tissue to integrate and interact with large language models (LLMs) within business processes. “If However, much excitement is centered around the prospect of AI and how it’ll catalyze more API adoption.

Business Objectives 124

Business Objectives Cost-Benefit Strategy Data-driven 124

datapine

JUNE 15, 2023

These analytical tools allow decision-makers to get a sense of their performance in a number of areas and extract valuable insights to inform their future strategies and boost growth. The new era of reporting is interactive and offers an insightful mix of real-time and historical insights.

Reporting 207

Reporting Cost-Benefit Dashboards Sales 207

CIO Business Intelligence

APRIL 11, 2024

Customer experience in the government sector is the sum of the public’s interactions with any government service, from how we contact our state’s social services and emergency services to waste management, public transportation, and healthcare. You don’t have to risk resiliency to embrace innovation. In 2023, nearly one-third of U.S.

Cost-Benefit 105

Cost-Benefit Predictive Analytics Data-driven Risk 105