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 108

IT Cost-Benefit Insurance Unstructured Data 108

Cloudera

DECEMBER 19, 2023

There, I met with IT leaders across multiple lines of business and agencies in the US Federal government focused on optimizing the value of AI in the public sector. As also expected, most had experimented on their own with large language models (LLM) and image generators. Our government leaders had several suggestions: Start small.

Optimization 92

Optimization Cost-Benefit Unstructured Data Risk 92

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 112

Risk Risk Management Strategy Enterprise 112

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? They need to understand;

Risk 83

Risk Modeling Risk Management Measurement 83

O'Reilly on Data

NOVEMBER 13, 2018

Considerations for a world where ML models are becoming mission critical. As the data community begins to deploy more machine learning (ML) models, I wanted to review some important considerations. Before I continue, it’s important to emphasize that machine learning is much more than building models. Model lifecycle management.

Machine Learning 220

Machine Learning Risk Management Statistics 220

John Wheeler

NOVEMBER 24, 2020

However, for security and risk management professionals it can make a huge difference. Take for example the terms cyber risk, digital risk and the digitalization of risk management. Viewed together, the three terms represent key aspects of integrated risk management (IRM). For Shakespeare’s Juliet, not much.

Risk Management 85

Risk Management Risk Management Technology 85

CIO Business Intelligence

JUNE 23, 2023

Respondents were asked about their current IT stressors, their approach to modernizing their IT infrastructure, and how they plan to become more efficient and optimized in the years ahead. It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience.

IT 98

IT Risk Management Risk Optimization 98

IBM Big Data Hub

MAY 8, 2023

This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI. This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI.

Insurance 75

Insurance Risk Testing Data Quality 75

CIO Business Intelligence

NOVEMBER 16, 2023

A large language model (LLM) is a type of gen AI that focuses on text and code instead of images or audio, although some have begun to integrate different modalities. A large language model (LLM) is a type of gen AI that focuses on text and code instead of images or audio, although some have begun to integrate different modalities.

Modeling 139

Modeling Enterprise Marketing Sales 139

IBM Big Data Hub

JUNE 19, 2023

Companies can manufacture products closer to the consumer, reducing the risk of disruption caused by natural disasters and geopolitical instability. The European Union and China are investing trillions in their economies to rebuild local industries and create a less risk-prone supply chain.

Risk 85

Risk Manufacturing Reporting Modeling 85

IBM Big Data Hub

APRIL 9, 2024

” Watsonx.data lets organizations optimize workloads for different uses. Preparing and annotating data IBM watsonx.data helps organizations put their data to work, curating and preparing data for use in AI models and applications. “We also pull in video, which is where we add the commentary and embed it into the clips.”

Management 86

Management IT Machine Learning Metrics 86

CIO Business Intelligence

APRIL 16, 2024

While warp speed is a fictional concept, it’s an apt way to describe what generative AI (GenAI) and large language models (LLMs) are doing to exponentially accelerate Industry 4.0. By leveraging a GenAI-fueled edge with small language models (SLMs), this lengthy work will be streamlined and simplified.

Manufacturing 142

Manufacturing Digital Transformation Risk Dashboards 142

CIO Business Intelligence

DECEMBER 19, 2023

Their steady income stream and relatively low risk compared to equities make them an especially important component of pension and retirement planning. Each type of issuer presents a different level of risk and tax treatment. Hexaware conducted extensive fine-tuning to adapt the model to different industries and company types. “We

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

CIO Business Intelligence

FEBRUARY 14, 2024

That’s not just about the cost of preparing a larger data set than you need, which takes expertise that’s still uncommon and commands a high salary, but also what you’re teaching the model. But the usual laundry list of priorities for IT hasn’t gone away.

IT 143

IT Metadata Data-driven Management 143

Smart Data Collective

OCTOBER 13, 2021

It’s similar to prices – price optimization through machine learning is a great tool to grow your revenue. Figuring out the best pricing model can be tricky. By processing and analyzing big amounts of data, they can help you establish optimized pricing plans. Hire machine learning to make optimal pricing decisions.

Machine Learning 126

Machine Learning Optimization Software Modeling 126

CIO Business Intelligence

FEBRUARY 22, 2024

There’s no defined hierarchical structure, but the Hub is based on a transversal and collaborative model where groups are created, and employees from all areas work on specific projects along with external experts. One of the main strategic transversal areas is AI. With this in mind, the AI ​​CoE acts along two clear lines at a global level.

IT 105

IT Digital Transformation IoT Cost-Benefit 105

DataRobot

AUGUST 27, 2021

Individuals who will identify as at-risk students. A university can use AI to better manage student applications with a machine learning model that can predict whether a prospective student will apply. Florida International University is an example of a university that has already implemented AI to predict and help at-risk students.

Optimization 97

Optimization Cost-Benefit Machine Learning Risk 97

CIO Business Intelligence

AUGUST 23, 2023

Optimization problems, for which a whole chorus of variables must be fine-tuned and modulated, routinely plague financial firms, especially when it comes to highly engineered financial products such as those developed through quantitative analysis. If there’s an industry steeped in computations, it’s the financial services sector.

IT 92

IT Machine Learning Risk Optimization 92

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. But first, What is DirectX Anyway?

Visualization 133

Visualization Optimization Analytics Testing 133

Smart Data Collective

FEBRUARY 14, 2023

However, it is important to understand the benefits and risks associated with cloud computing before making the commitment. However, there are some risks associated with using cloud-based software for business purposes. Firstly, there is always the risk of data breaches due to cyber-attacks or human error.

Risk 100

Risk Cost-Benefit Software Technology 100

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 91

Testing Modeling Cost-Benefit Consulting 91

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. Worse, it said “adversaries are accelerating and widening their range of sophisticated attacks at scale through automation, cybercrime-as-a-service models, impersonations and adaptation.” The adversaries, at least for now, have the upper hand on many global organisations,” the report concluded.

IT 110

IT Measurement Risk Testing 110

IBM Big Data Hub

MAY 1, 2024

In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization. From demand forecasting to route optimization, inventory management and risk mitigation, the applications of generative AI are limitless.

Forecasting 85

Forecasting Optimization Digital Transformation Risk 85

IBM Big Data Hub

MAY 1, 2023

However, regardless of your cloud cost optimization strategy, achieving operational excellence at scale and taking advantage of the elasticity of the cloud requires software that optimizes your consumption simultaneously for performance and cost—and makes it easy for you to automate it, safely and confidently.

Optimization 87

Optimization ROI Consulting Dashboards 87

CIO Business Intelligence

FEBRUARY 1, 2023

As organizations of all stripes continue their migration to the cloud, they are coming face to face with sometimes perplexing cost issues, forcing them to think hard about how best to optimize workloads, what to migrate, and who exactly is responsible for what. You need to “identify benefits and risks,” Seiter said.

Optimization 111

Optimization Cost-Benefit Consulting Strategy 111

CIO Business Intelligence

APRIL 11, 2024

But with Amazon Web Services (31%), Microsoft Azure (24%), and Google Cloud Platform (11%) accounting for two thirds of the worldwide market, according to Synergy Research Group, Oracle Cloud Infrastructure (OCI) remains distantly behind the behemoths, leaving many to question whether Oracle’s cloud gains are enough to make it a contender.

Enterprise 124

Enterprise IT Data Processing Strategy 124

CIO Business Intelligence

DECEMBER 20, 2022

Deploying data and workloads in this model offers the potential for incredible value, including improved agility, functionality, cost savings, performance, cloud security, compliance, sustainability, disaster recovery—the list goes on. Challenge 1: Mindset The cloud isn’t as much a place to go as it is a way of operating.

Optimization 95

Optimization Cost-Benefit Modeling Risk 95

CIO Business Intelligence

OCTOBER 17, 2023

The frenzy created by the public release of OpenAI’s ChatGPT has triggered an arms race among hyperscalers to differentiate themselves by developing their own large language models (LLMs), building platforms that enable enterprises to create generative AI applications, and integrating generative AI throughout their portfolios of service offerings.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. While there are various interpretations or models to address such problems, Lean Thinking can contribute to the implementation of more optimal projects for a business. Data-driven decision-making has become a major element of modern business.

Data-driven 125

Data-driven Optimization Big Data Data Strategy 125

CIO Business Intelligence

APRIL 29, 2022

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. Organisations the world over are in the process of establishing where and how these advancements can add value and edge them closer to their goals.

Data Governance 145

Data Governance IT Risk Data Lake 145

CIO Business Intelligence

NOVEMBER 6, 2023

As you face challenges in this model, first consider how to protect the current business, then act to embrace emerging opportunities, with the end goal of creating an entirely new business: “Incubating new business models powered by emerging tech should be a strategic priority,” he says.

IT 139

IT Risk Technology Measurement 139

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. This will help you curb risks as well as reduce the likelihood of wasted efforts that can accompany dirty data. Right-size your model(s). Cleanse your data.

Data Lake 138

Data Lake Consulting Uncertainty Risk 138

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. Nevertheless, I also understand the criticality of evaluating the inherent risks before embarking on its direct adoption within our organizations.

Risk 58

Risk Modeling Enterprise Interactive 58

Smart Data Collective

SEPTEMBER 13, 2023

For instance, used Dell servers , which are refurbished, offer the same performance as Dell servers of the same make and model; however, they come for a fraction of the cost. They often come packaged with optimized software code that can make the software run more efficiently, sometimes even speeding up its operations.

IT 103

IT Cost-Benefit Data Processing Software 103

CIO Business Intelligence

APRIL 27, 2023

Relevant skills for a systems architect include risk management, performance optimization, security, leadership, and a strong knowledge of complex computer systems. And according to the latest 2023 Dice Tech Salary Report , you don’t need to reach for an executive career in IT to earn a six-figure salary. increase from 2021.

IT 116

IT Software Risk Management 116

O'Reilly on Data

APRIL 23, 2024

Why is it that Google, a company once known for its distinctive “Do no evil” guideline, is now facing the same charges of “surveillance capitalism” as Facebook, a company that never made such claims? Why is it now subject to the same kind of antitrust complaints faced by Microsoft, once the “evil empire” of the previous generation of computing?

Advertising 270

Advertising Cost-Benefit Marketing Risk 270

Cloudera

FEBRUARY 4, 2021

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform.

Risk 90

Risk Marketing Technology Management 90