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Gen AI without the risks

CIO Business Intelligence

Developing and deploying successful AI can be an expensive process with a high risk of failure. Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. The possibilities are endless, but so are the pitfalls.

Risk 128
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Optimizing IT resources through infrastructure, people, and processes

CIO Business Intelligence

When respondents were asked what modernization imperatives are causing them to lose sleep at night, the need to improve overall IT performance (60%) topped the list, followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%). Recently, Rocket Software surveyed 275 U.S.-based

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MRO spare parts optimization

IBM Big Data Hub

Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0 When assets lack criticality and priority assignments, there is a risk of accumulating unnecessary parts that might become obsolete on the shelves. Now, consider the just-in-case approach.

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Optimizing Risk and Exposure Management – Roundtable Highlights

Cloudera

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 96
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What is GRC? The rising importance of governance, risk, and compliance

CIO Business Intelligence

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 103
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How Amazon optimized its high-volume financial reconciliation process with Amazon EMR for higher scalability and performance

AWS Big Data

To optimize the reconciliation process, these users require high performance transformation with the ability to scale on demand, as well as the ability to process variable file sizes ranging from as low as a few MBs to more than 100 GB. Architecture before migration The following diagram illustrates our previous architecture.

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5 keys to optimizing ROI on your Cloud Center of Excellence

CIO Business Intelligence

Transforming culture: A cloud CoE must engage the security and risk groups within an organization to understand the hybrid landscape and ensure the identification and mitigation of risks. A cloud center of excellence (CoE) in an enterprise can make a big difference in the return on cloud investments.

ROI 87