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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

Big data technology used to be a luxury for small business owners. It helps companies operate more efficiently, tap larger markets of customers, and solve some of their most complex challenges. One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology.

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Regulatory uncertainty overshadows gen AI despite pace of adoption

CIO Business Intelligence

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. We’re getting bombarded with questions and inquiries from clients and potential clients about the risks of AI.” The risk is too high.” Not without warning signs, however.

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12 Cloud Computing Risks & Challenges Businesses Are Facing In These Days

datapine

It’s a hot topic, and as technologies continue to evolve at a rapid pace, the scope of the cloud continues to expand. In this article, we have gathered the 12 most prominent challenges of cloud computing that will deliver fresh perspectives related to the market. The next part of our cloud computing risks list involves costs.

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IRM 2021: The Year of Uncertainty and Change

John Wheeler

Regulations were set aside and associated technological and business risks were given low priority to help with the larger effort to “slow the spread” of the virus. No doubt, 2021 will be the year of uncertainty and change. A focus on performance and assurance helps to reduce uncertainty related to strategic goals.

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What your CFO really needs in periods of economic uncertainty

CIO Business Intelligence

The pressure is on to navigate economic uncertainty. To get here, we recommend inventorying spend across all categories (labor, projects, technology, etc.) Solicit input from trusted deputies and document the risks and implications of specific line items. Discuss the risky ones. Explain the tradeoffs.

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Big Data: The Technology Behind Retailers Success

Smart Data Collective

Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Data-based insights can help make the right decisions, keep up with market trends and navigate the uncertainty. Top technologies helping organisations accomplish business goals.

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How Private Equity Firms Can Manage Uncertainty With Scenario Modeling

Jedox

Assets with strong fundamentals and low valuations create openings to new markets. In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. In the face of uncertainty, investor relations are paramount. Pinpoint opportunities.