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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

It helps companies operate more efficiently, tap larger markets of customers, and solve some of their most complex challenges. As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. Big data technology used to be a luxury for small business owners.

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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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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. Solicit input from trusted deputies and document the risks and implications of specific line items. Build multiple budget scenarios with increasing levels of cost reduction to illustrate the plays you could run in response to various market conditions. Discuss the risky ones.

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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. .

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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.

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Microsoft and Cognizant team up to boost enterprise Copilot adoption

CIO Business Intelligence

AI concerns remain While the collaboration between Microsoft and Cognizant might help CIOs better integrate generative AI into their enterprise strategies, its use still carries uncertainties, Marr said. Ensuring human oversight and rigorous quality checks can mitigate the risks associated with AI errors.”