IBM Big Data Hub

APRIL 19, 2024

Asset performance management (APM) processes, such as risk-based and predictive maintenance and asset investment planning (AIP), enable health monitoring technologies. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets. Risk-based asset strategies align maintenance efforts to balance costs and risks.

Management 94

Management Internet of Things Risk IoT 94

CIO Business Intelligence

AUGUST 16, 2023

But now, routes are optimized according to the filling levels in the vessels, which are owned by the Swedish Transport Administration, yet Svevia is responsible for emptying them through a number of subcontractors around the country. “We Since the route optimization came into place, fewer emptyings are required, he notes.

Risk 98

Risk Cost-Benefit Digital Transformation Internet of Things 98

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? Generate Scenarios.

Risk 78

Risk Modeling Risk Management Measurement 78

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. That should give bond-holders an extra measure of confidence in automation.

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. From conversing on personal devices (BYODs) to sending documents to the wrong recipient, or using unsecured applications for transfers, the risk for potential leaks is high. Around 66% of all data leaks are caused by employees making mistakes with digital records.

Risk 122

Risk Management Measurement Optimization 122

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 99

Risk Cost-Benefit Software Technology 99

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.

Visualization 133

Visualization Optimization Analytics Testing 133

IBM Big Data Hub

JULY 10, 2023

Vibration analysis—a component of condition monitoring systems—utilizes vibration sensors to measure frequencies in an asset and detect abnormalities that may indicate a problem. Frequency measures the number of oscillations per unit of time, usually expressed in Hertz (Hz). Accelerometers (e.g., Accelerometers (e.g.,

Optimization 60

Optimization IT Measurement Cost-Benefit 60

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. Collecting Relevant Data for Conversion Rate Optimization Here is some vital data that e-commerce businesses need to collect to improve their conversion rates. One report found that global e-commerce brands spent over $16.7 billion on analytics last year.

Optimization 73

Optimization Data Analytics Analytics Data-driven 73

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 77

Risk Modeling Management Metadata 77

Anmut

MARCH 22, 2023

A data maturity model helps your company measure its data and business health. Stage 2: Risk While there is a general awareness of the benefits of data governance , roles are poorly understood. Monitoring data performance Once you’re able to measure and invest in your data, you need to monitor it.

Measurement 52

Measurement Modeling Data Quality Data Governance 52

Rita Sallam

JUNE 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. The results showing the impact of flooding, predictions for the future and reasons for optimism were fascinating.

Optimization 52

Optimization Insurance Machine Learning Risk 52

CIO Business Intelligence

MARCH 3, 2024

Its conclusions were less than optimal. One component of corporate IT that has long been ‘in range’ for cyber criminals that is often overlooked when protection measures are being put in place are multifunction printers – widely used in almost every organisation.

IT 111

IT Measurement Risk Testing 111

IBM Big Data Hub

DECEMBER 14, 2023

To combat these ever-growing risks, the concept of cyber resiliency has gained significant importance. Cyber resiliency goes beyond mere cybersecurity measures. Their expertise in developing secure systems ensures that proactive defense measures are in place.

Risk 86

Risk Measurement Business Objectives Optimization 86

Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Tips for Improving Risk Management When Handling Big Data. Risk management is a crucial element of any successful organization.

Risk Management 71

Risk Management Risk Management Big Data 71

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

Laminar Security

DECEMBER 22, 2023

By using DSPM tools to pinpoint and remove ROT data, businesses can both reduce their storage needs and also streamline their operations while minimizing the risk of data breaches. Redundant, obsolete, or trivial (ROT) data compounds the issue, with outdated and unnecessary data leading to wasted resources and increased risk.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

O'Reilly on Data

JUNE 15, 2023

Should we risk loss of control of our civilization?” If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved. Should we automate away all the jobs, including the fulfilling ones?

Metrics 284

Metrics Reporting Measurement Finance 284

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

Rita Sallam

APRIL 2, 2023

Are there mitigation strategies that show reasons for optimism? For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. The results showing the impact of flooding, predictions for the future and reasons for optimism were fascinating.

Optimization 52

Optimization Machine Learning Insurance Risk 52

Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management.

ROI 71

ROI Data Analytics Analytics Risk Management 71

IBM Big Data Hub

AUGUST 7, 2023

In an ideal scenario, they would be able to, with relative and consistent accuracy, predict performance of clinical trial sites that are at risk of not meeting their recruitment expectations. A mitigation plan facilitates trial continuity by providing contingency measures and alternative strategies.

Optimization 60

Optimization Forecasting Data-driven Strategy 60

datapine

OCTOBER 11, 2023

A Warehouse KPI is a measurement that helps warehousing managers to track the performance of their inventory management, order fulfillment, picking and packing, transportation, and overall operations. It allows for informed decision-making and efficient risk mitigation. Let’s dive in with the definition. What Is A Warehouse KPI?

Metrics 217

Metrics KPI Management Cost-Benefit 217

IBM Big Data Hub

JANUARY 15, 2024

How do organizations avoid the digital risks of ‘technology misuse’ and achieve efficient innovation that ‘technology promotes production’? The office sought a practical solution for process optimization and automation to address the aforementioned issues.

Digital Transformation 75

Digital Transformation Insurance Optimization ROI 75

FineReport

SEPTEMBER 5, 2021

Production dashboard helps companies track and optimize production quality by monitoring important production KPIs in a central access point, and effectively manage related manufacturing costs. make data be productivity and optimize your production. Manufacturing command room dashboard helps measure production ability.

Manufacturing 52

Manufacturing Dashboards Optimization KPI 52

Smart Data Collective

APRIL 18, 2019

Measuring KPIs allows for improved goal setting by providing quantifiable evidence of the company’s performance. Tracking the most critical performance measures allows businesses to reduce those costs, while simultaneously increasing efficiency and customer satisfaction. KPIs help them identify areas where improvement is needed.

KPI 74

KPI Optimization Data Analytics Analytics 74

IBM Big Data Hub

MARCH 25, 2024

Get the study: The Revolutionary Content Supply Chain A content supply chain brings together people, processes, and technology to effectively plan, create, produce, launch, measure, and manage content. Beyond ethics risks, the study points out, there are also cost risks to consider.

Uncertainty 106

Uncertainty Cost-Benefit Risk Measurement 106

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Respond to threats quickly.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

AUGUST 18, 2023

For example, instead of negotiating who will bear the risk of inflation, the parties embrace the fact that inflation is a reality of business and collaborate to identify and invest in operational efficiencies to mitigate the risk of inflation. First, the model must balance risk and reward for both parties.

Measurement 98

Measurement Modeling Risk Management 98

O'Reilly on Data

APRIL 23, 2024

Instead of continuing to deploy their attention optimization algorithms for their users’ and suppliers’ benefit, the tech giants began to use them to favor themselves. The most-clicked sponsored products were 17% more expensive and 33% lower ranked according to Amazon’s own quality, price, and popularity optimizing algorithms.

Advertising 268

Advertising Cost-Benefit Marketing Risk 268

Cloudera

FEBRUARY 1, 2024

The other half of the equation requires your team’s emphasis to shift to sustained excellence in managing and optimizing your data ecosystem — better known as Day 2 operations. At Cloudera, our commitment to excellence extends beyond your deployment on Day 0 and Day 1, and into the critical phase of system maintenance and optimization.

Optimization 81

Optimization Measurement Testing Publishing 81

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Strategy 73

Strategy Cost-Benefit Key Performance Indicator Consulting 73

bridgei2i

APRIL 23, 2020

The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red.

Risk 52

Risk Management Scorecard Forecasting 52

Smart Data Collective

MARCH 6, 2022

Are you looking to use business intelligence to optimize business and security operations? Read on for an explanation and analysis of how business intelligence can leverage data to guide optimizing business and security operations. How BI Can Help To Optimize Business And Security Operations By Leveraging Building Data.

Business Intelligence 113

Business Intelligence Big Data Internet of Things Optimization 113

IBM Big Data Hub

MARCH 15, 2024

When a client is not able to properly visualize all applications and their underlying dependencies properly, they risk experiencing diminished reliability. Produce cloud modernization paths that are optimized for time, cost and business benefits.

Consulting 100

Consulting Cost-Benefit Risk Measurement 100

CIO Business Intelligence

SEPTEMBER 26, 2023

But because electricity consumption was easy to gauge, there was no urgency for measuring current and low voltage power flows. But the measuring solution was complex and required frequent manual adaptions as solar PV systems increased. Without real-time power measurements, estimated power values were being used.

Machine Learning 105

Machine Learning Forecasting Measurement Data Warehouse 105

IBM Big Data Hub

APRIL 24, 2024

While researchers have not yet found a way to completely prevent prompt injections, there are ways of mitigating the risk. However, organizations can significantly mitigate the risk of prompt injection attacks by validating inputs, closely monitoring LLM activity, keeping human users in the loop, and more.

Risk 66

Risk Modeling Measurement Enterprise 66