CIO Business Intelligence

JUNE 9, 2023

Such is the case with a data management strategy. For example, smart hospitals employ effective data management strategies. Increased revenue: By using data to identify new opportunities, improve customer engagement and optimize pricing strategies, businesses can increase their revenue and profitability.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

CIO Business Intelligence

NOVEMBER 22, 2022

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Here’s a quick rundown of seven major trends that will likely reshape your organization’s current data strategy in the days and months ahead.

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

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. Risk and limitations of AI The risk associated with the adoption of AI in insurance can be separated broadly into two categories—technological and usage.

Insurance 74

Insurance Risk Testing Data Quality 74

IBM Big Data Hub

AUGUST 3, 2023

This means companies especially need their software applications to perform optimally because they are often a source of competitive advantage. Organizations cannot risk unnecessary unplanned downtime or increased latencies because an application failed or underperformed. What is application health monitoring?

Measurement 68

Measurement Metrics Risk Software 68

Smart Data Collective

DECEMBER 26, 2022

Let’s get started with a comprehensive cybersecurity strategy for your small business. The first step of a well-planned cybersecurity strategy is identifying the avenues of attack in your system. Before prioritizing your threats, risks, and remedies, determine the rules and regulations that your company is obliged to follow.

Strategy 132

Strategy Testing Risk Software 132

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 82

Risk Modeling Risk Management Measurement 82

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

Smart Data Collective

FEBRUARY 9, 2022

Luckily, there are a few analytics optimization strategies you can use to make life easy on your end. Exit based on strategies: Such plans can assist you in limiting losses as they inform the system when to stop trading. Helps you to determine areas of abnormal losses and profits to optimize your trading algorithm.

Visualization 133

Visualization Optimization Analytics Testing 133

Smart Data Collective

JULY 9, 2023

One benefit is that they can help with conversion rate optimization. This article is going to provide some great insights on developing strategies for unlocking additional value from an online business, which can do a lot to boost revenue and catapult the enterprise to new heights.

Optimization 74

Optimization Data Analytics Analytics Data-driven 74

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. For this reason, it’s highly important to implement the correct strategies to minimize any potential breaches. By encouraging staff to make a report if they suspect a leak or have information relating to the potential misuse of data, can also reduce the risk of leaks occurring.

Risk 122

Risk Management Measurement Optimization 122

datapine

OCTOBER 11, 2023

Every day, more and more businesses realize the value of analyzing their own performance to boost strategies and achieve their goals. 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.

Metrics 217

Metrics KPI Management Cost-Benefit 217

Alation

OCTOBER 5, 2021

What is data governance and how do you measure success? Answers will differ widely depending upon a business’ industry and strategy for growth. The first step towards a successful data governance strategy is setting appropriate goals and milestones. Why is your data governance strategy failing?

Data Governance 96

Data Governance Strategy Data Quality Metrics 96

IBM Big Data Hub

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. We’ll go deeper into EAMs, the technologies underpinning them and their implications for asset lifecycle management strategy in another section. What is an asset? First, let’s talk about what an asset is and why they are so important.

Strategy 78

Strategy Management Cost-Benefit IoT 78

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 94

Strategy Data Architecture Cost-Benefit Reporting 94

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

Anmut

MARCH 22, 2023

A data maturity model helps your company measure its data and business health. This stage is typical for organisations that are just starting to develop their data strategy. Stage 2: Risk While there is a general awareness of the benefits of data governance , roles are poorly understood. Why do we need data maturity models?

Measurement 52

Measurement Modeling Data Quality Data Governance 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

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

Smart Data Collective

NOVEMBER 12, 2021

To address newer challenges, security providers have developed new technologies and strategies to combat evolving threats. To get acquainted with the ways security firms are handling the new breed of threats in cyberspace, here’s a rundown of the notable strategies the leading cybersecurity platforms and security firms are offering.

Strategy 133

Strategy Enterprise Testing Cost-Benefit 133

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

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

AUGUST 7, 2023

Tackling complexities in clinical trial site selection: A playground for a new technology and AI operating model Enrollment strategists and site performance analysts are responsible for constructing and prioritizing robust end-to-end enrollment strategies tailored to specific trials. To do so they require data, which is in no shortage.

Optimization 60

Optimization Forecasting Data-driven Strategy 60

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

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

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

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 114

Business Intelligence Big Data Internet of Things Optimization 114

Smart Data Collective

JULY 11, 2022

As digital business strategies continue to evolve, the Chief Marketing Officer (CMO) must adapt their skills and knowledge to not only keep up, but get ahead. This is going to entail learning more about the benefits of data analytics and how they can be integrated into their overall marketing strategy. Social Media Marketing.

Data Analytics 133

Data Analytics Analytics Advertising Big Data 133

Cloudera

MARCH 25, 2021

Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. With a strategy and enterprise wide approach to governance in place, compliance becomes a side benefit of becoming a more data-driven organization. .

Data Strategy 66

Data Strategy Strategy Enterprise Insurance 66

IBM Big Data Hub

DECEMBER 13, 2023

This claim is often used to encourage asset-intensive industries to evolve their maintenance strategies, invest in instrument equipment and leverage analytics to adopt predictive maintenance approaches. Imagine you could also capture the “why” and create strategies to predict and prevent the root causes of failure.

Cost-Benefit 69

Cost-Benefit Optimization Strategy Risk 69

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

FineReport

APRIL 9, 2024

Optimized Operational Efficiency: These tools streamline processes and resource allocation, leading to cost savings and improved resource utilization. The implementation of robust healthcare data management strategies is imperative to mitigate the risks associated with data breaches and non-compliance.

Digital Transformation 52

Digital Transformation Business Intelligence Data-driven Visualization 52

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

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

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

datapine

OCTOBER 7, 2020

What gets measured gets done.” – Peter Drucker. By setting operational performance measures, you will know what is happening at every stage of your business. Since every business is different, it is essential to establish specific metrics and KPIs to measure, follow, calculate, and evaluate. Who will measure it?

KPI 269

KPI Metrics Sales Visualization 269

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