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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.

Risk 115
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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

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In the corner office, fear of GenAI risk outweighs the lure of its promise

CIO Business Intelligence

The reality is, both people and software are imperfect. The risk of material business incidents is increasing. Beneath the bluster of all things AI, leaders are centering on the conundrum of accelerating innovation while designing risk management frameworks for threats we cannot entirely predict but must anticipate.

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Best BI Tools Examples for 2024: Business Intelligence Software

FineReport

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

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Managing risk in machine learning

O'Reilly on Data

The main bottleneck here is speed: many researchers are actively investigating hardware and software tools that can speed up model inference (and perhaps even model building) on encrypted data. Classification parity means that one or more of the standard performance measures (e.g., What machine learning means for software development”.

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How to use foundation models and trusted governance to manage AI workflow risk

IBM Big Data Hub

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.

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What keeps IT leaders up at night?

CIO Business Intelligence

To gain a better understanding of what IT leaders are focused on when it comes to modernization Rocket Software conducted a survey of 275 U.S.-based It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience. Ranked lower on the list are fewer workflows and labor productivity.

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