Smart Data Collective

MAY 4, 2023

Unfortunately, as the world becomes more and more digital, cybersecurity risks are growing at a rapid pace. As a small business owner, this means that you and your business could be at risk of being attacked this very second. Thankfully, becoming aware of the risks out there can help you safeguard your business and mitigate your risks.

Risk 104

Risk Strategy Measurement Software 104

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. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 70

Strategy Cost-Benefit Key Performance Indicator Consulting 70

CIO Business Intelligence

DECEMBER 28, 2023

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. What is GRC?

Risk 105

Risk Risk Management Strategy Enterprise 105

Smart Data Collective

MAY 7, 2023

million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks. What is cyber risk?

Digital Transformation 103

Digital Transformation Risk Strategy Testing 103

IBM Big Data Hub

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.

Strategy 80

Strategy Cost-Benefit Testing Manufacturing 80

IBM Big Data Hub

SEPTEMBER 13, 2023

The role of attack surface management in data breach containment Despite employing an arsenal of cybersecurity measures to protect sensitive data, many organizations find themselves in a relentless race against time, as they strive to bridge the gap between the moment a data breach occurs and when it is effectively contained.

Risk 101

Risk Management Strategy Measurement 101

CIO Business Intelligence

NOVEMBER 14, 2023

Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. There are other risks, too. Why are we really going to cloud?

Strategy 144

Strategy Cost-Benefit IT Key Performance Indicator 144

IBM Big Data Hub

JUNE 12, 2023

As public cloud technology and hybrid multicloud architectures are being adopted in financial institutions at an increasing rate, we’re observing that their counterparts in the public sector— central banks—are a long way behind, due at least in part to a profoundly risk-averse approach.

Strategy 92

Strategy Cost-Benefit Digital Transformation Uncertainty 92

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

Risk Management 83

Risk Management Risk Management Metrics 83

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

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 113

Strategy Management Key Performance Indicator ROI 113

CIO Business Intelligence

DECEMBER 13, 2022

Recently, chief information officers, chief data officers, and other leaders got together to discuss how data analytics programs can help organizations achieve transformation, as well as how to measure that value contribution. business, IT, data management, security, risk and compliance etc.)

Data Analytics 102

Data Analytics Strategy Analytics Metrics 102

CIO Business Intelligence

AUGUST 22, 2023

This article explores effective strategies that empower organizations to safeguard their systems and valuable data. Strategy 1: Implement strong authentication and authorization mechanisms Enforcing robust authentication and authorization mechanisms is a fundamental step in preventing API abuse.

Strategy 95

Strategy Measurement Testing Software 95

Smart Data Collective

SEPTEMBER 7, 2021

If the record has served its purpose in your office, keeping it around might be an unnecessary security risk. One specific measure you can take today is to ensure that every document you send out is completely covered when you put it inside an envelope and that your envelopes are opaque when held up to the light.

Strategy 121

Strategy Risk Measurement IT 121

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 71

Insurance Risk Testing Data Quality 71

IBM Big Data Hub

AUGUST 3, 2023

Organizations cannot risk unnecessary unplanned downtime or increased latencies because an application failed or underperformed. Software downtime is a huge organizational risk because it decreases customer satisfaction and potentially violates a service-level agreement with end users.

Measurement 65

Measurement Metrics Risk Software 65

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 130

Strategy Testing Risk Software 130

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 80

Risk Modeling Risk Management Measurement 80

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 121

Risk Management Measurement Optimization 121

CIO Business Intelligence

JULY 11, 2022

Smart use of modern network security solutions and practices give CISOs their best chance fight against threats and mitigate risk. . Where current network security measures are falling short. The importance of observability, security intelligence, AI, and ML in a network security strategy.

Risk 89

Risk Technology Measurement Software 89

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

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

Smart Data Collective

OCTOBER 28, 2020

With a mountain of existing data privacy regulations and more on the way, it’s more critical than ever to implement strict cybersecurity strategies. If you process data of any kind – even if you only collect email addresses – you need strong cybersecurity measures. Data breaches lead to fraud and huge fines.

Measurement 100

Measurement Strategy Risk Marketing 100

DataRobot Blog

JUNE 27, 2022

If the assumptions are being breached due to fundamental changes in the process being modeled, the deployed system is not likely to serve its intended purpose, thereby creating further model risk that the institution must manage. These observations would have spanned a distribution, which the model leveraged to make its forecasts.

Risk 59

Risk Modeling Metrics Measurement 59

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 91

Strategy Data Architecture Cost-Benefit Reporting 91

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 89

Management Internet of Things Risk IoT 89

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

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 74

Strategy Management Cost-Benefit IoT 74

CIO Business Intelligence

NOVEMBER 6, 2023

This makes it more critical than ever to adopt strong security measures to protect sensitive information and infrastructure. Organizations must adopt proactive security strategies to maintain a secure on-premise environment while moving to the cloud.

Risk 130

Risk Measurement Cost-Benefit Strategy 130

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 130

Strategy Enterprise Testing Cost-Benefit 130

Cloudera

DECEMBER 15, 2021

Organizations were evaluated based on their current use of data and analytics, parties championing the use of data and the extent to which data is used across processes, the presence of enterprise data strategies, and the extent to which capabilities relating to an Enterprise Data Cloud have been achieved. .

Data Strategy 81

Data Strategy Strategy Snapshot Data-driven 81

IBM Big Data Hub

AUGUST 1, 2023

Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation. ” What is risk-based application patching? Modern unified endpoint management (UEM) solutions include laptop management.

Risk 57

Risk Management Machine Learning IoT 57

DataRobot Blog

MAY 26, 2022

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. In the model-fitting procedure, the modeler is then able to measure the impact of each factor against the outcome.

Risk 52

Risk Modeling Metrics Business Objectives 52

CIO Business Intelligence

APRIL 25, 2024

Prepare now, thank yourself later While these mergers and acquisitions can be a positive catalyst for progress, the urge to rapidly close deals and return to business operations can outweigh ensuring proper security measures are in place – and so companies aren’t adopting one another’s poor security posture or hygiene. Cloud Management

Measurement 78

Measurement Risk Data Processing Marketing 78

CIO Business Intelligence

MARCH 3, 2024

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. Fortunately, there are tools available to deal with the specific security challenges presented by printers.

IT 107

IT Measurement Risk Testing 107

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

CIO Business Intelligence

NOVEMBER 14, 2023

In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks. 6 IoT vulnerabilities to watch out for Security risks are a significant concern for businesses using LoT and OT technology.

IoT 128

IoT Enterprise Manufacturing Measurement 128