CIO Business Intelligence

JANUARY 3, 2024

According to an O’Reilly survey released late last month, 23% of companies are using one of OpenAI’s models. Other respondents said they aren’t using any generative AI models, are building their own, or are using an open-source alternative. And it’s not just start-ups that can expose an enterprise to AI-related third-party risk.

Risk 114

Risk Modeling Enterprise Marketing 114

Jet Global

NOVEMBER 19, 2020

2020 brought with it a series of events that have increased volatility and risk for most businesses. Clear visibility of what’s happening in the organization requires reliable tools and sound processes for reporting events and conditions in real time. Credit Risk. An area of particular concern is credit risk concentration.

Risk 98

Risk Reporting Enterprise Sales 98

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.

Risk 113

Risk Strategy Cost-Benefit Risk Management 113

IBM Big Data Hub

MARCH 27, 2024

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? To best prepare, organizations need to develop a climate risk strategy.

Risk 62

Risk Forecasting Insurance Strategy 62

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? They need to understand;

Risk 80

Risk Modeling Risk Management Measurement 80

CIO Business Intelligence

FEBRUARY 20, 2024

While cloud risk analysis should be no different than any other third-party risk analysis, many enterprises treat the cloud more gently, taking a less thorough approach. Interrelations between these various partners further complicate the risk equation. That’s where the contract comes into play.

Risk 108

Risk Enterprise Strategy Snapshot 108

datapine

MAY 31, 2022

More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. This increases the risks that can arise during the implementation or management process. The next part of our cloud computing risks list involves costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

AUGUST 25, 2022

Presently, digital is playing an increasingly important role in the battle between nations to achieve supremacy in areas such as economics, military and society and this opens up new challenges and opportunities for CIOs, the report said. Data sovereignty will be a key focus area for CIOs. Geopolitics could impact vendor selection.

Risk 145

Risk Enterprise Reporting Technology 145

Cloudera

JUNE 29, 2023

To ensure the stability of the US financial system, the implementation of advanced liquidity risk models and stress testing using (MI/AI) could potentially serve as a protective measure. To improve the way they model and manage risk, institutions must modernize their data management and data governance practices.

Data Architecture 84

Data Architecture Risk Management Risk Management 84

O'Reilly on Data

NOVEMBER 13, 2018

Considerations for a world where ML models are becoming mission critical. As the data community begins to deploy more machine learning (ML) models, I wanted to review some important considerations. Before I continue, it’s important to emphasize that machine learning is much more than building models. Model lifecycle management.

Machine Learning 217

Machine Learning Risk Management Statistics 217

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.

Risk 90

Risk Risk Management Strategy Enterprise 90

DataRobot Blog

JULY 22, 2022

Using AI-based models increases your organization’s revenue, improves operational efficiency, and enhances client relationships. You need to know where your deployed models are, what they do, the data they use, the results they produce, and who relies upon their results. That requires a good model governance framework.

Modeling 105

Modeling Risk Management Testing Risk 105

O'Reilly on Data

OCTOBER 30, 2023

While I am heartened to hear that the Executive Order on AI uses the Defense Production Act to compel disclosure of various data from the development of large AI models, these disclosures do not go far enough. These include: What data sources the model is trained on. Operational Metrics.

Measurement 293

Measurement Risk Modeling Metrics 293

CIO Business Intelligence

OCTOBER 24, 2023

In light of this, developer teams are beginning to turn to AI-enabled tools like large language models (LLMs) to simplify and automate tasks. However, cloud-native application development can pose significant security risks as developers are often dealing with exponentially more cloud assets across multiple execution environments.

Modeling 105

Modeling Risk Reporting Machine Learning 105

IBM Big Data Hub

JUNE 19, 2023

However, a 2022 report by the World Bank estimated that the global economy could lose up to USD 1.2 The report also found that disruptions to the global supply chain are likely to have a significant impact on developing countries, as these countries are more reliant on imported goods and services.

Risk 78

Risk Manufacturing Reporting Modeling 78

DataKitchen

JUNE 1, 2022

Is the data in the report I am looking at “fresh”? T ools/Models/Dashboards. Is my model still accurate? How many models and dashboards were deployed? How do other organizations solve this risk problem? The biggest risk of all is space flight. How do SpaceX and NASA manage risk?

Risk 130

Risk Management Testing Dashboards 130

CIO Business Intelligence

MARCH 25, 2024

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

Modeling 111

Modeling Cost-Benefit IT ROI 111

CIO Business Intelligence

JULY 19, 2022

Phishing/pharming, card testing, identity theft, and first-party misuse remain the most prevalent fraud attacks, each affecting more than three in 10 merchants globally, according to 2022 Global Fraud Report , by the Merchants Risk Council, Cybersource, and Verifi. 5] Visa, Just one second: What happens when we pay?

Risk 83

Risk Machine Learning Reporting Modeling 83

Domino Data Lab

AUGUST 6, 2021

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.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

O'Reilly on Data

NOVEMBER 28, 2023

And everyone has opinions about how these language models and art generation programs are going to change the nature of work, usher in the singularity, or perhaps even doom the human race. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI.

Enterprise 267

Enterprise Modeling Testing Reporting 267

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 85

Testing Modeling Cost-Benefit Consulting 85

O'Reilly on Data

MAY 11, 2020

Not all models are created equal, however: they operate on different principles, and impact us as individuals and communities in different ways. To understand the menagerie of models that are fundamentally altering our individual and shared realities, we need to build a typology, a classification of their effects and impacts.

Modeling 188

Modeling Advertising Recreation/Entertainment Metrics 188

IBM Big Data Hub

SEPTEMBER 7, 2023

Today we are announcing our latest addition: a new family of IBM-built foundation models which will be available in watsonx.ai , our studio for generative AI, foundation models and machine learning. Collectively named “Granite,” these multi-size foundation models apply generative AI to both language and code.

Modeling 103

Modeling Risk Unstructured Data Enterprise 103

CIO Business Intelligence

JULY 5, 2023

Addressing semiconductor supply chain risks Even before the most recent supply chain challenges, political leaders around the world have been taking a close look at the current semiconductor supply chain model. Some of that risk is being addressed at national and regional levels, such as the U.S. CHIPS Act and the EU Chips Act.

Risk 69

Risk Manufacturing Cost-Benefit Data Processing 69

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. Hexaware conducted extensive fine-tuning to adapt the model to different industries and company types. “We

Risk 52

Risk Cost-Benefit Unstructured Data Data-driven 52

CIO Business Intelligence

JULY 18, 2023

Those CIOs are also bullish on the effect of AI on the workforce, according to the report, viewing the technology as a way to help workers do their jobs, rather than a threat to the existence of those jobs. I don’t think there’s anyone whose job is just the super-simple stuff that can be done by a language model.”

Reporting 84

Reporting Manufacturing Risk Business Intelligence 84

O'Reilly on Data

DECEMBER 12, 2019

Not least is the broadening realization that ML models can fail. And that’s why model debugging, the art and science of understanding and fixing problems in ML models, is so critical to the future of ML. Because all ML models make mistakes, everyone who cares about ML should also care about model debugging. [1]

Machine Learning 187

Machine Learning Modeling Testing Risk Management 187

Jet Global

APRIL 8, 2024

This fragmented visibility leads to inconsistencies in reporting, hindering your team’s ability to track trends, analyze variances, and identify areas for improvement. Reconciliation efforts at closing periods become a laborious task, potentially leading to missed deadlines and delayed financial reporting.

Reporting 52

Reporting Management Finance Forecasting 52

Smart Data Collective

FEBRUARY 3, 2022

Therefore, the subscription business model is changing how customers pay for the service they receive. Hover, the subscription model can be quite challenging for businesses. If they wish to implement this model, they need to have an information collection system to keep track of billing and customer requests.

Optimization 109

Optimization Data Analytics Modeling Analytics 109

O'Reilly on Data

JANUARY 25, 2024

O’Reilly’s Generative AI in the Enterprise survey reported that people have trouble coming up with appropriate enterprise use cases for AI. Timestamps 0:00: Introductions 0:49 : O’Reilly’s Generative AI in the Enterprise survey reported that people have trouble coming up with appropriate enterprise use cases for AI.

Machine Learning 201

Machine Learning Enterprise Reporting Risk 201

Alation

JANUARY 9, 2023

Alation joined with Ortecha , a data management consultancy, to publish a white paper providing insights and guidance to stakeholders and decision-makers charged with implementing or modernising data risk management functions. The Increasing Focus On Data Risk Management. Download the complete white paper now.

Risk Management 52

Risk Management Risk Management Metadata 52

CIO Business Intelligence

NOVEMBER 16, 2023

A large language model (LLM) is a type of gen AI that focuses on text and code instead of images or audio, although some have begun to integrate different modalities. But there’s a problem with it — you can never be sure if the information you upload won’t be used to train the next generation of the model. Dig Security isn’t alone.

Modeling 126

Modeling Enterprise Marketing Sales 126

IBM Big Data Hub

MAY 18, 2023

This report outlines the combination of traditional decision automation tools with machine learning models and other technologies. As Forrester notes in the report, many organizations are eager to harness the power of AI but also must be cautious of risks.

Reporting 89

Reporting Scorecard Predictive Modeling Machine Learning 89

O'Reilly on Data

JUNE 15, 2023

The world changed on November 30, 2022 as surely as it did on August 12, 1908 when the first Model T left the Ford assembly line. Should we risk loss of control of our civilization?” If every company had a different way of reporting its finances, it would be impossible to regulate them. This is unacceptable.

Metrics 280

Metrics Reporting Measurement Finance 280

CIO Business Intelligence

NOVEMBER 15, 2023

One vehicle might be an annual report, one similar to those that have been published for years by public companies—10ks and 10qs and all those other filings by which stakeholders judge a company’s performance, posture, and potential. Such a report has a legacy already, if only a short one. Good question. Let’s start with Performance.

Publishing 112

Publishing Reporting IT Finance 112

CIO Business Intelligence

APRIL 11, 2023

Over the next five years, the healthcare industry is expected to go through dramatic changes as service providers expand value-based care models and equipment manufacturers strive to keep pace in a digital-first world. Does this create any pressures on you and your IT organization to complete projects more quickly and with less risk involved?

Modeling 97

Modeling IT Strategy Uncertainty 97

CIO Business Intelligence

FEBRUARY 2, 2024

A PwC report, for instance, found that 84% of CIOs expect to use genAI to support a new business model in 2024. We work with a lot of chief data and artificial intelligence officers (CAIOs),” said Thomas Robinson, COO at Domino, “and, at most, they see generative AI accounting for 15% of use cases and models.

Testing 142

Testing Risk Forecasting Data-driven 142