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 118

Modeling Cost-Benefit IT ROI 118

FineReport

APRIL 9, 2024

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.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

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

CIO Business Intelligence

MAY 15, 2024

It seems anyone can make an AI model these days. Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name. According to Stanford’s AI Index Report, released in April, 149 foundation models were released in 2023, two-thirds of them open source.

Modeling 133

Modeling Risk Software Enterprise 133

O'Reilly on Data

MAY 18, 2020

To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. Before we get into the details of AI incident response, it’s worth raising these baseline questions: What makes AI different from traditional software systems? All predictive models are wrong at times?—just

Risk 359

Risk Modeling Data Processing Software 359

Smart Data Collective

NOVEMBER 3, 2021

New software uses AI to manage bank loans. AI Makes Bank Lending Software Far More Reliable. In this article, we decided to cover the tendencies in banking loan software in 2022 and give a brief market outlook of AI-driven lending software as a whole. Digital banking market. Integrated lending module.

Software 120

Software Data-driven Interactive Insurance 120

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

Smart Data Collective

MARCH 27, 2023

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Forbes author Rob Shevlin reports that chatbots will actually make bank branches obsolete.

Software 87

Software Finance Cost-Benefit Data-driven 87

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 93

Reporting Scorecard Predictive Modeling Machine Learning 93

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 191

Machine Learning Modeling Testing Risk Management 191

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 131

Modeling Enterprise Marketing Sales 131

CIO Business Intelligence

MARCH 1, 2024

AI hype and adoption are seemingly at an all-time high with nearly 70% of respondents to a recent S&P report on Global AI Trends saying they have at least one AI project in production. Securing the AI model itself means identifying model risks, over-permissive access, and data flow violations throughout the AI pipeline.

Risk 115

Risk Reporting Modeling Software 115

IBM Big Data Hub

FEBRUARY 2, 2022

In the latest IDC market share report, IBM was ranked #1 in AI Life-Cycle Software , with the largest 2020 market share at 13.7% In the latest IDC market share report, IBM was ranked #1 in AI Life-Cycle Software , with the largest 2020 market share at 13.7% and +46.6% y/y based on the most recent data available. [1]

Software 52

Software Marketing Reporting Digital Transformation 52

CIO Business Intelligence

JUNE 6, 2023

While there is endless talk about the benefits of using ChatGPT, there is not as much focus on the significant security risks surrounding it for organisations. While the physician is not being accused of a HIPAA violation, it raises concerns about the safety of privacy-protected data is when it is input into a language model.

Risk 83

Risk Insurance Software Modeling 83

CIO Business Intelligence

APRIL 17, 2024

Organizations with subscription-based business models have not only survived the recent global economic challenges but have also outperformed their traditional, product-based counterparts, according to The Subscription Economy Index (SEI) report for 2023 by Zuora. against the latter’s 4.8%.

Broadcasting 107

Broadcasting Cost-Benefit Strategy Modeling 107

Smart Data Collective

APRIL 22, 2020

Big data has turned the software industry on its head. The relationship between software development and big data is a two-way street. While many software developers are looking to create new applications that use big data, they are also using big data to streamline development. Development: This is where the program gets built.

Data-driven 91

Data-driven Software Big Data Testing 91

CIO Business Intelligence

OCTOBER 10, 2022

This model encourages leaders to demonstrate authentic, strong leadership with the idea that employees will be inspired to follow suit. For a deeper look at the transformational leadership model, see “ How to apply transformational leadership at your company.”. Transformational leadership model.

Modeling 144

Modeling Digital Transformation Software Manufacturing 144

Jet Global

DECEMBER 5, 2022

So many organizations integrate tax software, then dust their hands. But as new global requirements emerge and technology advances, your software may fall far enough behind that it starts to impact your performance. Additionally updating your software to the latest version minimizes the risk of data loss. Download Now.

Software 52

Software Forecasting Reporting Measurement 52

CIO Business Intelligence

MARCH 25, 2022

By Andy Nallappan, Chief Technology Officer and Head of Software Business Operations, Broadcom Software. Last December, Broadcom Software published our blog: Predictions for 2022. And the most recent Verizon security report found that over 80% of breaches involve brute force or the use of lost or stolen credentials.

Software 52

Software Risk Strategy Reporting 52

erwin

JANUARY 9, 2020

For decades, data modeling has been the optimal way to design and deploy new relational databases with high-quality data sources and support application development. Today’s data modeling is not your father’s data modeling software. So here’s why data modeling is so critical to data governance.

Data Governance 144

Data Governance Modeling Metadata Unstructured Data 144

Laminar Security

DECEMBER 1, 2023

As more organizations migrate their data to the cloud, they face an increasing range of risks and threats, including data breaches, data leakage, data loss, data misuse, data compliance violations, shadow data and more. According to a recent report by IBM , the average cost of a data breach in 2023 was $4.24

Modeling 52

Modeling Cost-Benefit Risk Data-driven 52

Jet Global

NOVEMBER 10, 2020

After more than four decades with only minor revisions, the past 15 years have seen a rapid evolution in the reporting requirements for consolidated financial statements. Here, we’ll take a look at the current criteria for reporting your consolidated financial results. Evolution of Reporting Requirements. When to Consolidate.

Reporting 83

Reporting Risk Strategy Modeling 83

erwin

MARCH 24, 2020

Technical teams charged with maintaining and executing these processes require detailed tasks, and business process modeling is integral to their documentation. erwin’s Evolve software is integral to modeling process flow requirements, but what about the technology side of the equation?

Modeling 97

Modeling Data Processing Software Finance 97

CIO Business Intelligence

JANUARY 13, 2023

All Posts The US National Aeronautics and Space Administration (NASA) has overspent about $15 million on Oracle software over the past five years because it lacked a centralized software asset management practice, according to an audit report published by the space agency’s office of the inspector general (OIG).

IT 122

IT Software Reporting Risk 122

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 130

IT Risk Cost-Benefit Risk Management 130

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 96

Reporting Cost-Benefit Internet of Things Data-driven 96

IBM Big Data Hub

OCTOBER 3, 2023

And this year, ESPN Fantasy Football is using AI models built with watsonx to provide 11 million fantasy managers with a data-rich, AI-infused experience that transcends traditional statistics. But numbers only tell half the story. For the past seven years, ESPN has worked closely with IBM to help tell the whole tale.

Modeling 94

Modeling Statistics Consulting Unstructured Data 94

CIO Business Intelligence

DECEMBER 8, 2023

Barely a year after the release of ChatGPT and other generative AI tools, 75% of surveyed companies have already put them to work, according to a VentureBeat report. For engineers, AI-generated code used in software development may contain security vulnerabilities or intellectual property ingested during training. Security guardrails.

Risk 117

Risk Finance Data Quality Modeling 117

FineReport

MAY 9, 2023

A digital marketing report is essential for any business that wants to generate new customers and sales. A successful marketing strategy includes modern business intelligence software and marketing reports that provide detailed data insights. Marketing, sales, and financial management would be impossible without reports.

Reporting 52

Reporting Marketing Advertising Metrics 52

CIO Business Intelligence

MARCH 8, 2023

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. But outsourcing operational risk is untenable, given the criticality of data-first modernization to overall enterprise success.

Modeling 70

Modeling Risk Management Internet of Things Risk 70

CIO Business Intelligence

MARCH 5, 2024

India’s Ministry of Electronics and Information Technology (MeitY) has caused consternation with its stern reminder to makers and users of large language models (LLMs) of their obligations under the country’s IT Act, after Google’s Gemini model was prompted to make derogatory remarks about Indian Prime Minister Narendra Modi.

Testing 123

Testing Modeling Cost-Benefit Reporting 123

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6 The company, which reported net revenues of $3.6

Risk Management 110

Risk Management Risk Marketing Cost-Benefit 110

O'Reilly on Data

APRIL 19, 2021

The percentage of respondents reporting “mature” practices has been roughly the same for the last few years. Relatively few respondents are using version control for data and models. Tools for versioning data and models are still immature, but they’re critical for making AI results reproducible and reliable. Respondents.

Enterprise 356

Enterprise Modeling Risk Manufacturing 356

CIO Business Intelligence

FEBRUARY 27, 2024

However, in an increasingly software-centric environment, both new and legacy assets must deliver value throughout their lifecycle. The dangers of sweating assets If you have an older phone, the manufacturer eventually stops updating the software. This creates risk for the company, shareholders, customers and their brand.

Technology 99

Technology Management Manufacturing Cost-Benefit 99

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. The adversaries, at least for now, have the upper hand on many global organisations,” the report concluded. Its conclusions were less than optimal. Zero trust is still not widely deployed, but that is changing.

IT 101

IT Measurement Risk Testing 101

CIO Business Intelligence

DECEMBER 11, 2023

“This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament. million) or 1.5% of the turnover to $37.6

Risk 109

Risk Testing Insurance Cost-Benefit 109

CIO Business Intelligence

NOVEMBER 6, 2023

A Defense in Depth strategy is essential because it helps businesses stay ahead of these risks by implementing multiple lines of defense. By proactively addressing these vulnerabilities, you can dramatically reduce the risk of successful attacks and maintain a strong security stance.

Risk 124

Risk Measurement Cost-Benefit Strategy 124