O'Reilly on Data

NOVEMBER 13, 2018

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Continue reading Managing risk in machine learning. Real modeling begins once in production.

Machine Learning 220

Machine Learning Risk Management Statistics 220

IBM Big Data Hub

APRIL 12, 2024

Breaking down traditional silos Many utility asset management organizations work in silos. Asset investment planning (AIP) tools bring value in optimizing various, sometimes conflicting, value drivers. For existing assets, a more accurate bottom-up risk approach is available from the continuous health monitoring process.

Optimization 91

Optimization Risk Risk Management Management 91

IBM Big Data Hub

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization.

Forecasting 67

Forecasting Optimization Digital Transformation Risk 67

IBM Big Data Hub

OCTOBER 16, 2023

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.

Risk 77

Risk Modeling Management Metadata 77

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 78

Risk Modeling Risk Management Measurement 78

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

DataRobot Blog

MAY 10, 2022

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States.

Risk 64

Risk Modeling Machine Learning Data Quality 64

John Wheeler

OCTOBER 21, 2019

Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

IBM Big Data Hub

APRIL 19, 2024

Asset management and technological innovation Advancements in technology underpin the need for holistic grid asset management, making the assets in the grid smarter and equipping the workforce with smart tools. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 94

Management Internet of Things Risk IoT 94

Cloudera

FEBRUARY 4, 2021

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform. End-to-end Data Lifecycle.

Risk 86

Risk Marketing Technology Management 86

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. From conversing on personal devices (BYODs) to sending documents to the wrong recipient, or using unsecured applications for transfers, the risk for potential leaks is high. Around 66% of all data leaks are caused by employees making mistakes with digital records.

Risk 122

Risk Management Measurement Optimization 122

CIO Business Intelligence

DECEMBER 14, 2023

The timing for these advancements is optimal as the industry grapples with skilled labor shortages, supply chain challenges, and a highly competitive global marketplace. Process optimization In manufacturing, process optimization that maximizes quality, efficiency, and cost-savings is an ever-present goal.

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

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

AWS Big Data

FEBRUARY 1, 2024

Trade quality and optimization – In order to monitor and optimize trade quality, you need to continually evaluate market characteristics such as volume, direction, market depth, fill rate, and other benchmarks related to the completion of trades. The query to generate this chart has similar performance metrics as the preceding chart.

Data Warehouse 121

Data Warehouse Dashboards Risk Management Risk 121

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

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. Without proper management, the costs associated with storing unnecessary data can become a substantial financial burden.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

CIO Business Intelligence

JANUARY 22, 2024

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. As a result, companies find it increasingly difficult to manage their attack surface at the speed and scale necessary to prevent attacks. Respond to threats quickly.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

IBM Big Data Hub

FEBRUARY 19, 2024

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Better customer satisfaction : An optimized supply chain allows businesses to make sure products are available when and where people want them—which can improve relationships and loyalty with customers.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

CIO Business Intelligence

JANUARY 18, 2024

This level of optimism in the face of massive disruptive change may spring from common attributes that make decision-makers true leaders: vision and adaptability. “As Optimism aside, the true test is in how well organizations will master the changes to the nature of work that AI enables. As you learn, you adjust.

Finance 126

Finance Machine Learning Risk Management Optimization 126

CIO Business Intelligence

NOVEMBER 3, 2023

For example, AI can quickly answer: what is the best strategy for optimizing savings in a rising market for a particular category? When in the thick of running a complex RFP, we might ask what combinations of suppliers give the best savings and lowest risk,” says Blake.

Digital Transformation 128

Digital Transformation Risk Management Risk Machine Learning 128

CIO Business Intelligence

DECEMBER 19, 2023

Underpinning these initiatives are digital transformation core competencies , which include design thinking, product management, agile methodologies, devops practices, citizen development, and data governance. CIOs should look for other operational and risk management practices to complement transformation programs.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

Smart Data Collective

SEPTEMBER 17, 2020

Financial and banking industries worldwide are now exploring new and intriguing techniques through which they can smoothly incorporate big data analytics in their systems for optimal results. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations.

Big Data 141

Big Data Finance Risk Management Risk 141

DataRobot Blog

DECEMBER 6, 2022

Taking a Multi-Tiered Approach to Model Risk Management. Understand why organizations need a three-pronged approach to mitigating risk among multiple dimensions of the AI lifecycle and what model risk management means to today’s AI-driven companies. Read the blog. MLOps Helps Mitigate the Unforeseen in AI Projects.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

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

CIO Business Intelligence

OCTOBER 17, 2022

In fact, under DORA, the complexity of the supply chain or the lack of EU presence are both considered risk factors. Financial institutions accustomed to a regulatory environment primarily designed to assess financial risk and stability will now have to take the potential risk posed by their ICT operations just as seriously.

Risk Management 105

Risk Management Risk Enterprise Testing 105

IBM Big Data Hub

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. In addition to enhanced decision-making, flexibility and visibility, analytics engines paired with AI can help manage supplier risk.

Strategy 105

Strategy Technology Cost-Benefit Risk Management 105

CIO Business Intelligence

JANUARY 24, 2024

The product — a building or bridge — might be physical but it can be represented digitally, through virtual design and construction, she says, with elements of automation that can optimize and streamline entire business processes for how physical products are delivered to clients. Hire the right architects.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

IBM Big Data Hub

DECEMBER 14, 2023

To combat these ever-growing risks, the concept of cyber resiliency has gained significant importance. Our approach to cyber resiliency Risk assessment and strategy : IBM emphasizes the importance of conducting a thorough risk assessment to identify vulnerabilities and potential threats.

Risk 86

Risk Measurement Business Objectives Optimization 86

CIO Business Intelligence

SEPTEMBER 7, 2023

The second challenge is managing new risks, which stem primarily from the threat of misinformation. Since the consequence of failure is high, the defense industry must strike a deft balance between innovation and risk management. (more about this in my article about accelerating generative AI here ).

Unstructured Data 119

Unstructured Data Cost-Benefit Risk Risk Management 119

IBM Big Data Hub

FEBRUARY 13, 2024

Product development : Generative AI is increasingly utilized by product designers for optimizing design concepts on a large scale. It assists in structural optimization which ensures that products are strong, durable and use minimal material, leading to considerable cost reductions.

Enterprise 125

Enterprise Modeling Testing Data-driven 125

IBM Big Data Hub

JANUARY 30, 2024

Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management. Retail: Manage e-commerce platforms, customer data analytics and supply chain logistics, where data analysis often must occur at the edge.

Manufacturing 80

Manufacturing Business Objectives Optimization Risk Management 80

FineReport

APRIL 9, 2024

These benefits include enhanced operational efficiency through streamlined processes and optimized resource allocation. By leveraging advanced analytics capabilities, businesses can uncover hidden opportunities and potential risks within their datasets, allowing them to proactively address challenges and capitalize on emerging trends.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

Smart Data Collective

JUNE 23, 2022

It’s important to know that analytics is integral to every facet of car production, not only in supply chain optimization (more on that later). Risk Management. The automotive industry faces numerous risks, from missed production goals to mishaps on the factory floor. The Fundamentals. Quality Control. External Factors.

Analytics 122

Analytics Manufacturing Internet of Things Risk 122

CIO Business Intelligence

JULY 13, 2022

Wrapping up the day, CN Assistant Vice-President and CISO Vaughn Hazen will share how to optimize investments in information security and the best ways to mitigate risk. Dr. Eva Selhub, an executive coach and resiliency expert, will advise on how to manage adversity and improve performance in the face of chaos.

Strategy 124

Strategy Risk Metrics Risk Management 124

IBM Big Data Hub

OCTOBER 4, 2022

Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. Manual processes that introduce risk and make it hard to scale. Platforms and practices not optimized for AI. Challenges around managing risk.

Metadata 102

Metadata Risk Risk Management Experimentation 102

CIO Business Intelligence

AUGUST 23, 2023

Optimization problems, for which a whole chorus of variables must be fine-tuned and modulated, routinely plague financial firms, especially when it comes to highly engineered financial products such as those developed through quantitative analysis. If there’s an industry steeped in computations, it’s the financial services sector.

IT 97

IT Machine Learning Risk Optimization 97

Cloudera

AUGUST 12, 2021

However, the important role data occupies extends beyond customer experience and revenue, as it becomes increasingly central in optimizing internal processes for the long-term growth of an organization. Collecting workforce data as a tool for talent management. Risk Management. Conclusion.

Data-driven 107

Data-driven Manufacturing Insurance Risk Management 107