CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. At a high level, a CAIO will need to understand the business well enough to identify where AI can make an impact, whether through new value streams or optimization, Daly says.

Risk Management 130

Risk Management Risk Cost-Benefit Technology 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? They need to understand;

Risk 82

Risk Modeling Risk Management Measurement 82

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

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 72

ROI Data Analytics Analytics Risk Management 72

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

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

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 122

Risk Management Measurement Optimization 122

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

IBM Big Data Hub

FEBRUARY 13, 2024

Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. It also can help optimize transportation costs and service-level agreements as well as improve inventory management and visibility.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

CIO Business Intelligence

NOVEMBER 3, 2023

AI helps to turn past activities and successes into actionable strategies for future projects at a stroke. For example, AI can quickly answer: what is the best strategy for optimizing savings in a rising market for a particular category? By automating repetitive tasks, difficult problems get more attention, too.

Digital Transformation 128

Digital Transformation Risk Management Risk Machine Learning 128

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 120

Data Warehouse Dashboards Risk Management Risk 120

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

Smart Data Collective

SEPTEMBER 17, 2020

Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. 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.

Big Data 142

Big Data Finance Risk Management Risk 142

Cloudera

MARCH 25, 2021

Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. With a strategy and enterprise wide approach to governance in place, compliance becomes a side benefit of becoming a more data-driven organization. .

Data Strategy 66

Data Strategy Strategy Enterprise Insurance 66

CIO Business Intelligence

DECEMBER 29, 2023

Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In While there remains a lot we don’t fully understand about AI, including its associated risks, there are many opportunities to take advantage of moving forward in business and life,” he says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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. Additionally, BI tools enable organizations to adopt a data-driven approach to strategy formulation, leading to more informed decision-making at all levels.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

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

IBM Big Data Hub

FEBRUARY 13, 2024

Invest in data hygiene and collection strategies to keep your engine running smoothly. Product development : Generative AI is increasingly utilized by product designers for optimizing design concepts on a large scale. Generative AI allows project managers to search through and create instant summaries of essential business documents.

Enterprise 125

Enterprise Modeling Testing Data-driven 125

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

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

IBM Big Data Hub

JANUARY 19, 2023

The key to differentiation comes in getting data protection right, as part of an overall data strategy. Keep reading to learn how investing in the right data protection supports and optimizes your brand image. Laying the foundation for data privacy allows your organization to manage its data ethics better.

Risk Management 62

Risk Management Risk Strategy Data Strategy 62

CIO Business Intelligence

MAY 11, 2022

Asking the right questions to understand the business’ strategy and implementing architecture that supports the technology of the future is fundamental. Understanding business requirements, from technology recovery requirements to data loss tolerance, enables a dynamic technology strategy that morphs with the changing needs of the business.

Management 98

Management Testing Insurance Finance 98

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. Put your data strategy in business turns.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

APRIL 21, 2022

Combining Agile and DevOps with elements such as cloud, testing, security, risk management and compliance creates a modernized technology delivery approach that can help an organization achieve greater speed, reduced risk, and enhanced quality and experience. All hands on deck .

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

Ontotext

APRIL 6, 2023

More and more companies are using them to improve a variety of tasks from product range specification and risk analysis to supporting self-driving cars. This allows companies to model and optimize the interactions between the various computers that make a car run, ensuring everything is operating in sync to meet the desired specifications.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

IBM Big Data Hub

JUNE 29, 2023

By having real-time data at their fingertips, decision-makers can adjust their strategies, allocate resources accordingly, and capitalize on the unexpected spike in demand, ensuring customer satisfaction while maximizing revenue. By continuously monitoring and adjusting plans, businesses can remain responsive and seize competitive advantages.

Key Performance Indicator 83

Key Performance Indicator Forecasting Data Integration Sales 83

CIO Business Intelligence

JULY 13, 2023

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. This area of sustainable IT concentrates on green infrastructure, implementing circular technology strategies and reducing emissions to achieve carbon neutrality. Environment. Governance. The time for action is now.

IT 98

IT Internet of Things Strategy IoT 98

CIO Business Intelligence

APRIL 27, 2023

The CIO typically ranks the highest in an IT department, responsible for managing the organization’s IT strategy, resources, operations, and overall goals. Meanwhile, the CTO focuses on technology research and development efforts, often working closely with the CIO to develop a strong IT strategy.

IT 116

IT Software Risk Management 116

CIO Business Intelligence

MAY 9, 2022

Holistic, multi-dimensional collaboration delivers the highest total value, considering cost, speed, risk, quality, and overall customer experience. Supply chain collaboration means companies and their suppliers are aligned with their strategies and goals even before working together. Better risk management and control.

Cost-Benefit 98

Cost-Benefit Forecasting Risk Management Risk 98

CIO Business Intelligence

SEPTEMBER 23, 2022

At the foundation of cybersecurity is the need to understand your risks and how to minimize them. Individuals and organizations often think about risk in terms of what they’re trying to protect. When talking about risk in the IT world, we mainly talk about data, with terms like data privacy, data leakage and data loss.

Risk Management 96

Risk Management Risk Strategy Management 96

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Digital Transformation 68

Digital Transformation Risk Data Processing Enterprise 68

erwin

OCTOBER 17, 2019

The Regulatory Rationale for Integrating Data Management & Data Governance. Data security/risk management. Today’s enterprise embraces data governance to drive data opportunities , including growing revenue, and limit data risks, including regulatory and compliance gaffes. GDPR, HIPAA, SOX, CCPA, etc.)

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

CDW Research Hub

JUNE 10, 2021

Sirius Security helps them reduce risk, streamline and improve operations, and take a forward-leaning approach with proactive prevention, detection and response that keeps pace with threats. Add our strengths to your security strategy. Security technologies, opportunities and risk create an ever-changing cybersecurity landscape.

Enterprise 52

Enterprise Consulting Risk Business Objectives 52

FineReport

MARCH 24, 2024

Data analysts leverage four key types of analytics in their work: Prescriptive analytics: Advising on optimal actions in specific scenarios. They identify and interpret trends in complex datasets, optimize statistical results, and maintain databases while devising new data collection processes. JPMorgan Chase & Co.:

Statistics 52

Statistics Data mining Visualization Reporting 52

Ontotext

JULY 6, 2023

Let’s consider an example about risk and opportunity event detection. Case studies The risk and opportunity event detection use case discussed above combines all of Ontotext’s capabilities: storing and managing large amounts of data adding meaning to it (e.g.,, The business benefits here are also significant.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

DataRobot Blog

JUNE 1, 2022

Whether you’re just learning about the power of AI or already in production and planning your long-term AI strategy, DataRobot AIX has something for everyone. Learn how the McLaren Formula 1 Team is delivering AI-powered predictions and insights to maximize performance and optimize simulations. Data Scientist-Driven Breakout Sessions.

Machine Learning 119

Machine Learning Data-driven Risk Management Risk 119