CIO Business Intelligence

MARCH 14, 2022

Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”. This acknowledges that the purpose of measurement is to reduce uncertainty. And the purpose of reducing uncertainty is to make better decisions. I call this point data saturation.

Uncertainty 105

Uncertainty Measurement Cost-Benefit Optimization 105

CIO Business Intelligence

NOVEMBER 30, 2023

With increasingly sophisticated cyberattacks and prolonged economic uncertainty, organizations need this zero-trust architecture both now and in the future. Optimizing technology costs Perimeter-based architectures entail significant infrastructure costs.

Cost-Benefit 105

Cost-Benefit Uncertainty Optimization Risk 105

CIO Business Intelligence

OCTOBER 11, 2023

While international conflict, economic uncertainty and climate change are affecting businesses of all kinds, energy companies and utilities are also dealing with aging infrastructure, constant cyberattacks, increased regulation and rising customer expectations. Meeting all these requirements places a tremendous burden on energy companies.

Unstructured Data 137

Unstructured Data Uncertainty Risk Data Processing 137

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 94

Strategy Cost-Benefit Digital Transformation Uncertainty 94

CIO Business Intelligence

JUNE 22, 2022

Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit. Consultants will also leverage their confidence with senior leadership to strengthen their ability to expose program risks and mitigate risk to their firm. .

Consulting 128

Consulting Uncertainty Cost-Benefit Risk 128

O'Reilly on Data

JUNE 15, 2023

Should we risk loss of control of our civilization?” The creators of generative AI systems and Large Language Models already have tools for monitoring, modifying, and optimizing them. Should we automate away all the jobs, including the fulfilling ones? Some systems and use cases are riskier than others.

Metrics 284

Metrics Reporting Measurement Finance 284

CIO Business Intelligence

DECEMBER 18, 2023

Other fears cover compliance with emerging AI regulations and the risk of models becoming contaminated or biased through adversarial attacks. As some executives suggested, it would benefit the enterprise more to monitor the AI traffic at an aggregate (not employee-specific) level to understand the risks of public LLM usage.

Enterprise 119

Enterprise Management Risk Uncertainty 119

Cloudera

JUNE 1, 2021

In summary, the next chapter for Cloudera will allow us to concentrate our efforts on strategic business opportunities and take thoughtful risks that help accelerate growth. We must integrate and optimize the end-to-end data lifecycle for our customers, empowering them to focus on what really matters – extracting value from their data.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

CIO Business Intelligence

MAY 9, 2023

As you navigate the intricacies of workload placement, you face many challenges such as: Economic uncertainty (the market is whipsawing); deficit in IT talent (do you honestly recall a time this wasn’t an issue?); There is no setting them and forgetting them.

ROI 126

ROI Cost-Benefit KPI Uncertainty 126

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

JANUARY 11, 2023

Fear of uncertainty: Business leaders need a certain amount of tolerance toward unpredictability (as evidenced by the recent global health crisis). Fear of negative impact on one’s career: It’s easy for loss aversion to take the wheel when we’re considering the risk of doing something new. Are you still willing to act?

Enterprise 105

Enterprise Uncertainty Consulting Sales 105

Jet Global

MARCH 20, 2023

The issues finance and operations teams face are twofold: the nature and increasing demands for operational data and analytics, and the fact that tools on hand are not optimized to handle the data or analysis. This data is gleaned from a report from insightsoftware and Hanover Research: The Operational Reporting Global Trends Report.

Operational Reporting 52

Operational Reporting Reporting Uncertainty Finance 52

CIO Business Intelligence

JUNE 28, 2023

These circumstances have induced uncertainty across our entire business value chain,” says Venkat Gopalan, chief digital, data and technology officer, Belcorp. “As Finally, our goal is to diminish consumer risk evaluation periods by 80% without compromising the safety of our products.” This allowed us to derive insights more easily.”

Digital Transformation 105

Digital Transformation Cost-Benefit Informatics Data mining 105

CIO Business Intelligence

DECEMBER 5, 2023

Economic uncertainty, increased competition, sustainability concerns, shareholder expectations, and regulatory challenges are also top of mind. Revisit the project portfolio Strong demand management is essential for sustainable IT cost optimization, says Anja Allen, principal in EY Americas’ technology consulting practice.

IT 138

IT Cost-Benefit ROI Digital Transformation 138

CIO Business Intelligence

MAY 16, 2023

These industry leaders are hastening a digital transformation—one that promises to show a return on investment in less than 18 months, reduce the risks of non-compliance, and save 40% of employee time 11. Ultimately, they find the most efficient and risk-averse ways to scan, process, and securely store 12 or destroy physical documents.

Digital Transformation 104

Digital Transformation Uncertainty Risk Cost-Benefit 104

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. The United Nations’ Intergovernmental Panel on Climate Change (IPCC) predicts people living in Africa, Australia, North America and Europe will face health risks due to rising temperatures and heat waves.

Modeling 120

Modeling Forecasting Reporting Risk 120

datapine

MAY 31, 2022

This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. The next part of our cloud computing risks list involves costs. These tools also help optimize the cloud for cost, governance, and security.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

erwin

MAY 6, 2020

In these times of great uncertainty and massive disruption, is your enterprise data helping you drive better business outcomes? Organizations looking to the post-pandemic future for risk-adverse business models, new opportunities, and/or new approaches to changing markets: (virtually every organization that needs to survive and then thrive).

Cost-Benefit 94

Cost-Benefit Data Governance Uncertainty Data-driven 94

CIO Business Intelligence

MARCH 23, 2022

CIOs that aren’t embracing, testing, retooling, leveraging, and getting feedback from innovative concepts are putting their companies and businesses at risk of being left behind,” Mattmann warns. In a world dominated by pessimism and disruption, indispensable IT leaders generate relentless optimism and success.

IT 133

IT Optimization Uncertainty Testing 133

The Unofficial Google Data Science Blog

APRIL 23, 2024

If the relationship of $X$ to $Y$ can be approximated as quadratic (or any polynomial), the objective and constraints as linear in $Y$, then there is a way to express the optimization as a quadratically constrained quadratic program (QCQP). Crucially, it takes into account the uncertainty inherent in our experiments.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

CDW Research Hub

OCTOBER 19, 2021

Optimal use of capital, maintaining disciplined capital allocation prioritization. Founded in 1980 with headquarters in San Antonio, TX, Sirius is a privately held, leading national solutions integrator focused on helping organizations transform their business by managing their operations, optimizing their IT, and securing it all.

Uncertainty 102

Uncertainty Sales Finance Cost-Benefit 102

AWS Big Data

JUNE 27, 2023

With the solution we built using QuickSight, recruiters are given access to rich visualizations on interactive dashboards in real time, eliminating uncertainty about whether the information they are looking at is accurate. We can pick what we need, and use what we need with pay-as-you-go pricing.

Metrics 98

Metrics Dashboards Interactive Visualization 98

Smart Data Collective

SEPTEMBER 7, 2021

Data-based insights can help make the right decisions, keep up with market trends and navigate the uncertainty. Setting the optimal prices. Thus, Starbuck defines areas that potentially will be successful and mitigate risks of opening in unprofitable ones. Big data is a not new concept, and it has been around for a while.

Big Data 124

Big Data Technology Cost-Benefit Predictive Analytics 124

IBM Big Data Hub

APRIL 18, 2024

The AGI would need to handle uncertainty and make decisions with incomplete information. ” AGI analyzes relevant code, generates a draft function with comments explaining its logic and allows the programmer to review, optimize and integrate it. AGI wouldn’t just perceive its surroundings; it would understand them.

Cost-Benefit 95

Cost-Benefit Modeling Manufacturing Interactive 95

Cloudera

SEPTEMBER 29, 2021

In a world rife with uncertainty, governments need to ensure that their citizens’ health and well-being are taken care of even as they seek to keep their economies afloat. This resulted in staff spending more time on more complex tasks while also reducing human errors and security risks. Providing more value to citizens through data.

Digital Transformation 79

Digital Transformation Data Governance Data-driven Uncertainty 79

O'Reilly on Data

MARCH 31, 2020

Machine learning adds uncertainty. Underneath this uncertainty lies further uncertainty in the development process itself. There are strategies for dealing with all of this uncertainty–starting with the proverb from the early days of Agile: “ do the simplest thing that could possibly work.”

Management 332

Management Machine Learning Experimentation Metrics 332

CIO Business Intelligence

MARCH 9, 2023

In an IT marketplace marked by turbulence, inflation, and economic uncertainty, the process of contracting with vendors for technology products and services has gotten significantly more challenging for CIOs. Deals done by IT departments alone provide leading-edge technology but often at high cost and legal risk.

Cost-Benefit 116

Cost-Benefit Risk Uncertainty Technology 116

Timo Elliott

MARCH 6, 2023

He explains that automation and innovation have become critical as the world experiences supply chain disruptions, inflation, extreme weather events, worker shortages, and uncertainty. He also mentions ASR Group using machine learning to optimize routes for sugar delivery to their 600 customers, reducing logistics costs.

Machine Learning 111

Machine Learning Cost-Benefit Uncertainty ROI 111

CIO Business Intelligence

NOVEMBER 30, 2022

That means you are optimized, but with a very narrow focus.” But as months turn into quarters and quarters turn into years, then you actually have to deliver otherwise you risk stranded investments and disenchantment from the business. At the same time, build resiliency against volatility and uncertainty.

Digital Transformation 97

Digital Transformation Uncertainty Manufacturing Interactive 97

bridgei2i

JULY 8, 2020

They discuss the impact of the pandemic on enterprises and the need to adopt parallel windows – a short term window to get an enterprise’s operational system up and running as effectively as possible, and a medium-term outlook to mitigate the supply chain shocks and risks. Tune in, and don’t forget to subscribe!

Digital Transformation 132

Digital Transformation Enterprise Insurance Risk 132

Jet Global

JUNE 25, 2020

The business oracles at Gartner recently released a list of nine traits necessary for CFOs to preserve performance throughout periods of crisis and uncertainty. Facilitating Risk Taking. Financial invisibility represents one of the biggest risks companies face right now. Fighting Scope Creep. Funding Critical Initiatives.

Uncertainty 52

Uncertainty Reporting Risk Metrics 52

Jet Global

JULY 5, 2023

External Market Challenges are Hampering Finance Teams In 2023, the impact of external factors is clear as the optimism from the previous year has been replaced by pragmatism and realism. The Impact of Market Uncertainty This year, Finance decision-makers are feeling pressure from both internal and external sources.

Finance 52

Finance Uncertainty Reporting Marketing 52

Jet Global

JANUARY 22, 2020

Any reporting process that relies on users manually manipulating data is at risk of typos and other human errors compromising that data. The desire to rush through reporting in order to access insights faster only raises the risk of these errors. Making Decisions Based on Sub-Optimal Information. Contending with Data Errors.

Reporting 78

Reporting Snapshot Data-driven Uncertainty 78

Jet Global

JULY 17, 2019

And this brings us to some of the major risks (and stress) that come with keeping track of your supply and demand with Excel. Here are 5 risks of using Excel for inventory management: Making Mistakes . With it, you can track your sales based on the period for better inventory optimization in the future, etc. No more risk.

Management 69

Management Cost-Benefit Sales Reporting 69

CIO Business Intelligence

SEPTEMBER 12, 2022

One instance of how that exploration led to real business benefits was with the application of machine learning to predict optimal product formulation using a set of desired consumer benefits. The team was given time to gather and clean data and experiment with machine learning models,’’ Crowe says.

Experimentation 133

Experimentation Consulting Technology Machine Learning 133

Jet Global

JUNE 10, 2020

As businesses continue to grapple with uncertainty, the role of finance and accounting is more important than ever. As the crisis continues and uncertainty remains the norm, CFOs will play an essential role in guiding the decisions that could determine make-or-break outcomes for many businesses. That is never an easy decision.

Uncertainty 52

Uncertainty Finance Reporting Risk 52

CIO Business Intelligence

MAY 4, 2022

More specifically, Rasmussen is boosting her spend on cybersecurity to help manage risk, a key element for enabling Ceridian’s planned global expansion. He says organizations are looking to automate, streamline operations, and reduce costs to help deal with an unsettled labor market, worker shortages, inflation, and geopolitical uncertainty.

IT 135

IT Business Driver Reporting Uncertainty 135