CIO Business Intelligence

DECEMBER 8, 2022

The technology stack is complemented by professional services from strategy through to execution to ensure that the data is actionable and that there is a clear ROI. One of the biggest challenges of IoT is proving ROI,” says Devin Yaung, SVP, Group Enterprise IoT Products and Services at NTT. Edge Computing.

IoT 91

IoT ROI Cost-Benefit Risk 91

John Wheeler

OCTOBER 21, 2019

A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches. Digital Risk Management – Gartner. Doing so will allow for a proper ROI analysis detailing the potential for profit maximization.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

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. Risk Management: Manage risk and compliance to business standards, through automated facts and workflow management.

Metadata 103

Metadata Risk Risk Management Experimentation 103

CIO Business Intelligence

JANUARY 24, 2024

So they’ll be patient when it comes to ROI. Higgins-Carter offers advice for technology leaders who need to build a modular architecture out of a legacy systems portfolio: Make sure the Executive Leadership Team (ELT) understands the “why.” Why is it important the ELT understands the benefits of modular architecture?

Risk Management 116

Risk Management Risk Management Digital Transformation 116

CIO Business Intelligence

JUNE 12, 2023

In 2012, COBIT 5 was released and in 2013, the ISACA released an add-on to COBIT 5, which included more information for businesses regarding risk management and information governance. It’s also designed to give senior management more insight into how technology can align with organizational goals.

Risk Management 85

Risk Management Strategy Digital Transformation Enterprise 85

Insight

FEBRUARY 19, 2020

Building Models to Predict Movie Profitability Here I use profitability as the metric of success for a film and define profitability as the return on investment (ROI). The ROI is simply the fraction of the budget that the movie makes back at the box office (i.e., ROI = Profit/Budget). 158% (median ROI of 82%)!

Risk 67

Risk ROI Modeling Metrics 67

IBM Big Data Hub

MAY 9, 2023

Today, AI presents an enormous opportunity to turn data into insights and actions, to help amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. While the promise of AI isn’t guaranteed and may not come easy, adoption is no longer a choice. It is an imperative.

Metadata 80

Metadata Risk Experimentation Dashboards 80

CIO Business Intelligence

MAY 11, 2022

Chief Audit Executive (CAE) – To optimize risk management, the CAE and the BCM function should work in unison to leverage technology for assessing and mitigating risk. BCM, enterprise risk management and internal audit must work together and apply uniform principles to their respective areas of responsibility.

Management 97

Management Testing Insurance Finance 97

IBM Big Data Hub

JUNE 23, 2023

It suggests that organizations prioritize which F&A use cases should be augmented with their new foundation models, balancing across precision, risk, F&A stakeholder expectations and return on investment (ROI). Risk management and controls are an imperative in F&A. Apply the controllership lens.

Finance 63

Finance Consulting Data-driven Risk 63

Smart Data Collective

AUGUST 31, 2023

We mentioned that many people use data analytics to maximize stock market investing returns , but it is also possible to improve the ROI of high yield investment trusts. Unlike investing heavily in a single high-yield asset, these trusts prioritize diversification.

ROI 96

ROI Data Analytics Analytics Risk 96

erwin

DECEMBER 20, 2018

Whether implemented as preventative measures (risk management and regulation) or proactive endeavors (value creation and ROI), the benefits of a data governance initiative is becoming more apparent. The driving factors behind data governance adoption vary. Data governance’s importance has become more widely understood.

Data Governance 40

Data Governance ROI Risk Management Metadata 40

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

IT 111

IT Cost-Benefit Risk Consulting 111

CIO Business Intelligence

DECEMBER 29, 2023

Also, CIOs are asking what processes other people are using around determining proof of concepts, use cases, and ROI for generative AI,” he says. Information security and risk management are always top priorities for Fleetcor Technologies’ CIO Scott DuFour as well, and 2024 will be no different.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

APRIL 11, 2022

Learning to present cyber needs through a risk management lens, with a clear financial outlook, is a great place to start,” suggests Tommy Gardner, CTO of government technology and services provider HP Federal. The combination of a strong expert opinion backed by data is a powerful one and will elevate the CIO role.”.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

erwin

MARCH 12, 2020

It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management.

Enterprise 85

Enterprise Reporting Management ROI 85

CIO Business Intelligence

MARCH 13, 2024

At Gallagher, a global insurance brokerage, risk management, and consulting services firm, executive search practice managing director Tom Wilson says his team uses gen AI for research and written communications. Artificial Intelligence, CIO, Generative AI, IT Leadership, ROI and Metrics, Software Development

IT 128

IT Consulting Testing Cost-Benefit 128

Smart Data Collective

DECEMBER 17, 2021

In professional terms, it is called TCO and ROI, the overall investment cost and return on investment. In contrast, the traditional backup technology is limited by the defects of the architecture itself, and the performance and speed will decline. This is one of the indicators most concerned by directors. Security.

Cost-Benefit 104

Cost-Benefit Measurement Big Data ROI 104

Octopai

FEBRUARY 21, 2022

But since lucky stars are generally frowned upon as a risk management strategy, we highly recommend you plan out your cloud migration process. Sorting through your data assets and processes has a direct impact on the ROI and success of your migration. Cranky employees tend to have a negative impact on your ROI.

Recreation/Entertainment 78

Recreation/Entertainment Cost-Benefit ROI Reporting 78

Sisense

SEPTEMBER 3, 2020

ROI (return on investment) is also a key concern, as business analysts apply their data-related activities to finance, marketing, and risk management, for instance. This includes database modeling, metrics definition, dashboard design , and creating and publishing executive reports. See an example: Explore Dashboard.

Statistics 97

Statistics Metrics Visualization Finance 97

IBM Big Data Hub

AUGUST 28, 2023

A targeted approach will optimize the user experience and enhance an organization’s ROI. Crisis management and risk management: Text mining serves as an invaluable tool for identifying potential crises and managing risks.

Data mining 60

Data mining Machine Learning Deep Learning Marketing 60

CIO Business Intelligence

SEPTEMBER 6, 2023

By changing the enterprise’s risk management approach from matrix-based measurement (high, medium, or low) to quantitative risk reduction, you’re basing actual potential impact on as many variables as needed, Folk says. “By Are we achieving maximum ROI on our security investments?

IT 142

IT ROI Risk Strategy 142

CIO Business Intelligence

MARCH 21, 2022

-based venture capital firm Sequoia Capital and Houston, Texas-based waste management and environmental services provider WM are making it a priority to finish what was started and refine processes to ensure optimal ROI.

IT 131

IT Digital Transformation Consulting Technology 131

Corinium

APRIL 25, 2019

What do you recommend to organizations to harness this but also show a solid ROI? Not coincidentally – Protegrity’s platform is built from the ground up to enable this style of data security governance. How fast are the advances you’re seeing in AI at the moment? You can protect individual fields, or even subsets of fields (e.g.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

CIO Business Intelligence

MAY 13, 2024

But where the puck is moving to is really around business use cases and identifying use cases where they will see value from their AI investments,” says Dera Nevin, a data lawyer, information risk management expert, and managing director in the technology segment at FTI Consulting.

IT 124

IT Digital Transformation ROI Strategy 124

CIO Business Intelligence

OCTOBER 30, 2023

In addition, whereas resilience is a risk management strategy, adaptability is both a risk management and an innovation strategy. The philosophy behind adaptive systems is more about innovation than risk management.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

Domino Data Lab

FEBRUARY 4, 2019

Eric’s article describes an approach to process for data science teams in a stark contrast to the risk management practices of Agile process, such as timeboxing. The ability to measure results (risk-reducing evidence). Given the two points above, that’s okay—there are good ways to direct data exploration toward ROI.

Data Science 66

Data Science Experimentation Data-driven Machine Learning 66

Andrew White

JANUARY 11, 2021

Value Management or monetization. Risk Management (most likely within context of governance). Product Management. Saul Judah is our main person focusing on D&A risk management. I am not totally sure I know what you mean with KRM but I believe you mean Key Risk Management indicators.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

DECEMBER 15, 2022

Core challenges included complex and siloed business processes with a lot of customizations, out-of-sync data and processes, disparate and niche applications with inconsistent data and assets, and expensive and unsustainable data and risk management that lacked innovation and adaptability.

Risk 95

Risk Digital Transformation Software ROI 95

Sisense

AUGUST 19, 2021

Buying analytics instead of building them helps companies go to market faster, see ROI from analytics sooner, focus on their core competency, benefit from incremental improvements over time, and much more. The solution: Buy and embed an industry-leading analytics platform into your core offering.

ROI 98

ROI Cost-Benefit Marketing Testing 98

IBM Big Data Hub

MARCH 26, 2024

Businesses cannot prove there is no forced labor in their supply chain without working with procurement—to understand their supplier base, where they are located, and what might be high risk—let alone solution to embed proactive risk management in vendor onboarding.

Measurement 69

Measurement Metrics Strategy Reporting 69

Cloudera

NOVEMBER 25, 2021

Protect: security needs including risk management, fraud detection and cybersecurity initiatives through risk modelling and analysis, regulatory compliance, and financial crime prevention. . Grow: flexibility and control allowing customers to manage costs and auto-scale and suspend or resume execution.

Machine Learning 88

Machine Learning IoT Risk ROI 88

CIO Business Intelligence

MAY 17, 2022

A few years ago, the leadership realized that the banking industry is going to be dominated by great tech companies that manage risk exceptionally well. Risk management was always one of the core foundations of the company. How do you measure the data platform’s ROI and what are the results you’re seeing with Cassandra?

ROI 52

ROI Risk Marketing Modeling 52

Smart Data Collective

DECEMBER 15, 2020

Understand the risk with predictive analytics risk scoring algorithms. You should also use predictive analytics for risk management. You can assess your long-term ROI targets and the risk associated with a trade by running complex, analytics-driven calculations.

Data Analytics 66

Data Analytics Analytics Big Data Risk 66

DataRobot Blog

FEBRUARY 21, 2022

Also, since security and risk management have become board-level issues for organizations ( Gartner ), you need to think about these as well. Learn how Embrace Home Loans utilizes DataRobot Zepl to improve their team’s efficiency and maximize ROI from the marketing efforts. How are your systems performing? Free trial.

Data Science 52

Data Science Recreation/Entertainment Risk Visualization 52

datapine

FEBRUARY 22, 2022

But the rewards outperform by far its costs, and it is well known that business intelligence ROI is real even if it is sometimes hard to quantify. Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Benefits Of Implementing a BI Strategy. Pursue a phased approach.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218