CIO Business Intelligence

DECEMBER 8, 2022

While organizations know they need to mitigate environmental risks more effectively across the supply chain, often they struggle to translate that ambition into results. There is a clear company risk in not being sustainable, both to the planet and to the business. Businesses need to do more than just track carbon output.

IoT 101

IoT ROI Cost-Benefit Risk 101

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. Challenges around managing risk. It is an imperative.

Metadata 99

Metadata Risk Risk Management Experimentation 99

CIO Business Intelligence

JANUARY 24, 2024

“In construction, our teams are managing the construction of hundreds of projects happening at any one time,” she says. Our analytics capabilities identify potentially unsafe conditions so we can manage projects more safely and mitigate risks.” So they’ll be patient when it comes to ROI. Hire the right architects.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

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. This solution is designed to include everything needed to develop a consistent transparent model management process. It is an imperative.

Metadata 72

Metadata Risk Experimentation Dashboards 72

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

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 94

Risk Management Strategy Digital Transformation Enterprise 94

CIO Business Intelligence

MAY 11, 2022

Chief Risk Officer (CRO) – Complying with regulatory guidelines may be challenging during times of disruption, especially in heavily regulated industries. Commercial insurance is another critical risk-mitigation tool used to reduce operational risks. Managing Director, Technology Strategy. Director, Risk Assessment.

Management 98

Management Testing Insurance Finance 98

IBM Big Data Hub

JUNE 23, 2023

Our experts at IBM Consulting are taking a comprehensive look at generative AI for F&A and considering the need to balance risks. Risk management and controls are an imperative in F&A. They should weigh risks, materiality and potential financial exposure that could impact their processes.

Finance 57

Finance Consulting Data-driven Risk 57

CIO Business Intelligence

DECEMBER 29, 2023

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. Also, CIOs are asking what processes other people are using around determining proof of concepts, use cases, and ROI for generative AI,” he says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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

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 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

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

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. High Yield Investment Trust ‘s primary objective is to generate a steady income stream for investors and to manage potential risks inherent in higher-yield investments.

ROI 95

ROI Data Analytics Analytics Risk 95

CIO Business Intelligence

MARCH 21, 2022

1 directive for CIOs this year was to upgrade IT and data security to reduce corporate risk, cited by a third of survey respondents. Security and risk management is the highest-ranked technology initiative commanding IT investment this year, cited by 45% of respondents. For example, the C-suite’s No.

IT 131

IT Digital Transformation Consulting Technology 131

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 102

Cost-Benefit Measurement Big Data ROI 102

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. it’s more of a risk when it comes to a digital or operational move. Sorting through your data assets and processes has a direct impact on the ROI and success of your migration.

Recreation/Entertainment 78

Recreation/Entertainment Cost-Benefit ROI Reporting 78

IBM Big Data Hub

AUGUST 28, 2023

The extracted knowledge can guide processes like product improvements, marketing campaigns, customer support enhancements and risk mitigation strategies—all from social media content that already exists. A targeted approach will optimize the user experience and enhance an organization’s ROI.

Data mining 54

Data mining Machine Learning Deep Learning Marketing 54

CIO Business Intelligence

DECEMBER 15, 2022

To bring sustainability home, IVL sought to maximize the efficiency of its plants through digital transformation by replacing data silos with a single data source that would revolutionize enterprise asset management (EAM). This disparity could lead to minor or even catastrophic chemical releases. “In

Risk 98

Risk Digital Transformation Software ROI 98

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

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

SEPTEMBER 6, 2023

The discussions address changing regulatory and compliance requirements, and reveal vulnerabilities and threats for risk mitigation.” Ongoing IT security strategy conversations should address the organization’s cyber risk and arrive at strategic objectives, Albrecht says. Are we achieving maximum ROI on our security investments?

IT 142

IT ROI Risk Strategy 142

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

CIO Business Intelligence

MAY 13, 2024

The study identified the top CEO priorities as, among others, leading digital transformation, reducing security risk, strengthening collaboration with executive colleagues, and implementing AI. Tech leaders and executive advisors say most CIOs would not be surprised by this list.

IT 131

IT Digital Transformation ROI Strategy 131

Insight

FEBRUARY 19, 2020

Using variability in machine learning predictions as a proxy for risk can help studio executives and producers decide whether or not to green light a film project Photo by Kyle Smith on Unsplash Originally posted on Toward Data Science. The ROI is simply the fraction of the budget that the movie makes back at the box office (i.e.,

Risk 67

Risk ROI Modeling Metrics 67

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

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. . We are also seeing productivity increase, lower total cost of ownership and higher ROI. The Power of Two.

Machine Learning 92

Machine Learning IoT Risk ROI 92

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 62

Measurement Metrics Strategy Reporting 62

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

Smart Data Collective

DECEMBER 15, 2020

The market you specialize in should very much depend on your own interests, as well as your financial position, your attitude to risk, the hours you plan to spend trading, and various other factors. Understand the risk with predictive analytics risk scoring algorithms. Plenty of helpful resources can be found online.

Data Analytics 65

Data Analytics Analytics Big Data Risk 65

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

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. How can I mitigate security risks? While this is a real security risk in and of itself, the risk is multiplied when code is stored in version-control repositories.

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

Andrew White

JANUARY 11, 2021

Some data is more a risk than valuable. Value Management or monetization. Risk Management (most likely within context of governance). Product Management. See: Use Infonomics to Quantify Data Monetization Risks and Establish a Data Security Budget. Would really like to explore this one in debate. Governance.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52