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 141

IT ROI Risk Strategy 141

Sisense

SEPTEMBER 23, 2019

If it breaks, it puts at risk, not just a single application, but an entire chain of business processes built around it. Once we have a solid foundation of unit tests which cover individual functions, API tests provide higher reliability covering an interface closer to the user, yet without the brittleness of UI tests.

Testing 89

Testing Strategy Modeling ROI 89

CIO Business Intelligence

MARCH 25, 2024

And they want to know exactly how much return on investment (ROI) can be expected when IT leaders make technology-related changes. CFOs have grown comfortable with the traditional project-based approach, through which they believe they get a better handle on spend certainty and a better sense of ROI.

Modeling 117

Modeling Cost-Benefit IT ROI 117

CIO Business Intelligence

JUNE 9, 2023

It’s a time-tested truth: Getting a head start improves outcomes. Without it, businesses incur steep costs, but the downside, or costs, are often unclear because calculating data management’s return on investment (ROI), or upside, is a murky exercise. Let’s look at how we can resolve this—while there is still time to do so.

Strategy 107

Strategy Management Key Performance Indicator ROI 107

CIO Business Intelligence

MARCH 3, 2024

And only 45 percent of CISOs were very or somewhat concerned about the risks of unsecured printers, compared to 72 percent of CIOs. Quocirca said this disconnect between the views of CIOs and CISOs on print security could prevent companies from determining the true level of risk. Doing penetration testing. Using zero trust.

IT 100

IT Measurement Risk Testing 100

CIO Business Intelligence

MAY 1, 2024

Ready to roll It’s shorter to make a list of organizations that haven’t announced their gen AI investments, pilots, and plans, but relatively few are talking about the specifics of any productivity gains or ROI. Organic growth Some of Microsoft’s original test customers have already moved from pilot to broad deployment.

Cost-Benefit 139

Cost-Benefit Metrics Insurance Measurement 139

CIO Business Intelligence

MAY 24, 2023

The bottom line: The companies that strike the right balance of risk and innovation when adopting generative AI will win. Don’t wait to start experimenting with generative AI The sooner a company starts developing a framework for adopting generative AI , the sooner the use cases can be rolled out and start showing ROI.

ROI 71

ROI Risk Machine Learning Testing 71

CIO Business Intelligence

JANUARY 25, 2024

Two-thirds of risk executives surveyed by Gartner consider gen AI a top emerging risk. McAfee counters that such risks are manageable. These risks are things you have to worry about with any other large-scale database technology project—but they’re not terrifying, and you have a great deal to gain,” says McAfee.

Strategy 86

Strategy Risk ROI Sales 86

O'Reilly on Data

SEPTEMBER 15, 2020

Customer stakeholders are the people and companies that advertise on the platform, and are most concerned with ROI on their ad spend. Technical competence results in reduced risk and uncertainty. AI initiatives may also require significant considerations for governance, compliance, ethics, cost, and risk.

Cost-Benefit 290

Cost-Benefit Advertising ROI Machine Learning 290

Smart Data Collective

MARCH 23, 2023

The ROI of creating their own AI applications can be massive, but they still need to use them cost-effectively. Prebuilt features and templates will have already been performance tested, and they typically come at much lower price points than developing a product from scratch. Manual testing requires time, effort, and money.

Software 115

Software Strategy Cost-Benefit Testing 115

IBM Big Data Hub

OCTOBER 25, 2023

Look for relatively discrete and low-risk opportunities to explore proof-of-concept implementations. Start small, test and scale. Fit-for-purpose foundation models also enable organizations to automate and accelerate modernization by generating code snippets and application components , along with automating application testing.

Cost-Benefit 85

Cost-Benefit ROI Modeling Testing 85

datapine

SEPTEMBER 29, 2022

More generally, low-quality data can impact productivity, bottom line, and overall ROI. No, its ultimate goal is to increase return on investment (ROI) for those business segments that depend upon data. Industry-wide, the positive ROI on quality data is well understood. Data Quality Management Best Practices.

Data Quality 241

Data Quality Metrics Data-driven Management 241

IBM Big Data Hub

MAY 6, 2024

Prioritizing between innovation and security may seem like a choice, but in fact, it’s a test. More than 50% of respondents are concerned about unpredictable risks impacting generative AI initiatives and fear they will create increased potential for business disruption.

Enterprise 68

Enterprise Risk Strategy ROI 68

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 126

IT Digital Transformation ROI Strategy 126

Smart Data Collective

SEPTEMBER 19, 2022

They can also anticipate industry trends, assess risks, and make strategic steps to elevate the customer experience. Improving Risk Assessment. Data analytics fintech provides crucial information financial institutions need to build a robust risk assessment strategy. Better UI/UX based on A/B testing.

Big Data 129

Big Data ROI Measurement Risk 129

CIO Business Intelligence

NOVEMBER 20, 2023

Where should companies invest in generative AI strategies to get the biggest payoffs with the lowest risks? Further, they can use generative AI to test an existing chatbot by simulating user inputs with prompts from a human tester, with different levels of granularity. This is absolutely a low-risk, high-reward use case,” says Condell.

Interactive 117

Interactive Risk ROI Testing 117

CIO Business Intelligence

JUNE 1, 2023

The ROI of HPC-driven innovations HPC provides value to most organizations, regardless of industry. A Hyperion study 1 estimates the return on investment (ROI) of HPC to be $44 of profit for every dollar of investment in HPC. “To Beyond its ROI, HPC is revolutionary for scientists and engineers. million,” shares Hyperion. “To

ROI 93

ROI Cost-Benefit Machine Learning Testing 93

Corinium

JUNE 6, 2019

Regulations and compliance requirements, especially around pricing, risk selection, etc., Fractal’s recommendation is to take an incremental, test and learn approach to analytics to fully demonstrate the program value before making larger capital investments. Transforming the organization to collaborate/compete with insur-techs.

Insurance 250

Insurance Analytics Forecasting Deep Learning 250

IBM Big Data Hub

NOVEMBER 6, 2023

With 89% of digital businesses investing in personalization to enhance the customer digital experience , those that fail to do so risk falling behind. To ensure uptake of products, service providers must have the appropriate tech tools to help SMBs understand the value of these products and to help with testing and implementation.

Cost-Benefit 105

Cost-Benefit Enterprise ROI Data Warehouse 105

CIO Business Intelligence

JANUARY 3, 2024

At the planning stage, this can enable plan simulation and various what-if scenario testing prior to committing to real-world investment. Ask the hard questions of the digital twin In addition to all of the above, it’s important to consider the ROI of the digital twin.

Cost-Benefit 123

Cost-Benefit ROI Manufacturing Optimization 123

Rocket-Powered Data Science

JULY 21, 2023

as likely to say that their ROI on observability tools far exceeded expectations. From these data streams, real-time actionable insights can feed decision-making and risk mitigations at the moment of need. testing for hypothesized threats, behaviors, and activities), (2) Baseline (i.e., Leaders are 7.9x

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

Sisense

SEPTEMBER 5, 2019

Start by identifying the persona you will create value for and articulate the ROI that they will get from your product. It has to meet the requirements that you lined up, move through beta tests with users that look like your intended audience, and make a deployment deadline that fits your intended timeline.

Risk 75

Risk Breakeven Cost-Benefit Data-driven 75

CIO Business Intelligence

MAY 11, 2022

Implement more disciplined validation and testing. A more disciplined methodology to validation and testing is essential to sidestepping shortfalls in meeting business expectations. Testing and validation that back up technology assertions depended upon by stakeholders are elemental. Collaboration is an all-way street.

Management 87

Management Testing Insurance Finance 87

CIO Business Intelligence

NOVEMBER 29, 2023

Minimize lock-in risks You need to carefully weigh the tradeoffs when it comes to leveraging each vendor’s cloud-native services. “If Managing these challenges requires meticulous planning, thorough testing, and a well-defined rollback strategy,” says Del Giudice. Adopt a hybrid cloud approach.

Recreation/Entertainment 118

Recreation/Entertainment Testing Strategy Risk 118

CIO Business Intelligence

MARCH 13, 2024

We did side-by-side testing,” he says. In testing, gen AI was also particularly good at generating test cases and creating dummy data for testing. We got 600 people together to test gen AI in a sandbox to try different use cases in 54 different categories.”

IT 124

IT Consulting Testing Cost-Benefit 124

CIO Business Intelligence

JUNE 28, 2023

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs.

Digital Transformation 85

Digital Transformation Cost-Benefit Informatics Data mining 85

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. billion this year.

IT 109

IT Cost-Benefit Risk Consulting 109

erwin

OCTOBER 8, 2020

And you can’t risk false starts or delayed ROI that reduces the confidence of the business and taint this transformational initiative. Test migrated data: erwin DI’s automation framework generates test cases and validation source code to test migrated data.

Data Governance 145

Data Governance Metadata Testing Data Lake 145

CIO Business Intelligence

SEPTEMBER 28, 2023

From establishing internal customers to instituting charge-backs to insisting on ROI, a lot of this advice looks plausible when viewed from 50,000 feet or more. Insist on ROI Sure, it’s lovely when a proposed project generates a positive financial return on investment all by itself. There’s also no point. Assign one.

IT 122

IT ROI Cost-Benefit Software 122

Smart Data Collective

JANUARY 30, 2023

So, how can one create software with as little risk as possible? Mixed reality In times of chaos, do you really have enough funds to build test models, organize accurate product testing with clients before you start selling, or spend time and money on fixing the potential issues that may or may not occur? Cyber attacks.

Software 97

Software Strategy Testing Advertising 97

datapine

APRIL 15, 2020

Your Chance: Want to test an agile business intelligence solution? Business intelligence is moving away from the traditional engineering model: analysis, design, construction, testing, and implementation. Test BI in a small group and deploy the software internally. Finalize testing. Without further ado, let’s begin.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

Smart Data Collective

NOVEMBER 12, 2021

Designed to test the efficacy of existing security controls and improve them, BAS spots vulnerabilities in security environments by mimicking the possible attack paths and methods that will be employed by hackers and other bad actors. To keep up with the rapidly evolving threats, organizations need a continuous approach in security testing.

Strategy 132

Strategy Enterprise Testing Cost-Benefit 132

Smart Data Collective

APRIL 5, 2021

Built-in Testing. Built-in tests provide real-time data to the developers about the website performance, functionality, usability, accessibility, compatibility, and security. A/B testing is another technique that can be used to get user responses on the design modifications made on the site.

Big Data 107

Big Data IT Data-driven Sales 107

CIO Business Intelligence

AUGUST 1, 2023

As many CIOs prepare their 2024 budgets and digital transformation priorities, developing a strategy that seeks opportunities to evolve business models, targets near-term operational impacts, prioritizes where employees should experiment, and defines AI-related risk-mitigating plans is imperative.

Digital Transformation 98

Digital Transformation Unstructured Data Strategy Experimentation 98

Alation

JULY 15, 2022

I recently led an online session, Data Monetisation and Governance , looking at the evolution of data governance , defining data ethics (from the Turing Institute ), and touching on the balancing act between using data to monetise (by increasing revenue, decreasing spend, or mitigating risk) and meeting ethical obligations. In Conclusion.

Cost-Benefit 89

Cost-Benefit Data Governance ROI Risk 89

datapine

JANUARY 6, 2022

Before any serious data analysis can begin, the scale of measurement must be decided for the data as this will have a long-term impact on data interpretation ROI. Typically, quantitative data is measured by visually presenting correlation tests between two or more variables of significance. Variables are exclusive and exhaustive.

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

CIO Business Intelligence

AUGUST 2, 2023

The best approach is continuous modernization, where the first iteration could include de-risking and onboarding new capabilities … for set objectives and KPIs.” He advises that relevant parties should include internal and external teams, technology providers, and application testing groups.

Consulting 92

Consulting Testing Software Cost-Benefit 92