Smart Data Collective

MAY 7, 2023

million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks. What is cyber risk?

Digital Transformation 105

Digital Transformation Risk Strategy Testing 105

IBM Big Data Hub

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.

Strategy 85

Strategy Cost-Benefit Testing Manufacturing 85

Smart Data Collective

DECEMBER 26, 2022

Let’s get started with a comprehensive cybersecurity strategy for your small business. The first step of a well-planned cybersecurity strategy is identifying the avenues of attack in your system. Before prioritizing your threats, risks, and remedies, determine the rules and regulations that your company is obliged to follow.

Strategy 131

Strategy Testing Risk Software 131

IBM Big Data Hub

SEPTEMBER 13, 2023

As data leaks on the dark web continue to make headlines, organizations face heightened pressure to reinforce their breach containment strategies. Incorporating an effective attack surface management tool into your security strategy can significantly help you mitigate the risks of data breaches.

Risk 107

Risk Management Strategy Measurement 107

Smart Data Collective

AUGUST 21, 2022

The process of ensuring that your product or software is of the best quality for your clients is referred to as quality assurance testing or QA testing. Performing Quality Assurance Testing with a Security Approach. AI Can Improve Manual Testing in Addition to Automated Testing.

Testing 85

Testing Risk Software Technology 85

CIO Business Intelligence

JULY 31, 2023

They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies. Here’s a rundown of the top 20 issues shaping gen AI strategies today. says CIOs should apply agile processes to their gen AI strategy.

Strategy 98

Strategy Risk Enterprise Risk Management 98

Smart Data Collective

MARCH 23, 2023

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. Automate Your Testing AI technology can also help create other AI applications. One of the benefits is that it can help with automating coding and testing.

Software 114

Software Strategy Cost-Benefit Testing 114

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 109

Strategy Risk ROI Sales 109

IBM Big Data Hub

MAY 8, 2023

This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI. Risk and limitations of AI The risk associated with the adoption of AI in insurance can be separated broadly into two categories—technological and usage.

Insurance 77

Insurance Risk Testing Data Quality 77

CIO Business Intelligence

AUGUST 22, 2023

This article explores effective strategies that empower organizations to safeguard their systems and valuable data. Strategy 1: Implement strong authentication and authorization mechanisms Enforcing robust authentication and authorization mechanisms is a fundamental step in preventing API abuse.

Strategy 98

Strategy Measurement Testing Software 98

DataRobot Blog

APRIL 29, 2022

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111

Risk Modeling IT Risk Management 111

IBM Big Data Hub

SEPTEMBER 6, 2023

According to the IBM survey, when CMOs were asked what they thought the primary challenges were in adopting generative AI, they listed three top concerns: managing the complexity of implementation, building the data set and brand and intellectual property (IP) risk. With the right generative AI strategy, marketers can mitigate these concerns.

Marketing 125

Marketing Strategy B2B Cost-Benefit 125

CIO Business Intelligence

JUNE 9, 2023

It’s a time-tested truth: Getting a head start improves outcomes. Such is the case with a data management strategy. For example, smart hospitals employ effective data management strategies. Despite its potential benefits, many organizations grapple with having real ROI conversations about a data management strategy.

Strategy 116

Strategy Management Key Performance Indicator ROI 116

Smart Data Collective

NOVEMBER 12, 2021

To address newer challenges, security providers have developed new technologies and strategies to combat evolving threats. To get acquainted with the ways security firms are handling the new breed of threats in cyberspace, here’s a rundown of the notable strategies the leading cybersecurity platforms and security firms are offering.

Strategy 132

Strategy Enterprise Testing Cost-Benefit 132

CIO Business Intelligence

MARCH 9, 2022

Today’s cloud strategies revolve around two distinct poles: the “lift and shift” approach, in which applications and associated data are moved to the cloud without being redesigned; and the “cloud-first” approach, in which applications are developed or redesigned specifically for the cloud.

Strategy 145

Strategy Consulting Risk Testing 145

CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145

Risk Consulting Machine Learning Data Science 145

CIO Business Intelligence

JULY 31, 2023

For those companies operating on a calendar year, the end of summer signals the start of annual planning and the mad dash to prepare their IT strategies. Your answers will lay the foundation for your strategy and highlight where your story needs work if you want to avoid fire drills in the eleventh hour. IT Strategy

Strategy 98

Strategy IT Cost-Benefit Finance 98

CIO Business Intelligence

MARCH 18, 2024

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. Digital operational resilience testing : Sets out guidance for testing of existing recovery strategies to identify potential vulnerabilities.

Risk Management 120

Risk Management Insurance Risk Testing 120

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 78

Risk Modeling Risk Management Measurement 78

CIO Business Intelligence

OCTOBER 16, 2023

Two significant changes have prompted a reassessment: first, business transformation projects necessitate comprehensive process evaluations, so the two domains can’t be viewed separately anymore; second, the growing emphasis on security has highlighted the substantial risks of using outdated, unmonitored technology.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

CIO Business Intelligence

APRIL 5, 2024

The EU and US want to foster scientific information exchange between AI experts on either side of the Atlantic in areas such as developing benchmarks and assessing potential risks. The US government has, however, taken steps to put its own house in order by developing a strategy on the use of AI for federal agencies.

Risk 130

Risk Testing Consulting Machine Learning 130

IBM Big Data Hub

JUNE 20, 2023

Here’s what you need to know in order to build a successful strategy. Digital twins allow companies to run tests and predict performance based on simulations. We’ll go deeper into EAMs, the technologies underpinning them and their implications for asset lifecycle management strategy in another section.

Strategy 81

Strategy Management Cost-Benefit IoT 81

CIO Business Intelligence

MARCH 15, 2022

Synthetic data can also be a vital tool for enterprise AI efforts when available data doesn’t meet business needs or could create privacy issues if used to train machine learning models, test software, or the like. Artificial data has many uses in enterprise AI strategies. Synthetic data use cases. Synthetic data generation.

Strategy 145

Strategy Testing Modeling Sales 145

Smart Data Collective

NOVEMBER 4, 2021

Cyberattacks have been named one of five top-rated risks in 2020, according to Global Risks Report for both private individuals and businesses. Cyber resilience covers cyber security, as well as risk mitigation, business contiguity, and business resilience. Lots of businesses have already moved to the cloud.

Strategy 119

Strategy Snapshot Risk IoT 119

DataRobot Blog

MAY 26, 2022

In this post, we will dive deeper into how members from both the first and second line of defense within a financial institution can adapt their model validation strategies in the context of modern ML methods. This may be accomplished through a wide variety of tests, to develop a deeper introspection into how the model behaves.

Risk 52

Risk Modeling Metrics Business Objectives 52

CIO Business Intelligence

MAY 3, 2024

During pilot testing, UPS earned 50% reduction in the time agents spent resolving e-mails. Firms are very concerned that without applying genAI to customer-facing apps, they are at high risk of disruption.” Going forward, UPS will take a multifaceted approach to its generative AI strategy and will evaluate each framework.

Testing 136

Testing Sales Enterprise Digital Transformation 136

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 98

Software Strategy Testing Advertising 98

IBM Big Data Hub

APRIL 12, 2022

My first task as a Chief Data Officer (CDO) is to implement a data strategy. Over the past 15 years, I’ve learned that an effective data strategy enables the enterprise’s business strategy and is critical to elevate the role of a CDO from the backroom to the boardroom. Mitigating risk. Understand your strategic drivers.

Data Strategy 86

Data Strategy Strategy Enterprise Data-driven 86

CIO Business Intelligence

APRIL 5, 2024

Senate Bill 1047 , introduced in the California State Legislature in February, would require safety testing of AI products before they’re released, and would require AI developers to prevent others from creating derivative models of their products that are used to cause critical harms.

Risk 132

Risk Interactive Insurance Strategy 132

CIO Business Intelligence

APRIL 12, 2024

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

Experimentation 143

Experimentation Reporting Testing Statistics 143

CIO Business Intelligence

JANUARY 4, 2024

” We can’t forget every CISO’s favorite: “ How much will this reduce our cybersecurity risk? ” Get those in place, and you’ll reduce risks, build momentum, and gain buy-in for your cyber program. Get those in place, and you’ll reduce risks, build momentum, and gain buy-in for your cyber program. No budget is unlimited.

Testing 135

Testing Risk Strategy Management 135

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

CIO Business Intelligence

MARCH 12, 2024

Here are three strategies for getting it done. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time.

ROI 122

ROI IT Manufacturing Metrics 122

IBM Big Data Hub

FEBRUARY 6, 2024

Organizations that neglect to develop reliable cyber and disaster recovery strategies expose themselves to a broad range of threats that can have devastating consequences. A strong cyber recovery strategy includes a detailed plan that outlines how an organization will respond to a disruptive cyber incident.

Cost-Benefit 101

Cost-Benefit Testing Risk Strategy 101

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 56

Enterprise Risk Strategy ROI 56

CIO Business Intelligence

DECEMBER 7, 2023

In his current role as chief information and digital officer at WestRock, he’s responsible for developing and executing global information systems, technology, and cybersecurity strategy in addition to leading the company’s digital transformation. Space to take some risk and try new things has to be an expectation.

Testing 105

Testing Risk Marketing IoT 105

DataKitchen

MARCH 5, 2024

The Stakeholder Confidence Crisis Relying on hope as a data accuracy and integrity strategy is fraught with risks. Implementing rigorous DataOps Observability practices, including automated testing, observability tools, and a culture of continuous improvement, can transform how your team addresses data reliability and accuracy.

Data Quality 150

Data Quality Measurement Testing Data-driven 150