Smart Data Collective

AUGUST 27, 2020

There are many reasons that this is important if you want to minimize disruption to your supply chain in 2020. It’s important to know how to protect your own firm from spend risk, supply chain disruption while enhancing the company’s ability to thrive. It’s difficult to mitigate supply chain risk in the best of times.

Risk Management 116

Risk Management Risk Management Software 116

Andrew White

AUGUST 7, 2020

Hype Cycle for Enterprise Information Management, 2020 Hype around data and analytics continues at fever pitch, driven in part by increased demands related to COVID-19. Hype Cycle for Artificial Intelligence, 2020 Enterprises are making tangible progress with AI initiatives, but also many mistakes.

Publishing 104

Publishing Analytics Machine Learning Data-driven 104

O'Reilly on Data

APRIL 19, 2021

In our 2020 survey, which reached the same audience, we had 1,239 responses. This is almost exactly in line with the results from 2020, where 25% of the respondents reported that they had products in production (“Mature” wasn’t a possible response in the 2020 survey.). Risks checked for during development.

Enterprise 358

Enterprise Risk Modeling Manufacturing 358

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR.

Risk 104

Risk Marketing Risk Management Data-driven 104

Cloudera

NOVEMBER 18, 2020

With this functionality, business units can now leverage big data analytics to develop better and faster insights to help achieve better revenues, higher productivity, and decrease risk. . The post Announcing the 2020 Data Impact Award Winners appeared first on Cloudera Blog. Data Champions . Winner: OVO. Enterprise Data Cloud.

Internet Publishing and Broadcasting 124

Internet Publishing and Broadcasting Data-driven Broadcasting Digital Transformation 124

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 98

Risk Digital Transformation Software ROI 98

KDnuggets

JANUARY 10, 2020

Deepfakes have instilled panic in experts since they first emerged in 2017. Microsoft and Facebook have recently announced a contest to identify deepfakes more efficiently.

Risk 124

Risk 124

Smart Data Collective

APRIL 10, 2020

Most accounting systems track risk assessments. The post Can AI Slash the Costs of Accounting Errors in 2020? Machine learning technology can identify accounting needs for different departments based on new trends. You can account for this by integrating these trends into your accounting system.

Machine Learning 119

Machine Learning Cost-Benefit Big Data Forecasting 119

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. Now, the first of those areas is definitely risk and portfolio management. So, both data and algorithms become important as we look to assess risk and portfolio management. Management.

Risk Management 128

Risk Management Risk Enterprise Management 128

Cloudera

JULY 21, 2021

This is the category for Cloudera customers whose IT administration provides the agility business requires, without putting organizations at risk, and who are embracing a pattern of technology adoption that prioritizes speed. OVO – 2020’s Data Champion award winner . Winning the award for OVO UnCover was a humbling experience.

Insurance 96

Insurance Data-driven Machine Learning Marketing 96

IBM Big Data Hub

OCTOBER 23, 2023

A robust risk management strategy that takes full advantage of an enterprise’s hybrid multicloud environment and on-premises infrastructure can neutralize those vulnerabilities and deliver business resilience while unlocking innovation. The post 3 keys to building a robust hybrid cloud risk strategy appeared first on IBM Blog.

Risk 84

Risk Strategy Risk Management Digital Transformation 84

O'Reilly on Data

JULY 20, 2021

It comes down to a key question: is the risk associated with an action greater than the trust we have that the person performing the action is who they say they are? When we consider the risk associated with an action, we need to understand its privacy implications. There is a tradeoff between the trust and risk. Source: [link].

Risk 306

Risk Software Interactive Modeling 306

IBM Big Data Hub

OCTOBER 9, 2023

The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%. This helps the risk control and limits the probability of the occurrence of data leaks or cyberattacks. Patient Safety : Ensuring that mobile medical devices are safe and reliable is a must.

Risk Management 76

Risk Management Risk Management Measurement 76

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

OCTOBER 2, 2024

Risk management Imagine if you had to evacuate a six-mile radius due to a toxic substance being released into the air from one of your plants, such as what happened in 2020 at a well-known company’s food plant in Camilla, GA. Identify gaps related to ethics, transparency, risk and compliance.

Gap analysis 119

Gap analysis Risk Manufacturing Data Governance 119

erwin

DECEMBER 3, 2020

To manage not only risk but also to grow and compete effectively requires the ability to deal with both planned and unplanned change. Backed by a flexible metamodel and deep metadata-driven automation, the updated erwin DI uniquely addresses both IT and business data governance needs to safeguard against risks and harness opportunities.

Metadata 141

Metadata Data Governance Data-driven Digital Transformation 141

Smart Data Collective

NOVEMBER 3, 2021

They currently spend just under $4 billion in 2020. The Deloitte report says that in the second quarter of 2020 the largest 100 banks in the USA reported $103.4 2020 became the year when a lot of customers first experienced their remote interaction with banks and enjoyed it. The banking industry is among them.

Software 127

Software Data-driven Interactive Insurance 127

O'Reilly on Data

APRIL 23, 2024

In 2020, when my own company released O’Reilly Answers , a plain language search engine based on BERT for the content on the O’Reilly platform , I was struck by how, for the first time, we could search our own content better than Google could. It’s unclear whether this was a lack of imagination or a kind of “ strategy tax.” I think not.

Advertising 276

Advertising Cost-Benefit Marketing Risk 276

Smart Data Collective

MARCH 2, 2023

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. It helps companies operate more efficiently, tap larger markets of customers, and solve some of their most complex challenges. In 2023, big data Is no longer a luxury.

Big Data 90

Big Data Uncertainty Risk Data mining 90

Dataiku

NOVEMBER 17, 2021

For many years, AI was an experimental risk for companies. As of 2020, 68% of enterprises had used AI, having already adopted AI applications or introduced AI on some level into their business processes. Today, AI is not a brand new concept and most enterprises have at least explored AI implementation.

ROI 110

ROI Enterprise Experimentation Risk 110

erwin

SEPTEMBER 3, 2020

You can collect complete application ecosystem information; objectively identify connections/interfaces between applications, using data; provide accurate compliance assessments; and quickly identify security risks and other issues. You can better manage risk because of real-time data coming into the EA space.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

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. Management of ICT third-party risk : Tasks firms with ensuring any third-party vendor is aligned with its security and digital resilience capabilities. What is DORA?

Risk Management 120

Risk Management Insurance Risk Testing 120

erwin

AUGUST 28, 2020

Put simply, DG is about maximizing the potential of an organization’s data and minimizing the risk. For the full list of drivers and deeper insight into the state of data governance, get the free 2020 State of DGA report here. A single unit of data in isolation can’t do much, but the sum of an organization’s data can prove invaluable.

Data Governance 145

Data Governance IT Cost-Benefit Metadata 145

Smart Data Collective

MAY 10, 2022

For example, banks now apply AI to assess credit risks with high accuracy. billion in 2020. They include; Credit risk assessment. Credit risk assessment entails estimating the probability of a prospective borrower failing to repay a loan. billion to bank fraud in 2021 , up 70% from 2020.

Marketing 120

Marketing Technology Insurance Machine Learning 120

CIO Business Intelligence

DECEMBER 4, 2024

Three examples of modernization can be seen in our markets and payments businesses, as well as Chase.com for flagship platforms and markets and payments, massive amounts of elastic compute and modern cloud services have helped us analyze risk and market volatility,” she said.

Experimentation 122

Experimentation Risk Marketing Enterprise 122

Smart Data Collective

NOVEMBER 19, 2020

Unfortunately, we have witnessed lots of tragedies in 2020. AI Trends in Cybersecurity for 2020 and the Coming Year. According to polls, over 60% of companies in most industries use AI to fight against these risks. These tools provide a lot of opportunities to streamline work, but they also create some security risks as well.

Risk 124

Risk Cost-Benefit Machine Learning Measurement 124

Smart Data Collective

DECEMBER 15, 2022

As the US Government Accountability Office warns, “ internet-connected technologies can improve services, but face risks of cyberattacks.” IEC 62443 or the International Electrotechnical Commission standard 62443 is a series of standards created to counter cyber risks involving operational technology in automation and control systems.

IoT 110

IoT Internet of Things Manufacturing Risk 110

erwin

JANUARY 30, 2020

The 2020 State of Data Governance and Automation (DGA) report is a follow-up to an initial survey we commissioned two years ago to explore data governance ahead of the European Union’s General Data Protection Regulation (GDPR) going into effect. Defining Data Governance: What Is Data Governance? . Most have only data governance operations.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

O'Reilly on Data

MAY 25, 2021

I’d like to share my thoughts on GPT-3 in terms of risks and countermeasures, and discuss real examples of how I have interacted with the model to support my learning journey. The GPT-3 paper proactively lists the risks society ought to be concerned about. Misinformation Explosion. represents a concerning milestone.”

Modeling 350

Modeling Marketing Testing Machine Learning 350

Cloudera

AUGUST 3, 2021

January 2020 is a distant memory, but for most, the early days of the pandemic was a time that will be ingrained in memories for decades, if not generations. Consider that e-commerce’s acceleration due to the pandemic saw retailers’ digital sales penetration realize 10 years of growth in just the first three months of 2020 alone. .

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

CIO Business Intelligence

SEPTEMBER 22, 2022

In 2020, research found that nearly 90% of CISOs considered themselves under moderate or high levels of stress. According to CIISec’s 2020/21 State of the Profession report , which surveyed 557 security professionals, stress and burnout have become major issues, with almost half (47%) working more than 41 hours a week, and some up to 90.

Management 124

Management Uncertainty Testing Data Processing 124

Dataiku

FEBRUARY 16, 2021

Insurance is one of the many industries that has been tremendously shaken by the events of 2020. These unprecedented happenings are significantly reshaping the insurance market, pushing insurers to review their approach to numerous sectors and risks.

Insurance 98

Insurance Marketing Risk 98

Smart Data Collective

OCTOBER 13, 2020

Predictive analytics have become even more influential in the future of altcoins in 2020. But it’s clear they need help in choosing the best altcoins to buy from the more than 2000 high-risk cryptocurrencies available. That appears unlikely, however, even with the momentum of the 2020 altcoin season driving continued growth.

Predictive Analytics 101

Predictive Analytics Analytics Forecasting Marketing 101

Smart Data Collective

APRIL 16, 2021

The World Economic Forum has included cyber-attacks and data breaches in the list of top global risks in 2020. Cyber-attacks have emerged as a big threat to the world. The problems associated with data breaches cannot possibly be overstated. The average data breach cost $3.86

Enterprise 144

Enterprise Data-driven Data Processing Risk 144

erwin

OCTOBER 16, 2020

The global pandemic in 2020 has accelerated digital transformation and amplified the value of data in what will become the next normal as the global economy struggles through recovery. 1 of erwin Insights 2020, our virtual conference on enterprise modeling and data governance/intelligence.

Internet of Things 145

Internet of Things Data-driven Uncertainty Data Governance 145

DataKitchen

OCTOBER 5, 2022

A 2020 Gartner survey revealed that 56% of engineer time is spent on operational tasks and addressing errors, not on innovations and customer requests. Why has the company never addressed this kind of risk? There’s a similar risk when teams do not understand the status of development processes and deployments to production.

Testing 182

Testing Risk Data Processing Statistics 182