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. In 2021 the tendency is not expected to slow down as in IoT sector alone cyberattacks are projected to double in the next five years. Lots of businesses have already moved to the cloud.

Strategy 132

Strategy Snapshot Risk IoT 132

CIO Business Intelligence

DECEMBER 15, 2022

To illustrate, from 2011 to 2021, IVL collected over 72 billion post-consumer PET bottles for recycling, which prevented 1.6 Additionally, striving for continuous improvement, we were looking for a solution to take our existing mechanical integrity program and strategies and integrate them with our maintenance and business processes.”

Risk 98

Risk Digital Transformation Software ROI 98

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. Whether it’s the EU’S General Data Protection Regulation (GDPR), China’s Personal Information Protection Law (PIPL) passed in 2021, or state-specific privacy laws in the US, the pressure is on to stay abreast and compliant of multiple regulations across borders.

Strategy 107

Strategy Data Strategy Cost-Benefit ROI 107

CIO Business Intelligence

JUNE 8, 2023

There’s a strong need for workers with expertise in helping companies make sense of data, launch cloud strategies, build applications, and improve the overall user experience. percent since 2021, according to Dice. Average salary: US$120,653 Increase since 2021: 15.6% Average salary: US$136,017 Increase since 2021: 14.1%

IT 140

IT Digital Transformation Software Risk 140

CDW Research Hub

DECEMBER 8, 2021

Unfortunately, the holidays can also bring an increased risk of data breaches. Three of the biggest attacks publicized in 2021 occurred over long holiday weekends: JBS USA, one of the largest meat producers in the world, paid $11 million to hackers in response to a ransomware event that occurred over Memorial Day weekend.

Strategy 88

Strategy Risk Consulting Data Governance 88

erwin

MAY 17, 2021

erwin by Quest just released the “2021 State of Data Governance and Empowerment” report. The report validates Quest’s newly launched Data Empowerment strategy and platform that bridges the gaps between data infrastructure, security and governance initiatives to mitigate risk and unleash more value from data.

Data Governance 99

Data Governance Data Quality Snapshot Reporting 99

Jet Global

JANUARY 14, 2021

Find new ideas and classic advice on strategy, innovation and leadership, for global leaders from the world’s best business and management experts. Coverage includes original reporting on new accounting standards, recent capital-raisings, risk management, and professional career development. Description. Publication Frequency.

Reporting 90

Reporting Finance Cost-Benefit Consulting 90

CIO Business Intelligence

AUGUST 1, 2022

Upgrading IT and data security to reduce corporate risk was the No. Almost half (49%) called out increasing cybersecurity protections as the top business initiative driving IT investments this year, up from 34% in 2021. The push for elevated cybersecurity protections is also filtering down into storage and data management requirements.

Strategy 98

Strategy Cost-Benefit Risk Management 98

CIO Business Intelligence

FEBRUARY 24, 2023

To keep ahead of cybercriminals, organizations must remain agile, pivoting to embrace new strategies and technologies whenever necessary in order to outrun attacks. For example, suppose an organization has multiple teams or departments responsible for different parts of its cybersecurity strategy.

Strategy 105

Strategy ROI Consulting Technology 105

Rocket-Powered Data Science

JUNE 17, 2022

For example, I wrote this in 2021: “Observability emerged as one of the hottest and (for me) most exciting developments of the year. Observability is a business strategy: what you monitor, why you monitor it, what you intend to learn from it, how it will be used, and how it will contribute to business objectives and mission success.

Machine Learning 238

Machine Learning Recreation/Entertainment Risk Business Objectives 238

CIO Business Intelligence

MARCH 15, 2023

Endpoint security requires a comprehensive and flexible strategy that goes way beyond what security teams relied on a decade or more ago. They increased 23% from 2021 to 2022. In 2021, 26% of attacks led to disruptions that lasted a week or longer. And they are becoming more frequent, increasing 65% between 2019 and 2021.

Strategy 96

Strategy Management Software Risk 96

CIO Business Intelligence

DECEMBER 5, 2023

The Colonial Pipeline attack in 2021 is one of the most well-known examples of a major OT attack; the attack prompted a temporary shutdown of nearly half the gasoline and jet fuel supply delivered to the East Coast. Why is this sector at such risk? That led to fuel shortages and price hikes.​​ Applying Zero Trust policies.

Technology 105

Technology Strategy Manufacturing Digital Transformation 105

CIO Business Intelligence

MARCH 15, 2022

According to Gartner analyst Svetlana Sicular, by 2024, 60% of the data used for the development of AI and analytics solutions will be synthetically generated, up from 1% in 2021. Artificial data has many uses in enterprise AI strategies. Synthetic data use cases.

Strategy 145

Strategy Testing Sales Modeling 145

CIO Business Intelligence

MAY 16, 2023

In some instances, organizations undertook a thoughtful and planned approach to their multicloud strategies. To truly take advantage of the promise of multicloud, organizations must adopt a multicloud-by-design strategy. There’s another way to approach the challenge of the multicloud operating model.

Strategy 98

Strategy Cost-Benefit Optimization Modeling 98

Cloudera

MAY 12, 2021

And it is with this in mind, that we’re delighted to announce that the 2021 Cloudera Data Impact Awards is now open for entries. The 2021 Cloudera Data Impact Award categories aim to recognize organizations that are using Cloudera’s platform and services to unlock the power of data, with massive business and social impact.

Digital Transformation 70

Digital Transformation Machine Learning Optimization Data Lake 70

Cloudera

NOVEMBER 18, 2021

Given the way we have seen communities and workplace cultures come together and stand for change over what has been a disruptive 20 months, we are proud to introduce the People First category to the 2021 DIA. So, without further ado, it is with great delight that we officially publish the 2021 Data Impact Award winners! Data for Good.

Data Lake 77

Data Lake Cost-Benefit Digital Transformation Risk 77

CIO Business Intelligence

APRIL 27, 2023

increase from 2021. The CIO typically ranks the highest in an IT department, responsible for managing the organization’s IT strategy, resources, operations, and overall goals. The CIO typically ranks the highest in an IT department, responsible for managing the organization’s IT strategy, resources, operations, and overall goals.

IT 116

IT Software Risk Management 116

CIO Business Intelligence

MAY 26, 2023

Of those surveyed, only 9% of respondents said they felt certifications weren’t necessary for their role, down from 12% in 2021. Similarly, 12% of respondents said they were currently working toward earning a certification, up from 9% in 2021. According to the data from Dice, that is a 1% increase from 2021.

IT 124

IT Reporting Risk Consulting 124

CIO Business Intelligence

MARCH 15, 2023

In reality, generative AI presents a number of new and transformed risks to the organization. A second, more pernicious risk is the fact that ChatGPT can write malware. The malware itself continues to evolve, as do the criminal strategies of the perpetrators. Such is the nature of cybersecurity risk management.

Digital Transformation 126

Digital Transformation Risk Risk Management Strategy 126

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 75

Data Strategy Strategy Enterprise Data-driven 75

CIO Business Intelligence

AUGUST 20, 2024

The cloud computing revolution brought with it many innovations, but also lessons about the pitfalls of rapidly adopting new technologies without a well-planned strategy. Applying shadow IT’s lessons to Generative AI As organizations build their AI strategies, the lessons from the cloud era can be particularly invaluable.

Strategy 138

Strategy ROI Data-driven Data Processing 138

Smart Data Collective

OCTOBER 20, 2021

However, this opens traders up to significant risk, given how turbulent individual cryptocurrencies can be. The April 2021 public listing of cryptocurrency exchange Coinbase on the Nasdaq Stock Market is one major example of investing in blockchain technology through a company’s stock.

Risk 131

Risk Technology Strategy Marketing 131

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Today, big data is about business disruption.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

SEPTEMBER 13, 2022

Cyber risk is increasingly a top executive priority, due in large part to the rising number of unplanned outages, driven by the increasingly sophisticated cyberattacks and widening skills gap. What’s the answer to coping with the dynamic nature of risks? And the problem can’t be ignored. Find more about it here. [1] Cloud Management

Digital Transformation 97

Digital Transformation Risk Risk Management Publishing 97

Smart Data Collective

MAY 10, 2022

For example, banks now apply AI to assess credit risks with high accuracy. 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. AI in fintech is here to stay. from 2022 to 2027.

Marketing 128

Marketing Technology Insurance Machine Learning 128

Smart Data Collective

APRIL 1, 2021

As a business owner, you can’t afford to overlook the importance of a sound data security strategy. Data Security Strategies that Your Business Should Follow in 2021. They can go a long way towards shielding your company from the risks associated with them. Data security has become more important than ever.

Finance 138

Finance Sales Strategy Software 138

Cloudera

MARCH 22, 2022

Against that backdrop, Mergers and Acquisitions (M&A) activity has surged since 2021 as companies are trying to take advantage of the current environment and adapt to the new business realities shaped by the global pandemic. Improve strategic decision making by enabling all foundational capabilities for data democratization (e.g.,

Strategy 80

Strategy Cost-Benefit Risk Data Processing 80

John Wheeler

AUGUST 17, 2021

The world of risk is growing more complex and dynamic as organizations navigate challenges associated with COVID-19, privacy, ethics and compliance, ESG, cybersecurity and digital business. These challenges continue to drive Gartner client demand and inquiry for integrated risk management (IRM) products and services.

Risk Management 52

Risk Management Risk Forecasting Publishing 52

Jet Global

DECEMBER 17, 2020

Tufte summarizes his observations on the importance of data visualization: “Had the correct scatterplot or data table been constructed, no one would have dared to risk the Challenger in such cold weather.”. Let’s look at some key trends in data visualization for 2021. Trend One: Democratization of Data Visualization Tools.

Visualization 72

Visualization Finance Reporting Sales 72

CIO Business Intelligence

APRIL 5, 2024

This year, lawmakers in the state are considering Senate Bill 2 , which would require organizations deploying AI for consequential “high-risk” decisions to develop risk management policies. Last year, the Connecticut General Assembly passed Senate Bill 1103 , which regulates state procurement of AI tools.

Risk 132

Risk Insurance Interactive Strategy 132

Smart Data Collective

DECEMBER 5, 2021

There were nearly 1,300 data breaches between January 1, 2021 and September 30, 2021. Organizations continue to identify strategies to improve security protocols and practices for remote teams when they would have otherwise been using a secure network. IT only gets involved if there’s a high-risk flag. Efficient Access.

Internet of Things 138

Internet of Things Risk Big Data IoT 138

Andrew White

NOVEMBER 6, 2022

I used the term, “sovereign data strategy” to denote the idea that notable sovereign states had a legitimate person or team working behind the scenes. US Federal Data Strategy. The original research is published here (see Trends 2023: Rise and Risks From EU, U.S., California’s CCPA. Data Security. March, 2022.

Data Strategy 52

Data Strategy Strategy Risk Publishing 52

Smart Data Collective

APRIL 24, 2022

million in 2021 , which is a figure that grows every year. An extremely good principle and starting point would be to honestly quantify the cybersecurity risk in your organization. They have led to a growing number of data breaches, which are creating major concerns for people all over the world.

Data Processing 134

Data Processing Risk Measurement Technology 134

Smart Data Collective

JULY 7, 2022

Data Analytics Helps Investors Create More Profitable Strategies. Unfortunately, coming up with a good stock market strategy can be challenging due to the efficient market hypothesis. If you really want to make the most of your investing strategy, then you are going to want to utilize data analytics to the best of your ability.

Marketing 145

Marketing Data Analytics Analytics Data mining 145

CIO Business Intelligence

JULY 2, 2024

This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments. In terms of value, this move was designed to enhance customer service, mitigate risks, and boost efficiency, showing substantial benefits to stakeholders.

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111

CIO Business Intelligence

JUNE 14, 2022

But in 2021, Harvard Business Review noted that the average tenure of a CDO is between two and two-and-a-half years. Companies that commit to treating data as a product and to transforming their culture are the ones that succeed, says Doug Laney, innovation fellow of data and analytics strategy at West Monroe.

Data Transformation 145

Data Transformation Data-driven Data Strategy Strategy 145

Smart Data Collective

JUNE 1, 2022

The International Association of Privacy Professionals reports that there were 1,862 data breaches in 2021 alone. Those that do not risk bankruptcy, as the costs of data breaches are horrifying. Such information includes financial data, quarterly reports, upcoming business strategies, marketing strategies, etc.

Revenue Optimization 145

Revenue Optimization Measurement Marketing Interactive 145