DataRobot Blog

APRIL 29, 2022

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. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

Risk 111

Risk Modeling IT Risk Management 111

Smart Data Collective

MAY 17, 2023

In 2022, over 422 million individuals were affected by over 1,800 data breaches. According to the Identity Theft Resource Center’s 2022 Data Breach Report, the number of data breaches decreased slightly in 2022 from the number reported in 2021. Data breaches have become frighteningly common in recent years.

Risk 115

Risk Measurement Software Management 115

IBM Big Data Hub

OCTOBER 23, 2023

1] Managing complex business operations across a hybrid multicloud environment presents leaders with unique challenges, not least of which are cyberthreats that can bring essential business functions to a halt—potentially for days, weeks or months. 2] Cost of a Data Breach Report 2023 , IBM Security®, July 2023. [3]

Risk 84

Risk Strategy Risk Management Digital Transformation 84

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” The average cost of a data breach is $4.64

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

NOVEMBER 23, 2022

Organizations that scored in the top quartile for EA maturity in a recent Bizzdesign survey were three times more likely to report having organizational agility, which has been crucial during the past few years with the COVID-19 pandemic. Enterprise architect role Enterprise architects typically report to the CIO or other IT managers.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

Jet Global

JULY 21, 2022

July 21, 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today launched its annual Finance Team Trends Report. With 63 percent of finance teams now reporting a “high level” of digitization, they have become significantly more efficient in their day-to-day tasks.

Digital Transformation 52

Digital Transformation Finance Reporting Interactive 52

IBM Big Data Hub

JUNE 13, 2022

Trustworthy outcomes are critical for all AI systems, particularly in high-risk contexts, and this is a key factor in why the market for responsible AI solutions is expected to double in size in 2022 [2]. RegTech will play a central role in AI governance practices in 2022 and beyond. References. [1] 1] [link]. [2] 2] [link]. [3]

Risk 98

Risk Risk Management Data-driven Metrics 98

CIO Business Intelligence

JULY 14, 2022

Rather than simply investing in technology, and hoping for the best, however, IT leaders need to be strategic and undertake risk management that best suits their business profile. As noted in a report by PwC , an effective security response still typically involves getting the basic best practices right.

Digital Transformation 98

Digital Transformation IoT Business Objectives Risk Management 98

CIO Business Intelligence

JUNE 26, 2023

The average mortgage requires 280 pages 2 of documents to be prepared, verified, and checked, contributing to an average cost of more than $11,000 in production expenses 3 per loan in the third quarter of 2022. Machine-managed risk Risk management is a top-of-mind issue for all financial services firms.

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Data-driven Insurance Risk Risk Management 98

CIO Business Intelligence

APRIL 27, 2023

The past year was rough for the tech industry, with several companies reporting layoffs and the looming threat of a recession. And according to the latest 2023 Dice Tech Salary Report , you don’t need to reach for an executive career in IT to earn a six-figure salary. as of January. increase from 2021.

IT 116

IT Software Risk Management 116

CIO Business Intelligence

APRIL 29, 2022

A recent report by Enterprise Strategy Group, commissioned by Hewlett Packard Enterprise, explains why data-first thinking matters: because they move faster than their competitors. Key features of data-first leaders. Data-first leaders are: 11x more likely to beat revenue goals by more than 10 percent. Create a CXO-driven data strategy.

Digital Transformation 132

Digital Transformation Data-driven Strategy Data Strategy 132

IBM Big Data Hub

OCTOBER 4, 2022

IBM Global AI Adoption Index 2022.). Risk Management: Manage risk and compliance to business standards, through automated facts and workflow management. Model risk management is used to identify, manage, monitor and report on risk and compliance initiatives at scale.

Metadata 97

Metadata Risk Management Risk Experimentation 97

IBM Big Data Hub

APRIL 11, 2023

As reflected in the IBM Impact Report , we are working hard to serve as an example for our industry peers, partners, and fellow leaders on how to build a positive impact by implementing technology ethics and committing to trust and transparency in our practices and products on a global scale.

Reporting 56

Reporting Risk Risk Management Technology 56

IBM Big Data Hub

APRIL 21, 2023

The Corporate Sustainability Reporting Directive (CSRD) reached a provisional political agreement in June 2022, signaling it will take effect in January 2024 for all relevant companies. This move aims to achieve more complete and transparent sustainability reporting across the region. CSRD on track to enter into force in 2024.

Reporting 43

Reporting Metrics Risk Strategy 43

IBM Big Data Hub

FEBRUARY 8, 2024

1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions. The CDP encouraged institutional investors to ask companies to report on their climate impact. Explore IBM Envizi 1.

Measurement 77

Measurement Metrics Reporting Strategy 77

CIO Business Intelligence

SEPTEMBER 19, 2022

Bustle.com reports that nearly 20 different countries have Black Friday sales of their own. Carrefour chose SAP S/4HANA as the only system that would cover their entire process from origination, risk management, and logistics through back-office processes like finance, accounting, and tax to operational processes.

Technology 89

Technology Cost-Benefit Sales Finance 89

CIO Business Intelligence

JULY 7, 2022

By Rob Greer, Vice President and General Manager, Symantec Enterprise Division. As the GM of Symantec , I had the good fortune of being able to attend both the Gartner Security & Risk Management Summit and the 2022 RSA Conference the week of June 6.

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Advertising Enterprise Risk Management Risk 98

Smart Data Collective

APRIL 22, 2020

The software development market expects to have a turnover of approximately $500 billion by 2022. They report to the scrum master. Such a model is employed for large-scale projects that take into account risk management. Analysis of Risk: The team analyzes the risk and find solutions for existing problems.

Data-driven 115

Data-driven Software Big Data Testing 115

CIO Business Intelligence

MARCH 27, 2023

According to the 2023 State of the CIO research , which surveyed 837 IT leaders and 201 line of business (LOB) participants, functional and transformational work consumed the bulk of IT leaders’ time this year, much the same as 2022. Chief security officers and chief analytics officers are also more likely to report into IT leadership.

Strategy 109

Strategy Digital Transformation Insurance Technology 109

CIO Business Intelligence

APRIL 20, 2022

In its State of Ransomware 2021 report, Sophos reported that that 38% of the UAE tech executives polled said they were attacked with ransomware during the past year. End-user spending on security and risk management in the Middle East and North Africa (MENA) is forecast to total US$2.6

Forecasting 52

Forecasting Risk Management Reporting Risk 52

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. Consider investor expectations around net-zero targets.

Reporting 78

Reporting Consulting Risk Metrics 78

AWS Big Data

JULY 16, 2024

SIEM solutions help you implement real-time reporting by monitoring your environment for security threats and alerting on threats once detected. In 2022, Zurich began a multi-year program to accelerate their digital transformation and innovation through the migration of 1,000 applications to AWS, including core insurance and SAP workloads.

Insurance 130

Insurance Management Cost-Benefit Optimization 130

CIO Business Intelligence

MAY 30, 2023

3, with 55% of responding IT leaders listing this area) and risk management (at No. Like others, Ang says these initiatives are ongoing, noting that EtonHouse has been focused on migrating to the cloud for several years and that the other initiatives are carried over from 2022. 9, with 47% involved in such).

IT 131

IT Risk Optimization Technology 131

IBM Big Data Hub

SEPTEMBER 15, 2023

For the first wave of companies affected, sustainability reports will be required as soon as fiscal year 2024. Moreover, the International Sustainability Standards Board (ISSB) released the final versions of its first two global sustainability disclosure standards for financial reporting (the ISSB Standards) at the end of June 2023.

Reporting 72

Reporting Risk Data-driven Publishing 72

CIO Business Intelligence

JULY 31, 2023

The adoption curve here is by no means gradual, with most enterprise leaders quickly working to harness the technology’s potential mere months after the November 2022 launch of gen AI tool ChatGPT kicked off a wave of enthusiasm (and worry). Douglas Merrill, a partner at management consulting firm McKinsey & Co.,

Strategy 98

Strategy Risk Enterprise Risk Management 98

Jet Global

MARCH 1, 2022

March 1, 2022 – insightsoftware , a global provider of financial reporting and performance management solutions for the Office of the CFO, today announced the appointment of Laura Hanson as Chief Human Resources Officer (CHRO). Raleigh, N.C., About insightsoftware.

Risk Management 52

Risk Management Forecasting Consulting Reporting 52

Alation

DECEMBER 8, 2022

But by reviewing the offerings of the leading 18 vendors, Forrester Research’s new report, The Data Governance Solutions Landscape, Q4 2022 , can help you narrow your options based on core and extended features, size, and industry focus. The report assesses governance vendors by size and offering type for prospective buyers.

Data Governance 52

Data Governance Data-driven Reporting Strategy 52

CIO Business Intelligence

MARCH 24, 2023

One 2022 study found that organizations placing greater emphasis on ESG over the previous three years saw revenues increased by almost 10%, compared to 4.5% With natural language processing, organizations can analyze millions of reports quickly, helping them avoid pitfalls associated with greenwashing and other discredited activities.

Risk Management 52

Risk Management Machine Learning Data Quality Consulting 52

IBM Big Data Hub

APRIL 3, 2024

The original proposed rules, issued in March 2022, aimed to ensure consistency in how publicly traded companies provided climate-related information to investors. The SEC is requiring that required climate-related disclosures be included in companies’ filings with the commission, such as registration statements and annual reports.

Risk 52

Risk Gap analysis Reporting Risk Management 52

CIO Business Intelligence

AUGUST 5, 2024

Por ejemplo, en el 2024 CISO Burnout Report , el 80% de los CISO se clasifican a sí mismos como “muy estresados”, el 63% dicen que reciben poco o ningún apoyo en la gestión de sus funciones, y el 50% informan de la pérdida de miembros del equipo debido al estrés en el lugar de trabajo.

Risk Management 115

Risk Management Software Machine Learning Management 115

CIO Business Intelligence

APRIL 19, 2023

share of the contract manufacturing market at the end of 2022, according to data from TrendForce. of the world’s chip foundry business at the end of 2022, with South Korea at 16.7% of the world’s chip foundry business at the end of 2022, with South Korea at 16.7% (TSMC), which had a 58.5% share of the market. and China at 7.3%.

IT 52

IT Manufacturing Risk Risk Management 52

CIO Business Intelligence

MARCH 13, 2024

Infatti, secondo il “Report Imprese e Ict 2023” di Istat, la mancanza di competenze è il primo freno all’adozione delle tecnologie IA in Italia: il 55,1% delle imprese che hanno preso in considerazione il suo utilizzo senza poi adottarla ha rinunciato per carenza di skill e comprensione delle possibilità per il proprio business.

Machine Learning 105

Machine Learning Deep Learning Big Data Testing 105

IBM Big Data Hub

AUGUST 1, 2023

We continue to make key updates to our cloud infrastructure to drive progress that has resulted in improvements to cloud stability and resiliency, including an 87% year-over-year reduction in Severity 1 Customer Impacting Events (CIEs) and a 38% decrease in Severity 1 CIE disruption time for the same compared periods in 2022 versus 2021.

Digital Transformation 63

Digital Transformation Data Processing Risk Enterprise 63

CIO Business Intelligence

DECEMBER 19, 2022

Rumored buyers have included IBM, Cisco, and Bain itself, and in December 2022 reports named HPE as a potential acquirer of Nutanix. Customer backlash from those price changes also explains why Broadcom is so keen to talk about its plans for VMware following its May 2022 offer to buy the company from Dell.

Risk 52

Risk Management Software Risk Management 52

IBM Big Data Hub

JULY 28, 2023

Reporting and improvement. The vulnerability management lifecycle allows organizations to improve security posture by taking a more strategic approach to vulnerability management. X-Force also found that the number of new vulnerabilities increases every year, with 23,964 recorded in 2022 alone. Vulnerability resolution.

Management 64

Management Metrics Risk Measurement 64

IBM Big Data Hub

NOVEMBER 28, 2022

Rather than responding to each challenge individually, a proactive approach to data privacy, protection and risk management is an opportunity for organizations to build customer trust. 3 benefits of an active metadata management solution. Check out the free trial.

Metadata 56

Metadata Data Quality Data-driven Data Governance 56

Ontotext

MAY 5, 2023

Case Study In their talk: How Knowledge Graphs and Graph Databases Take Your Data Further, presented at Ontotext’s Knowledge Graph Forum 2022, Ragini Okhandiar and Krishna Potluri from JPMorgan Chase & Co. We think their adoption will bring benefits well beyond reporting. FIBO represents such a common vocabulary.

Data Collection 64

Data Collection Risk Data-driven Interactive 64