CIO Business Intelligence

JUNE 8, 2023

This demand for skilled IT workers is reflected in the rising average salaries of certain job titles as companies compete for top talent, according to data from the 2023 Dice Tech Salary Report. Here are the 10 IT roles that have earned the biggest bumps in pay for 2023, according to salary data from Dice.

IT 135

IT Digital Transformation Software Risk 135

Smart Data Collective

MARCH 15, 2023

This entails implementing a wide range of robust security measures that can protect cloud infrastructure, applications, and data from advanced cyber threats. Furthermore, with the widespread adoption of cloud-based solutions, the risk of cyber-attacks has increased significantly.

Risk 96

Risk Measurement Visualization Management 96

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. A 2023 IBM IBV study showed that organizations that are seen as ESG leaders are 43% more likely to outperform their peers on profitability. So how does ESG risk management help the bottom line?

Risk Management 78

Risk Management Risk Management Metrics 78

IBM Big Data Hub

SEPTEMBER 13, 2023

According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 Incorporating an effective attack surface management tool into your security strategy can significantly help you mitigate the risks of data breaches. million this year.

Risk 93

Risk Management Strategy Measurement 93

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 89

Risk Risk Management ROI Technology 89

Ontotext

OCTOBER 11, 2023

SEMANTiCS 2023 kicked off with a Pre-conference day that offered an awesome lineup of business and academia talks. Andreas Blumauer presenting his talk: Responsible AI and LLMs SEMANTiCS 2023 Andreas focused on how we can take the best of both worlds and work on responsible, explainable generative AI. Are LLMs Knowledgeable?

Metadata 69

Metadata Cost-Benefit Marketing Modeling 69

CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

Risk 94

Risk Risk Management Strategy Enterprise 94

CIO Business Intelligence

NOVEMBER 5, 2024

IDC’s Sustainability Readiness Survey (July/August 2023) also found that organizations worldwide have improved in their environmental sustainability efforts over the past few years. Overcoming this hurdle requires strong leadership and good data that will lead to effectively investing budgets in ways that yield a measurable ROI.

Uncertainty 89

Uncertainty Measurement ROI Reporting 89

IBM Big Data Hub

AUGUST 3, 2023

Organizations cannot risk unnecessary unplanned downtime or increased latencies because an application failed or underperformed. Software downtime is a huge organizational risk because it decreases customer satisfaction and potentially violates a service-level agreement with end users. million in 2023, a 15% increase over 3 years.

Measurement 63

Measurement Metrics Risk Software 63

CIO Business Intelligence

AUGUST 15, 2024

As organisations adjust to managing remote and hybrid teams, supporting digital transformation, and navigating an uncertain and volatile global economy, they face an ever-expanding landscape of vulnerabilities and increasing risk. Home printers pose an additional risk, particularly those that were purchased by employees.

Risk 88

Risk Digital Transformation Marketing Finance 88

CIO Business Intelligence

NOVEMBER 14, 2024

Much of this growth is driven by investments in AI technologies, and IDC also expects cloud infrastructure spend to increase 26% compared to 2023. An innovation for CIOs: measuring IT with KPIs CIOs discuss sales targets with CEOs and the board, cementing the IT and business bond.

ROI 108

ROI B2B Business Objectives Digital Transformation 108

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Machine Learning 55

Machine Learning Risk Risk Management Measurement 55

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. Printers are often not subject to the rigorous security measures routinely applied to computing devices; for example, complex passwords and rigorous patching and software update regimes.

IT 98

IT Measurement Risk Testing 98

CIO Business Intelligence

NOVEMBER 14, 2023

billion devices reported in 2023. In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks. 6 IoT vulnerabilities to watch out for Security risks are a significant concern for businesses using LoT and OT technology.

IoT 122

IoT Enterprise Manufacturing Internet of Things 122

CIO Business Intelligence

AUGUST 8, 2024

But there’s good news: When organizations leverage open source in a deliberate, responsible way, they can take full advantage of the benefits that open source offers while minimizing the security risks. Just because everyone can help to make open source more secure doesn’t mean everyone actually does. See figure below. See figure below.

Software 109

Software Enterprise Cost-Benefit Risk 109

CIO Business Intelligence

JULY 5, 2024

If we don’t do this with a clear plan and in a logical way, considering all the technology assets and risks, negative things can happen,” she says. These tech debt audits provided a clearer picture of where their biggest risks were, which, in turn, allowed them to prioritize what needs to be addressed first. “We

Management 93

Management Risk Measurement Dashboards 93

CIO Business Intelligence

NOVEMBER 23, 2022

The biggest challenge when it comes to cyber crime is that there are so many different security risks to manage. Three of the biggest risks moving into 2023 and beyond are: Ransomware – in which a malicious program infects a computer, locking access to all files until a ransom is paid to gain access to an unlock key.

Risk 74

Risk Data-driven Software Measurement 74

IBM Big Data Hub

AUGUST 1, 2023

According to the IBM Security X-Force Threat Intelligence Index 2023 , for the second year in a row, phishing was the leading cyber threat, identified in 41% of incidents. Risk-based application patching helps IT pros discover vulnerable apps and automatically patch them based on the criticality of the situation.

Risk 54

Risk Management Machine Learning IoT 54

CIO Business Intelligence

OCTOBER 4, 2024

According to capital management solutions firm Carta, in Q1 this year, startup bankruptcies increased by 58% compared to the same time in 2023. This will help to not only mitigate immediate risks, but strengthen long-term resilience. Plus, regular vendor audits and contract reviews can be conducted.

IT 99

IT Measurement Risk Strategy 99

CIO Business Intelligence

JUNE 25, 2024

Charles Dickens’ Tale of Two Cities contrasts London’s order and safety with the chaos and risk of Paris. In Q1 of 2023, UHG spent $3.5 Its performance might, like so many political polls, be within the boundaries of statistical noise — especially as it upped its 2023 investment in R&D to some $30B.

Risk 94

Risk Risk Management Statistics Management 94

CIO Business Intelligence

NOVEMBER 6, 2024

This award-winning access management project uses automation to streamline access requests and curb security risks. The company set out to implement automation tools to streamline access management, and by December 2023, a new automation process was fully deployed. For its access management project, Relativity earned a 2024 CSO Award.

Management 72

Management Risk Measurement Interactive 72

CIO Business Intelligence

SEPTEMBER 12, 2024

The familiar narrative illustrates the double-edged sword of “shadow AI”—technologies used to accomplish AI-powered tasks without corporate approval or oversight, bringing quick wins but potentially exposing organizations to significant risks. Establish continuous training emphasizing ethical considerations and potential risks.

Experimentation 104

Experimentation Risk Cost-Benefit Strategy 104

CIO Business Intelligence

OCTOBER 16, 2023

Researchers for the 2023 DBIR identified system intrusion, social engineering and basic web application attacks as the most common attack patterns that led to breaches and data theft. PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three. Compliance with PCI DSS v4.0

Gap analysis 120

Gap analysis Consulting Risk Measurement 120

Rita Sallam

JUNE 2, 2023

For the vendors that participate in the Bake-Off and Show Floor Showdowns, it is in equal measure fun and extremely stressful. Qlik Key Findings: In the US alone, there’s $367 billion in agricultural commodities at risk to flooding in the US alone. million people at risk of catastrophic, flooding. In 2000, the Netherlands had 8.5

Optimization 52

Optimization Insurance Machine Learning Risk 52

CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. Can I also trust the mechanism by which I share that data without exposing myself inappropriately to risk? Most boards of directors are ready to take risks.

Internet of Things 79

Internet of Things Strategy Data Strategy Risk 79

IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 What is a data protection strategy?

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

CIO Business Intelligence

MAY 1, 2024

For example, a quarter of IT decision-makers in Foundry’s 2023 AI Priorities Study are piloting gen AI technologies, but only 20% have moved on to deployment. But talking to IT teams like the AI professionals in Intel’s 2023 ML Insider survey suggests only 10% of organizations put gen AI solutions into production in 2023.

Cost-Benefit 137

Cost-Benefit Metrics Insurance Measurement 137

IBM Big Data Hub

FEBRUARY 20, 2024

These proactive measures are made possible by evolving technologies designed to help people adapt to the effects of climate change today. The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. But what will the impacts of climate change be in the future?

Modeling 113

Modeling Forecasting Reporting Risk 113

CIO Business Intelligence

OCTOBER 22, 2024

As small businesses increasingly depend on digital technologies to operate and grow, the risks associated with cyber threats also escalate. The cost of ignoring such measures can be substantial, as noted in IBM’s 2023 Cost of a Data Breach Report, which found the average impact of a data breach on small businesses can exceed $3.31

Software 86

Software Reporting Risk Measurement 86

CIO Business Intelligence

OCTOBER 23, 2024

If you have modest AI ambitions, in an industry that isn’t being remastered by AI yet, you can afford to go at a more measured pace. The demand of GenAI will help nearly triple server sales from 2023 to 2028.” In fact, Gartner believes that cost is as big an AI risk as security or hallucinations. This is an AI-steady pace.

Enterprise 125

Enterprise IT Cost-Benefit Measurement 125

CIO Business Intelligence

AUGUST 1, 2023

Undertaken in conjunction with Miami University’s IT department, ILDA has been awarded a 2023 CIO 100 Award for IT innovation and leadership. Our measure of success is that nearly two dozen instances of ILDA have been created to date,” says Tepe.

Risk 98

Risk IT Software Digital Transformation 98

IBM Big Data Hub

MAY 31, 2024

But the rates of exploration of AI use cases and deployment of new AI-powered tools have been slower in the public sector because of potential risks. But tax agencies must adopt AI tools with adequate oversight and governance to mitigate risks and build public trust. Furthermore, biases against marginalized groups remain a risk.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

CIO Business Intelligence

OCTOBER 18, 2023

The procedure, often called kidney dialysis, cleansing a patient’s blood, substituting for the function of the kidneys, and is not without risk, however. Fresenius’s machine learning model uses electronic health records comprising intradialytic blood pressure measurements and multiple treatment- and patient-level variables.

Predictive Analytics 132

Predictive Analytics Analytics Machine Learning Internet of Things 132

CIO Business Intelligence

SEPTEMBER 24, 2024

IDC Quick Poll, September 2023 From CIO to CAIO Wiedenbeck took on the CAIO’s role at Ameritas in January, shifting from his position as CIO and making room for another executive to take the CIO’s reins. To avoid this risk, Ameritas is not yet applying AI to either underwriting or direct customer interaction. “We

IT 108

IT Insurance Cost-Benefit Risk 108

CIO Business Intelligence

SEPTEMBER 13, 2023

Indeed, 50% of C-suite execs surveyed for a 2023 report on digital transformation from fintech company Broadridge admitted they struggle to balance innovation with daily tasks. Although innovation always carries risk, there are common mistakes that CIOs tend to make that heighten the chances of innovation failures.

IT 132

IT Digital Transformation Risk Cost-Benefit 132

CIO Business Intelligence

OCTOBER 15, 2024

According to the State of DevOps Report 2023 , only 18% of organizations achieved elite performance by deploying on demand, having a 5% change failure rate, and recovering from any failed deployment in under an hour.

Enterprise 137

Enterprise Testing Business Objectives Experimentation 137

CIO Business Intelligence

OCTOBER 18, 2023

If anything, 2023 has proved to be a year of reckoning for businesses, and IT leaders in particular, as they attempt to come to grips with the disruptive potential of this technology — just as debates over the best path forward for AI have accelerated and regulatory uncertainty has cast a longer shadow over its outlook in the wake of these events.

Risk 131

Risk Manufacturing Enterprise Technology 131