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.

Strategy 109

Strategy Digital Transformation Insurance Technology 109

CIO Business Intelligence

JANUARY 21, 2025

times compared to 2023 but forecasts lower increases over the next two to five years. CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

MARCH 19, 2025

Then in November, the company revealed its Azure AI Agent Service, a fully-managed service that lets enterprises build, deploy and scale agents quickly. And on AWS, Amazon Bedrock Agents have been available since 2023, but in December, Amazon added multi-agent collaboration capabilities. followed a couple months later.

Software 143

Software Risk Enterprise Cost-Benefit 143

CIO Business Intelligence

NOVEMBER 21, 2024

Importantly, where the EU AI Act identifies different risk levels, the PRC AI Law identifies eight specific scenarios and industries where a higher level of risk management is required for “critical AI.” In particular, the UAE AI Office created an AI license requirement for applications in the Dubai International Finance Centre.

Consulting 120

Consulting Risk Risk Management Marketing 120

CIO Business Intelligence

JANUARY 14, 2025

The time for experimentation and seeing what it can do was in 2023 and early 2024. Not all organizations are there yet, though: Data governance research from Lumenalta , which delivers custom digital solutions, found that only 33% of organizations have implemented proactive risk management strategies for AI governance.

Strategy 141

Strategy ROI Experimentation Risk 141

CIO Business Intelligence

NOVEMBER 4, 2024

This often resulted in lengthy manual assessments, which only increased the risk of human error.” To address compliance fatigue, Camelot began work on its AI wizard in 2023. Myrddin has also freed up teams to focus on risk management and strategic planning instead of getting slowed down by repetitive manual compliance checks.”

Dashboards 115

Dashboards Risk Risk Management Data-driven 115

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. CIOs should look for other operational and risk management practices to complement transformation programs.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

JANUARY 2, 2024

A recent example is Windows Server 2012, which was sunsetted by Microsoft in October 2023. What CIOs need to do instead is to present IT infrastructure investment as an important corporate financial and risk management issue that the business can’t afford to ignore. Windows Server 2012 is not alone.

Risk 128

Risk IT Risk Management Sales 128

IBM Big Data Hub

MAY 23, 2023

IBM Cloud completed its 2023 independent review of IBM Cloud services and processes. In 2023, IBM Cloud expanded the AUP to include additional locations and services that articulate our commitment to expand our portfolio of compliance across IBM Cloud. What is the IBM Cloud Framework for Financial Services?

Reporting 65

Reporting Risk Management Data Processing Risk 65

CIO Business Intelligence

APRIL 10, 2024

Cyber GRC software company Cypago has announced a new automation solution for artificial intelligence (AI) governance, risk management and compliance. What’s more, Cypago is no stranger to the implementation of safe AI, having adopted natural language models and generative AI command prompts as part of its product in 2023.

Risk Management 119

Risk Management Cost-Benefit Risk Measurement 119

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. “We We now are paying much more attention to it,” he says.

Risk Management 130

Risk Management Risk Enterprise Insurance 130

CIO Business Intelligence

JULY 17, 2024

Many governments have started to define laws and regulations to govern how AI impacts citizens with a focus on safety and privacy; IDC predicts that by 2028 60% of governments worldwide will adopt a risk management approach in framing their AI and generative AI policies ( IDC FutureScape: Worldwide National Government 2024 Predictions ).

Enterprise 105

Enterprise Consulting Risk Management Advertising 105

CIO Business Intelligence

MAY 20, 2024

Data privacy, compliance, and risk management Similarly, CIOs foresee themselves becoming more deeply involved in three areas closely related to cybersecurity: data privacy, compliance, and risk management. Risk management came in at No. That’s up from 85% who said as much in 2023. For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

CIO Business Intelligence

MARCH 4, 2025

In IDCs 2023 and 2024 CIO Sentiment Surveys , approximately 65% of respondents rated their DR/resiliency maturity as a 4 or 5 on a scale of 1 to 5. This means a majority of respondents rated their DR/resiliency as either managed (4) or optimized (5) very good ratings. Download the AI Risk Management Enterprise Spotlight.)

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

JUNE 25, 2024

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 management: identifying major risk areas with an aim of prevention (reducing the odds) or mitigation (reducing the damage).

Risk 118

Risk Risk Management Statistics Management 118

IBM Big Data Hub

JANUARY 19, 2023

They go to great lengths to integrate trust, transparency and risk management into the DNA of the company culture and the customer experience. To do this, organizations must lean into data privacy programs that build transparency and risk management into everyday workflows.

Risk Management 60

Risk Management Risk Data Strategy Strategy 60

Cloudera

MARCH 18, 2021

The new capital requirements are currently due to take effect in January 2023. From a data management point of view, FRTB’s requirements will require greatly increased quantities of historical data, along with an increased need for analysis and intensive computation against this data. . The post FRTB: Will 2023 Finally be the Year?

Machine Learning 55

Machine Learning Risk Risk Management Measurement 55

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

Laminar Security

JULY 14, 2023

And, if the other conferences we attended this year, (RSAC, Gartner Security & Risk Management Summit, Evanta CISO Summits) serve as an indication, cloud data security remains a top priority, continuing to dominate the agenda of crucial topics to be discussed among industry leaders.

Risk 65

Risk Strategy Risk Management Technology 65

John Wheeler

JANUARY 30, 2020

2020 marks Gartner’s fifth year of integrated risk management (IRM) technology coverage and the market continues to grow at a rapid pace. billion by 2023 (see figure below). billion by 2023 (see figure below). These new digital products and services create a host of new risks that require IRM technology.

Marketing 80

Marketing Risk Management Digital Transformation Risk 80

CIO Business Intelligence

JUNE 14, 2023

The annual Gartner Security and Risk Management Summit is one of them, and I’m looking forward to attending it this year. 2] Gartner®, Where Do I Start with SASE Evaluations: SD-WAN, SSE, Single-Vendor SASE, or Managed SASE? By John Watts, Nat Smith, Jonathan Forest, May 2023. and/or its affiliates in the U.S.

Risk Management 118

Risk Management Data Processing Risk Marketing 118

CIO Business Intelligence

DECEMBER 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. These executive lead risk or compliance departments with dedicated teams. What is GRC?

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

APRIL 5, 2024

The 118th session of Congress, covering 2023 and 2024, may end up as the least productive session in US history, with only 47 bills passed and becoming law between the beginning of 2023 and April 1 of this year. However, Congress, mired in partisan infighting, seems unlikely to move forward on serious AI legislation anytime soon.

Risk 132

Risk Insurance Interactive Strategy 132

CIO Business Intelligence

MARCH 21, 2024

Combined with an outstanding internal ERP implementation team, Lovelady worked with business units to put their best talent on the ERP initiatives, which in 2023 alone, led to four on-time deployments. “Or do you want it designed by your A players?” It also led to the consolidation of seven separate CRM environments.

IT 111

IT Manufacturing Risk Management Risk 111

CIO Business Intelligence

SEPTEMBER 13, 2024

And in KnowBe4’s 2024 International Healthcare Report, the global healthcare sector experienced 1,613 cyberattacks per week in the first three quarters of 2023, nearly four times the global average. The global healthcare cybersecurity market is set to reach $58.4 So there was a very real gap in our defenses.”

Risk 128

Risk IT IoT Statistics 128

CIO Business Intelligence

JULY 12, 2023

Last week, I attended the annual Gartner® Security and Risk Management Summit. The event gave Chief Information Security Officers (CISOs) and other security professionals the opportunity to share concerns and insights about today’s most pressing issues in cybersecurity and risk management. See you there.

Risk Management 98

Risk Management Risk Digital Transformation Strategy 98

IBM Big Data Hub

MAY 31, 2024

At both gatherings, participants emphasized the importance of effective governance and risk management. Responsible AI services improve taxpayer experiences According to the FTA’s Tax Administration 2023 report, 85% of individual taxpayers and 90% of businesses now file taxes digitally. What’s next?

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

CIO Business Intelligence

SEPTEMBER 17, 2024

In the State of Enterprise Architecture 2023 , only 26% of respondents fully agreed that their enterprise architecture practice delivered strategic benefits, including improved agility, innovation opportunities, improved customer experiences, and faster time to market.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

JULY 6, 2023

Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA. From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees.

Cost-Benefit 96

Cost-Benefit Risk Digital Transformation Risk Management 96

CIO Business Intelligence

AUGUST 4, 2023

This has served us well for many years, but the time has come where we need to step up the risk management mindset, including R&D and innovation-related projects, due to technology’s increasing rate of adoption, scale, and impact. Emerging Technology, IT Leadership, Risk Management

Risk 98

Risk Risk Management ROI Technology 98

CIO Business Intelligence

SEPTEMBER 30, 2024

In fact, IT’s embrace of AI is nearly ubiquitous, with 89% of IT decision-makers surveyed for Foundry’s 2024 CIO Tech Priorities study saying they’re researching, piloting, or currently using AI-enabled technologies — up from 72% in 2023.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

JUNE 8, 2023

According to Foundry’s 2023 State of the CIO Research, technology budget growth is seeing pre-pandemic levels. 91% of CIOs expect their tech budget to either increase or stay the same in 2023.

Strategy 98

Strategy Data-driven Interactive Business Objectives 98

Cloudera

FEBRUARY 15, 2024

While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008. It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008.

Insurance 88

Insurance Data Architecture Risk Management Risk 88

CIO Business Intelligence

JANUARY 22, 2024

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. As a result, companies find it increasingly difficult to manage their attack surface at the speed and scale necessary to prevent attacks.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

IBM Big Data Hub

FEBRUARY 8, 2024

The European Parliament reached a provisional agreement on the EU AI Act in December 2023, it is now making its way through the final phases of the legislative process and is expected to rollout in stages in the second half of 2024. Dec 19, 2023 The European AI Act is currently the most comprehensive legal framework for AI regulations.

Risk Management 72

Risk Management Risk Machine Learning Metrics 72