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

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. What’s an acceptable level of risk when it comes to cybersecurity, society, and opportunity?

Risk 98

Risk Risk Management ROI Technology 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 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode.

Strategy 98

Strategy Risk Enterprise Risk Management 98

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. It offers more control and flexibility for comprehensive testing and validation. In the U.S.,

Cost-Benefit 74

Cost-Benefit Testing Strategy Risk Management 74

CIO Business Intelligence

JULY 25, 2024

According to an IDC Survey, “Ransomware attackers are getting more effective at finding valuable data; half of North American ransomware attacks where data was exfiltrated included the loss of valuable, sensitive, or security data ( Future Enterprise Resiliency and Spending Survey, Wave 11 , IDC 2023).

IT 111

IT Finance Consulting Reporting 111

IBM Big Data Hub

MAY 28, 2024

According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 In May 2023, Ireland’s data protection authority imposed a USD 1.3 Data risk management To protect their data, organizations first need to know their risks.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

IBM Big Data Hub

SEPTEMBER 15, 2023

These disclosures will need to be filed as part of the company annual 10-K statements, potentially as soon as the 2024 fiscal year if the final ruling is published by October 2023 as currently expected. Furthermore, companies would need to disclose the price and rationale for internal carbon prices.

Risk 72

Risk Reporting Data-driven Publishing 72

CIO Business Intelligence

MAY 15, 2024

According to Stanford’s AI Index Report, released in April, 149 foundation models were released in 2023, two-thirds of them open source. And bad actors can download these models for free and run them in their own environments in order to test potential hacks. And there are an insane number of variants.

Modeling 137

Modeling Risk Software Enterprise 137

CIO Business Intelligence

AUGUST 23, 2023

To do so, they explored the optimization problem of “cardinality constraints” and developed a hybrid quantum-classical approach to financial index tracking portfolios that maximizes returns and minimizes risk. Their work earned them a 2023 US CIO 100 Award for IT innovation and leadership.

IT 97

IT Machine Learning Risk Optimization 97

CIO Business Intelligence

APRIL 27, 2023

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. The demand for specialized skills has boosted salaries in cybersecurity, data, engineering, development, and program management. Average salary: US$151,364 Increase from 2021 : 2.3%

IT 116

IT Software Risk Management 116

CIO Business Intelligence

JUNE 26, 2023

According to the 2023 State of the CIO , CIOs are more involved in leading digital transformation initiatives compared to business leaders (84%), serve as change agents (85%), have revenue responsibilities (68%), and partner closely with the CEO and board of directors (77%). Competitive fire is a must.

IT 119

IT Consulting Digital Transformation Software 119

AWS Big Data

JANUARY 31, 2024

billion messages in a single day in Q3 2023 and a capacity headroom requirement of 400 billion messages over a single day. Dataset For this analysis, we used the LSEG Tick History – PCAP OPRA dataset from May 17, 2023. This transition is crucial for addressing the demands of the dynamic options market.

Marketing 89

Marketing Analytics Visualization Strategy 89

CIO Business Intelligence

MAY 13, 2024

In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. They’re asking CIOs to work with project sponsors on the business side to calculate and prove out anticipated ROIs as they develop AI initiatives; it’s no longer about experimenting and testing for learning’s sake. “I

IT 131

IT Digital Transformation ROI Strategy 131

DataRobot Blog

MARCH 7, 2023

DataRobot identifies and recommends models that are ready to move into production by automatically testing and comparing thousands of models, while those already in production are continuously monitored to ensure performance and compliance. This generates reliable business insights and sustains AI-driven value across the enterprise.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

CIO Business Intelligence

APRIL 22, 2024

L’ultimo Rapporto Clusit ha contato 2.779 incidenti gravi a livello globale nel 2023 (+12% rispetto al 2022), di cui 310 in Italia, ovvero l’11% del totale mondiale e un incremento addirittura del 65% in un anno. Questi requisiti sono suddivisi in tre macroaree: governance, risk management e controllo della catena di fornitura.

Data Lake 105

Data Lake Testing Management IoT 105

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

CIO Business Intelligence

JULY 7, 2023

We’ve also published, in partnership with the Internet Security Alliance (ISA), the 2023 Director’s Handbook on Cyber-Risk Oversight. The litmus test for a governing board is a board that hires and fires the CEO and holds the executive team accountable for strategy and risk management. You have to get exposure.

Risk 116

Risk Finance Technology Strategy 116

IBM Big Data Hub

JANUARY 30, 2024

billion in 2023. For instance, an organization might use Microsoft Azure for storing data, AWS for development and testing new applications, and Google Cloud for backup and disaster recovery. to total $678.8 billion in 2024, up from $563.6 Zero trust requires a wide range of security capabilities.

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

IBM Big Data Hub

SEPTEMBER 20, 2022

Similarly, facts can be collected while the model is in the testing and validation stages. Your model risk management team, IT operations team and line-of-business employees also need appropriate access. All this information is incorporated into end-to-end workflows to ensure the team meets ethical and regulatory standards.

Metadata 56

Metadata Machine Learning Data-driven Risk 56

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45 million in 2023—a 15% increase since 2020.

Cost-Benefit 84

Cost-Benefit Risk Enterprise Advertising 84

CIO Business Intelligence

JULY 18, 2023

CIO.com’s 2023 State of the CIO survey recently zeroed in on the technology roles that IT leaders find the most difficult to fill, with cybersecurity, data science and analytics, and AI topping the list. Hiring, Staff Management

IT 98

IT Data Science IoT Machine Learning 98

CIO Business Intelligence

JULY 24, 2024

According to an Avanade survey of over 3,000 business and IT executives released in late 2023, 48% have put in place a complete set of policies for responsible AI. And to find out if the fine-tuning has worked, the LLM needs to be tested on a large number of questions, asking the same thing in many different ways.

Risk 130

Risk Insurance Modeling Manufacturing 130

CIO Business Intelligence

DECEMBER 6, 2023

Generative AI can certainly make developers more productive, too, whether exploring a new code base, filling in boilerplate code, autocompleting functions, or generating unit tests. Application Management, Application Performance Management, Artificial Intelligence, CIO, Generative AI, IT Leadership, IT Management, Risk Management

IT 133

IT Risk Management Interactive Risk 133

CIO Business Intelligence

JULY 10, 2024

The only significant increase in risk mitigation was in accuracy, where 38% of respondents said they were working on reducing risk of hallucinations, up from 32% last year. However, organizations that followed risk management best practices saw the highest returns from their investments.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

CIO Business Intelligence

AUGUST 7, 2024

But Barnett, who started work on a strategy in 2023, wanted to continue using Baptist Memorial’s on-premise data center for financial, security, and continuity reasons, so he and his team explored options that allowed for keeping that data center as part of the mix. The system complements preconfigured components, workflows, and libraries.

IT 119

IT Insurance Cost-Benefit Testing 119

Jet Global

NOVEMBER 29, 2023

insightsoftware is thrilled to be recognized as a Niche Player in the 2023 Gartner Magic Quadrant (MQ) for Financial Close and Consolidation Solutions (FCCS). To be considered, product capabilities must include close management, financial consolidation, financial statement reconciliation and journal entry processing.

Reporting 52

Reporting Marketing Forecasting Software 52