CIO Business Intelligence

JULY 10, 2024

We examine the risks of rapid GenAI implementation and explain how to manage it. These examples underscore the severe risks of data spills, brand damage, and legal issues that arise from the “move fast and break things” mentality. This is a risk that many organizations don’t consider.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

JANUARY 21, 2025

times compared to 2023 but forecasts lower increases over the next two to five years. As gen AI heads to Gartners trough of disillusionment , CIOs should consider how to realign their 2025 strategies and roadmaps. CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

MARCH 27, 2023

When he’s not immersed in cybersecurity, hybrid cloud strategy, or app modernization, David Reis, CIO at the University of Miami Health System and the Miller School of Medicine, spends his time working with the board of directors and top leadership to reimagine healthcare and take the lead driving digital transformation.

Strategy 109

Strategy Digital Transformation Insurance Technology 109

CIO Business Intelligence

MAY 6, 2024

2023: Greater flexibility, challenging decisions In 2023, the cloud services space — including hosting and managed and migration services — continued to experience impressive growth, eclipsing $564B in total spend. Here is a closer look at recent and forecasted developments in the cloud market that CIOs should be aware of.

Marketing 131

Marketing Strategy IT Data Processing 131

CIO Business Intelligence

FEBRUARY 13, 2023

Earlier this year, Broadcom commissioned extensive industry research to learn how VSM adoption is evolving and which key trends are emerging in 2023. The findings from this survey are now available in a report entitled “ 2023 Value Stream Management Trends.” By the end of 2023, 60% of organizations will be shipping products using VSM.

Digital Transformation 145

Digital Transformation Management Reporting Data-driven 145

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. Here are the 10 IT roles that have earned the biggest bumps in pay for 2023, according to salary data from Dice. percent since 2021, according to Dice.

IT 140

IT Digital Transformation Software Risk 140

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. An operationalized carbon-neutral strategy requires end-to-end visibility on climate data.

Uncertainty 98

Uncertainty Measurement ROI Reporting 98

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. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

Risk 128

Risk IT IoT Statistics 128

AWS Big Data

JANUARY 9, 2025

In our previous post Backtesting index rebalancing arbitrage with Amazon EMR and Apache Iceberg , we showed how to use Apache Iceberg in the context of strategy backtesting. This capability is particularly valuable in maintaining the integrity of backtests and the reliability of trading strategies.

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

CIO Business Intelligence

OCTOBER 30, 2024

Salima Bhimani has been encouraging the responsible and ethical use of AI for several years as Alphabet’s first chief strategist and director for inclusive and responsible technology, business, and leaders from 2017 to 2023. Are we building AI strategies that are aligned to business goals? Will it mitigate risk?

Technology 131

Technology Strategy Risk IT 131

CIO Business Intelligence

NOVEMBER 4, 2024

Rather than wait for a storm to hit, IT professionals map out options and build strategies to ensure business continuity. Following Broadcom’s late 2023 acquisition of VMware, numerous changes prompted customers and partners to reassess their strategies.

IT 124

IT Forecasting Strategy Testing 124

CIO Business Intelligence

OCTOBER 24, 2024

Jayesh Chaurasia, analyst, and Sudha Maheshwari, VP and research director, wrote in a blog post that businesses were drawn to AI implementations via the allure of quick wins and immediate ROI, but that led many to overlook the need for a comprehensive, long-term business strategy and effective data management practices.

ROI 127

ROI Data-driven Enterprise Experimentation 127

CIO Business Intelligence

SEPTEMBER 29, 2023

Let’s revisit the most prevalent security threats and see how they’re evolving in 2023. SMBs and startups are equally at risk. Prevention: In the age of Bring Your Own Device (BYOD) and remote work, preventing data exfiltration needs a comprehensive, well-rounded data security and governance strategy. Cybercrime, Security

Data Processing 140

Data Processing Behavioral Analytics Testing Software 140

CIO Business Intelligence

FEBRUARY 27, 2023

To understand how organizations may be approaching their cloud strategies and tech investments in 2023, members of VMware’s Tanzu Vanguard community shared their insights on what trends will take shape. According to Forrester , forty percent of firms will take a cloud-native first strategy.

Cost-Benefit 145

Cost-Benefit Digital Transformation Strategy Software 145

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

CIO Business Intelligence

OCTOBER 22, 2024

Cloud strategies are undergoing a sea change of late, with CIOs becoming more intentional about making the most of multiple clouds. A lot of ‘multicloud’ strategies were not actually multicloud. Today’s strategies are increasingly multicloud by intention,” she adds.

Strategy 128

Strategy Cost-Benefit Risk Enterprise 128

CIO Business Intelligence

DECEMBER 19, 2024

Back in 2023, at the CIO 100 awards ceremony, we were about nine months into exploring generative artificial intelligence (genAI). The key areas we see are having an enterprise AI strategy, a unified governance model and managing the technology costs associated with genAI to present a compelling business case to the executive team.

Experimentation 97

Experimentation Cost-Benefit Enterprise Strategy 97

CIO Business Intelligence

DECEMBER 26, 2023

We’ve gathered eight instances of big tech failures that struck companies and other organizations in 2023. Both United Airlines and Hawaiian Airlines saw service outages in 2023 resulting from wonky software upgrades, and Southwest ended the previous year with a Christmas travel meltdown blamed on outdated systems.

IT 138

IT Software Reporting Testing 138

CIO Business Intelligence

JUNE 10, 2024

According to a 2023 survey from Access Partnership and Amazon Web Services (AWS) , 92% of employers expect to be using AI-related solutions by 2028 and 93% expect to use generative AI within the upcoming five years. And they need people who can manage the emerging risks and compliance requirements associated with AI.

Strategy 136

Strategy IT Machine Learning Consulting 136

CIO Business Intelligence

MARCH 19, 2025

SpyCloud , the leading identity threat protection company, today released its 2025 SpyCloud Annual Identity Exposure Report , highlighting the rise of darknet-exposed identity data as the primary cyber risk facing enterprises today. billion PII assets a 39% increase from 2023 are opening the door for new fraudulent activities.

Risk 52

Risk Reporting Measurement Enterprise 52

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

CIO Business Intelligence

JULY 1, 2024

Many small business leaders are still trying to build out an artificial intelligence (AI) strategy to drive efficiencies, supercharge automation and spark creative productivity among their people. What’s clear though, is that these organisations risk being left behind if they aren’t maximising the potential of AI.

Strategy 141

Strategy Technology Optimization Reporting 141

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Infor’s strategy is to tailor software with a high percentage of specific capabilities and functionality for customers in its target industries, delivering a faster time to value. ISG Research finds that , on average, organizations spent 2% of IT budgets on AI in 2023. The average expected spend for 2024 is 3.7%

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

JULY 22, 2024

He worked with one insurance company that in 2023 made such a move, driven specifically by the desire to have a firm hold on its regulated data, for example. Moreover, these repatriations show how CIOs have a shrewder, more fluid cloud strategy today to ensure they don’t settle for less than what they want. a private cloud).

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

MAY 26, 2023

The overall perceived value of IT certifications is shifting, according to the 2023 Tech Salary Trends report from Dice. If you’re interested in earning a certification to help boost your resume, these are the 10 most popular IT certifications for 2023, according to data from Dice.

IT 124

IT Reporting Risk Consulting 124

CIO Business Intelligence

NOVEMBER 14, 2023

Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. There are other risks, too. Why are we really going to cloud?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

CIO Business Intelligence

OCTOBER 17, 2024

] Forty-one percent of organizations adopted and used digital platforms for all or most functions in 2024, compared with just 26% in 2023, according to IDC’s May 2024 Future Enterprise Resiliency and Spending Survey, Wave 5. million machines worldwide, serves as a stark reminder of these risks.

Risk 108

Risk Experimentation Testing Strategy 108

CIO Business Intelligence

MAY 15, 2024

If 2023 was the year of AI exploration, then 2024 will be the year of action. With improving security, reducing risk, and driving revenue growth among organizations’ priorities for the use of AI, there are a number of factors CIOs will have to consider when outlining AI strategy. What does a good GenAI strategy look like?

Strategy 119

Strategy Risk Machine Learning Software 119

O'Reilly on Data

NOVEMBER 28, 2023

Generative AI has been the biggest technology story of 2023. As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing.

Enterprise 342

Enterprise Testing Modeling Reporting 342

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.” The code of conduct is directed by 11 guiding principles, many of which focus on risks, vulnerabilities, security, and protections.

Consulting 120

Consulting Risk Risk Management Marketing 120

CIO Business Intelligence

JUNE 24, 2024

Ransomware accounted for nearly a quarter (24%) of data breach incidents in the 2023 Verizon Data Breach Investigations Report , and Sophos’ State of Ransomware 2023 found that two-thirds of surveyed companies had experienced a ransomware attack. At the top of the cybersecurity risk chart is ransomware attacks. “At

Strategy 111

Strategy Data-driven Technology Risk 111

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 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

APRIL 30, 2025

Cloud architects are IT specialists who have the skills and knowledge to navigate complex cloud environments, lead teams, develop and implement cloud strategies, and ensure cloud systems stay up to date and run smoothly.

Testing 108

Testing Cost-Benefit Optimization Software 108

CIO Business Intelligence

AUGUST 8, 2024

Also known as code debt, it’s the accumulation of legacy systems and applications that are difficult to maintain and support, as well as poorly written or hastily implemented code that increases risk over time. Sutton recommends three strategies to help keep technical debt in check.

Strategy 109

Strategy Digital Transformation Business Analysis Reporting 109

CIO Business Intelligence

JULY 30, 2024

Organizations are under pressure to demonstrate commitment to an actionable sustainability strategy to meet regulatory obligations and to build positive market sentiment. We examine the opportunity to lead both risk mitigation and value creation by helping advance the enterprise sustainability strategy.

Strategy 105

Strategy Scorecard Measurement Cost-Benefit 105

Smart Data Collective

MARCH 23, 2023

Many people have called 2023 “the year of AI.” Automations reduce the risk of human error, leading to higher accuracy and reliability. This means you run less of a risk of bugs or other issues, which can easily escape the notice of a human. Manual testing requires time, effort, and money.

Software 142

Software Strategy Cost-Benefit Testing 142