Rocket-Powered Data Science

FEBRUARY 15, 2023

Generative AI is the biggest and hottest trend in AI (Artificial Intelligence) at the start of 2023. Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What?

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

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

Andrew White

JUNE 29, 2023

Stories abound: Deglobalization Reglobalization Friend-shoring Near-shoring De-risking The list of related words is almost endless. It All Connects, Anyway The depth and breadth of news related to sovereign data and digital strategies is vast. Sovereign data strategies will impact almost every business, eventually.

Strategy 52

Strategy Data Strategy Finance Risk 52

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

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

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

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

datapine

MAY 31, 2022

We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies. This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

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

Andrew White

SEPTEMBER 30, 2022

These sovereign data policies, and in some cases strategies, are growing in complexity and importance. It is therefore critical that CDAOs understand the opportunities and risks and take action accordingly. CDAOs need to work with legal and risk leaders, and inform CEOs of the implications for their whole business.

Data Strategy 64

Data Strategy Risk Strategy Analytics 64

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

IBM Big Data Hub

MARCH 27, 2024

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? These risks can make it difficult or impossible for organizations to operate in affected locations.

Risk 60

Risk Forecasting Insurance Strategy 60

IBM Big Data Hub

MAY 28, 2024

While every data protection strategy is unique, below are several key components and best practices to consider when building one for your organization. What is a data protection strategy? Why it’s important for your security strategy Data powers much of the world economy—and unfortunately, cybercriminals know its value.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

IBM Big Data Hub

NOVEMBER 30, 2023

Risks from wildfires, floods, heat, drought and wind have always been a concern, but climate change has intensified these risks, making them more frequent and unpredictable for organizations. This situation increases the need for businesses to adapt their sustainability strategies to address climate change issues.

Strategy 85

Strategy Insurance Risk Management 85

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

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

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 16, 2024

According to the 2023 LinkedIn report Skills-First: Reimagining the Labor Market and Breaking Down Barriers , more than 45% of hirers on LinkedIn explicitly used skills data to fill roles, up 12% year over year. Some researchers and tech leaders are using the strategy. The strategy moves away, to varying degrees, from using job titles.

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Strategy Reporting Management Marketing 132

Laminar Security

JUNE 8, 2023

This widespread cloud transformation set the stage for great innovation and growth, but it has also significantly increased the associated risks and complexity of data security, especially the protection of sensitive data. billion in 2023 , a 20.7% Worldwide spending on public cloud services is expected to reach $591.8

Statistics 82

Statistics Risk Reporting Unstructured Data 82

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

CIO Business Intelligence

AUGUST 22, 2024

That spectrum of budget adjustments is being met by a range of strategies by IT leaders seeking to make the most of their 2025 IT spend. increase in IT spending overall in 2024, compared to 4% in 2023, software spending growth suggests CIOs need to adjust their budgets downward elsewhere. through 2027. With Forrester projecting a 5.3%

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Strategy IT Uncertainty Software 133

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 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

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

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. Conduct ESG assessments.

Risk Management 78

Risk Management Risk Management Metrics 78

IBM Big Data Hub

FEBRUARY 19, 2024

The pandemic and its aftermath highlighted the importance of having a robust supply chain strategy , with many companies facing disruptions due to shortages in raw materials and fluctuations in customer demand. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 81

Strategy Management Forecasting Internet of Things 81

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

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 76

Risk Management Risk Management Measurement 76

CIO Business Intelligence

JULY 28, 2023

By embracing a data privacy strategy, enterprises are seen to be handling sensitive data responsibly. Assess data risk regularly Data risk is potentially detrimental to the business due to data mismanagement, inadequate data governance, and poor data security. It also enables trends in data to be spotted more easily.

Risk 98

Risk Data Governance Enterprise Data Integration 98

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

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 As data leaks on the dark web continue to make headlines, organizations face heightened pressure to reinforce their breach containment strategies. million this year.

Risk 93

Risk Management Strategy Measurement 93

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing. A disaster recovery strategy lays out how your businesses will respond to a number of unplanned incidents.

Strategy 89

Strategy Cost-Benefit Testing Risk 89

CIO Business Intelligence

JULY 28, 2023

At the same time, it reduces risk by ensuring that all data is under control, avoiding inconsistencies, and adhering to a single source of truth. In a recent IDC Infobrief , more than half of respondents report that regulatory compliance is a primary factor in deciding how and where they store enterprise data.

Risk 98

Risk Management Data mining Cost-Benefit 98

Timo Elliott

MAY 8, 2023

With help from SAP solutions, the team is now in a better position to pro-actively mitigate risks, and potential failures, by enabling proactive scheduled preventive maintenance strategies with increased availability. The outcomes are really impressive.

IoT 104

IoT Cost-Benefit Machine Learning Risk 104

CIO Business Intelligence

OCTOBER 12, 2023

You require a strategy for efficient, productive, and responsible corporate use. The companies that harness GenAI are the companies that we believe are going to disrupt their industries,” said Mindy Cancila, vice president of corporate strategy at Dell Technologies, on a recent CXO Spice webcast. 2023 Artificial Intelligence

Strategy 127

Strategy Marketing Metrics Technology 127

IBM Big Data Hub

SEPTEMBER 6, 2023

In a May 2023 survey carried out by IBM and Momentive.ai , 67% of CMOs reported that they plan on implementing generative AI in the next 12 months and 86% plan to do so within 24 months. With the right generative AI strategy, marketers can mitigate these concerns. The journey starts with sound data.

Marketing 112

Marketing Strategy B2B Cost-Benefit 112