CIO Business Intelligence

SEPTEMBER 6, 2023

While the potential of Generative AI in software development is exciting, there are still risks and guardrails that need to be considered. Risks of AI in software development Despite Generative AI’s ability to make developers more efficient, it is not error free. To learn more, visit us here. Artificial Intelligence, Machine Learning

Software 119

Software Risk Experimentation Uncertainty 119

CIO Business Intelligence

AUGUST 15, 2024

The next generation of M&A strategy brings emerging digital capabilities to the forefront in support of both opportunities and risk mitigation. Use valuation and diligence activities to establish governance and capture all risk elements even if they appear to be mitigated.

Uncertainty 111

Uncertainty Risk Strategy Cost-Benefit 111

CIO Business Intelligence

JULY 23, 2024

The five-year average for AI mentions during earnings calls was 80, with mentions increasing sharply since the first quarter of 2023, shortly after the debut of ChatGPT, the company wrote in a blog post. Gen AI can still hallucinate, even if tuned, creating a level of uncertainty when more traditional tools would be more consistent.

Uncertainty 131

Uncertainty Machine Learning Business Intelligence Marketing 131

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% Gartner’s managing VP Mary Mesaglio said she remained optimistic for tech investments, with the latest crisis offering CIOs yet another opportunity to “make the difference”. global inflation rate.

Digital Transformation 143

Digital Transformation Machine Learning Experimentation Metrics 143

CIO Business Intelligence

AUGUST 22, 2024

increase in IT spending overall in 2024, compared to 4% in 2023, software spending growth suggests CIOs need to adjust their budgets downward elsewhere. Even with global economic uncertainties, organizations that aren’t investing in AI risk getting left behind, he adds. through 2027. With Forrester projecting a 5.3%

Strategy 134

Strategy IT Uncertainty Software 134

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 141

Risk Manufacturing Enterprise Technology 141

CIO Business Intelligence

FEBRUARY 12, 2024

As genAI caught fire in 2023, many organizations rushed to test and learn from the technology and harness it to grow productivity and improve processes. 4 Additionally, while 63% have guardrails in place to use AI safely, these organizations worry about its role in misinformation, ethical bias and job loss among other risks, Wavestone found.

IT 137

IT Consulting Cost-Benefit Uncertainty 137

CIO Business Intelligence

OCTOBER 23, 2024

FACIL’s foundation would be based on SAP’s Business Technology Platform (BTP), a suite that helped the agency personalize applications and integrate and connect landscapes throughout the uncertainty of the pandemic. All parties agreed that AI would increase processing efficiency while minimizing the risk of converting to a new system.

Uncertainty 118

Uncertainty Consulting Interactive Technology 118

CIO Business Intelligence

AUGUST 26, 2024

In today’s IT landscape, organizations are confronted with the daunting task of managing complex and isolated multicloud infrastructures while being mindful of budget constraints and the need for rapid deployment—all against a backdrop of economic uncertainty and skills shortages.

Management 111

Management Uncertainty Data-driven Software 111

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 degrees Celsius (2.66 degrees Fahrenheit) warmer than 19th century pre-industrial levels.

Forecasting 113

Forecasting Modeling Reporting Risk 113

CIO Business Intelligence

JULY 17, 2023

Real-life transformers Time-jump to 2023. It produces and distributes documentation digitally, eliminating legal risks connected to archiving paper-based records. And the winner is… But ZEISS is no longer being considered for a 2023 SAP Innovation Award , now celebrating its 10 th anniversary.

Manufacturing 98

Manufacturing Snapshot Uncertainty Digital Transformation 98

Jet Global

JULY 5, 2023

What are the top strengths, challenges, and areas of improvement for finance decision-makers in 2023? External Market Challenges are Hampering Finance Teams In 2023, the impact of external factors is clear as the optimism from the previous year has been replaced by pragmatism and realism. The Result?

Finance 52

Finance Uncertainty Reporting Marketing 52

CIO Business Intelligence

DECEMBER 10, 2024

in 2023 to $12T by 2029, achieving that goal will require a fundamental re-think of the traditional private equity business model. In fact, according to Deloitte , just 10% of private equity firms had integrated AI into their operations by the end of 2023. to double in AUM from $5.8T Thats still a stretch for many firms.

Uncertainty 97

Uncertainty Data-driven Marketing Insurance 97

CIO Business Intelligence

OCTOBER 26, 2023

While there is little doubt that companies have been cutting back on expenses generally in response to economic uncertainty, startups in particular have been feeling the pain of contracting budgets and reluctant investors. At this point in time, it needs to be asked whether such a rapid increase in the number of vendors is sustainable.

IT 128

IT Cost-Benefit Data-driven Manufacturing 128

Jet Global

MARCH 20, 2023

As businesses navigate through global economic uncertainties, we’re continuing to invest in this space to speed up operational report production and make it as seamless as possible,” said Lee An Schommer, Chief Product Officer, insightsoftware. The migration to cloud ERPs is increasing, but the need for better operational reporting remains.

Operational Reporting 52

Operational Reporting Reporting Uncertainty Analytics 52

CIO Business Intelligence

NOVEMBER 27, 2023

Cybersecurity risks This one is no surprise, given the scary statistics on the growing number of cyberattacks, the rate of successful attacks, and the increasingly high consequences of being breached. For example, it highlighted a 153% rise in global ransomware attacks from September 2022 to September 2023.

IT 138

IT Digital Transformation Reporting Finance 138

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

MAY 15, 2024

In a world of persistent macroeconomic and business uncertainty, organizations are increasingly looking for ways to grow revenue without adding capacity. Hiring is expensive, takes time, and can be full of risk. It can also help to ensure operations run more smoothly without adding extra cost and risk. All rights reserved.

Cost-Benefit 105

Cost-Benefit Uncertainty Risk Management 105

CIO Business Intelligence

AUGUST 14, 2023

The objectives were lofty: integrated, scalable, and replicable enterprise management; streamlined business processes; and visualized risk control, among other aims, all fully integrating finance, logistics, production, and sales. You can freely access their Innovation Awards pitch deck here.

Key Performance Indicator 98

Key Performance Indicator Sales Manufacturing KPI 98

Jet Global

NOVEMBER 16, 2021

Faced with such monumental potential changes, tax and transfer pricing are now front and centre of MNEs’ operational risk registers. Investing in the right skills and tools that help reduce that risk is a matter for the senior leadership team, not just tax and TP professionals. The Current Picture. Download Now.

Advertising 97

Advertising Forecasting Uncertainty Risk 97

CIO Business Intelligence

NOVEMBER 3, 2023

The 2023 IT salary report from Robert Half reinforces these findings. This overall lack of engagement leads to a sense of detachment, increasing the risk that many in your department may quit or completely check-out in their role.

IT 133

IT Reporting Uncertainty Cost-Benefit 133

CIO Business Intelligence

APRIL 11, 2023

By 2027, 70% of healthcare organizations will rely on digital-first strategies to empower patients to take a more active role in health responsibilities and experiences, notes IDC in its FutureScape Worldwide Healthcare Industry 2023 Predictions report. Betadam: This is why agile is important for our entire organization.

Modeling 98

Modeling IT Strategy Uncertainty 98

CIO Business Intelligence

MARCH 20, 2023

While Love and his 3,500-person IT team were working on that integration, the company announced in January 2023 plans to spin off its acute care and renal units, which is about a third of the business. More than a quarter of CEOs want CIOs to upgrade IT and data security to reduce corporate risk in the next 12 months, according to the survey.

IT 98

IT Digital Transformation Uncertainty Data-driven 98

CIO Business Intelligence

SEPTEMBER 13, 2023

Recent research we conducted with IDC, more than 70% of businesses believe financial and environmental regulations will become more of a threat, while source suggests 88% of boards regard cybersecurity as a business risk. All of this is compounded with the UN triple crisis of climate change, pollution, and biodiversity changes.

IT 98

IT Unstructured Data Uncertainty Strategy 98

CIO Business Intelligence

AUGUST 25, 2023

Accordingly, many CIOs have fashioned themselves into the de facto AI professor within their organizations—developing 101 materials and conducting roadshows to build awareness, explain how generative AI differs from other types, and discuss its risks. He and his peers make a point of emphasizing the risks. That’s the way you want it.

Strategy 98

Strategy Data Strategy Experimentation Uncertainty 98

CIO Business Intelligence

JANUARY 15, 2024

He says to do otherwise would risk being left behind. “AI Storytelling inspires bold change; it inspires teams to follow your vision and take the risks you need to take.” Storytelling makes it memorable, versus facts or concepts that might go in one ear and out the other,” she explains. Who wouldn’t want to be able to do that?

IT 131

IT Consulting Strategy Sales 131

CIO Business Intelligence

OCTOBER 25, 2023

On October 20, 2023, Okta Security identified adversarial activity that used a stolen credential to gain access to the company’s support case management system. Deception changes the dynamics by injecting uncertainty into your environment.

Uncertainty 143

Uncertainty Measurement Data-driven Reporting 143

Jet Global

MAY 16, 2023

May 16, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced the launch of the insightsoftware Platform to ​​bring together the company’s applications in a single location. Good things happen when you’re well connected. We call it The Connect Effect.

Uncertainty 52

Uncertainty Finance Reporting Cost-Benefit 52

CIO Business Intelligence

JULY 7, 2023

As an IT management framework, ITIL can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. As of 2023, ITIL 4 has been fully rolled out and Axelos announced the discontinuation of ITIL 3 at the start of 2022.

Cost-Benefit 98

Cost-Benefit Strategy Management Uncertainty 98

CIO Business Intelligence

FEBRUARY 9, 2023

As organizations continue to adapt and accelerate service delivery, they need to look to modern management solutions to simplify and speed access to the infrastructure and application services teams need, when they need them – without increasing business risk. Complexity is the enemy of cost optimization.

Cost-Benefit 59

Cost-Benefit Uncertainty Risk Optimization 59

CIO Business Intelligence

FEBRUARY 14, 2024

While the past few years have left us with a business landscape scarred by the impact of economic and geopolitical uncertainties, the current AI movement has become a rocket ship for significant transformative changes set to accelerate new opportunities.

Data-driven 72

Data-driven Uncertainty Enterprise Data Warehouse 72

Jet Global

OCTOBER 10, 2023

Further, as the demand for accurate reports and financial predictions increases amid a volatile economy, companies risk employee burnout and turnover. Connected global teams : COVID-19 quickly ushered in a new way of working, and by the end of 2023, Gartner forecasts that 39% of global knowledge workers will operate in a hybrid setting.

Finance 59

Finance Operational Reporting Reporting Forecasting 59

The Unofficial Google Data Science Blog

APRIL 23, 2024

Crucially, it takes into account the uncertainty inherent in our experiments. Risk and Robustness Our estimates $widehat{beta}$ of the "true'' coefficients $beta$ of our model (1) depend on the random data we observe in experiments, and they are therefore random or uncertain. It is a big picture approach, worthy of your consideration.

Experimentation 52

Experimentation Optimization Uncertainty Metrics 52

IBM Big Data Hub

APRIL 18, 2024

According to Andreessen Horowitz (link resides outside IBM.com ) , in 2023, the average spend on foundation model application programming interfaces (APIs), self-hosting and fine-tuning models across surveyed companies reached USD 7 million. The AGI would need to handle uncertainty and make decisions with incomplete information.

Cost-Benefit 89

Cost-Benefit Manufacturing Modeling Interactive 89

CIO Business Intelligence

JULY 10, 2024

And as gen AI is deployed by more companies, especially for high-risk, public-facing use cases, we’re likely to see more examples like this. But only 33% of respondents said they’re working to mitigate cybersecurity risks, down from 38% last year. But plans are progressing slower than anticipated because of associated risks,” she says.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

CIO Business Intelligence

SEPTEMBER 26, 2024

Looking back over a year to my April 2023 column , I stated that from my perspective in the venture world, AI penetration in the enterprise has barely scratched the surface. The latter primarily identifies fall risk, predicts patient issues, etc. Risks with AI are another area of concern. This is like a risk tolerance approach.

Cost-Benefit 115

Cost-Benefit Risk Enterprise Uncertainty 115

Jet Global

FEBRUARY 2, 2023

The State of Construction Industry in 2023 The construction industry has experienced healthy growth in recent years. In 2021, construction spending grew 8% in the United States, and the overall value reached $2 trillion in Q2 2022 alone according to Deloitte’s 2023 Engineering and Construction Industry Outlook. Want to learn more?

Uncertainty 52

Uncertainty KPI Reporting Measurement 52