CIO Business Intelligence

MARCH 1, 2024

While the promise of AI can fundamentally reshape business operations, it has also created new risk vectors and opened the doors to nefarious individuals that most enterprises are not currently equipped to mitigate. Securing from AI : Just like most new technologies, artificial intelligence is a double-edged sword.

Risk 119

Risk Reporting Modeling Strategy 119

AWS Big Data

DECEMBER 4, 2024

This week on the keynote stages at AWS re:Invent 2024, you heard from Matt Garman, CEO, AWS, and Swami Sivasubramanian, VP of AI and Data, AWS, speak about the next generation of Amazon SageMaker , the center for all of your data, analytics, and AI. The relationship between analytics and AI is rapidly evolving.

Data Analytics 104

Data Analytics Analytics Data Lake Data Quality 104

datapine

NOVEMBER 27, 2019

This is one of the major trends chosen by Gartner in their 2020 Strategic Technology Trends report , combining AI with autonomous things and hyperautomation, and concentrating on the level of security in which AI risks of developing vulnerable points of attacks. Industries harness predictive analytics in different ways. 9) Data Automation.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

NOVEMBER 20, 2024

At its Microsoft Ignite 2024 show in Chicago this week, Microsoft and industry partner experts showed off the power of small language models (SLMs) with a new set of fine-tuned, pre-trained AI models using industry-specific data.

Manufacturing 122

Manufacturing Marketing Finance Modeling 122

Aryng

JANUARY 8, 2024

Does it seem like 2024 is starting with more uncertainty compared to previous years? Whether to risk […] The post Data Literacy Planning 2024: Adapting to Economic Uncertainty appeared first on Aryng's Blog. Charts like FRED certainly support that feeling.

Uncertainty 52

Uncertainty Risk IT Data Science 52

CIO Business Intelligence

JULY 23, 2024

Pressure from above Some companies may overstate their AI use because they don’t understand what AI encompasses, says Shargel, who co-authored a blog post in January about AI washing. It’s a scary level of uncertainty and risk, and that makes it difficult to use as a rip and replace for existing technologies.”

Uncertainty 131

Uncertainty Machine Learning Business Intelligence Marketing 131

IBM Big Data Hub

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. An investment in the tools and infrastructure to combat such threats is likely to occur in 2024.

Insurance 48

Insurance Risk Management Cost-Benefit Risk 48

CIO Business Intelligence

MAY 3, 2024

MeRA, which has earned UPS a 2024 CIO 100 Award for IT innovation and leadership, automates responses to some of the roughly 52,000 customer e-mails UPS receives each day, according to the company. Firms are very concerned that without applying genAI to customer-facing apps, they are at high risk of disruption.”

Testing 140

Testing Sales Enterprise Digital Transformation 140

erwin

JANUARY 23, 2025

IDC MarketScape: Worldwide Data Intelligence Platform Software 2024 Vendor Assessment (doc #US51467224, November 2024) [ Read the IDC Report excerpt where Quest Software is named as a Leader ] BARC “The erwin Data Intelligence by Quest suite is a comprehensive solution for enterprise data management.

Metadata 52

Metadata Data Quality Data Governance Software 52

CIO Business Intelligence

JULY 10, 2024

In many cases, it’s cybersecurity, which ranks at the top of the list of factors driving increased IT spending in 2024. And what are the risks that GenAI investments in this domain will turn out to be duds that fail to create real value? Which cybersecurity capabilities does GenAI unlock?

Risk 123

Risk Marketing Metadata Technology 123

Cloudera

JUNE 6, 2024

Recently, Cloudera, alongside OCBC, were named winners in the“ Best Big Data and Analytics Infrastructure Implementation ” category at The Asian Banker’s Financial Technology Innovation Awards 2024. The Role of AI in Banking 2024 continues to witness the rapid development of AI and its applications, with GenAI leading the charge.

Contextual Data 83

Contextual Data Data Lake Data-driven Risk 83

Cloudera

SEPTEMBER 27, 2024

Cloudera customers understand the potential impact of data, analytics, and AI on their respective businesses — reducing costs, managing risk, improving customer satisfaction, and generating new business opportunities that help to increase market share.

Interactive 90

Interactive Data-driven Data Analytics Risk 90

Cloudera

NOVEMBER 16, 2020

million by 2024, a CAGR of 25.8% from 2019 to 2024. At Cloudera, we observe with our insurance customers that given current market developments such as COVID-19, hurricanes, wildfires, economic downturns, and low-interest rates, there is an increased risk of fraud. million in 2019 to $7.9

Insurance 101

Insurance ROI Marketing Machine Learning 101

Jen Stirrup

MAY 22, 2024

In this blog post about Microsoft Build 2024, I will focus on AI Search and RAG modelling. The Microsoft Build Conference, which will take place from May 21 to 23, 2024 , is a platform for Microsoft to unveil a range of innovations and announcements. What are the risks of RAG for businesses?

Cost-Benefit 45

Cost-Benefit Risk Modeling Business Objectives 45

IBM Big Data Hub

FEBRUARY 26, 2024

In January of 2024, Meta CEO Mark Zuckerberg announced in an Instagram video that Meta AI had recently begun training Llama 3. Should the next generation of models follow a similar timeline, they would be released by sometime around July 2024. ” How will Llama 3 compare to Llama 2?

Modeling 117

Modeling Visualization Risk IT 117

datapine

DECEMBER 4, 2019

Applied to business, it is used to analyze current and historical data in order to better understand customers, products, and partners and to identify potential risks and opportunities for a company. BN by the end of 2024, according to MarketWatch. In fact, the market size is expected to reach $6.0

Business Intelligence 212

Business Intelligence Prescriptive Analytics Analytics Predictive Analytics 212

IBM Big Data Hub

MAY 13, 2024

This blog series demystifies enterprise generative AI (gen AI) for business and technology leaders. In the previous blog , we discussed the differentiated approach by IBM to delivering enterprise-grade models. Mitigate risks : Relying on a single model or a limited selection can be risky.

Modeling 70

Modeling Cost-Benefit Risk Testing 70

IBM Big Data Hub

APRIL 15, 2024

It exists because the profits are high while the risks are low. According to the 2024 IBM® X-Force® Threat Intelligence Index , ransomware has become the most common attack observed globally in the past four years. Far from stopping, cybercrime is constantly increasing.

Snapshot 96

Snapshot Machine Learning Interactive Statistics 96

Cloudera

APRIL 23, 2024

The judging process took place over two phases from October 2023 to March 2024. Mike shares insights and ideas as a LinkedIn influencer, writing his ENGAGE newsletter and blog, and hosting “The Sustainability Communicator” podcast. appeared first on Cloudera Blog. The post Climate and Sustainability Hackathon—Meet the Judges!

Machine Learning 90

Machine Learning Data Science Data-driven Data Processing 90

CIO Business Intelligence

JULY 22, 2024

Data from IDC’s 2024 North American IT Skills Survey reports the impacts of IT skills gaps: 62% report impacts to achieving revenue growth objectives 59% report declines in customer satisfaction 60% are dealing with slower hardware/software deployments. IT skills are too critical to be left to books and certificates that hang on a wall.

Digital Transformation 111

Digital Transformation IT Cost-Benefit Software 111

IBM Big Data Hub

MAY 8, 2024

The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. The risk of valid identities being used as the entry point by bad actors is expected to continue with the ever-increasing applications and systems being added in today’s hybrid environments. Hackers don’t hack in; they log in.

Risk 80

Risk Cost-Benefit Risk Management Management 80

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. Higher risk tiers have more transparency requirements including model evaluation, documentation and reporting.

Risk Management 72

Risk Management Risk Machine Learning Metrics 72

DataRobot Blog

SEPTEMBER 1, 2022

IDC 2 predicts that by 2024, 60% of enterprises would have operationalized their ML workflows by using MLOps. Imagine yourself as a pilot operating aircraft through a thunderstorm; you have all the dashboards and automated systems that inform you about any risks. Operational Efficiency with AI Inside.

Metrics 145

Metrics Statistics Modeling Data Science 145

CIO Business Intelligence

SEPTEMBER 12, 2023

Over 100,00 organizations are expected to be impacted by Network and Information Security Directive (NIS2) cybersecurity standards that European Union (EU) member states must implement by October 2024. [i] Zero Trust network security offers cybersecurity benefits vs. traditional perimeter-based network security models. i] S ievers, T.

IoT 97

IoT Measurement Manufacturing Finance 97

IBM Big Data Hub

MARCH 4, 2024

In 2024, companies confront significant disruption, requiring them to redefine labor productivity to prevent unrealized revenue, safeguard the software supply chain from attacks, and embed sustainability into operations to maintain competitiveness. Otherwise, the risks become too significant.

Enterprise 96

Enterprise ROI Risk Strategy 96

IBM Big Data Hub

SEPTEMBER 15, 2023

For the first wave of companies affected, sustainability reports will be required as soon as fiscal year 2024. These requirements will likely mandate publicly traded companies to disclose their greenhouse gas (GHG) emissions footprint, climate-related goals, and progress, as well as climate-risk related financial impact and expenditures.

Reporting 72

Reporting Risk Data-driven Publishing 72

IBM Big Data Hub

MARCH 20, 2024

Organizations in the financial services, healthcare and other regulated sectors must place an even greater focus on managing risk—not only to meet compliance requirements, but also to maintain customer confidence and trust. Similarly, in the U.S.

Risk Management 72

Risk Management Risk Enterprise Business Services 72

IBM Big Data Hub

JANUARY 30, 2024

billion in 2024, up from $563.6 Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. Security risks: Maintaining strong security measures is a critical component of enterprise cloud adoption. to total $678.8 billion in 2023.

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

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. The United Nations’ Intergovernmental Panel on Climate Change (IPCC) predicts people living in Africa, Australia, North America and Europe will face health risks due to rising temperatures and heat waves.

Forecasting 113

Forecasting Modeling Reporting Risk 113

Cloudera

MARCH 26, 2024

The release of LLMs surged by 136% in 2023 compared to 2022, and this upward trend is projected to continue in 2024. The post Don’t Get Left Behind in the AI Race: Your Easy Starting Point is Here appeared first on Cloudera Blog. Companies must act now in order to stay in the AI Race.

Cost-Benefit 84

Cost-Benefit Machine Learning Enterprise Data Processing 84

IBM Big Data Hub

FEBRUARY 6, 2024

Cash as a physical commodity is a costly means of payment, given the security issues, risks and handling costs to every stakeholder in the value chain handling the cash. in 2023-2024. A missed opportunity: The US prioritizes cash over digital advancements In contrast to recent digital payment advancements, the Washington D.C.

Cost-Benefit 86

Cost-Benefit Finance Sales Optimization 86

IBM Big Data Hub

FEBRUARY 15, 2024

Take the just released 2024 IBM Institute for Business Value Consumer Study , which gathered insights from 20,000 consumers across 26 countries. Ignoring shifts in customer behavior, new ideas and, most importantly, feedback from frontline teams is a gamble that risks high employee turnover, customer loss and more.

Technology 60

Technology Data-driven Risk Modeling 60

IBM Big Data Hub

JUNE 1, 2023

The rule proposal would require US publicly traded companies to disclose annually how their businesses are assessing, measuring and managing climate-related risks. This would include disclosure of greenhouse gas emissions as a measure of exposure to climate-related risk.

Risk 56

Risk Reporting Measurement Finance 56

Cloudera

OCTOBER 8, 2024

Now, in 2024, generative AI is moving into the production phase for many companies. A major risk is data exposure — AI systems must be designed to align with company ethics and meet strict regulatory standards without compromising functionality. These innovations pushed the boundaries of what generative AI could achieve.

Optimization 75

Optimization Metrics Experimentation Enterprise 75

IBM Big Data Hub

APRIL 3, 2024

On March 6, 2024, the US Securities and Exchange Commission (SEC) adopted rules to enhance and standardize climate-related disclosures by public companies and in public offerings. IBM offers products that help organizations track and report their environmental impact, and their exposure to climate risk. How can IBM help?

Risk 52

Risk Gap analysis Reporting Risk Management 52

IBM Big Data Hub

APRIL 11, 2024

In An Overview of Catastrophic AI Risks , the authors identify several mitigations that can be addressed through governance and regulation (in addition to cybersecurity). They identify international coordination and safety regulation as critical to preventing risks related to an “AI race.”

Risk 74

Risk Consulting Data Processing Publishing 74

IBM Big Data Hub

JANUARY 19, 2023

By 2024, for instance, 75% of the entire world’s population will have its personal data protected by encryption, multifactor authentication, masking and erasure, as well as data resilience. They go to great lengths to integrate trust, transparency and risk management into the DNA of the company culture and the customer experience.

Risk Management 60

Risk Management Risk Data Strategy Strategy 60