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.

Risk Management 48

Risk Management Insurance Cost-Benefit Risk 48

CIO Business Intelligence

SEPTEMBER 30, 2024

In fact, IT’s embrace of AI is nearly ubiquitous, with 89% of IT decision-makers surveyed for Foundry’s 2024 CIO Tech Priorities study saying they’re researching, piloting, or currently using AI-enabled technologies — up from 72% in 2023. She also sees AI transforming how work happens — an area that yields particularly disruptive results.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

DECEMBER 10, 2024

Bogdan Raduta, head of AI at FlowX.AI, says, Gen AI holds big potential for efficiency, insight, and innovation, but its also absolutely important to pinpoint and measure its true benefits. That gives CIOs breathing room, but not unlimited tether, to prove the value of their gen AI investments.

Sales 131

Sales Metrics Data-driven Measurement 131

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 130

IT Digital Transformation ROI Strategy 130

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

NOVEMBER 4, 2024

We launched the proof-of-value pilot in November 2023 and rolled it out to all team members by February 2024. AI governance is not just about protecting the enterprise from data leakage or intellectual property theft but also keeping costs in line with budgets, observers note. It was very quick, and we have learned a lot.

Uncertainty 127

Uncertainty Cost-Benefit Risk Experimentation 127

CIO Business Intelligence

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage.

Enterprise 142

Enterprise Testing Business Objectives Experimentation 142

CIO Business Intelligence

JULY 25, 2024

Offered by the ISACA, the CRISC certification validates your ability to understand and mitigate enterprise IT risk using the latest best practices to identify, analyze, evaluate, assess, prioritize, and respond to risks. It’s best suited for CIOs, IT executives, current or future IT managers, project managers, and business analysts.

IT 129

IT Management Risk Risk Management 129

CIO Business Intelligence

JULY 6, 2023

One thing is for sure – meeting ESG goals can drive value if it can be done consistently, with automation and minimal costs. From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees.

Cost-Benefit 79

Cost-Benefit Risk Digital Transformation Risk Management 79

IBM Big Data Hub

JANUARY 30, 2024

Increasingly, enterprise organizations are adopting a multicloud approach—the use of cloud services from more than one cloud vendor—to optimize performance, control costs and prevent vendor lock-in. billion in 2024, up from $563.6 Uncontrolled costs: More clouds and cloud services translate into more cloud bills.

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

OCTOBER 14, 2024

Focused on digitization and innovation and closely aligned with lines of business, some 40% of IT leaders surveyed in CIO.com’s State of the CIO Study 2024 characterize themselves as transformational, while a quarter (23%) consider themselves functional: still optimizing, modernizing, and securing existing technology infrastructure.

Digital Transformation 129

Digital Transformation Experimentation Cost-Benefit Risk 129

IBM Big Data Hub

MAY 8, 2024

The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. Orchestration solutions improve the efficacy and efficiency of risk management along digital user journeys. Identity orchestration Identity and access management projects are complex enough with many taking 12-18 months.

Risk 80

Risk Cost-Benefit Risk Management Management 80

CIO Business Intelligence

FEBRUARY 22, 2024

Amy Cravens, research manager for GRC and ESG at analyst firm IDC, anticipates significant market growth in 2024 and 2025 “as companies prepare for regulatory requirements and perhaps suffer ramifications of compliance failures resulting from insufficient tech enablement.” And broader capabilities may come with a bigger price tag.

Software 88

Software Reporting KPI Enterprise 88

Jen Stirrup

OCTOBER 13, 2024

I attended Commvault SHIFT in London on 8th October 2024. Commvault SHIFT 2024 LondonKey Takeaways Moving to Cyber Resilience Companies often only consider data properly once there is an issue. At the event, it was good to see a strong focus on the complexities of data management, particularly in the context of cloud migration and AI.

Machine Learning 52

Machine Learning Strategy Risk Enterprise 52

IBM Big Data Hub

JUNE 10, 2024

Projections by the US Census Bureau list the 2024 global population at around 8 billion people. By running advanced analyses on such data and then applying a range of different scenarios to that data, risk management systems that CPUs enable can help financial institutions reduce losses. There are approximately 7.8

Manufacturing 64

Manufacturing Forecasting Data-driven Internet of Things 64

CIO Business Intelligence

SEPTEMBER 10, 2024

Studies like Foundry’s 2024 State of the CIO report reveal a dramatic change in attitude. Despite this evolution, resistance to viewing technology as anything more than a cost center persists at the highest levels of organizations. However, its impact on culture must be carefully considered to maximize benefits and mitigate risks.

IT 113

IT Risk Risk Management Predictive Modeling 113

CIO Business Intelligence

MARCH 18, 2024

billion in 2024 to $521.0 Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. “We When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. billion on 2027.

Risk 131

Risk Cost-Benefit Data Processing Testing 131

CIO Business Intelligence

JULY 24, 2024

Late last year in California, for instance, a ChatGPT-powered chatbot promised a Chevrolet of Watsonville customer a 2024 Chevy Taho for $1, adding “and that’s a legally binding offer — no takesies backsies.” For example, a large insurance company used the cost of health care as the basis of an algorithm to evaluate severity. “It

Risk 126

Risk Insurance Modeling Manufacturing 126

CIO Business Intelligence

AUGUST 7, 2024

The following 10 award-winning projects showcase the impressive power of IT in the enterprise today and the ingenuity of modern CIOs and their teams, serving as representatives for the cohort of 2024 honorees. Now fully deployed, TCS is seeing the benefits. The project is really about a whole new way of doing business,” Waheed says.

IT 118

IT Insurance Cost-Benefit Testing 118

Jet Global

JUNE 17, 2024

Benefits of Cash Flow Forecasting Business owners from start-ups to enterprise-level organizations know that cash flow forecasting is necessary but may not realize just how many benefits can be reaped from an accurate cash flow forecast. This may include revenues from sales, investments, loans, and any other sources of cash receipts.

Forecasting 52

Forecasting Finance Sales Cost-Benefit 52