CIO Business Intelligence

JANUARY 22, 2024

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. As a result, companies find it increasingly difficult to manage their attack surface at the speed and scale necessary to prevent attacks.

Digital Transformation 116

Digital Transformation Risk Cost-Benefit Risk Management 116

IBM Big Data Hub

APRIL 21, 2023

The Corporate Sustainability Reporting Directive (CSRD) reached a provisional political agreement in June 2022, signaling it will take effect in January 2024 for all relevant companies. This move aims to achieve more complete and transparent sustainability reporting across the region. CSRD on track to enter into force in 2024.

Reporting 43

Reporting Metrics Risk Strategy 43

CIO Business Intelligence

OCTOBER 29, 2024

Regulators began fully enforcing NIS 2 in October 2024, and DORA does not take full effect until January 2025. How steep are personal compliance penalties? NIS 2 and DORA are quite new.

Gap analysis 87

Gap analysis Insurance Risk Management Marketing 87

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

AI-enabling on-premises software is preferable where there is some combination of incurring less disruption to operations, faster time to value, lower risk of failure and lower total cost of ownership relative to migrating to the cloud. At the same time, because such AI-enablement is a custom project, there are risks.

Cost-Benefit 130

Cost-Benefit Risk Forecasting Software 130

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.

Machine Learning 137

Machine Learning ROI Data Processing Optimization 137

CIO Business Intelligence

JUNE 12, 2024

C-suites expect big things from IT in 2024, and they’re investing additional money to realize their technological goals. In the Foundry “State of the CIO Study 2024,” more than half (54%) of the surveyed CIOs said their budget would grow this year and only 11% said they would shrink.

Machine Learning 59

Machine Learning Risk Management Consulting Strategy 59

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” In 2024, LinkedIn surveys show that half of all Americans want to change jobs.

ROI 120

ROI IT Manufacturing Metrics 120

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

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain. For instance, production operatives can use mobile devices to report product design concerns using natural speech.

Manufacturing 81

Manufacturing Sales Risk Management Forecasting 81

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. The global healthcare cybersecurity market is set to reach $58.4 So there was a very real gap in our defenses.”

Risk 114

Risk IT IoT Statistics 114

CIO Business Intelligence

JANUARY 19, 2024

Due to be adopted as law by member states by October 2024, the EU Network and Information Systems (NIS2) Directive is the most important cybersecurity legislation ever enacted across member states. Where NIS2 rules are breached, organizations must quickly grasp the reporting requirements and possible financial penalties.

Digital Transformation 92

Digital Transformation Risk Risk Management Interactive 92

Smart Data Collective

APRIL 20, 2023

Data reporting is often a requirement for large corporations, but traditionally it’s been related to finances. Many companies need to report accurate financial data to keep them accountable to their stakeholders and customers. The CSRD replaces the Non-Financial Reporting Directive (NFRD). What is CSRD?

Reporting 94

Reporting Risk Risk Management Finance 94

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 124

IT Digital Transformation ROI Strategy 124

CIO Business Intelligence

JULY 25, 2024

In another, “Over half of organizations report cybersecurity posture to the board of directors at least quarterly.” ( IDC Worldwide CEO Survey , February 2024). Despite these advancements, when an incident is reported, it is often unclear whether it is a security event or not.

IT 90

IT Finance Consulting Reporting 90

CIO Business Intelligence

OCTOBER 15, 2024

According to the State of DevOps Report 2023 , only 18% of organizations achieved elite performance by deploying on demand, having a 5% change failure rate, and recovering from any failed deployment in under an hour.

Enterprise 137

Enterprise Testing Business Objectives Experimentation 137

John Wheeler

JANUARY 31, 2021

Regulations were set aside and associated technological and business risks were given low priority to help with the larger effort to “slow the spread” of the virus. Emerging Technologies: Digital Risk Management Is the Next Big IRM Opportunity. Cool Vendors in Integrated Risk Management.

Uncertainty 59

Uncertainty Risk Management Risk Forecasting 59

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 disclosures will need to be filed as part of the company annual 10-K statements, potentially as soon as the 2024 fiscal year if the final ruling is published by October 2023 as currently expected.

Risk 72

Risk Reporting Data-driven Publishing 72

CIO Business Intelligence

JUNE 18, 2024

Look no further than the 2024 IT marketplace, where the best paying jobs are predominantly technical, and attributes like strong communications and soft skills are all too often deemphasized. It can also happen if a bug is reported by a user, IT fixes it, and no one ever notifies the user that the bug has been fixed.

Risk 104

Risk Software Risk Management Dashboards 104

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

CIO Business Intelligence

FEBRUARY 22, 2024

Increasing pressures around environment, social, and governance (ESG) concerns have organizations across industries turning to their CIOs to revamp their strategies for ESG reporting. To date, many companies have merely repurposed existing technology solutions for their ESG reporting needs.

Software 77

Software Reporting KPI Enterprise 77

CIO Business Intelligence

OCTOBER 20, 2023

According to the 2024 IT Salary report from Robert Half , these are some of the most valuable certifications IT professionals can hold in the coming year. Whatever your reason for getting certified, certifications are a great way to strengthen your resume, set yourself apart from other candidates in a job search, and boost your salary.

IT 135

IT Consulting IoT Testing 135

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 123

IT Management Risk Risk Management 123

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

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

AUGUST 5, 2024

Por ejemplo, en el 2024 CISO Burnout Report , el 80% de los CISO se clasifican a sí mismos como “muy estresados”, el 63% dicen que reciben poco o ningún apoyo en la gestión de sus funciones, y el 50% informan de la pérdida de miembros del equipo debido al estrés en el lugar de trabajo.

Risk Management 100

Risk Management Software Machine Learning Management 100

IBM Big Data Hub

APRIL 11, 2024

EU Parliament’s approval of the EU AI Act (March 2024) The EU AI Act aims to harmonize rules on AI systems across 27 member states to protect fundamental rights, democracy, the rule of law and environmental sustainability from high-risk AI, while boosting innovation and establishing Europe as a leader in the field.

Risk 58

Risk Risk Management Optimization Technology 58

CIO Business Intelligence

JULY 6, 2023

From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees. CYVC offers the possibility to process large amounts of data (semi-) automatically in a short time frame and identifies risks based on different assessment methods.

Cost-Benefit 69

Cost-Benefit Risk Digital Transformation Risk Management 69

AWS Big Data

JULY 9, 2024

For example, in the financial services industry, a risk management process might need to be run whenever trading data from any regional market is refreshed, or when both trading and regulatory updates are available. task def reporting(): # Task for reporting. task def notifications(): # Task for notifications.

Data-driven 85

Data-driven Reporting Management Risk 85

CIO Business Intelligence

APRIL 28, 2022

Its success is one of many instances illustrating how the financial services industry is quickly recognizing the benefits of data analytics and what it can offer, especially in terms of risk management automation, customized experiences, and personalization. . compounded annual growth from 2019 to 2024. .

Analytics 81

Analytics Insurance Big Data Uncertainty 81

AWS Big Data

JANUARY 31, 2024

Background Options Price Reporting Authority (OPRA) serves as a crucial securities information processor, collecting, consolidating, and disseminating last sale reports, quotes, and pertinent information for US Options. With 18 active US Options exchanges and over 1.5 With 18 active US Options exchanges and over 1.5

Marketing 89

Marketing Analytics Visualization Strategy 89

IBM Big Data Hub

JANUARY 30, 2024

billion in 2024, up from $563.6 Build a zero-trust security approach According to a recent IBM IBV study , the average organization uses more than eight to nine cloud infrastructure environments at any given time, increasing the risk of security threats from bad actors and putting sensitive data at risk. to total $678.8

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

SEPTEMBER 10, 2024

Studies like Foundry’s 2024 State of the CIO report reveal a dramatic change in attitude. My experience aligns with this trend. Balancing risk and innovation Despite these challenges, genAI offers immense potential to enhance employee productivity and create new opportunities.

IT 103

IT Risk Risk Management Predictive Modeling 103

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.” We’ve already seen many examples of corporate AIs not performing as intended. Finetuning needs a data set the size of between 0.5%

Risk 118

Risk Insurance Modeling Manufacturing 118

CIO Business Intelligence

APRIL 15, 2024

Nimesh Mehta, SVP and chief information and strategy officer, National Life Group National Life Group The 2024 State of CIO research clearly depicts a more prominent, business-centric role for IT leadership. “For CIOs, understanding the business is table stakes — now we’re expected to change the business, not just technology.”

Digital Transformation 122

Digital Transformation Strategy Technology Enterprise 122

CIO Business Intelligence

JULY 17, 2024

Many governments have started to define laws and regulations to govern how AI impacts citizens with a focus on safety and privacy; IDC predicts that by 2028 60% of governments worldwide will adopt a risk management approach in framing their AI and generative AI policies ( IDC FutureScape: Worldwide National Government 2024 Predictions ).

Enterprise 91

Enterprise Consulting Risk Management Advertising 91

CIO Business Intelligence

MARCH 20, 2024

In Accenture’s Technology Vision 2024 report , we explore how leading businesses have kick-started a race toward a new era of value and capability, and their strategies are underpinned by the common thread that technology is becoming more human. When it comes to generative AI, invest more in your people than the technology.

IT 119

IT Strategy Enterprise Technology 119

Jet Global

FEBRUARY 15, 2024

2024 is set to be a fascinating year in the finance space with advancements that help organizations continue to do more with stretched resources and continued staffing shortages. Secondly, by analyzing automated reports and pinpointing areas for improvement, teams uncover concrete use cases where AI can deliver the most significant impact.

Finance 52

Finance Reporting Software Operational Reporting 52