CIO Business Intelligence

DECEMBER 9, 2024

The transformative impact of artificial intelligence (AI)and, in particular, generative AI (GenAI)emerged as a defining theme at the CSO Conference & Awards 2024: Cyber Risk Management. Mark Skalny Mark Skalny (c)2024 Mark Skalny The operational implications of AI adoption were another key focus of the conference.

Cost-Benefit 64

Cost-Benefit Risk Risk Management Predictive Analytics 64

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.” Here are three strategies for getting it done.

ROI 122

ROI IT Manufacturing Metrics 122

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

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on.

Risk Management 128

Risk Management Risk Enterprise Insurance 128

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 141

Machine Learning ROI Data Processing Optimization 141

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

OCTOBER 17, 2022

From the point- of view of financial institutions, that elevation of risk has consequences across multiple aspects of their business, such as how they consume technology and how they transform their business by transitioning to new technologies like cloud computing. Countdown to 2024. Educate and get buy-in from senior management.

Risk Management 102

Risk Management Risk Enterprise Insurance 102

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. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

Risk 124

Risk IT IoT Statistics 124

CIO Business Intelligence

DECEMBER 10, 2024

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.

Sales 131

Sales Metrics Data-driven Measurement 131

CIO Business Intelligence

AUGUST 6, 2024

According to IDC Research, “Downtime continues to cost cloud buyers” (IDC’s Cloud Pulse, 4Q23: Executive Summary, Part II — 2024 Cloud Return on Investment). Vendor risk management Assess vendor capabilities: Regularly evaluate the risk management and disaster recovery capabilities of key vendors.

Risk Management 103

Risk Management Risk Testing Finance 103

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. This resulted in increased profitability and strengthened competitive positioning within the industry.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

NOVEMBER 21, 2024

AI and GenAI Regulatory Landscape, IDC, July 2024). China follows the EU, with additional focus on national security In March 2024 the Peoples Republic of China (PRC) published a draft Artificial Intelligence Law, and a translated version became available in early May.

Consulting 105

Consulting Risk Risk Management Marketing 105

CIO Business Intelligence

OCTOBER 15, 2024

Multicloud architectures, applications portfolios that span from mainframes to the cloud, board pressure to accelerate AI and digital outcomes — today’s CIOs face a range of challenges that can impact their DevOps strategies.

Enterprise 142

Enterprise Testing Business Objectives Experimentation 142

CIO Business Intelligence

APRIL 5, 2024

The 118th session of Congress, covering 2023 and 2024, may end up as the least productive session in US history, with only 47 bills passed and becoming law between the beginning of 2023 and April 1 of this year. However, Congress, mired in partisan infighting, seems unlikely to move forward on serious AI legislation anytime soon.

Risk 118

Risk Insurance Interactive Strategy 118

CIO Business Intelligence

DECEMBER 20, 2024

Further, no agencies fully mapped mitigation strategies to risks, because the level of risk was not evaluated. Some risks, he said, may be identified as significant enough to warrant mitigation regardless of precise quantification of that risk.

Risk 72

Risk Reporting Strategy Risk Management 72

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. GAQM offers an e-course that takes 30 to 35 hours on average to complete that you can take prior to taking the exam.

IT 129

IT Management Risk Risk Management 129

CIO Business Intelligence

JULY 2, 2024

Recently, MENA and Central Asian telecoms stakeholders came together at a roundtable during MWC Shanghai 2024, the leading connectivity event in Asia Pacific. It also explored how carriers, enterprises, oversight agencies, and regulators can enhance mobile security capabilities and provide guidance for risk management strategies.

Experimentation 103

Experimentation Digital Transformation Risk Management Risk 103

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

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. This requires a holistic enterprise transformation. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

CIO Business Intelligence

NOVEMBER 4, 2024

AI governance frameworks and platforms Travelers is another large enterprise that has been developing its AI governance strategy for some time, says Mojgan LeFebvre, the company’s EVP and chief technology and operations officer. It was very quick, and we have learned a lot.

Uncertainty 127

Uncertainty Cost-Benefit Risk Experimentation 127

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). Depending on the organization, the CISO may report to the CIO, the risk management organization, or in some cases to the CEO or CFO.

IT 101

IT Finance Consulting Reporting 101

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

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 88

Software Reporting KPI Enterprise 88

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. The key to differentiation comes in getting data protection right, as part of an overall data strategy.

Risk Management 60

Risk Management Risk Strategy Data Strategy 60

CIO Business Intelligence

DECEMBER 6, 2024

16, 2024, DSAG surveyed 267 representatives of member company in its Financials subgroup, which includes verticals such as financial services, energy supply, real estate, audit and risk management, data protection, and taxes. 15 to Sept. In addition to the 47% on ECC, 42% are using S/4HANA (Classic Edition) on-premises.

Risk Management 52

Risk Management Risk Strategy Software 52

AWS Big Data

JANUARY 31, 2024

Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. About the Authors Pramod Nayak is the Director of Product Management of the Low Latency Group at LSEG.

Marketing 93

Marketing Analytics Visualization Strategy 93

CIO Business Intelligence

DECEMBER 13, 2024

Discover Financial Services has moved aggressively to the cloud in 2024 with a migration strategy focused on retaining hybrid flexibility and making the most of cloud elasticity. EVP and CIO Jason Strle, who joined Discover 18 months ago after CIO and CTO roles at Wells Fargo and JPMorgan Chase & Co.,

Digital Transformation 59

Digital Transformation Risk Risk Management Enterprise 59

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. The commission’s adoption of the rules is two years in the making.

Risk 52

Risk Gap analysis Reporting Risk Management 52

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

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. One issue is that organisations must rethink their cybersecurity strategies as they become cloud-first.

Machine Learning 52

Machine Learning Strategy Risk Enterprise 52

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.

Risk 72

Risk Reporting Data-driven Publishing 72

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. Companies that are already subject to the NFRD will need to report on 2024 data (reporting year 2025). CSRD on track to enter into force in 2024.

Reporting 43

Reporting Metrics Risk Strategy 43

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

IBM Big Data Hub

MARCH 20, 2024

This is evident from emerging regulatory requirements and expectations in UK (Bank of England’s Critical Third-Party regime), Europe (Digital Operational Resilience Act)), Australia (APRA CPS-230 Operational Risk Management) and Canada (OSFI – Operational Resilience and Operational Risk Management), etc.

Risk Management 72

Risk Management Risk Enterprise Business Services 72

IBM Big Data Hub

MAY 14, 2024

Companies across industries are realizing the need to integrate artificial intelligence (AI) into their core strategies from the top to avoid falling behind. IBM has developed tools and strategies to help agencies adopt AI efficiently and responsibly in various environments. “Establish an enterprise-wide approach.”

Risk 83

Risk Risk Management Measurement Strategy 83

CIO Business Intelligence

APRIL 15, 2024

The senior vice president and chief information and strategy officer at National Life Group, has spent years executing a technology roadmap to modernize the insurance company. Case in point: Mehta, who now has the responsibility of developing National Life’s three-year enterprise strategy.

Digital Transformation 128

Digital Transformation Strategy Technology Enterprise 128

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 101

Enterprise Consulting Risk Management Advertising 101