CIO Business Intelligence

JANUARY 22, 2024

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

OCTOBER 3, 2024

Rather than pull away from big iron in the AI era, Big Blue is leaning into it, with plans in 2025 to release its next-generation Z mainframe , with a Telum II processor and Spyre AI Accelerator Card, positioned to run large language models (LLMs) and machine learning models for fraud detection and other use cases. At least IBM believes so.

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140

CIO Business Intelligence

SEPTEMBER 23, 2022

Sovereign Cloud business estimated TAM is $60B by 2025, in no small part due to the rapid increase of data privacy laws (currently 145 countries have data privacy laws) and the complexity of compliance in highly regulated industries.?. Public clouds offer large scale at low cost. VMware Sovereign Cloud providers are….

Data Processing 98

Data Processing Metadata Cost-Benefit Risk Management 98

CIO Business Intelligence

JULY 13, 2023

billion by 2025 , it’s critical that we understand the environmental consequences caused by big tech. By 2025, Enterprise IT will have the equivalent carbon footprint of 463 million passenger vehicles driven for one year. To fulfill this, companies can be transparent about their strategies and risk management. Governance.

IT 98

IT Internet of Things Strategy IoT 98

CIO Business Intelligence

APRIL 22, 2025

As mentioned in the introduction, a balanced approach to risk is essential one that pursues innovation to harness the benefits of emerging technologies while operating within clear guardrails to manage disruption without stifling creativity is necessary. IQ ensures preparedness; EQ enables agility.

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IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. the average cost of a data breach was at its highest, reaching $9.48M. In the U.S.,

Cost-Benefit 74

Cost-Benefit Testing Strategy Risk Management 74

Jen Stirrup

OCTOBER 13, 2024

Despite the growing challenges, Gartner research has shown that, by 2025, over 85% of enterprises will assume a cloud-first strategy, but only half will have implemented proper cloud security measures ( Reference ). They felt the IT department provided a better level of service, and it was easier to estimate costs.

Machine Learning 52

Machine Learning Strategy Risk Enterprise 52

Cloudera

NOVEMBER 18, 2021

Every one of our 22 finalists is utilizing cloud technology to push next-generation data solutions to benefit the everyday people who need it most – across industries including science, health, financial services and telecommunications. And with petabytes of data, both time and cost were significant barriers to analysis.

Data Lake 77

Data Lake Cost-Benefit Digital Transformation Risk 77

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 98

Software Reporting KPI Enterprise 98

Cloudera

SEPTEMBER 10, 2024

However, according to The State of Enterprise AI and Modern Data Architecture report, while 88% of enterprises adopt AI, many still lack the data infrastructure and team skilling to fully reap its benefits. Interestingly, Gartner has predicted that at least 30% of GenAI projects will be abandoned after proof of concept by the end of 2025.

Cost-Benefit 52

Cost-Benefit Data Architecture Metrics Measurement 52

CIO Business Intelligence

APRIL 28, 2023

Sovereign Cloud business estimated the total addressable market (TAM) will be $60bn by 2025, in no small part due to the rapid increase of data privacy laws (currently 145 countries have data privacy laws) and the complexity of compliance in highly regulated industries.​ Public clouds offer large scale at low cost.

Data Processing 69

Data Processing Metadata Cost-Benefit Risk Management 69

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. Value Management or monetization. Risk Management (most likely within context of governance). Product Management. See The Future of Data and Analytics: Reengineering the Decision, 2025. Governance. Architecture.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

MARCH 5, 2025

In AI governance: Act now, thrive later , author Stephen Kaufman provides prevailing guidance that, Companies need to create and implement AI governance policies so that AI can deliver benefits to the organization and the customer, to provide a fair, safe and inclusive system that is trusted by the users.

Risk 121

Risk Risk Management Measurement Modeling 121

Jet Global

JANUARY 14, 2025

Welcome to 2025! 2025 is forecast to be as impactful as any of the last few years, with continuing advancements in financial and business reporting technology promising to help organizations enhance their operational efficiency and effectiveness. Weve survived a lot in the last 25 years.

Finance 52

Finance Reporting Cost-Benefit Software 52

CIO Business Intelligence

NOVEMBER 4, 2024

IDC, for instance, recommends the NIST AI Risk Management Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites best practices for some aspects of AI governance in “ IDC PeerScape: Practices for Securing AI Models and Applications.”

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

APRIL 7, 2025

As per a McKinsey survey, organisations reported cost decreases in human resources, and commonly reported meaningful revenue increases (of more than 5 percent) in supply chain and inventory management. Prioritize scalable cloud infrastructure to support AI workloads while optimizing costs. Myth: AI Is Only for Tech Companies.

ROI 66

ROI Cost-Benefit Risk Enterprise 66

CIO Business Intelligence

MARCH 18, 2025

Information risk management is no longer a checkpoint at the end of development but must be woven throughout the entire software delivery lifecycle. 2025 Banking Regulatory Outlook, Deloitte The stakes are clear.

Risk Management 99

Risk Management Risk Management Metrics 99

CIO Business Intelligence

JANUARY 16, 2025

A lot of companies have plenty of ability to implement AI capabilities in-house if theyre smart about the way they build those capabilities and theyre very careful and conscious about the cost profile of the technologies they put in place, he says. Nag sees IT leaders more likely to be thinking about sustainability and power costs.

Cost-Benefit 124

Cost-Benefit Enterprise Technology ROI 124