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How AI and IoT Solutions Can Improve Your Business

Smart Data Collective

In today’s modern era, AI and IoT are technologies poised to impact every part of the industry and society radically. In addition, as companies attempt to draw better significance from the huge datasets gathered by linked devices, the potential of AI is accelerating the wider implementation of IoT. l Improved Risk Management.

IoT 145
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3 questions to ask before adopting 5G for IoT

CIO Business Intelligence

The power of 5G networks will one day usher in new generations of IoT applications, but large-scale adoption may still be a long way off. Moreover, enterprise use of 5G for IoT is so new that anybody who uses it now will have to face all the challenges that come with being an early adopter.

IoT 126
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What is GRC? The rising importance of governance, risk, and compliance

CIO Business Intelligence

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Stanley also notes that “technology advances, like AI, IoT and cloud computing, have also introduced compliance challenges and new cybersecurity threats.”

Risk 115
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Data breach prevention: 5 ways attack surface management helps mitigate the risks of costly data breaches

IBM Big Data Hub

Incorporating an effective attack surface management tool into your security strategy can significantly help you mitigate the risks of data breaches. Because hackers don’t limit their reconnaissance efforts to what’s in your inventory, these unknown assets put you at risk.

Risk 93
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How Data Analytics Is Changing The Insurance Industry

Smart Data Collective

The insurance industry is based on the idea of managing risk. To determine this risk, the industry must consult data and see what trends are evident to draft their risk profiles. The in-depth analysis of historical data gives insurers a platform to base their determination of risk. Seeing Into the Future.

Insurance 110
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Digital transformation – from mainframes to the ‘deeply digital’ organisation

CIO Business Intelligence

At the same time, addressing risk is an inherent part of making digital transformation work, says Paul Henninger , partner at KMPG and head of technology consulting. By being more distributed and data-driven, digital transformation creates the sort of risks that can only be addressed through careful design. “If

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AI Technology is Invaluable for Cybersecurity

Smart Data Collective

AI poses a number of benefits and risks for modern businesses. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information. Cybersecurity aims to stop malicious activities from happening by preventing unauthorized access and reducing risks.