CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It was many measurements the agents collectively decided was either too many contaminants or not.” They also had extreme measurement sensitivity. Adding smarter AI also adds risk, of course.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

NOVEMBER 13, 2024

Managers tend to incentivize activity metrics and measure inputs versus outputs,” she adds. And we’re at risk of being burned out.” If there are tools that are vetted, safe, and don’t pose security risks, and I can play around with them at my discretion, and if it helps me do my job better — great,” Woolley says.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

JANUARY 21, 2025

As a secondary measure, we are now evaluating a few deepfake detection tools that can be integrated into our business productivity apps, in particular for Zoom or Teams, to continuously detect deepfakes. Theres also the risk of over-reliance on the new systems. While AI is undoubtedly powerful, its not infallible.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

CIO Business Intelligence

JANUARY 21, 2025

These concerns emphasize the need to carefully balance the costs of GenAI against its potential benefits, a challenge closely tied to measuring ROI. Prioritize high-impact use cases: Identify projects with measurable benefits that can give quick wins. Focus on small-scale initiatives with clear objectives to demonstrate value early.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

CIO Business Intelligence

MARCH 25, 2025

Companies should therefore already be taking concrete steps to implement the EU AI Act and the EU Data Act, explains Daniel Andernach , Associated Partner at MHP , an international management and IT consultancy. Only in this way can risks be minimized and the highest compliance standards guaranteed.

IT 95

IT Key Performance Indicator Risk Reporting 95

datapine

OCTOBER 21, 2020

If you put on too many workers, you run the risk of having unnecessary labor costs add up. For example, if a patient’s blood pressure increases alarmingly, the system will send an alert in real-time to the doctor who will then take action to reach the patient and administer measures to lower the pressure. on a permanent basis.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

CIO Business Intelligence

JANUARY 3, 2024

The risk of going out of business is just one of many disaster scenarios that early adopters have to grapple with. And it’s not just start-ups that can expose an enterprise to AI-related third-party risk. Model training Vendors training their models on customer data isn’t the only training-related risk of generative AI.

Risk 131

Risk Modeling Enterprise Marketing 131

CIO Business Intelligence

FEBRUARY 21, 2025

BCCs heavy reliance on Oracle and external consultants became a double-edged sword. Change requests affecting critical aspects of the solution were accepted late in the implementation cycle, creating unnecessary complexity and risk. The councils approach to governance showed a startling lack of independent oversight.

Reporting 90

Reporting Risk Testing Risk Management 90

CIO Business Intelligence

DECEMBER 28, 2023

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. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

MARCH 5, 2025

Top impacts of digital friction included: increased costs (41%)increased frustration while conducting work (34%) increased security risk (31%) decreased efficiency (30%) lack of data for quality decision-making (30%) are top impacts. But organizations within the energy industry are in an especially precarious situation.

Management 86

Management Data-driven Cost-Benefit Risk 86

CIO Business Intelligence

FEBRUARY 20, 2025

This makes it impossible to identify any correlations, explains Viole Kastrati, Senior Consultant SAP BI & Analytics at Nagarro. Solid reporting provides transparent, consistent and combined HR metrics essential for strategic planning, risk management and the management of HR measures.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? Generate Scenarios.

Risk 80

Risk Modeling Risk Management Measurement 80

CIO Business Intelligence

SEPTEMBER 5, 2024

The country’s Industry and Science Minister, Ed Husic, on Thursday, introduced ten voluntary AI guidelines and launched a month-long consultation to assess whether these measures should be made mandatory in high-risk areas. Businesses also called for clearer guidelines to confidently capitalize on the opportunities AI offers.

Consulting 124

Consulting Risk Measurement Finance 124

CIO Business Intelligence

MARCH 4, 2025

It identifies your organizations most critical functions and assesses the potential risks and impacts to income, opportunity, brand, service, mission, and people. It outlines strategies to ensure operations continue, minimize disruption, and drive preventative measures and contingency plans. Business priorities should guide it.

Testing 64

Testing Risk Consulting Risk Management 64

O'Reilly on Data

MARCH 20, 2019

Like many others, I’ve known for some time that machine learning models themselves could pose security risks. And at many companies, many different employees, consultants, and contractors have just that—and with little oversight. Data poisoning attacks have also been called “causative” attacks.)

Modeling 278

Modeling Machine Learning Predictive Modeling Consulting 278

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. The following elucidates the same: l Improved Protective Measures. l Improved Risk Management. Benefits of AI and IoT in Businesses.

IoT 145

IoT Internet of Things Cost-Benefit Consulting 145

IBM Big Data Hub

SEPTEMBER 13, 2023

The role of attack surface management in data breach containment Despite employing an arsenal of cybersecurity measures to protect sensitive data, many organizations find themselves in a relentless race against time, as they strive to bridge the gap between the moment a data breach occurs and when it is effectively contained.

Risk 93

Risk Management Strategy Measurement 93

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge. Conduct ESG assessments.

Risk Management 78

Risk Management Risk Management Metrics 78

CIO Business Intelligence

MARCH 16, 2022

“Leaders tend to focus on the vision of the future state, and project teams tend to focus on sharing their new great idea,” says Matt Mead, CTO at SPR Consulting. and ‘What is the risk of not changing?’”. To that end, his technology organization is hyper-focused on measuring and reporting on its performance.

Management 143

Management Measurement Metrics Consulting 143

CIO Business Intelligence

AUGUST 30, 2023

In my previous column in May, when I wrote about generative AI uses and the cybersecurity risks they could pose , CISOs noted that their organizations hadn’t deployed many (if any) generative AI-based solutions at scale. Today, it is, as they create a mysterious new risk and attack surface to defend against.

Enterprise 132

Enterprise Risk Measurement Software 132

CIO Business Intelligence

OCTOBER 16, 2023

PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three. Cybersecurity experts at Verizon Consulting Services draw on hands-on experience in solving payment card security challenges dating back to the formation of the PCI security regulation in 2002.

Gap analysis 128

Gap analysis Consulting Risk Measurement 128

CIO Business Intelligence

MAY 22, 2024

The signatories agreed to publish — if they have not done so already — safety frameworks outlining on how they will measure the risks of their respective AI models. The risks might include the potential for misuse of the model by a bad actor, for instance. So, in a way, it is a step towards ethical AI.”

Risk Management 122

Risk Management Risk Publishing Modeling 122

datapine

MAY 2, 2023

According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. In other words, UPS found that turning into oncoming traffic was causing a lot of delays, wasted fuel, and increased safety risk. Your Chance: Want to test a professional logistics analytics software?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

CIO Business Intelligence

FEBRUARY 15, 2023

“Very often, IT teams don’t consider other, non-IT, activities that can affect their user base and their ability to collaborate,” says Seth Lively, US digital lead at IT consulting firm PA Consulting. Weak commitment Indecision and a poor risk appetite are two common reasons why CIOs frequently delay an important IT initiative.

IT 133

IT Consulting Digital Transformation Cost-Benefit 133

CIO Business Intelligence

SEPTEMBER 26, 2023

Management rules typically exist to enable faultless decision-making, set a foundation for consistent operation, and provide protection from risk, observes Ola Chowning, a partner at global technology research and advisory firm ISG. Breaking a rule often happens after the CIO weighs the risk of removing or retaining a mandate,” she notes.

IT 141

IT Risk Cost-Benefit Consulting 141

IBM Big Data Hub

DECEMBER 8, 2023

.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 67

Risk Strategy Risk Management Insurance 67

CIO Business Intelligence

AUGUST 6, 2024

This article explores the lessons businesses can learn from the CrowdStrike outage and underscores the importance of proactive measures like performing a business impact assessment (BIA) to safeguard operations against similar disruptions. This helps mitigate risks and ensures accountability.

Risk Management 111

Risk Management Risk Testing Finance 111

CIO Business Intelligence

DECEMBER 30, 2024

That means companies can use it on tough code problems, or large-scale project planning where risks have to be compared against each other. Today, consultants get continuing education to stay abreast of new laws, or reach out to colleagues who are already experts in them. Take for example that task of keeping up with regulations.

ROI 141

ROI Software Modeling Interactive 141

datapine

MARCH 8, 2021

Healthcare specialist Kaiser Permanente, for example, leveraged healthcare reporting to assess, survey, and analyze patients that were at the biggest risk of a potential suicide attempt, discovering that the top 1% of patients flagged were 200 times more likely to take their own life. Cutting down unnecessary costs.

Reporting 198

Reporting KPI Management Cost-Benefit 198

Smart Data Collective

OCTOBER 26, 2023

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.

Technology 123

Technology Risk Measurement Data-driven 123

CIO Business Intelligence

SEPTEMBER 6, 2023

The discussions address changing regulatory and compliance requirements, and reveal vulnerabilities and threats for risk mitigation.” Ongoing IT security strategy conversations should address the organization’s cyber risk and arrive at strategic objectives, Albrecht says. Do we address cyber scenarios to the extent that we should?

IT 142

IT ROI Risk Strategy 142

CIO Business Intelligence

JUNE 21, 2022

Governance should be designed with adaptability in mind to ensure IT remains in alignment with business objectives, continually providing value while effectively safeguarding the organization against potential risks, Bales says. Poor risk planning. Insufficient operational visibility.

IT 116

IT Risk Measurement Risk Management 116

datapine

JANUARY 24, 2021

Once you have your data analytics questions, you need to have some standard KPIs that you can use to measure them. OK – so far, you’ve picked out some data analysis questions, and you’ve found KPIs to measure them. There are basically 4 types of scales: *Statistics Level Measurement Table*. Did the best according to what?

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

SEPTEMBER 3, 2024

I become downright feral when academics and consultants who have never walked a step in the shoes of digital practitioners question whether IT matters. We need to fix how IT value is measured Most organizations are pretty good at measuring how much is being spent on IT — aka, the inputs. I blamed IT’s value problem on users.

Cost-Benefit 128

Cost-Benefit Measurement Advertising Statistics 128

CIO Business Intelligence

MAY 28, 2024

OpenAI’s creation of a new safety committee at board level follows a string of departures and bad publicity around the company’s attitude to safety, including the dispersal of a “superalignment” team focused on long-term risks led by ex-chief-scientist Ilya Sutskever, who left the company two weeks ago. He’s not alone in that believe.

Risk 116

Risk Risk Management Consulting Modeling 116

CIO Business Intelligence

NOVEMBER 23, 2022

By working closely with them, IT leaders can become more dynamic, proactive, self-determining, self-regulated, flexible, strong, robust, and resilient,” says Dr Suresh A Shan, a technology consultant with Mumbai-based rural non-banking financial company Mahindra & Mahindra Financial Services.

Risk 128

Risk Consulting Enterprise Technology 128

Juice Analytics

JULY 25, 2021

Cherry-picked data points like these risk making your audience suspicious. Rather than leading with the features and capabilities, their sales leaders are more focused on consultative selling. And the measure of success is how you’ve enhanced their confidence in you as an expert. It could be better with data storytelling.

Sales 140

Sales Data-driven Consulting Measurement 140