CIO Business Intelligence

NOVEMBER 28, 2024

Unsurprisingly, more than 90% of respondents said their organization needs to shift to an AI-first operating model by the end of this year to stay competitive — and time to do so is running out. Courage and the ability to manage risk In the past, implementing bold technological ideas required substantial financial investment.

IT 130

IT Data Governance Risk Consulting 130

BizAcuity

NOVEMBER 13, 2024

BI consulting services play a central role in this shift, equipping businesses with the frameworks and tools to extract true value from their data. As businesses increasingly rely on data for competitive advantage, understanding how business intelligence consulting services foster data-driven decisions is essential for sustainable growth.

Consulting 52

Consulting Data-driven Cost-Benefit Business Intelligence 52

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

IT 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

DECEMBER 19, 2024

So far, no agreement exists on how pricing models will ultimately shake out, but CIOs need to be aware that certain pricing models will be better suited to their specific use cases. Lots of pricing models to consider The per-conversation model is just one of several pricing ideas.

Cost-Benefit 128

Cost-Benefit Modeling ROI Marketing 128

CIO Business Intelligence

NOVEMBER 13, 2024

One is going through the big areas where we have operational services and look at every process to be optimized using artificial intelligence and large language models. But a substantial 23% of respondents say the AI has underperformed expectations as models can prove to be unreliable and projects fail to scale.

IT 141

IT Consulting ROI Cost-Benefit 141

CIO Business Intelligence

JULY 10, 2024

We examine the risks of rapid GenAI implementation and explain how to manage it. Google had to pause its Gemini AI model due to inaccuracies in historical images. These examples underscore the severe risks of data spills, brand damage, and legal issues that arise from the “move fast and break things” mentality.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

AUGUST 21, 2024

According to Gartner, an agent doesn’t have to be an AI model. Starting in 2018, the agency used agents, in the form of Raspberry PI computers running biologically-inspired neural networks and time series models, as the foundation of a cooperative network of sensors. “It Adding smarter AI also adds risk, of course. “At

Risk 136

Risk Insurance Cost-Benefit Software 136

O'Reilly on Data

MARCH 25, 2025

Throughout this article, well explore real-world examples of LLM application development and then consolidate what weve learned into a set of first principlescovering areas like nondeterminism, evaluation approaches, and iteration cyclesthat can guide your work regardless of which models or frameworks you choose. Which multiagent frameworks?

Testing 168

Testing Data-driven Software Measurement 168

IBM Big Data Hub

MAY 25, 2023

IBM Consulting has established a Center of Excellence for generative AI. It stands alongside IBM Consulting’s existing global AI and Automation practice, which includes 21,000 data and AI consultants who have conducted over 40,000 enterprise client engagements. The CoE is off to a fast start.

Consulting 99

Consulting Machine Learning Experimentation Modeling 99

CIO Business Intelligence

JANUARY 21, 2025

Data poisoning and model manipulation are emerging as serious concerns for those of us in cybersecurity. Attackers can potentially tamper with the data used to train AI models, causing them to malfunction or make erroneous decisions. Theres also the risk of over-reliance on the new systems.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

Domino Data Lab

AUGUST 6, 2021

All models require testing and auditing throughout their deployment and, because models are continually learning, there is always an element of risk that they will drift from their original standards. As such, model governance needs to be applied to each model for as long as it’s being used.

Machine Learning 145

Machine Learning Modeling Testing Data Science 145

CIO Business Intelligence

DECEMBER 17, 2024

What are the associated risks and costs, including operational, reputational, and competitive? For AI models to succeed, they must be fed high-quality data thats accurate, up-to-date, secure, and complies with privacy regulations such as the Colorado Privacy Act, California Consumer Privacy Act, or General Data Protection Regulation (GDPR).

Experimentation 98

Experimentation ROI Risk Data Quality 98

CIO Business Intelligence

JANUARY 3, 2024

According to an O’Reilly survey released late last month, 23% of companies are using one of OpenAI’s models. Other respondents said they aren’t using any generative AI models, are building their own, or are using an open-source alternative. And it’s not just start-ups that can expose an enterprise to AI-related third-party risk.

Risk 131

Risk Enterprise Modeling Marketing 131

CIO Business Intelligence

NOVEMBER 6, 2024

Consulting giant Deloitte says 70% of business leaders have moved 30% or fewer of their experiments into production. For example, the Met Office is using Snowflake’s Cortex AI model to create natural language descriptions of weather forecasts. These issues mean many gen AI projects remain stuck at the prototyping stage.

Forecasting 133

Forecasting Risk Technology Strategy 133

CIO Business Intelligence

APRIL 8, 2025

Fragmented systems, inconsistent definitions, legacy infrastructure and manual workarounds introduce critical risks. Key recommendations include investing in AI-powered cleansing tools and adopting federated governance models that empower domains while ensuring enterprise alignment. Manual entries also introduce significant risks.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

FEBRUARY 26, 2025

AI agents are powered by gen AI models but, unlike chatbots, they can handle more complex tasks, work autonomously, and be combined with other AI agents into agentic systems capable of tackling entire workflows, replacing employees or addressing high-level business goals. D&B is not alone in worrying about the risks of AI agents.

IT 141

IT Enterprise Interactive Data Quality 141

CIO Business Intelligence

FEBRUARY 20, 2024

While cloud risk analysis should be no different than any other third-party risk analysis, many enterprises treat the cloud more gently, taking a less thorough approach. Interrelations between these various partners further complicate the risk equation. That’s where the contract comes into play.

Risk 131

Risk Enterprise Strategy Snapshot 131

CIO Business Intelligence

DECEMBER 30, 2024

Small language models and edge computing Most of the attention this year and last has been on the big language models specifically on ChatGPT in its various permutations, as well as competitors like Anthropics Claude and Metas Llama models. Take for example that task of keeping up with regulations.

ROI 141

ROI Software Modeling Interactive 141

CIO Business Intelligence

OCTOBER 30, 2024

She is now CEO of 10Xresponsibletech, a consulting company focused on helping organizations design, integrate, and adopt business-aligned and responsible AI strategies. Will it mitigate risk? And we need to create governance models that can be integrated across functions. Will it drive new business opportunities for us?

Technology 131

Technology Strategy Risk IT 131

CIO Business Intelligence

AUGUST 20, 2024

million to fine-tune gen AI models, and $20 million to build custom models from scratch, according to recent estimates from Gartner. Most SMBs don’t have the resources to create and maintain their own AI models, and they will need to work with partners to run AI models, he adds.

Risk 131

Risk Cost-Benefit Insurance ROI 131

O'Reilly on Data

MARCH 23, 2023

What is it, how does it work, what can it do, and what are the risks of using it? It’s important to understand that ChatGPT is not actually a language model. It’s a convenient user interface built around one specific language model, GPT-3.5, The GPT-series LLMs are also called “foundation models.” GPT-2, 3, 3.5,

IT 346

IT Modeling Testing Risk 346

CIO Business Intelligence

JANUARY 3, 2025

A significant share of organizations say to effectively develop and implement AIOps, they need additional skills, including: 45% AI development 44% security management 42% data engineering 42% AI model training 41% data science AI and data science skills are extremely valuable today.

IT 105

IT Cost-Benefit Data Science Data-driven 105

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

NOVEMBER 16, 2023

A large language model (LLM) is a type of gen AI that focuses on text and code instead of images or audio, although some have begun to integrate different modalities. But there’s a problem with it — you can never be sure if the information you upload won’t be used to train the next generation of the model. Dig Security isn’t alone.

Modeling 139

Modeling Enterprise Sales Marketing 139

CIO Business Intelligence

JANUARY 21, 2025

Excessive infrastructure costs: About 21% of IT executives point to the high cost of training models or running GenAI apps as a major concern. million in 2026, covering infrastructure, models, applications, and services. This emphasizes the difficulty in justifying new technology investments without clear, tangible financial returns.

Cost-Benefit 98

Cost-Benefit ROI Measurement Strategy 98

CIO Business Intelligence

OCTOBER 10, 2024

The growing importance of ESG and the CIO’s role As business models become more technology-driven, the CIO must assume a leadership role, actively shaping how technologies like AI, genAI and blockchain contribute to meeting ESG targets. Similarly, blockchain technologies have faced scrutiny for their energy consumption.

Metrics 124

Metrics Optimization Strategy Technology 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. See also: How resilient CIOs future-proof to mitigate risks.) Then, assess the risk likelihood versus impact. Download the AI Risk Management Enterprise Spotlight.)

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

MARCH 25, 2024

Modern digital organisations tend to use an agile approach to delivery, with cross-functional teams, product-based operating models , and persistent funding. But to deliver transformative initiatives, CIOs need to embrace the agile, product-based approach, and that means convincing the CFO to switch to a persistent funding model.

Modeling 124

Modeling Cost-Benefit IT ROI 124

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The models also reduce private sector customs data collection costs by 40%.

Testing 83

Testing Modeling Cost-Benefit Consulting 83

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.

Risk Management 122

Risk Management Risk Publishing Modeling 122

CIO Business Intelligence

OCTOBER 26, 2023

In this past quarter, we saw good revenue growth in software and consulting,” IBM CEO Arvind Krishna said during an earnings call. This is helping drive solid growth in our software and consulting businesses. However, Krishna said that the company will provide indemnity coverage to support all its large language models.

Consulting 131

Consulting Software Enterprise Modeling 131

CIO Business Intelligence

MARCH 9, 2022

Of course, many enterprises land on embracing both methods, says Nicholas Merizzi, a principal at Deloitte Consulting. Companies need to take a fundamental shift in mindset away from traditional waterfall development toward more agile development principles such as the DevOps model, and automation. Embrace cloud-native principles.

Strategy 145

Strategy Consulting Risk Testing 145

CIO Business Intelligence

SEPTEMBER 10, 2024

We envisioned harnessing this data through predictive models to gain valuable insights into various aspects of the industry. Additionally, we explored how predictive models could be used to identify the ideal profile for haul truck drivers, with the goal of reducing accidents and fatalities. We’re all in it or we are not.

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

AUGUST 6, 2024

Banks increasingly adopt genAI to improve operations, from spend categorization and transaction monitoring to enhancing risk decisions and predictive customer service. Enriched data allows banks to create a comprehensive picture of customer behavior, enabling personalized services and accurate risk assessments.

Consulting 119

Consulting Risk Data-driven Reporting 119

CIO Business Intelligence

MAY 15, 2024

It seems anyone can make an AI model these days. Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name. According to Stanford’s AI Index Report, released in April, 149 foundation models were released in 2023, two-thirds of them open source.

Modeling 137

Modeling Risk Software Enterprise 137

CIO Business Intelligence

FEBRUARY 12, 2024

Companies that are skeptical of SAP’s intent should look no further than SAP’s recent press conference where CEO Christian Kline spoke of the consent SAP has received from 30,000 customers to leverage their data to inform SAP’s foundational models for the purpose of solving complex business problems.

Consulting 118

Consulting Cost-Benefit Strategy Modeling 118

CIO Business Intelligence

FEBRUARY 12, 2024

Ninety percent of C-suite executives are either waiting for genAI to move past its hype cycle or experimenting with it in small pilots because they don’t believe their teams can navigate the transformational change posed by genAI, according to Boston Consulting Group. High-quality data will be the oil that makes your models hum.

IT 137

IT Consulting Cost-Benefit Uncertainty 137