CIO Business Intelligence

MARCH 4, 2025

This diligence results in a decision matrix that balances investment, value, and risk. Download the AI Risk Management Enterprise Spotlight.) Daniel Saroff is group vice president of consulting and research at IDC, where he is a senior practitioner in the end-user consulting practice.

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

FEBRUARY 21, 2025

BCCs heavy reliance on Oracle and external consultants became a double-edged sword. When this review finally occurred and identified key issues, its findings were ignored, highlighting a systemic failure in the councils risk management approach, the report added.

Reporting 90

Reporting Risk Testing Risk Management 90

Smart Data Collective

SEPTEMBER 28, 2021

There are IoT solutions that can assist them in collecting data and performing analytics for inventory management. l Improved Risk Management. Also, IoT consulting services might help companies reach their full potential. There are also some consulting firms that provide development services for IoT solutions.

IoT 145

IoT Internet of Things Cost-Benefit Consulting 145

Smart Data Collective

AUGUST 30, 2023

Cloud Technology is Changing the Future of PSA Software Development In an era marked by rapid technological advancements, many consultancies remain reliant on makeshift solutions. In contrast, a mere 17% utilize a professional services automation (PSA) system to manage their operations. Keep reading to learn more.

Software 123

Software Technology Consulting Forecasting 123

CIO Business Intelligence

JUNE 6, 2024

Some enterprises struggle with executing a critical step in their AI journeys: developing and establishing AI guardrails and ethical policies within their organization, according to the Texas-based non-profit, whose members include Amazon Web Services, Boston Consulting Group, ATB Financial, and Shell.

Risk Management 131

Risk Management Risk Data-driven Consulting 131

CIO Business Intelligence

MAY 22, 2024

The Frontier commitments also enables “organizations to determine their own thresholds for risk,” which may not potentially be as effective as setting them at a higher level as another of these attempts to regulate AI safety — the EU AI Act — does, noted Maria Koskinen, AI Policy Manager at AI governance technology vendor Saidot.

Risk Management 122

Risk Management Risk Publishing Modeling 122

CIO Business Intelligence

AUGUST 6, 2024

Vendor risk management Assess vendor capabilities: Regularly evaluate the risk management and disaster recovery capabilities of key vendors. This knowledge can inform your own risk management and business continuity strategies.

Risk Management 111

Risk Management Risk Testing Finance 111

CIO Business Intelligence

JANUARY 12, 2024

Overwhelming majorities of executives around the world are planning to spend money on generative AI this year, but very few are truly ready for the technology, according to a survey released today by the Boston Consulting Group. It forces conversations like ‘what kind of data stores do we have,’ and ‘what can we really do with them?’”

Risk Management 132

Risk Management Consulting Reporting Risk 132

CIO Business Intelligence

SEPTEMBER 10, 2024

In an industry where companies typically relied on third-party consultants to analyze their data, we believed our approach was a slam dunk. It’s easy to blame IT just as it’s easy to blame the consultants. However, its impact on culture must be carefully considered to maximize benefits and mitigate risks.

IT 122

IT Risk Risk Management Predictive Modeling 122

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

CIO Business Intelligence

DECEMBER 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. These executive lead risk or compliance departments with dedicated teams. What is GRC?

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

MAY 20, 2024

Data privacy, compliance, and risk management Similarly, CIOs foresee themselves becoming more deeply involved in three areas closely related to cybersecurity: data privacy, compliance, and risk management. Risk management came in at No. Foundry / CIO.com 3. For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

datapine

MARCH 31, 2022

Getting an entry-level position at a consulting firm is also a great idea – the big ones include IBM, Accenture, Deloitte, KPMG, and Ernst and Young. BI consultant. A BI consultant needs to provide expertise in the design, development, and implementation of BI and analytics tools and systems. BI Data Scientist.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

erwin

FEBRUARY 20, 2020

EA and BP modeling are both critical for risk management and regulatory compliance, a major concern for financial services customers like the one above when it comes to ever-changing regulations on money laundering, fraud and more.

Enterprise 128

Enterprise Modeling Dashboards Visualization 128

Cloudera

AUGUST 12, 2021

In a 2021 white paper titled “Data Excellence: Transforming manufacturing and supply systems“ written by the World Economic Forum and the Boston Consulting Group, it documented that 75% of executives interviewed believed that advanced analytics in manufacturing was more important today than three years ago. Risk Management.

Data-driven 111

Data-driven Manufacturing Insurance Risk Management 111

CIO Business Intelligence

SEPTEMBER 6, 2023

Rahul Mahna, partner and outsourced IT services leader at management consulting firm Eisner Advisory Group, believes that scenario-playing with teams and management colleagues can spur useful security insights. Do we address cyber scenarios to the extent that we should?

IT 142

IT ROI Risk Strategy 142

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. Ruben consults with capital markets participants on modern data architecture and systematic investment processes.

Data Warehouse 134

Data Warehouse Dashboards Risk Management Risk 134

Smart Data Collective

JULY 19, 2021

Risk Management. Companies using data centers within their data recovery strategies do this with the aim of mitigating risk in the case of some external mishap (unfortunate events such as natural disasters). Not every industry will have the same requirements when it comes to features they need from their data center.

Cost-Benefit 133

Cost-Benefit Risk Management Risk Consulting 133

CIO Business Intelligence

MAY 28, 2024

As the usage of generative AI increases, associated risks, and security concerns are emerging,” observed Pareekh Jain, CEO of EIIRTrend & Pareekh Consulting. The Scarlett Johansson incident has heightened OpenAI’s awareness of these risks.” He’s not alone in that believe.

Risk 116

Risk Risk Management Consulting Modeling 116

CIO Business Intelligence

OCTOBER 20, 2023

The certification is targeted at agile team members, managers, organizational decision-makers, change leaders, executives, coaches and consultants, and aspiring or current leaders. The goal is to help participants gain the skills and confidence to navigate and guide an organization through agile adoption and transformation.

IT 137

IT Consulting Testing IoT 137

CIO Business Intelligence

DECEMBER 29, 2023

But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm. However, one of the questions CIOs have about this disruptive technology is how do they govern generative AI, says Daniel Saroff, group VP for consulting and research at IDC.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

SEPTEMBER 17, 2024

Sponsor for operational and risk management solutions While many business risk areas will find sponsors in operations, finance, and risk management functions, finding sponsors and prioritizing investments to reduce IT risks can be challenging.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

Smart Data Collective

OCTOBER 26, 2023

Subjects such as incident response, risk management, access control, and cryptography fall under this category. Successful risk management requires analyzing potential threats, pinpointing areas of weakness, and putting forth concrete plans to address those areas.

Technology 123

Technology Risk Measurement Data-driven 123

CIO Business Intelligence

APRIL 17, 2023

Challenges for fraud risk management Fraud is a big and a worthwhile business for today’s online criminals, who troll the internet and insert data-stealing malware into vulnerable sites and mobile apps.

Digital Transformation 105

Digital Transformation Risk Management Risk Consulting 105

CIO Business Intelligence

OCTOBER 3, 2024

We believe the release of an AI accelerator card is a natural extension of IBM’s roadmap for the mainframe and is likely the next step to enable Watsonx and the mainframe as a true AI platform,” says James Brouhard, director of consulting at FNTS, a wholly owned subsidiary of First National of Nebraska Inc.

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140

Domino Data Lab

AUGUST 6, 2021

It’s similar to corporate governance, except that it applies specifically to ML/AI models and should be viewed as a subset of model risk management. It’s purpose is to improve efficiency as well as to mitigate risks, and to either reduce or eliminate the financial impact of any hazards that can occur.

Machine Learning 145

Machine Learning Modeling Testing Data Science 145

CIO Business Intelligence

JULY 25, 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. Johnston is an experienced financial services and consulting executive who excels at collaborating across teams to deliver results.

IT 111

IT Finance Consulting Reporting 111

Smart Data Collective

JUNE 26, 2019

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.

Insurance 110

Insurance Data Analytics Analytics Big Data 110

CIO Business Intelligence

JUNE 21, 2022

CIOs frequently launch strategic initiatives without fully considering all the risks involved. By that time, governance structures are rushed and risk mitigation measures lose their effectiveness.”. In many cases, the IT organization works in isolation, Dardras says. “If

IT 116

IT Risk Measurement Risk Management 116

CIO Business Intelligence

JULY 26, 2024

The decisive factors are responsibility for the transformation, mostly locating centrally the downstream management of the new IT operating models, and the inclusion of important departments such as legal, compliance and risk management. Around 13% of users say they’ll pursue a rigid cloud-only strategy in the future.

Digital Transformation 143

Digital Transformation Cost-Benefit Data Processing Risk 143

CIO Business Intelligence

MAY 26, 2023

CompTIA Security+ The CompTIA Security+ certification is best suited for network, system, and security administrators; security specialists; junior IT auditors; security consultants; and security engineers. Businesses are looking for qualified IT pros who can help ensure that they are protected from potential threats and risks.

IT 124

IT Reporting Risk Consulting 124

CIO Business Intelligence

APRIL 21, 2022

Combining Agile and DevOps with elements such as cloud, testing, security, risk management and compliance creates a modernized technology delivery approach that can help an organization achieve greater speed, reduced risk, and enhanced quality and experience. Managing Director. Connect with the authors: Sofia Hansen.

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

CIO Business Intelligence

SEPTEMBER 30, 2024

CIO.com / Foundry They also cited AI/ML capabilities in specific areas — such as risk management, fraud detection, smart manufacturing, predictive maintenance, quality control, and personalized employee engagement — as fueling transformation.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

SEPTEMBER 20, 2023

Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams. They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

Cloudera

OCTOBER 20, 2021

Since then, a further update has been made to the BIS stress testing principles that continues to emphasize the importance of scenarios in better understanding risk. . When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers. Assess Variables.

Risk 80

Risk Modeling Risk Management Measurement 80

Jet Global

JANUARY 14, 2021

Consulting financial reporting publications keeps CFOs on the cutting-edge of the industry, highlighting the issues and ideas that matter most for financial reporting. Coverage includes original reporting on new accounting standards, recent capital-raisings, risk management, and professional career development. Accountancy Age.

Reporting 90

Reporting Finance Cost-Benefit Consulting 90

CIO Business Intelligence

AUGUST 30, 2023

As an example, the consultancy refers to how generative AI technology could potentially add $200 – $400 billion in added annual value to the banking industry if full implementation moves ahead on various use cases. In a recent post, McKinsey noted that generative AI is expected to have a “ significant impact across all industry sectors.”

Enterprise 132

Enterprise Risk Measurement Software 132