CIO Business Intelligence

JUNE 22, 2022

To execute a successful digital transformation initiative, you are likely to establish consulting provider relationships. Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit. This takes planning.

Consulting 128

Consulting Uncertainty Cost-Benefit Risk 128

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 Experimentation Machine Learning Modeling 99

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CIO Business Intelligence

NOVEMBER 22, 2022

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Here’s a quick rundown of seven major trends that will likely reshape your organization’s current data strategy in the days and months ahead.

Data Strategy 145

Data Strategy Strategy Enterprise Consulting 145

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

JULY 22, 2024

Chege, now CEO and principal consultant of Digital Transformation Experts, says he has worked with other companies that have made similar moves. Moreover, these repatriations show how CIOs have a shrewder, more fluid cloud strategy today to ensure they don’t settle for less than what they want. a private cloud).

Optimization 128

Optimization Strategy IT Cost-Benefit 128

CIO Business Intelligence

NOVEMBER 26, 2024

Here, we explore the key factors impeding IT modernization and provide recommendations to overcome them (with real-world illustrations of strategies). Solution: A phased approach to modernization can mitigate the risks associated with legacy systems.

IT 115

IT Consulting Recreation/Entertainment Data-driven 115

IBM Big Data Hub

MARCH 27, 2024

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? These risks can make it difficult or impossible for organizations to operate in affected locations.

Risk 60

Risk Forecasting Insurance Strategy 60

Smart Data Collective

APRIL 21, 2022

Many of them have utilized many management programs but finding the most best application without the assistance of an experienced consultant can be a challenge. Some new consulting agencies specialize in helping companies select the best applications. What are application consulting services and can they help with your AI strategy?

Consulting 102

Consulting Cost-Benefit Software Machine Learning 102

CIO Business Intelligence

OCTOBER 30, 2024

To help mitigate these risks, it’s necessary for IT leaders to increase their profile and visibility across the organization, and make sure they educate all potential users. “As As technologies evolve, CIOs still need to build mutual commitment and support for IT initiatives,” says tech consultant and author Gerald Leonard.

Management 117

Management Strategy Risk Consulting 117

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

CIO Business Intelligence

NOVEMBER 19, 2024

Key takeaway: Cost management strategies are crucial for sustainable AI deployment. Key takeaway: A well-planned integration strategy can smooth the transition and maximize AI benefits. Intellectual property risks Failing: GenAI can inadvertently use copyrighted material, leading to legal complications.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

CIO Business Intelligence

NOVEMBER 14, 2023

Although some continue to leap without looking into cloud deals, the value of developing a comprehensive cloud strategy has become evident. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. There are other risks, too. Why are we really going to cloud?

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

CIO Business Intelligence

JANUARY 22, 2024

However, returning to the GIGO warning, an over-reliance on synthetic data risks accelerating the dangers of inaccurate outputs and poor decision making; such data is only as good as the models that created it. Artificial Intelligence, CIO, Data Management, IT Leadership, IT Strategy

Data Strategy 132

Data Strategy Strategy Data-driven Enterprise 132

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. Focusing on ESG Risk Management can help your organization become more profitable, and your organization can start on this journey today. So how does ESG risk management help the bottom line?

Risk Management 78

Risk Management Risk Management Metrics 78

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 71

Strategy Business Objectives Cost-Benefit Consulting 71

CIO Business Intelligence

MARCH 9, 2022

Today’s cloud strategies revolve around two distinct poles: the “lift and shift” approach, in which applications and associated data are moved to the cloud without being redesigned; and the “cloud-first” approach, in which applications are developed or redesigned specifically for the cloud.

Strategy 145

Strategy Consulting Risk Testing 145

IBM Big Data Hub

JANUARY 30, 2024

To overcome various challenges associated with multicloud , organizations need to map out a comprehensive multicloud management strategy to achieve overall success. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. What is multicloud architecture?

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

OCTOBER 29, 2024

When addressed properly , application and platform modernization drives immense value and positions organizations ahead of their competition, says Anindeep Kar, a consultant with technology research and advisory firm ISG. The bad news, however, is that IT system modernization requires significant financial and time investments.

IT 139

IT Cost-Benefit Strategy Risk 139

CIO Business Intelligence

MAY 17, 2023

Excellent opportunities to save and make money, reduce risk, and develop new models of business emerge when business, IT and data teams work together, identifying where the enterprise’s most valuable data assets reside. Learn more about our data and analytics consulting services. The bottom line:  Don’t leave data behind.

Data-driven 110

Data-driven Strategy IT Insurance 110

CIO Business Intelligence

JULY 31, 2023

They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies. Here’s a rundown of the top 20 issues shaping gen AI strategies today. Douglas Merrill, a partner at management consulting firm McKinsey & Co.,

Strategy 98

Strategy Risk Enterprise Risk Management 98

Smart Data Collective

AUGUST 4, 2023

Many businesses have at least some kinds of cybersecurity plan in place, but not all cybersecurity strategies are equally thorough. Most business decision makers suffer from blind spots and biases that cause them to neglect or underestimate certain risks. Some people struggle with risk identification. Risk assessment.

Strategy 81

Strategy Risk Consulting Risk Management 81

IBM Big Data Hub

SEPTEMBER 13, 2023

As data leaks on the dark web continue to make headlines, organizations face heightened pressure to reinforce their breach containment strategies. Incorporating an effective attack surface management tool into your security strategy can significantly help you mitigate the risks of data breaches.

Risk 93

Risk Management Strategy Measurement 93

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 122

IT Insurance Consulting Risk 122

CDW Research Hub

DECEMBER 8, 2021

Unfortunately, the holidays can also bring an increased risk of data breaches. Doing a comprehensive review of your data protection, security programs and controls, networks, applications and data allows you to identify risk areas and create a strategy for resolution.

Strategy 88

Strategy Risk Consulting Data Governance 88

CIO Business Intelligence

AUGUST 28, 2024

For the technical architecture, we use a cloud-only strategy. This team of former consultants thinks about how to change the IT organization itself. When I talk to the board, it’s about risk reduction, since the cloud offers a much better control plane for enforcing governance practices. This is a multi-year initiative.

Strategy 121

Strategy B2B Finance Enterprise 121

CIO Business Intelligence

SEPTEMBER 14, 2022

As organizations accelerate their cloud migrations, they need both a strategy and a strategic partner, according to the Foundry 2022 Cloud Computing Study. The partnership capabilities they are most seeking include security expertise, better cloud management capabilities, and strategic guidance on overall cloud strategy or a roadmap.

Strategy 97

Strategy Business Objectives Forecasting Risk 97

CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145

Risk Data Science Consulting Machine Learning 145

CIO Business Intelligence

NOVEMBER 21, 2024

Importantly, where the EU AI Act identifies different risk levels, the PRC AI Law identifies eight specific scenarios and industries where a higher level of risk management is required for “critical AI.” The code of conduct is directed by 11 guiding principles, many of which focus on risks, vulnerabilities, security, and protections.

Consulting 120

Consulting Risk Risk Management Marketing 120

CIO Business Intelligence

NOVEMBER 19, 2024

They understand that their strategies, capabilities, resources, and management systems should be configured to support the enterprise’s overarching purpose and goals. Recognize IT and business are inseparable IT and business strategies are now fully intertwined, observes Jay Upchurch, EVP and CIO at analytics vendor SAS.

IT 141

IT Strategy Consulting Business Objectives 141

IBM Big Data Hub

SEPTEMBER 6, 2023

According to the IBM survey, when CMOs were asked what they thought the primary challenges were in adopting generative AI, they listed three top concerns: managing the complexity of implementation, building the data set and brand and intellectual property (IP) risk. With the right generative AI strategy, marketers can mitigate these concerns.

Marketing 112

Marketing Strategy B2B Cost-Benefit 112

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

FEBRUARY 24, 2023

To keep ahead of cybercriminals, organizations must remain agile, pivoting to embrace new strategies and technologies whenever necessary in order to outrun attacks. For example, suppose an organization has multiple teams or departments responsible for different parts of its cybersecurity strategy.

Strategy 105

Strategy ROI Consulting Technology 105

IBM Big Data Hub

AUGUST 3, 2023

In our hundreds of generative AI engagements with clients around the world, enterprises are trying to balance massive value creation with risk mitigation—and they face a shortage of the necessary “AI for business” skills.

Consulting 40

Consulting Data-driven ROI Enterprise 40

CIO Business Intelligence

NOVEMBER 8, 2024

Modernization is a complex process that requires the right strategy to be successful. Having the right modernization strategy and approach in place can move an organization forward and establish a competitive edge by increasing flexibility, efficiency, and potential.

Enterprise 115

Enterprise IT Risk Strategy 115

CIO Business Intelligence

DECEMBER 12, 2022

Regarding complexity, David Linthicum, managing director and chief cloud strategy officer at Deloitte Consulting LLP, comments that “ over the last five years, people have been migrating to the cloud and using more complex distributed deployments, such as multi-cloud, edge computing, IoT, and things like that.”

Software 110

Software Strategy IT Reporting 110

IBM Big Data Hub

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.

Strategy 74

Strategy Cost-Benefit Manufacturing Testing 74