CIO Business Intelligence

DECEMBER 17, 2024

What are the associated risks and costs, including operational, reputational, and competitive? Find a change champion and get business users involved from the beginning to build, pilot, test, and evaluate models. Consultants can help you develop and execute a genAI strategy that will fuel your success into 2025 and beyond.

Experimentation 98

Experimentation ROI Risk Data Quality 98

CIO Business Intelligence

MARCH 4, 2025

In fact, successful recovery from cyberattacks and other disasters hinges on an approach that integrates business impact assessments (BIA), business continuity planning (BCP), and disaster recovery planning (DRP) including rigorous testing. See also: How resilient CIOs future-proof to mitigate risks.)

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

FEBRUARY 21, 2025

Integration with Oracles systems proved more complex than expected, leading to prolonged testing and spiraling costs, the report stated. BCCs heavy reliance on Oracle and external consultants became a double-edged sword. The councils approach to governance showed a startling lack of independent oversight.

Reporting 90

Reporting Risk Testing Risk Management 90

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.

Testing 83

Testing Modeling Cost-Benefit Consulting 83

CIO Business Intelligence

APRIL 8, 2025

Fragmented systems, inconsistent definitions, legacy infrastructure and manual workarounds introduce critical risks. The decisions you make, the strategies you implement and the growth of your organizations are all at risk if data quality is not addressed urgently. Manual entries also introduce significant risks.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

DECEMBER 30, 2024

The company says it can achieve PhD-level performance in challenging benchmark tests in physics, chemistry, and biology. That means companies can use it on tough code problems, or large-scale project planning where risks have to be compared against each other. Take for example that task of keeping up with regulations.

ROI 141

ROI Software Modeling Interactive 141

CIO Business Intelligence

AUGUST 20, 2024

The barrier to entry The big issue for SMBs is the cost of the computing power and related expenses needed to run modern AI models, says Tony Fernandes, CEO and chief AI officer at HumanFocused.AI, an AI consulting firm. SMBs need to get over those concerns or risk being left behind, he says.

Risk 131

Risk Cost-Benefit Insurance ROI 131

CIO Business Intelligence

FEBRUARY 26, 2025

If they want to make certain decisions faster, we will build agents in line with their risk tolerance. D&B is not alone in worrying about the risks of AI agents. We do a lot of testing before we implement anything, and then we monitor it, he adds. The idea this year is to evolve with our customers, he says.

IT 141

IT Enterprise Interactive Data Quality 141

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? They need to understand;

Risk 80

Risk Modeling Risk Management Measurement 80

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. The primary focus of model governance involves tracking, testing and auditing. First is the data the model is using.

Machine Learning 145

Machine Learning Modeling Testing Data Science 145

IBM Big Data Hub

SEPTEMBER 13, 2023

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

Risk Management Strategy Measurement 93

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 by far the most convincing example of a conversation with a machine; it has certainly passed the Turing test. You could even create digital clones of yourself 5 that could stand in for you in consulting gigs and other business situations.

IT 348

IT Modeling Testing Risk 348

Cloudera

MARCH 28, 2019

Picture the scene: a hopeful homebuyer sits in the almost deserted lobby of a high street bank, waiting for the appointment she booked with the mortgage consultant a week ago – a week ago! They also fail to model the effects of fear and the risk of contagion. Risk management 3.0.

Risk 74

Risk Management Risk Management Machine Learning 74

Timo Elliott

DECEMBER 10, 2024

One of the sessions I sat in at UKISUG Connect 2024 covered a real-world example of data management using a solution from Bluestonex Consulting , based on the SAP Business Technology Platform (SAP BTP). Impact of Errors : Erroneous data posed immediate risks to operations and long-term damage to customer trust.

Management 52

Management Data Governance Consulting Risk 52

CIO Business Intelligence

AUGUST 6, 2024

The incident not only affected the availability of crucial cybersecurity defenses but also laid bare the broader operational risks associated with third-party service dependencies. Vendor risk management Assess vendor capabilities: Regularly evaluate the risk management and disaster recovery capabilities of key vendors.

Risk Management 111

Risk Management Risk Testing Finance 111

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

MARCH 9, 2022

Of course, many enterprises land on embracing both methods, says Nicholas Merizzi, a principal at Deloitte Consulting. They can leverage CSPM tools for incident response, risk assessment and management, compliance monitoring, and other cloud security functions. And of course, people issues are a big part of becoming cloud-native.

Strategy 145

Strategy Consulting Risk Testing 145

datapine

MAY 2, 2023

Your Chance: Want to test a professional logistics analytics software? However, if you underestimate how many vehicles a particular route or delivery will require, then you run the risk of giving customers a late shipment, which negatively affects your client relationships and brand image.

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

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. All hands on deck . Connect with the authors: Sofia Hansen.

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

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

CIO Business Intelligence

FEBRUARY 20, 2025

This makes it impossible to identify any correlations, explains Viole Kastrati, Senior Consultant SAP BI & Analytics at Nagarro. If a database already exists, the available data must be tested and corrected. Each department evaluates its own key figures, if at all, and looks at them in isolation from others.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

CIO Business Intelligence

FEBRUARY 12, 2024

As genAI caught fire in 2023, many organizations rushed to test and learn from the technology and harness it to grow productivity and improve processes. 4 Additionally, while 63% have guardrails in place to use AI safely, these organizations worry about its role in misinformation, ethical bias and job loss among other risks, Wavestone found.

IT 137

IT Consulting Cost-Benefit Uncertainty 137

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. I built it externally for $50,000 in just five weeks—from concept to market testing. It’s easy to blame IT just as it’s easy to blame the consultants. We’re all in it or we are not.

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

APRIL 12, 2024

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

Experimentation 143

Experimentation Reporting Testing Statistics 143

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

MAY 31, 2023

While the growing use of APIs increases seamless integration and improves customer experiences, a new set of risks emerges. It is important for organizations to understand the risks with the use of APIs and prepare to address those risks. This should include a strong understanding of data flows and trust boundaries.

Testing 98

Testing Risk Consulting Digital Transformation 98

CIO Business Intelligence

SEPTEMBER 3, 2024

Your role as an IT leader will be to gather accurate and timely information, integrate advice from professionals, and recommend a plan of action with a level of associated risk. Your own personal ethical and moral standards will be tested; the decision may become attached to you, so be prepared to defend your recommendation.

Consulting 128

Consulting Cost-Benefit Marketing Management 128

CIO Business Intelligence

APRIL 5, 2024

The EU and US want to foster scientific information exchange between AI experts on either side of the Atlantic in areas such as developing benchmarks and assessing potential risks. At this stage in the development of AI, investment in testing and safety is far more effective than regulation,” Carlsson argued.

Risk 130

Risk Testing Machine Learning Consulting 130

CIO Business Intelligence

FEBRUARY 9, 2024

Consultancies and tech vendors often play up the transformative power of gen AI but pay less attention to its shortcomings. Having this policy in place can help to protect against a number of risks concerning contracts, cybersecurity, data privacy, deceptive trade practice, discrimination, disinformation, ethics, IP, and validation.

IT 138

IT Experimentation Risk Testing 138

CIO Business Intelligence

MARCH 15, 2022

Synthetic data can also be a vital tool for enterprise AI efforts when available data doesn’t meet business needs or could create privacy issues if used to train machine learning models, test software, or the like. a global management consulting firm. Synthetic data can help balance the data set, but it has to be done very carefully.

Strategy 145

Strategy Testing Sales Modeling 145

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

MAY 3, 2024

During pilot testing, UPS earned 50% reduction in the time agents spent resolving e-mails. Customer service is emerging as one of the top use cases for generative AI in today’s enterprise, says Daniel Saroff, group vice president of consulting and research at IDC. That frees up human agents to handle the more complex questions.”

Testing 140

Testing Sales Enterprise Digital Transformation 140

Smart Data Collective

AUGUST 2, 2022

Companies that fail to leverage AI effectively risk falling behind in a competitive industry. Companies like Grape Up , a technology and software development consulting expert ensure complex services helping top automotive brands in delivering production-grade software and preparing for new business opportunities.

Software 141

Software Machine Learning B2B Manufacturing 141

CIO Business Intelligence

SEPTEMBER 12, 2024

Despite mixed early returns , the outcome appears evident: Generative AI coding assistants will remake how software development teams are assembled, with QA and junior developer jobs at risk. Some dev leaders questioned the wisdom of using AI to both write and debug code. Are the benefits overhyped?

Software 143

Software Cost-Benefit Testing Consulting 143

CIO Business Intelligence

DECEMBER 7, 2023

There’s no better test of your capability to do so than right after an adverse event. For example, the risk of having an organization’s “license to operate” withdrawn by a regulator or having conditions applied (retrospectively or prospectively) can adversely affect market value and consumer confidence.

Testing 124

Testing Risk Management Strategy 124

CIO Business Intelligence

AUGUST 1, 2023

Supporting us with our repository for developers with a kind of a testing deployment architecture for continuous updates and employment and deployment. So basically, they made available to us their server platforms, their DevOps platform, and then consulting to help us use those things,” says Dr. Troy.

Risk 98

Risk IT Software Digital Transformation 98

CIO Business Intelligence

SEPTEMBER 17, 2024

All this while CIOs are under increased pressure to deliver more competitive capabilities, reduce security risks, connect AI with enterprise data, and automate more workflows — all areas where architecture disciplines have a direct role in influencing outcomes.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145