CIO Business Intelligence

OCTOBER 23, 2024

Artificial intelligence is an early stage technology and the hype around it is palpable, but IT leaders need to take many challenges into consideration before making major commitments for their enterprises. With AI and data proliferating everywhere in the enterprise, AI and data are no longer centralized assets that IT directly controls.

Enterprise 135

Enterprise IT Cost-Benefit Measurement 135

datapine

MAY 31, 2022

3) Cloud Computing Benefits. It provides better data storage, data security, flexibility, improved organizational visibility, smoother processes, extra data intelligence, increased collaboration between employees, and changes the workflow of small businesses and large enterprises to help them make better decisions while decreasing costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?

Risk 119

Risk Risk Management Management Enterprise 119

CIO Business Intelligence

OCTOBER 15, 2024

Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps. It may surprise you, but DevOps has been around for nearly two decades.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

NOVEMBER 27, 2023

Gen AI will become a fundamental part of how enterprises manage and deliver IT services and how business users get their work done. Developing and deploying successful AI can be an expensive process with a high risk of failure. For the average enterprise, it’s prohibitively expensive. Not at all.

Risk 132

Risk Cost-Benefit Modeling IoT 132

O'Reilly on Data

NOVEMBER 28, 2023

In enterprises, we’ve seen everything from wholesale adoption to policies that severely restrict or even forbid the use of generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. 54% of AI users expect AI’s biggest benefit will be greater productivity.

Enterprise 277

Enterprise Testing Modeling Reporting 277

CIO Business Intelligence

AUGUST 13, 2024

According to EY , 96% of enterprises are planning to use AI in the next 12 months, compared to 43% today. As with any new technology, however, security must be designed into the adoption of AI in order to minimize potential risks. Enterprises can manage AI risks at every step of the journey with AI Runtime Security.

Risk 119

Risk Cost-Benefit Enterprise Modeling 119

CIO Business Intelligence

OCTOBER 8, 2024

The typical reaction is to ban any use of it until you can figure out what it is, what it does, how it will benefit your business and how you can safely and securely deploy it. Do you really benefit by awaiting others to figure it out for you and then sell you their services — when they know little to nothing about your business?

Risk 124

Risk Technology Cost-Benefit Internet of Things 124

CIO Business Intelligence

AUGUST 21, 2024

And, yes, enterprises are already deploying them. The previous state-of-the-art sensors cost tens of thousands of dollars, adds Mattmann, who’s now the chief data and AI officer at UCLA. Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.”

Risk 136

Risk Insurance Cost-Benefit Software 136

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

However, many enterprises have existing on-premises applications that, in most cases, will not get AI-enablement from the software provider. Those customers should be evaluating if, when and how they will tap into the benefits that AI and GenAI can provide to improve operational and financial performance.

Cost-Benefit 130

Cost-Benefit Risk Forecasting Software 130

CIO Business Intelligence

SEPTEMBER 6, 2024

According to a recent Cloudera study , almost three-quarters (73%) of enterprise IT leaders say their company’s data exists in silos and is disconnected, while over half (55%) say they would rather get a root canal than try to access all their companys’ data. What makes metadata management important? This approach is risky and costly.

Metadata 116

Metadata Enterprise Management Cost-Benefit 116

CIO Business Intelligence

OCTOBER 29, 2024

In an era marked by heightened environmental, social and governance (ESG) scrutiny and rapid artificial intelligence (AI) adoption, the integration of actionable sustainable principles in enterprise architecture (EA) is indispensable. New key metrics to capture include: Alignment with strategic goals.

Enterprise 119

Enterprise Cost-Benefit Metrics Strategy 119

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.

Risk 131

Risk Cost-Benefit Strategy Risk Management 131

CIO Business Intelligence

AUGUST 14, 2024

Between building gen AI features into almost every enterprise tool it offers, adding the most popular gen AI developer tool to GitHub — GitHub Copilot is already bigger than GitHub when Microsoft bought it — and running the cloud powering OpenAI, Microsoft has taken a commanding lead in enterprise gen AI.

Enterprise 136

Enterprise Cost-Benefit Experimentation Modeling 136

CIO Business Intelligence

JANUARY 3, 2024

An enterprise that bet its future on ChatGPT would be in serious trouble if the tool disappeared and all of OpenAI’s APIs suddenly stopped working. So enterprises looking for generative AI vendors have a lot of options to choose from. The goal, he says, is to understand how AI will benefit Rich’s business overall. “We

Risk 131

Risk Modeling Enterprise Marketing 131

CIO Business Intelligence

JANUARY 2, 2024

That includes maintenance and upgrades deferred in favor of other projects or priorities, which can result in high future costs when those actions can no longer by avoided, often when a solution reaches end-of-life. Here’s where CIOs can rethink their approach to the long-term benefit of their organizations.

Risk 128

Risk IT Risk Management Sales 128

CIO Business Intelligence

JULY 28, 2023

Enterprises are dealing with increasing amounts of data, and managing it has become imperative to optimize its value and keep it secure. It describes how data flows through the enterprise and beyond. 1 A clear picture of where data lives and how it moves enables enterprises to consistently protect this data and its privacy.

Risk 98

Risk Management Data mining Cost-Benefit 98

IBM Big Data Hub

DECEMBER 1, 2023

Enterprise resource planning (ERP) is a business management software built to do just that. The benefits of ERP include built-in business intelligence and access to real-time data, along with integrated machine learning capabilities unlike a legacy system. Customization: Organizations can customize the software as they see fit.

Enterprise 84

Enterprise Cost-Benefit Consulting Software 84

IBM Big Data Hub

SEPTEMBER 27, 2023

What are the benefits of open source LLMs? Previously it seemed that the bigger an LLM was, the better, but now enterprises are realizing they can be prohibitively expensive in terms of research and innovation. All this reduces the risk of a data leak or unauthorized access. It trained on a dataset containing 1.5

Risk 91

Risk Modeling Cost-Benefit Enterprise 91

CIO Business Intelligence

OCTOBER 29, 2024

On the other hand, there are also many cases of enterprises hanging onto obsolete systems that have long-since exceeded their original ROI. Identify the benefits and ensure that you keep business value at the forefront.” Ganoorkar also recommends setting priorities based on business impact, cost, complexity, and risk.

IT 139

IT Cost-Benefit Strategy Risk 139

CIO Business Intelligence

APRIL 4, 2024

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI Production is another area that benefits from AI. “At Webster Bank is following a similar strategy. It’s a good accelerator in the beginning.”

Enterprise 134

Enterprise Cost-Benefit Forecasting Sales 134

Smart Data Collective

FEBRUARY 14, 2023

A growing number of companies are discovering that it offers tremendous benefits, but there are also some downsides to it. What Are the Benefits of Cloud Computing for Businesses? It is becoming increasingly popular among businesses due to its cost-effective nature and scalability.

Risk 106

Risk Cost-Benefit Software Technology 106

IBM Big Data Hub

FEBRUARY 1, 2024

For whatever reason—be it functionality, cost, reliability or resourcing—most companies naturally come around to the need for a managed DNS service delivered by a third party. Nonetheless, there is a certain class of large enterprises where self-hosted authoritative DNS operates under a different kind of logic.

Data Processing 81

Data Processing Enterprise Cost-Benefit Insurance 81

CIO Business Intelligence

JUNE 18, 2024

Enterprise resource planning (ERP) is ripe for a major makeover thanks to generative AI, as some experts see the tandem as a perfect pairing that could lead to higher profits at enterprises that combine them. It’s difficult to estimate cost savings at Runmic because the company embraced AI early in its short history, Kouhlani says.

Enterprise 134

Enterprise Forecasting Unstructured Data Reporting 134

CIO Business Intelligence

NOVEMBER 27, 2024

From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI. Today, enterprises are leveraging various types of AI to achieve their goals. This is where Operational AI comes into play.

Data Architecture 124

Data Architecture Cost-Benefit Machine Learning Experimentation 124

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

Smart Data Collective

AUGUST 30, 2022

The sudden growth is not surprising, because the benefits of the cloud are incredible. Enterprise cloud technology applications are the future industry standard for corporations. Here’s how enterprises use cloud technologies to achieve a competitive advantage in their essential business applications. Testing new programs.

Technology 136

Technology Enterprise Cost-Benefit Data Processing 136

erwin

AUGUST 20, 2020

Enterprise architecture (EA) is a strategic planning initiative that helps align business and IT. In this post: What Is Enterprise Architecture? Why Is Enterprise Architecture Important? Why Is Enterprise Architecture Important? Benefits of Enterprise Architecture. Common Enterprise Architecture Use Cases.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

erwin

AUGUST 13, 2020

For enterprise architecture, success is often contingent on having clearly defined business goals. This is especially true in modern enterprise architecture, where value-adding initiatives are favoured over strictly “foundational,” “keeping the lights on,” type duties.

Enterprise 143

Enterprise Cost-Benefit Uncertainty ROI 143

CIO Business Intelligence

OCTOBER 16, 2024

Analysts predict the incoming phase of enterprise AI will herald agentic systems that require minimal human intervention, with 75% of CIOs increasing their AI budgets during this year alone, according to a recent report from Gartner. Edge computing can reduce latency, lower cost, and lower data exposure risks.”

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

CIO Business Intelligence

JUNE 20, 2024

Especially for enterprises across highly regulated industries, there is increasing pressure to innovate quickly while balancing the need for them to meet stringent regulatory requirements, including data sovereignty. IBM and VMware understand that each client has a unique business, IT process and applications,” says Badlaney.

Enterprise 116

Enterprise Cost-Benefit Strategy Software 116

CIO Business Intelligence

JUNE 22, 2023

In cybersecurity, it’s also usually cheaper and less likely to expose the organization to reputational, financial, and compliance risk. That’s why prevention-first security is a best practice for delivering cyber-hygiene across enterprise endpoints. The result is extra cost, complexity, and security risk.

Risk 52

Risk Management Cost-Benefit Digital Transformation 52

CIO Business Intelligence

OCTOBER 22, 2024

In today’s enterprise environments, security and networking teams may be siloed for a variety of reasons. The AI-native approach Artificial intelligence (AI) offers promise to quickly unify security and networking silos without disrupting enterprise operations. By reducing complexity, it lowers costs and improves efficiency overall.

Cost-Benefit 135

Cost-Benefit Digital Transformation Enterprise Risk 135

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

The company provides industry-specific enterprise software that enhances business performance and operational efficiency. Infor offers applications for enterprise resource planning, supply chain management, customer relationship management and human capital management, among others.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

OCTOBER 29, 2024

When it comes to identifying and prioritizing opportunities for business value across the enterprise, gen AI use cases, specifically, are arguably no different than any other technology-related ones. It all comes down to cost benefit, and having a set of priorities. Both of these types of opportunities are good, however.

Cost-Benefit 122

Cost-Benefit ROI Finance Sales 122

CIO Business Intelligence

NOVEMBER 19, 2024

Generative AI (GenAI) is rapidly emerging as a game changer for enterprises, but turning its potential into measurable value remains a significant challenge. High costs Failing: The infrastructure and computational costs for training and running GenAI models are significant.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137