CIO Business Intelligence

NOVEMBER 18, 2022

The question is: are you prepared to recover from a cyber event? As cyber threats increase in frequency and sophistication, most businesses will eventually fall prey to a cyber event, despite their best efforts. The longer it takes to recover, the more it will cost. Swift recovery is paramount to minimizing damage.

Cost-Benefit 98

Cost-Benefit Risk Management Risk Testing 98

O'Reilly on Data

OCTOBER 22, 2020

Determining the risk profile of a given model requires a case-by-case evaluation but it can be useful to think of the failure risk in three broad categories: “If this model fails, someone might die or have their sensitive data exposed” — Examples of these kinds of uses include automated driving/flying systems and biometric access features.

Consulting 299

Consulting Risk Cost-Benefit Modeling 299

datapine

AUGUST 19, 2020

Among other things, they help in improving on-time deliveries, in reducing operating costs, in increasing customer satisfaction, or in optimizing transport. If you’re centered only on monitoring numbers, without focusing on the human aspect, you risk business bottlenecks in the long run. Carrying cost of inventory.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

Rocket-Powered Data Science

FEBRUARY 15, 2023

3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? Do not covet thy data’s correlations: a random six-sigma event is one-in-a-million. (2) Why should your organization be doing it and why should your people commit to it? (3)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

datapine

MARCH 8, 2021

Explore our 14-day free trial & benefit from great healthcare reports! By utilizing interactive digital dashboards, it’s possible to leverage data to transform metrics into actionable insights to spot weaknesses, identify strengths, and predict events before they occur. The Benefits Of A Healthcare Report.

Reporting 198

Reporting KPI Management Cost-Benefit 198

CIO Business Intelligence

DECEMBER 12, 2024

With the rapid rise of AI, especially GenAI, clients are evaluating risks from partner or vendor use of AI. CIOs and organizations are advised to consider how these risks may impact their operations and security and create contractual terms to address them. They are demanding clear assurances on how AI-related risks are mitigated.

Risk 105

Risk Risk Management Consulting Measurement 105

CIO Business Intelligence

JULY 5, 2023

Addressing semiconductor supply chain risks Even before the most recent supply chain challenges, political leaders around the world have been taking a close look at the current semiconductor supply chain model. Some of that risk is being addressed at national and regional levels, such as the U.S. But these costs are not insurmountable.

Risk 96

Risk Manufacturing Cost-Benefit Data Processing 96

CIO Business Intelligence

AUGUST 16, 2023

“Waterfall projects may seem easier to understand from an overall point of view, but if it’s about ongoing innovation together with a customer to bring out new effects and benefits, then we need to be iterative even in complex projects,” she says. “At This leads to environmental benefits and fewer transports.

Risk 98

Risk Cost-Benefit Internet of Things Digital Transformation 98

CIO Business Intelligence

OCTOBER 17, 2023

The cost of running old applications and the infrastructure that supports them is problematic. Simply lifting and shifting current code to the cloud doesn’t help and can cost much more. To make a difference, applications must be fundamentally “rebuilt” to gain the desired benefits. So, what to do? That is expected.

Cost-Benefit 126

Cost-Benefit Testing Risk Enterprise 126

CIO Business Intelligence

NOVEMBER 27, 2024

Recent research shows that 67% of enterprises are using generative AI to create new content and data based on learned patterns; 50% are using predictive AI, which employs machine learning (ML) algorithms to forecast future events; and 45% are using deep learning, a subset of ML that powers both generative and predictive models.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

CIO Business Intelligence

SEPTEMBER 24, 2024

Organizationally, Wiedenbeck is a member of Ameritas’ AI steering committee, called the “mission team,” which includes the legal and risk officers, along with the CIO. See IDC PlanScape: Unit-Based Costing to Optimize IT Performance for an exploration of how unit cost can be applied to digital products and services.)

IT 130

IT Insurance Cost-Benefit Risk 130

erwin

MARCH 25, 2021

And with many competing projects and activities vying for people’s time, it must be clear to people why choosing data governance activities will have a direct benefit to them. Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We

Data Governance 109

Data Governance Cost-Benefit IT Risk 109

CIO Business Intelligence

MARCH 10, 2023

These, in turn, have brought with them an increase in new threats, risks, and cybercrime. As organizations emerge post-pandemic, many of the risks and uncertainties manifested during that period will persist, including the hybrid workforce, supply chain risk, and other cybersecurity challenges.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

NOVEMBER 8, 2023

1 The rapid migration to the public cloud comes with numerous benefits, such as scalability, cost-efficiency, and enhanced collaboration. In fact, a few of the most common challenges include: Risk. 6 On top of that, the average cost of a data breach is over $4.4 8 Complexity. 8 Complexity.

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

Smart Data Collective

SEPTEMBER 27, 2020

The benefits of AI are endless. We have talked about the benefits of using big data and AI to improve cybersecurity. Some of the biggest benefits of machine learning in the quest to fight money laundering are listed below. Event Scoring. There are a number of huge benefits of using AI in the financial sector.

Machine Learning 129

Machine Learning Cost-Benefit Software Risk 129

Smart Data Collective

JULY 19, 2021

When you decide to relocate or broaden your data center, you need to take into account the costs, operational capability, and security. Benefits Of Data Center Colocation. Risk Management. This is probably the second most adored benefit of data center colocation solutions. And of course, it comes at a certain price.

Cost-Benefit 133

Cost-Benefit Risk Management Risk Consulting 133

datapine

SEPTEMBER 29, 2022

Paired to this, it can also: Improved decision-making process: From customer relationship management, to supply chain management , to enterprise resource planning, the benefits of effective DQM can have a ripple impact on an organization’s performance. Let’s examine the benefits of high-quality data in marketing. 1 – The people.

Data Quality 241

Data Quality Metrics Data-driven Management 241

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

One new and interesting topic covered at the event was process mining, which Infor is introducing in its various cloud suites. Process mining analyzes event data from the logs of software applications to understand how processes are designed to perform and how they actually perform.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

FEBRUARY 10, 2023

Organizations use predictive analytics to sift through current and historical data to detect trends and forecast events and conditions that should occur at a specific time, based on supplied parameters. With predictive analytics, organizations can find and exploit patterns contained within data in order to detect risks and opportunities.

Predictive Analytics 145

Predictive Analytics Analytics Predictive Modeling Forecasting 145

CIO Business Intelligence

NOVEMBER 19, 2024

High costs Failing: The infrastructure and computational costs for training and running GenAI models are significant. 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.

Consulting 137

Consulting Cost-Benefit Experimentation Optimization 137

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Data-driven 150

CIO Business Intelligence

AUGUST 8, 2024

CFOs like the fact that open source is often free or low in cost. IT teams benefit from the sprawling, dynamic support communities that surround major open source projects. For many stakeholders, there is plenty to love about open source software. Yet, for CISOs, open source is more likely in many cases to inspire fear than love.

Software 126

Software Enterprise Cost-Benefit Risk 126

CIO Business Intelligence

FEBRUARY 27, 2023

Since then, Barioni has taken control of the situation, putting into action a multi-year plan to move over half of Reale Group’s core applications and services to just two public clouds in a quest for cost optimization and innovation. Why build a multicloud infrastructure?

Cost-Benefit 143

Cost-Benefit Insurance Enterprise Optimization 143

Cloudera

JUNE 1, 2021

Cloudera will benefit from the operating capabilities, capital support and expertise of Clayton, Dubilier & Rice (CD&R) and KKR – two of the most experienced and successful global investment firms in the world recognized for supporting the growth strategies of the businesses they back. Wrapping it up. What a day.

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

CIO Business Intelligence

DECEMBER 19, 2024

Below, I recap my virtual event conversation with two IT leaders, who shared their first-hand experience of the benefits that BMC Helix solutions have delivered in respective use cases. They automated remediation and significantly improved MTTR and overall service quality.

IT 98

IT Insurance Cost-Benefit Optimization 98

CIO Business Intelligence

JULY 2, 2024

CIOs face the daunting challenge of driving innovation while managing costs and ensuring practical implementation in a rapidly advancing digital landscape. This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments.

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111

datapine

JANUARY 6, 2022

Prescriptive analysis: Also powered by predictions, the prescriptive analysis method uses techniques such as graph analysis, complex event processing, neural networks, among others, to try to unravel the effect that future decisions will have in order to adjust them before they are actually made. minimal growth). Let’s take a look!

Visualization 246

Visualization Dashboards Cost-Benefit Measurement 246

CIO Business Intelligence

MAY 3, 2022

Controlling costs. Cloud costs can quickly spin out of control, especially when departments outside central IT add to the organization’s overall cloud footprint. Moving to the cloud means that we need to manage change to reduce risk and cost, with governance as the top layer to facilitate that change.”.

Management 144

Management Scorecard Cost-Benefit Risk 144

erwin

SEPTEMBER 17, 2020

It’s paramount that organizations understand the benefits of automating end-to-end data lineage. Here are six benefits of automating end-to-end data lineage: Reduced Errors and Operational Costs. A recent study has shown that it costs U.S. Data quality is crucial to every organization. defense budget.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

CIO Business Intelligence

AUGUST 27, 2024

A staged approach enables risk mitigation and resource optimization and ensures modernization efforts bolster operational efficiency and competitive advantage. Plan: Develop a detailed road map considering dependencies, resources, and risk mitigation strategies. Emphasize the long-term benefits of a modernized application portfolio.

Cost-Benefit 110

Cost-Benefit Key Performance Indicator ROI Strategy 110

AWS Big Data

JANUARY 9, 2025

Our experiments are based on real-world historical full order book data, provided by our partner CryptoStruct , and compare the trade-offs between these choices, focusing on performance, cost, and quant developer productivity. Also, the time travel feature can further mitigate any risks of lookahead bias.

Metadata 100

Metadata Snapshot Cost-Benefit Optimization 100

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 137

IT Risk Cost-Benefit Risk Management 137

Sisense

MARCH 26, 2020

From daily operations and managing inventory to building virtual events to replace in-person ones, there are new threats to maintaining business continuity. Companies, especially small businesses are scrambling to cut costs and meet payroll with decreased demand. Digital transformation: The shift to virtual events.

Management 91

Management Cost-Benefit Uncertainty Digital Transformation 91

CIO Business Intelligence

OCTOBER 30, 2023

Disruption has moved from the exception to the norm With disruption now a constant rather than one-off event, organizations must be able to quickly react to change with agility across all aspects of their operating models. The philosophy behind adaptive systems is more about innovation than risk management. Here’s why.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

CIO Business Intelligence

APRIL 12, 2023

The underpinning architecture needs to include event-streaming technology, high-performing databases, and machine learning feature stores. All of this needs to work cohesively in a real-time ecosystem and support the speed and scale necessary to realize the business benefits of real-time AI. It isn’t easy.

Machine Learning 145

Machine Learning Cost-Benefit Data-driven Strategy 145

CIO Business Intelligence

NOVEMBER 20, 2023

This reduces costs while improving customer experience. Hotels could dynamically adjust room rates based on traffic forecasts, weather conditions, and events in the area. Deloitte estimates that predictive maintenance increases productivity by 25%, reduces breakdowns by 70% and lowers overall maintenance costs by 25%.

Sales 131

Sales Cost-Benefit Manufacturing Forecasting 131

CIO Business Intelligence

SEPTEMBER 4, 2024

Security and Beyond: The Payoff Implementing these steps promises substantial benefits, enhancing not just security but also operational resilience. Proactive defense capabilities, retention of critical knowledge, cost-effective staff development, and a culture of continuous learning are just the beginning,” Warn stated.

Strategy 111

Strategy Cost-Benefit Risk Technology 111