CIO Business Intelligence

NOVEMBER 21, 2023

After all, 41% of employees acquire, modify, or create technology outside of IT’s visibility , and 52% of respondents to EY’s Global Third-Party Risk Management Survey had an outage — and 38% reported a data breach — caused by third parties over the past two years.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

DECEMBER 29, 2023

“The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Building and deploying intelligent automation CIOs will need to operate more efficiently by accelerating the benefits of automation. Our focus is on curating reusable data and AI insights,” she says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

OCTOBER 14, 2024

Taylor adds that functional CIOs tend to concentrate on business-as-usual facets of IT such as system and services reliability; cost reduction and improving efficiency; risk management/ensuring the security and reliability of IT systems; and ongoing support of existing technology and tracking daily metrics.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

CIO Business Intelligence

NOVEMBER 4, 2024

IDC, for instance, recommends the NIST AI Risk Management Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites best practices for some aspects of AI governance in “ IDC PeerScape: Practices for Securing AI Models and Applications.”

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

Corinium

APRIL 25, 2019

Most enterprises in the 21st century regard data as an incredibly valuable asset – Insurance is no exception - to know your customers better, know your market better, operate more efficiently and other business benefits. In reality, this decision, like any decision regarding data usage, is based on balancing business risk and reward.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Ontotext

JULY 6, 2023

The solution brings many business benefits. By promptly identifying and addressing risks, it enhances operational resiliency and enables proactive risk management. The solution also reduces incident response times, optimizes processes and streamlines asset management.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

DataRobot Blog

MARCH 7, 2023

Organizations that want to prove the value of AI by developing, deploying, and managing machine learning models at scale can now do so quickly using the DataRobot AI Platform on Microsoft Azure. DataRobot is available on Azure as an AI Platform Single-Tenant SaaS, eliminating the time and cost of an on-premises implementation.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

CIO Business Intelligence

JULY 31, 2023

Some are expecting cost savings using this technology, but there’s also the expectation that they’ll find ways to incorporate this technology [into their company’s products] to strengthen their offerings,” Carmichael adds. “You This is an issue for CIOs. CIOs should first and foremost establish a clear roadmap for implementing generative AI.

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

FEBRUARY 3, 2023

How do they benefit you? How do they benefit the business? Three of the team—two cyber engineers and a risk manager—were hired directly from the University in their third years, prior to graduation. “We “We’re really strong in accreditation, so every member of the technology team has an individual career path,” he says.

IT 52

IT Experimentation Scorecard Digital Transformation 52

CIO Business Intelligence

SEPTEMBER 10, 2024

Our IT evolution Having worked primarily in traditionally structured industries like oil and gas, government, education and finance, I’ve witnessed firsthand how technology was once considered a commodity, a cost center. However, its impact on culture must be carefully considered to maximize benefits and mitigate risks.

IT 122

IT Risk Risk Management Predictive Modeling 122