CIO Business Intelligence

JULY 25, 2024

IT managers are often responsible for not just overseeing an organization’s IT infrastructure but its IT teams as well. To succeed, you need to understand the fundamentals of security, data storage, hardware, software, networking, and IT management frameworks — and how they all work together to deliver business value.

IT 131

IT Management Risk Risk Management 131

CIO Business Intelligence

JULY 23, 2024

Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. Is the organization transforming fast enough? Are stakeholders struggling or unhappy?

Risk 142

Risk IT Risk Management Cost-Benefit 142

AWS Big Data

JULY 16, 2024

The Zurich Cyber Fusion Center management team faced similar challenges, such as balancing licensing costs to ingest and long-term retention requirements for both business application log and security log data within the existing SIEM architecture.

Insurance 127

Insurance Management Cost-Benefit Optimization 127

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. What are GRC certifications? Why are GRC certifications important?

Risk 119

Risk Risk Management Management Enterprise 119

Smart Data Collective

JUNE 19, 2022

Companies are using AI to better understand their customers, recognize ways to manage finances more efficiently and tackle other issues. AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. Brand Reputation Risk. How can AI help with brand reputation management?

Risk 140

Risk Cost-Benefit Risk Management Manufacturing 140

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

APRIL 22, 2022

Behind every successful IT project, you’ll find a highly skilled project manager. From hardware and software upgrades to ongoing security patches, to application development and the rollout of software itself, project managers keep your teams on task and productive. Top project management certifications.

Management 111

Management Cost-Benefit Testing Risk 111

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

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. Final Words.

Cost-Benefit 133

Cost-Benefit Risk Management Risk Consulting 133

CIO Business Intelligence

AUGUST 30, 2024

As HR technology evolves, professionals in the sector need to understand not only how the solutions function, but how to extract the most benefit from emerging system capabilities. The best way to accomplish this is through human resources information management (HRIM) and human resources information systems (HRIS) certification.

Cost-Benefit 118

Cost-Benefit Risk Management Strategy Testing 118

CIO Business Intelligence

DECEMBER 14, 2023

AI can help with all of these challenges via manufacturing-specific use cases that benefit manufacturers, their employees, and their customers. Process optimization In manufacturing, process optimization that maximizes quality, efficiency, and cost-savings is an ever-present goal. Here’s how.

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

CIO Business Intelligence

OCTOBER 30, 2023

And this goes for government organizations as well as private corporations, as adaptability enables improved mission effectiveness, improved citizen service, increased operational efficiency, faster response times, the ability to do more with less, and reduced costs.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

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 IT Cost-Benefit Risk 109

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. I recommend three primary roles: a product manager owning the vision, a delivery leader overseeing agile teams and implementation, and a program sponsor.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

APRIL 23, 2024

One meaning: initiatives that, as outlined above, have potential benefit but a high probability of failure. The other: structural risks — situations that might become real and would cause serious damage to the IT organization and its business collaborators if they do. In risk management terms it “prevents” (aka avoids) them.

Risk 116

Risk IT Insurance Risk Management 116

CIO Business Intelligence

MAY 9, 2024

Driving business benefits Companies seeking CAIOs are looking to reap myriad benefits from AI adoption, ranging from improved decision-making, to increased efficiency of business processes, higher-quality services, profitability, talent management, customer experience, and innovation.

Risk Management 138

Risk Management Risk Cost-Benefit Technology 138

Smart Data Collective

SEPTEMBER 28, 2021

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. Benefits of AI and IoT in Businesses. The advantages of IoT and AI could be combined to reap the full benefits of both.

IoT 140

IoT Internet of Things Cost-Benefit Consulting 140

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. “We now are paying much more attention to it,” he says.

Risk Management 130

Risk Management Risk Enterprise Insurance 130

IBM Big Data Hub

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 81

Strategy Management Forecasting Internet of Things 81

CIO Business Intelligence

DECEMBER 10, 2024

Bogdan Raduta, head of AI at FlowX.AI, says, Gen AI holds big potential for efficiency, insight, and innovation, but its also absolutely important to pinpoint and measure its true benefits. That gives CIOs breathing room, but not unlimited tether, to prove the value of their gen AI investments.

Sales 142

Sales Metrics Data-driven Measurement 142

erwin

AUGUST 20, 2020

Benefits of Enterprise Architecture. Through EA, organizations benefit from a context-rich, top-down and holistic perspective of their structure, including its limitations and potential. Benefits of Enterprise Architecture. The benefits of EA include: Better decision-making. Reduced risks and costs.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

CIO Business Intelligence

JULY 26, 2024

It also means some individual cloud projects fail, there’s been a change of provider, or there’s some disillusionment regarding costs of new cloud operating models. Security remains a core requirement Security is naturally an essential consideration for IT and business managers when migrating workloads to the cloud.

Digital Transformation 142

Digital Transformation Cost-Benefit Data Processing Risk 142

Decision Management Solutions

APRIL 23, 2019

, in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better. Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

AWS Big Data

FEBRUARY 1, 2024

The solution should be scalable, cost-efficient, and straightforward to adopt and operate. Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization.

Data Warehouse 134

Data Warehouse Dashboards Risk Management Risk 134

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. The actual job of backing things up will be managed by the system processes you set up for consistency and clarity.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

Smart Data Collective

OCTOBER 13, 2021

Choose the right artificial intelligence tools such as System Innovation to help you manage innovation and confront the challenges of technological advancements. One of the biggest benefits of AI is that it has led to new breakthroughs in automation. Automate processes. Take advantage of data analytics.

Technology 131

Technology Cost-Benefit Experimentation Machine Learning 131

CIO Business Intelligence

APRIL 7, 2022

It’s Hobson’s choice: risk being knocked out of business with a single punch vs. risking a slow but just as lethal outcome from loss of customers, marketshare, and mindshare. Add to the challenge this risk-management maxim: Successful prevention is indistinguishable from absence of risk. Chargebacks.

Risk Management 122

Risk Management Risk Cost-Benefit Management 122

CIO Business Intelligence

NOVEMBER 19, 2024

If expectations around the cost and speed of deployment are unrealistically high, milestones are missed, and doubt over potential benefits soon takes root. The right tools and technologies can keep a project on track, avoiding any gap between expected and realized benefits. But this scenario is avoidable.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

Smart Data Collective

OCTOBER 28, 2020

What few of these groups know how to reckon with, though, is how to best manage data that’s no longer in use – particularly data from systems the organization has since retired. This can apply to any of the major data management systems used in healthcare , from EHRs to medical imaging platforms and opioid use monitoring platforms.

Cost-Benefit 135

Cost-Benefit Risk Metadata Software 135

CIO Business Intelligence

NOVEMBER 23, 2022

Other priorities include delivering more strategic insights (41%), getting more active support from senior management (33%), and investing in additional EA resources, training, and certification (32%). Bizzdesigns asked respondents what IT benefits their EA program currently delivers and the top response was improved IT investment decisions.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

CIO Business Intelligence

JULY 25, 2024

Looking to the future, IT leaders must bring stronger focus on “concentration risk”and how these supply chain risks can be better managed. Enter multi-cloud Toavoid the dangers of cloud concentration risk, a multi-cloud strategy,in which business workloads are spread across multiple cloud providers, is vital.

Risk 144

Risk Cost-Benefit Strategy Enterprise 144

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. Following are seven steps to guide this transformation for competitive advantage.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

DECEMBER 19, 2023

Meanwhile, CIOs must still reduce technical debt, modernize applications, and get cloud costs under control. But 99% also report technical challenges, listing integration (68%), data volume and cleansing (59%), and managing unstructured data (55% ) as the top three.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

NOVEMBER 21, 2024

Senior business leaders and CIOs must navigate a complex web of competing priorities, such as managing stakeholder expectations, accelerating technological innovation, and maintaining operational efficiency. These metrics might include operational cost savings, improved system reliability, or enhanced scalability.

Strategy 122

Strategy IT Business Objectives Cost-Benefit 122

CIO Business Intelligence

AUGUST 5, 2022

Other factors driving multicloud adoption this year included scalability, security and governance, and cost reduction. Some of the other barriers listed by respondents included teams working in silos, compliance, risk management and lack of training.

Reporting 124

Reporting Enterprise Cost-Benefit Digital Transformation 124

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.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

Smart Data Collective

APRIL 21, 2022

The market for AI is growing due to its obvious benefits. 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. Benefits of hiring Application development consulting to take advantage of the power of AI. ?

Consulting 107

Consulting Cost-Benefit Software Machine Learning 107