CIO Business Intelligence

FEBRUARY 20, 2024

While cloud risk analysis should be no different than any other third-party risk analysis, many enterprises treat the cloud more gently, taking a less thorough approach. Interrelations between these various partners further complicate the risk equation. That’s where the contract comes into play.

Risk 131

Risk Enterprise Strategy Snapshot 131

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

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

AUGUST 21, 2024

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.” They also had extreme measurement sensitivity.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

APRIL 23, 2024

As CIO, you’re in the risk business. Or rather, every part of your responsibilities entails risk, whether you’re paying attention to it or not. There are, for example, those in leadership roles who, while promoting the value of risk-taking, also insist on “holding people accountable.” You can’t lose.

Risk 116

Risk IT Insurance Risk Management 116

CIO Business Intelligence

JULY 18, 2024

If exploited, a single mainframe code vulnerability can allow a hacker to bypass security controls and corrupt a system, all while covering their tracks—all of which come at a high cost to the company. What steps can be taken to minimize the risk of hackers penetrating the mainframe? Mainframes are under more pressure than ever before.

Risk 124

Risk Software Insurance Cost-Benefit 124

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

JANUARY 3, 2024

The goal, he says, is to understand how AI will benefit Rich’s business overall. “We The risk of going out of business is just one of many disaster scenarios that early adopters have to grapple with. And it’s not just start-ups that can expose an enterprise to AI-related third-party risk. He’s not the only one.

Risk 131

Risk Modeling Enterprise Marketing 131

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 13, 2024

As with any new technology, however, security must be designed into the adoption of AI in order to minimize potential risks. How can you close security gaps related to the surge in AI apps in order to balance both the benefits and risks of AI? Enterprises can manage AI risks at every step of the journey with AI Runtime Security.

Risk 119

Risk Cost-Benefit Enterprise Modeling 119

O'Reilly on Data

SEPTEMBER 15, 2020

AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.

Advertising 299

Advertising Cost-Benefit ROI Machine Learning 299

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 301

Consulting Risk Cost-Benefit Modeling 301

datapine

MAY 2, 2023

Table of Contents 1) Benefits Of Big Data In Logistics 2) 10 Big Data In Logistics Use Cases Big data is revolutionizing many fields of business, and logistics analytics is no exception. These applications are designed to benefit logistics and shipping companies alike. Did you know?

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

CIO Business Intelligence

AUGUST 20, 2024

Many AI projects have huge upfront costs — up to $200,000 for coding assistants, $1 million to embed generative AI in custom apps, $6.5 Those costs don’t include recurring costs, which can run into the thousands of dollars per user each year. SMBs are particularly vulnerable to these cost increases.”

Risk 131

Risk Cost-Benefit Insurance ROI 131

O'Reilly on Data

MAY 27, 2020

So the state calculates and publishes a “Risk Adjusted Mortality Ratio”—a comparison between the actual number of observed deaths and the number that would be statistically expected, on average, for patients medically similar to those each doctor actually operated on. Credit scores.

Risk 355

Risk Testing Reporting Measurement 355

O'Reilly on Data

APRIL 23, 2024

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

Advertising 276

Advertising Cost-Benefit Marketing Risk 276

datapine

AUGUST 12, 2020

Knowing how to prepare and create one with the help of an online data analysis tool can reduce costs and time to decide on a relevant course of action. Benefit from great business reports today! Benefit from great business reports today! Report examples for business: The benefits. Let’s get started.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

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

CIO Business Intelligence

OCTOBER 23, 2024

CIOs are under increasing pressure to deliver meaningful returns from generative AI initiatives, yet spiraling costs and complex governance challenges are undermining their efforts, according to Gartner. hours per week by integrating generative AI into their workflows, these benefits are not felt equally across the workforce.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

DataKitchen

NOVEMBER 27, 2024

Benefits and Challenges of The Data Quality Dimension Approach Data quality dimensions are often heralded as foundational principles for evaluating and improving data quality. For instance, a bank might use a CDE dashboard to monitor the accuracy of customer credit scores, which are vital for regulatory compliance and effective risk modeling.

Data Quality 219

Data Quality Dashboards Metrics Cost-Benefit 219

O'Reilly on Data

APRIL 5, 2023

The bat, he tells us, costs a dollar more than the ball. How much does the ball cost? As a result, most people will leap intuitively to the easiest answer–that the bat costs a dollar and the ball costs a dime–even though that answer is wrong and just a few minutes more thinking will reveal the correct answer.

Cost-Benefit 277

Cost-Benefit Data-driven Measurement Visualization 277

O'Reilly on Data

NOVEMBER 28, 2023

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. The second most common reason was concern about legal issues, risk, and compliance (18% for nonusers, 20% for users).

Enterprise 277

Enterprise Modeling Testing Reporting 277

O'Reilly on Data

APRIL 22, 2020

Compliance functions are powerful because legal violations result in clear financial costs. The era in which fines were merely a cost of doing business appears to be ending. As a privacy leader in the technology space, Apple knows this well and has benefited from a strong reputation as a data steward.

Cost-Benefit 250

Cost-Benefit Finance Data-driven Strategy 250

CIO Business Intelligence

OCTOBER 4, 2024

Employees who wish to boost their efficiency through AI can benefit not only from upskilling, but also be supported with the right data, applications, and collaboration tools. Reduce costs : Organizations can see long-term cost savings by investing in technology that boosts workplace productivity and reduces labor costs.

Cost-Benefit 128

Cost-Benefit Risk Optimization Machine Learning 128

CIO Business Intelligence

NOVEMBER 27, 2024

To fully benefit from AI, organizations must take bold steps to accelerate the time to value for these applications. Operational AI offers organizations significant benefits, including time and cost savings, and critical competitive advantages in today’s business landscape. This is where Operational AI comes into play.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

datapine

OCTOBER 11, 2023

Keep on reading to learn a definition, benefits, and a warehouse KPI list with the most prominent examples any manager should be tracking to achieve operational success. It allows for informed decision-making and efficient risk mitigation. With the power of data, you can boost your warehouse efficiency at the lowest possible cost.

Metrics 217

Metrics KPI Management Cost-Benefit 217

CIO Business Intelligence

MARCH 6, 2024

Multiple attacks on well-known manufacturers have ended with huge expenses, including Austrian aerospace parts maker, FACC AG, which lost $61 million thanks to a phishing scam , and Norsk-Hydro , which was hit by a ransomware attack that cost $75 million. Attacks against OT systems pose risks beyond financial losses.

ROI 126

ROI Manufacturing Cost-Benefit IoT 126

CIO Business Intelligence

OCTOBER 16, 2024

As gen AI becomes embedded into more devices, endowing it with autonomous decision-making will depend on real-time data and avoiding excessive cloud costs. By processing data closer to the source, edge computing can enable quicker decisions and reduce costs by minimizing data transfers, making it an alluring environment for AI.

Cost-Benefit 143

Cost-Benefit Manufacturing Data-driven Optimization 143

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

datapine

OCTOBER 21, 2021

For decades now, companies have benefited from monthly reports to share the insights they extract from their data, their accomplishments, current tasks, and goals, but mostly to keep every relevant stakeholder invested and informed, as this is a key requirement to succeed in today’s crowded and fast-paced world. Let’s get started!

Reporting 211

Reporting Dashboards Metrics Cost-Benefit 211

CIO Business Intelligence

JULY 5, 2024

The landscape of data center infrastructure is shifting dramatically, influenced by recent licensing changes from Broadcom that are driving up costs and prompting enterprises to reevaluate their virtualization strategies. Clients are seeing increased costs with on-premises virtualization with Broadcom’s acquisition of VMware.

Cost-Benefit 124

Cost-Benefit Data Processing Reporting Enterprise 124

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. Mounting technical debt and extending the life of legacy systems are key risks CIOs should be paranoid about.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

MARCH 25, 2024

This article explores how CIOs can address each of their CFO’s key concerns when moving away from project-based teams to persistent funding, including the need to better track ROI, reduce risk, and reduce cost. The persistent teams used a benefits delivery roadmap, which outlined the SMART benefits to be delivered throughout the year.

Modeling 124

Modeling Cost-Benefit IT ROI 124

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

NOVEMBER 14, 2023

“Today we face the harsh reality of cloud costs, if not done right,” says Jay Upchurch, executive vice president and CIO at SAS. Without a clear cloud strategy and broad leadership support, even value-adding cloud investments may be at risk. Cloud costs will often — and rapidly — become large line items on budgets.

Strategy 145

Strategy Cost-Benefit IT Key Performance Indicator 145

CIO Business Intelligence

NOVEMBER 19, 2024

This year, many CIOs have focused on getting AI prototypes up and running without fully considering the long-term operating costs , he says. Gartner recently estimated that organizations that don’t understand how their generative AI costs scale could make a 500% to 1,000% calculation error, he notes. That’s not where you want to be.”

Cost-Benefit 133

Cost-Benefit Risk Business Objectives Data-driven 133