CIO Business Intelligence

JUNE 26, 2023

Transitioning to automated, data-driven processes is the best way for these companies to not only cope with change but also take advantage of it. Consumer banks can use digital interactions to gather more customer data and apply real-time analytics to expand services and speed up processes.

Data-driven 98

Data-driven Insurance Risk Risk Management 98

CIO Business Intelligence

DECEMBER 20, 2024

As concerns about AI security, risk, and compliance continue to escalate, practical solutions remain elusive. as AI adoption and risk increases, its time to understand why sweating the small and not-so-small stuff matters and where we go from here. The latter issue, data protection, touches every company.

Risk 105

Risk Measurement Interactive Modeling 105

Smart Data Collective

SEPTEMBER 17, 2020

Nowadays, terms like ‘Data Analytics,’ ‘Data Visualization,’ and ‘Big Data’ have become quite popular. In this modern age, each business entity is driven by data. Data analytics are now very crucial whenever there is a decision-making process involved. The Role of Big Data.

Big Data 145

Big Data Finance Risk Management Risk 145

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

erwin

SEPTEMBER 3, 2020

Why should you integrate data governance (DG) and enterprise architecture (EA)? Data governance provides time-sensitive, current-state architecture information with a high level of quality. Data governance provides time-sensitive, current-state architecture information with a high level of quality.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

CIO Business Intelligence

JUNE 6, 2024

RAI Institute described the template as an “industry-agnostic, plug-and-play policy document” that allow organizations to develop policies that are aligned with both business needs and risks. The fact that RAI Institute is member-driven is also paramount, she said. “We

Risk Management 131

Risk Management Risk Data-driven Consulting 131

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

erwin

SEPTEMBER 17, 2020

Replace manual and recurring tasks for fast, reliable data lineage and overall data governance. It’s paramount that organizations understand the benefits of automating end-to-end data lineage. The importance of end-to-end data lineage is widely understood and ignoring it is risky business. Doing Data Lineage Right.

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

erwin

FEBRUARY 20, 2020

Recently, Glassdoor named enterprise architecture the top tech job in the UK , indicating its increasing importance to the enterprise in the tech and data-driven world. erwin helps model, manage and transform mission-critical value streams across industries, as well as identify sensitive information.

Enterprise 128

Enterprise Modeling Dashboards Visualization 128

erwin

AUGUST 20, 2020

It provides a visual blueprint, demonstrating the connection between applications, technologies and data to the business functions they support. As a practice, EA involves the documentation, analysis, design and implementation of an organization’s assets and structure. Data Governance. Application Portfolio Management.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

datapine

FEBRUARY 22, 2022

Over the past 5 years, big data and BI became more than just data science buzzwords. Without real-time insight into their data, businesses remain reactive, miss strategic growth opportunities, lose their competitive edge, fail to take advantage of cost savings options, don’t ensure customer satisfaction… the list goes on.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

CIO Business Intelligence

DECEMBER 19, 2023

After all, every department is pressured to drive efficiencies and is clamoring for automation, data capabilities, and improvements in employee experiences, some of which could be addressed with generative AI. As every CIO can attest, the aggregate demand for IT and data capabilities is straining their IT leadership teams.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

JUNE 27, 2024

Seven companies that license music, images, videos, and other data used for training artificial intelligence systems have formed a trade association to promote responsible and ethical licensing of intellectual property. They must also introduce operational processes document and disclose copyright-related information during dataset creation.”

Risk 128

Risk Measurement Risk Management Data-driven 128

erwin

JULY 12, 2019

In light of recent, high-profile data breaches, it’s past-time we re-examined strategic data governance and its role in managing regulatory requirements. for alleged violations of the European Union’s General Data Protection Regulation (GDPR). Complexity. Five Steps to GDPR/CCPA Compliance. Govern PII “at rest”.

Data Governance 110

Data Governance Management Metadata Risk Management 110

erwin

OCTOBER 17, 2019

Architect Everything: New use cases for enterprise architecture are increasing enterprise architect’s stock in data-driven business. it ensures not only access to proper documentation but also current, updated information. The Regulatory Rationale for Integrating Data Management & Data Governance.

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

erwin

APRIL 29, 2020

Data lineage is the journey data takes from its creation through its transformations over time. Tracing the source of data is an arduous task. With all these diverse data sources, and if systems are integrated, it is difficult to understand the complicated data web they form much less get a simple visual flow.

Metadata 111

Metadata Key Performance Indicator Data Governance Data Quality 111

erwin

MARCH 25, 2021

erwin recently hosted the second in its six-part webinar series on the practice of data governance and how to proactively deal with its complexities. Led by Frank Pörschmann of iDIGMA GmbH, an IT industry veteran and data governance strategist, the second webinar focused on “ The Value of Data Governance & How to Quantify It.”.

Data Governance 109

Data Governance Cost-Benefit IT Risk 109

DataRobot Blog

APRIL 29, 2022

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses.

Risk 111

Risk Modeling IT Risk Management 111

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 Data Science 137

CIO Business Intelligence

OCTOBER 3, 2023

They enable greater efficiency and accuracy and error reduction, better decision making, better compliance and risk management, process optimisation and greater agility. Intelligent document processing: uses artificial intelligence and machine learning techniques to automate the processing of documents and unstructured data.

Cost-Benefit 122

Cost-Benefit Machine Learning Interactive Software 122

erwin

OCTOBER 24, 2019

Untapped data, if mined, represents tremendous potential for your organization. While there has been a lot of talk about big data over the years, the real hero in unlocking the value of enterprise data is metadata , or the data about the data. They don’t know exactly what data they have or even where some of it is.

Metadata 104

Metadata Management Data-driven Data Architecture 104

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. This generates reliable business insights and sustains AI-driven value across the enterprise.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

erwin

NOVEMBER 13, 2020

Data Security & Risk Management. Innovation Management. Data Center Consolidation. Application Portfolio Management. Data Governance (knowing what data you have and where it is). Digital Transformation. Compliance/Legislation. Artificial Intelligence. Knowledge Improvement and Retention.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

AWS Big Data

SEPTEMBER 26, 2024

Organizations are collecting and storing vast amounts of structured and unstructured data like reports, whitepapers, and research documents. By consolidating this information, analysts can discover and integrate data from across the organization, creating valuable data products based on a unified dataset.

Data Lake 115

Data Lake Cost-Benefit Unstructured Data Modeling 115

CIO Business Intelligence

JUNE 8, 2023

There’s a strong need for workers with expertise in helping companies make sense of data, launch cloud strategies, build applications, and improve the overall user experience. This demand has driven up salaries for IT roles, especially those around development, engineering, and support.

IT 140

IT Digital Transformation Software Risk 140

CIO Business Intelligence

MAY 15, 2024

Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name. If you have a data center that happens to have capacity, why pay someone else?” It’s also the training data, model weights, and fine tuning. Gen AI, however, isn’t just code.

Modeling 137

Modeling Risk Software Enterprise 137

IBM Big Data Hub

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Demystifying generative AI At the heart of Generative AI lie massive databases of texts, images, code and other data types.

Enterprise 118

Enterprise Testing Modeling Data-driven 118

erwin

APRIL 2, 2021

Organizations are managing more data than ever. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing. Data Security Starts with Data Governance.

Data Governance 106

Data Governance Cost-Benefit Metadata Risk 106

Smart Data Collective

APRIL 16, 2021

The World Economic Forum has included cyber-attacks and data breaches in the list of top global risks in 2020. The problems associated with data breaches cannot possibly be overstated. The average data breach cost $3.86 This is critical if you want to stop a data breach. Why do you need an email security plan?

Data-driven 144

Data-driven Enterprise Data Processing Risk 144

AWS Big Data

JULY 9, 2024

Amazon Managed Workflows for Apache Airflow (Amazon MWAA) is a managed orchestration service for Apache Airflow that significantly improves security and availability, and reduces infrastructure management overhead when setting up and operating end-to-end data pipelines in the cloud. environments on Amazon MWAA.

Data-driven 111

Data-driven Reporting Management Risk 111

Cloudera

JUNE 12, 2024

Traditional machine learning (ML) models enhance risk management, credit scoring, anti-money laundering efforts and process automation. Some of the biggest and well-known financial institutions are already realizing value from AI and GenAI: JPMorgan Chase uses AI for personalized virtual assistants and ML models for risk management.

Finance 77

Finance Risk Management Risk Data-driven 77

erwin

OCTOBER 31, 2019

Do you know where your data is? What data you have? Add to the mix the potential for a data breach followed by non-compliance, reputational damage and financial penalties and a real horror story could unfold. s Information Commissioner’s Office had levied against both Facebook and Equifax for their data breaches.

Data Governance 105

Data Governance Metadata Risk Data Lake 105

CIO Business Intelligence

NOVEMBER 23, 2022

The process is driven by a “comprehensive picture of an entire enterprise from the perspectives of owner, designer, and builder,” according to the EABOK. Unlike other frameworks, EA doesn’t include a formal documentation structure; instead, it’s intended to offer a more holistic view of the enterprise. Data warehouse.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

CIO Business Intelligence

JULY 6, 2023

Classic examples are the use of AI to capture and convert semi-structured documents such as purchase orders and invoices, Fleming says. The group was able to automate one process and then expanded the effort from there, according to Mark Austin, vice president of data science.

Cost-Benefit 119

Cost-Benefit Technology Unstructured Data Testing 119

Cloudera

NOVEMBER 18, 2021

With so many impactful and innovative projects being carried out by our customers using the Cloudera platform, selecting the winners of our annual Data Impact Awards (DIA) is never an easy task. So, without further ado, it is with great delight that we officially publish the 2021 Data Impact Award winners! Data Lifecycle Connection.

Data Lake 77

Data Lake Cost-Benefit Digital Transformation Risk 77

Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. Commercial Lines truly is an “uber industry” with respect to data. A Long, Long Time Ago.

Insurance 97

Insurance Risk Unstructured Data Data-driven 97

Alation

AUGUST 17, 2022

According to analysts, data governance programs have not shown a high success rate. According to CIOs , historical data governance programs were invasive and suffered from one of two defects: They were either forced on the rank and file — who grew to dislike IT as a result. The Risks of Early Data Governance Programs.

Data Governance 92

Data Governance Risk Data-driven Measurement 92