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

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

CIO Business Intelligence

APRIL 12, 2022

The supply chain havoc caused by the coronavirus pandemic has left an indelible mark on the minds (and businesses) of manufacturers, wholesalers, dealers and retailers. And it has quite some catching up to do – the smart manufacturing industry is set to grow from $250 billion in 2021 to $658 billion in 2029.

IoT 105

IoT Analytics Manufacturing Internet of Things 105

Ontotext

APRIL 6, 2023

Knowledge graphs are changing the game A knowledge graph is a data model that uses semantics to represent real-world entities and the relationships between them. It can apply automated reasoning to extract further knowledge and make new connections between different pieces of data. Manufacturing and Industry 4.0

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

CIO Business Intelligence

DECEMBER 8, 2022

This is designed to help manufacturing, transportation and other industries accelerate sustainability initiatives and make data-driven decisions to reduce their carbon footprint and become more efficient through the intelligent use of IoT connectivity. Data lives in silos across the IT and OT environment.

IoT 101

IoT ROI Cost-Benefit Risk 101

CIO Business Intelligence

OCTOBER 19, 2022

As Sanjib Sahoo, chief digital officer of Ingram Micro, sees it , “Once a company has transformed from traditional IT to a platform-driven business, the technology leadership role must shift to value creation,” he says. The CIO’s evolving data role Data falls into a similar category as digital.

IT 124

IT Data Warehouse Digital Transformation Risk 124

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

CIO Business Intelligence

MAY 13, 2024

Lawrence Bilker can easily articulate the business values that his IT initiatives should deliver: better experiences for both employees and customers, more insights from data to enable smarter decision-making, and more intelligence for improved operations. And CEOs are looking to CIOs to create those products.”

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

JUNE 8, 2023

The technology initiatives that are expected to drive the most IT investment in 2023 security/risk management, data/business analytics, cloud-migration, application/legacy systems modernization, machine learning/AI, and customer experience technologies. The small business budget has tripled from 2020 from $5.5

Strategy 98

Strategy Data-driven Business Objectives Interactive 98

CIO Business Intelligence

MAY 18, 2022

That requires enterprise architects to work more closely with risk management and security staff to understand dependencies among the components in the architecture to better understand the likelihood and severity of disruptions and formulate plans to cope with them.

Enterprise 122

Enterprise Measurement Data-driven Software 122

IBM Big Data Hub

FEBRUARY 13, 2024

Demystifying generative AI At the heart of Generative AI lie massive databases of texts, images, code and other data types. This data is fed into generational models, and there are a few to choose from, each developed to excel at a specific task. Imagine each data point as a glowing orb placed on a vast, multi-dimensional landscape.

Enterprise 118

Enterprise Testing Modeling Data-driven 118

IBM Big Data Hub

JANUARY 30, 2024

In the last post , we looked at creating a blueprint for a sustainable data center. Now we’ll look at how to get the most out of a modern data center. Get inspired A successful data center implementation can best be described as a distributed, dynamic, efficient and resilient IT nucleus.

Manufacturing 71

Manufacturing Business Objectives Optimization Data-driven 71

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.” But in 2024, CIOs will shift their focus toward responsible deployment, says Barry Shurkey, CIO at NTT Data, a digital business and IT consulting and services firm. Snow Software’s CIO Al Pooley agrees.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% But despite those expenditures, there have already been at least 13 major data breaches, including at Apple, Meta and Twitter. to reach more than $188.3 billion this year.

IT 111

IT Cost-Benefit Risk Consulting 111

CIO Business Intelligence

APRIL 15, 2024

A smaller number (16% of IT leaders and 11% of LOB) sought out CIO consultation to help evaluate and advise on choices using a risk management or governance lens. Generative AI is a major focus, with more than half of IT leaders (58%) driving alignment with LOB on adoption and use of the emerging technology.

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

IBM Big Data Hub

JUNE 10, 2024

As an example of what such a monumental number means from a different perspective, chip manufacturer Ar m claimed to have shipped 7.3 The rampant demand for personal computing platforms (like smartphones, laptops and gaming consoles) has driven a massive and ongoing expansion of CPU use. There are approximately 7.8

Manufacturing 64

Manufacturing Forecasting Data-driven Internet of Things 64

IBM Big Data Hub

FEBRUARY 19, 2024

Big data and predictive analytics are increasingly being used to improve forecasting accuracy, allowing businesses to respond more effectively to changes in customer needs. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

Strategy 81

Strategy Management Forecasting Internet of Things 81

CIO Business Intelligence

JULY 6, 2023

The group was able to automate one process and then expanded the effort from there, according to Mark Austin, vice president of data science. Early on in its RPA initiative AT&T decided to combine the technology with data science to create smarter bots that leverage AI capabilities such as optical character recognition (OCR) and NLP.

Cost-Benefit 119

Cost-Benefit Technology Unstructured Data Testing 119

CIO Business Intelligence

JULY 31, 2023

To allow or not According to various news reports, some big-name companies initially blocked generative AI tools such as ChatGPT for various reasons, including concerns about protecting proprietary data. 1 question now is to allow or not allow,” says Mir Kashifuddin, data risk and privacy leader with the professional services firm PwC US.

Strategy 98

Strategy Risk Enterprise Risk Management 98

BizAcuity

MARCH 31, 2022

You must be tired of continuously hearing quotes like, ‘data is the new oil’ and what not. Combined, it has come to a point where data analytics is your safety net first, and business driver second. These industries accumulate ridiculous amounts of data on a daily basis. AI Adoption and Data Strategy. AI for Business.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

IBM Big Data Hub

MAY 17, 2024

Poorly run implementations of traditional or generative AI in commerce—such as models trained on inadequate or inappropriate data—lead to bad experiences that alienate consumers and businesses. This includes trust in the data, the security, the brand and the people behind the AI.

B2B 64

B2B Interactive Optimization Data-driven 64

Andrew White

JANUARY 11, 2021

It was titled, The Gartner 2021 Leadership Vision for Data & Analytics Leaders. This was for the Chief Data Officer, or head of data and analytics. The fill report is here: Leadership Vision for 2021: Data and Analytics. Which industry, sector moves fast and successful with data-driven?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

IBM Big Data Hub

JULY 7, 2023

Threats to your data are virtually everywhere these days, and too often, data compromises seem almost inevitable. But with a proactive approach to data security, organizations can fight back against the seemingly endless waves of threats. Thirty percent of those incidents occurred in manufacturing organizations.

Risk 40

Risk Data Governance Data Lake Data-driven 40

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. Management. The Impact of COVID-19 on Financial Services & Risk Management. Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. Listening time: 12 minutes.

Risk Management 128

Risk Management Risk Enterprise Management 128

CIO Business Intelligence

AUGUST 7, 2024

It automated and streamlined complex workflows, thereby reducing the risk of errors and enabling analysts to concentrate on more strategic tasks. Its AI/ML-driven predictive analysis enhanced proactive threat hunting and phishing investigations as well as automated case management for swift threat identification.

IT 119

IT Insurance Cost-Benefit Testing 119

CIO Business Intelligence

OCTOBER 2, 2024

For instance, companies in sectors like manufacturing or consumer goods often leverage AI to optimize their supply chain. While this leads to efficiency, it also raises questions about transparency and data usage. Data governance Strong data governance is the foundation of any successful AI strategy.

Gap analysis 119

Gap analysis Risk Manufacturing Data Governance 119

Smart Data Collective

MAY 15, 2019

Big data has created both positive and negative impacts on digital technology. On the one hand, big data technology has made it easier for companies to serve their customers. On the other hand, big data has created a number of security risks that they need to be aware of, especially with brands leveraging Hadoop technology.

Big Data 106

Big Data Risk Measurement Data mining 106

Jet Global

AUGUST 13, 2024

You’ve probably heard a lot about the disruptive effect of AI software on creative roles like graphic design and writing, but there’s been considerably less talk about how potentially game-changing AI and ML can be for the manufacturing industry. This empowers business leaders to make informed decisions quickly and accurately.

Manufacturing 52

Manufacturing Reporting Optimization Sales 52

datapine

AUGUST 29, 2022

The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Companies, both big and small, are seeking the finest ways to leverage their data into a competitive advantage.

Big Data 263

Big Data Data Analytics Analytics Data mining 263

Jet Global

APRIL 5, 2021

Financial models offer data-driven, quantitative analysis that tells you where your company stands and where it’s heading. Risk management. As a result, companies must be agile—poised to make quick, strategic decisions based on the latest incoming data—if they hope to succeed. Prioritizing projects.

Modeling 98

Modeling Forecasting Metrics Finance 98

Jet Global

NOVEMBER 15, 2021

For an organization to be successful in their tax function, they need to evaluate the performance of their tax function using a variety of KPIs and metrics, ranging from traditional KPIs such as effective tax rate, filing timelines, financial risk management, etc.; Good quality data can help the organization avoid audit adjustments.

Metrics 52

Metrics Reporting KPI Risk Management 52

Jet Global

DECEMBER 22, 2020

It also has implications for risk management; lots of small policies are less risky than a few large policies. Becoming a data-driven, impact-oriented insurance organization requires a new approach to organizing and accessing data. How to Build Useful KPI Dashboards. Download Now: Business Email *.

Insurance 69

Insurance Recreation/Entertainment Metrics Finance 69

Jet Global

MARCH 2, 2022

ESG reporting is the process of disclosing data by a company or organization about its environmental, social, and governance impacts. Human capital management and development. Privacy and data security. As such, there are no formal requirements that require companies and organizations to report and provide their ESG data.

Reporting 59

Reporting Recreation/Entertainment Risk Insurance 59

CIO Business Intelligence

FEBRUARY 13, 2025

From manufacturing to healthcare and finance to defense, AI enhances efficiency, decision-making and operational agility, providing organizations a competitive edge in an increasingly data-driven world. Subtle input data manipulations can cause AI systems to make incorrect decisions, jeopardizing their reliability.

Risk 116

Risk Data-driven Finance Risk Management 116

CIO Business Intelligence

MARCH 31, 2025

There are two main considerations associated with the fundamentals of sovereign AI: 1) Control of the algorithms and the data on the basis of which the AI is trained and developed; and 2) the sovereignty of the infrastructure on which the AI resides and operates.

Risk 78

Risk Data Processing Data-driven Modeling 78

Jet Global

FEBRUARY 7, 2025

Understanding how different lease scenarios play out in practice helps organizations manage financial reporting more effectively. Businesses enter into lease agreements for a variety of assets, including office space, manufacturing equipment, company vehicles, and retail storefronts. What Are Lease Accounting Examples?

Finance 40

Finance Reporting Cost-Benefit Manufacturing 40