Smart Data Collective

OCTOBER 26, 2023

AI technology is helping with cybersecurity in a myriad of ways. Cybersecurity is the practice of taking precautions to protect data privacy, security, and reliability from being compromised online. Cybersecurity is the practice of taking precautions to protect data privacy, security, and reliability from being compromised online.

Technology 107

Technology Risk Measurement IoT 107

bridgei2i

NOVEMBER 20, 2020

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

Risk Management 92

Risk Management Risk Management Metrics 92

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. IRM technology product leaders will need to develop IRM capabilities that are capable of addressing the IRM market insights outlined in this blog post.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

NOVEMBER 11, 2024

In today’s fast-paced digital environment, enterprises increasingly leverage AI and analytics to strengthen their risk management strategies. By adopting AI-driven approaches, businesses can better anticipate potential threats, make data-informed decisions, and bolster the security of their assets and operations.

Risk Management 59

Risk Management Risk Management Data-driven 59

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

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

CIO Business Intelligence

DECEMBER 10, 2024

Still, CIOs have reason to drive AI capabilities and employee adoption, as only 16% of companies are reinvention ready with fully modernized data foundations and end-to-end platform integration to support automation across most business processes, according to Accenture. These reinvention-ready organizations have 2.5

Sales 142

Sales Metrics Data-driven Measurement 142

CIO Business Intelligence

JULY 23, 2024

But devsecops roles are also stressful when teams feel pressure to deliver capabilities, resolve defects, and keep up with the latest technologies. Now, add data, ML, and AI to the areas driving stress across the organization.

Risk 142

Risk IT Risk Management Cost-Benefit 142

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. AI technology adoption is already widespread,” RAI Institute said. The fact that RAI Institute is member-driven is also paramount, she said. “We

Risk Management 131

Risk Management Risk Data-driven Consulting 131

CIO Business Intelligence

MAY 9, 2024

To date, many of these positions are with technology vendors or at government entities in the wake of recent AI mandates. They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization.

Risk Management 138

Risk Management Risk Cost-Benefit Technology 138

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 144

Big Data Finance Risk Management Risk 144

CIO Business Intelligence

MAY 24, 2024

Enter the need for competent governance, risk and compliance (GRC) professionals. A variety of roles in the enterprise require or benefit from a GRC certification, such as chief information officer, IT security analyst, security engineer architect, information assurance program manager, and senior IT auditor , among others.

Risk 119

Risk Risk Management Management Enterprise 119

datapine

MARCH 31, 2022

Does data excite, inspire, or even amaze you? Despite these findings, the undeniable value of intelligence for business, and the incredible demand for BI skills, there is a severe shortage of BI-based data professionals – with a shortfall of 1.5 2) Top 10 Necessary BI Skills. 3) What Are the First Steps To Getting Started?

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. 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

Smart Data Collective

SEPTEMBER 28, 2021

In today’s modern era, AI and IoT are technologies poised to impact every part of the industry and society radically. Because most businesses devote their primary efforts to developing their brand, software applications, or network, new technologies are apt to transform how they operate. l Improved Risk Management.

IoT 140

IoT Internet of Things Cost-Benefit Consulting 140

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 Strategy 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

John Wheeler

MARCH 6, 2019

It has been 5 years since Gartner embarked on the journey to enhance our coverage of the risk management technology marketplace. That journey included in-depth survey research and countless interactions with our end-user clients to understand their need to better manage strategic, operational and IT/cybersecurity risks.

Risk Management 77

Risk Management Risk Data-driven Marketing 77

CIO Business Intelligence

NOVEMBER 21, 2024

Technology has shifted from a back-office function to a core enabler of business growth, innovation, and competitive advantage. 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.

Strategy 122

Strategy IT Business Objectives Cost-Benefit 122

Cloudera

MAY 30, 2024

The financial services industry is undergoing a significant transformation, driven by the need for data-driven insights, digital transformation, and compliance with evolving regulations. What are some of the reasons that TAI Solutions’ customers choose Cloudera?

Data Analytics 86

Data Analytics Risk Management Digital Transformation Analytics 86

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

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). Technology (addressing business and operation systems, the assets, resources and the business).

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

CIO Business Intelligence

JANUARY 11, 2024

CIOs are under increasing pressure to deliver AI across their enterprises – a new reality that, despite the hype, requires pragmatic approaches to testing, deploying, and managing the technologies responsibly to help their organizations work faster and smarter. The top brass is paying close attention.

Enterprise 128

Enterprise Uncertainty Reporting Risk Management 128

CIO Business Intelligence

AUGUST 26, 2024

The strengths of AI in modern business AI’s ability to automate tasks, reduce errors, and make data-driven decisions at scale are its best lauded strengths. The limitations of AI On the flip side, AI-driven solutions may struggle to account for the nuanced and context-dependent nature of human behavior. So, what now?

Data-driven 114

Data-driven Manufacturing Cost-Benefit Data Warehouse 114

CIO Business Intelligence

NOVEMBER 19, 2024

The right tools and technologies can keep a project on track, avoiding any gap between expected and realized benefits. A modern data and artificial intelligence (AI) platform running on scalable processors can handle diverse analytics workloads and speed data retrieval, delivering deeper insights to empower strategic decision-making.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

CIO Business Intelligence

DECEMBER 10, 2024

Data and AI need to be at the core of this transformation. Most firms, however, have not yet developed this level of digital maturity within their own operations, or the wherewithal to implement data- and AI-driven operational transformations within their portfolio companies.

Uncertainty 96

Uncertainty Data-driven Marketing Insurance 96

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

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 Digital Transformation 128

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 IT Cost-Benefit Risk 109

CIO Business Intelligence

APRIL 29, 2022

Launching a data-first transformation means more than simply putting new hardware, software, and services into operation. True transformation can emerge only when an organization learns how to optimally acquire and act on data and use that data to architect new processes. Key features of data-first leaders.

Digital Transformation 132

Digital Transformation Strategy Data-driven Data Strategy 132

CIO Business Intelligence

JUNE 5, 2024

Close behind: data analytics and business intelligence projects as well as cybersecurity. It’s difficult to bolt on that ability to deliver data to the AI engine as well as receive instructions from it, Mandell says.

IT 111

IT Digital Transformation Risk Management Data-driven 111

CIO Business Intelligence

MAY 24, 2024

The added demand for remote access to corporate applications driven by business continuity, customer reach, and newfound employee satisfaction comes with a heightened concern over data security. Most vendor offerings typically seek to address siloed segments, such as network or endpoint security, identity, or data security.

Risk Management 95

Risk Management Data-driven Risk Software 95

erwin

JUNE 14, 2019

As technology continues to disrupt markets, digital transformation is do or die. The inherently competitive nature of retail has made the sector a leader in adopting data-driven strategy. Four main areas in retail demonstrate digital transformation, with a healthy data governance initiative driving them all.

Digital Transformation 111

Digital Transformation Data Governance Risk Data-driven 111

Cloudera

AUGUST 25, 2020

Richard Harmon, Managing Director of Financial Services at Cloudera, to find out more about how the industry is adopting new technology. Thank you for joining us for part two of our discussion around data, analytics and machine learning within the Financial Service Sector Dr. Harmon.

Prescriptive Analytics 76

Prescriptive Analytics Technology Machine Learning Risk 76

CIO Business Intelligence

AUGUST 28, 2024

In today’s digital landscape, safeguarding sensitive information has become a top priority, especially for media publishing companies where the protection of data and intellectual property is crucial. In Cybersecurity, threat detection, response, awareness and education is AI-driven and increasing at a high pace.

Publishing 119

Publishing Risk Data-driven Digital Transformation 119

erwin

AUGUST 20, 2020

It provides a visual blueprint, demonstrating the connection between applications, technologies and data to the business functions they support. And thanks to data –our need to store and process it, and the insights it provides – such change is happening faster than ever. Data Governance. Big Data Adoption.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

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.

Key Performance Indicator 111

Key Performance Indicator Metadata Data Governance Data Quality 111