CIO Business Intelligence

JUNE 14, 2022

So if funding and C-suite attention aren’t enough, what then is the key to ensuring an organization’s data transformation is successful? Companies that commit to treating data as a product and to transforming their culture are the ones that succeed, says Doug Laney, innovation fellow of data and analytics strategy at West Monroe.

Data Transformation 145

Data Transformation Data-driven Data Strategy Strategy 145

IBM Big Data Hub

MAY 28, 2024

In response, many organizations are focusing more on data protection , only to find a lack of formal guidelines and advice. While every data protection strategy is unique, below are several key components and best practices to consider when building one for your organization. What is a data protection strategy?

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

Cloudera

JULY 29, 2022

Some even have too much data, so much so that the insights are obscured by the sheer volume and speed of the data coming in. All successful organizations have business strategies in place that help them achieve their objectives. These strategies are usually long-term and include plans and actions on how to reach their goals. .

Data Architecture 89

Data Architecture Data Strategy Risk Management Strategy 89

CIO Business Intelligence

APRIL 29, 2022

The data-first transformation journey can appear to be a lengthy one, but it’s possible to break it down into steps that are easier to digest and can help speed you along the pathway to achieving a modern, data-first organization. Key features of data-first leaders. 5x more likely to be highly resilient in terms of data loss.

Digital Transformation 132

Digital Transformation Data-driven Strategy Data Strategy 132

TDAN

APRIL 6, 2021

There is an ever-increasing awareness of concerns about data privacy, corporate data breaches, increasing demands for regulatory compliance. There are also emerging concerns about the ways that big data analytics potentially influence and bias automated decision-making.

Risk Management 64

Risk Management Risk Management Big Data 64

CIO Business Intelligence

JULY 5, 2024

So many vendors, applications, and use cases, and so little time, and it permeates everything from business strategy and processes, to products and services. So, to maximize the ROI of gen AI efforts and investments, it’s important to move from ad-hoc experimentation to a more purposeful strategy and systematic approach to implementation.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

SEPTEMBER 24, 2024

With generative AI requiring organizations to re-evaluate their data strategies, CDAOs and chief data officers need to step up as leaders and demonstrate business value beyond their standard data management and governance functions, Gartner advises.

Data Governance 115

Data Governance Risk Management Risk Data Quality 115

CIO Business Intelligence

DECEMBER 29, 2023

Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In CIOs will feel pressure to help develop strategies around it to stay ahead of competitors and enable their business.” Having an up-to-date data strategy is critical to the success of any CIO,” she says. “We

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

Cloudera

NOVEMBER 25, 2021

So, what are the common user cases we are seeing for enterprise data clouds? Protect: security needs including risk management, fraud detection and cybersecurity initiatives through risk modelling and analysis, regulatory compliance, and financial crime prevention. . About the author: .

Machine Learning 90

Machine Learning IoT Risk Business Objectives 90

TDAN

JANUARY 19, 2021

In October 2020, the Office of the Comptroller of the Currency (OCC) announced a $400 million civil monetary penalty against Citibank for deficiencies in enterprise-wide risk management, compliance risk management, data governance, and internal controls.

Data Governance 80

Data Governance Risk Management Risk Management 80

IBM Big Data Hub

JANUARY 19, 2023

In implementing cohesive data protection initiatives, organizations that can secure their users’ data see huge wins in brand image and customer loyalty and stand out in the marketplace. The key to differentiation comes in getting data protection right, as part of an overall data strategy.

Risk Management 60

Risk Management Risk Data Strategy Strategy 60

AWS Big Data

AUGUST 14, 2023

At the same time, unstructured approaches to data mesh management that don’t have a vision for what types of products should exist and how to ensure they are developed are at high risk of creating the same effect through simple neglect. Examples may include associated revenue, savings, or reductions in operational losses.

Management 98

Management Risk Measurement Optimization 98

AWS Big Data

JULY 16, 2024

About the Authors Clarisa Tavolieri is a Software Engineering graduate with qualifications in Business, Audit, and Strategy Consulting. With an extensive career in the financial and tech industries, she specializes in data management and has been involved in initiatives ranging from reporting to data architecture.

Insurance 130

Insurance Management Cost-Benefit Optimization 130

Cloudera

SEPTEMBER 29, 2021

As more types of data are collected and from an increasing number of sources, there is much potential to be uncovered, ranging from risk management to a more active citizenry. Governments need to ensure that a sound data strategy is at the core of their digital transformation journeys to reap its full benefits. .

Digital Transformation 83

Digital Transformation Data Governance Data-driven Machine Learning 83

Cloudera

SEPTEMBER 10, 2024

Translating AI’s Potential into Measurable Business Impact It can’t be denied that a mature enterprise data strategy generates better business outcomes in the form of revenue growth and cost savings. OCBC Bank ’s adoption of AI has effectively impacted revenue generation and better risk management.

Cost-Benefit 52

Cost-Benefit Data Architecture Metrics Measurement 52

BizAcuity

MARCH 31, 2022

AI Adoption and Data Strategy. Lack of a solid data strategy. For the first, it is in best interest to do your own research, talk to friends, professionals and approach data services companies like ours. Data strategy allows you to build a roadmap to adopt AI. (Source: PwC). Applications of AI.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

IBM Big Data Hub

MARCH 26, 2024

Maximizing value with a holistic strategy The first step in maximizing that dual value is upfront due diligence to assess the current state of reporting readiness, alignment between ESG requirements and voluntary sustainability initiatives, and consider how to drive acceleration with future-proofed solutions.

Measurement 60

Measurement Metrics Strategy Reporting 60

Alation

DECEMBER 8, 2022

But by reviewing the offerings of the leading 18 vendors, Forrester Research’s new report, The Data Governance Solutions Landscape, Q4 2022 , can help you narrow your options based on core and extended features, size, and industry focus. Data Governance: Not Just a Defensive Strategy.

Data Governance 52

Data Governance Data-driven Reporting Strategy 52

TDAN

MARCH 15, 2022

I had something else nearly ready that was expanding on the broad questions of ethics in information and data management I discussed last time, drawing on some work I’m doing with an international client and a recent roundtable discussion I had with some regulators […].

Management 125

Management Risk Management Risk Data Governance 125

Ontotext

SEPTEMBER 1, 2023

Otherwise, they are like a black box, where very little is known as to how they arrive at answers and responses and organizations can lose control of private data, GenAI pipelines can get compromised, or applications can be attacked in subtle ways by hackers.

Risk 52

Risk Modeling Data Quality Data Governance 52

TDAN

MARCH 16, 2021

Taking Stock A year ago, organisations of all sizes around the world were catapulted into a cycle of digital and data transformation that saw many industries achieve in a matter of weeks in what would otherwise have taken many years to achieve. Small businesses pivoted to doing business online in a way that they might […].

Data Transformation 98

Data Transformation Risk Management Risk Data Governance 98

TDAN

JUNE 15, 2021

We have seen an impressive amount of hype and hoopla about “data as an asset” over the past few years. And one of the side effects of the COVID-19 pandemic has been an acceleration of data transformation in organisations of all sizes. But data management teams in organisations often still struggle with how to communicate […].

Data Transformation 98

Data Transformation Management Risk Management Risk 98

TDAN

JUNE 2, 2020

As I am writing this, countries around the world are fighting a global pandemic. This is the first global pandemic of the modern information age. There have been a number of epidemics in recent years, such as Ebola, but they (thankfully) have been regional in nature. This time around, we have the power of AI, […].

Risk Management 85

Risk Management Data Quality Risk Data Strategy 85

Domino Data Lab

APRIL 3, 2019

Probably the best one-liner I’ve encountered is the analogy that: DG is to data assets as HR is to people. Also, while surveying the literature two key drivers stood out: Risk management is the thin-edge-of-the-wedge ?for So we had three tiers providing a separation of concerns: presentation, logic, data.

Machine Learning 84

Machine Learning Data Governance Metadata Data Science 84

TDAN

DECEMBER 31, 2019

If you are targeted by a criminal online, then you risk losing everything— from your essential data to your reputation. The average cost of a global data breach cost has increased in 2019 and is now $3.92 Cyber-attacks are a huge problem for today’s businesses.

Risk 69

Risk Risk Management Data Architecture Data Strategy 69

TDAN

AUGUST 1, 2023

Rural areas worldwide are disconnected in a landscape that nearly requires the internet to work or socially interact. But eventually, the entire planet will have equal, high-speed internet access. Neglecting the digital divide and broadband gap will cause cybersecurity concerns for communities entering the digital era.

Interactive 52

Interactive Risk Management Data Architecture Risk 52

TDAN

MAY 16, 2023

Cybersecurity risks in procurement can result in significant financial loss, reputational damage, and legal liability. Procurement is an essential function within any organization, involving the acquisition of goods and services necessary for business operations.

Risk 52

Risk Technology Risk Management Data Architecture 52

Smart Data Collective

SEPTEMBER 21, 2021

If you have a low average dollar per transaction metric, you may need to increase your pricing or look at sales strategies such as offering bundles and cross-selling and upselling to entice shoppers to spend more per order. It can become a vital part of your supplier risk management process. Sales Per Staff Member.

Data-driven 131

Data-driven Metrics Big Data Sales 131

CIO Business Intelligence

FEBRUARY 3, 2023

Three of the team—two cyber engineers and a risk manager—were hired directly from the University in their third years, prior to graduation. “We We work closely with the University of South Wales, National Cyber Security Academy, and support them in a number of ways,” says Hobbs.

IT 52

IT Experimentation Scorecard Digital Transformation 52

CIO Business Intelligence

FEBRUARY 14, 2025

Since data is the fuel for AI, unlocking its full potential is only possible when organizations have mastered data management. However, according to Foundry research conducted for GEP, weak internal data management capabilities were the most common challenge organizations face when preparing data for AI initiatives (45%).

Management 59

Management Unstructured Data Risk Management Risk 59

Cloudera

NOVEMBER 30, 2023

But as AI becomes increasingly intertwined with our daily lives, developing an effective strategy to regulate it while optimizing value is more critical than ever. As governments strive to advance and accelerate their missions through the use of AI solutions, they must ensure the underlying data is of high quality and trustworthy.

Risk Management 80

Risk Management Risk Strategy Measurement 80

CIO Business Intelligence

APRIL 29, 2025

For larger enterprises and data-intensive businesses, well likely see dedicated C-level DPOs with direct board reporting lines. Rather than a knight in shining armour, the DPO should be viewed as a strategic risk manager and business enabler. Thirdly, stakeholders need to engage in regulatory conversations.

Risk 69

Risk Risk Management Gap analysis Strategy 69