CIO Business Intelligence

JUNE 14, 2022

Of course, building a vision and culture around data that gets your company to that point is the trick. The first step, according to EY, is to adopt a visionary core data strategy. Such a strategy should connect how data will inform, support, and drive an organization’s short- and long-term strategic business plans.

Data Transformation 145

Data Transformation Data-driven Data Strategy Strategy 145

CIO Business Intelligence

SEPTEMBER 24, 2024

Chief data and analytics officers need to reinvent themselves in the age of AI or risk their responsibilities being assimilated by their organizations’ IT teams, according to a new Gartner report. While James and Gartner’s Duncan voiced concerns about the role, other data experts appear more optimistic about the future of the job.

Data Governance 115

Data Governance Risk Management Risk Data Quality 115

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

CIO Business Intelligence

JULY 5, 2024

Set your holistic gen AI strategy Defining a gen AI strategy should connect into a broader approach to AI, automation, and data management. For AI and other areas, a corporate use policy can help educate users to potential risk areas, and hence manage risk, while still encouraging innovation.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

Cloudera

JULY 29, 2022

Similarly, data should be treated as a corporate asset with a dedicated long-term strategy that lets the organization store, manage, and utilize its data effectively. Most importantly, it helps organizations control costs and reduce risks, enforcing consistent security and governance across all enterprise data assets.”.

Data Architecture 89

Data Architecture Data Strategy Risk Management Strategy 89

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

CIO Business Intelligence

APRIL 29, 2022

Data-first leaders are: 11x more likely to beat revenue goals by more than 10 percent. 5x more likely to be highly resilient in terms of data loss. 4x more likely to have high job satisfaction among both developers and data scientists. Create a CXO-driven data strategy. Prioritize your investments.

Digital Transformation 132

Digital Transformation Data-driven Strategy Data Strategy 132

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. Therefore, it is crucial […]

Risk 52

Risk Technology Risk Management Data Architecture 52

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. . The Power of Two. About the author: .

Machine Learning 90

Machine Learning IoT Risk Business Objectives 90

CIO Business Intelligence

DECEMBER 29, 2023

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. Information security and risk management are always top priorities for Fleetcor Technologies’ CIO Scott DuFour as well, and 2024 will be no different.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

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

IBM Big Data Hub

MAY 28, 2024

A good DLM process can help organize and structure critical data, particularly when organizations rely on diverse types of data storage. It can also help them reduce vulnerabilities and ensure data is efficiently managed, compliant with regulations, and not at risk of misuse or loss.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

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. When do new data products get created, and who is allowed to create them?

Management 86

Management Risk Measurement Optimization 86

Cloudera

SEPTEMBER 29, 2021

This resulted in staff spending more time on more complex tasks while also reducing human errors and security risks. Providing more value to citizens through data. 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

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

BizAcuity

MARCH 31, 2022

85% of AI (marketing) projects fail due to risk, confusion, and lack of upskilling among marketing teams.(Source: AI Adoption and Data Strategy. Lack of a solid data strategy. In order to adopt AI solutions for your business, the best way forward is to first ensure that you have a strong data strategy in place.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

AWS Big Data

JULY 16, 2024

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. She currently serves as the Global Head of Cyber Data Management at Zurich Group.

Insurance 123

Insurance Management Cost-Benefit Optimization 123

Alation

DECEMBER 8, 2022

It’s true that data governance is related to compliance and access controls, supporting privacy and protection regulations such as HIPAA, GDPR, and CCPA. Yet data governance is also vital for leveraging data to make business decisions. The Data Governance Market: Evolution and Dynamics. Data privacy and protection.

Data Governance 52

Data Governance Data-driven Reporting Strategy 52

Ontotext

SEPTEMBER 1, 2023

They run the risk of using trademarked, copyrighted, or protected data as they scour public data and can be easily exploited and manipulated to ignore previous instructions. Additionally, data is the fulcrum of AI, and the data used to train LLMs must be properly governed and controlled.

Risk 52

Risk Modeling Data Quality Data Governance 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

IBM Big Data Hub

MARCH 26, 2024

Businesses cannot prove there is no forced labor in their supply chain without working with procurement—to understand their supplier base, where they are located, and what might be high risk—let alone solution to embed proactive risk management in vendor onboarding.

Measurement 60

Measurement Metrics Strategy Reporting 60

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

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 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 Now’s the time to get in on the ground floor of how to “ leverage data as a strategic asset ” in the US.

Machine Learning 84

Machine Learning Data Governance Metadata Data Science 84

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

Smart Data Collective

SEPTEMBER 21, 2021

It can become a vital part of your supplier risk management process. Big data can be incredibly valuable for companies striving to maximize profits. Retailers, in particular, can benefit from investing in big data. The variables mentioned above should be incorporated into any retailer’s big data strategy.

Data-driven 131

Data-driven Metrics Big Data Sales 131

CIO Business Intelligence

FEBRUARY 3, 2023

Cybersecurity threats require business language lift This heightened business demand, along with the Royal moniker, does, however, come with risks. 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

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

The order, which was 111 pages in total, charts a broad path, with short-term and long-term guidance towards responsible AI practices that protect privacy, address biases, and mitigate risks for years to come.

Risk Management 80

Risk Management Risk Strategy Measurement 80