CIO Business Intelligence

SEPTEMBER 26, 2024

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This must change, and quickly.

Risk 132

Risk Reporting Digital Transformation Enterprise 132

CIO Business Intelligence

SEPTEMBER 17, 2022

More than 70% of US legal departments across enterprises spanning various industry sectors have not made any investment towards digital transformation in the last two years, according to a joint report from The Association of Corporate Counsel (ACC) and legal-technology company Disco.

Digital Transformation 105

Digital Transformation Reporting Cost-Benefit Management 105

CIO Business Intelligence

JANUARY 6, 2025

One of them is Katherine Wetmur, CIO for cyber, data, risk, and resilience at Morgan Stanley. Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space.

IT 140

IT Cost-Benefit Measurement Experimentation 140

CIO Business Intelligence

MARCH 8, 2023

Fundamentally, if customers find it too difficult to engage digitally with your business, they’ll engage elsewhere. Digital transformation: The implications for network operations Meeting heightened customer expectations is basically what digital transformation is all about. Digital Transformation

Digital Transformation 98

Digital Transformation Cost-Benefit Data-driven Reporting 98

CIO Business Intelligence

NOVEMBER 14, 2024

Migration to the cloud, data valorization, and development of e-commerce are areas where rubber sole manufacturer Vibram has transformed its business as it opens up to new markets. It’s a change fundamentally based on digital capabilities.

ROI 119

ROI B2B Business Objectives Digital Transformation 119

CIO Business Intelligence

JULY 18, 2024

This presents a serious gap in overall capabilities when it comes to ensuring organizations are adequately equipped to manage security operations, particularly within a mainframe setting. What steps can be taken to minimize the risk of hackers penetrating the mainframe? Mainframes are under more pressure than ever before.

Risk 124

Risk Software Insurance Cost-Benefit 124

CIO Business Intelligence

JANUARY 21, 2025

These AI-powered cyber-attacks are no longer a potential threattheyre a very real and present danger. Theres also the risk of over-reliance on the new systems. The key with AI will be striking the right balanceleveraging its strengths while mitigating the risks and limitations.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

CIO Business Intelligence

JANUARY 24, 2024

Karen Higgins-Carter, previously CIO of Webster Bank, joined Gilbane just over a year ago as CDIO with the responsibility of digitally transforming this 153-year-old business. We’re in an industry that is ripe for transformation,” says Higgins-Carter, pictured above, center. Hire the right architects.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

NOVEMBER 12, 2024

We know with the benefit of hindsight that under-investing in digital transformation meant leaving money on the table. The risk is exemplified by the case of an executive canceling Microsoft Copilot subscriptions supposedly because “he compared the slide-generation capability of Microsoft’s AI tools to ‘middle school presentations.’”

ROI 72

ROI Metrics Uncertainty Testing 72

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. million machines worldwide, serves as a stark reminder of these risks. Assume unknown unknowns.

Risk 108

Risk Experimentation Testing Strategy 108

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. Mounting technical debt and extending the life of legacy systems are key risks CIOs should be paranoid about.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

NOVEMBER 4, 2024

Organizations can maintain high-risk parts of their legacy VMware infrastructure while exploring how an alternative hypervisor can run business-critical applications and build new capabilities,” said Carter. The aim is to manage present needs and be able to enlist new capabilities to meet future demands,” Carter said.

IT 124

IT Forecasting Strategy Testing 124

CIO Business Intelligence

OCTOBER 20, 2022

Since the pandemic began, 60 million people in Southeast Asia have become digital consumers. The staggering opportunities Asia’s burgeoning digital economy presents are reason enough to spur you into rethinking the way you do business. This means one thing: digital transformation. Exposure to security risk.

Risk 105

Risk Insurance Digital Transformation Software 105

CIO Business Intelligence

JULY 4, 2023

It’s not uncommon for CIOs, CISOs, and sometimes their direct reports to be called on to participate in board meetings or to present IT strategies and plans to their boards of directors. When presenting, you’ll need to win over board members by doing your homework, communicating in business language, and practicing the presentation.

IT 135

IT Digital Transformation Risk Consulting 135

CIO Business Intelligence

MARCH 15, 2023

Keeping up–and hopefully, staying ahead–presents new challenges. In reality, generative AI presents a number of new and transformed risks to the organization. A second, more pernicious risk is the fact that ChatGPT can write malware. Such is the nature of cybersecurity risk management.

Digital Transformation 126

Digital Transformation Risk Risk Management Strategy 126

CIO Business Intelligence

APRIL 16, 2024

The implementation of digital transformation has been underway, but moving slowly for over a decade. Inherent risks with GenAI can be greatly mitigated Traditional manufacturing techniques are good at mitigating risks. However, despite the benefits of GenAI, there are some areas of risk. Data privacy and security.

Manufacturing 142

Manufacturing Digital Transformation Risk Dashboards 142

IBM Big Data Hub

OCTOBER 23, 2023

71% of executives think it’s difficult to realize the full potential of a digital transformation without having a solid hybrid cloud strategy in place. [1] There are three keys to developing a successful hybrid cloud risk management strategy : security, compliance and resiliency. But what does such a strategy entail?

Risk 84

Risk Strategy Risk Management Digital Transformation 84

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. When I came in three years ago, it was with the task of digitizing the company,” says Svevia CIO Maria Wester. “In This leads to environmental benefits and fewer transports.

Risk 98

Risk Cost-Benefit Internet of Things Digital Transformation 98

CIO Business Intelligence

AUGUST 26, 2024

Digital transformation: Our focus When I joined the Immigrant Services Society of BC (ISSofBC) as CIO, modernization was my first order of business. Thus began a digital transformation journey that has taken the better part of four years. This collaborative approach is accelerating our digital transformation journey.

Digital Transformation 124

Digital Transformation Strategy Finance Sales 124

CIO Business Intelligence

APRIL 1, 2022

Is it digital transformation (the phrase that has launched a thousand consultancies and as many failed strategies)? Digital transformation, cloud computing, 5G, metaverse… these are not strategies. A strategy for achieving digital mastery is not present in the vast majority of organizations in the world today.

Digital Transformation 145

Digital Transformation Finance Consulting Strategy 145

Rocket-Powered Data Science

OCTOBER 16, 2020

The 2020 year of the pandemic has forced organizations to speed up their digital transformation and advanced technology adoption plans, essentially compressing several years of anticipated developments into several months. In the recent 2020 RELX Emerging Tech Study , results were presented from a survey of over 1000 U.S.

Strategy 198

Strategy Insurance Snapshot Digital Transformation 198

CIO Business Intelligence

NOVEMBER 28, 2023

As more businesses push forward with digital transformation projects, cloud computing has stood out as a powerful tool capable of fueling the analytics that drive new technologies like artificial intelligence (AI) and machine learning (ML)—two capabilities that are quickly becoming a must-have in nearly every organization.

Digital Transformation 119

Digital Transformation Cost-Benefit Machine Learning Optimization 119

CIO Business Intelligence

OCTOBER 18, 2023

And for the past eight years, in an environment that’s increasingly changing and demanding, it’s been on a digital transformation journey to refine its customer service and generate proposals more adapted to its needs.

Insurance 128

Insurance Digital Transformation Interactive Sales 128

erwin

NOVEMBER 13, 2020

Digital Transformation. Data Security & Risk Management. Digital Transformation. The key driver of modern EA is the demand for digital transformation. However, digital transformation presents many challenges so it’s important not to focus on technology simply for technology’s sake.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

CIO Business Intelligence

JULY 26, 2023

Dr Setia, also the chairperson of the centre for digital transformation at the business school, teaches graduate-level courses on the leadership of digital organizations, strategic management of digital innovations, and digital transformation. marketing, finance, human resources, etc.).

Digital Transformation 98

Digital Transformation Strategy Risk Enterprise 98

CIO Business Intelligence

SEPTEMBER 23, 2024

For sectors such as industrial manufacturing and energy distribution, metering, and storage, embracing artificial intelligence (AI) and generative AI (GenAI) along with real-time data analytics, instrumentation, automation, and other advanced technologies is the key to meeting the demands of an evolving marketplace, but it’s not without risks.

Manufacturing 122

Manufacturing Internet of Things Metadata Risk 122

CIO Business Intelligence

JANUARY 13, 2023

With the acceleration of digital transformation spurred by the pandemic, larger and larger volumes of critical infrastructure and services have become increasingly connected. Digital transformation has also led to a growing convergence between OT and information technology (IT). Examples are all around us.

Digital Transformation 119

Digital Transformation Risk IoT Manufacturing 119

CIO Business Intelligence

SEPTEMBER 10, 2024

The short tenure of many CIOs and CTOs—often three to four years—can be attributed to their inability to drive digital transformation at the necessary pace or their role as scapegoats for a lack of accountability among other executives. However, its impact on culture must be carefully considered to maximize benefits and mitigate risks.

IT 122

IT Risk Risk Management Predictive Modeling 122

Timo Elliott

DECEMBER 10, 2024

The presentation offered a rare glimpse into how an agile and forward-thinking organization like WaterWipes tackled the critical issue of data governance during a time of significant digital transformation. Impact of Errors : Erroneous data posed immediate risks to operations and long-term damage to customer trust.

Management 52

Management Data Governance Consulting Risk 52

CIO Business Intelligence

OCTOBER 24, 2023

However, OT systems are present on the networks of nearly every organization, as they also include systems such as building management systems, fire control systems, physical access control mechanisms, HVAC systems, medical devices, and manufacturing equipment, to name a few. If you aren’t sure, you aren’t alone.

Risk 83

Risk Manufacturing Digital Transformation Management 83

datapine

MAY 9, 2019

Business intelligence concepts refer to the usage of digital computing technologies in the form of data warehouses, analytics and visualization with the aim of identifying and analyzing essential business-based data to generate new, actionable corporate insights. Data access, analytics, and presentation. The data warehouse.

Business Intelligence 270

Business Intelligence Dashboards Data Warehouse Sales 270

Decision Management Solutions

OCTOBER 19, 2022

Join us November 2nd for an informative session about the project and the lessons you can take away as you navigate your own digital transformation journey. Detect potential fraud and evaluate risks. 1:50 Mayflower Project Presentation. 3:00 Customer Presentation. Click here to register. 1:30 Arrival. 3:55 Wrap up.

Digital Transformation 52

Digital Transformation Sales Data Processing Consulting 52

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

Cloudera

AUGUST 3, 2021

Advanced analytics empower risk reduction . Advanced analytics and enterprise data are empowering several overarching initiatives in supply chain risk reduction – improved visibility and transparency into all aspects of the supply chain balanced with data governance and security. . Digital Transformation is not without Risk.

Analytics 111

Analytics Digital Transformation Forecasting Risk 111

CIO Business Intelligence

MARCH 25, 2022

Two years of pandemic uncertainty and escalating business risk have sharpened the focus of corporate boards on a technology trend once dismissed as just another IT buzzword. And investment in digital transformation “has increased by more than 10%” during the past two years, according to Deloitte.

Digital Transformation 115

Digital Transformation Machine Learning Uncertainty Strategy 115

Anmut

APRIL 6, 2021

Enterprise digital transformation and data. Most organisations undergoing a digital transformation understand that data is critical, but how many are actually managing data as an asset ? Your digital transformation initiatives fail. How data assets help enterprise digital transformation initiatives succeed.

Digital Transformation 52

Digital Transformation Enterprise Data Quality Data-driven 52

CIO Business Intelligence

JULY 2, 2024

CIOs face the daunting challenge of driving innovation while managing costs and ensuring practical implementation in a rapidly advancing digital landscape. This article presents essential strategies for CIOs to strike the optimal balance among innovation, value, cost, and practicality in tech investments.

Technology 111

Technology Cost-Benefit Digital Transformation Optimization 111