CIO Business Intelligence

JANUARY 15, 2025

Maintaining, updating, and patching old systems is a complex challenge that increases the risk of operational downtime and security lapse. GenAI can also harness vast datasets, insights, and documentation to provide guidance during the migration process.

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

CIO Business Intelligence

OCTOBER 17, 2024

According to the indictment, Jain’s firm provided fraudulent certification documents during contract negotiations in 2011, claiming that their Beltsville, Maryland, data center met Tier 4 standards, which require 99.995% uptime and advanced resilience features. By then, the Commission had spent $10.7 million on the contract​.

Broadcasting 122

Broadcasting Risk Reporting Measurement 122

CIO Business Intelligence

NOVEMBER 27, 2024

By eliminating time-consuming tasks such as data entry, document processing, and report generation, AI allows teams to focus on higher-value, strategic initiatives that fuel innovation. The platform also offers a deeply integrated set of security and governance technologies, ensuring comprehensive data management and reducing risk.

Data Governance 132

Data Governance Risk Insurance Metadata 132

datapine

JUNE 29, 2022

1) What Are Accounting Reports? 2) Why Do You Need Accounting Reports? 3) Types Of Accounting Reports. 4) Accounting Reports Examples. 5) The Role Of Visuals In Accountant Reports. On the basis of every company’s competent management, we can find accounting reports. What Are Accounting Reports?

Visualization 200

Visualization Reporting Cost-Benefit Snapshot 200

CIO Business Intelligence

OCTOBER 30, 2024

According to Unit 42’s 2024 Incident Response Report , the median time between compromise and exfiltration accelerated to just two days in 2024 (from nine days in 2022). Immediate access to vast security knowledge bases and quick documentation retrieval are just the beginning.

Strategy 126

Strategy Reporting Visualization Interactive 126

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. MMTech built out data schema extractors for different types of documents such as PDFs.

IT 122

IT Insurance Consulting Risk 122

O'Reilly on Data

JULY 15, 2019

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Machine learning developers are beginning to look at an even broader set of risk factors.

Machine Learning 52

Machine Learning Management Enterprise Risk Management 52

datapine

JUNE 15, 2023

Table of Contents 1) What Is A Performance Report? 2) The Importance of Performance Reports 3) Performance Report Examples 4) Performance Reporting Tips Performance reporting has been a traditional business practice for decades now. At the time, this was not an issue, as the static nature of reporting was the norm.

Reporting 207

Reporting Dashboards Cost-Benefit Sales 207

datapine

OCTOBER 14, 2020

In essence, in this post, we will explain all the details needed for dashboard reporting and creation, compare interactive vs. static reporting, and provide tips and tricks to make your business perform even better. Interactive Dashboards vs. Static Reporting. With modern reporting tools , there is no need to do so.

Dashboards 235

Dashboards Interactive Reporting KPI 235

CIO Business Intelligence

JULY 1, 2024

Shortcomings in incident reporting are leaving a dangerous gap in the regulation of AI technologies. Incident reporting can help AI researchers and developers to learn from past failures. By documenting cases where automated systems misbehave, glitch or jeopardize users, we can better discern problematic patterns and mitigate risks.

Reporting 129

Reporting Risk Management Experimentation Risk 129

CIO Business Intelligence

MARCH 5, 2025

According to a recent survey by Foundry , nearly all respondents (97%) reported that their organization is impacted by digital friction, defined as the unnecessary effort an employee must exert to use data or technology for work. This transparency and accuracy reduce human error and speed response times for maintenance workers.

Management 86

Management Data-driven Cost-Benefit Risk 86

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age. MMTech built out data schema extractors for different types of documents such as PDFs.

IT 105

IT Insurance Consulting Risk 105

O'Reilly on Data

NOVEMBER 28, 2023

As of November 2023: Two-thirds (67%) of our survey respondents report that their companies are using generative AI. Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. And only 33% report that their companies aren’t using AI at all.

Enterprise 339

Enterprise Testing Modeling Reporting 339

CIO Business Intelligence

AUGUST 21, 2024

Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” After observing this system for a few months,” he continues, “Hughes allowed the process to run automatically and report on the implemented changes. We do lose sleep on this,” he says.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

SEPTEMBER 13, 2024

And in KnowBe4’s 2024 International Healthcare Report, the global healthcare sector experienced 1,613 cyberattacks per week in the first three quarters of 2023, nearly four times the global average. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

Risk 128

Risk IT IoT Statistics 128

datapine

JANUARY 18, 2023

Table of Contents 1) What Is The Report Definition? 2) Top 14 Types Of Reports 3) What Does A Report Look Like? Businesses have been producing reports since, forever. This presents a problem for many modern organizations today as building reports can take from hours to days. What Is The Report Definition?

Reporting 201

Reporting Metrics Dashboards Visualization 201

CIO Business Intelligence

APRIL 8, 2025

Fragmented systems, inconsistent definitions, legacy infrastructure and manual workarounds introduce critical risks. The decisions you make, the strategies you implement and the growth of your organizations are all at risk if data quality is not addressed urgently. When financial data is inconsistent, reporting becomes unreliable.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

FEBRUARY 21, 2025

In a damning audit report , Grant Thornton has exposed how the project implementation turned into a cautionary tale of project mismanagement, highlighting critical failures in governance, technical oversight, and vendor management that continue to impact the councils core operations. Staff concerns were systematically downplayed or ignored.

Reporting 90

Reporting Risk Testing Risk Management 90

CIO Business Intelligence

DECEMBER 11, 2024

The proposed model illustrates the data management practice through five functional pillars: Data platform; data engineering; analytics and reporting; data science and AI; and data governance. The data platform function will set up the reporting and visualization tools, while the data engineering function will centralize the curated data.

Management 111

Management Data Governance Data Science Reporting 111

DataKitchen

NOVEMBER 5, 2024

This intermediate layer strikes a balance by refining data enough to be useful for general analytics and reporting while still retaining flexibility for further transformations in the Gold layer. At the same time, the Gold layer’s “single version of the truth” makes data accessible and reliable for reporting and analytics.

Data Quality 195

Data Quality Testing Metrics Reporting 195

datapine

APRIL 15, 2020

It’s necessary to say that these processes are recurrent and require continuous evolution of reports, online data visualization , dashboards, and new functionalities to adapt current processes and develop new ones. Working software over comprehensive documentation. Collaboratively develop reports. Finalize testing.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. From conversing on personal devices (BYODs) to sending documents to the wrong recipient, or using unsecured applications for transfers, the risk for potential leaks is high. Around 66% of all data leaks are caused by employees making mistakes with digital records.

Risk 126

Risk Management Measurement Optimization 126

CIO Business Intelligence

JULY 10, 2024

We examine the risks of rapid GenAI implementation and explain how to manage it. These examples underscore the severe risks of data spills, brand damage, and legal issues that arise from the “move fast and break things” mentality. Effective partnering requires transparency and clear documentation from vendors.

Risk 111

Risk Strategy Consulting Cost-Benefit 111

CIO Business Intelligence

JANUARY 30, 2025

particular, companies that use AI systems can share their voluntary commitments to transparency and risk control. At least half of the current AI Pact signatories (numbering more than 130) have made additional commitments, such as risk mitigation, human oversight and transparency in generative AI content.

Enterprise 128

Enterprise Risk Reporting Measurement 128

CIO Business Intelligence

DECEMBER 19, 2024

The primary goal for Eddingfield and his team was to improve change management processes and reduce the risk of failed changes by implementing collision detection and impact analysis. The insurance company decided to migrate from on-premises BMC Remedy to cloud-based BMC Helix ITSM and Discovery.

IT 98

IT Insurance Cost-Benefit Optimization 98

CIO Business Intelligence

JANUARY 3, 2024

According to G2’s latest state of software report, AI is the fastest-growing software category in G2 history. The risk of going out of business is just one of many disaster scenarios that early adopters have to grapple with. And it’s not just start-ups that can expose an enterprise to AI-related third-party risk.

Risk 131

Risk Enterprise Modeling Marketing 131

DataRobot Blog

APRIL 29, 2022

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111

Risk Modeling IT Risk Management 111

CIO Business Intelligence

MAY 15, 2024

To do this requires more widespread awareness of cyber threats and information sharing, and a newly proposed cyber incident reporting rule from the Cybersecurity and Infrastructure Security Agency (“CISA”) is intended to meet this goal. Those are just two examples of situations subject to the proposed rule.

Reporting 119

Reporting Risk Data-driven Measurement 119

CIO Business Intelligence

FEBRUARY 26, 2025

And in an October Gartner report, 33% of enterprise software applications will include agentic AI by 2033, up from less than 1% in 2024, enabling 15% of day-to-day work decisions to be made autonomously. But when an agent whose primary purpose is understanding company documents and tries to speak XML, it can make mistakes.

IT 141

IT Enterprise Interactive Data Quality 141

datapine

NOVEMBER 27, 2019

The development of business intelligence to analyze and extract value from the countless sources of data that we gather at a high scale, brought alongside a bunch of errors and low-quality reports: the disparity of data sources and data types added some more complexity to the data integration process. 3) Artificial Intelligence.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361

CIO Business Intelligence

JANUARY 30, 2024

Corporate ESG reporting is getting real for companies around the globe. Enacted and proposed regulations in the EU, US, and beyond are deepening reporting requirements in an effort to change business behavior. The foundation for ESG reporting, of course, is data. The foundation for ESG reporting, of course, is data.

Reporting 115

Reporting Data Quality Strategy Data-driven 115

O'Reilly on Data

MARCH 26, 2024

It’s ironic that, in this article, we didn’t reproduce the images from Marcus’ article because we didn’t want to risk violating copyright—a risk that Midjourney apparently ignores and perhaps a risk that even IEEE and the authors took on!) Because, in some sense, hallucination is all LLMs do. They are dream machines.

Modeling 317

Modeling Machine Learning Risk Advertising 317

O'Reilly on Data

DECEMBER 12, 2019

1] This includes C-suite executives, front-line data scientists, and risk, legal, and compliance personnel. These recommendations are based on our experience, both as a data scientist and as a lawyer, focused on managing the risks of deploying ML. Currency amounts reported in Taiwan dollars. Sensitivity analysis.

Machine Learning 276

Machine Learning Modeling Testing Risk Management 276

CIO Business Intelligence

MAY 24, 2022

Deloitte estimates that compliance costs for banks have increased by 60% since the financial crisis of 2008, and the Risk Management Association found that 50% of financial institutions spend 6 to 10% of their revenues on compliance. Streamline regulatory reporting. AI and automation can streamline this process.

Risk 145

Risk Reporting Marketing Risk Management 145

erwin

SEPTEMBER 3, 2020

It documents your data assets from end to end for business understanding and clear data lineage with traceability. Data governance and EA also provide many of the same benefits of enterprise architecture or business process modeling projects: reducing risk, optimizing operations, and increasing the use of trusted data.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

CIO Business Intelligence

SEPTEMBER 19, 2024

The United Nations’ High-Level Advisory Body on Artificial Intelligence, created last year to address AI governance issues, has made seven recommendations to address the risks with this technology in its first report, just published.

Risk 138

Risk Publishing Reporting Marketing 138

Smarten

OCTOBER 10, 2023

Choose Augmented Analytics With Customizable Reporting for Your Users! Gartner defines Data and Analytics (D&A) as, ‘…the ways organizations manage data to support all its uses, and analyze data to improve decisions, business processes and outcomes, such as discovering new business risks, challenges and opportunities.’

Reporting 69

Reporting Analytics Forecasting Data Integration 69