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. Indeed, more than 80% of organisations agree that scaling GenAI solutions for business growth is a crucial consideration in modernisation strategies. [2] The solutionGenAIis also the beneficiary.

Cost-Benefit 124

Cost-Benefit Data-driven Enterprise Risk 124

datapine

FEBRUARY 22, 2022

1) What Is A Business Intelligence Strategy? 2) BI Strategy Benefits. 4) How To Create A Business Intelligence Strategy. Whether you are starting from scratch, moving past spreadsheets, or looking to migrate to a new platform: you need a business intelligence strategy and roadmap in place. Table of Contents.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

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. Ensuring these elements are at the forefront of your data strategy is essential to harnessing AI’s power responsibly and sustainably.

Data Governance 132

Data Governance Risk Insurance Metadata 132

CIO Business Intelligence

NOVEMBER 11, 2024

Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. For the global risk advisor and insurance broker that includes use cases for drafting emails and documents, coding, translation, and client research.

ROI 137

ROI Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

OCTOBER 30, 2024

They are inundated by increasingly potent cyber threats, especially as threat actors are now leveraging AI to enhance their attack strategies. To combat these threats, organizations need to rethink their cybersecurity strategies. 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

OCTOBER 4, 2023

Thirty years ago, Adobe created the Portable Document Format (PDF) to facilitate sharing documents across different software applications while maintaining text and image formatting. Today, PDF is considered the de facto industry standard for documents that contain critical and sensitive business information.

Software 126

Software Strategy Sales Enterprise 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. But the CIO had several key objectives to meet before launching the transformation.

IT 105

IT Insurance Consulting Risk 105

Smart Data Collective

SEPTEMBER 7, 2021

Properly safeguard physical documents. You and your employees should treat sensitive paper documents with the same level of attention as you treat your online transactions. If the record has served its purpose in your office, keeping it around might be an unnecessary security risk. Ensure you encrypt your data.

Strategy 140

Strategy Risk Measurement IT 140

O'Reilly on Data

MARCH 25, 2025

The coordination tax: LLM outputs are often evaluated by nontechnical stakeholders (legal, brand, support) not just for functionality, but for tone, appropriateness, and risk. They used some local embeddings and played around with different chunking strategies. Wrong document retrieval : Debug chunking strategy, retrieval method.

Testing 174

Testing Data-driven Software Measurement 174

CIO Business Intelligence

JANUARY 14, 2025

Documentation and diagrams transform abstract discussions into something tangible. Technical foundation Conversation starter : Are we maintaining reliable roads and utilities, or are we risking gridlock? DevSecOps maturity Conversation starter : Are our daily operations stuck in manual processes that slow us down or expose us to risks?

Enterprise 119

Enterprise Technology Metrics Measurement 119

Smart Data Collective

JANUARY 21, 2021

Therefore, to mitigate the risk of losing essential data forever in a data breach or other crisis, every competitive firm should work on its backup strategy to keep such information safe from violation. Now let’s find out why having a working backup strategy is so important. What Are the Potential Risks for Your Business?

Strategy 141

Strategy Risk Software Enterprise 141

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.” When it comes to security, though, agentic AI is a double-edged sword with too many risks to count, he says. “We That means the projects are evaluated for the amount of risk they involve.

Risk 136

Risk Insurance Cost-Benefit Software 136

O'Reilly on Data

JULY 15, 2019

A look at how guidelines from regulated industries can help shape your ML strategy. 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 52

Machine Learning Management Enterprise Risk Management 52

CIO Business Intelligence

SEPTEMBER 13, 2024

For Kevin Torres, trying to modernize patient care while balancing considerable cybersecurity risks at MemorialCare, the integrated nonprofit health system based in Southern California, is a major challenge. 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

CIO Business Intelligence

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. While the impacts of legacy systems can be quantified, technical debt is also often embedded in subtler ways across the IT ecosystem, making it hard to account for the full list of issues and risks.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

Smart Data Collective

MAY 7, 2023

million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks. What is cyber risk?

Digital Transformation 129

Digital Transformation Risk Strategy Testing 129

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. For this reason, it’s highly important to implement the correct strategies to minimize any potential breaches. By encouraging staff to make a report if they suspect a leak or have information relating to the potential misuse of data, can also reduce the risk of leaks occurring.

Risk 126

Risk Management Measurement Optimization 126

CIO Business Intelligence

APRIL 8, 2025

Fragmented systems, inconsistent definitions, legacy infrastructure and manual workarounds introduce critical risks. I aim to outline pragmatic strategies to elevate data quality into an enterprise-wide capability. This challenge remains deceptively overlooked despite its profound impact on strategy and execution.

Data Quality 102

Data Quality Data-driven Key Performance Indicator Metadata 102

CIO Business Intelligence

AUGUST 21, 2024

million in 2024 1 – and thus take the necessary steps to reduce cyber risk. Defense in depth How the CSP attracts, trains, and retains security professionals is certainly an issue to raise when vetting providers, along with the company’s overall security strategy. Adherence to a defense-in-depth strategy should be front and center.

Strategy 124

Strategy Measurement Risk Reporting 124

CIO Business Intelligence

JULY 1, 2024

Many small business leaders are still trying to build out an artificial intelligence (AI) strategy to drive efficiencies, supercharge automation and spark creative productivity among their people. What’s clear though, is that these organisations risk being left behind if they aren’t maximising the potential of AI.

Strategy 141

Strategy Technology Optimization Reporting 141

Smart Data Collective

DECEMBER 26, 2022

Let’s get started with a comprehensive cybersecurity strategy for your small business. The first step of a well-planned cybersecurity strategy is identifying the avenues of attack in your system. Before prioritizing your threats, risks, and remedies, determine the rules and regulations that your company is obliged to follow.

Strategy 137

Strategy Testing Risk Software 137

CIO Business Intelligence

JANUARY 24, 2024

“Our analytics capabilities identify potentially unsafe conditions so we can manage projects more safely and mitigate risks.” We’re piloting a way to do automated payments to subcontractors based on work in place that’s been identified with photo and video documentation,” Higgins-Carter says. Put your data strategy in business turns.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

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

datapine

APRIL 15, 2020

When it comes to implementing and managing a successful BI strategy we have always proclaimed: start small, use the right BI tools , and involve your team. Working software over comprehensive documentation. The agile BI implementation methodology starts with light documentation: you don’t have to heavily map this out.

Business Intelligence 276

Business Intelligence Analytics Testing Dashboards 276

CIO Business Intelligence

FEBRUARY 26, 2025

But when an agent whose primary purpose is understanding company documents and tries to speak XML, it can make mistakes. If an agent needs to perform an action on an AWS instance, for example, youll actually pull in the data sources and API documentation you need, all based on the identity of the person asking for that action at runtime.

IT 141

IT Enterprise Interactive Data Quality 141

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

APRIL 30, 2025

Think summarizing, reviewing, even flagging risk across thousands of documents. Were taking a purposeful and deliberate approach to implementing AI across our organization, and this thoughtful strategy extends to agentic AI workflows, explains Akamais Prouty.

IT 139

IT Sales Cost-Benefit Data-driven 139

O'Reilly on Data

MARCH 20, 2019

Like many others, I’ve known for some time that machine learning models themselves could pose security risks. An attacker could use an adversarial example attack to grant themselves a large loan or a low insurance premium or to avoid denial of parole based on a high criminal risk score. Newer types of fair and private models (e.g.,

Modeling 278

Modeling Machine Learning Predictive Modeling Consulting 278

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

DECEMBER 11, 2024

The choice of vendors should align with the broader cloud or on-premises strategy. Similarly, there is a case for Snowflake, Cloudera or other platforms, depending on the companys overarching technology strategy. Now, mature organizations implement cybersecurity broadly using DevSecOps practices.

Management 111

Management Data Governance Data Science Reporting 111

O'Reilly on Data

NOVEMBER 28, 2023

Unexpected outcomes, security, safety, fairness and bias, and privacy are the biggest risks for which adopters are testing. And there are tools for archiving and indexing prompts for reuse, vector databases for retrieving documents that an AI can use to answer a question, and much more. Only 4% pointed to lower head counts.

Enterprise 342

Enterprise Testing Modeling Reporting 342

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. That’s where remediation strategies come in. Sensitivity analysis.

Machine Learning 282

Machine Learning Modeling Testing Risk Management 282

IBM Big Data Hub

MAY 28, 2024

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? Why it’s important for your security strategy Data powers much of the world economy—and unfortunately, cybercriminals know its value.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

AWS Big Data

OCTOBER 11, 2024

By implementing a robust snapshot strategy, you can mitigate risks associated with data loss, streamline disaster recovery processes and maintain compliance with data management best practices. Snapshots play a critical role in providing the availability, integrity and ability to recover data in OpenSearch Service domains.

Snapshot 111

Snapshot Dashboards Management Testing 111

CIO Business Intelligence

SEPTEMBER 27, 2023

“Most recently, our product teams have been piloting and successfully deploying new capabilities with gen AI in areas of content localization, content production, assessment creation, and assessment strategies, as well as within our search and recommendation engines,” says Orla Daly, CIO.

Strategy 126

Strategy Data-driven Risk Technology 126

IBM Big Data Hub

JANUARY 19, 2024

Disaster recovery strategies provide the framework for team members to get a business back up and running after an unplanned event. Worldwide, the popularity of disaster recovery strategies is understandably increasing. A disaster recovery strategy lays out how your businesses will respond to a number of unplanned incidents.

Strategy 89

Strategy Cost-Benefit Testing Risk 89

IBM Big Data Hub

NOVEMBER 30, 2023

Risks from wildfires, floods, heat, drought and wind have always been a concern, but climate change has intensified these risks, making them more frequent and unpredictable for organizations. This situation increases the need for businesses to adapt their sustainability strategies to address climate change issues.

Strategy 85

Strategy Insurance Risk Management 85