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. Model risk management. AI projects in financial services and health care.

Machine Learning 38

Machine Learning Management Enterprise Risk Management 38

CIO Business Intelligence

JULY 25, 2024

The outage put enterprises, cloud services providers, and critical infrastructure providers into precarious positions, and has drawn attention to how dominant CrowdStrike’s market share has become, commanding an estimated 24% of the endpoint detection and response (EDR) market. It also highlights the downsides of concentration risk.

Risk 144

Risk Cost-Benefit Strategy Enterprise 144

CIO Business Intelligence

SEPTEMBER 17, 2024

CIOs often have a love-hate relationship with enterprise architecture. On the one hand, enterprise architects play a key role in selecting platforms, developing technical capabilities, and driving standards.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

JANUARY 2, 2024

There are myriad systems kept on life support in every enterprise because companies delay replacing them, resulting in downtime and the continual need for time-consuming fixes, which consume resources and continue to build technical debt. Budget, Business IT Alignment, Infrastructure Management, IT Leadership, IT Strategy, Risk Management

Risk 128

Risk IT Risk Management Sales 128

CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage.

Risk 115

Risk Risk Management Strategy Enterprise 115

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

erwin

SEPTEMBER 3, 2020

Why should you integrate data governance (DG) and enterprise architecture (EA)? Two of the biggest challenges in creating a successful enterprise architecture initiative are: collecting accurate information on application ecosystems and maintaining the information as application ecosystems change. It’s time to think about EA beyond IT.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

CIO Business Intelligence

OCTOBER 30, 2024

To overcome those challenges and successfully scale AI enterprise-wide, organizations must create a modern data architecture leveraging a mix of technologies, capabilities, and approaches including data lakehouses, data fabric, and data mesh. To learn more about how enterprises can prepare their environments for AI , click here.

Enterprise 139

Enterprise Data Architecture Unstructured Data Insurance 139

Smart Data Collective

SEPTEMBER 13, 2021

Many organizations and enterprises are constantly under threat of a cyber attack. Several data security platforms and programs are also available, specifically to safeguard an enterprise’s entire network system. Loss of data can be costly for an enterprise. Remote working has also created greater data security risks.

Risk 134

Risk Strategy Enterprise Finance 134

erwin

APRIL 30, 2021

Before the COVID-19 pandemic, many enterprise architects were focused on standardization. By evaluating and deploying the right combination of cloud-based platforms and security tools, enterprise architects played a key role in keeping businesses up and running in a remote-work world. Responding to a Crisis.

Enterprise 131

Enterprise Digital Transformation Risk Management Risk 131

erwin

AUGUST 20, 2020

Enterprise architecture (EA) is a strategic planning initiative that helps align business and IT. In this post: What Is Enterprise Architecture? Why Is Enterprise Architecture Important? Why Is Enterprise Architecture Important? Benefits of Enterprise Architecture. Common Enterprise Architecture Use Cases.

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

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

OCTOBER 15, 2024

Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps. It may surprise you, but DevOps has been around for nearly two decades.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

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

erwin

NOVEMBER 13, 2020

The business challenges facing organizations today emphasize the value of enterprise architecture (EA) , so the future of EA is closer than you think. See also: What Is Enterprise Architecture? . Data Security & Risk Management. Innovation Management. Are you ready for it? Digital Transformation.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.

Risk 131

Risk Cost-Benefit Strategy Risk Management 131

CIO Business Intelligence

NOVEMBER 11, 2024

In today’s fast-paced digital environment, enterprises increasingly leverage AI and analytics to strengthen their risk management strategies. While AI offers a powerful means to anticipate and address risks, it also introduces new challenges. It’s helpful, but at the same time, it increases the risk.

Risk Management 59

Risk Management Risk Management Data-driven 59

erwin

OCTOBER 17, 2019

Architect Everything: New use cases for enterprise architecture are increasing enterprise architect’s stock in data-driven business. As enterprise architecture has evolved, so to have the use cases for enterprise architecture. Top 7 Use Cases for Enterprise Architecture. Data security/risk management.

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

However, many enterprises have existing on-premises applications that, in most cases, will not get AI-enablement from the software provider. Waiting too long to start means risking having to play catch-up. Choosing between the two may not be straightforward, and the best choice for an enterprise depends on facts and circumstances.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

CIO Business Intelligence

JANUARY 11, 2024

CIOs are under increasing pressure to deliver AI across their enterprises – a new reality that, despite the hype, requires pragmatic approaches to testing, deploying, and managing the technologies responsibly to help their organizations work faster and smarter. The top brass is paying close attention.

Enterprise 128

Enterprise Uncertainty Reporting Risk Management 128

erwin

FEBRUARY 20, 2020

Enterprise architecture (EA) and business process (BP) modeling tools are evolving at a rapid pace. Recently, Glassdoor named enterprise architecture the top tech job in the UK , indicating its increasing importance to the enterprise in the tech and data-driven world.

Enterprise 128

Enterprise Modeling Dashboards Digital Transformation 128

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 103

Risk Optimization Management Insurance 103

CIO Business Intelligence

NOVEMBER 23, 2022

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. Another main priority with EA is agility and ensuring that your EA strategy has a strong focus on agility and agile adoption.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

Cloudera

FEBRUARY 4, 2021

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform.

Risk 92

Risk Marketing Technology Management 92

CIO Business Intelligence

MAY 21, 2024

IBM has showcased its new generative AI -driven Concert offering that is designed to help enterprises monitor and manage their applications. IBM claims that Concert will initially focus on helping enterprises with use cases around security risk management, application compliance management, and certificate management.

Enterprise 110

Enterprise Management Data Lake Risk 110

CIO Business Intelligence

AUGUST 30, 2023

In my previous column in May, when I wrote about generative AI uses and the cybersecurity risks they could pose , CISOs noted that their organizations hadn’t deployed many (if any) generative AI-based solutions at scale. Today, it is, as they create a mysterious new risk and attack surface to defend against.

Enterprise 132

Enterprise Risk Measurement Software 132

CIO Business Intelligence

AUGUST 5, 2022

A vast majority of enterprises globally are overspending in the cloud, according to a new HashiCorp-Forrester report. The report showed that a majority of enterprises surveyed were already using multicloud infrastructures. Multicloud infrastructure works for most enterprises.

Reporting 124

Reporting Enterprise Cost-Benefit Digital Transformation 124

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. This requires a holistic enterprise transformation. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

erwin

OCTOBER 3, 2019

Enterprise architecture (EA) benefits modern organizations in many ways. It provides a holistic, top down view of structure and systems, making it invaluable in managing the complexities of data-driven business. Once considered solely a function of IT, enterprise architecture has historically operated from an ivory tower.

Enterprise 111

Enterprise Cost-Benefit Data-driven Risk 111

IBM Big Data Hub

OCTOBER 23, 2023

Hybrid cloud has become the new normal for enterprises in nearly all industries. Many enterprises have also deployed a hybrid multicloud environment that’s reliant on an ecosystem of different cloud service providers. The global average cost of a single data breach is USD 4.45 2] Failure to act isn’t an option.

Risk 84

Risk Strategy Risk Management Digital Transformation 84

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 98

Risk Risk Management ROI Technology 98

IBM Big Data Hub

FEBRUARY 13, 2024

The best option for an enterprise organization depends on its specific needs, resources and technical capabilities. Project management and operations : Generative AI tools can support project managers with automation within their platforms.

Enterprise 118

Enterprise Testing Modeling Data-driven 118

CIO Business Intelligence

DECEMBER 15, 2022

The company received the Asia Responsible Enterprise Awards 2022 for circular economy leadership , which recognized IVL’s successful PET Bottles Recycling to Personal Protection Equipment (PPE) Distribution project. About four years ago, IVL expanded the use of risk acceptance at its PNO facility in Texas to establish next-inspection plans.

Risk 98

Risk Digital Transformation Software ROI 98

CIO Business Intelligence

JULY 26, 2023

The complexity of today’s enterprise infrastructure environment has created demand for a great variety of dedicated point security solutions, triggering a disconcerting array of alarms and alerts that most organizations struggle to address with current access to talent and staff. involved in the risk management process.

Enterprise 98

Enterprise Risk Management Risk Manufacturing 98

CIO Business Intelligence

SEPTEMBER 10, 2024

If the CrowdStrike outage underscored anything for CIOs, it’s that modern enterprises are dependent on a growing number of interconnected systems, any one of which can cripple business operations beyond CIOs’ control. Although not implemented yet, we will be making it part of our vendor management and selection processes.

Risk Management 130

Risk Management Risk Enterprise Insurance 130