CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 137

IT Risk Cost-Benefit Risk Management 137

CIO Business Intelligence

APRIL 14, 2023

But just like other emerging technologies, it doesn’t come without significant risks and challenges. According to a recent Salesforce survey of senior IT leaders , 79% of respondents believe the technology has the potential to be a security risk, 73% are concerned it could be biased, and 59% believe its outputs are inaccurate.

Risk 122

Risk Experimentation Marketing Risk Management 122

Corinium

APRIL 25, 2019

For example, P&C insurance strives to understand its customers and households better through data, to provide better customer service and anticipate insurance needs, as well as accurately measure risks. Life insurance needs accurate data on consumer health, age and other metrics of risk. Now, there is a data risk here.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

IBM Big Data Hub

OCTOBER 4, 2022

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation. Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. Challenges around managing risk.

Metadata 97

Metadata Risk Management Risk Experimentation 97

CIO Business Intelligence

OCTOBER 3, 2024

It’s a natural fit and will be interesting to see how these ensemble AI models work and what use cases will go from experimentation to production,” says Dyer. LLMs can drive significant insights in compliance, regulatory reporting, risk management, and customer service automation in financial services.

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140

CIO Business Intelligence

JULY 2, 2024

The rapid proliferation of connected devices and increasing reliance on digital services have underscored the need for comprehensive cybersecurity measures and industry-wide standards to mitigate risks and protect users’ data privacy.

Experimentation 105

Experimentation Digital Transformation Risk Management Risk 105

CIO Business Intelligence

MARCH 5, 2024

Many other platforms, such as Coveo’s Relative Generative Answering , Quickbase AI , and LaunchDarkly’s Product Experimentation , have embedded virtual assistant capabilities but don’t brand them copilots.

Advertising 124

Advertising Cost-Benefit Experimentation Software 124

CIO Business Intelligence

OCTOBER 14, 2024

Taylor adds that functional CIOs tend to concentrate on business-as-usual facets of IT such as system and services reliability; cost reduction and improving efficiency; risk management/ensuring the security and reliability of IT systems; and ongoing support of existing technology and tracking daily metrics.

Digital Transformation 131

Digital Transformation Experimentation Cost-Benefit Risk 131

CIO Business Intelligence

NOVEMBER 4, 2024

IDC, for instance, recommends the NIST AI Risk Management Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites best practices for some aspects of AI governance in “ IDC PeerScape: Practices for Securing AI Models and Applications.”

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

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. Otherwise, the risks become too significant.

Enterprise 96

Enterprise ROI Risk Strategy 96

IBM Big Data Hub

JUNE 10, 2024

Facilitating rapid experimentation and innovation In the age of AI, rapid experimentation and innovation are essential for staying ahead of the competition. XaaS models facilitate experimentation by providing businesses with access to a wide range of AI tools, platforms and services on demand.

Experimentation 62

Experimentation Optimization Risk Management Modeling 62

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. While there remains a lot we don’t fully understand about AI, including its associated risks, there are many opportunities to take advantage of moving forward in business and life,” he says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

JULY 11, 2023

For example, a good result in a single clinical trial may be enough to consider an experimental treatment or follow-on trial but not enough to change the standard of care for all patients with a specific disease. The company must ensure that their sensitive information remains confidential and protected from potential competitors.

Modeling 95

Modeling Testing Experimentation Risk Management 95

CIO Business Intelligence

JULY 31, 2023

1 question now is to allow or not allow,” says Mir Kashifuddin, data risk and privacy leader with the professional services firm PwC US. Rapidly evolving risks Companies that have blocked the use of gen AI are finding that some workers are still testing it out. The CIO’s job is to ask questions about potential scenarios.

Strategy 98

Strategy Risk Enterprise Risk Management 98

IBM Big Data Hub

MAY 9, 2023

It is well known that Artificial Intelligence (AI) has progressed, moving past the era of experimentation to become business critical for many organizations. Challenges around managing risk and reputation Customers, employees and shareholders expect organizations to use AI responsibly, and government entities are starting to demand it.

Metadata 71

Metadata Risk Experimentation Dashboards 71

CIO Business Intelligence

DECEMBER 10, 2024

Where quantum development is, and is heading In the meantime, the United Nations designation recognizes that the current state of quantum science has reached the point where the promise of quantum technology is moving out of the experimental phase and into the realm of practical applications. It will enhance risk management.

Experimentation 91

Experimentation Technology Marketing Digital Transformation 91

IBM Big Data Hub

DECEMBER 15, 2023

When AI algorithms, pre-trained models, and data sets are available for public use and experimentation, creative AI applications emerge as a community of volunteer enthusiasts builds upon existing work and accelerates the development of practical AI solutions. Morgan’s Athena uses Python-based open-source AI to innovate risk management.

Deep Learning 64

Deep Learning Experimentation Machine Learning Risk 64

DataRobot Blog

MARCH 7, 2023

Organizations that want to prove the value of AI by developing, deploying, and managing machine learning models at scale can now do so quickly using the DataRobot AI Platform on Microsoft Azure. The DataRobot AI Platform is the next generation of AI.

Data-driven 59

Data-driven Machine Learning Experimentation Data Lake 59

Domino Data Lab

FEBRUARY 4, 2019

Spoiler alert: a research field called curiosity-driven learning is emerging at the nexis of experimental cognitive psychology and industry use cases for machine learning, particularly in gaming AI. The ability to measure results (risk-reducing evidence). Ensure a culture that supports a steady process of learning and experimentation.

Data Science 66

Data Science Experimentation Machine Learning Data-driven 66

Ontotext

JULY 6, 2023

Let’s consider an example about risk and opportunity event detection. Case studies The risk and opportunity event detection use case discussed above combines all of Ontotext’s capabilities: storing and managing large amounts of data adding meaning to it (e.g.,, The solution brings many business benefits.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

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

SEPTEMBER 10, 2024

As we navigate this terrain, it’s essential to consider the potential risks and compliance challenges alongside the opportunities for innovation. As we become increasingly reliant on AI-generated content, there’s a risk of diminishing original thought and critical thinking. But if you lead with risk, you hinder things like innovation.

IT 122

IT Risk Risk Management Predictive Modeling 122

CIO Business Intelligence

DECEMBER 6, 2023

Organizations need to have an honest look at their hygiene, priorities, and data sensitivities to ensure they’re plugging GenAI tools into the areas where they get maximum reward and minimized risk.” Assume AI is always right Impressive as they are, generative AI tools are inherently probabilistic.

IT 133

IT Risk Management Interactive Risk 133

CIO Business Intelligence

NOVEMBER 7, 2024

This team addresses potential risks, manages AI across the company, provides guidance, implements necessary training, and keeps abreast of emerging regulatory changes. This initiative offers a safe environment for learning and experimentation. Fast-forward to today, about 18 months into our journey, and we’re at phase three.

Insurance 120

Insurance Experimentation Testing Technology 120