CIO Business Intelligence

MARCH 4, 2025

The takeaway is clear: embrace deep tech now, or risk being left behind by those who do. In finance, AI algorithms analyze customer data to upsell and cross-sell products at the right time, boosting revenue per customer. Today, that timeline is shrinking dramatically. Thats a remarkably short horizon for ROI.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

O'Reilly on Data

APRIL 22, 2020

Three months ago, Apple released a new credit card in partnership with Goldman Sachs that aimed to disrupt the highly regulated world of consumer finance. Apple is a great producer of computer hardware, while Goldman knows finance and its complex rules backwards and forwards.

Cost-Benefit 320

Cost-Benefit Finance Data-driven Strategy 320

Jet Global

MAY 15, 2020

A financial Key Performance Indicator (KPI) or metric is a quantifiable measure that a company uses to gauge its financial performance over time. The Fundamental Finance KPIs and Metrics – Cash Flow. Without enough cash on hand to support a short-term negative cash flow, external financing may be required. Current Ratio.

Metrics 98

Metrics Finance Reporting KPI 98

CIO Business Intelligence

SEPTEMBER 2, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Back-end software engineer. Data engineer.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. As demand for tech skills grows in the finance industry, certain IT jobs are becoming more sought-after than others. Back-end software engineer. Data engineer.

Finance 98

Finance IT Software Reporting 98

Jet Global

OCTOBER 8, 2020

Covid-19 has had a hugely disruptive impact on operational finance. The term ‘operational finance’ encapsulates the critical activities associated with order to cash, procure to pay, fixed assets, close, consolidation, and reporting. It also decreases the risk of errors by eliminating disjointed, manual processes.

Finance 98

Finance Reporting Forecasting Uncertainty 98

CIO Business Intelligence

NOVEMBER 13, 2024

Managers tend to incentivize activity metrics and measure inputs versus outputs,” she adds. And we’re at risk of being burned out.” Workday announced new AI agents to transform HR and finance processes, and Google issued more AI-powered advertising and marketing tools.

IT 141

IT Consulting ROI Cost-Benefit 141

Cloudera

OCTOBER 20, 2021

The EU has defined a sustainable finance framework to provide guidance and oversight in the goal of becoming the first climate-neutral continent. Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts?

Risk 80

Risk Modeling Risk Management Measurement 80

CIO Business Intelligence

MARCH 25, 2022

Policy makers around the world have been recognizing this heightened risk, which has been further amplified by the recent geopolitical tensions. The European Union (EU) has pulled together a proposal for a unified framework to regulate risk management for financial institutions. When having to manage corporate risk, simplicity is key.

Finance 98

Finance KPI Risk IoT 98

CIO Business Intelligence

DECEMBER 18, 2024

Voice deepfakes in which a real persons voice is cloned from recorded snippets of their voice are one of the biggest risks facing modern businesses and their call centers. This method of account takeover (ATO) is becoming more common as attackers attempt to bypass existing security measures.

Risk 98

Risk Reporting Machine Learning Finance 98

Jet Global

DECEMBER 21, 2020

In the more modern terminology of business, we could rephrase that to say “be careful about concentration risk.”. When an organization is too reliant on one company or market segment to drive revenue or ensure an adequate product supply, it creates concentration risk. Vendor Concentration Risk. Fourth-Party Concentration Risk.

Risk 98

Risk Sales Reporting Forecasting 98

datapine

AUGUST 19, 2020

Inventory metrics are indicators that help you monitor, measure, and assess your performance – and thus, give you some keys to optimize your processes as well as improve them. If you’re centered only on monitoring numbers, without focusing on the human aspect, you risk business bottlenecks in the long run.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

Jen Stirrup

AUGUST 14, 2019

This is particularly evidence in relationships between Finance and IT. IT and Finance concepts are difficult for non-specialists to understand, and messages may not be received as they were intended when working across different teams. However, the quantity of communication does not always reflect the quality of communication.

Business Intelligence 96

Business Intelligence Finance IT Cost-Benefit 96

datapine

OCTOBER 21, 2020

If you put on too many workers, you run the risk of having unnecessary labor costs add up. For example, if a patient’s blood pressure increases alarmingly, the system will send an alert in real-time to the doctor who will then take action to reach the patient and administer measures to lower the pressure. on a permanent basis.

Big Data 364

Big Data Data Analytics Analytics Cost-Benefit 364

datapine

AUGUST 12, 2020

This first example focuses on one of the most important and data-driven department of any company: finance. The importance of this finance dashboard lays within the fact that every finance manager can easily track and measure the whole financial overview of a specific company while gaining insights into the most valuable KPIs and metrics.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

Cloudera

JUNE 12, 2024

Traditional machine learning (ML) models enhance risk management, credit scoring, anti-money laundering efforts and process automation. Some of the biggest and well-known financial institutions are already realizing value from AI and GenAI: JPMorgan Chase uses AI for personalized virtual assistants and ML models for risk management.

Finance 77

Finance Risk Management Risk Data-driven 77

CIO Business Intelligence

SEPTEMBER 5, 2024

The country’s Industry and Science Minister, Ed Husic, on Thursday, introduced ten voluntary AI guidelines and launched a month-long consultation to assess whether these measures should be made mandatory in high-risk areas.

Consulting 124

Consulting Risk Measurement Finance 124

datapine

OCTOBER 7, 2020

What gets measured gets done.” – Peter Drucker. By setting operational performance measures, you will know what is happening at every stage of your business. Every business needs to focus on finances, and by doing so, you will have the opportunity to keep your cash flow steady and sustainable. Who will measure it?

KPI 269

KPI Metrics Sales Visualization 269

CIO Business Intelligence

APRIL 29, 2024

If you are a CIO or CISO and haven’t yet read this article – Finance worker pays out $25 million after video call with deepfake ‘chief financial officer,’ you should and then share it with your entire company. The digital impostors mimicked the finance worker’s actual team with disturbing accuracy. What happens then?

Finance 122

Finance Recreation/Entertainment Measurement Risk 122

Smart Data Collective

JANUARY 12, 2022

Data analytics has arguably become the biggest gamechanger in the field of finance. Personal finance mistakes and issues often happen to businesses and business owners. Good finance habits set entrepreneurs up for success by letting them focus on the growth of their companies. Fraud risks. billion in the next two years.

Data Analytics 131

Data Analytics Analytics Finance Data mining 131

CIO Business Intelligence

MARCH 19, 2025

Additionally, Deloittes ESG Trends Report highlights fragmented ESG data, inconsistent reporting frameworks and difficulties in measuring sustainability ROI as primary challenges preventing organizations from fully leveraging their data for ESG initiatives.

IT 59

IT Data Governance Data-driven Metrics 59

O'Reilly on Data

MAY 14, 2020

In addition, the Research PM defines and measures the lifecycle of each research product that they support. Lack of a specific role definition doesn’t prevent success, but it does introduce the risk that technical debt will accumulate as the business scales.

Management 364

Management Experimentation B2B Machine Learning 364

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR. Citations. [1]

Risk 99

Risk Marketing Risk Management Data-driven 99

CIO Business Intelligence

AUGUST 16, 2023

We put sensors in the vessels, and with the measurement data we receive, we can see how full they are and plan the routes accordingly,” says Andreas Bäckström, a business developer at Division Drift. Digital alerts Another project deals with slow-moving vehicles, something that increases the risk of accidents on the roads.

Risk 98

Risk Cost-Benefit Internet of Things Digital Transformation 98

IBM Big Data Hub

DECEMBER 8, 2023

.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 67

Risk Strategy Risk Management Insurance 67

CIO Business Intelligence

MAY 29, 2024

As Eli Lambert, Managing Director of Accenture’s Global IT Finance Platforms, noted, “a significant challenge for a large IT enterprise is keeping up with the speed of business and ahead of technology change. Accenture needed a more agile, scalable, and innovative platform to support its dynamic and diverse business needs.

Cost-Benefit 126

Cost-Benefit Finance Strategy Risk 126

datapine

FEBRUARY 18, 2020

If the finance department raises an alarm, everyone must carefully listen because it concerns the most crucial information and can lead to serious damages if ignored. That said, when it comes to digesting and taking action upon vital financial metrics and insights, well-designed finance graphs and charts offer the best solution.

Visualization 201

Visualization Metrics Dashboards Finance 201

datapine

FEBRUARY 14, 2021

The shorter the conversion cycle the better, and this invaluable supply chain metric will help you take the right measures to ensure that you can run your business with less money tied up in operations. The days sales outstanding (DSO) KPI measures how swiftly you are able to collect or generate revenue from your customers.

Metrics 260

Metrics KPI Dashboards Sales 260

CIO Business Intelligence

AUGUST 6, 2024

This article explores the lessons businesses can learn from the CrowdStrike outage and underscores the importance of proactive measures like performing a business impact assessment (BIA) to safeguard operations against similar disruptions. This helps mitigate risks and ensures accountability.

Risk Management 111

Risk Management Risk Testing Finance 111

datapine

SEPTEMBER 29, 2022

5) How Do You Measure Data Quality? In this article, we will detail everything which is at stake when we talk about DQM: why it is essential, how to measure data quality, the pillars of good quality management, and some data quality control techniques. How Do You Measure Data Quality? Table of Contents. 2) Why Do You Need DQM?

Data Quality 241

Data Quality Metrics Data-driven Management 241

CIO Business Intelligence

AUGUST 15, 2024

As organisations adjust to managing remote and hybrid teams, supporting digital transformation, and navigating an uncertain and volatile global economy, they face an ever-expanding landscape of vulnerabilities and increasing risk. Home printers pose an additional risk, particularly those that were purchased by employees.

Risk 111

Risk Digital Transformation Marketing Finance 111

datapine

JANUARY 24, 2021

Once you have your data analytics questions, you need to have some standard KPIs that you can use to measure them. OK – so far, you’ve picked out some data analysis questions, and you’ve found KPIs to measure them. Be open-minded about your data sources in this step – all departments in your company, sales, finance, IT, etc.,

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

OCTOBER 4, 2024

Emerging companies such as Olive AI, developer of an administrative task automation system for health centers, or Plastiq, an online payment platform, obtained important rounds of financing, only then to declare bankruptcy. This will help to not only mitigate immediate risks, but strengthen long-term resilience.

IT 122

IT Measurement Risk Strategy 122

CIO Business Intelligence

JUNE 30, 2023

How well the CIO understands finance : “The CIO should run IT like a business within a business,” says McGittigan. They also know the potential risks. There’s an opportunity for the CIO to educate the CFO by explaining the change part in the same terms as the run part, but the average CIO lacks a sufficient understanding of finance.”

Finance 116

Finance Cost-Benefit Digital Transformation Reporting 116

CIO Business Intelligence

JUNE 13, 2024

Over the past year, generative AI – artificial intelligence that creates text, audio, and images – has moved from the “interesting concept” stage to the deployment stage for retail, healthcare, finance, and other industries. Ryan O’Leary: “The big ethical challenges are the risks of misinformation, biases, and potential privacy breaches.

Forecasting 137

Forecasting Risk Machine Learning Finance 137

Smart Data Collective

SEPTEMBER 30, 2022

While “the dark side” of anything certainly has a sinister ring to it, the many risks and dangers linked with big data are often overlooked and treated as minor issues. Breaches That Result in Obstruction of Privacy. Anonymity is Difficult to Acquire – It’s a Fugazi. appeared first on SmartData Collective.

Big Data 145

Big Data Data-driven Measurement Risk 145

BizAcuity

FEBRUARY 21, 2025

Sales operates on one system, finance on another, and operations on its own platform. Beyond Data Collection: Why Dynamics 365 Integration is Critical Most businesses today use Dynamics 365 for managing sales, finance, customer service, or operations. Because data without intelligence is just noise.

Dashboards 52

Dashboards Optimization Finance Sales 52