CIO Business Intelligence

NOVEMBER 21, 2024

To ensure every IT initiative directly contributes to measurable business outcomes, CIOs must move from operational managers to strategic partners, collaborating with business leaders to align IT decisions with enterprise goals. Understanding the competitive landscape is also essential.

Strategy 102

Strategy IT Business Objectives Cost-Benefit 102

CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It They also had extreme measurement sensitivity.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

OCTOBER 24, 2024

AI projects without clear goals or measurable outcomes are unlikely to deliver real value. The long-term impact is even more worrying — companies risk falling behind competitors who are implementing AI strategically. As organizations rush to spin up AI projects, many IT professionals aren’t sold on the value of these early efforts.

IT 138

IT Experimentation Measurement Risk 138

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. Enter the need for competent governance, risk and compliance (GRC) professionals. Why are GRC certifications important? Is GRC certification worth it?

Risk 119

Risk Risk Management Management Enterprise 119

CIO Business Intelligence

OCTOBER 29, 2024

Kar advises taking a measured approach to system modernization. Leaders who adopt a crawl-walk-run approach, with thoughtful risk-taking and a strategic focus on actions and results, maximize the business value from IT modernization.” Technology continues to advance at a furious pace. Here are seven signs it may be time to modernize.

IT 138

IT Cost-Benefit Strategy Risk 138

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. million machines worldwide, serves as a stark reminder of these risks.

Risk 92

Risk Experimentation Testing Strategy 92

CIO Business Intelligence

AUGUST 7, 2023

Organizations big and small, across every industry, need to manage IT risk. based IT directors and vice presidents in companies with more than 1,000 employees to determine what keeps them up at night—and it comes as no surprise that one of their biggest nightmares is managing IT risk. trillion annually by 2025.

Risk 97

Risk IT Management Risk Management 97

Smart Data Collective

MARCH 27, 2020

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. Traditional data, like demographics, continues to be a factor in risk assessment. Teens and young adults are less experienced drivers and, therefore, at risk for more car accidents. Demographics. This includes: Age.

Insurance 107

Insurance Measurement Risk Cost-Benefit 107

CIO Business Intelligence

AUGUST 13, 2024

As with any new technology, however, security must be designed into the adoption of AI in order to minimize potential risks. How can you close security gaps related to the surge in AI apps in order to balance both the benefits and risks of AI? The need for robust security measures is underscored by several key factors.

Risk 115

Risk Cost-Benefit Enterprise Modeling 115

CIO Business Intelligence

OCTOBER 4, 2024

This will help to not only mitigate immediate risks, but strengthen long-term resilience. It may happen that sensitive information is affected in this process, so it’s crucial that client companies agree on measures to protect these assets during the execution of the contract. “If

IT 116

IT Measurement Risk Strategy 116

CIO Business Intelligence

NOVEMBER 12, 2024

Transformational CIOs recognize the importance of IT culture in delivering innovation, accelerating business impacts, and reducing operational and security risks. Measure the impact of software developers by how teams meet release commitments, promote design peer reviews, and demonstrate the impacts of experimentation.

IT 135

IT Digital Transformation Management Experimentation 135

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. A recent panel on the role of AI and analytics in risk management explored this transformational technology, focusing on how organizations can harness these tools for a more resilient future.

Risk Management 59

Risk Management Risk Management Data-driven 59

CIO Business Intelligence

NOVEMBER 19, 2024

Most IT and business executives recognize the necessity of close alignment. They understand that their strategies, capabilities, resources, and management systems should be configured to support the enterprise’s overarching purpose and goals. Is your IT organization doing all it can to build strong alignment with business leaders and colleagues?

IT 126

IT Strategy Consulting Business Objectives 126

datapine

MAY 31, 2022

Everywhere you turn these days, “the cloud” is being talked about. It’s a hot topic, and as technologies continue to evolve at a rapid pace, the scope of the cloud continues to expand. Yes, this ambiguous term seems to encompass almost everything about us. The capabilities and breadth of the cloud are enormous.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

JULY 25, 2024

IT managers are often responsible for not just overseeing an organization’s IT infrastructure but its IT teams as well. To succeed, you need to understand the fundamentals of security, data storage, hardware, software, networking, and IT management frameworks — and how they all work together to deliver business value.

IT 131

IT Management Risk Risk Management 131

CIO Business Intelligence

FEBRUARY 20, 2024

The risks and opportunities of AI AI is opening a new front in this cyberwar. These measures mandate that healthcare organisations adequately protect patient data, and that notification must be given in the event of a data breach. The healthcare sector is far and away the number one target for cybercriminals.

Risk 112

Risk Insurance Measurement Strategy 112

CIO Business Intelligence

MARCH 19, 2024

Ask your average schmo what the biggest risks of artificial intelligence are, and their answers will likely include: (1) AI will make us humans obsolete; (2) Skynet will become real, making us humans extinct; and maybe (3) deepfake authoring tools will be used by bad people to do bad things. Risks perceived by an average schmo 1.

Risk 122

Risk Machine Learning Risk Management Measurement 122

CIO Business Intelligence

OCTOBER 24, 2023

But adding these new capabilities to your tech stack comes with a host of security risks. For executives and decision-makers, understanding these risks is crucial to safeguarding your business. How should businesses mitigate the risks? Government and regulatory bodies also have a role to play in managing these risks.

Risk 120

Risk Recreation/Entertainment Data Collection Data Processing 120

CIO Business Intelligence

OCTOBER 8, 2024

You risk adding to the hype where there will be no observable value. Whatever it is, it will steal everyone’s job. There is no way it will ever be secure. There is a race to be the first to expose your leveraging of it. Nobody knows what it is, what it really does, and you must become an expert in short order. But is this really wise?

Risk 122

Risk Technology Cost-Benefit Internet of Things 122

CIO Business Intelligence

SEPTEMBER 24, 2024

Organizationally, Wiedenbeck is a member of Ameritas’ AI steering committee, called the “mission team,” which includes the legal and risk officers, along with the CIO. Although AI itself is not new, putting a single individual in charge of it is a novel approach that is becoming mainstream.

IT 124

IT Insurance Cost-Benefit Risk 124

CIO Business Intelligence

MAY 23, 2024

There is measurable progress, however, as data from the company’s connected products are collected in its own platform, where customers have access to information via a portal. “In Everything from simple translation services to more advanced solutions for creating product catalogues or risk analyses,” says Nilsson.

Digital Transformation 109

Digital Transformation Measurement Cost-Benefit Data Warehouse 109

CIO Business Intelligence

OCTOBER 23, 2024

If you have modest AI ambitions, in an industry that isn’t being remastered by AI yet, you can afford to go at a more measured pace. In fact, Gartner believes that cost is as big an AI risk as security or hallucinations. This is an AI-steady pace. This is an AI-accelerated pace. Some employees may feel a strong affinity for AI.

Enterprise 134

Enterprise IT Cost-Benefit Measurement 134

CIO Business Intelligence

NOVEMBER 13, 2024

Managers tend to incentivize activity metrics and measure inputs versus outputs,” she adds. JP Morgan Chase president Daniel Pinto says the bank expects to see up to $2 billion in value from its AI use cases, up from a $1.5 billion estimate in May. The use of its API has also doubled since ChatGPT-4o mini was released in July.

IT 138

IT Consulting ROI Cost-Benefit 138

Smart Data Collective

MAY 4, 2023

Unfortunately, as the world becomes more and more digital, cybersecurity risks are growing at a rapid pace. As a small business owner, this means that you and your business could be at risk of being attacked this very second. Thankfully, becoming aware of the risks out there can help you safeguard your business and mitigate your risks.

Risk 110

Risk Strategy Measurement Software 110

CIO Business Intelligence

JANUARY 3, 2024

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. Entire businesses have been built on top of OpenAI and its APIs. Beyond that, most vendors are still falling short.

Risk 130

Risk Modeling Enterprise Marketing 130

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 109

Digital Transformation Risk Testing Strategy 109

Analytics Vidhya

DECEMBER 20, 2023

This comprehensive strategy mainly aims to measure and forecast potential risks associated with AI development. OpenAI, the renowned artificial intelligence research organization, has recently announced the adoption of its new preparedness framework.

Forecasting 336

Forecasting Measurement Strategy Risk 336

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. What is GRC?

Risk 110

Risk Risk Management Strategy Enterprise 110

O'Reilly on Data

OCTOBER 30, 2023

These should not be a random grab-bag of measures thought up by outside regulators or advocates, but disclosures of the actual measurements and methods that the companies use to manage their AI systems. Methods by which the AI provider manages and mitigates risks identified via Red Teaming, including their effectiveness.

Measurement 302

Measurement Risk Metrics Modeling 302

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 76

Risk Management Risk Management Measurement 76

CIO Business Intelligence

OCTOBER 15, 2024

In today’s rapidly evolving technological landscape, the role of the CIO has transcended simply managing IT infrastructure to becoming a pivotal player in enabling business strategy. This article delves into the six steps of delivering a successful IT strategy. This involves analyzing the organization’s long-term vision, mission, and goals.

Strategy 132

Strategy Gap analysis IT Consulting 132

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

AUGUST 20, 2024

CIOs have a new opportunity to communicate a gen AI vision for using copilots and improve their collaborative cultures to help accelerate AI adoption while avoiding risks. They must define target outcomes, experiment with many solutions, capture feedback, and seek optimal paths to delivering multiple objectives while minimizing risks.

IT 140

IT Digital Transformation Experimentation Risk 140

CIO Business Intelligence

SEPTEMBER 26, 2023

Management rules typically exist to enable faultless decision-making, set a foundation for consistent operation, and provide protection from risk, observes Ola Chowning, a partner at global technology research and advisory firm ISG. Breaking a rule often happens after the CIO weighs the risk of removing or retaining a mandate,” she notes.

IT 141

IT Risk Cost-Benefit Consulting 141

CIO Business Intelligence

SEPTEMBER 6, 2023

The discussions address changing regulatory and compliance requirements, and reveal vulnerabilities and threats for risk mitigation.” Ongoing IT security strategy conversations should address the organization’s cyber risk and arrive at strategic objectives, Albrecht says. Are our systems adequately modernized for security?

IT 142

IT ROI Risk Strategy 142

CIO Business Intelligence

OCTOBER 13, 2022

Knowing your risk level as you navigate a large venue can help you avoid crowds and stay safely within your bubble – all of which empowers you to enjoy the experience all the more. Live at Eurovision: a Bluetooth App to Navigate Covid Risk. A New Normal: Bubble-Up for Safety at Live Events with Flockey. So, how does it work?

Risk 97

Risk Broadcasting Recreation/Entertainment Dashboards 97

TDAN

NOVEMBER 6, 2024

The risk and promise of AI are high in equal measure, and it’s up to AI-using enterprises to leverage this revolutionary technology sensibly […] The rapid adoption of artificial intelligence (AI) in data archiving for IT operations has transformed how organizations manage vast amounts of information.

IT 52

IT Measurement Risk Enterprise 52