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. It’s a full-fledged platform … pre-engineered with the governance we needed, and cost-optimized.

IT 105

IT Insurance Consulting Risk 105

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

MARCH 25, 2025

With the Digital Agenda , the European Union is creating clear and uniform rules for the responsible use of data and artificial intelligence. In addition to the General Data Protection Regulation which went into effect in May 2018 its current focus is on the EU AI Act and the EU Data Act. Efficiency gains can be achieved by integrating tools.

IT 95

IT Key Performance Indicator Risk Reporting 95

CIO Business Intelligence

DECEMBER 3, 2024

But supporting a technology strategy that attempts to offset skills gaps by supplanting the need for those skills is also changing the fabric of IT careers — and the long-term prospects of those at risk of being automated out of work. And while AI is already developing code, it serves mostly as a productivity enhancer today, Hafez says.

IT 128

IT Testing Software Data-driven 128

CIO Business Intelligence

OCTOBER 24, 2024

From prompt injections to poisoning training data, these critical vulnerabilities are ripe for exploitation, potentially leading to increased security risks for businesses deploying GenAI. Artificial Intelligence: A turning point in cybersecurity The cyber risks introduced by AI, however, are more than just GenAI-based.

Risk 128

Risk Measurement Optimization Machine Learning 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 123

Risk Cost-Benefit Data-driven Digital Transformation 123

CIO Business Intelligence

MARCH 19, 2025

There are risks around hallucinations and bias, says Arnab Chakraborty, chief responsible AI officer at Accenture. The next evolution of AI has arrived, and its agentic. AI agents are powered by the same AI systems as chatbots, but can take independent action, collaborate to achieve bigger objectives, and take over entire business workflows.

Software 143

Software Risk Enterprise Cost-Benefit 143

CIO Business Intelligence

JULY 22, 2024

IT leader and former CIO Stanley Mwangi Chege has heard executives complain for years about cloud deployments, citing rapidly escalating costs and data privacy challenges as top reasons for their frustrations. They, too, were motivated by data privacy issues, cost considerations, compliance concerns, and latency issues.

Optimization 128

Optimization Strategy IT Cost-Benefit 128

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

JANUARY 21, 2025

CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. CIOs should consider placing these five AI bets in 2025.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

MARCH 4, 2025

The takeaway is clear: embrace deep tech now, or risk being left behind by those who do. Operational efficiency: Logistics firms employ AI route optimization, cutting fuel costs and improving delivery times. No wonder nearly every CEO is talking about AI: those who lag in AI adoption risk falling behind competitors capabilities.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

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.” According to Gartner, an agent doesn’t have to be an AI model. It can also be a software program or another computational entity — or a robot. And, yes, enterprises are already deploying them.

Risk 136

Risk Insurance Cost-Benefit Software 136

O'Reilly on Data

JUNE 15, 2023

“Mitigating the risk of extinction from A.I. should be a global priority alongside other societal-scale risks, such as pandemics and nuclear war,” according to a statement signed by more than 350 business and technical leaders, including the developers of today’s most important AI platforms. We satisfice.”

Risk 325

Risk Optimization Modeling Reporting 325

CIO Business Intelligence

NOVEMBER 27, 2023

Developing and deploying successful AI can be an expensive process with a high risk of failure. Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. The possibilities are endless, but so are the pitfalls.

Risk 132

Risk Cost-Benefit Modeling Optimization 132

David Menninger's Analyst Perspectives

NOVEMBER 12, 2024

Also center stage were Infor’s advances in artificial intelligence and process mining as well as its environmental, social and governance application and supply chain optimization enhancements. Optimize workflows by redesigning processes based on data-driven insights. It also offered a chatbot that utilized Amazon Lex.

Finance 130

Finance Prescriptive Analytics Cost-Benefit Manufacturing 130

CIO Business Intelligence

FEBRUARY 26, 2025

Opkey, a startup with roots in ERP test automation, today unveiled its agentic AI-powered ERP Lifecycle Optimization Platform, saying it will simplify ERP management, reduce costs by up to 50%, and reduce testing time by as much as 85%. The problem is how you are implementing it, how you are testing it, how you are supporting it.

Optimization 64

Optimization Testing Manufacturing Finance 64

datapine

JANUARY 24, 2021

In our cutthroat digital age, the importance of setting the right data analysis questions can define the overall success of a business. That being said, it seems like we’re in the midst of a data analysis crisis. That being said, it seems like we’re in the midst of a data analysis crisis. Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

O'Reilly on Data

DECEMBER 10, 2019

At O’Reilly’s AI Conference in Beijing, Tim Kraska of MIT discussed how machine learning models have out-performed standard, well-known algorithms for database optimization, disk storage optimization, basic data structures, and even process scheduling. Machine learning raises the question of explainability.

Software 304

Software Machine Learning Risk Data-driven 304

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. The system is inconsistent, slow, hallucinatingand that amazing demo starts collecting digital dust. Whats worse: Inputs are rarely exactly the same.

Testing 174

Testing Data-driven Software Measurement 174

AWS Big Data

JANUARY 9, 2025

Iceberg offers distinct advantages through its metadata layer over Parquet, such as improved data management, performance optimization, and integration with various query engines. Also, the time travel feature can further mitigate any risks of lookahead bias. Business impact heavily relies on quality data (garbage in, garbage out).

Metadata 111

Metadata Snapshot Cost-Benefit Optimization 111

CIO Business Intelligence

OCTOBER 10, 2024

This could involve adopting cloud computing, optimizing data center energy use, or implementing AI-powered energy management tools. This includes minimizing the risks associated with AI bias, guaranteeing transparency in AI decision-making and addressing energy consumption in blockchain networks.

Metrics 124

Metrics Optimization Strategy Technology 124

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

For example, many tasks in the accounting close follow iterative paths involving multiple participants, as do supply chain management events where a delivery delay can set up a complex choreography of collaborative decision-making to deal with the delay, preferably in a relatively optimal fashion.

Optimization 130

Optimization Machine Learning Software Interactive 130

CIO Business Intelligence

MARCH 19, 2025

If sustainability-related data projects fail to demonstrate a clear financial impact, they risk being deprioritized in favor of more immediate business concerns. Without robust data infrastructure, sustainability reporting can become fragmented, leading to inefficiencies and compliance risks.

IT 59

IT Data Governance Data-driven Metrics 59

DataKitchen

MARCH 20, 2025

Every pipeline has embedded data quality tests, is version controlled, and is a sharable abstraction for the team to work within and deploy with low risk. Adding tables within an existing pipeline is manageable, posing minimal disruption. Check it out today !

Data Quality 164

Data Quality Testing Metrics Management 164

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? Enterprises can manage AI risks at every step of the journey with AI Runtime Security.

Risk 119

Risk Cost-Benefit Enterprise Modeling 119

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

JULY 2, 2024

This approach to better information can benefit IT team KPIs in most areas, ranging from e-commerce store errors to security risks to connectivity outages,” he says. This approach to better information can benefit IT team KPIs in most areas, ranging from e-commerce store errors to security risks to connectivity outages,” he says.

IT 143

IT Machine Learning Cost-Benefit Data-driven 143

CIO Business Intelligence

NOVEMBER 27, 2024

As a result, ​developers — regardless of their expertise in machine learning — will be able to develop and optimize business-ready large language models (LLMs). From customer service chatbots to marketing teams analyzing call center data, the majority of enterprises—about 90% according to recent data —have begun exploring AI.

Data Architecture 128

Data Architecture Cost-Benefit Machine Learning Experimentation 128

CIO Business Intelligence

DECEMBER 30, 2024

Key use cases include smart cities where AI will optimize energy consumption and traffic management, healthcare with AI-enhanced diagnostics and personalized treatments, and finance where AI will be pivotal in fraud detection and customer personalization. As digital transformation accelerates, so do the risks associated with cybersecurity.

IoT 105

IoT Digital Transformation Internet of Things Data-driven 105

AWS Big Data

NOVEMBER 17, 2023

Starting today, the Athena SQL engine uses a cost-based optimizer (CBO), a new feature that uses table and column statistics stored in the AWS Glue Data Catalog as part of the table’s metadata. Let’s discuss some of the cost-based optimization techniques that contributed to improved query performance.

Optimization 130

Optimization Statistics Metadata Data Lake 130

CIO Business Intelligence

JUNE 21, 2024

INE Security , a leading global cybersecurity training and cybersecurity certification provider, predicts large language model (LLM) applications like chatbots and AI-drive virtual assistants will be at particular risk. “AI Strategies to Optimize Teams for AI and Cybersecurity 1.

Optimization 122

Optimization Gap analysis Strategy Data-driven 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 130

IT Insurance Cost-Benefit Risk 130

O'Reilly on Data

APRIL 23, 2024

Why is it that Google, a company once known for its distinctive “Do no evil” guideline, is now facing the same charges of “surveillance capitalism” as Facebook, a company that never made such claims? Why is it now subject to the same kind of antitrust complaints faced by Microsoft, once the “evil empire” of the previous generation of computing?

Advertising 338

Advertising Cost-Benefit Marketing Risk 338

O'Reilly on Data

JULY 28, 2020

If you’re an AI product manager (or about to become one), that’s what you’re signing up for. Identifying the problem. The first step in building an AI solution is identifying the problem you want to solve, which includes defining the metrics that will demonstrate whether you’ve succeeded. Is it a problem that should be solved?

Marketing 364

Marketing Experimentation Metrics Testing 364

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 124

Risk Technology Cost-Benefit Internet of Things 124

CIO Business Intelligence

JULY 16, 2024

There’s no risk, because everything Recall stores is kept in local, encrypted files, not in the cloud. That is, vendors are slapping the AI label on their wares regardless of whether their wares’ capabilities warrant it, aided and abetted by the complete and utter lack of a reliable definition of AI. Concerned about privacy lapses?

IT 126

IT Risk Snapshot Management 126

AWS Big Data

OCTOBER 9, 2024

We outline cost-optimization strategies and operational best practices achieved through a strong collaboration with their DevOps teams. We also discuss a data-driven approach using a hackathon focused on cost optimization along with Apache Spark and Apache HBase configuration optimization. This sped up their need to optimize.

Optimization 128

Optimization Testing Data-driven Strategy 128