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

CIO Business Intelligence

JULY 23, 2023

When respondents were asked what modernization imperatives are causing them to lose sleep at night, the need to improve overall IT performance (60%) topped the list, followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%). Recently, Rocket Software surveyed 275 U.S.-based

Optimization 95

Optimization IT Digital Transformation Uncertainty 95

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 98

Risk IT Management Risk Management 98

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 99

Risk Optimization Management Insurance 99

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 IoT 132

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

NOVEMBER 13, 2024

The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process. The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process. Generally, there’s optimism and a positive mindset when heading into AI.”

IT 138

IT Consulting ROI Cost-Benefit 138

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

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 122

IT Insurance Consulting Risk 122

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

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

IBM Big Data Hub

JANUARY 25, 2024

Many asset-intensive businesses are prioritizing inventory optimization due to the pressures of complying with growing industry 4.0 When assets lack criticality and priority assignments, there is a risk of accumulating unnecessary parts that might become obsolete on the shelves. Now, consider the just-in-case approach.

Optimization 73

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 73

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

David Menninger's Analyst Perspectives

OCTOBER 30, 2024

This helps them maintain optimal inventory levels, reducing costs as well as the risk of overstocking or stockouts. Oracle announced significant updates to its Fusion Cloud Supply Chain & Manufacturing (SCM) software at the recently held Oracle Cloud World. It can do this across an array of applications and data sources.

Management 130

Management IT Sales Manufacturing 130

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 115

Risk Risk Management Strategy Enterprise 115

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

CIO Business Intelligence

JANUARY 24, 2024

The product — a building or bridge — might be physical but it can be represented digitally, through virtual design and construction, she says, with elements of automation that can optimize and streamline entire business processes for how physical products are delivered to clients. People build buildings.”

Risk Management 118

Risk Management Risk Management Digital Transformation 118

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 Software 143

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 117

Optimization Testing Data-driven Strategy 117

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

Smart Data Collective

FEBRUARY 23, 2023

By analyzing data and extracting useful insights, brands can make informed decisions to optimize their branding strategies. This article will explore data mining and how it can help online brands with brand optimization. Predicting Customer Churn Data mining can be used to predict which customers are at risk of leaving a brand.

Data mining 127

Data mining Optimization Technology Marketing 127

John Wheeler

NOVEMBER 24, 2020

However, for security and risk management professionals it can make a huge difference. Take for example the terms cyber risk, digital risk and the digitalization of risk management. Viewed together, the three terms represent key aspects of integrated risk management (IRM). For Shakespeare’s Juliet, not much.

Risk Management 85

Risk Management Risk Management Technology 85

Smart Data Collective

FEBRUARY 28, 2023

One of the most important changes pertains to risk parity management. We are going to provide some insights on the benefits of using machine learning for risk parity analysis. However, before we get started, we will provide an overview of the concept of risk parity. What is risk parity? What is risk parity?

Machine Learning 90

Machine Learning Risk Cost-Benefit Marketing 90

IBM Big Data Hub

MARCH 6, 2024

The hybrid model allows organizations to gradually transition to the cloud, managing risks associated with a complete migration while benefiting from cloud scalability and flexibility. Re-platforming With a re-platforming migration, some adjustments or optimizations are made to the applications before moving them to the cloud.

Optimization 73

Optimization Strategy Cost-Benefit Testing 73

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

Cloudera

JUNE 29, 2023

To ensure the stability of the US financial system, the implementation of advanced liquidity risk models and stress testing using (MI/AI) could potentially serve as a protective measure. To improve the way they model and manage risk, institutions must modernize their data management and data governance practices.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

CIO Business Intelligence

OCTOBER 2, 2023

Noting potential pitfalls and best practices for an easy certification can help mitigate risk, maximize return on investment, and save money. With tight IT budgets getting tighter, many Oracle licensees with Unlimited Licensing Agreements (ULAs) are tempted to consider an exit plan to avoid the pinch of rising support costs.

ROI 104

ROI Optimization Enterprise Modeling 104

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 133

Strategy Gap analysis IT Consulting 133

Cloudera

DECEMBER 19, 2023

There, I met with IT leaders across multiple lines of business and agencies in the US Federal government focused on optimizing the value of AI in the public sector. AI can optimize citizen-centric service delivery by predicting demand and customizing service delivery, resulting in reduced costs and improved outcomes.

Optimization 90

Optimization Cost-Benefit Unstructured Data Risk 90

AWS Big Data

MARCH 28, 2024

To optimize the reconciliation process, these users require high performance transformation with the ability to scale on demand, as well as the ability to process variable file sizes ranging from as low as a few MBs to more than 100 GB. Architecture before migration The following diagram illustrates our previous architecture.

Optimization 88

Optimization IT Big Data Data Processing 88

CIO Business Intelligence

SEPTEMBER 5, 2024

Using modern delivery practices, CIOs can optimize cloud operations with greater visibility into risk controls and vulnerabilities to encourage proactivity in addressing risks and defects, with a focus on value instead of capabilities. So why the disconnect? This often took both budget and control away from CIOs.

ROI 126

ROI IT Risk Strategy 126

O'Reilly on Data

NOVEMBER 13, 2018

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Models will need to be customized (for specific locations, cultural settings, domains, and applications).

Machine Learning 225

Machine Learning Risk Management Statistics 225

O'Reilly on Data

MARCH 23, 2023

What is it, how does it work, what can it do, and what are the risks of using it? Many of these go slightly (but not very far) beyond your initial expectations: you can ask it to generate a list of terms for search engine optimization, you can ask it to generate a reading list on topics that you’re interested in. It’s much more.

IT 267

IT Modeling Testing Risk 267

CIO Business Intelligence

JUNE 23, 2023

Respondents were asked about their current IT stressors, their approach to modernizing their IT infrastructure, and how they plan to become more efficient and optimized in the years ahead. It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience.

IT 98

IT Risk Management Risk Optimization 98

IBM Big Data Hub

NOVEMBER 6, 2023

It’s at these endpoints that company and user data is vulnerable to various types of attacks and security risks, including: Authentication-based attacks : where hackers try to guess or steal user passwords or exploit weak authentication processes to gain access to API servers. Web application firewalls (WAFs). Data validation.

Optimization 113

Optimization Testing Software Risk 113

CIO Business Intelligence

SEPTEMBER 23, 2022

At the foundation of cybersecurity is the need to understand your risks and how to minimize them. Individuals and organizations often think about risk in terms of what they’re trying to protect. When talking about risk in the IT world, we mainly talk about data, with terms like data privacy, data leakage and data loss.

Risk Management 96

Risk Management Risk Strategy Management 96

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 118

Optimization Statistics Metadata Data Lake 118