CIO Business Intelligence

JULY 1, 2024

Shortcomings in incident reporting are leaving a dangerous gap in the regulation of AI technologies. Incident reporting can help AI researchers and developers to learn from past failures. By documenting cases where automated systems misbehave, glitch or jeopardize users, we can better discern problematic patterns and mitigate risks.

Reporting 129

Reporting Risk Management Experimentation Risk 129

Jet Global

MARCH 30, 2021

There are also ongoing changes within the international tax environment, including Pillar 1 and Pillar 2 of the OECD’s delayed Base Erosion and Profit Shifting (BEPS) 2.0 – initiative, and reporting associated with the potential impact of new tax laws based on changes in government leadership across the world. The Role of Tax Teams.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

CIO Business Intelligence

DECEMBER 10, 2024

According to AI at Wartons report on navigating gen AIs early years, 72% of enterprises predict gen AI budget growth over the next 12 months but slower increases over the next two to five years. That gives CIOs breathing room, but not unlimited tether, to prove the value of their gen AI investments.

Sales 143

Sales Metrics Data-driven Measurement 143

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. Management. The Impact of COVID-19 on Financial Services & Risk Management. PODCAST: COVID 19 | Redefining Digital Enterprises. Listening time: 12 minutes. Despite these pressing concerns, COVID-19 has accelerated digital transformation.

Risk Management 128

Risk Management Risk Enterprise Management 128

O'Reilly on Data

JULY 15, 2019

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. Image by Ben Lorica and Harish Doddi.

Machine Learning 52

Machine Learning Management Enterprise Risk Management 52

CIO Business Intelligence

MARCH 19, 2025

Limited representation of sustainability in CDO priorities A review of industry reports, surveys and conference agendas suggests that sustainability remains a niche topic within the data leadership community. Most data management conferences and forums focus on AI, governance and security, with little emphasis on ESG-related data strategies.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

AUGUST 5, 2022

A vast majority of enterprises globally are overspending in the cloud, according to a new HashiCorp-Forrester report. The report showed that a majority of enterprises surveyed were already using multicloud infrastructures. Further, the report said that 90% of respondents claimed a multicloud strategy is working for their enterprises.

Reporting 124

Reporting Enterprise Cost-Benefit Digital Transformation 124

CIO Business Intelligence

MAY 20, 2024

Tech services provider Logicalis found in its 2024 Global CIO Report that 89% of CIOs reported “actively seeking opportunities to incorporate AI capabilities into their companies,” making it the No. A mix of IT mainstays and business differentiators, these “top-of-mind” projects hint at where IT is headed in years ahead.

IT 142

IT Risk Management Machine Learning Risk 142

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 76

Risk Management Risk Management Measurement 76

CIO Business Intelligence

FEBRUARY 21, 2025

In a damning audit report , Grant Thornton has exposed how the project implementation turned into a cautionary tale of project mismanagement, highlighting critical failures in governance, technical oversight, and vendor management that continue to impact the councils core operations. Cost overruns and delays: where did it go wrong?

Reporting 90

Reporting Risk Testing Risk Management 90

O'Reilly on Data

MAY 18, 2020

To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. 1 And, of course, the risks of model decay are exacerbated in times of rapid change. Taken together, AI is a high-risk technology, perhaps akin today to commercial aviation or nuclear power. AI Is Different—Here’s Why.

Risk 364

Risk Modeling Data Processing Software 364

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

SEPTEMBER 10, 2024

Studies like Foundry’s 2024 State of the CIO report reveal a dramatic change in attitude. While this perception persists in many organizations, a shift is underway. A striking 79% of surveyed CIOs now view their role as a collaborative partner in educating and guiding CEOs and boards. My experience aligns with this trend.

IT 122

IT Risk Risk Management Predictive Modeling 122

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. Following are seven steps to guide this transformation for competitive advantage.

IT 137

IT Risk Cost-Benefit Data Science 137

bridgei2i

NOVEMBER 20, 2020

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

Risk Management 92

Risk Management Risk Management Metrics 92

FineReport

FEBRUARY 17, 2021

What is Project Management Report? A project management report is a high-level overview of the current status of a project. Why is project management report critical? Depending on the project’s size and complexity, the project management reporting content and frequency may vary.

Reporting 98

Reporting Management Dashboards Risk 98

DataRobot Blog

APRIL 29, 2022

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. What is a model?

Risk 111

Risk Modeling IT Risk Management 111

CIO Business Intelligence

MAY 26, 2023

The overall perceived value of IT certifications is shifting, according to the 2023 Tech Salary Trends report from Dice. The overall perceived value of IT certifications is shifting, according to the 2023 Tech Salary Trends report from Dice. Certifications are a great way for IT pros to pave a path to a specific career in tech.

IT 124

IT Reporting Risk Consulting 124

CIO Business Intelligence

JUNE 5, 2024

A new Foundry survey shows IT leaders are all-in on the idea that artificial intelligence (AI) can help them address a longstanding struggle with enterprise networks: making day-to-day management of networks easier. AI can deliver transformational change in today’s networks with a variety of benefits, respondents say.

IT 111

IT Digital Transformation Risk Management Data-driven 111

O'Reilly on Data

DECEMBER 12, 2019

1] This includes C-suite executives, front-line data scientists, and risk, legal, and compliance personnel. These recommendations are based on our experience, both as a data scientist and as a lawyer, focused on managing the risks of deploying ML. Not least is the broadening realization that ML models can fail.

Machine Learning 276

Machine Learning Modeling Testing Risk Management 276

CIO Business Intelligence

SEPTEMBER 13, 2024

And in KnowBe4’s 2024 International Healthcare Report, the global healthcare sector experienced 1,613 cyberattacks per week in the first three quarters of 2023, nearly four times the global average. Cybersecurity is an enterprise risk to every organization in the world.” The global healthcare cybersecurity market is set to reach $58.4

Risk 128

Risk IT IoT Statistics 128

CIO Business Intelligence

OCTOBER 20, 2023

According to the 2024 IT Salary report from Robert Half , these are some of the most valuable certifications IT professionals can hold in the coming year. The certification is targeted at agile team members, managers, organizational decision-makers, change leaders, executives, coaches and consultants, and aspiring or current leaders.

IT 137

IT Consulting Testing IoT 137

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. With companies increasingly operating on a global scale, it can require entire teams to stay on top of all the regulations and compliance standards arising today.

Risk 119

Risk Risk Management Management Enterprise 119

CIO Business Intelligence

JANUARY 6, 2025

These regulations mandate strong risk management and incident response frameworks to safeguard financial operations against escalating technological threats. DORA mandates explicit compliance measures, including resilience testing, incident reporting, and third-party risk management, with non-compliance resulting in severe penalties.

Risk Management 52

Risk Management Risk Insurance Reporting 52

Jet Global

JANUARY 14, 2021

Financial reporting is fascinating, complicated, ever-evolving, and essential to the success of your organization. CFOs and the teams they lead must be adept at turning data into insightful financial reports , yet doing so becomes a bigger challenge and a greater obligation all the time. Accounting Today. CFO Journal. The CPA Journal.

Reporting 90

Reporting Finance Cost-Benefit Consulting 90

CIO Business Intelligence

JUNE 23, 2023

It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience. When asked what keeps them up at night, IT leaders noted the need to improve overall IT performance (60%), followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%).

IT 98

IT Risk Management Risk Optimization 98

CIO Business Intelligence

DECEMBER 7, 2022

Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. For the most part, budgets are holding steady or growing in the single digits, with continued investments in security, analytics, and the cloud, among other areas.

IT 132

IT Insurance Cost-Benefit Risk Management 132

CIO Business Intelligence

APRIL 27, 2023

The past year was rough for the tech industry, with several companies reporting layoffs and the looming threat of a recession. And according to the latest 2023 Dice Tech Salary Report , you don’t need to reach for an executive career in IT to earn a six-figure salary. as of January. increase from 2021. increase from 2021.

IT 116

IT Software Risk Management 116

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” There’s a trick to this, and it’s one that, ultimately, your organization will thank you for.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

NOVEMBER 21, 2024

Indeed, as IDC reported in a earlier this year, the U.S. Importantly, where the EU AI Act identifies different risk levels, the PRC AI Law identifies eight specific scenarios and industries where a higher level of risk management is required for “critical AI.” AI and GenAI Regulatory Landscape, IDC, July 2024).

Consulting 120

Consulting Risk Risk Management Marketing 120

CIO Business Intelligence

OCTOBER 4, 2023

Some certifications in project management , governance, and architecture also attract big bonuses, with CGEIT (Certified in the Governance of Enterprise IT) pulling in a 14% pay premium, up 27% over the last six months, and TOGAF 9 Certified (The Open Group’s Enterprise Architecture Framework certification) attracting a 12%premium, up 9%.

Prescriptive Analytics 135

Prescriptive Analytics IT Machine Learning Deep Learning 135

CIO Business Intelligence

FEBRUARY 20, 2025

HR managers need to think strategically about what their companys needs will be in the future and use this to develop requirement profiles for personnel planning. It also has a positive effect on holistic and sustainable corporate management. Human resources must also contribute to transparent reporting requirements here.

Big Data 84

Big Data Measurement Visualization Reporting 84

CIO Business Intelligence

MAY 13, 2024

It creates more emphasis on 365-degree relationship management, particularly with external partners and vendors and with customers,” Juliano says. Overall, IT projects are meant to create a leaner, more profitable company, says Bilker, CIO of manufacturer Lift Solutions Holding. I believe we’re in a post-alignment world.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

JUNE 8, 2023

This demand for skilled IT workers is reflected in the rising average salaries of certain job titles as companies compete for top talent, according to data from the 2023 Dice Tech Salary Report. Project manager The role of project manager is important for planning, executing, and completing IT projects on time and on budget.

IT 140

IT Digital Transformation Software Risk 140

CIO Business Intelligence

JULY 25, 2024

CIOs have a long history of managing incidents and disasters through established IT practices, guided by frameworks such as ITIL for incident management and disaster recovery. In another, “Over half of organizations report cybersecurity posture to the board of directors at least quarterly.” ( IDC Worldwide CEO Survey , February 2024).

IT 111

IT Finance Consulting Reporting 111

CIO Business Intelligence

MAY 30, 2023

3, with 55% of responding IT leaders listing this area) and risk management (at No. When it came to cybersecurity projects, Daniel Uzupis could always count on executive and board support during his tenure as CIO at Jefferson County Health Center in Fairfield, Iowa. 9, with 47% involved in such).

IT 131

IT Risk Optimization Technology 131

John Wheeler

MARCH 5, 2021

While GRC may provide 20/20 hindsight into how well an organization complies with regulation, it lacks the risk insights to equip senior executives and board members in making better business decisions. Simply put, business leaders need a better way to manage risks. Technology Outlook for Integrated Risk Management.

Risk Management 105

Risk Management Risk Technology Management 105