CIO Business Intelligence

MARCH 3, 2025

In this issue, we explore the risks to both IT and the business from the use of AI. The goal of your risk management efforts should be to gain the most value from AI as a result.

Risk Management 84

Risk Management Risk Management Enterprise 84

CIO Business Intelligence

DECEMBER 18, 2024

Over the past year, the focus on risk management has evolved significantly, says Meerah Rajavel, CIO of Palo Alto Networks. With the increasing sophistication of cyber threats and the accelerated pace of digital transformation, organizations must be more proactive in identifying and mitigating risks.

Risk 105

Risk Risk Management Cost-Benefit Measurement 105

CIO Business Intelligence

JULY 23, 2024

Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. But operational risk is a different matter, and having a healthy dose of paranoia about what may go wrong can be helpful.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

JANUARY 24, 2024

Rather than divide IT, digital, and data into different functional leadership roles, Gilbane’s executive management decided, for the first time, to put all of these transformational teams under one leader. Gilbane is one of the largest privately-held real estate development and construction companies in the US. People build buildings.”

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

NOVEMBER 15, 2024

These uses do not come without risk, though: a false alert of an earthquake can create panic, and a vulnerability introduced by a new technology may risk exposing critical systems to nefarious actors.” Where did it come from?

Risk 119

Risk Risk Management Strategy Reporting 119

CIO Business Intelligence

OCTOBER 30, 2024

In fact, among surveyed leaders, 74% identified security and compliance risks surrounding AI as one of the biggest barriers to adoption. In fact, a recent Cloudera survey found that 88% of IT leaders said their organization is currently using AI in some way.

Enterprise 139

Enterprise Data Architecture Unstructured Data Insurance 139

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

MAY 20, 2024

Krishna Prasad, chief strategy officer and CIO at UST, a digital transformation solutions company, says that cybersecurity not only remains top of mind but an area of significant work for IT as it’s tasked with executing much of the risk-mitigation efforts. Other surveys offer similar findings. 1 priority among its respondents as well.

IT 142

IT Risk Management Machine Learning Risk 142

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

JANUARY 2, 2024

What CIOs need to do instead is to present IT infrastructure investment as an important corporate financial and risk management issue that the business can’t afford to ignore. From a financial and risk management standpoint, the building is a useless (and hazardous) asset that must be written off the books and remedied.

Risk 128

Risk IT Risk Management Sales 128

CIO Business Intelligence

SEPTEMBER 10, 2024

My experience aligns with this trend. Our IT evolution Having worked primarily in traditionally structured industries like oil and gas, government, education and finance, I’ve witnessed firsthand how technology was once considered a commodity, a cost center. However, two crucial misconceptions persist. IT’s image problem?

IT 122

IT Risk Risk Management Predictive Modeling 122

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

JANUARY 14, 2025

The 2024 Enterprise AI Readiness Radar report from Infosys , a digital services and consulting firm, found that only 2% of companies were fully prepared to implement AI at scale and that, despite the hype , AI is three to five years away from becoming a reality for most firms. As part of that, theyre asking tough questions about their plans.

Strategy 141

Strategy ROI Experimentation Risk 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

David Menninger's Analyst Perspectives

MAY 15, 2025

Similarly, Q-Day represents a systemic risk to digital security, eroding the foundation on which secure communication is built. However, both scenarios necessitate a proactive approach that prioritizes risk management strategies and cross-departmental collaboration.

Enterprise 130

Enterprise Risk Measurement Risk Management 130

CIO Business Intelligence

APRIL 23, 2024

Or rather, every part of your responsibilities entails risk, whether you’re paying attention to it or not. There are, for example, those in leadership roles who, while promoting the value of risk-taking, also insist on “holding people accountable.” You’ll get credit for taking risks when they launch.

Risk 116

Risk IT Insurance Risk Management 116

CIO Business Intelligence

DECEMBER 10, 2024

To drive gen-AI top-line revenue impacts, CIOs should review their data governance priorities and consider proactive data governance and dataops practices that go beyond risk management objectives. In IT service management, AI-driven knowledge graphs provide issue diagnosis and proactive resolution, decreasing downtime.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

CIO Business Intelligence

SEPTEMBER 13, 2024

A holistic view of the environment To bridge this gap, Torres introduced risk management platform Asimily that delivers greater IoT device visibility so it’s easier to identify exploitable vulnerabilities on medical devices and equipment. Cybersecurity is an enterprise risk to every organization in the world.”

Risk 128

Risk IT IoT Statistics 128

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

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

APRIL 10, 2025

As a result, many organizations, including the US Army, UPS, and MasterCard, have turned to technology business management (TBM) to better align IT spending with business value. The US Office of Management and Budget has also pushed agencies to use TBM practices since 2017. IT is getting more complex than ever.

ROI 100

ROI Optimization Risk Management Forecasting 100

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

CIO Business Intelligence

MARCH 19, 2025

To overcome these barriers, CDOs must proactively demonstrate the strategic benefits of sustainability-driven data initiatives, seek cross-functional collaboration and advocate for long-term investments in ESG data management. Highlight how ESG metrics can enhance risk management, regulatory compliance and brand reputation.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

OCTOBER 20, 2023

The certification is targeted at agile team members, managers, organizational decision-makers, change leaders, executives, coaches and consultants, and aspiring or current leaders. Certifications can validate your IT skills and experience to show employers you have the expertise to get the job done.

IT 137

IT Consulting IoT Testing 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. A CRISC is often heavily involved with overseeing the development, implementation, and maintenance of information system (IS) controls designed to secure systems and manage risk.

Risk 119

Risk Risk Management Management Enterprise 119

CIO Business Intelligence

SEPTEMBER 10, 2024

Managing cybersecurity and other technology risks will be top of mind for CIOs in 2025 across Australia and New Zealand (ANZ), with 82% of 109 respondents saying it is a key priority for next year, according to Gartner.

Uncertainty 132

Uncertainty Risk Management Risk Management 132

CIO Business Intelligence

MARCH 19, 2025

Then in November, the company revealed its Azure AI Agent Service, a fully-managed service that lets enterprises build, deploy and scale agents quickly. Before that, though, ServiceNow announced its AI Agents offering in September, with the first use cases for customer service management and IT service management, available in November.

Software 143

Software Risk Enterprise Cost-Benefit 143

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

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

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

CIO Business Intelligence

JUNE 8, 2023

Skills such as software engineering, architecture, cloud, and program management are highly sought after as more companies explore creating both internal and external applications and solutions. 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

NOVEMBER 8, 2022

Strive for a work-life balance Time management is a vital skill for all IT specialists, particularly freelancers. It’s necessary to allocate time effectively to manage … work-hours and balance work-life,” says Eric Jones, CEO of Couture Candy, a special occasion fashion e-commerce business.

IT 124

IT Marketing Risk Management Consulting 124

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 282

Machine Learning Modeling Testing Risk Management 282

CIO Business Intelligence

JANUARY 14, 2025

Similarly, modern architecture must enable: A/B testing of new features Canary releases for risk management Multiple service versions running simultaneously Hypothesis-driven development A key element of evolutionary architecture is the use of fitness functions automated checks that continuously validate architecture against desired qualities.

Enterprise 119

Enterprise Technology Metrics Measurement 119

CIO Business Intelligence

APRIL 18, 2022

As IT environments expand, managers find themselves dealing with cases of vendor sprawl. Connect those platforms to dozens of vendors’ satellite components and software packages, and replicate the matrix across divisions and geographies, and you have one complicated mix of IT issues to manage. They tend to evolve over time.

Management 128

Management IT Data-driven Risk 128

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