CIO Business Intelligence

JANUARY 14, 2025

By articulating fitness functions automated tests tied to specific quality attributes like reliability, security or performance teams can visualize and measure system qualities that align with business goals. Experimentation: The innovation zone Progressive cities designate innovation districts where new ideas can be tested safely.

Enterprise 119

Enterprise Technology Metrics Measurement 119

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

O'Reilly on Data

JULY 15, 2019

In recent posts, we described requisite foundational technologies needed to sustain machine learning practices within organizations, and specialized tools for model development, model governance, and model operations/testing/monitoring. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk.

Machine Learning 52

Machine Learning Management Enterprise Risk Management 52

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

This has CIOs moving from experimenting and testing intelligence in pockets to scaling up deployments and rolling out intelligence throughout their organizations. The CIO position has morphed since its inception 40 years ago, shifting from a nuts-and-bolts techie job to an increasingly business- and strategy-focused executive role.

IT 142

IT Risk Management Machine Learning Risk 142

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

Cloudera

MARCH 2, 2022

Risk management is a highly dynamic discipline these days. Stress testing is a particular area that has become even more important throughout the pandemic. Similarly, the European Central Bank is issuing stress testing requirements related to climate risk given the potential economic shifts related to addressing climate change.

Testing 95

Testing Management Risk Management Forecasting 95

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

SEPTEMBER 10, 2024

I built it externally for $50,000 in just five weeks—from concept to market testing. My experience aligns with this trend. In 2015, we attempted to introduce the concept of big data and its potential applications for the oil and gas industry. However, two crucial misconceptions persist. Firstly, IT is often overlooked as a profession.

IT 122

IT Risk Risk Management Predictive Modeling 122

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

FEBRUARY 21, 2025

According to the report, the implementation has fundamentally impacted the Councils financial management and its operations, forcing the council into a costly re-implementation phase that has more than doubled the projects original budget. Change management deserves elevation to a primary project workstream.

Reporting 90

Reporting Risk Testing Risk Management 90

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

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

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

CIO Business Intelligence

NOVEMBER 7, 2024

Caldas has established herself as a decisive, growth-oriented executive and innovative strategist with an impressive track record of leading large complex transformations and executing with real solutions. In order to solve them, my technology team and I have to understand them at a deeper level. Many times it means going and seeing for yourself.

Insurance 120

Insurance Experimentation Testing Technology 120

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 Testing IoT 137

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

MARCH 4, 2025

In fact, successful recovery from cyberattacks and other disasters hinges on an approach that integrates business impact assessments (BIA), business continuity planning (BCP), and disaster recovery planning (DRP) including rigorous testing. See also: How resilient CIOs future-proof to mitigate risks.)

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

OCTOBER 4, 2023

There’s also strong demand for non-certified security skills, with DevSecOps, security architecture and models, security testing, and threat detection/modelling/management attracting the highest pay premiums. AI skills more valuable than certifications There were a couple of stand-outs among those.

Prescriptive Analytics 135

Prescriptive Analytics IT Machine Learning Deep Learning 135

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

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

MARCH 12, 2024

When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies. Here are three strategies for getting it done.

ROI 122

ROI IT Manufacturing Metrics 122

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

CIO Business Intelligence

MARCH 18, 2024

As security risks grow more complex, government agencies are emphasizing new regulations to help lay out what businesses need to do to protect their IT infrastructure while also establishing IT security standards. But what exactly does this policy mean for IT security? And how can businesses ensure they’re ready?

Risk Management 120

Risk Management Insurance Risk Testing 120

CIO Business Intelligence

APRIL 27, 2023

The demand for specialized skills has boosted salaries in cybersecurity, data, engineering, development, and program management. 1. IT management It’s no surprise that IT executive positions earn some of the highest average salaries, with Dice reporting an average yearly salary of $164,814 in 2022 — an 8.4% increase from 2021.

IT 116

IT Software Risk Management 116

Smart Data Collective

SEPTEMBER 17, 2020

Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations. In this modern age, each business entity is driven by data.

Big Data 145

Big Data Finance Risk Management Risk 145

DataRobot Blog

JULY 22, 2022

At many organizations, the current framework focuses on the validation and testing of new models, but risk managers and regulators are coming to realize that what happens after model deployment is at least as important. They may not have been documented, tested, or actively monitored and maintained. Legacy Models.

Modeling 105

Modeling Risk Management Testing Machine Learning 105

CIO Business Intelligence

SEPTEMBER 18, 2024

To Ragland, who also sits on several state agency and non-profit boards, one of the greatest responsibilities for today’s boards is in governing cyber security risk. And while board members are generally tuned in to the importance of cyber governance, they don’t always understand the true risks with cyber and their own governing role.

Risk 141

Risk Testing Strategy Risk Management 141

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. However, as ecommerce has proliferated, security threats have increased, elevating cybersecurity to a board-level concern.

IT 111

IT Finance Consulting Reporting 111

CIO Business Intelligence

OCTOBER 27, 2023

The exam covers topics such as coding, designing cloud architecture, cloud security, troubleshooting, implementation, migration, load and performance testing, and business applications. But at the entry level, it’s better to stick with more generalized certifications that will help get your foot in the door.

IT 135

IT Consulting Software Management 135

Domino Data Lab

AUGUST 6, 2021

All models require testing and auditing throughout their deployment and, because models are continually learning, there is always an element of risk that they will drift from their original standards. The primary focus of model governance involves tracking, testing and auditing. How Model Governance Works.

Machine Learning 145

Machine Learning Modeling Testing Data Science 145

CIO Business Intelligence

AUGUST 6, 2024

Enhance incident response plans Regularly test and conduct drills: Incident response plans should be tested and updated regularly to address shortfalls discovered when walking through or testing scenarios. This knowledge can inform your own risk management and business continuity strategies.

Risk Management 111

Risk Management Risk Testing Finance 111

Smart Data Collective

OCTOBER 21, 2021

The CISSP certification test assesses your knowledge in eight different security domains: Security and Risk Management Asset Security Security Architecture and Engineering Communication and Network Security Identity and Access Management (IAM) Security Assessment and Testing Security Operations Software Development Security.

Testing 141

Testing Big Data Risk Management Risk 141

CIO Business Intelligence

JUNE 26, 2023

That’s when it moved from being opportunistic to very purposeful,” says Meyercord, who after a search for the right fit took over the CEO reins last November at Propel Software, a SaaS provider of engineering and product management software. “I Neal Sample A transferable skill set Meyercord would certainly make that case. Paul, Minn.,

IT 119

IT Consulting Digital Transformation Software 119

CIO Business Intelligence

OCTOBER 15, 2024

It may surprise you, but DevOps has been around for nearly two decades. Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

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. If a database already exists, the available data must be tested and corrected.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

DataRobot

OCTOBER 5, 2021

Throughout history, introducing innovations in fields like aviation and nuclear power to society required robust risk management frameworks. AI is no different, and by its nature, it demands a comprehensive approach to governance utilizing risk management. Step 1: Classify the AI Decision Type.

Risk Management 95

Risk Management Testing Risk Data Science 95