CIO Business Intelligence

MARCH 4, 2025

This approach will help businesses maximize the benefits of agentic AI while mitigating risks and ensuring responsible deployment. With AI agents poised to take over significant portions of enterprise workflows, IT leaders will be faced with an increasingly complex challenge: managing them.

Management 119

Management IT Cost-Benefit Enterprise 119

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 105

IT Insurance Consulting Risk 105

CIO Business Intelligence

NOVEMBER 4, 2024

Rather than wait for a storm to hit, IT professionals map out options and build strategies to ensure business continuity. Following Broadcom’s late 2023 acquisition of VMware, numerous changes prompted customers and partners to reassess their strategies. Having a Plan B is table stakes for any IT team. It took about 18 months.

IT 125

IT Forecasting Strategy Testing 125

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. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.

Risk 142

Risk IT Risk Management Cost-Benefit 142

Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? It is important to realize that the usual “hype cycle” rules prevail in such cases as this.

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

datapine

MAY 31, 2022

We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies. 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.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

DECEMBER 3, 2024

A new area of digital transformation is under way in IT, say IT executives charged with unifying their tech strategy in 2025. That means IT veterans are now expected to support their organization’s strategies to embrace artificial intelligence, advanced cybersecurity methods, and automation to get ahead and stay ahead in their careers.

IT 128

IT Testing Software Data-driven 128

CIO Business Intelligence

MARCH 25, 2025

The time required to familiarize oneself with the requirements and consequences of the various laws and to develop and roll out your organizations strategies and solutions should also not be underestimated. Develop a compliance strategy Companies should first develop the strategic direction of the compliance organization.

IT 96

IT Key Performance Indicator Risk Reporting 96

CIO Business Intelligence

FEBRUARY 26, 2025

All of this creates new challenges, on top of those already posed by the gen AI itself. Plus, unlike traditional automations, agentic systems are non-deterministic. This puts them at odds with legacy platforms, which are universally very deterministic. If you want to strike oil, you have to drill through the granite to get to it.

IT 141

IT Enterprise Interactive Data Quality 141

CIO Business Intelligence

JULY 25, 2024

But the outage has also raised questions about enterprise cloud strategies and resurfaced debate about overly privileged software , as IT leaders look for takeaways from the disastrous event. It also highlights the downsides of concentration risk. What is concentration risk?

Risk 144

Risk Cost-Benefit Strategy Enterprise 144

CIO Business Intelligence

DECEMBER 19, 2024

The primary goal for Eddingfield and his team was to improve change management processes and reduce the risk of failed changes by implementing collision detection and impact analysis. What if artificial intelligence (AI) could prevent 1,000 potential outages and improve IT service health and delivery by more than 75%?

IT 98

IT Insurance Cost-Benefit Optimization 98

CIO Business Intelligence

SEPTEMBER 13, 2024

For Kevin Torres, trying to modernize patient care while balancing considerable cybersecurity risks at MemorialCare, the integrated nonprofit health system based in Southern California, is a major challenge. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

Risk 128

Risk IT IoT Statistics 128

CIO Business Intelligence

OCTOBER 23, 2024

Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. This creates new risks around data privacy, security, and consistency, making it harder for CIOs to maintain control.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

MAY 6, 2024

Amid that growth, a few key trends surfaced to impact CIOs’ cloud strategies, continuing to today: More flexible consumption models To increase spend within their ecosystems, hyperscalers marketed more flexible consumption programs to enable customers to increase their commitments, while mitigating consumption risk.

Marketing 131

Marketing Strategy IT Data Processing 131

CIO Business Intelligence

JANUARY 21, 2025

As gen AI heads to Gartners trough of disillusionment , CIOs should consider how to realign their 2025 strategies and roadmaps. The World Economic Forum shares some risks with AI agents , including improving transparency, establishing ethical guidelines, prioritizing data governance, improving security, and increasing education.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

CIO Business Intelligence

FEBRUARY 20, 2025

However, this perception of resilience must be backed up by robust, tested strategies that can withstand real-world threats. One major gap in the findings is that four in ten respondents admitted their organization had not reviewed its cyber resilience strategy in the last six months. India (67%) expressed the greatest concern.

IT 99

IT Testing Strategy Data Processing 99

Analytics Vidhya

DECEMBER 20, 2023

This comprehensive strategy mainly aims to measure and forecast potential risks associated with AI development. OpenAI, the renowned artificial intelligence research organization, has recently announced the adoption of its new preparedness framework.

Forecasting 337

Forecasting Measurement Strategy Risk 337

datapine

JANUARY 24, 2021

It is not just important to gather all the existing information, but to consider the preparation of data and utilize it in the proper way, has become an indispensable value in developing a successful business strategy. For example, you need to develop a sales strategy and increase revenue. Data Is Only As Good As The Questions You Ask.

IT 317

IT Statistics KPI Data-driven 317

CIO Business Intelligence

MARCH 4, 2025

As a business executive who has led ventures in areas such as space technology or data security and helped bridge research and industry, Ive seen first-hand how rapidly deep tech is moving from the lab into the heart of business strategy. The takeaway is clear: embrace deep tech now, or risk being left behind by those who do.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

CIO Business Intelligence

JANUARY 3, 2025

Artificial intelligence for IT operations (AIOps) solutions help manage the complexity of IT systems and drive outcomes like increasing system reliability and resilience, improving service uptime, and proactively detecting and/or preventing issues from happening in the first place. Beneath the surface, however, are some crucial gaps.

IT 106

IT Cost-Benefit Data Science Data-driven 106

CIO Business Intelligence

AUGUST 22, 2024

That spectrum of budget adjustments is being met by a range of strategies by IT leaders seeking to make the most of their 2025 IT spend. More than nine in 10 IT decision-makers project their budgets will increase in 2025, according to the Forrester 2025 Budget Planning Guide for Technology Executives. through 2027.

Strategy 134

Strategy IT Uncertainty Software 134

CIO Business Intelligence

NOVEMBER 19, 2024

But shortsighted IT strategies, often pushed by CEOs seeking short-term gains, can saddle CIOs with increasing tech debt that can further undercut long-term outcomes and innovation. Two-thirds of CEOs surveyed by the IBM Institute for Business Value acknowledge raiding long-term IT projects to achieve short-term goals.

Cost-Benefit 133

Cost-Benefit Risk Business Objectives Data-driven 133

CIO Business Intelligence

DECEMBER 5, 2024

Tech supply chain risks South Korea’s semiconductor ecosystem, driven by industry leaders like Samsung and SK Hynix, is a cornerstone of global technology supply chains. Its dominance in critical areas like memory chips makes it indispensable to industries worldwide. It accounts for 60.5% and a NAND market share of 52.6%.

Uncertainty 111

Uncertainty Risk Manufacturing Strategy 111

CIO Business Intelligence

JULY 22, 2024

For CIOs, the event serves as a stark reminder of the inherent risks associated with over-reliance on a single vendor, particularly in the cloud. This has forced CIOs to question the resilience of their cloud environments and explore alternative strategies. Yes, they [enterprises] should revisit cloud strategies.

Strategy 143

Strategy Testing Risk Management Risk 143

CIO Business Intelligence

JULY 22, 2024

Moreover, these repatriations show how CIOs have a shrewder, more fluid cloud strategy today to ensure they don’t settle for less than what they want. And he has seen some respond by moving workloads from the cloud back to on-premises data centers, a move they feel gives them better control over costs and privacy standards.

Optimization 128

Optimization Strategy IT Cost-Benefit 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

NOVEMBER 11, 2024

In today’s fast-paced digital environment, enterprises increasingly leverage AI and analytics to strengthen their risk management strategies. A recent panel on the role of AI and analytics in risk management explored this transformational technology, focusing on how organizations can harness these tools for a more resilient future.

Risk Management 59

Risk Management Risk Management Data-driven 59

CIO Business Intelligence

OCTOBER 30, 2024

She is now CEO of 10Xresponsibletech, a consulting company focused on helping organizations design, integrate, and adopt business-aligned and responsible AI strategies. In a recent interview, Bhimani talked about the importance of thinking about ethical uses of AI and how it can benefit both humanity and individual organizations.

Strategy 131

Strategy Technology Risk IT 131

CIO Business Intelligence

JANUARY 15, 2025

Maintaining, updating, and patching old systems is a complex challenge that increases the risk of operational downtime and security lapse. Indeed, more than 80% of organisations agree that scaling GenAI solutions for business growth is a crucial consideration in modernisation strategies. [2] The solutionGenAIis also the beneficiary.

Cost-Benefit 125

Cost-Benefit Data-driven Enterprise Risk 125

CIO Business Intelligence

SEPTEMBER 26, 2024

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This should be no surprise since the global average cost of a data breach is $4.88

Risk 132

Risk Reporting Digital Transformation Enterprise 132

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

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

OCTOBER 22, 2024

Cloud strategies are undergoing a sea change of late, with CIOs becoming more intentional about making the most of multiple clouds. A lot of ‘multicloud’ strategies were not actually multicloud. Today’s strategies are increasingly multicloud by intention,” she adds.

Strategy 128

Strategy Cost-Benefit Risk Enterprise 128

CIO Business Intelligence

NOVEMBER 11, 2024

Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. For the global risk advisor and insurance broker that includes use cases for drafting emails and documents, coding, translation, and client research.

ROI 137

ROI Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. 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