CIO Business Intelligence

NOVEMBER 18, 2024

Traditionally viewed as rock-solid and steady, the insurance industry is not exactly associated with taking big risks. There’s also the speed at which the digital footprint is evolving — a pace that is testing the ability of traditional IT structures to effectively deliver for the business.

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IT Insurance Strategy Technology 131

CIO Business Intelligence

FEBRUARY 7, 2024

Key AI companies have told the UK government to speed up its safety testing for their systems, raising questions about future government initiatives that too may hinge on technology providers opening up generative AI models to tests before new releases hit the public.

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Testing Reporting Risk Modeling 124

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.

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Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

NOVEMBER 4, 2024

News accounts that raise the possibility of increased prices, lack of innovation, and reduced support from a critical IT vendor suggest risks that CIOs and other C-level executives (CXOs) simply cannot ignore. The risks are substantial. For forward-thinking CXOs, this transition period is not just about mitigating risks.

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Risk Enterprise Uncertainty Testing 98

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?

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Risk Technology Cost-Benefit Internet of Things 122

CIO Business Intelligence

OCTOBER 24, 2024

To combat these risks, there is now a concerted effort to create software that is secure by design. Incorporate secure by design practices into risk assessments Vendor risk assessment is a standard process by which enterprises identify and evaluate the potential hazards associated with a vendor’s products and operations.

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Software IT Metrics Risk 112

IBM Big Data Hub

JANUARY 24, 2024

To mitigate and prepare for such risks, penetration testing is a necessary step in finding security vulnerabilities that an attacker might use. What is penetration testing? A penetration test , or “pen test,” is a security test that is run to mock a cyberattack in action.

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Testing Risk Reporting IoT 72

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.

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Risk Modeling IT Risk Management 111

CIO Business Intelligence

JUNE 13, 2024

Not instant perfection The NIPRGPT experiment is an opportunity to conduct real-world testing, measuring generative AI’s computational efficiency, resource utilization, and security compliance to understand its practical applications. For now, AFRL is experimenting with self-hosted open-source LLMs in a controlled environment.

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Testing Experimentation Data Processing Modeling 119

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.

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IT Management Risk Risk Management 131

CIO Business Intelligence

NOVEMBER 13, 2024

And we’re at risk of being burned out.” JP Morgan Chase president Daniel Pinto says the bank expects to see up to $2 billion in value from its AI use cases, up from a $1.5 billion estimate in May. The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process.

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IT Consulting ROI Cost-Benefit 138

CIO Business Intelligence

NOVEMBER 21, 2024

In our fast-changing digital world, it’s essential to sync IT strategies with business objectives for lasting success. Technology has shifted from a back-office function to a core enabler of business growth, innovation, and competitive advantage. Understanding the competitive landscape is also essential.

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Strategy IT Business Objectives Cost-Benefit 102

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.

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Data Architecture Risk Management Risk Management 84

CIO Business Intelligence

JUNE 21, 2023

At the same time, the threat landscape continues to evolve and cyber risk is escalating for all organizations. As cyber risk continues to escalate, CIOs and CISOs need to be just as nimble and methodical as their adversaries. Because industry tests often lack standardized measurement criteria, the results can vary wildly.

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Testing Measurement ROI Risk 96

Smart Data Collective

AUGUST 21, 2022

The process of ensuring that your product or software is of the best quality for your clients is referred to as quality assurance testing or QA testing. Performing Quality Assurance Testing with a Security Approach. AI Can Improve Manual Testing in Addition to Automated Testing.

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Testing Risk Software Predictive Analytics 85

Smart Data Collective

MAY 7, 2023

million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks. What is cyber risk?

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Digital Transformation Risk Testing Strategy 109

CIO Business Intelligence

NOVEMBER 4, 2024

This may involve embracing redundancies or testing new tools for future operations. Organizations can maintain high-risk parts of their legacy VMware infrastructure while exploring how an alternative hypervisor can run business-critical applications and build new capabilities,” said Carter. It took about 18 months. You need to plan.

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IT Forecasting Strategy Testing 107

CIO Business Intelligence

AUGUST 2, 2024

The amount of systems not only creates complexity but also risks, so it’s important decommissioning takes place in a standardized and secure way to establish as few individual integrations as possible. I made a U-turn,” she says. After being there for nine years, I decided I wanted to break new ground.” It would be a huge time-saver.”

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IT Cost-Benefit Data-driven Management 117

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? ChatGPT, or something built on ChatGPT, or something that’s like ChatGPT, has been in the news almost constantly since ChatGPT was opened to the public in November 2022. A quick scan of the web will show you lots of things that ChatGPT can do. It’s much more.

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IT Modeling Testing Risk 266

DataKitchen

JUNE 1, 2022

Quality/Tests/Trust. How many tests do I have in production? What is the average number of tests per pipeline? Testing/Impact/Regressions. How many tests ran in the QA environment? For a particular project, what pipelines, tests, deploys and tickets are happening? The biggest risk of all is space flight.

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Risk Management Testing Dashboards 130

CIO Business Intelligence

AUGUST 6, 2024

CIOs and project managers understand these risks. Part of this job was keeping an ear to the ground for early signs from users that created project risks — key stakeholders in particular. IT is hitting its task due dates, but when a task gets over to the users, such as a function test, there are repeated delays and missed deadlines.

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IT Management Risk Testing 131

CIO Business Intelligence

JUNE 13, 2024

If you’re using AI for a very targeted set of tasks, you can test to ensure that those tasks are executed properly, and then you don’t really worry too much about the fact that it can’t do something like create a recipe for souffle,” he says. When adopting AI, sometimes the best direction is to go small.

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IT Cost-Benefit Machine Learning Testing 131

CIO Business Intelligence

SEPTEMBER 27, 2024

The first step of the manager’s team was instead to hire a UX designer to not only design the interface and experience for the end user, but also carry out tests to bring qualitative and quantitative evidence on site and app performance to direct the business. IT must be at the service of the business,” he says.

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Management IT Cost-Benefit Testing 123

CIO Business Intelligence

SEPTEMBER 26, 2023

Management rules typically exist to enable faultless decision-making, set a foundation for consistent operation, and provide protection from risk, observes Ola Chowning, a partner at global technology research and advisory firm ISG. Breaking a rule often happens after the CIO weighs the risk of removing or retaining a mandate,” she notes.

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IT Risk Cost-Benefit Consulting 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?

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IT ROI Risk Strategy 142

CIO Business Intelligence

AUGUST 19, 2024

Girl Power Talk, specifically, offers services around client engagement, community management, digital marketing, custom software development, website and application design, system integration and optimization, and risk mitigation. A few months into this role, I was promoted to lead the testing team and train new members.”

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IT Testing Marketing Advertising 114

CIO Business Intelligence

JANUARY 19, 2023

Giving up control: rewards outweigh the risks The benefits of greater delegation include an increase in the velocity of decision making and an increased sense of ownership and accountability, says Cisco Sanchez, SVP and CIO at Qualcomm, which has been increasing the pace of delegation. They just need visibility.

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Testing Digital Transformation Risk Management 130

DataKitchen

NOVEMBER 5, 2024

The Race For Data Quality In A Medallion Architecture The Medallion architecture pattern is gaining traction among data teams. It is a layered approach to managing and transforming data. It sounds great, but how do you prove the data is correct at each layer? How do you ensure data quality in every layer ? Bronze layers should be immutable.

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Data Quality Testing Metrics Reporting 198

CIO Business Intelligence

OCTOBER 8, 2024

Some bad news for CIOs: Many C-suite leaders, including IT leaders themselves, have less confidence in your department’s ability to get the job done than they did a decade ago. The drop was the largest among the CEOs surveyed. Among the IT leaders surveyed, 69% had confidence in their departments a decade ago; now just 47% do. So what’s the deal?

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IT Strategy Experimentation Technology 140

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

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Risk Risk Management ROI Technology 98

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. Furthermore, the government has not adequately determined the most effective ways to use the data it receives.

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Testing Modeling Cost-Benefit Consulting 83

CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

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Risk Data Science Consulting Machine Learning 145

IBM Big Data Hub

MAY 8, 2023

This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI. This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI.

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Insurance Risk Testing Data Quality 68

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.

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Testing Management Risk Management Forecasting 94

CIO Business Intelligence

AUGUST 20, 2024

The window treatment company, with 17 direct employees and franchises in 35 states, is now beta testing a small language model created with Revscale AI. When companies like Google and Microsoft can afford to spend hundreds of millions of dollars on AI, some IT experts have questioned how SMBs can tap into the revolution.

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Risk Cost-Benefit Insurance ROI 129

CIO Business Intelligence

AUGUST 1, 2023

Supporting us with our repository for developers with a kind of a testing deployment architecture for continuous updates and employment and deployment. It wasn’t until the 1990s that Indigenous rights were recognized by the US government, along with the right to their heritage, language, and culture.

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Risk IT Software Digital Transformation 98

CIO Business Intelligence

AUGUST 20, 2024

CIOs have a new opportunity to communicate a gen AI vision for using copilots and improve their collaborative cultures to help accelerate AI adoption while avoiding risks. They must define target outcomes, experiment with many solutions, capture feedback, and seek optimal paths to delivering multiple objectives while minimizing risks.

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IT Digital Transformation Experimentation Risk 140