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.

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Uncertainty Risk Management Risk Management 132

CIO Business Intelligence

AUGUST 24, 2023

Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. Gen AI has the potential to magnify existing risks around data privacy laws that govern how sensitive data is collected, used, shared, and stored. The risk is too high.”

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Uncertainty Risk Testing Enterprise 98

CIO Business Intelligence

AUGUST 22, 2024

With uncertain economic conditions on the horizon, including stubborn inflation in many parts of the world, high interest rates, and volatile stock markets, CIOs face unique budgetary pressures for the year to come. A slim portion of IT leaders (8%) expect bumps of more than 10%, while 9% expect their budgets to stay the same or decrease slightly.

Strategy 133

Strategy IT Uncertainty Software 133

O'Reilly on Data

MARCH 31, 2020

Machine learning adds uncertainty. If you’re already a software product manager (PM), you have a head start on becoming a PM for artificial intelligence (AI) or machine learning (ML). You already know the game and how it is played: you’re the coordinator who ties everything together, from the developers and designers to the executives.

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Management Machine Learning Experimentation Metrics 338

CIO Business Intelligence

NOVEMBER 4, 2024

IDC, for instance, recommends the NIST AI Risk Management Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites best practices for some aspects of AI governance in “ IDC PeerScape: Practices for Securing AI Models and Applications.”

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Uncertainty Cost-Benefit Risk Experimentation 137

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

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Risk Optimization Management Insurance 103

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 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

DECEMBER 5, 2024

The reversal calmed immediate fears of an extended crisis, but the political instability sent ripples through financial markets and heightened uncertainty for South Korea’s role as a global technology hub. Its dominance in critical areas like memory chips makes it indispensable to industries worldwide. It accounts for 60.5%

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Uncertainty Risk Strategy Manufacturing 111

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.

Risk 98

Risk Enterprise Uncertainty Testing 98

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Take Responsibility for Risk Oversight. Take Responsibility for Risk Oversight. Foster an Appropriate Risk Mindset.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

CIO Business Intelligence

MARCH 15, 2023

The pressure is on to navigate economic uncertainty. Solicit input from trusted deputies and document the risks and implications of specific line items. Gartner’s downward revision of projected worldwide IT spending in 2023 from 5.1% What are the necessities in your IT budget to keep the lights on (KTLO)?

Uncertainty 98

Uncertainty Cost-Benefit Forecasting Insurance 98

O'Reilly on Data

JUNE 15, 2023

Should we risk loss of control of our civilization?” The world changed on November 30, 2022 as surely as it did on August 12, 1908 when the first Model T left the Ford assembly line. That was the date when OpenAI released ChatGPT, the day that AI emerged from research labs into an unsuspecting world.

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Metrics Reporting Measurement Finance 289

CIO Business Intelligence

JULY 11, 2024

In a business environment defined by volatility, uncertainty, complexity, and ambiguity (VUCA), the most successful CIOs are more than technology leaders; they’re “chief intentional officers.” That means pushing back against a lot of pressure, sometimes against the board or the executives.

IT 122

IT Risk Technology Uncertainty 122

CIO Business Intelligence

JUNE 8, 2022

Digital disruption, global pandemic, geopolitical crises, economic uncertainty — volatility has thrown into question time-honored beliefs about how best to lead IT. If people need to go through multiple layers of approvals, they run the risk of building a very inefficient system. The past few years in IT have exemplified this.

IT 133

IT Cost-Benefit Uncertainty Digital Transformation 133

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. And then there’s uncertainty on when this will come back to normal, what will it settle down as, etc. PODCAST: COVID 19 | Redefining Digital Enterprises. Management.

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Risk Management Risk Enterprise Management 128

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

John Wheeler

JANUARY 31, 2021

Regulations were set aside and associated technological and business risks were given low priority to help with the larger effort to “slow the spread” of the virus. No doubt, 2021 will be the year of uncertainty and change. A focus on performance and assurance helps to reduce uncertainty related to strategic goals.

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Uncertainty Risk Management Risk Forecasting 59

O'Reilly on Data

JULY 20, 2021

The telephone in the kitchen was for everyone’s use. After the release of the iPad in 2010 Craig Hockenberry discussed the great value of communal computing but also the concerns : “When you pass it around, you’re giving everyone who touches it the opportunity to mess with your private life, whether intentionally or not. That makes me uneasy.”.

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Risk Software Interactive Modeling 306

CIO Business Intelligence

NOVEMBER 27, 2023

Cybersecurity risks This one is no surprise, given the scary statistics on the growing number of cyberattacks, the rate of successful attacks, and the increasingly high consequences of being breached. They’re wondering how AI technologies, such as ChatGPT and generative AI in general, will increase risks.

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IT Digital Transformation Reporting Finance 138

CIO Business Intelligence

MARCH 23, 2022

CIOs that aren’t embracing, testing, retooling, leveraging, and getting feedback from innovative concepts are putting their companies and businesses at risk of being left behind,” Mattmann warns. There’s no better type of job security than indispensability. Achieving indispensability isn’t as challenging as it may sound. Inquisitiveness.

IT 133

IT Optimization Uncertainty Testing 133

O'Reilly on Data

SEPTEMBER 15, 2020

Technical competence results in reduced risk and uncertainty. AI initiatives may also require significant considerations for governance, compliance, ethics, cost, and risk. Goals should be defined specifically and at a granular level for each stakeholder and relevant use case. AI Goals as a Function of Maturity. Conclusion.

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Advertising Cost-Benefit ROI Machine Learning 299

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

NOVEMBER 3, 2023

Burnout is quickly becoming a widespread problem for IT organizations. The wake of the COVID-19 pandemic, mass tech industry layoffs, and the demand to keep pace with constantly evolving technology are all prominent factors contributing to a state of exhaustion among IT pros, according to industry surveys. And it can be hard to spot.

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IT Reporting Uncertainty Cost-Benefit 133

CIO Business Intelligence

NOVEMBER 12, 2024

Transformational CIOs recognize the importance of IT culture in delivering innovation, accelerating business impacts, and reducing operational and security risks. Worse, issues that undermine IT culture may not appear in these KPIs or employee satisfaction surveys for months.

IT 140

IT Digital Transformation Management Experimentation 140

Aryng

JANUARY 8, 2024

Does it seem like 2024 is starting with more uncertainty compared to previous years? In times of great uncertainty leaders have to scrutinize the investment in strategic initiatives. In times of great uncertainty leaders have to scrutinize the investment in strategic initiatives. Charts like FRED certainly support that feeling.

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Uncertainty Risk IT Data Science 52

CIO Business Intelligence

OCTOBER 26, 2023

While there is little doubt that companies have been cutting back on expenses generally in response to economic uncertainty, startups in particular have been feeling the pain of contracting budgets and reluctant investors. When we asked about the intensity of that pressure, 83% cited a moderate to high degree of pressure.

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IT Cost-Benefit Data-driven Manufacturing 128

Cloudera

JUNE 1, 2021

In summary, the next chapter for Cloudera will allow us to concentrate our efforts on strategic business opportunities and take thoughtful risks that help accelerate growth. It also means we can complete our business transformation with the systems, processes and people that support a new operating model. . Wrapping it up. What a day.

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Uncertainty Cost-Benefit Risk Strategy 144

CIO Business Intelligence

MAY 4, 2022

More specifically, Rasmussen is boosting her spend on cybersecurity to help manage risk, a key element for enabling Ceridian’s planned global expansion. Ceridian SVP and CIO Carrie Rasmussen got a 7% bump in her IT budget for 2022, with her company’s growth, its ongoing digitalization drive, and security mindfulness driving the boost.

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IT Business Driver Reporting Uncertainty 135

Smart Data Collective

JULY 31, 2022

Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. However, predictive analytics will probably be even more important as global uncertainty is higher than ever. Analytics Vidhya, Neptune.AI Because the U.S.

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Predictive Analytics Analytics Uncertainty Forecasting 141

CIO Business Intelligence

DECEMBER 5, 2023

Economic uncertainty, increased competition, sustainability concerns, shareholder expectations, and regulatory challenges are also top of mind. IT leaders have always needed to exercise fiscal responsibility while meeting business demands for technology. But it’s not the only one.

IT 138

IT Cost-Benefit ROI Digital Transformation 138

CIO Business Intelligence

JUNE 24, 2024

Yet throughout the evening, the common denominator was the need to reduce uncertainty and manage risk. Yet throughout the evening, the common denominator was the need to reduce uncertainty and manage risk. Here are five main takeaways from the event.

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IT Uncertainty Manufacturing Data Processing 98

CIO Business Intelligence

JULY 23, 2023

EY recently found that in current economic and financial uncertainty, 94% of tech executives plan to increase their IT investment over the next year. People IT leaders are under enormous pressure to do more with less and create an IT department that can optimize their organization’s resources and reduce exposure to risk.

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Optimization IT Digital Transformation Uncertainty 95

CIO Business Intelligence

JUNE 15, 2022

Pre-COVID, agility became an aspiration and rallying cry for organizations seeking to embrace emerging technologies and pursue technology-enabled innovation, often to stave off digital disruption in their industries. Once the pandemic hit, that nice-to-have became an existential necessity. “As This goes beyond implementing agile methodology.

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IT Digital Transformation Technology Strategy 145

O'Reilly on Data

DECEMBER 9, 2019

Because of this trifecta of errors, we need dynamic models that quantify the uncertainty inherent in our financial estimates and predictions. Practitioners in all social sciences, especially financial economics, use confidence intervals to quantify the uncertainty in their estimates and predictions.

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Statistics Uncertainty Risk Marketing 27

CIO Business Intelligence

APRIL 1, 2024

Deloitte 2 meanwhile found that 41% of business and technology leaders said a lack of talent, governance, and risks are barriers to broader GenAI adoption. However such fear, uncertainty, and doubt (FUD) can make it harder for IT to secure the necessary budget and resources to build services. Cleanse your data.

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Uncertainty Data Lake Consulting Risk 142

CIO Business Intelligence

JUNE 13, 2023

Sharma: I will define success as enjoying problems and uncertainty, identifying meaningful opportunities, and working with a great set of mentors, leaders, team, and organization. Customer experience, technology, and risk management are now at the heart of banking. Sharma: It is difficult to single out any one achievement.

IT 105

IT Digital Transformation Uncertainty Risk Management 105

DataRobot

AUGUST 5, 2021

After Banjo CEO Damien Patton was exposed as a member of the Ku Klux Klan, including involvement in an anti-Semitic drive-by shooting, the state put the contract on hold and called in the state auditor to check for algorithmic bias and privacy risks in the software. The good news was the software posed less risk to privacy than suspected.

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Uncertainty Sales Risk Statistics 98