CIO Business Intelligence

DECEMBER 11, 2024

Primary among these is the need to ensure the data that will power their AI strategies is fit for purpose. Lack of oversight establishes a different kind of risk, with shadow IT posing significant security threats to organisations. Strong data strategies de-risk AI adoption, removing barriers to performance.

Risk 107

Risk Data Strategy Strategy Data Governance 107

CIO Business Intelligence

FEBRUARY 20, 2024

While cloud risk analysis should be no different than any other third-party risk analysis, many enterprises treat the cloud more gently, taking a less thorough approach. Moreover, most enterprise cloud strategies involve a variety of cloud vendors, including point-solution SaaS vendors operating in the cloud.

Risk 131

Risk Enterprise Strategy Snapshot 131

CIO Business Intelligence

JULY 25, 2024

The outage put enterprises, cloud services providers, and critical infrastructure providers into precarious positions, and has drawn attention to how dominant CrowdStrike’s market share has become, commanding an estimated 24% of the endpoint detection and response (EDR) market. It also highlights the downsides of concentration risk.

Risk 144

Risk Cost-Benefit Strategy Enterprise 144

datapine

APRIL 21, 2022

Digital transformation of your business is possible when you can use emerging automation, Machine Learning (ML), and Artificial Intelligence (AI) technologies in your marketing. However, when it comes to digital transformation in marketing, there is a larger revolution in how marketers use modern tools and technologies.

Digital Transformation 206

Digital Transformation Marketing Advertising Scorecard 206

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

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.

Risk 131

Risk Cost-Benefit Strategy Risk Management 131

CIO Business Intelligence

SEPTEMBER 13, 2024

The global healthcare cybersecurity market is set to reach $58.4 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. According to Torres, the strategy has proven to be successful.

Risk 128

Risk IT IoT Statistics 128

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

MAY 15, 2024

According to Forrester , investment in AI software will grow 50% faster than the wider software market. With improving security, reducing risk, and driving revenue growth among organizations’ priorities for the use of AI, there are a number of factors CIOs will have to consider when outlining AI strategy.

Strategy 119

Strategy Risk Machine Learning Software 119

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. million machines worldwide, serves as a stark reminder of these risks.

Risk 108

Risk Experimentation Testing Strategy 108

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. Even with global economic uncertainties, organizations that aren’t investing in AI risk getting left behind, he adds.

Strategy 133

Strategy IT Uncertainty Software 133

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. Effective IT strategy requires not just technical expertise but a focus on adaptability and customer-centricity, enabling organizations to stay ahead in a fast-changing marketplace.

Strategy 122

Strategy IT Business Objectives Cost-Benefit 122

CIO Business Intelligence

AUGUST 21, 2024

million in 2024 1 – and thus take the necessary steps to reduce cyber risk. That includes both paying market rate for quality expertise as well as offering ongoing training in cybersecurity to existing employees. Adherence to a defense-in-depth strategy should be front and center. To learn more, visit Hyland. [1]

Strategy 124

Strategy Measurement Risk Reporting 124

CIO Business Intelligence

APRIL 16, 2024

Jason Snyder faces the same challenge nearly all CIOs encounter when looking to fill open positions: a tight labor market, where fierce competition for workers has meant months-long vacancies. Some researchers and tech leaders are using the strategy. The strategy moves away, to varying degrees, from using job titles.

Strategy 132

Strategy Reporting Management Marketing 132

CIO Business Intelligence

NOVEMBER 2, 2023

Rapid advancements in artificial intelligence (AI), particularly generative AI are putting more pressure on analytics and IT leaders to get their houses in order when it comes to data strategy and data management. If you go out and ask a chief data officer, a head of IT, ‘Is your data strategy aligned?’, Ultimately, is the data fresh?

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

CIO Business Intelligence

JANUARY 22, 2024

While the CEO lost his job, the parent company, Arena Group, lost 20% of its market value. However, returning to the GIGO warning, an over-reliance on synthetic data risks accelerating the dangers of inaccurate outputs and poor decision making; such data is only as good as the models that created it.

Data Strategy 132

Data Strategy Strategy Data-driven Enterprise 132

CIO Business Intelligence

JULY 1, 2024

Many small business leaders are still trying to build out an artificial intelligence (AI) strategy to drive efficiencies, supercharge automation and spark creative productivity among their people. What’s clear though, is that these organisations risk being left behind if they aren’t maximising the potential of AI.

Strategy 141

Strategy Technology Optimization Reporting 141

CIO Business Intelligence

AUGUST 30, 2024

While hyperscalers would prefer you entrust your data to them again the concerns about runaway costs are compounded by uncertainty about models, tools, and the associated risks of inputting corporate data into their black boxes. How about helping sales and marketing create new collateral? Is your priority automating IT workstreams?

Uncertainty 122

Uncertainty Marketing Cost-Benefit Risk 122

CIO Business Intelligence

OCTOBER 17, 2023

The cloud market has been a picture of maturity of late. The pecking order for cloud infrastructure has been relatively stable, with AWS at around 33% market share, Microsoft Azure second at 22%, and Google Cloud a distant third at 11%. Here are the top cloud market trends and how they are impacting CIO’s cloud strategies.

Marketing 144

Marketing IT Cost-Benefit Enterprise 144

CIO Business Intelligence

JUNE 24, 2024

At the top of the cybersecurity risk chart is ransomware attacks. Cybersecurity strategies need to evolve from data protection to a more holistic business continuity approach. … This requires a multifaceted approach that combines advanced technologies and proactive strategies.

Strategy 111

Strategy Data-driven Technology Risk 111

O'Reilly on Data

APRIL 23, 2024

Not to be confused with the ordinary sense of rent as a charge for temporary use of property, economic rents are the income above a competitive market rate that is collected because of asymmetries in ownership, information, or power. Attention is all you need What is the source of big tech market power? The market was maturing.

Advertising 276

Advertising Cost-Benefit Marketing Risk 276

CIO Business Intelligence

OCTOBER 15, 2024

In today’s rapidly evolving technological landscape, the role of the CIO has transcended simply managing IT infrastructure to becoming a pivotal player in enabling business strategy. This article delves into the six steps of delivering a successful IT strategy.

Strategy 133

Strategy Gap analysis IT Consulting 133

datapine

AUGUST 12, 2020

In your daily business, many different aspects and ‘activities’ are constantly changing – sales trends and volume, marketing performance metrics, warehouse operational shifts, or inventory management changes. This clear overview of data can set apart the success of your management strategy, since it is not possible to omit vital information.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

datapine

SEPTEMBER 4, 2019

In the recent years, dashboards have been used and implemented by many different industries, from healthcare, HR, marketing, sales, logistics, or IT, all of which have experienced the importance of dashboard implementation as a way to reduce cost and increase the productiveness of their respected business. Choose the right type of dashboard.

Dashboards 263

Dashboards Analytics Key Performance Indicator Sales 263

CIO Business Intelligence

JULY 10, 2024

Dovico just hit the 90-day mark in her CIO role at Beyond Bank, so she’s still in the listening phase while new a new executive team and business strategies are launched and formalized across the broader organization. But as a technologist, you understand more the risks and controls you need to put in place.

Strategy 118

Strategy Cost-Benefit Uncertainty Technology 118

DataKitchen

NOVEMBER 27, 2024

A Guide to the Six Types of Data Quality Dashboards Poor-quality data can derail operations, misguide strategies, and erode the trust of both customers and stakeholders. For instance, a bank might use a CDE dashboard to monitor the accuracy of customer credit scores, which are vital for regulatory compliance and effective risk modeling.

Data Quality 219

Data Quality Dashboards Metrics Cost-Benefit 219

CIO Business Intelligence

OCTOBER 16, 2023

Two significant changes have prompted a reassessment: first, business transformation projects necessitate comprehensive process evaluations, so the two domains can’t be viewed separately anymore; second, the growing emphasis on security has highlighted the substantial risks of using outdated, unmonitored technology.

Manufacturing 133

Manufacturing Strategy Cost-Benefit IoT 133

CIO Business Intelligence

AUGUST 28, 2024

For the technical architecture, we use a cloud-only strategy. Our digital product organization, which reports into IT, is developing new solutions that both drive revenue and impact the market. When I talk to the board, it’s about risk reduction, since the cloud offers a much better control plane for enforcing governance practices.

Strategy 121

Strategy B2B Finance Enterprise 121

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. of the global memory semiconductor market, with a DRAM market share of 70.5% and a NAND market share of 52.6%.

Uncertainty 111

Uncertainty Risk Strategy Manufacturing 111

O'Reilly on Data

APRIL 22, 2020

These strategies contribute to perceptions of trust. These purpose-led strategies boost employee performance and retention , drive deep customer loyalty , and carve legacies. To be clear, Apple may be implementing at least some of these strategies already—but perhaps not uniformly or transparently. Compliance and ethics.

Cost-Benefit 250

Cost-Benefit Finance Data-driven Strategy 250

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Waiting too long to start means risking having to play catch-up. AI-enabling on-premises software is preferable where there is some combination of incurring less disruption to operations, faster time to value, lower risk of failure and lower total cost of ownership relative to migrating to the cloud.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

CIO Business Intelligence

NOVEMBER 27, 2024

How does a business stand out in a competitive market with AI? Unfortunately, implementing AI at scale is not without significant risks; whether it’s breaking down entrenched data siloes or ensuring data usage complies with evolving regulatory requirements. Above all, robust governance is essential.

Data Governance 132

Data Governance Risk Insurance Metadata 132

datapine

OCTOBER 7, 2020

By establishing clear operational metrics and evaluate performance, companies have the advantage of using what is crucial to stay competitive in the market, and that’s data. An additional important thing to consider is which one business should implement in order to gain sustainable success and maintain its competitiveness on the market.

KPI 269

KPI Metrics Sales Visualization 269

O'Reilly on Data

MARCH 31, 2020

You’re responsible for the design, the product-market fit, and ultimately for getting the product out the door. AI product estimation strategies. There are strategies for dealing with all of this uncertainty–starting with the proverb from the early days of Agile: “ do the simplest thing that could possibly work.”

Management 338

Management Machine Learning Experimentation Metrics 338

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. Likewise, AI doesn’t inherently optimize supply chains, detect diseases, drive cars, augment human intelligence, or tailor promotions to different market segments.

Advertising 299

Advertising Cost-Benefit ROI Machine Learning 299