CIO Business Intelligence

NOVEMBER 19, 2024

Controlling public cloud costs can also be problematic due to lack of visibility into cloud usage patterns, inadequate governance and cost management policies, the complexity of cloud pricing models, and insufficient monitoring of resource use.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

Cloudera

JULY 15, 2021

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. . Attendees included senior risk managers and analytics experts from financial institutions and insurance companies.

Risk 100

Risk Optimization Management Insurance 100

O'Reilly on Data

JULY 15, 2019

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. AI projects in financial services and health care.

Machine Learning 48

Machine Learning Management Enterprise Risk Management 48

CIO Business Intelligence

MAY 24, 2024

A variety of roles in the enterprise require or benefit from a GRC certification, such as chief information officer, IT security analyst, security engineer architect, information assurance program manager, and senior IT auditor , among others.

Risk 119

Risk Risk Management Management Enterprise 119

bridgei2i

SEPTEMBER 24, 2020

From supply chain optimization to automating recurring tasks, using chatbots and personalizing suggestions for improved customer service, and making the most of business intelligence for better decision making, AI is the go-to choice for most businesses, irrespective of the industry. However, risk management is no way lagging.

Risk Management 52

Risk Management Risk Enterprise Management 52

O'Reilly on Data

NOVEMBER 13, 2018

There are also many important considerations that go beyond optimizing a statistical or quantitative metric. As we deploy ML in many real-world contexts, optimizing statistical or business metics alone will not suffice. Models will need to be customized (for specific locations, cultural settings, domains, and applications).

Machine Learning 270

Machine Learning Risk Management Statistics 270

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

Smart Data Collective

SEPTEMBER 17, 2020

Financial and banking industries worldwide are now exploring new and intriguing techniques through which they can smoothly incorporate big data analytics in their systems for optimal results. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations.

Big Data 145

Big Data Finance Risk Management Risk 145

CIO Business Intelligence

MARCH 19, 2025

Integrating ESG into data decision-making CDOs should embed sustainability into data architecture, ensuring that systems are designed to optimize energy efficiency, minimize unnecessary data replication and promote ethical data use. Highlight how ESG metrics can enhance risk management, regulatory compliance and brand reputation.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

MARCH 4, 2025

This means a majority of respondents rated their DR/resiliency as either managed (4) or optimized (5) very good ratings. This diligence results in a decision matrix that balances investment, value, and risk. Download the AI Risk Management Enterprise Spotlight.)

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

JULY 23, 2024

Security and data governance is a growing challenge, and 61% of companies reported a third-party data breach or security incident, a 49% increase over the last year, according to The 2024 Third-Party Risk Management Study. “Be Foster methodologies where existing workloads are reviewed for optimization and modernization.

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

MARCH 19, 2025

And EY uses AI agents in its third-party risk management service. Our risk assessors do that work, spending up to 50 hours on one vendor, poring over contracts and other documents to produce a report that calls out risks we observe. A lot of people have focused on the optimization use cases, he says.

Software 143

Software Risk Enterprise Cost-Benefit 143

CIO Business Intelligence

JUNE 23, 2023

Respondents were asked about their current IT stressors, their approach to modernizing their IT infrastructure, and how they plan to become more efficient and optimized in the years ahead. It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience.

IT 98

IT Risk Management Risk Optimization 98

CIO Business Intelligence

OCTOBER 30, 2023

Whereas an adaptive system restructures or reconfigures itself to best operate in and optimize for the ambient conditions, a resilient system often simply has to restore or maintain an existing steady state. In addition, whereas resilience is a risk management strategy, adaptability is both a risk management and an innovation strategy.

Digital Transformation 143

Digital Transformation Risk Management IoT Cost-Benefit 143

CIO Business Intelligence

DECEMBER 14, 2023

The timing for these advancements is optimal as the industry grapples with skilled labor shortages, supply chain challenges, and a highly competitive global marketplace. Process optimization In manufacturing, process optimization that maximizes quality, efficiency, and cost-savings is an ever-present goal.

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

CIO Business Intelligence

FEBRUARY 20, 2025

Most use master data to make daily processes more efficient and to optimize the use of existing resources. Solid reporting provides transparent, consistent and combined HR metrics essential for strategic planning, risk management and the management of HR measures.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management.

ROI 97

ROI Data Analytics Analytics Risk Management 97

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

The research finds the greatest inclination to spend is in sales performance management, which I interpret to mean that the participants see this area as having the highest potential to generate profit through gains in sales productivity and, therefore, increase revenue.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

CIO Business Intelligence

DECEMBER 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. These executive lead risk or compliance departments with dedicated teams. What is GRC?

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

MARCH 19, 2025

These include improvements to operational efficiency (56%), bolstering risk management (53%), and elevating decision-making (51%). Of those top motivators, 85% of respondents said they were focused on business optimization, driven by a desire to boost operational efficiency or improve their risk management.

Analytics 52

Analytics Enterprise Risk Management Strategy 52

DataRobot Blog

DECEMBER 6, 2022

Taking a Multi-Tiered Approach to Model Risk Management. Understand why organizations need a three-pronged approach to mitigating risk among multiple dimensions of the AI lifecycle and what model risk management means to today’s AI-driven companies. Read the blog. MLOps Helps Mitigate the Unforeseen in AI Projects.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

AWS Big Data

FEBRUARY 1, 2024

Trade quality and optimization – In order to monitor and optimize trade quality, you need to continually evaluate market characteristics such as volume, direction, market depth, fill rate, and other benchmarks related to the completion of trades. The query to generate this chart has similar performance metrics as the preceding chart.

Data Warehouse 134

Data Warehouse Dashboards Risk Management Risk 134

CIO Business Intelligence

MAY 9, 2024

At a high level, a CAIO will need to understand the business well enough to identify where AI can make an impact, whether through new value streams or optimization, Daly says. Equally important, a CAIO should have knowledge of risk management principles and regulatory compliance requirements related to AI.

Risk Management 138

Risk Management Cost-Benefit Risk Technology 138

Smart Data Collective

AUGUST 30, 2023

One of the benefits is by making DevOps easier to optimize. Consultancies are rapidly realizing it’s time to ditch the spreadsheets and start integrating key project and resource management workflows in a Professional Services Automation (PSA) system,” said Jon Stead, Chief Strategy Officer, CMap.

Software 123

Software Technology Consulting Forecasting 123

CIO Business Intelligence

MAY 20, 2024

Data privacy, compliance, and risk management Similarly, CIOs foresee themselves becoming more deeply involved in three areas closely related to cybersecurity: data privacy, compliance, and risk management. Risk management came in at No. Foundry / CIO.com 3. For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

CIO Business Intelligence

MAY 21, 2024

However, the chief analyst also pointed out that the level of governance provided by Concert makes it more akin to a control pane for maintaining an optimal usage, support, and compliance environment for every application.

Enterprise 110

Enterprise Management Data Lake Risk 110

CIO Business Intelligence

JANUARY 18, 2024

This level of optimism in the face of massive disruptive change may spring from common attributes that make decision-makers true leaders: vision and adaptability. “As Optimism aside, the true test is in how well organizations will master the changes to the nature of work that AI enables. As you learn, you adjust.

Machine Learning 126

Machine Learning Finance Risk Management Optimization 126

Smart Data Collective

SEPTEMBER 28, 2021

There are IoT solutions that can assist them in collecting data and performing analytics for inventory management. l Improved Risk Management. They may be able to optimize their operations, cut costs, and gain insight into their business. Moreover, this demonstrates how much more precise it is than traditional approaches.

IoT 145

IoT Internet of Things Cost-Benefit Consulting 145

Smart Data Collective

JUNE 23, 2022

It’s important to know that analytics is integral to every facet of car production, not only in supply chain optimization (more on that later). Risk Management. The automotive industry faces numerous risks, from missed production goals to mishaps on the factory floor. The Fundamentals.

Analytics 132

Analytics Manufacturing Internet of Things Advertising 132

CIO Business Intelligence

AUGUST 7, 2023

According to Rocket Software’s survey: Only 33% of respondents are extremely confident that they have the right technology/software in place to execute an effective approach to IT risk management. Only 28% of respondents are extremely confident they have the right people in place to execute an effective approach to IT risk management.

Risk 98

Risk IT Management Risk Management 98

Cloudera

JUNE 29, 2023

Implementing a modern data architecture makes it possible for financial institutions to break down legacy data silos, simplifying data management, governance, and integration — and driving down costs. However, because most institutions lack a modern data architecture , they struggle to manage, integrate and analyze financial data at pace.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

erwin

OCTOBER 17, 2019

The Regulatory Rationale for Integrating Data Management & Data Governance. Data security/risk management. When thousands of employees need to know what compliance processes to follow, such as those associated with regulations (e.g., GDPR, HIPAA, SOX, CCPA, etc.) EA should be commonplace in data security planning.

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

IBM Big Data Hub

APRIL 12, 2024

Breaking down traditional silos Many utility asset management organizations work in silos. Asset investment planning (AIP) tools bring value in optimizing various, sometimes conflicting, value drivers. The maintenance management and project planning systems load these tasks for execution by field service departments.

Optimization 81

Optimization Risk Risk Management Management 81

erwin

JULY 8, 2020

Business process modeling is also critical for risk management and regulatory compliance. For business process architects, being able to manage change and address key issues is what keeps the job function highly relevant to stakeholders. BPM for Regulatory Compliance.

Slice and Dice 136

Slice and Dice Modeling Digital Transformation Visualization 136

CIO Business Intelligence

NOVEMBER 3, 2023

For example, AI can quickly answer: what is the best strategy for optimizing savings in a rising market for a particular category? When in the thick of running a complex RFP, we might ask what combinations of suppliers give the best savings and lowest risk,” says Blake.

Digital Transformation 128

Digital Transformation Risk Management Risk Machine Learning 128

Cloudera

FEBRUARY 4, 2021

Cloudera comprehensively supports the demanding risk and compliance requirements of financial services and insurance organizations globally and it is an honor to receive this recognition. Supporting the industry’s risk data depository and data management needs. Risk management and models in a COVID-19 world.

Risk 88

Risk Marketing Technology Management 88

IBM Big Data Hub

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. In the age of digital transformation, the integration of advanced technologies like generative artificial intelligence brings a new era of innovation and optimization.

Forecasting 78

Forecasting Optimization Digital Transformation Risk 78