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

DECEMBER 18, 2024

Financial institutions have an unprecedented opportunity to leverage AI/GenAI to expand services, drive massive productivity gains, mitigate risks, and reduce costs. GenAI is also helping to improve risk assessment via predictive analytics.

Forecasting 105

Forecasting Predictive Analytics Risk Finance 105

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

CIO Business Intelligence

DECEMBER 19, 2024

The power of AI operations (AIOps) and ServiceOps, including BMC Helix Discovery , can transform how you optimize IT operations (ITOps), change management, and service delivery. New migrations and continuous features were being deployed, and the team was unable to prioritize process optimization and noise reduction efforts.

IT 98

IT Insurance Cost-Benefit Optimization 98

CIO Business Intelligence

MARCH 4, 2025

The takeaway is clear: embrace deep tech now, or risk being left behind by those who do. Operational efficiency: Logistics firms employ AI route optimization, cutting fuel costs and improving delivery times. No wonder nearly every CEO is talking about AI: those who lag in AI adoption risk falling behind competitors capabilities.

Technology 118

Technology ROI Cost-Benefit Manufacturing 118

David Menninger's Analyst Perspectives

NOVEMBER 5, 2024

For this, another form of agentic artificial intelligence-assisted process management, which I’m calling generative automation, is necessary and often delivered as off-the-shelf functionality in business software. But, like most software, the devil is in the details.

Optimization 130

Optimization Machine Learning Software Interactive 130

CIO Business Intelligence

AUGUST 21, 2024

It can also be a software program or another computational entity — or a robot. Adding smarter AI also adds risk, of course. “At More recently, Hughes has begun building software to automate application deployment to the Google Cloud Platform and create CI/CD pipelines, while generating code using agents.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

JANUARY 6, 2025

One of them is Katherine Wetmur, CIO for cyber, data, risk, and resilience at Morgan Stanley. Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space.

IT 140

IT Cost-Benefit Measurement Experimentation 140

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?

Risk 120

Risk Risk Management Management Enterprise 120

CIO Business Intelligence

NOVEMBER 27, 2023

Developing and deploying successful AI can be an expensive process with a high risk of failure. Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. The possibilities are endless, but so are the pitfalls.

Risk 132

Risk Cost-Benefit Modeling Optimization 132

Smart Data Collective

AUGUST 30, 2023

Cloud technology has been instrumental in the software development sector. Steven Gage wrote a great article in Dice.com a few years ago on the benefits of cloud computing for software development. One of the benefits is by making DevOps easier to optimize. Keep reading to learn more. Also, how can cloud technology help?

Software 123

Software Technology Consulting Forecasting 123

O'Reilly on Data

JULY 28, 2020

If this sounds fanciful, it’s not hard to find AI systems that took inappropriate actions because they optimized a poorly thought-out metric. This isn’t always simple, since it doesn’t just take into account technical risk; it also has to account for social risk and reputational damage. This is particularly true for AI products.

Marketing 364

Marketing Experimentation Metrics Testing 364

CIO Business Intelligence

DECEMBER 3, 2024

But supporting a technology strategy that attempts to offset skills gaps by supplanting the need for those skills is also changing the fabric of IT careers — and the long-term prospects of those at risk of being automated out of work. In software development today, automated testing is already well established and accelerating.

IT 128

IT Testing Software Data-driven 128

Smart Data Collective

FEBRUARY 9, 2022

Luckily, there are a few analytics optimization strategies you can use to make life easy on your end. This is one of the biggest examples of the benefits of using software to improve your trading. Helps you to determine areas of abnormal losses and profits to optimize your trading algorithm.

Visualization 145

Visualization Optimization Analytics Testing 145

Smart Data Collective

SEPTEMBER 25, 2023

One of the ways they can improve on this is by using a Software Bill of Materials (SBOM). Understanding SBOM and Its Benefits for AI-Driven Cybersecurity In an era where software is integral to nearly every aspect of modern life, ensuring its security has become paramount.

Software 126

Software Risk Data-driven Strategy 126

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Artificial intelligence-enabled business applications have advanced considerably over the past year as software providers have added a steady stream of capabilities. This includes customer facing, financial, supply chain and workforce software. Waiting too long to start means risking having to play catch-up.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

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

NOVEMBER 19, 2024

“Robust cloud cost management tools and practices that foster collaboration between IT, finance, and business units can help ensure alignment and effective optimization of cloud investments,” notes Morris. Software limitations are another concern, especially when it comes to scaling AI and data-intensive workloads. “A

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

Smart Data Collective

FEBRUARY 14, 2023

Cloud computing is a term used to describe the use of computing resources, such as software, hardware, and storage, over the internet. However, it is important to understand the benefits and risks associated with cloud computing before making the commitment. An estimated 94% of enterprises rely on cloud computing.

Risk 119

Risk Cost-Benefit Software Technology 119

CIO Business Intelligence

MARCH 25, 2025

A good example is the automotive industry: vehicles, infrastructures and their users are increasingly software-controlled and networked. Only in this way can risks be minimized and the highest compliance standards guaranteed. For companies, however, they mean a considerable amount of additional work.

IT 95

IT Key Performance Indicator Risk Reporting 95

CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage.

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

JANUARY 21, 2025

New features in any software often come with risks, bugs and performance issues that take time to work out. Will AI-driven capabilities enhance your customer service, optimize operational processes, or unlock new revenue streams? A few examples are AI vector search, secure data encoding and natural language processing.

Cost-Benefit 97

Cost-Benefit ROI Data-driven Risk 97

CIO Business Intelligence

OCTOBER 2, 2023

Those changes can consist of software programs your organization didn’t intend or plan to use but may need today and software programs your organization thought they needed but no longer use or plan to use in the future. In fact, many Oracle licensees may find that over the life of the ULA contract, their needs may have changed.

ROI 104

ROI Optimization Enterprise Modeling 104

AWS Big Data

NOVEMBER 17, 2023

Starting today, the Athena SQL engine uses a cost-based optimizer (CBO), a new feature that uses table and column statistics stored in the AWS Glue Data Catalog as part of the table’s metadata. Let’s discuss some of the cost-based optimization techniques that contributed to improved query performance.

Optimization 130

Optimization Statistics Metadata Data Lake 130

CIO Business Intelligence

JANUARY 21, 2025

For example, companies can optimize time-to-value with standardized contracts and flexible payment options, allowing them to test software, pay as they go, negotiate custom terms, and save with volume pricing. Organizations procuring through AWS Marketplace reduce risk with centralized governance and control.

Cost-Benefit 98

Cost-Benefit Optimization Software Management 98

datapine

AUGUST 19, 2020

In our cutthroat digital economy, massive amounts of data are gathered, stored, analyzed, and optimized to deliver the best possible experience to customers and partners. At the same time, inventory metrics are needed to help managers and professionals in reaching established goals, optimizing processes, and increasing business value.

Metrics 286

Metrics KPI Cost-Benefit Dashboards 286

datapine

MAY 2, 2023

You can use big data analytics in logistics, for instance, to optimize routing, improve factory processes, and create razor-sharp efficiency across the entire supply chain. Your Chance: Want to test a professional logistics analytics software? A testament to the rising role of optimization in logistics.

Big Data 275

Big Data Internet of Things Cost-Benefit Optimization 275

Smart Data Collective

JULY 20, 2022

A growing number of businesses use big data technology to optimize efficiency. While there are various interpretations or models to address such problems, Lean Thinking can contribute to the implementation of more optimal projects for a business. Creating a map, a scheme or a software will allow for quicker identification of this.

Data-driven 133

Data-driven Optimization Big Data Data Strategy 133

Smart Data Collective

MARCH 27, 2023

billion on AI in 2021 , but small businesses may spend even more on AI-driven financial management software. Some of the benefits of AI in banking include: Banks use AI bots to onboard clients and analyze borrower risk. Many small businesses are investing in AI-driven financial management software. Planning out an expansion.

Software 118

Software Finance Cost-Benefit Data-driven 118

CIO Business Intelligence

JANUARY 24, 2024

The product — a building or bridge — might be physical but it can be represented digitally, through virtual design and construction, she says, with elements of automation that can optimize and streamline entire business processes for how physical products are delivered to clients. Hire the right architects.

Risk Management 119

Risk Management Risk Management Digital Transformation 119

CIO Business Intelligence

DECEMBER 20, 2023

At the same time, developers are scarce, and the demand for new software is high. Gartner’s surveys and data from client inquiries confirm that developer productivity remains a top priority for software engineering leaders.” Organizations need to get the most out of the limited number of developers they’ve got,” he says.

Measurement 125

Measurement Software IT Metrics 125

AWS Big Data

OCTOBER 9, 2024

We outline cost-optimization strategies and operational best practices achieved through a strong collaboration with their DevOps teams. We also discuss a data-driven approach using a hackathon focused on cost optimization along with Apache Spark and Apache HBase configuration optimization. This sped up their need to optimize.

Optimization 128

Optimization Testing Data-driven Strategy 128

O'Reilly on Data

FEBRUARY 18, 2020

Software architecture, infrastructure, and operations are each changing rapidly. The shift to cloud native design is transforming both software architecture and infrastructure and operations. There’s plenty of security risks for business executives, sysadmins, DBAs, developers, etc., to be wary of. Figure 1 (above).

Data-driven 363

Data-driven Software Statistics Marketing 363

CIO Business Intelligence

DECEMBER 18, 2023

While this model is not diminishing, new cloud-based software technologies are changing business needs and competitive realities are giving rise to alternative technology solutions business models. Software is starting to run through everything from on-premises to remote services and enables automation, analytics, insights and cybersecurity.

Software 119

Software Technology Digital Transformation Data-driven 119

IBM Big Data Hub

NOVEMBER 6, 2023

However, digital infrastructures are highly dependent on application programming interfaces — or APIs — to facilitate data transfers between software applications and between applications and end users. WAF security software can analyze incoming API requests and block malicious traffic before it reaches the server.

Optimization 113

Optimization Testing Software Risk 113

Cloudera

JANUARY 7, 2025

Adopting hybrid and multi-cloud models provides enterprises with flexibility, cost optimization, and a way to avoid vendor lock-in. Cost Savings: Hybrid and multi-cloud setups allow organizations to optimize workloads by selecting cost-effective platforms, reducing overall infrastructure costs while meeting performance needs.

Cost-Benefit 82

Cost-Benefit Optimization Strategy Data-driven 82

CIO Business Intelligence

OCTOBER 8, 2024

You risk adding to the hype where there will be no observable value. The learning phase Two key grounding musts: Non-mission critical workloads and (public) data Internal/private (closed) exposure This ensures no corporate information or systems will be exposed to any form of risk. Don’t (yet) worry about business use cases.

Risk 125

Risk Technology Cost-Benefit Internet of Things 125