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

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge.

Risk Management 78

Risk Management Risk Management Metrics 78

CIO Business Intelligence

JULY 5, 2024

So many vendors, applications, and use cases, and so little time, and it permeates everything from business strategy and processes, to products and services. This is why many enterprises are seeing a lot of energy and excitement around use cases, yet are still struggling to realize ROI.

ROI 124

ROI Experimentation Risk Cost-Benefit 124

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. Most data management conferences and forums focus on AI, governance and security, with little emphasis on ESG-related data strategies.

IT 59

IT Data Governance Data-driven Metrics 59

CIO Business Intelligence

SEPTEMBER 6, 2023

The value of addressing cybersecurity issues through ongoing discussions is getting corporate alignment on effective and robust strategies, says Roger Albrecht, co-lead of the cybersecurity unit at technology research and advisory firm ISG. Are our systems adequately modernized for security? What would be the next steps?

IT 142

IT ROI Risk Strategy 142

CIO Business Intelligence

OCTOBER 30, 2023

We need to build in the ability to change and react to change across all aspects of our organizations’ strategy, business model, operating model, processes, products, and services. 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

MARCH 12, 2024

With greater scrutiny on margins and ROI, CIOs must spend wisely, making today’s economic environment a more difficult one for selling preemptive projects that don’t produce immediate ROI. Here are three strategies for getting it done. When these additional costs appear, the original ROI prognosticators get unhappy.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

MAY 9, 2024

They should lead the efforts to tie AI capabilities to data analytics and business process strategies and champion an AI-first mindset throughout the organization. And they must develop and upskill talent to ensure the workforce is well-versed in the innovation and risk associated with AI use. Artificial Intelligence, IT Leadership

Risk Management 138

Risk Management Cost-Benefit Risk Technology 138

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. times higher ROI. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

CIO Business Intelligence

MAY 13, 2024

Corporate and IT strategy are one, and technology is the tool to deliver strategic objectives. The Conference Board’s C-Suite Outlook 2024 , which surveyed 1,200-plus global executives, found that investing in AI is a top strategy for enabling long-term revenue growth, innovation, and digital transformation.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

APRIL 11, 2022

From front office to back office, the CIO needs to operationalize strategy and be a change agent , driving new skills and talent into the business. The key to success, Scheefer believes, is to become the C-suite’s vehicle for driving business strategy and transformation at pace and scale. Sharpen your strategy.

Cost-Benefit 119

Cost-Benefit Digital Transformation Strategy Consulting 119

CIO Business Intelligence

SEPTEMBER 30, 2024

CIO.com / Foundry They also cited AI/ML capabilities in specific areas — such as risk management, fraud detection, smart manufacturing, predictive maintenance, quality control, and personalized employee engagement — as fueling transformation.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

DECEMBER 9, 2024

If you owe the bank $10 million, then theyve got a problem.The demonstrable, defensible ROI for genAI technologies has been shaky at best.Sequoia Capital reportedly estimated that the AI industry spent $50 billion on Nvidia chips last year, but only realized some $3 billion in revenue.

ROI 98

ROI Risk Finance Marketing 98

CIO Business Intelligence

DECEMBER 8, 2022

The technology stack is complemented by professional services from strategy through to execution to ensure that the data is actionable and that there is a clear ROI. One of the biggest challenges of IoT is proving ROI,” says Devin Yaung, SVP, Group Enterprise IoT Products and Services at NTT. Edge Computing.

IoT 101

IoT ROI Cost-Benefit Risk 101

CIO Business Intelligence

JULY 26, 2024

The decisive factors are responsibility for the transformation, mostly locating centrally the downstream management of the new IT operating models, and the inclusion of important departments such as legal, compliance and risk management. Around 13% of users say they’ll pursue a rigid cloud-only strategy in the future.

Digital Transformation 143

Digital Transformation Cost-Benefit Data Processing Risk 143

CIO Business Intelligence

JUNE 12, 2023

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. COBIT 2019 was introduced to build governance strategies that are more flexible and collaborative and that address new and changing technology.

Risk Management 94

Risk Management Strategy Digital Transformation Enterprise 94

CIO Business Intelligence

DECEMBER 29, 2023

Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In CIOs will feel pressure to help develop strategies around it to stay ahead of competitors and enable their business.” These priorities must fundamentally tie back to the business’ priorities and goals,” she says.

Cost-Benefit 139

Cost-Benefit Digital Transformation Consulting Strategy 139

CIO Business Intelligence

DECEMBER 15, 2022

Additionally, striving for continuous improvement, we were looking for a solution to take our existing mechanical integrity program and strategies and integrate them with our maintenance and business processes.” About four years ago, IVL expanded the use of risk acceptance at its PNO facility in Texas to establish next-inspection plans.

Risk 98

Risk Digital Transformation Software ROI 98

CIO Business Intelligence

MAY 11, 2022

Asking the right questions to understand the business’ strategy and implementing architecture that supports the technology of the future is fundamental. Understanding business requirements, from technology recovery requirements to data loss tolerance, enables a dynamic technology strategy that morphs with the changing needs of the business.

Management 98

Management Insurance Testing Finance 98

Smart Data Collective

DECEMBER 17, 2021

This should be an important part of your disaster recovery strategy. In professional terms, it is called TCO and ROI, the overall investment cost and return on investment. Recovering data from the cloud is much faster; it does not require the time to transport, dispose of and find tapes from the tape storage point. Security.

Cost-Benefit 126

Cost-Benefit Big Data Measurement ROI 126

Sisense

AUGUST 19, 2021

Buying analytics instead of building them helps companies go to market faster, see ROI from analytics sooner, focus on their core competency, benefit from incremental improvements over time, and much more. The solution: Buy and embed an industry-leading analytics platform into your core offering.

ROI 98

ROI Cost-Benefit Marketing Testing 98

John Wheeler

OCTOBER 21, 2019

A common theme is the need for greater risk quantification beyond the realm of traditional, qualitative governance, risk and compliance (GRC) approaches. Digital Risk Management – Gartner. Doing so will allow for a proper ROI analysis detailing the potential for profit maximization.

Risk 53

Risk Risk Management Digital Transformation Insurance 53

erwin

MARCH 12, 2020

It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management.

Enterprise 85

Enterprise Reporting Management ROI 85

Cloudera

NOVEMBER 25, 2021

Protect: security needs including risk management, fraud detection and cybersecurity initiatives through risk modelling and analysis, regulatory compliance, and financial crime prevention. . Grow: flexibility and control allowing customers to manage costs and auto-scale and suspend or resume execution.

Machine Learning 90

Machine Learning IoT Risk Business Objectives 90

CIO Business Intelligence

MARCH 21, 2022

Functional tasks also consumed a large part of the CIO agenda this year, cited by 84% of survey respondents, with security management (51%), improving IT operations and systems performance (43%), and controlling costs and expense management (29%) among the top imperatives. Skyworks is both adopting a defensive posture (i.e.,

IT 131

IT Digital Transformation Consulting Manufacturing 131

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

IT 111

IT Cost-Benefit Risk Consulting 111

Octopai

FEBRUARY 21, 2022

But since lucky stars are generally frowned upon as a risk management strategy, we highly recommend you plan out your cloud migration process. Sorting through your data assets and processes has a direct impact on the ROI and success of your migration. Cranky employees tend to have a negative impact on your ROI.

Recreation/Entertainment 98

Recreation/Entertainment Cost-Benefit ROI Reporting 98

IBM Big Data Hub

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. Risk management and controls are an imperative in F&A. Apply the controllership lens.

Finance 56

Finance Consulting Data-driven Risk 56

IBM Big Data Hub

MARCH 26, 2024

Maximizing value with a holistic strategy The first step in maximizing that dual value is upfront due diligence to assess the current state of reporting readiness, alignment between ESG requirements and voluntary sustainability initiatives, and consider how to drive acceleration with future-proofed solutions.

Measurement 60

Measurement Metrics Strategy Reporting 60

IBM Big Data Hub

AUGUST 28, 2023

With nearly 5 billion users worldwide—more than 60% of the global population —social media platforms have become a vast source of data that businesses can leverage for improved customer satisfaction, better marketing strategies and faster overall business growth.

Data mining 53

Data mining Machine Learning Deep Learning Marketing 53

Andrew White

JANUARY 11, 2021

Do you recommend a consulting approach strategy rather than a CDO strategy? How do you think Technology Business Management plays into this strategy? As such any Data and Analytics strategy needs to incorporate data sovereignty as per of its D&A governance program. Value Management or monetization.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52

CIO Business Intelligence

JULY 10, 2024

The only significant increase in risk mitigation was in accuracy, where 38% of respondents said they were working on reducing risk of hallucinations, up from 32% last year. However, organizations that followed risk management best practices saw the highest returns from their investments.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

CIO Business Intelligence

AUGUST 7, 2024

Barnett recognized the need for a disaster recovery strategy to address that vulnerability and help prevent significant disruptions to the 4 million-plus patients Baptist Memorial serves. We are looking for good ROI use cases for AI, and we saw this as a worthy use case to chase,” he adds. Indeed, the company has reaped big returns.

IT 119

IT Insurance Cost-Benefit Testing 119

Corinium

APRIL 25, 2019

I am head of Products here, which comprises of R&D, Product Management and Global Customer support. Most of my days focus on understanding what’s happening in the market, defining overall product strategy and direction, and translating into execution across the various teams. And then there is the Cloud.

Insurance 150

Insurance Risk IoT Data-driven 150

CIO Business Intelligence

MARCH 13, 2024

At Gallagher, a global insurance brokerage, risk management, and consulting services firm, executive search practice managing director Tom Wilson says his team uses gen AI for research and written communications. Artificial Intelligence, CIO, Generative AI, IT Leadership, ROI and Metrics, Software Development

IT 128

IT Consulting Testing Cost-Benefit 128

Jet Global

JANUARY 14, 2025

Measurable ROI Finance teams are set to transform their financial reporting strategies this year, driven by a challenging economic climate. Modern financial performance management platforms are stepping up with powerful tools to streamline workflows, foster seamless collaboration, and deliver real-time insights.

Finance 52

Finance Reporting Cost-Benefit Software 52

CIO Business Intelligence

JANUARY 22, 2025

Moreover, 69% of respondents reported that fully implementing a governance strategy to support their gen AI efforts would take more than a year to resolve. Deloitte found almost all organizations had measurable ROI for their gen AI efforts over the course of the year, with 20% of respondents generating an ROI of 31% or more.

ROI 134

ROI Reporting Enterprise Risk Management 134