CIO Business Intelligence

NOVEMBER 15, 2024

The board, formed in April, is made up of major software and hardware companies, critical infrastructure operators, public officials, the civil rights community, and academia, according to the release. Hopefully, we will see this framework continue to evolve.”

Risk 119

Risk Risk Management Strategy Reporting 119

Smart Data Collective

APRIL 22, 2020

Big data has turned the software industry on its head. The relationship between software development and big data is a two-way street. While many software developers are looking to create new applications that use big data, they are also using big data to streamline development. Development: This is where the program gets built.

Data-driven 115

Data-driven Software Big Data Testing 115

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

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. changes to the software’s inputs.

Machine Learning 52

Machine Learning Management Enterprise Risk Management 52

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

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. And because the software can be evaluated before investing, there is lower project risk.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

CIO Business Intelligence

FEBRUARY 21, 2025

Birmingham City Councils (BCC) troubled enterprise resource planning (ERP) system, built on Oracle software, has become a case study of how large-scale IT projects can go awry. There are multiple reports including one from a manager at BCC highlighting the discrepancies at the Council, way back in June 2023.

Reporting 90

Reporting Risk Testing Risk Management 90

O'Reilly on Data

DECEMBER 12, 2019

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. While our analysis of each method may appear technical, we believe that understanding the tools available, and how to use them, is critical for all risk management teams.

Machine Learning 282

Machine Learning Modeling Testing Risk Management 282

BA Learnings

JANUARY 10, 2018

Latent conditions can be highlighted and corrected via effective risk management before problems manifest in the system. Applying the Swiss cheese model is a form of proactive risk management that should be practised to prevent disaster. How does this affect business analysts?

Risk Management 183

Risk Management Risk Interactive Modeling 183

bridgei2i

SEPTEMBER 24, 2020

However, risk management is no way lagging. ERM or Enterprise Risk Management is being used to identify crises long before it blows up into a huge problem. AI is being used to assess, prioritize, and mitigate risks in the enterprise so that the business operations do not take a hit. Risk Management Model.

Risk Management 52

Risk Management Risk Enterprise Management 52

CIO Business Intelligence

FEBRUARY 22, 2024

The current marketplace for ESG solutions is rapidly evolving with both large incumbents and emerging startups pushing tools to market, from standalone software offerings, to ERP add-ons, to full ESG platforms and niche solutions. ESG software deployment is complex and, if done correctly, interwoven throughout enterprise systems,” she says.

Software 98

Software Reporting KPI Enterprise 98

John Wheeler

MARCH 5, 2021

Simply put, business leaders need a better way to manage risks. For them, the way forward is IRM – integrated risk management. Our clients are telling us that their risk management priorities have shifted dramatically due to COVID-19. Technology Outlook for Integrated Risk Management.

Risk Management 105

Risk Management Risk Technology Management 105

O'Reilly on Data

NOVEMBER 13, 2018

The main bottleneck here is speed: many researchers are actively investigating hardware and software tools that can speed up model inference (and perhaps even model building) on encrypted data. If machine learning is going to eat software , we will need to grapple with AI and ML security, too.

Machine Learning 277

Machine Learning Risk Management Statistics 277

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

CIO Business Intelligence

JANUARY 21, 2025

Gone are the days when simple firewalls and antivirus software could keep our digital assets safe. As the Global CISO at Synechron, a leading global digital transformation consulting firm, Aaron Momin is accountable and responsible for cyber risk management, information security, crisis management and business continuity planning.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

CIO Business Intelligence

JULY 23, 2024

One question CIOs need to consider today is whether code-generating AIs in software development are contributing to code-level technical debt. Businesses rely heavily on software for innovation and competition, which tends to be riddled with bad-quality code, leading to mounting technical debt,” says Andrea Malagodi, CIO of Sonar. “

Risk 142

Risk IT Risk Management Cost-Benefit 142

CIO Business Intelligence

DECEMBER 10, 2024

Abhi Maheshwari, CEO of AI software vendor Aisera, says, Gen AI provides many benefits for sales, and key metrics for assessing its impact include conversion rate, sales cycle length, average deal size, win rate, and lead volume.

Sales 143

Sales Metrics Data-driven Unstructured Data 143

Smart Data Collective

SEPTEMBER 17, 2020

Some prominent banking institutions have gone the extra mile and introduced software to analyze every document while recording any crucial information that these documents may carry. 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

JULY 22, 2024

The widespread disruption caused by the recent CrowdStrike software glitch, which led to a global outage of Windows systems, has sent shockwaves through the IT community. For CIOs, the event serves as a stark reminder of the inherent risks associated with over-reliance on a single vendor, particularly in the cloud.

Strategy 143

Strategy Testing Risk Management Risk 143

John Wheeler

SEPTEMBER 15, 2020

As the recovery efforts fully take hold in 2021, a deep understanding of the integrated nature of risks associated with business operations will take center stage. Those businesses that employ a “PRACtical” approach utilizing integrated risk management (IRM) will be in the best position to recover quicker and more successfully.

Risk Management 52

Risk Management Risk Management Business Objectives 52

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. “We

Risk Management 130

Risk Management Risk Enterprise Insurance 130

CIO Business Intelligence

MARCH 19, 2025

In a survey conducted by Rocket Software , respondents identified several benefits that motivated them to pursue AI initiatives. These include improvements to operational efficiency (56%), bolstering risk management (53%), and elevating decision-making (51%). Scalability, however, has proven to be a pain point for many leaders.

Analytics 52

Analytics Enterprise Risk Management Strategy 52

Smart Data Collective

MAY 4, 2023

As a result, third-party risk management (TPRM) has become a crucial aspect of enterprise risk management. We also explore the best vendor management software available for monitoring and assessing vendor security. Vendor security plays a pivotal role in third-party risk management.

Risk Management 114

Risk Management Key Performance Indicator Measurement Risk 114

CIO Business Intelligence

JANUARY 2, 2024

What CIOs need to do instead is to present IT infrastructure investment as an important corporate financial and risk management issue that the business can’t afford to ignore. From a financial and risk management standpoint, the building is a useless (and hazardous) asset that must be written off the books and remedied.

Risk 128

Risk IT Risk Management Sales 128

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

SEPTEMBER 14, 2023

To a large extent that’s on the money, as Nasdaq, which originated as a digital system for distributing market data in 1971, today owns and operates 27 stock exchanges and sells its exchange software to more than 100 exchanges globally. That’s because, says Peterson, Nasdaq’s tech stack is the best exchange software out there. “As

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

CIO Business Intelligence

JUNE 23, 2023

To gain a better understanding of what IT leaders are focused on when it comes to modernization Rocket Software conducted a survey of 275 U.S.-based Risk Management: Risk management is a critical focus for technology professionals. based IT directors and vice presidents in companies with more than 1,000 employees.

IT 98

IT Risk Management Risk Optimization 98

John Wheeler

DECEMBER 31, 2020

As a result, integrated risk management (IRM) topped our list in 2020. Technologies such as smart spaces , digital risk management (DRM) , secure access service edge (SASE) and zero trust network access (ZTNA) are emerging as critical needs in this new working environment.

Technology 86

Technology Risk Management Digital Transformation Risk 86

Smart Data Collective

JULY 4, 2021

Business-to-business (B2B) transactions are becoming faster and more secure thanks to various apps and software. There are sources that feature a list of CMMS tools or more commonly known as CMMS software. . Partnered with natural language processing (NLP), AI software can pull relevant information from sets of unstructured data.

Machine Learning 143

Machine Learning Management B2B Unstructured Data 143

CIO Business Intelligence

MARCH 15, 2023

Securing the software supply chain The Log4j vulnerability that reared its ugly head in late 2021 showed a bright light on the problem of software supply chain security. Most commercial enterprise software products and nearly all open-source ones depend upon numerous software packages and libraries.

Digital Transformation 126

Digital Transformation Risk Risk Management Strategy 126

John Wheeler

MARCH 6, 2019

It has been 5 years since Gartner embarked on the journey to enhance our coverage of the risk management technology marketplace. That journey included in-depth survey research and countless interactions with our end-user clients to understand their need to better manage strategic, operational and IT/cybersecurity risks.

Risk Management 77

Risk Management Risk Data-driven Marketing 77

CIO Business Intelligence

JULY 1, 2024

“In addition to having remediation and mitigation steps in place, it is important to accept that AI itself can be used to monitor live systems, report incidents, and even help manage risk by providing automated solutions or fixes,” said Jain.

Reporting 129

Reporting Risk Management Experimentation Risk 129

CIO Business Intelligence

DECEMBER 4, 2022

Zero Trust isn’t a software in itself, but a strategy. Meeting the mandate will mean using a number of approaches, techniques and software types. The challenge only grows for those working piecemeal, without an overarching plan for using software and platforms that work together.

Risk Management 104

Risk Management Risk Machine Learning Strategy 104

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

JUNE 8, 2023

Skills such as software engineering, architecture, cloud, and program management are highly sought after as more companies explore creating both internal and external applications and solutions. Relevant skills for DevOps Engineers include automation, software development, system administration skills, and cloud computing.

IT 140

IT Digital Transformation Software Risk 140

John Wheeler

NOVEMBER 29, 2018

One of the most common questions I receive from software vendors has to be “what’s the difference between governance, risk and compliance (GRC) and integrated risk management (IRM) solutions?” Gartner has been publishing research about integrated risk management (IRM) for the past two years.

Software 40

Software Risk Management Risk Marketing 40

CIO Business Intelligence

AUGUST 7, 2023

Rocket Software recently surveyed 275 U.S.-based based IT directors and vice presidents in companies with more than 1,000 employees to determine what keeps them up at night—and it comes as no surprise that one of their biggest nightmares is managing IT risk. But IT risk extends beyond cyberattacks by bad actors.

Risk 98

Risk IT Management Risk Management 98