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

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 76

Risk Management Risk Management Measurement 76

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. Focusing on ESG Risk Management can help your organization become more profitable, and your organization can start on this journey today.

Risk Management 78

Risk Management Risk Management Metrics 78

CIO Business Intelligence

JULY 13, 2022

Metrics that create a narrative and show how the business compares to competitors, the wider industry, and globally against all businesses give a clear picture that allows board members to set strategy. The day continues with Doug Fisher, SVP and CSO at Lenovo , who will share his strategies for strong security leadership.

Strategy 124

Strategy Metrics Risk Risk Management 124

Smart Data Collective

SEPTEMBER 13, 2021

Common strategies for data loss prevention and why organizations should adopt them. In addition, they can use several strategies to manage data breaches. Among the various strategies, regular data backup is one of the critical strategies organizations should implement. Data backup and encryption.

Risk 134

Risk Strategy Enterprise Finance 134

IBM Big Data Hub

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. In sourcing strategy, blockchain technology helps track orders, payments, accounts and more. Blockchain Information is an invaluable business asset.

Strategy 94

Strategy Technology Cost-Benefit Risk Management 94

Smart Data Collective

SEPTEMBER 7, 2021

By following the strategies above, you can rest easy knowing that your business data is safe and sound. The post 5 Strategies For Keeping Your Company’s Sensitive Data Secure appeared first on SmartData Collective. Only you can keep your company’s data secure.

Strategy 132

Strategy Risk Measurement IT 132

IBM Big Data Hub

OCTOBER 23, 2023

71% of executives think it’s difficult to realize the full potential of a digital transformation without having a solid hybrid cloud strategy in place. [1] But what does such a strategy entail? There are three keys to developing a successful hybrid cloud risk management strategy : security, compliance and resiliency.

Risk 84

Risk Strategy Risk Management Digital Transformation 84

CIO Business Intelligence

NOVEMBER 11, 2024

In today’s fast-paced digital environment, enterprises increasingly leverage AI and analytics to strengthen their risk management strategies. While AI offers a powerful means to anticipate and address risks, it also introduces new challenges. We need to have a unified strategy which is required to scale,” he remarked.

Risk Management 59

Risk Management Risk Management Data-driven 59

IBM Big Data Hub

MAY 28, 2024

While every data protection strategy is unique, below are several key components and best practices to consider when building one for your organization. What is a data protection strategy? Why it’s important for your security strategy Data powers much of the world economy—and unfortunately, cybercriminals know its value.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

CIO Business Intelligence

JULY 23, 2024

CIOs facing a growing IT landscape of monitoring tools and alerts may want to investigate AIops solutions , which help centralize observability data and use machine learning to correlate the high volumes of systems alerts into a smaller number of manageable incidents. This holistic strategy ensures resilience and long-term success.”

Risk 142

Risk IT Risk Management Cost-Benefit 142

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

JULY 31, 2023

They note, too, that CIOs — being top technologists within their organizations — will be running point on those concerns as companies establish their gen AI strategies. Here’s a rundown of the top 20 issues shaping gen AI strategies today. Douglas Merrill, a partner at management consulting firm McKinsey & Co.,

Strategy 98

Strategy Risk Enterprise Risk Management 98

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

Smart Data Collective

SEPTEMBER 17, 2020

Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. There is significant competition in the industry, and emerging tactics and strategies must be accepted to survive the market competition. The Role of Big Data. Perks Associated with Big Data.

Big Data 144

Big Data Finance Risk Management Risk 144

IBM Big Data Hub

JANUARY 30, 2024

To overcome various challenges associated with multicloud , organizations need to map out a comprehensive multicloud management strategy to achieve overall success. While each multicloud journey is unique, here are eight fundamental steps for creating a successful multicloud strategy: 1. What is multicloud architecture?

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

IBM Big Data Hub

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Strategy 81

Strategy Management Forecasting Internet of Things 81

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

IBM Big Data Hub

DECEMBER 8, 2023

The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events. Contingency plans should be in place if something drastic changes or risk events occur.

Risk 67

Risk Strategy Risk Management Insurance 67

O'Reilly on Data

JULY 15, 2019

A look at how guidelines from regulated industries can help shape your ML strategy. 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.

Machine Learning 38

Machine Learning Management Enterprise Risk Management 38

CIO Business Intelligence

MARCH 18, 2024

The regulation requires EU financial entities and their critical ICT providers to adopt comprehensive information and communications technology (ICT) risk management capabilities into their security processes. So, with no time to waste, where should they get started? Is your IT security infrastructure ready for future regulations?

Risk Management 120

Risk Management Insurance Risk Testing 120

CIO Business Intelligence

SEPTEMBER 10, 2024

Managing cybersecurity and other technology risks will be top of mind for CIOs in 2025 across Australia and New Zealand (ANZ), with 82% of 109 respondents saying it is a key priority for next year, according to Gartner.

Uncertainty 132

Uncertainty Risk Management Risk Management 132

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. What is GRC? GRC is overarching. Why is GRC important?

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

OCTOBER 12, 2022

The boardroom is becoming savvier to the impact that technology has on the business’ strategic outcomes, so CIOs and other tech leaders have the opportunity to demonstrate how impactful their work is to lead the technology, strategy, implementation, and execution for the company. That all comes with a ton of governance principles.

Strategy 98

Strategy Consulting Technology Risk Management 98

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. What can you do?

Machine Learning 196

Machine Learning Modeling Testing Risk Management 196

IBM Big Data Hub

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

Strategy 65

Strategy Cost-Benefit Key Performance Indicator Consulting 65

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 Risk Cost-Benefit Technology 138

Smart Data Collective

AUGUST 4, 2023

Many businesses have at least some kinds of cybersecurity plan in place, but not all cybersecurity strategies are equally thorough. Most business decision makers suffer from blind spots and biases that cause them to neglect or underestimate certain risks. These are the best strategies to utilize: Work with an external team.

Strategy 87

Strategy Risk Consulting Risk Management 87

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.

Risk Management 130

Risk Management Risk Enterprise Insurance 130

CIO Business Intelligence

MAY 20, 2024

The CIO position has morphed since its inception 40 years ago, shifting from a nuts-and-bolts techie job to an increasingly business- and strategy-focused executive role. Risk management came in at No. Artificial Intelligence, Business IT Alignment, Data and Information Security, IT Leadership, IT Strategy For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. CIOs should look for other operational and risk management practices to complement transformation programs.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

MARCH 15, 2023

The malware itself continues to evolve, as do the criminal strategies of the perpetrators. The most familiar strategy–encrypting files on servers and then demanding a ransom for the decryption key–is but one approach among many. Such is the nature of cybersecurity risk management.

Digital Transformation 126

Digital Transformation Risk Risk Management Strategy 126

CIO Business Intelligence

JUNE 27, 2024

Effective risk management will be crucial for addressing legal and reputational risks, and innovation strategies may require adjustments to comply with regulatory standards. Dai suggested that AI security and governance leaders should align with business strategy and develop comprehensive risk mitigation frameworks.

Risk 128

Risk Measurement Risk Management Strategy 128

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

AUGUST 5, 2022

Further, the report said that 90% of respondents claimed a multicloud strategy is working for their enterprises. This contrasts with just 53% of respondents claiming that such a strategy was working for them in last year’s survey. Multicloud infrastructure works for most enterprises.

Reporting 124

Reporting Enterprise Cost-Benefit Digital Transformation 124

DataRobot Blog

APRIL 29, 2022

The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

Risk 111

Risk Modeling IT Risk Management 111