CIO Business Intelligence

JANUARY 24, 2024

“In construction, our teams are managing the construction of hundreds of projects happening at any one time,” she says. Our analytics capabilities identify potentially unsafe conditions so we can manage projects more safely and mitigate risks.” Put your data strategy in business turns. Hire the right architects.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

JANUARY 21, 2025

As gen AI heads to Gartners trough of disillusionment , CIOs should consider how to realign their 2025 strategies and roadmaps. The World Economic Forum shares some risks with AI agents , including improving transparency, establishing ethical guidelines, prioritizing data governance, improving security, and increasing education.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. Management. The Impact of COVID-19 on Financial Services & Risk Management. I collaborate with multiple stakeholders across many global companies enabling high impact business transformation strategies, and guiding them in their analytics journey.

Risk Management 128

Risk Management Risk Enterprise Management 128

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 119

Risk Risk Management Management Enterprise 119

CIO Business Intelligence

JULY 22, 2024

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. This has forced CIOs to question the resilience of their cloud environments and explore alternative strategies. Yes, they [enterprises] should revisit cloud strategies.

Strategy 143

Strategy Testing Risk Management Risk 143

CIO Business Intelligence

JULY 25, 2024

But the outage has also raised questions about enterprise cloud strategies and resurfaced debate about overly privileged software , as IT leaders look for takeaways from the disastrous event. It also highlights the downsides of concentration risk. What is concentration risk? Still, we must.

Risk 144

Risk Cost-Benefit Strategy Enterprise 144

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

Smart Data Collective

JUNE 19, 2022

AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. All companies require complex relationships with various suppliers and service providers to develop the products and services they offer to clients and customers — but those relationships always carry some risk.

Risk 144

Risk Cost-Benefit Risk Management Manufacturing 144

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. Conduct ESG assessments.

Risk Management 78

Risk Management Risk Management Metrics 78

BA Learnings

FEBRUARY 4, 2025

Market Growth : As industries like chemicals, mining, and energy recover and expand, the volume of hazardous liquids requiring transportation is set to rise, increasing the urgency for effective risk management strategies. Well-trained employees are better prepared to handle risks and ensure compliance with safety practices.

Risk 130

Risk Management Risk Management Strategy 130

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

APRIL 23, 2024

As CIO, you’re in the risk business. Or rather, every part of your responsibilities entails risk, whether you’re paying attention to it or not. There are, for example, those in leadership roles who, while promoting the value of risk-taking, also insist on “holding people accountable.” You can’t lose.

Risk 116

Risk IT Insurance Risk Management 116

bridgei2i

NOVEMBER 20, 2020

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

Risk Management 92

Risk Management Risk Management Metrics 92

CIO Business Intelligence

SEPTEMBER 13, 2024

For Kevin Torres, trying to modernize patient care while balancing considerable cybersecurity risks at MemorialCare, the integrated nonprofit health system based in Southern California, is a major challenge. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

Risk 128

Risk IT IoT Statistics 128

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

Smart Data Collective

FEBRUARY 28, 2023

One of the most important changes pertains to risk parity management. We are going to provide some insights on the benefits of using machine learning for risk parity analysis. However, before we get started, we will provide an overview of the concept of risk parity. What is risk parity? What is risk parity?

Machine Learning 117

Machine Learning Risk Cost-Benefit Marketing 117

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 48

Machine Learning Management Enterprise Risk Management 48

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

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

DataRobot Blog

APRIL 29, 2022

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. 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.

Risk 111

Risk Modeling IT Risk Management 111

O'Reilly on Data

DECEMBER 12, 2019

1] This includes C-suite executives, front-line data scientists, and risk, legal, and compliance personnel. These recommendations are based on our experience, both as a data scientist and as a lawyer, focused on managing the risks of deploying ML. That’s where remediation strategies come in. Sensitivity analysis.

Machine Learning 275

Machine Learning Modeling Testing Risk Management 275

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

CIO Business Intelligence

DECEMBER 10, 2024

CIOs have been able to ride the AI hype cycle to bolster investment in their gen AI strategies, but the AI honeymoon may soon be over, as Gartner recently placed gen AI at the peak of inflated expectations , with the trough of disillusionment not far behind. That doesnt mean investments will dry up overnight.

Sales 143

Sales Metrics Data-driven Measurement 143

IBM Big Data Hub

DECEMBER 8, 2023

.” This same sentiment can be true when it comes to a successful risk mitigation plan. 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.

Risk 67

Risk Strategy Risk Management Insurance 67

Smart Data Collective

SEPTEMBER 7, 2021

If the record has served its purpose in your office, keeping it around might be an unnecessary security risk. If you’re looking to circumvent the security risks of a traditional mail reception, consider investing in a virtual office like from iPostal1. Follow data security best practices when sending mail. Ensure you encrypt your data.

Strategy 140

Strategy Risk Measurement IT 140

CIO Business Intelligence

NOVEMBER 19, 2024

Clearing business strategy hurdles Choosing the right technologies to meet an organization’s unique AI goals is usually not straightforward. Their collaboration enables real-time delivery of insights for risk management, fraud detection, and customer personalization.

Analytics 97

Analytics Cost-Benefit Finance Data-driven 97

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. For this reason, it’s highly important to implement the correct strategies to minimize any potential breaches. By encouraging staff to make a report if they suspect a leak or have information relating to the potential misuse of data, can also reduce the risk of leaks occurring.

Risk 126

Risk Management Measurement Optimization 126

CIO Business Intelligence

MARCH 19, 2024

Ask your average schmo what the biggest risks of artificial intelligence are, and their answers will likely include: (1) AI will make us humans obsolete; (2) Skynet will become real, making us humans extinct; and maybe (3) deepfake authoring tools will be used by bad people to do bad things. Risks perceived by an average schmo 1.

Risk 124

Risk Machine Learning Risk Management Measurement 124

CIO Business Intelligence

MARCH 4, 2025

It identifies your organizations most critical functions and assesses the potential risks and impacts to income, opportunity, brand, service, mission, and people. It outlines strategies to ensure operations continue, minimize disruption, and drive preventative measures and contingency plans. Business priorities should guide it.

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

DECEMBER 15, 2022

To bring sustainability home, IVL sought to maximize the efficiency of its plants through digital transformation by replacing data silos with a single data source that would revolutionize enterprise asset management (EAM). This disparity could lead to minor or even catastrophic chemical releases. “In

Risk 98

Risk Digital Transformation Software ROI 98

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

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 145

Big Data Finance Risk Management Risk 145

CIO Business Intelligence

AUGUST 7, 2023

Organizations big and small, across every industry, need to manage IT risk. 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. trillion annually by 2025.

Risk 98

Risk IT Management Risk Management 98

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Waiting too long to start means risking having to play catch-up. AI-enabling on-premises software is preferable where there is some combination of incurring less disruption to operations, faster time to value, lower risk of failure and lower total cost of ownership relative to migrating to the cloud.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

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

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