Remove Risk Remove Strategy Remove Testing
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7 risk management rules every CIO should follow

CIO Business Intelligence

Risk is inescapable. A PwC Global Risk Survey found that 75% of risk leaders claim that financial pressures limit their ability to invest in the advanced technology needed to assess and monitor risks. Yet failing to successfully address risk with an effective risk management program is courting disaster.

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10 AI strategy questions every CIO must answer

CIO Business Intelligence

To counter such statistics, CIOs say they and their C-suite colleagues are devising more thoughtful strategies. Here are 10 questions CIOs, researchers, and advisers say are worth asking and answering about your organizations AI strategies. How does our AI strategy support our business objectives, and how do we measure its value?

Strategy 141
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Risk Management for AI Chatbots

O'Reilly on Data

Welcome to your company’s new AI risk management nightmare. Before you give up on your dreams of releasing an AI chatbot, remember: no risk, no reward. The core idea of risk management is that you don’t win by saying “no” to everything. Why not take the extra time to test for problems?

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How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

This year saw emerging risks posed by AI , disastrous outages like the CrowdStrike incident , and surmounting software supply chain frailties , as well as the risk of cyberattacks and quantum computing breaking todays most advanced encryption algorithms. To respond, CIOs are doubling down on organizational resilience.

Risk 105
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Put Your Data to Work: The Complete Playbook

They rely on data to power products, business insights, and marketing strategy. From search engines to navigation systems, data is used to fuel products, manage risk, inform business strategy, create competitive analysis reports, provide direct marketing services, and much more.

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Business Strategies for Deploying Disruptive Tech: Generative AI and ChatGPT

Rocket-Powered Data Science

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? Test early and often. Test and refine the chatbot. Expect continuous improvement.

Strategy 290
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88% of AI pilots fail to reach production — but that’s not all on IT

CIO Business Intelligence

The proof of concept (POC) has become a key facet of CIOs AI strategies, providing a low-stakes way to test AI use cases without full commitment. Companies pilot-to-production rates can vary based on how each enterprise calculates ROI especially if they have differing risk appetites around AI. Its going to vary dramatically.

ROI 127