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

Cloudera

JULY 15, 2021

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 103

Risk Optimization Management Insurance 103

CIO Business Intelligence

NOVEMBER 4, 2024

IDC, for instance, recommends the NIST AI Risk Management Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites best practices for some aspects of AI governance in “ IDC PeerScape: Practices for Securing AI Models and Applications.”

Uncertainty 137

Uncertainty Cost-Benefit Risk Experimentation 137

Rocket-Powered Data Science

FEBRUARY 15, 2023

3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? Those F’s are: Fragility, Friction, and FUD (Fear, Uncertainty, Doubt). (2) Why should your organization be doing it and why should your people commit to it? (3)

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

NOVEMBER 4, 2024

News accounts that raise the possibility of increased prices, lack of innovation, and reduced support from a critical IT vendor suggest risks that CIOs and other C-level executives (CXOs) simply cannot ignore. The risks are substantial. For forward-thinking CXOs, this transition period is not just about mitigating risks.

Risk 98

Risk Enterprise Uncertainty Testing 98

CIO Business Intelligence

MARCH 15, 2023

The pressure is on to navigate economic uncertainty. Solicit input from trusted deputies and document the risks and implications of specific line items. Gartner’s downward revision of projected worldwide IT spending in 2023 from 5.1% To get here, we recommend inventorying spend across all categories (labor, projects, technology, etc.)

Uncertainty 98

Uncertainty Cost-Benefit Forecasting Insurance 98

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Take Responsibility for Risk Oversight. Take Responsibility for Risk Oversight. Foster an Appropriate Risk Mindset.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

CIO Business Intelligence

DECEMBER 5, 2024

The reversal calmed immediate fears of an extended crisis, but the political instability sent ripples through financial markets and heightened uncertainty for South Korea’s role as a global technology hub. The stalemate is far from over, with uncertainty prevailing amid growing calls for the president’s impeachment.

Uncertainty 111

Uncertainty Risk Strategy Manufacturing 111

O'Reilly on Data

MARCH 31, 2020

Machine learning adds uncertainty. Underneath this uncertainty lies further uncertainty in the development process itself. There are strategies for dealing with all of this uncertainty–starting with the proverb from the early days of Agile: “ do the simplest thing that could possibly work.”

Management 338

Management Machine Learning Experimentation Metrics 338

John Wheeler

JANUARY 31, 2021

Regulations were set aside and associated technological and business risks were given low priority to help with the larger effort to “slow the spread” of the virus. No doubt, 2021 will be the year of uncertainty and change. A focus on performance and assurance helps to reduce uncertainty related to strategic goals.

Uncertainty 59

Uncertainty Risk Management Risk Forecasting 59

bridgei2i

JUNE 2, 2020

Episode 7: The Impact of COVID-19 on Financial Services & Risk. The Impact of COVID-19 on Financial Services & Risk Management. And then there’s uncertainty on when this will come back to normal, what will it settle down as, etc. Now, the first of those areas is definitely risk and portfolio management.

Risk Management 128

Risk Management Risk Enterprise Management 128

Aryng

JANUARY 8, 2024

Does it seem like 2024 is starting with more uncertainty compared to previous years? In times of great uncertainty leaders have to scrutinize the investment in strategic initiatives. Whether to risk […] The post Data Literacy Planning 2024: Adapting to Economic Uncertainty appeared first on Aryng's Blog.

Uncertainty 52

Uncertainty Risk IT Data Science 52

O'Reilly on Data

JUNE 15, 2023

Should we risk loss of control of our civilization?” In the absence of operational detail from those who actually create and manage advanced AI systems, we run the risk that regulators and advocacy groups “ hallucinate ” much like Large Language Models do, and fill the gaps in their knowledge with seemingly plausible but impractical ideas.

Metrics 289

Metrics Reporting Measurement Finance 289

CIO Business Intelligence

JULY 18, 2022

According to John-David Lovelock, research vice president at Gartner, inflationary pressures are top-of-mind for most IT decision-makers at the moment, which creates a degree of uncertainty—high prices today could become even higher tomorrow. in 2022, according to Gartner.

IT 144

IT Uncertainty Sales Data-driven 144

O'Reilly on Data

SEPTEMBER 15, 2020

Technical competence results in reduced risk and uncertainty. AI initiatives may also require significant considerations for governance, compliance, ethics, cost, and risk. There’s a lot of overlap between these factors. Defining them precisely isn’t as important as the fact that you need all three.

Advertising 299

Advertising Cost-Benefit ROI Machine Learning 299

Cloudera

JUNE 1, 2021

In summary, the next chapter for Cloudera will allow us to concentrate our efforts on strategic business opportunities and take thoughtful risks that help accelerate growth. Our partnership with CD&R and KKR will enable us to pursue exciting new markets that offer tremendous growth opportunities. .

Uncertainty 144

Uncertainty Cost-Benefit Risk Strategy 144

Smart Data Collective

JULY 31, 2022

Predictive analytics tools can be particularly valuable during periods of economic uncertainty. Predictive Analytics Helps Traders Deal with Market Uncertainty. However, predictive analytics will probably be even more important as global uncertainty is higher than ever. Analytics Vidhya, Neptune.AI

Predictive Analytics 141

Predictive Analytics Analytics Uncertainty Forecasting 141

O'Reilly on Data

DECEMBER 9, 2019

Because of this trifecta of errors, we need dynamic models that quantify the uncertainty inherent in our financial estimates and predictions. Practitioners in all social sciences, especially financial economics, use confidence intervals to quantify the uncertainty in their estimates and predictions. and an error term ??

Statistics 27

Statistics Uncertainty Risk Marketing 27

Jedox

APRIL 21, 2020

In the face of unprecedented uncertainty, the question is how to quickly evaluate risk, opportunities and competitively allocate capital. At the fund level, great uncertainty demands continual strategic and portfolio reviews to manage liquidity, identify assets at risk, and understand growth challenges.

Uncertainty 52

Uncertainty Modeling Management Finance 52

DataRobot

AUGUST 5, 2021

After Banjo CEO Damien Patton was exposed as a member of the Ku Klux Klan, including involvement in an anti-Semitic drive-by shooting, the state put the contract on hold and called in the state auditor to check for algorithmic bias and privacy risks in the software. The good news was the software posed less risk to privacy than suspected.

Uncertainty 98

Uncertainty Sales Risk Statistics 98

O'Reilly on Data

JULY 20, 2021

It comes down to a key question: is the risk associated with an action greater than the trust we have that the person performing the action is who they say they are? When we consider the risk associated with an action, we need to understand its privacy implications. There is a tradeoff between the trust and risk. Source: [link].

Risk 306

Risk Software Interactive Modeling 306

CIO Business Intelligence

APRIL 1, 2024

Deloitte 2 meanwhile found that 41% of business and technology leaders said a lack of talent, governance, and risks are barriers to broader GenAI adoption. However such fear, uncertainty, and doubt (FUD) can make it harder for IT to secure the necessary budget and resources to build services. Right-size your model(s).

Uncertainty 142

Uncertainty Data Lake Consulting Risk 142

CIO Business Intelligence

JUNE 22, 2022

Unfortunately, many organizations find themselves susceptible to the tactics used by consultants to manage their risk and optimize a commercial arrangement to their benefit. Consultants will also leverage their confidence with senior leadership to strengthen their ability to expose program risks and mitigate risk to their firm. .

Consulting 128

Consulting Uncertainty Cost-Benefit Risk 128

CIO Business Intelligence

FEBRUARY 1, 2023

Interest in digital transformation has also merged with the need to rebuild organisations after a period of disruption caused by the pandemic, supply chain and employee shortages, and economic uncertainty. However, these problems have also encouraged new thinking and problem solving. How do organisations understand digital transformation?

Digital Transformation 115

Digital Transformation Uncertainty IoT Risk 115

The Data Visualisation Catalogue

OCTOBER 18, 2024

A Fan Chart is a visualisation tool used in time series analysis to display forecasts and associated uncertainties. Each shaded area shows the range of possible future outcomes and represents different levels of uncertainty with the darker shades indicating higher levels of probability.

Snapshot 83

Snapshot Uncertainty Forecasting Risk 83

O'Reilly on Data

JANUARY 22, 2019

All models, therefore, need to quantify the uncertainty inherent in their predictions. Yet, finance textbooks, programs, and professionals continue to use the normal distribution in their asset valuation and risk models because of its simplicity and analytical tractability. Let’s consider a specific example of interest rates.

Modeling 135

Modeling Finance Uncertainty Data mining 135

CIO Business Intelligence

JANUARY 11, 2024

Our biggest blocker to unleashing the power of AI is uncertainty over the integrity of the dataset it’s working from,” Dan Cohen, CIO and director of operations at The Amenity Collective, says in the report. Ensuring data integrity is part of a broader governance approach organizations will require to deploy and manage AI responsibly.

Enterprise 128

Enterprise Uncertainty Reporting Risk Management 128

CIO Business Intelligence

MARCH 10, 2023

These, in turn, have brought with them an increase in new threats, risks, and cybercrime. As organizations emerge post-pandemic, many of the risks and uncertainties manifested during that period will persist, including the hybrid workforce, supply chain risk, and other cybersecurity challenges.

Digital Transformation 143

Digital Transformation Cost-Benefit ROI Risk 143

CIO Business Intelligence

AUGUST 22, 2024

Even with global economic uncertainties, organizations that aren’t investing in AI risk getting left behind, he adds. Stone also predicts IT spending to increase at many organizations as they focus on modernizing outdated systems, reducing technical debt, creating new revenue streams, and building the foundation to adopt gen AI.

Strategy 133

Strategy IT Uncertainty Software 133

CIO Business Intelligence

DECEMBER 5, 2024

The high uncertainty rate around AI project success likely indicates that organizations haven’t established clear boundaries between proprietary information, customer data, and AI model training.” This uncertainty can lead to wasted resources and even more importantly, missed opportunities for improvement.”

Metrics 124

Metrics Uncertainty Consulting KPI 124

CIO Business Intelligence

MAY 23, 2023

These risks, as well as other risks related to the proposed transaction, are included in the registration statement on Form S-4 and proxy statement/prospectus that has been filed with the Securities and Exchange Commission (“SEC”) in connection with the proposed transaction.

Uncertainty 145

Uncertainty Cost-Benefit Risk Enterprise 145

CIO Business Intelligence

MARCH 14, 2022

Hubbard defines measurement as: “A quantitatively expressed reduction of uncertainty based on one or more observations.”. This acknowledges that the purpose of measurement is to reduce uncertainty. And the purpose of reducing uncertainty is to make better decisions. But if precision matters, you’ll need more context.

Uncertainty 105

Uncertainty Measurement Cost-Benefit Optimization 105

Cloudera

OCTOBER 1, 2020

The first is cloud concentration risk. The concern here is the over-reliance on one service provider to support key service, presenting not only operation risks for the government itself but a tangible impact on its ability to deliver services to citizens should anything happen.

Data Processing 131

Data Processing Uncertainty Digital Transformation Risk 131

CIO Business Intelligence

AUGUST 1, 2024

The implementation must not become a stalemate for companies: Long legal uncertainty , unclear responsibilities and complex bureaucratic processes in the implementation of the AI Act would hinder European AI innovation. The EU’s regulatory framework divides AI applications into different risk classes.

Risk 119

Risk Uncertainty Testing Digital Transformation 119

Insight

FEBRUARY 19, 2020

Using variability in machine learning predictions as a proxy for risk can help studio executives and producers decide whether or not to green light a film project Photo by Kyle Smith on Unsplash Originally posted on Toward Data Science. and even set their risk tolerance. In 2019, Netflix alone released 371 new TV shows and movies.

Risk 67

Risk ROI Modeling Metrics 67

Cloudera

DECEMBER 3, 2021

Surely there are ways to comb through the data to minimise the risks from spiralling out of control. Systems should be designed with bias, causality and uncertainty in mind. Uncertainty is a measure of our confidence in the predictions made by a system. We need to get to the root of the problem. System Design.

Uncertainty 107

Uncertainty Measurement Metrics Risk 107

CIO Business Intelligence

APRIL 24, 2024

AI concerns remain While the collaboration between Microsoft and Cognizant might help CIOs better integrate generative AI into their enterprise strategies, its use still carries uncertainties, Marr said. Ensuring human oversight and rigorous quality checks can mitigate the risks associated with AI errors.”

Enterprise 128

Enterprise Digital Transformation Consulting Uncertainty 128