Smart Data Collective

JULY 26, 2023

Big data has become an invaluable aspect to most modern businesses. Nevertheless, many companies have been reluctant to Harvard Business Review reports that only 30% of businesses have a data strategy. However, running a data-driven business isn’t always easy. You are going to need the right infrastructure in place.

Business 186

Business Management Human Resources Loss 186

CIO

NOVEMBER 27, 2023

Gen AI will become a fundamental part of how enterprises manage and deliver IT services and how business users get their work done. Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. Not at all.

Matrix 800

Matrix Advantage Advantage Loss 800

CIO

FEBRUARY 5, 2024

How did these changes help improve your business performance last year? Over the last fiscal year, these efforts have yielded notable improvements in business performance, with increased customer satisfaction, more efficient processes, and higher overall productivity.

Banking 737

Banking IT Innovation Benchmarking 737

CIO

MARCH 18, 2024

Some of a business’ most sensitive data is stored, tightly locked away, on mainframe systems. There’s a reason that—according to a Rocket Software survey , over half (51%) of IT leaders rely on mainframe systems to handle all, or nearly all, core business applications. Doing so, however, would be a mistake.

Security 602

Security Security Loss Advantage 602

CIO

AUGUST 2, 2023

Generative AI is already making deep inroads into the enterprise, but not always under IT department control, according to a recent survey of business and IT leaders by Foundry, publisher of CIO.com. The survey found tension between business leaders seeking competitive advantage, and IT leaders wanting to limit risks.

Retail 601

Retail Loss Advantage Advantage 601

Smart Data Collective

JUNE 9, 2021

As internet connections become speedier and more reliable, businesses and consumers turn to SaaS for its convenience and other advantages. Companies that evaluate the right metrics can create very viable SaaS business models. Also, data loss and theft are becoming more prominent as organizations move to the cloud.

Advantage 173

Advantage Advantage Security Security 173

CIO

FEBRUARY 12, 2024

Only 27% of business leaders surveyed by Accenture 3 say they are ready to scale up genAI initiatives, with 44% saying that it could take more than six months to do so and take advantage of potential benefits. As IT leaders, you must work with your business peers to craft a strategy that orchestrates people, processes and technology.

IT 770

IT Loss Win Technology 770

Smart Data Collective

OCTOBER 31, 2022

Over the past few years, businesses have transitioned their operations from in-house to remote and hybrid environments. Cybercrimes ranging from Trojan horses and ransomware to phishing and DOS (denial-of-service) attacks have wreaked havoc on large and small businesses alike. Cybersecurity Threats Are on The Rise.

Business 312

Business Security Security Education 312

Smart Data Collective

JULY 20, 2022

Data-driven decision-making has become a major element of modern business. A growing number of businesses use big data technology to optimize efficiency. One of the ways that smart business leaders can create successful data strategies is to utilize lean thinking. Advantages in applying Lean Thinking.

Business 309

Business Brainstorming Advantage Advantage 309

CIO

NOVEMBER 14, 2023

IoT gives businesses many advantages: enhanced efficiency, data-driven insights, reduced costs, and faster innovation. 6 IoT vulnerabilities to watch out for Security risks are a significant concern for businesses using LoT and OT technology. billion devices reported in 2023.

Security 798

Security Security Advantage Advantage 798

Primary Intelligence

JANUARY 23, 2023

Boston and Draper, UT – Primary Intelligence , the leader in win-loss analysis, and Crayon , the premier competitive intelligence platform, today announced a first of its kind integration that seamlessly embeds valuable win-loss insights directly into competitive intelligence deliverables.

Competitive Intelligence 104

Competitive Intelligence Loss Win Data Analysis 104

CIO

MARCH 5, 2024

Impact of the advisory on LLM providers and enterprises Experts and analysts said the advisory, if not clarified further, could lead to significant loss of business for LLM providers and their customers, while stifling innovation. The advisory will put the brakes on the progress in releasing these models in India.

Startups 788

Startups Algorithm Innovation Loss 788

CIO

OCTOBER 24, 2023

It starts with the business policies of the organization — with education and setting a foundation to understand and recognize the risks that generative AI entails. Enterprises need to invest in security to safely take full advantage of the technology that is transforming everything. We are still in the early days of generative AI.

Intellectual Property 827

Intellectual Property Education Loss Security 827

Smart Data Collective

SEPTEMBER 28, 2021

Because most businesses devote their primary efforts to developing their brand, software applications, or network, new technologies are apt to transform how they operate. Benefits of AI and IoT in Businesses. The advantages of IoT and AI could be combined to reap the full benefits of both.

Business 332

Business Loss Technology Technology 332

CIO

OCTOBER 13, 2022

What they are less decisive about is how to map the right cloud modernization journey, one that is efficient and secure while delivering business agility and competitive advantage. But enterprise application portfolio and ecosystem complexity, coupled with diverse business requirements, means there is no one-size-fits-all.

Alliance 677

Alliance Advantage Advantage Knowledge 677

Smart Data Collective

FEBRUARY 14, 2023

Businesses around the world spent over $545 billion on cloud technology last year. What Are the Benefits of Cloud Computing for Businesses? It is becoming increasingly popular among businesses due to its cost-effective nature and scalability. An estimated 94% of enterprises rely on cloud computing.

Business 243

Business Advantage Advantage Security 243

CIO

AUGUST 17, 2023

Most of these legacy technologies expose businesses to security and vendor lock-in risks since they are based on proprietary standards and demand substantial switching costs. While the term legacy may have a negative connotation in technology, these systems are often the bedrock of a company’s business operations.

Value Chain 599

Value Chain Innovation Advantage Advantage 599

IT Business Edge

AUGUST 19, 2022

That’s where data loss prevention tools come in. Businesses need to ensure the tools they use are practical and effective enough for the level of protection they need. Also read: Implementing Best Practices for Data Loss Prevention. What is Data Loss Prevention? How to Choose the Best Data Loss Prevention Tools.

Loss 88

Loss Intellectual Property Security Security 88

CIO

DECEMBER 13, 2022

In our conversation, we acknowledged that doubts about their worth is a symptom that the business is not equipped to derive full value from the program. It’s a situation that calls for empowering the business to read, analyze, work, and even argue with data — effectively and confidently. Arguing with data?

Win 629

Win Loss Capital Advantage 629

Smart Data Collective

SEPTEMBER 27, 2022

In the world of cybercrime, the leading event is a phishing email, which accounts for the vast majority of security breaches in business. However, even though phishing is significantly more common, 85% of organizations are more worried about ransomware and the impacts a ransomware attack could have on their business going forward.

Business 324

Business Security Security Education 324

CIO

JULY 25, 2022

As businesses were forced to adapt new styles of working and adapt technologies, they struggled to meet security compliance standards like the General Data Protection Regulation (GDPR) and lagged in responding to data breaches. Here are five reasons why tokenization matters to businesses: 1. 2. Build customer trust.

Loss 612

Loss Security Security Commerce 612

Smart Data Collective

SEPTEMBER 25, 2019

One of the top advantages of modern encryption technology is that you can apply it to all or most of the tech devices you use. That same year, as well as in 2013, there were two separate instances of more data loss via misplaced USB drives. More specifically, 86% of C-Suite executives and 60% of small-business owners hold that view.

Advantage 213

Advantage Advantage Technology Technology 213

Alpha Sense BI

JANUARY 11, 2024

Semaglutide injections, used to treat type 2 diabetes by promoting radical weight loss, are raking in historic profits. These developments indicate a promising financial trajectory for weight loss drugs in the upcoming quarters, leading to a spike in document activity within the AlphaSense platform.

Loss 52

Loss Pharmaceutical Competitive Landscape Research 52

Smart Data Collective

MARCH 28, 2022

There are many ways that you can use big data to create a profitable business. One of the smartest ways for entrepreneurs to utilize data is by creating an ecommerce business. You can run a profitable ecommerce business through Amazon. Using Data Analytics to Create a Successful Business on Amazon. So, keep on reading.

Intellectual Property 268

Intellectual Property Business Commerce Advantage 268

Smart Data Collective

JANUARY 12, 2022

Many large financial institutions are starting to appreciate the many advantages that big data technology has brought. Small business owners in many other industries are using new data analytics platforms to address many of the financial issues that they are facing. Small businesses suffer the greatest risks of fraud.

Business 290

Business Finance Data Mining Banking 290

CIO

FEBRUARY 24, 2023

Like many airlines, Lufthansa Group had its business upended by the COVID-19 pandemic. By April 2020, with travel bans proliferating, the airline suffered losses of €1 million per hour. Because Lufthansa’s business is moving people from place to place, the physical side of the customer experience is still the airline’s primary pillar.

Airline 891

Airline Travel IT Benchmarking 891

CIO

AUGUST 25, 2022

Outsourcing IT operations has become a smart business strategy. Specifically, the study attributed an average $4 million loss to business disruption, with another $5.9 million associated with information losses. In total, the global cost of cybercrime is skyrocketing, expected to grow 15% annually to hit the $10.5

Security 701

Security Security Intellectual Property Due Diligence 701

CIO

JANUARY 4, 2024

CIOs had to navigate a labyrinth of challenges in 2023: generative AI rewrote the rulebook of technological possibility, governments started to draft new regulatory frameworks for the tech sector, and global conflicts disrupted business operations. And then mainstreaming into your business the stuff that proves valuable.”

Security 837

Security Security Startups Globalization 837

CIO

OCTOBER 4, 2023

For the 35 million merchants who trust PayPal as a means of payment in their businesses, it’s vital the service is high quality, reliable and always available. An example of the impact of AI can be seen from 2019 to 2022, when the company’s loss rate reduced by almost half, in part thanks to advances in algorithms and AI technology.

Commerce 802

Commerce Algorithm Globalization Security 802

CIO

SEPTEMBER 12, 2023

First, every organization must determine their own policies for use of Generative AI within their environment, e.g., what is the best approach for enabling the business while applying appropriate security controls. We believe that whoever has the most computing power will ultimately have the advantage here.

Intelligence 795

Intelligence Intelligence Security Security 795

mention

FEBRUARY 1, 2022

Figures from the United States Bureau of Labor Statistics show that 70% of businesses fail before reaching their fifth year. . The factors that lead each business to close down depend on the business, owners, market, and external economic factors. That’s where a business plan comes in. Why you need a business plan.

Startups 271

Startups SWOT Business Analysis 271

Smart Data Collective

JANUARY 28, 2021

Around 30,000 websites are hacked every day and 64% of businesses have been victims of a cyberattack. This means that businesses need to take stronger precautions to protect against data breaches these days. For many businesses, and especially SMEs, cloud data storage seems like the most obvious and straightforward option.

Security 272

Security Security Business Restaurants 272

CIO

MARCH 14, 2024

As businesses digitally transform, technology is increasingly integrated into every activity, and the CIO is becoming more of a catalyst for data-driven value creation through analytics, new AI model training, software development, automation, vendor engagement, and more.

Banking 556

Banking Technology Technology Loss 556

CIO

MARCH 8, 2023

Outsourcing IT operations has become a smart business strategy. Specifically, the study attributed an average $4 million loss to business disruption, with another $5.9 million associated with information losses. In total, the global cost of cybercrime is skyrocketing, expected to grow 15% annually to hit the $10.5

Security 480

Security Security Intellectual Property Due Diligence 480

CIO

APRIL 19, 2024

Two months before she was officially named CIO in February 2023, Southwest experienced one of the largest operational disruptions in aviation history, right in the middle of the busy holiday travel season, with outdated software systems at the center of the meltdown.

Airline 568

Airline Travel Hospitals Learning 568

Smart Data Collective

OCTOBER 13, 2021

Where employees used to be under the umbrella of their organization’s security networks and using their business’ secured devices, today the majority of employees are remote. All of these factors bring a wide variety of new security vulnerabilities, and cyber criminals have been taking full advantage of these new open doors.

Intellectual Property 305

Intellectual Property Loss Security Security 305

CIO

AUGUST 2, 2023

Modernize with purpose Before you begin, it’s essential to tie any app modernization project to the business need that is being addressed, says Aparna Sharma, a managing partner for hybrid cloud services at IBM Consulting. This will enable you to define, develop, and execute the optimal migration and modernization path for your business.”

Loss 599

Loss Innovation Security Security 599