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Why IT leaders are putting more business spin on security spend

CIO

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going. billion this year.

Security 697
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Product-based IT fuels Lufthansa’s digital CX transformation

CIO

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 901
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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

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. What benefits this partnership is bringing to Mashreq?

Banking 747
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Gaining an AI advantage: Not all AIs are created equal

CIO

This is not only about managing the burgeoning volume of data as organizations deepen their cloud service usage; it’s about the agility to dynamically adjust the cloud security infrastructure in response to the fluctuating landscape of threats and user behavior. unique users and 49.75 million devices connecting through the platform.

Advantage 657
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Enterprise Storage Trends That CIOs Need to Grasp for the Remainder of 2022

CIO

Out of the respondents from companies with at least $10 billion in revenue, 85% say they experienced fraud losses in the last year, driven by cyber breaches. . businesses more than $6.9 billion in 2021, and only 43% of businesses feel financially prepared to face a cyberattack in 2022. Data Management Cybercrime cost U.S.

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What is enterprise architecture? A framework for transformation

CIO

Enterprise architecture definition Enterprise architecture (EA) is the practice of analyzing, designing, planning, and implementing enterprise analysis to successfully execute on business strategies. The goal of any good EA strategy is to improve the efficiency, timeliness, and reliability of business information.

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How Machine Learning And Contract Management Go Together

Smart Data Collective

Last year, Harvard Business Review published a great article on the ways that AI are changing contract management. Machine Learning is Redefining Business Contracts as We Head into 2020. Since businesses run on a foundation of contracts, mismanaged contracts can be one of the biggest causes of unnecessary losses.

Learning 153