CIO

FEBRUARY 13, 2024

Business alignment is often heralded as a key tenet of successful IT strategies. Popular ways of ensuring IT efforts align with business goals range from co-developing strategic plans with executives on the business side of the company to actively collaborating with business users on projects aimed to derive more value from their efforts.

Business 417

Business Banking Loss Human Resources 417

Smart Data Collective

JANUARY 21, 2021

While protecting your data is a matter of paramount importance for ordinary users, there are also considerations for business owners. The perfect option for protecting your firm’s data is Microsoft 365 backup for business from NAKIVO, another leader in the industry of data protection and recovery.

Business 353

Business Loss Banking Security 353

CIO

MARCH 7, 2024

Social sustainability is good for business. The United Nations defines social sustainability as, “Identifying and managing business impacts, both positive and negative, on people.” Benefits of social sustainability Businesses are investing to build momentum in their social sustainability efforts. million on average.

Business 396

Business Value Chain Loss Banking 396

CIO

JULY 26, 2024

Parametrix, known for its cloud monitoring and insurance solutions, has pegged the total loss for the 25% of Fortune 500 companies affected (excluding Microsoft) at a staggering $5.4 Costs most likely come from loss of trading due to unavailability of systems,” said Duncan Brown, group vice president, research at IDC said.

Airline 448

Airline Loss Banking Research 448

Smart Data Collective

APRIL 1, 2020

One of the ways AI is helping people with the recent pandemic is by improving banking. AI is solving some pressing challenges in the banking sector, which is struggling to respond to the growing concerns about the virus. How AI is Addressing Banking Challenges During the Coronavirus. AI is Key to Solving Banking Issues.

Banking 270

Banking Finance Loss Algorithm 270

CIO

AUGUST 1, 2024

Atos, struggling to restructure its business operations, has presented its financials for the first half of 2024. The ailing French IT services provider recorded an operating loss of €1.7 billion)in the first six months of the year, compared to a loss of €434 million a year earlier; Its net loss for the half-year was €1.91

Loss 475

Loss Banking Finance Security 475

CIO

AUGUST 1, 2024

In the wake of the widespread outage caused by a defective update to CrowdStrike’s Falcon cybersecurity platform, Delta Airlines is among the first enterprises to come forward to demand compensation from CrowdStrike and Microsoft for the enormous losses caused by the interruption of its flights during the failure. Where is their priority?

Airline 468

Airline Loss Hospitals Banking 468

Smart Data Collective

JANUARY 12, 2022

Small business owners in many other industries are using new data analytics platforms to address many of the financial issues that they are facing. Data Analytics Brings Many Benefits to Small Businesses Facing Financial Challenges. Personal finance mistakes and issues often happen to businesses and business owners.

Business 328

Business Finance Data Mining Banking 328

CIO

AUGUST 21, 2024

He declined to say which specific frameworks were used to build the systems, but says it leverages an enterprise OpenAI-like solution that enables some business process automations. There are emerging mitigation techniques that leverage data loss prevention-type patterns to limit or exclude data types from being learned.

Business 511

Business Intellectual Property Security Security 511

CIO

APRIL 29, 2024

As organizations roll out AI applications and AI-enabled smartphones and devices, IT leaders may need to sell the benefits to employees or risk those investments falling short of business expectations. Nearly three-quarters of employees surveyed said they believe AI devices will make them more productive. With gen AI, there’s more enthusiasm.

Loss 508

Loss Banking Technology Technology 508

CIO

AUGUST 8, 2023

For leading snack manufacturer Frito-Lay, direct-to-store delivery is essential business. This led to frequent crashes that required rebooting, which took 20 to 30 minutes each time and caused productivity loss of multiple hours a day per employee,” Venkat says.

Business 370

Business IT Retail Banking 370

CIO

OCTOBER 7, 2024

Atos has failed to agree terms with the French government for the sale of part of its business, one of several elements of its plan to refinance its debt. billion restructuring plan with its banks and shareholders. That wasn’t enough to get it back into the black, though, and its net loss in the first half of the year grew to €1.91

Loss 418

Loss Banking Capital Security 418

CIO

APRIL 17, 2023

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. fraud losses amounted to $5.9 fraud losses amounted to $5.9 And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses.

Alliance 396

Alliance Loss Banking Algorithm 396

CIO

AUGUST 20, 2024

In modern business, cybersecurity is not merely a technical concern but a crucial financial safeguard. The same report illuminates the value of a robust cybersecurity staff, showing a majority of those breached were short-staffed in cybersecurity, and experienced an average loss of $1.76 million more in beach costs. “As

Security 459

Security Security Loss Education 459

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 346

Security Security Business Restaurants 346

Smart Data Collective

FEBRUARY 4, 2021

This could help many cash-strapped businesses become more resilient during this horrifying recession. Big Data is Vital to the Survival of Countless Businesses. With increasing uncertainty and evolving consumer demand, running a business seems like an enormous challenge. Do you know the best part?

Business 354

Business Travel Data Mining Banking 354

Smart Data Collective

SEPTEMBER 2, 2021

The retail sector, in particular, can benefit immensely from a shift towards a data-driven business model. Big Data Technology is the Key to Simplifying Retail Businesses. As a busy retailer, making your operations run more smoothly and efficiently should be at the top of your to-do list. Automation.

Retail 334

Retail Business Data Mining Loss 334

Smart Data Collective

JUNE 30, 2022

Smart companies realize that analytics technology needs to be at the core of their business models. More companies are using data analytics to optimize their business models in creative ways. It is also a case of business survival”. In short, involves a business acquiring or creating its own production line and supply chain.

Business 317

Business Commerce Loss Banking 317

CIO

APRIL 21, 2023

Here are four major setbacks that business and IT leaders could encounter if they rush to adopt a new technology without due diligence. Lack of support Finding resources who are skilled with a new technology can be a challenge. A senior IT leader from a bank confronted this challenge while working with a fintech provider. “We

IT 393

IT Due Diligence Loss Banking 393

CIO

JULY 25, 2024

Early cybersecurity threats were limited in their scope and damage, but current threats can ruin a business. Threats have evolved from malware and denial-of-service attacks in the early days of ecommerce bad actors, to ransomware attacks that threaten the ability of a business to operate.

Security 416

Security Security IT Banking 416

Smart Data Collective

OCTOBER 7, 2021

Fintech businesses must make sure that any data scientists working for them are licensed and trained to handle tasks with the utmost sensitivity. Account Information Service Provider (AISP) is authorized to send and receive account data from banks and other financial institutions. One of the biggest changes is new regulations.

Banking 317

Banking Loss Technology Technology 317

CIO

FEBRUARY 10, 2023

Predictive analytics in business Predictive analytics draws its power from a wide range of methods and technologies, including big data, data mining, statistical modeling, machine learning, and assorted mathematical processes. Predictive models can help businesses attract, retain, and nurture their most valued customers.

Predictive Analytics 545

Predictive Analytics Hospitals Algorithm Pharmaceutical 545

Smart Data Collective

AUGUST 26, 2021

Deep learning technology is changing the future of small businesses around the world. A growing number of small businesses are using deep learning technology to address some of their most pressing challenges. The first step to being a successful business owner is understanding how important accounting is.

Learning 250

Learning Finance Business Loss 250

CIO

AUGUST 15, 2024

Deals are developing beyond core business growth, encompassing new digital opportunities and emerging technologies as drivers of strategic acceleration. Resource planning : Digital investments by definition address people, process, and technology in the business case. What capability gaps limit business performance?

Alliance 418

Alliance Banking Startups Benchmarking 418

CIO

AUGUST 1, 2023

IT services company Atos has found a buyer for its legacy managed infrastructure services business as it prepares for an IBM-style split between faster- and slower-growing activities. EPEI is expected to pay €100 million (about $110 million) for business, provisionally named TFCo during the transition, and to take on €1.9

IT 370

IT Capital Banking Loss 370

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 497

Matrix Advantage Advantage Loss 497

CIO

FEBRUARY 26, 2024

Here, in an extract from his book, AI for Business: A practical guide for business leaders to extract value from Artificial Intelligence , Peter Verster, founder of Northell Partners, a UK data and AI solutions consultancy, explains four of them. If AI will lead to job losses and redeployments, be upfront about it.

Innovation 476

Innovation Loss Banking Knowledge 476

CIO

MAY 6, 2024

The loss-making IT services company is struggling to repay or reschedule its debts and has been looking for new sources of capital for almost two years , including the sale of various parts of the company, so far without success. Atos has given itself a month to choose between the offers. billion (€1.5 of the company.

Capital 397

Capital Loss Banking Management 397

CIO

AUGUST 23, 2023

Cirdan Group, a European banking group that offers investment solutions, is another financial organization putting quantum computing to work, teaming up with quantum-as-a-service company Terra Quantum on a computational challenge for its investment solutions. Stakeholder interest is also key.

IT 365

IT Banking Loss Learning 365

CIO

AUGUST 10, 2023

We recently caught up with Gurkan Arpaci, General Manager at Turkcell Digital Business Services Company, to learn what prompted the company to achieve the VMware Sovereign Cloud distinction. Failing to comply with regulations can result in legal consequences, damage to an organization’s reputation, and the loss of customer trust.

Banking 367

Banking Loss Security Security 367

CIO

FEBRUARY 23, 2024

This is very crucial for example in the payments industry where failure to comply with requirements such as PCI-DSS could force an organisation out of business. As the overall banking public in Saudi Arabia and worldwide becomes more cashless, more incidences of online financial crime continue to be reported.

Intellectual Property 443

Intellectual Property Banking Human Resources Security 443

Smart Data Collective

MAY 7, 2023

The advent of the digital age introduced a novel conundrum for businesses, and it is adhering to stringent government regulations related to record-keeping. However, cloud computing has revolutionized how enterprises manage their records and make it easier for businesses to comply. By Offering Secure Record-Keeping Services.

Loss 338

Loss Security Security Advantage 338

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 345

Banking Technology Technology Loss 345

CIO

JANUARY 3, 2024

French IT services company Atos is floundering as it seeks to refocus its business. Negotiations over the sale of its legacy infrastructure services business are dragging on, and the company is contemplating the sale of more profitable activities such as its big data and security business to meet debt repayment obligations.

Sales 435

Sales Loss Banking Capital 435

CIO

MARCH 9, 2023

And out of these, my favourite app is a local banking app. It’s completely intuitive, allows me to perform most tasks in less than 3 clicks, has all the functions that I need to perform banking on-the-go, is constantly updated with new features, comes with great performance and stability and most of all is very secure.

Security 369

Security Security Banking Loss 369

CIO

DECEMBER 26, 2023

CIOs need to own, or at the very least contribute substantively to, the overarching narrative regarding IT’s business context — what is going on, what has gone right, what has gone wrong, which technology developments require action, and so on. Business IT Alignment, IT Leadership, IT Strategy

Briefing 418

Briefing Sports Knowledge Loss 418

Smart Data Collective

FEBRUARY 28, 2022

A growing number of banks, insurance companies, investment management firms and other financial institutions are finding creative ways to leverage big data technology. ACH payments allow users to transfer cash from one bank to another online. Most businesses accept credit and debit card payments for convenience. Lower costs.

Banking 305

Banking Due Diligence Security Security 305