Tag: Risk Management

Why AI is Both a Risk and a Way to Manage Risk

Why AI is Both a Risk and a Way to Manage Risk

Artificial intelligence (AI) is a relatively new field that has rapidly evolved into a major influence on the strategic direction of organizations. Its significance extends far beyond automation, enhancing complex decision-making processes. AI is both a risk and a tool for managing risk—a paradox that organizations must confront as they navigate the landscape of 2024…

Focus on Data Quality and Data Lineage for improved trust and reliability

Focus on Data Quality and Data Lineage for improved trust and reliability

As organizations continue doubling their reliance on data, the question of having credible data becomes more and more important. However, with the increase in volume and variety of the data, high quality and keeping track of where the data is coming from and how it is being transformed become essential for building credibility with the…

Debunking Myths On Managing Risks in Technology Investments

Debunking Myths On Managing Risks in Technology Investments

Introduction In the rapidly evolving landscape of technology investments, myths, and misconceptions can cloud the judgment of even the most astute investors. As we navigate through the complexities of emerging technologies, it’s crucial to separate fact from fiction. Here, we aim to debunk some of the most persistent myths surrounding the management of these risks….

Becky Parisotto, VP, Commerce & Retail Platforms at Orium – AITech Interview

Becky Parisotto, VP, Commerce & Retail Platforms at Orium – AITech Interview

Becky, please provide a brief overview of your role and expertise within Orium, particularly in assisting commerce and retail brands with their digital transformation journey? I’m the VP Digital Programs at Orium, which means I’m the executive sponsor for all projects and programs that fall within this line of business. The duties of an executive…

What Are the Risks and Challenges Associated with IT Strategy and Planning, and How Can They Be Mitigated?

What Are the Risks and Challenges Associated with IT Strategy and Planning, and How Can They Be Mitigated?

Technology is no longer just a support function but a fundamental driver of business success. However, the mere existence of technology within an organization is not enough to guarantee success. To truly harness its potential, technology initiatives must be aligned with the broader business objectives. This alignment forms the cornerstone of effective IT strategy and…

 How Vendor Compliance Solutions Streamline B2B Operations and Save Big 

 How Vendor Compliance Solutions Streamline B2B Operations and Save Big 

In the fast-paced world of B2B, efficiency reigns supreme. Every streamlined process, every minimized error, and every saved cost translates to a competitive edge. Yet, one critical area often gets overlooked: vendor compliance. While the importance of compliant vendors is undeniable, managing it manually can be a logistical nightmare, rife with inefficiencies and hidden costs….