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Companies are investing more money in emerging technologies that can help anticipate and detect a variety of threats, including phishing scams and advanced persistent threats, both of which are weighing heavily on the minds’ of corporate board members. For 2017 CIOs are eyeing tools that use anomaly-detecting analytics and machine learning algorithms to protect their companies’ data.
“Our level of investments is increasing because of the increasing capabilities of the threat actors,” says Bob Worrall, CIO of Juniper Networks, who spent 12 percent more on cybersecurity tools in 2016 that he spent in 2015. His budget will increase more in 2017 as he purchases tools to shield Juniper’s corporate data and intellectual property. “As the bad guys get smarter we have to as well.”
We write a lot about collaboration and partnerships at CIO.com. After all, it has never been more important for IT leaders to partner — whether that means working with the growing number of vendors that provide critical competencies once firmly rooted on-premises or, perhaps more importantly, partnering with CMOs and other C-level executives in departments that command their own technology budgets.
While our primary role as technology journalists is to provide information to help you do your jobs better, leverage your expertise and advance your careers, we sometimes have the opportunity to practice what we preach.[ Analytics 50 winners for 2016 ]
We’re proud of our partnership with Drexel University and the LeBow College of Business, and the fruits of that collaboration: the Analytics 50 awards program. This initiative, which we expect to expand in the coming years, is a blend of academia and media. A lot of partnerships look good on paper. This one certainly did, because Drexel’s Decision Sciences department and CIO.com are both committed to reporting on analytics. It’s a natural fit. But partnerships don’t thrive because they look good on paper.
Data and analytics are reshaping organizations and business processes, giving organizations the capability to interrogate internal and external data to better understand their customers and drive transformative efficiencies.Children’s Hospital of Philadelphia
John Martin, senior director of enterprise
Mani Janakiram, Intel’s director of supply chain strategy and analytics.
Like mobile and cloud, big data and advanced analytics have been reshaping organizations and business processes. In 2016, organizations increasingly moved data analytics projects into production as they sought the capability to better interrogate internal and external data to better understand their customers and drive efficiencies.[ Analytics 50 winners for 2016 ]
Here are our picks for the most significant big data and advanced analytics trends in 2016, as illustrated in 15 stories from the past year.
In previous articles, we talked about three of the five capabilities needed to turn data into insight. The fourth key capability is to have “data-centric processes.” What we mean by this is twofold:
Many articles have been written about data-management-specific processes, including the two previous installments in our CIO.com series — "Ensuring the Quality of 'Fit for Purpose' Data" and "Mastering and Managing Data Understanding." In this installment, we cover processes that already exist within an organization. We look at the role of data and discuss how to make the related processes more data-centric. We also break down the ways data-centric processes can have the most impact on an organization in:
Your business spends a lot of time analyzing the market you sell to, but can you take a step back and instead create the market that you want? Experts in the little-known field of behavioral economics and market design say “yes.”
SAN DIEGO -- CIOs have long struggled to connect the dots between the cost and value of IT services they delivered to their business partners. This disconnect is bound to widen as IT implements new digital capabilities for business initiatives. To help CIOs cross the chasm and communicate with their business peers, a startup has pioneered what it calls technology business management (TBM).
Apptio sells a SaaS analytics platform and applications to help CIOs calculate and benchmark IT costs and value. Since launching in 2007, Apptio has racked up 40 percent of the Fortune 100, including FedEx, Cisco and Microsoft. Apptio, which went public this summer, just announced revenues of $40.6 million, up 26 percent from the third quarter of 2015.
Data science is having its 15 minutes of fame.