Threat actors leverage cybersecurity gaps from M&A – new report Threat actors leverage cybersecurity gaps from M&A – new report | Insurance Business America Insurance News Threat actors leverage cybersecurity gaps from M&A – new report Reliance on software vendors brings new vulnerabilities Insurance News
By Grant Funtila
Threat actors have evolved their tactics in 2024 to exploit business and technology consolidation.
According to Resilience’s mid-year 2024 cyber risk report, the surge in mergers and acquisitions (M&A) and the increasing reliance on major software vendors has provided new opportunities for threat actors.
Business Intelligence Reports – MyMotionCalendar
The report released by Resilience is based on data from its threat intelligence team and insurance claims portfolio to analyze trends in hacking activity and industry responses. Key findings include:
Ransomware remained the leading cause of loss since January 2023, with 64% of ransomware-related claims resulting in a loss. The financial severity of claims related to ransomware attacks increased 411% from 2022 to 2023. Ransomware attacks on Change Healthcare and CDK Global, as well as the PanOS zero-day vulnerability, represented 2024’s top claim-driving events so far. Of all claims received since January 2023, 35% were due to vendor data breaches or ransom attacks exploiting a third-party vendor. This includes notable vulnerabilities associated with Ivanti software. In 2024, that number is already 40% and expected to grow. The BlackCat hacking group—responsible for the Change Healthcare cyber incident—entered 2024 with an existing track record: in 2023, the group topped the list of most costly attacks, with BlackCat attacks accounting for 18% of covered losses from ransomware. Two sectors saw the largest increases in claims in 2024: manufacturing and construction. Manufacturing rose from 15.2% of all claims in 2023 to 41.7% of all claims in 2024; while construction rose from 6.1% of 2023 claims to 25.0% of 2024 claims.
The report also noted that global M&A deal volume grew 36% in the first quarter of 2024. The interconnected nature of modern business systems and the acquisition of new companies have only amplified the impact of these cyberattacks.
Similarly, the consolidation of technology, where industries rely on single suppliers for critical services, can lead to catastrophic consequences if a breach occurs. Impacted organizations typically face business interruption and lost revenue in addition to potential ransom payments.
What is the difference between reporting and Business Intelligence
“Major attacks like the ones on Change Healthcare, CDK Global, and AT&T have been wreaking havoc and making headlines, but they also remind us that we’re facing a new status quo. Increased vendor interdependence and M&A activity have created an unprecedented opportunity for hackers, with far more points of failure and potential for human error,” said Vishaal “V8” Hariprasad, co-founder and CEO of Resilience.
Resilience’s global head of claims, Tom Egglestone, stressed that cybersecurity can no longer be treated as a mere budget item. Instead, he highlighted a risk-centric approach, especially one where security strategies are aligned with the financial implications of cyber threats.
Do you have something to say about Resilience’s findings and the link between M&A and cybersecurity vulnerabilities? Please share your comments below.
Related Stories Please enable JavaScript to view the comments powered by Disqus. Keep up with the latest news and events Join our mailing list, it’s free!
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3 Artificial Intelligence Stocks with Promising Applications
Artificial intelligence made headlines in 2024, with stocks in the space appreciating tremendously. Amid the growing adoption of technology, many companies are shelling out billions to advance their AI capabilities.
According to a recent report by CompTIA, 22% of companies aim to pursue AI integration across their products. The report also found that 33% of companies are working with some type of AI application to improve their service and product delivery.
By riding this wave, investors can be sure to see gains over the medium term. Artificial intelligence is still in its infancy, which means these stocks hold great potential. Numerous technology applications are still being explored.
For instance, it could have use cases in defense, chatbots and data analysis. Consider these three companies if you want to invest in solid artificial intelligence stocks with great promise in returns. Let’s examine why these three stocks stand out.
Nvidia (NVDA)
Nvidia (NASDAQ:NVDA) started as a graphics card company. However, its chips quickly became popular in the artificial intelligence sector. Since then, the company has been working to produce faster and more efficient chips for the industry.
CEO Jensen Huang has played an important role in this transformation, making Nvidia the go-to company for the best artificial intelligence chips.
Thus far, Huang’s efforts have paid off and Nvidia has been the top artificial intelligence stock of 2024. Despite sliding by double digits in the past few weeks, NVDA is still up 116.42% year. Over the past 12 months, the stock has gained 129.52%.
Looking at the EPS, Nvidia has continued to maintain phenomenal growth. In the last quarterly results, it reported an EPS of $5.98, a 629% year-over-year increase.
Its current trailing 12-month price-to-earnings ratio of 59.59 is relatively high. However, this high valuation is justifiable if it continues to maintain earnings growth.
Additionally, the company has a robust buyback program and pays out dividends. In its first quarter fiscal 2025 results, it announced it had increased payouts by 150% to 10 cents per share.
Over the past five years, NVDA has been one of the best-performing stocks, rising over 2500%.
The great stock performance, increased dividend payouts and the rising adoption of AI make Nvidia one of the best artificial intelligence stocks to own in August 2024.
Arista Networks (ANET)
Arista Networks (NYSE:ANET) is a leading software provider in the cloud computing and data center industries. The rise of artificial intelligence has been a huge boost for the company.
All artificial intelligence models require massive amounts of data, which is where Arista comes in. It is helping to create networks that can adapt to the changing needs of large language models and other artificial intelligence use cases.
Its stock performance has been quite robust. Year-to-date, it has gained 39.72% to $323.54 per share. In the past 12 months, its stock price has gained over 80%. If you had invested in ANET five years ago, you would have seen returns of almost 500% so far.
Its trailing 12-month price-to-earnings ratio of 42.69 is quite high. However, the stock has also maintained robust earnings growth. Its diluted earnings per share have steadily been on the rise since 2020. As a result, its elevated valuation is justifiable.
Looking at its financial results, Arista saw revenue rise 15.9% in the second quarter of fiscal 2024 to $1.69 billion. It also reported a GAAP net income of $665.4 million compared to $491.9 million the previous year.
Based on its robust financial and stock performance, ANET is one of the main artificial intelligence stocks that should be in your portfolio in August 2024.
Meta Platforms (META)
Meta Platforms (NASDAQ:META) is a giant tech company best known for its social media platforms, Instagram and Facebook. The company is also one of the leading investors in artificial intelligence.
One of its well-known products to date is Llama 3.1, an open-source artificial intelligence model. In its second quarter fiscal 2024 results, Meta revealed it plans to spend up to $40 billion on research, with a good chunk of that going to artificial intelligence.
Despite the huge capital expenditure, Meta reported astronomical profits with net income of $13.47 billion compared to $7.79 billion the previous year.
Investors have reacted positively to this increased spending with META up 42.68% this year and its value rising by 56% over the last 12 months.
Based on its robust financial results and rising expenditures on artificial intelligence, Meta could be the go-to investment for artificial intelligence stocks. It shows great promise and has the financial capacity to develop technology to the next level.
On the date of publication, Joel Lim did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
Joel Lim is a contributor at InvestorPlace.com and a finance content contractor who creates content for several companies like LTSE and Realtor, along with financial publications, including Business Insider, Yahoo Finance, Mises Institution and Foundation for Economic Education.
More From InvestorPlace
The post 3 Artificial Intelligence Stocks with Promising Applications appeared first on InvestorPlace.
Threat actors leverage cybersecurity gaps from M&A – new report Threat actors leverage cybersecurity gaps from M&A – new report | Insurance Business America Insurance News Threat actors leverage cybersecurity gaps from M&A – new report Reliance on software vendors brings new vulnerabilities Insurance News
By Grant Funtila
Threat actors have evolved their tactics in 2024 to exploit business and technology consolidation.
According to Resilience’s mid-year 2024 cyber risk report, the surge in mergers and acquisitions (M&A) and the increasing reliance on major software vendors has provided new opportunities for threat actors.
The report released by Resilience is based on data from its threat intelligence team and insurance claims portfolio to analyze trends in hacking activity and industry responses. Key findings include:
Ransomware remained the leading cause of loss since January 2023, with 64% of ransomware-related claims resulting in a loss. The financial severity of claims related to ransomware attacks increased 411% from 2022 to 2023. Ransomware attacks on Change Healthcare and CDK Global, as well as the PanOS zero-day vulnerability, represented 2024’s top claim-driving events so far. Of all claims received since January 2023, 35% were due to vendor data breaches or ransom attacks exploiting a third-party vendor. This includes notable vulnerabilities associated with Ivanti software. In 2024, that number is already 40% and expected to grow. The BlackCat hacking group—responsible for the Change Healthcare cyber incident—entered 2024 with an existing track record: in 2023, the group topped the list of most costly attacks, with BlackCat attacks accounting for 18% of covered losses from ransomware. Two sectors saw the largest increases in claims in 2024: manufacturing and construction. Manufacturing rose from 15.2% of all claims in 2023 to 41.7% of all claims in 2024; while construction rose from 6.1% of 2023 claims to 25.0% of 2024 claims.
The report also noted that global M&A deal volume grew 36% in the first quarter of 2024. The interconnected nature of modern business systems and the acquisition of new companies have only amplified the impact of these cyberattacks.
Similarly, the consolidation of technology, where industries rely on single suppliers for critical services, can lead to catastrophic consequences if a breach occurs. Impacted organizations typically face business interruption and lost revenue in addition to potential ransom payments.
“Major attacks like the ones on Change Healthcare, CDK Global, and AT&T have been wreaking havoc and making headlines, but they also remind us that we’re facing a new status quo. Increased vendor interdependence and M&A activity have created an unprecedented opportunity for hackers, with far more points of failure and potential for human error,” said Vishaal “V8” Hariprasad, co-founder and CEO of Resilience.
Resilience’s global head of claims, Tom Egglestone, stressed that cybersecurity can no longer be treated as a mere budget item. Instead, he highlighted a risk-centric approach, especially one where security strategies are aligned with the financial implications of cyber threats.
Do you have something to say about Resilience’s findings and the link between M&A and cybersecurity vulnerabilities? Please share your comments below.
Related Stories Please enable JavaScript to view the comments powered by Disqus. Keep up with the latest news and events Join our mailing list, it’s free!
This page requires JavaScript
Business Intelligence Market worth USD 56,200.9 million by 2033 – Exclusive Report by Future Market Insights, Inc.
The global business intelligence market size is predicted to surpass a valuation of US$ 28,216.8 million in 2023. It is anticipated to hit a valuation of US$ 56,200.9 million by 2033. The market is projected to thrive at a CAGR of 7.1% from 2023 to 2033.
The capabilities of business intelligence systems have been considerably improved by ongoing technological breakthroughs. Such as in cloud computing, big data analytics, artificial intelligence, and machine learning. Scalability, flexibility, and affordability are all features of cloud-based BI solutions that enable BI to be used by businesses of various sizes.
More advanced data analysis and predictive modeling are possible by AI-powered analytics tools and machine learning algorithms, enabling firms to find important patterns and insights.
Organizations are aware that successfully utilizing data may provide them with a competitive advantage. Businesses may acquire a greater knowledge of their customers, markets, and operations by utilizing business intelligence tools to find hidden patterns, trends, and correlations in their data. These insights may be utilized to improve consumer experiences, find new market possibilities, optimize corporate strategy, and spur innovation.
Self-service analytics are now supported by business intelligence platforms, enabling users to access and evaluate data without relying heavily on IT or data analysts. Self-service BI technologies allow non-technical people to independently examine data, produce reports, and develop insights due to their easy user interfaces, drag-and-drop capabilities, and visualizations. Within enterprises, this movement has democratized data analytics and increased the user base of business intelligence.
The business intelligence system’s more up-to-date sophisticated analytics and improved statistical support are also contributing to the market’s expansion. Business intelligence technologies and machine learning aid corporate settings in problem-solving strategies and forecasting potential outcomes.
Additionally, this aids in streamlining internal corporate operations, boosting revenue development, and connecting technology. To improve processing, giving businesses an advantage over rival brands, thereby surging Business Intelligence market growth consistently.
Key Takeaways:
The global business intelligence market size expanded at a CAGR of 5.0% from 2018 to 2022. In 2018, the global market size stood at US$ 21,962.1 million. The market size stood at US$ 26,745.8 million in 2022. In 2022, the solution segment captured 68.9% of market shares. The sales and marketing segment captured 42.3% shares in the global market. In 2022, the United States captured 19.4% shares in the global market. China held 8.3% shares in the global business intelligence industry in 2022. In 2022, the United Kingdom captured 6.7% shares in the global market.
Key Players:
IBM Oracle Microsoft SAP Google
Recent Developments Observed:
Ramp announced its ambitions to provide new artificial intelligence technologies in May 2023. The business plans to introduce the new tools with a function that might ascertain whether a firm has overpaid for its software contracts. SoftLedger debuted a business intelligence dashboard with real-time data in December 2022. The purpose of this publication is to assist Chief Financial Officers (CFOs) in making tactical decisions for their company.
Market Segmentation:
By Component:
Solution Dashboards and Scorecards Data Integration and ETL Reporting and Visualization Query and Analysis Service Consulting Services Deployment and Integration Services Support and Maintenance Services
By Organization Size:
By Business Function:
Human Resources Finance Operations Sales and Marketing
By Vertical:
Retail Manufacturing Government and Public Services Media Entertainment Transportation and Logistics BFSI Telecom and IT Healthcare and Hospitality
By Deployment:
By Region:
North America Latin America Europe East Asia South Asia Oceania The Middle East & Africa (MEA)
Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Artificial intelligence made headlines in 2024, with stocks in the space appreciating tremendously. Amid the growing adoption of technology, many companies are shelling out billions to advance their AI capabilities.
According to a recent report by CompTIA, 22% of companies aim to pursue AI integration across their products. The report also found that 33% of companies are working with some type of AI application to improve their service and product delivery.
By riding this wave, investors can be sure to see gains over the medium term. Artificial intelligence is still in its infancy, which means these stocks hold great potential. Numerous technology applications are still being explored.
For instance, it could have use cases in defense, chatbots and data analysis. Consider these three companies if you want to invest in solid artificial intelligence stocks with great promise in returns. Let’s examine why these three stocks stand out.
Nvidia (NVDA)
Nvidia (NASDAQ:NVDA) started as a graphics card company. However, its chips quickly became popular in the artificial intelligence sector. Since then, the company has been working to produce faster and more efficient chips for the industry.
CEO Jensen Huang has played an important role in this transformation, making Nvidia the go-to company for the best artificial intelligence chips.
Thus far, Huang’s efforts have paid off and Nvidia has been the top artificial intelligence stock of 2024. Despite sliding by double digits in the past few weeks, NVDA is still up 116.42% year. Over the past 12 months, the stock has gained 129.52%.
Looking at the EPS, Nvidia has continued to maintain phenomenal growth. In the last quarterly results, it reported an EPS of $5.98, a 629% year-over-year increase.
Its current trailing 12-month price-to-earnings ratio of 59.59 is relatively high. However, this high valuation is justifiable if it continues to maintain earnings growth.
Additionally, the company has a robust buyback program and pays out dividends. In its first quarter fiscal 2025 results, it announced it had increased payouts by 150% to 10 cents per share.
Over the past five years, NVDA has been one of the best-performing stocks, rising over 2500%.
The great stock performance, increased dividend payouts and the rising adoption of AI make Nvidia one of the best artificial intelligence stocks to own in August 2024.
Arista Networks (ANET)
Arista Networks (NYSE:ANET) is a leading software provider in the cloud computing and data center industries. The rise of artificial intelligence has been a huge boost for the company.
All artificial intelligence models require massive amounts of data, which is where Arista comes in. It is helping to create networks that can adapt to the changing needs of large language models and other artificial intelligence use cases.
Its stock performance has been quite robust. Year-to-date, it has gained 39.72% to $323.54 per share. In the past 12 months, its stock price has gained over 80%. If you had invested in ANET five years ago, you would have seen returns of almost 500% so far.
Its trailing 12-month price-to-earnings ratio of 42.69 is quite high. However, the stock has also maintained robust earnings growth. Its diluted earnings per share have steadily been on the rise since 2020. As a result, its elevated valuation is justifiable.
Looking at its financial results, Arista saw revenue rise 15.9% in the second quarter of fiscal 2024 to $1.69 billion. It also reported a GAAP net income of $665.4 million compared to $491.9 million the previous year.
Based on its robust financial and stock performance, ANET is one of the main artificial intelligence stocks that should be in your portfolio in August 2024.
Meta Platforms (META)
Meta Platforms (NASDAQ:META) is a giant tech company best known for its social media platforms, Instagram and Facebook. The company is also one of the leading investors in artificial intelligence.
One of its well-known products to date is Llama 3.1, an open-source artificial intelligence model. In its second quarter fiscal 2024 results, Meta revealed it plans to spend up to $40 billion on research, with a good chunk of that going to artificial intelligence.
Despite the huge capital expenditure, Meta reported astronomical profits with net income of $13.47 billion compared to $7.79 billion the previous year.
Investors have reacted positively to this increased spending with META up 42.68% this year and its value rising by 56% over the last 12 months.
Based on its robust financial results and rising expenditures on artificial intelligence, Meta could be the go-to investment for artificial intelligence stocks. It shows great promise and has the financial capacity to develop technology to the next level.
On the date of publication, Joel Lim did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
Joel Lim is a contributor at InvestorPlace.com and a finance content contractor who creates content for several companies like LTSE and Realtor, along with financial publications, including Business Insider, Yahoo Finance, Mises Institution and Foundation for Economic Education.
More From InvestorPlace
The post 3 Artificial Intelligence Stocks with Promising Applications appeared first on InvestorPlace.
3 Artificial Intelligence Stocks with Promising Applications
Artificial intelligence made headlines in 2024, with stocks in the space appreciating tremendously. Amid the growing adoption of technology, many companies are shelling out billions to advance their AI capabilities.
According to a recent report by CompTIA, 22% of companies aim to pursue AI integration across their products. The report also found that 33% of companies are working with some type of AI application to improve their service and product delivery.
By riding this wave, investors can be sure to see gains over the medium term. Artificial intelligence is still in its infancy, which means these stocks hold great potential. Numerous technology applications are still being explored.
For instance, it could have use cases in defense, chatbots and data analysis. Consider these three companies if you want to invest in solid artificial intelligence stocks with great promise in returns. Let’s examine why these three stocks stand out.
Nvidia (NVDA)
Nvidia (NASDAQ:NVDA) started as a graphics card company. However, its chips quickly became popular in the artificial intelligence sector. Since then, the company has been working to produce faster and more efficient chips for the industry.
CEO Jensen Huang has played an important role in this transformation, making Nvidia the go-to company for the best artificial intelligence chips.
Thus far, Huang’s efforts have paid off and Nvidia has been the top artificial intelligence stock of 2024. Despite sliding by double digits in the past few weeks, NVDA is still up 116.42% year. Over the past 12 months, the stock has gained 129.52%.
Looking at the EPS, Nvidia has continued to maintain phenomenal growth. In the last quarterly results, it reported an EPS of $5.98, a 629% year-over-year increase.
Its current trailing 12-month price-to-earnings ratio of 59.59 is relatively high. However, this high valuation is justifiable if it continues to maintain earnings growth.
Additionally, the company has a robust buyback program and pays out dividends. In its first quarter fiscal 2025 results, it announced it had increased payouts by 150% to 10 cents per share.
Over the past five years, NVDA has been one of the best-performing stocks, rising over 2500%.
The great stock performance, increased dividend payouts and the rising adoption of AI make Nvidia one of the best artificial intelligence stocks to own in August 2024.
Arista Networks (ANET)
Arista Networks (NYSE:ANET) is a leading software provider in the cloud computing and data center industries. The rise of artificial intelligence has been a huge boost for the company.
All artificial intelligence models require massive amounts of data, which is where Arista comes in. It is helping to create networks that can adapt to the changing needs of large language models and other artificial intelligence use cases.
Its stock performance has been quite robust. Year-to-date, it has gained 39.72% to $323.54 per share. In the past 12 months, its stock price has gained over 80%. If you had invested in ANET five years ago, you would have seen returns of almost 500% so far.
Its trailing 12-month price-to-earnings ratio of 42.69 is quite high. However, the stock has also maintained robust earnings growth. Its diluted earnings per share have steadily been on the rise since 2020. As a result, its elevated valuation is justifiable.
Looking at its financial results, Arista saw revenue rise 15.9% in the second quarter of fiscal 2024 to $1.69 billion. It also reported a GAAP net income of $665.4 million compared to $491.9 million the previous year.
Based on its robust financial and stock performance, ANET is one of the main artificial intelligence stocks that should be in your portfolio in August 2024.
Meta Platforms (META)
Meta Platforms (NASDAQ:META) is a giant tech company best known for its social media platforms, Instagram and Facebook. The company is also one of the leading investors in artificial intelligence.
One of its well-known products to date is Llama 3.1, an open-source artificial intelligence model. In its second quarter fiscal 2024 results, Meta revealed it plans to spend up to $40 billion on research, with a good chunk of that going to artificial intelligence.
Despite the huge capital expenditure, Meta reported astronomical profits with net income of $13.47 billion compared to $7.79 billion the previous year.
Investors have reacted positively to this increased spending with META up 42.68% this year and its value rising by 56% over the last 12 months.
Based on its robust financial results and rising expenditures on artificial intelligence, Meta could be the go-to investment for artificial intelligence stocks. It shows great promise and has the financial capacity to develop technology to the next level.
On the date of publication, Joel Lim did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
Joel Lim is a contributor at InvestorPlace.com and a finance content contractor who creates content for several companies like LTSE and Realtor, along with financial publications, including Business Insider, Yahoo Finance, Mises Institution and Foundation for Economic Education.
More From InvestorPlace
The post 3 Artificial Intelligence Stocks with Promising Applications appeared first on InvestorPlace.
Report: Resurgence for video game live-streaming
Stream Hatchet, a streaming analytics and business intelligence platform and wholly-owned subsidiary of GameSquare Holdings, has published its 2024 second quarter Live-Streaming Trends Report.
“Through the first half of 2024, Live-streaming has grown past the prior peak viewership experienced during the 2020 Covid-19 pandemic. Live-streaming’s resurgence has been fueled over the past six months by a wider variety of platforms, including Kick for non-gaming content, Rumble for political and news streams, and Chzzk for South Korean channels. Within the gaming market, Grand Theft Auto V and League of Legends remain the top live-streamed games during the 2024 second quarter with 510 million hours, and 439 million hours watched across all platforms, respectively. In addition, the top ten game titles represented nearly 30 per cent of all live-streamed activity during the 2024 second quarter. The growth of live-streaming continues to demonstrate the historic transformation that has occurred in the ways media and content is consumed,” said Justin Kenna, CEO of GameSquare.
Key takeaways from the report include:
Twitch’s dominance of the live streaming market seems to be declining – in Q2 2023, it held 70 per cent of the market share of hours watched. In Q2 2024, that share has dropped to just 60 per cent.
The top creators are losing their stranglehold on the market, with the top 5 per cent of streamers by hours watched dropping from 98 per cent of the total market share in Q2 2019 to just 86 per cent in Q2 2024, indicating a more diverse market for smaller streamers.
Threat actors leverage cybersecurity gaps from M&A – new report Threat actors leverage cybersecurity gaps from M&A – new report | Insurance Business America Insurance News Threat actors leverage cybersecurity gaps from M&A – new report Reliance on software vendors brings new vulnerabilities Insurance News
By Grant Funtila
Threat actors have evolved their tactics in 2024 to exploit business and technology consolidation.
According to Resilience’s mid-year 2024 cyber risk report, the surge in mergers and acquisitions (M&A) and the increasing reliance on major software vendors has provided new opportunities for threat actors.
The report released by Resilience is based on data from its threat intelligence team and insurance claims portfolio to analyze trends in hacking activity and industry responses. Key findings include:
Ransomware remained the leading cause of loss since January 2023, with 64% of ransomware-related claims resulting in a loss. The financial severity of claims related to ransomware attacks increased 411% from 2022 to 2023. Ransomware attacks on Change Healthcare and CDK Global, as well as the PanOS zero-day vulnerability, represented 2024’s top claim-driving events so far. Of all claims received since January 2023, 35% were due to vendor data breaches or ransom attacks exploiting a third-party vendor. This includes notable vulnerabilities associated with Ivanti software. In 2024, that number is already 40% and expected to grow. The BlackCat hacking group—responsible for the Change Healthcare cyber incident—entered 2024 with an existing track record: in 2023, the group topped the list of most costly attacks, with BlackCat attacks accounting for 18% of covered losses from ransomware. Two sectors saw the largest increases in claims in 2024: manufacturing and construction. Manufacturing rose from 15.2% of all claims in 2023 to 41.7% of all claims in 2024; while construction rose from 6.1% of 2023 claims to 25.0% of 2024 claims.
The report also noted that global M&A deal volume grew 36% in the first quarter of 2024. The interconnected nature of modern business systems and the acquisition of new companies have only amplified the impact of these cyberattacks.
Similarly, the consolidation of technology, where industries rely on single suppliers for critical services, can lead to catastrophic consequences if a breach occurs. Impacted organizations typically face business interruption and lost revenue in addition to potential ransom payments.
“Major attacks like the ones on Change Healthcare, CDK Global, and AT&T have been wreaking havoc and making headlines, but they also remind us that we’re facing a new status quo. Increased vendor interdependence and M&A activity have created an unprecedented opportunity for hackers, with far more points of failure and potential for human error,” said Vishaal “V8” Hariprasad, co-founder and CEO of Resilience.
Resilience’s global head of claims, Tom Egglestone, stressed that cybersecurity can no longer be treated as a mere budget item. Instead, he highlighted a risk-centric approach, especially one where security strategies are aligned with the financial implications of cyber threats.
Do you have something to say about Resilience’s findings and the link between M&A and cybersecurity vulnerabilities? Please share your comments below.
Related Stories Please enable JavaScript to view the comments powered by Disqus. Keep up with the latest news and events Join our mailing list, it’s free!
This page requires JavaScript
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Finance’s biggest firms are considering how AI might… Artificial Intelligence Tech 2024-08-13T18:31:05Z Replika lets you buy an AI girlfriend or boyfriend — and its average user age is surprising Replika CEO Eugenia Kuyda said the app’s users are “mostly 35-plus and super engaged.” Some people have formed deep bonds with their AI companions. Tech 2024-08-13T13:40:11Z AI and security concerns fuel a shift to on-premises IT infrastructure as companies seek more control of data AI, data privacy, and security concerns are pushing companies to adopt hybrid IT infrastructure that combines on-prem hardware with cloud services. TARGIT - BI Survey The US and some of its allies just pulled off…
Dashboards, Business Intelligence and Reporting… NANO Nuclear Energy Appoints Former Congressman and District Attorney Dan Donovan to its Executive Advisory Board as Chairman for Market Intelligence NANO Nuclear Energy Inc. NANO Nuclear Energy Inc. Figure 1 – NANO Nuclear Energy Inc. Appoints Fromer District Attorney and Congressman Daniel M. Donovan Jr. as its Chairman of the Executive Advisory Board for Market Intelligence. Pros and Cons of Board Former member of House Homeland Security Committee member brings important expertise and contacts to NANO Nuclear New York, N.Y., Aug. 14, 2024 (GLOBE NEWSWIRE) — NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”), a vertically integrated advanced nuclear energy and…
Magic Quadrant for Analytics & Business Intelligence… Gartner says everyday AI and digital employee experience are two years away from mainstream adoption ERROR: The request could not be satisfied Request blocked. We can’t connect to the server for this app or website at this time. There might be too much traffic or a configuration error. Try again later, or contact the app or website owner. If you provide content to customers through CloudFront, you can find steps to troubleshoot and help prevent this error by reviewing the CloudFront documentation. Generated by cloudfront (CloudFront) Request ID: GFd0flXaeUjYUvECGjo3GIRU7HEI9EgAwOe2IsvR7iPvJ1p9qTAa3A== Gartner says everyday AI and digital employee experience are two years…
The Future of Business Intelligence Transforming Your Organization with the Power of Business Intelligence Share Share Data Analytics And Business Intelligence Computational Frameworks Share Email Tech trailblazers: How Tokopedia is innovating in Indonesia CIO With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to over 17,000…
Why enterprise CIOs need to plan for Microsoft gen AI Why enterprise CIOs need to plan for Microsoft gen AI Enterprises with strong experience in open source may look to open foundation models as an option to reduce costs, but Curran cautions against equating open weight models with the more familiar open source ecosystem. He predicts enterprises will adopt them though, including using them in curated environments provided like Azure. “I’ve seen a lot of interest in the open source models, but not many in production,” says Boyd, although customers are starting to use small models like Microsoft’s own Phi series. “But it’s largely early days. I haven’t seen mass…
Healthcare Business Intelligence Market Size to… Healthcare Business Intelligence Market Size to Reach USD 27.63 Billion By 2032, With a Growing CAGR of 14% | Research by SNS Insider SNS Insider pvt ltd The rise in electronic health records (EHRs) and the integration of big data analytics in healthcare have further propelled the adoption of BI solutions. Pune, Aug. 14, 2024 (GLOBE NEWSWIRE) — Healthcare Business Intelligence Market Size & Share: Mastering Business Intelligence: Comprehensive Guide to Concepts “According to SNS Insider Research, The Healthcare Business Intelligence (BI) Market Size was valued at US$ 9.0 Billion in 2023 and is expected to reach US$ 27.63 Billion…
Power BI vs Tableau: Which is The Better BI Tool Salesforce unit Tableau to exit former headquarters in Seattle Tableau will give up its former headquarters in north Seattle, abandoning more than 110,000 square feet of offices by Lake Union. The data analytics software firm owned by San Francisco-based Salesforce will not renew its lease at the Fremont Lake Union Center at 837 North 34th Street, in Fremont, the Seattle Times reported. The lease expires at the end of this month. Salesforce, a cloud-based sales software company, bought Tableau in 2019 for $15.7 billion. Ryan Aytay, CEO for Tableau, is based in San Francisco. Power BI vs Tableau: Which is…
Mastering Data Scraping from Google Maps: A… Mastering Data Scraping from Google Maps: A Comprehensive Guide Share Share Business intelligence: A complete overview Tableau Share Email What is Business Intelligence? Tableau Introduction In the digital age, data is a crucial asset for businesses. It provides insights that drive decision-making and strategy. One powerful method to gather data is through data scraping, particularly from Google Maps, which is a rich repository of business information. This guide aims to help you master data scraping from Google Maps, providing valuable insights for your business intelligence efforts. Understanding Data Scraping Data scraping, also known as web scraping, involves…
Business Intelligence and Analytics Fusion… Business Intelligence and Analytics Fusion Introduces New AI-Powered Scenario Simulation and Intelligence Suite Fusion Risk Management (Fusion), a provider of cloud-based operational resilience, business continuity, and risk management solutions, is releasing its new Scenario Simulation and Intelligence suite—enabling companies to simulate thousands of possible scenarios against their resilience plans and strategies to identify points of weakness at scale. Posted August 14, 2024 Ridge Security Enhances Proactive Exposure Management with RidgeBot 4.3.3 Ridge Security Technology Inc. is releasing RidgeBot version 4.3.3, introducing a powerful integration that enhances proactive exposure management for organizations—combining RidgeBot’s automated vulnerability detection and validation capabilities with leading…
op Business Intelligence and Analytics Tools Organizations ‘Justice Intelligence’ Startup Darrow Expands Plaintiff-Finding Service to Mass Arbitrations On Wednesday, New York and Tel Aviv-based legal tech startup Darrow announced the addition of mass arbitration to its PlaintiffLink service. Publicly launched in February 2024, PlaintiffLink helps firms connect with and review potential plaintiffs for cases. The development and expansion of PlaintiffLink was likely supported in part by the startup’s $35 million Series B funding round, which it announced in September 2023. Marketing itself as a justice intelligence platform, Darrow essentially looks to be a business development tool for litigation teams. Some of its offerings use generative AI to analyze…
Business Intelligence and Analytics Fusion… You Won’t Need to Pay for Apple Intelligence Anytime Soon Despite several analyst reports that Apple will eventually charge for access to Apple Intelligence features, it’s unlikely it plans to do so anytime soon. While many, including Mark Gurman, believe that Apple’s focus on growing its services business makes a paid Apple Intelligence tier inevitable, the Bloomberg analyst is also convinced this won’t be coming in the near future — and that it’s unlikely to encompass any of the Apple Intelligence features that are slated to arrive in iOS 18 over the next year. In late June, Gurman suggested an “Apple…
Embed a Power BI Report Server report using an iFrame in Transforming Your Organization with the Power of Business Intelligence Share Share Power BI - Data Visualization Microsoft Power Platform Share Email Embed a Power BI Report Server report using an iFrame in With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions…
Oracle Business Intelligence (BI) Platform Transforming Your Organization with the Power of Business Intelligence Share Share Oracle Business Intelligence (BI) Platform – BI / DW Insider Share Email Hyperion Solutions - Wikipedia With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to over 17,000 small and…
How Business Intelligence in ERP Can Improve Your Company Go Business Intelligence and Analytics Fusion Introduces New AI-Powered Scenario Simulation and Intelligence Suite Fusion Risk Management (Fusion), a provider of cloud-based operational resilience, business continuity, and risk management solutions, is releasing its new Scenario Simulation and Intelligence suite—enabling companies to simulate thousands of possible scenarios against their resilience plans and strategies to identify points of weakness at scale. Posted August 14, 2024 Ridge Security Enhances Proactive Exposure Management with RidgeBot 4.3.3 Ridge Security Technology Inc. is releasing RidgeBot version 4.3.3, introducing a powerful integration that enhances proactive exposure management for organizations—combining RidgeBot’s automated vulnerability detection and validation capabilities with leading…
Microsoft’s cloud business powers 10% growth in… Microsoft’s cloud business powers 10% growth in quarterly profits AP REDMOND, Wash. (AP) — Microsoft reported a 10% increase in quarterly profits Tuesday as it tries to maintain its position as a leader in artificial intelligence technology. The software giant said its fiscal fourth-quarter profit was $22 billion, or $2.95 per share, slightly beating analyst expectations for $2.94 per share. reasons to use Microsoft Power BI Stitch It posted revenue of $64.7 billion in the April-June period, up 15% from last year. Analysts polled by FactSet Research had been looking for revenue of $64.4 billion. Microsoft’s growth was led by…
The Rise Of Multidimensional Data in HR Innovative Data Strategies: Leveraging AI For Smarter Enterprise Operations Aug 14, 2024,10:15am EDT From Hidden Energy To High Performance: How To Engage Introverts To Optimize Workplace Dynamics”,”scope”:{“topStory”:{“index”:1,”title”:”From Hidden Energy To High Performance: How To Engage Introverts To Optimize Workplace Dynamics”,”image”:”https://specials-images.forbesimg.com/imageserve/66bb9eaf2f4db016e24d098c/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 14, 2024″,”hourMinute”:”10:15″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1723644900000},”uri”:”https://www.forbes.com/councils/forbestechcouncil/2024/08/14/from-hidden-energy-to-high-performance-how-to-engage-introverts-to-optimize-workplace-dynamics/”}},”id”:”3cdprf7g2i5000″},{“textContent”:” Aug 14, 2024,10:00am EDT ETL (Extract, Transform and Load) Definition: What does ETL mean The Best Recipes For Human Connection In Healthcare Combine Digital And Analog Ingredients”,”scope”:{“topStory”:{“index”:2,”title”:”The Best Recipes For Human Connection In Healthcare Combine Digital And Analog Ingredients”,”image”:”https://specials-images.forbesimg.com/imageserve/66bb9df512367aad52f0b0e5/290×0.jpg”,”isHappeningNowArticle”:false,”date”:{“monthDayYear”:”Aug 14, 2024″,”hourMinute”:”10:00″,”amPm”:”am”,”isEDT”:true,”unformattedDate”:1723644000000},”uri”:”https://www.forbes.com/councils/forbestechcouncil/2024/08/14/the-best-recipes-for-human-connection-in-healthcare-combine-digital-and-analog-ingredients/”}},”id”:”2g9401pdpj3g00″},{“textContent”:” Aug 14, 2024,09:45am EDT Overcoming The Challenges Of Using AI Chatbots In Healthcare”,”scope”:{“topStory”:{“index”:3,”title”:”Overcoming The Challenges Of Using…
What is Business Intelligence (BI): Complete Implementation Transforming Your Organization with the Power of Business Intelligence Share Share Understanding Business Intelligence Through Modernizing ETL Share Email How to choose the right ETL tool? Bismart Partner Power BI With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to over…
The 10 Biggest Microsoft News Stories Of 2024 (So Far) The 10 Biggest Microsoft News Stories Of 2024 (So Far) New partner program investments, AI innovation and cloud outages are among the biggest headlines so far. New partner program investments. Innovation in the artificial intelligence portfolio. And cloud outages and concerns around security. These are some of the ways Microsoft has captured headlines in 2024 so far as the Redmond, Wash.-based tech giant rides high on its role as one of the biggest companies in the growing AI space. Microsoft Business Intelligence – Business Excellence Microsoft CEO Satya Nadella – named in July as CRN’s No. 1 Most Influential Executive…
Google Business Profile - The Evolution of Google My… 6 ways the Google antitrust ruling could change the internet State Zip Code Country News Google Provides First Look at Plans for Chicago's Thompson Peep This List Of Financial Resources For Black Business Owners And Entrepreneurs by Derek Major August 13, 2024 For Black Business Month, Black Enterprise has compiled a list of financial resources that will help Black entrepreneurs. Black-owned businesses have been thriving this year. Whether it’s retail, hair and beauty, food, or liquor, there are more Black entrepreneurs than ever, and many are becoming successful businessmen and women. Despite the news, many Black entrepreneurs struggle to find…
Qlik Introduces Qlik Answers to Transform… Qlik Introduces Qlik Answers to Transform Unstructured Data into Business Insights PHILADELPHIA, July 30, 2024 — Qlik, a global leader in data integration, analytics, and artificial intelligence (AI), today announced the general availability of Qlik Answers, its newest self-service AI solution designed to help organizations harness the power of AI by removing the risk, embracing the complexity, and scaling the impact of AI. Qlik Answers transforms unstructured data into actionable results through generative AI, offering full explainability—a common obstacle in enterprise AI adoption. Qlik Answers combines generative AI with Qlik’s trusted data analytics capabilities to deliver precise, contextually relevant results…
Qlik Answers Now Available for AI-Driven, Fully… Qlik Answers Now Available for AI-Driven, Fully Explainable Insights from Vast Unstructured Business Data PHILADELPHIA, July 30, 2024 (GLOBE NEWSWIRE) — Qlik®, a global leader in data integration, analytics, and artificial intelligence (AI), today announced the general availability of Qlik Answers™, its newest self-service AI solution designed to help organizations harness the power of AI by removing the risk, embracing the complexity, and scaling the impact of AI. Qlik Answers transforms unstructured data into actionable results through generative AI, offering full explainability—a common obstacle in enterprise AI adoption. Qlik Answers combines generative AI with Qlik’s trusted data analytics capabilities to…
Artificial Intelligence Tech 2024 Artificial Intelligence Tech 2024-08-13T18:31:05Z Replika lets you buy an AI girlfriend or boyfriend — and its average user age is surprising Replika CEO Eugenia Kuyda said the app’s users are “mostly 35-plus and super engaged.” Some people have formed deep bonds with their AI companions. Tech 2024-08-13T13:40:11Z AI and security concerns fuel a shift to on-premises IT infrastructure as companies seek more control of data AI, data privacy, and security concerns are pushing companies to adopt hybrid IT infrastructure that combines on-prem hardware with cloud services. The best business intelligence (BI) software in Zapier The US and some of its…
Major economist delivers hard-nosed message to Fed Major economist delivers hard-nosed message to Fed Interest-rate futures show a 62.5% chance that the Fed opts for 25 points and a 37.5% chance that it chooses 50 points, according to CME FedWatch. For what it’s worth, my own opinion, formed from 40 Steps to Starting a Business While Keeping Your Full-Time Job Major economist delivers hard-nosed message to Fed Interest-rate futures show a 62.5% chance that the Fed opts for 25 points and a 37.5% chance that it chooses 50 points, according to CME FedWatch. For what it’s worth, my own opinion, formed from 40 Major economist delivers hard-nosed…
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Microsoft announces Power BI Premium Microsoft announces Power BI Premium Microsoft is expanding its business analytics and intelligence portfolio with the announcement of Power BI Premium. Power BI Premium is an extension of the company’s Power BI solution that provides improved performance for larger data volumes. “Power BI was first made generally available in July 2015. Since then, Microsoft’s driving vision for Power BI has been to enable users across roles, disciplines and industries to sign up for the service in seconds and get business value by drawing insights from their data within minutes,” Kamal Hathi, general manager at Microsoft, wrote in a post. “Power…
BI tools give businesses access to real-time data Transforming Your Organization with the Power of Business Intelligence Share Share What is Power BI - BeyondKey Systems Share Email Connect MySQL To Power BI Step By Step [] - ScaleGrid With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to…
The Four Pillars of Business Intelligence Transforming Your Organization with the Power of Business Intelligence Share Share How to Transform your Business With Power BI - Atidan Technology Share Email Microsoft Power BI Data Visualization Business intelligence With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to…
Talent Intelligence: Unlocking The Power Of… Talent Intelligence: Unlocking The Power Of Multidimensional Data Joanna Riley, CEO & cofounder of Censia. Striving for a more just and efficient global economy through better talent data and technology. getty In the age of data-driven decision-making, the significance of structured, multidimensional data cannot be overstated. This data type forms the backbone of advanced AI systems, facilitating nuanced insights and predictive analytics essential for modern business strategies, including talent management. Microsoft Business Intelligence – Business Excellence Data-Driven Recruiting And Talent Management Companies that harness data in talent management have seen remarkable improvements in both efficiency and insights into workforce dynamics.…
54 Predictions About The State Of Data In 2021 54 Predictions About The State Of Data In 2021 From 2010 to 2020, the amount of data created, captured, copied, and consumed in the world increased from 1.2 trillion gigabytes to 59 trillion gigabytes, an almost 5,000% growth. What will data do in the coming decade? Happy New Year! getty 26 the five-year compound annual growth rate (CAGR) through 2024 of the data created, captured, copied, and consumed in the world; the amount of data created over the next three years will be more than the data created over the past 30 years [IDC] ⦨ Richard van Dijk ⦩ LinkedIn 22 the…
Artificial Intelligence Stocks: The 10 Best AI Companies Artificial Intelligence Stocks: The 10 Best AI Companies Artificial intelligence, automation and robotics are disrupting virtually every industry. Remarkable advances in AI technology — including OpenAI’s ChatGPT AI chatbot, GitHub’s Copilot AI code generation software and Google’s Gemini AI model — are now familiar names for many. [Sign up for stock news with our Invested newsletter.] Whether it be machine learning, large language models, smart applications and appliances, digital assistants, synthetic media software, or autonomous vehicles, companies that aren’t investing in AI products and services risk becoming obsolete. Countless companies stand to benefit from AI, but a handful of stocks…
Talent Intelligence: Unlocking The Power Of… Talent Intelligence: Unlocking The Power Of Multidimensional Data Joanna Riley, CEO & cofounder of Censia. Striving for a more just and efficient global economy through better talent data and technology. getty In the age of data-driven decision-making, the significance of structured, multidimensional data cannot be overstated. This data type forms the backbone of advanced AI systems, facilitating nuanced insights and predictive analytics essential for modern business strategies, including talent management. What Is Business Intelligence (BI)? Types, Benefits, and Examples Data-Driven Recruiting And Talent Management Companies that harness data in talent management have seen remarkable improvements in both efficiency and insights…
How to create Excel dashboards with Claude 3 AI in minutes How to create Excel dashboards with Claude 3 AI in minutes If you are looking for a fast and efficient way to create Excel dashboards to present your data in presentations or reports. You might be interested to know that you can use the power of Claude 3 AI to help create these Excel interactive dashboards just a few minutes. Saving you hours of time which can be spent more wisely. Creating interactive dashboards has become an essential skill and by using Claude 3 AI, a powerful artificial intelligence tool, this process has been streamlined and simplified. This guide created…
The Coolest Business Analytics Companies Of The 2023… The Coolest Business Analytics Companies Of The 2023 Big Data 100 Part 1 of CRN’s Big Data 100 takes a look at the vendors solution providers should know in the data analytics and business intelligence space. Analytical Approach It’s no surprise that in diagrams and visual representations of big data IT systems, data analytics and visualization software are usually at the top of the big data “technology stack.” They are the software tools that business analysts and information workers use to gain understanding and insight from the exponentially growing volumes of data businesses are generating today and to share that…
AI is approaching an open-source inflection point… AI is approaching an open-source inflection point $75 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. Global news & analysisExpert opinionFT App on Android & iOSFT Edit appFirstFT: the day’s biggest stories20+ curated newslettersFollow topics & set alerts with myFTFT Videos & Podcasts20 monthly gift articles to shareLex: FT’s flagship investment column15+ Premium newsletters by leading expertsFT Digital Edition: our digitised print edition Small language models and open source are transforming AI Free and Open Source Business Intelligence Tools Logz SLMs also sharpen customization. These models…
Hidden Apple Intelligence Features Revealed Hidden Apple Intelligence Features Revealed Apple’s latest iOS 18.1 beta 2 update brings a suite of advanced AI-driven features for Apple Intelligence designed to transform your user experience. These hidden gems leverage Apple’s innovative AI technology to automate tasks, enhance communication, and create personalized content, ultimately streamlining your daily interactions with your device. Let’s dive into the details of these innovative features. Smart Reply: Effortless Email and Message Responses The Smart Reply feature in iOS 18.1 takes the hassle out of responding to emails and messages. Intelligently analyzing the content of your incoming communications suggests complete, contextually relevant replies. Whether you receive…
AI For Business Intelligence From recruitment to performance: AI and ML transforming HR operations The current era, known as the ‘digital age’, has seen digital transformation become a global consensus among businesses. Many experts believe that transformation has been accelerated by as much as half a decade in the wake of the pandemic, which saw digital transformation at a never-before-seen scale. This transformation is disrupting almost all industries, and human resources (HR) is no exception. In this digitised world, HR must reinvent itself. By stepping up to this challenge, HR can create immense value for both organisations and their employees. However, it is crucial…
How Zebra Technologies Uses Machine Vision to… How Zebra Technologies Uses Machine Vision to Transform Production Automation Machine vision is the focus of Machine Design’s Takeover Topic Event (Aug. 12-16, 2024). Covering the gamut of vision systems, the lineup includes case histories, trends and interviews with notable players to watch in this space. In the accompanying video, Andrew Zosel, senior vice president and general manager, Zebra Technologies, explains the vision and strategy behind recent acquisitions and the resultant solutions. Machine vision is a significant part of that investment and future growth at Zebra, said Zosel. (In parts 2 and 3 of this interview series focusing on machine…
Qlik Sense Business Analyst Certification - Credly Exciting New Partnership: Optimum and Qlik Join Forces to Transform Data Analytics for Clients With Seamless Data Integration and Cutting-Edge Visualization, This Partnership Will Drive Business Growth and Empower Data-Driven Decisions for Businesses of All Sizes HOUSTON, TX / ACCESSWIRE / August 8, 2024 / Optimum Consultancy Services, a leader in IT consulting that specializes in data, business intelligence (BI), and artificial intelligence (AI) solutions, is thrilled to announce a new strategic partnership with Qlik®, a renowned leader in data integration and data analytics solutions. This partnership is set to transform the way businesses leverage data for strategic decision-making. Through…
Snowflake launches Cortex Analyst, an agentic AI… Snowflake launches Cortex Analyst, an agentic AI system for accurate data analytics Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Snowflake is all set to deploy powerful language models for complex data work. Today, the company announced it is launching Cortex Analyst, an all-new agentic AI system for self-service analytics, in public preview. First announced during the company’s data cloud summit in June, Cortex Analyst is a fully managed service that provides businesses with a conversational interface to talk to their data. All the users have to do is…
Ethical Considerations in BI Business Intelligence vs. Competitive Intelligence: What’s the Difference? Business Intelligence vs. Competitive Intelligence: An Overview Competitive intelligence is the act of understanding a company’s industry and industry rivals so the company can make better business decisions. Business intelligence refers to the tools, software, and systems that play a vital role in the strategic planning process of a company. Key Takeaways Competitive intelligence is the outward-focused analysis of a business’s competitors to identify advantages and potential strategies.In contrast, business intelligence is the inward-focused evaluation of the business’s own data, which can help improve efficiency and growth.Combining both business and competitive intelligence…
Business Intelligence vs. Competitive Intelligence Business Intelligence vs. Competitive Intelligence: What’s the Difference? Business Intelligence vs. Competitive Intelligence: An Overview Competitive intelligence is the act of understanding a company’s industry and industry rivals so the company can make better business decisions. Business intelligence refers to the tools, software, and systems that play a vital role in the strategic planning process of a company. Key Takeaways Competitive intelligence is the outward-focused analysis of a business’s competitors to identify advantages and potential strategies.In contrast, business intelligence is the inward-focused evaluation of the business’s own data, which can help improve efficiency and growth.Combining both business and competitive intelligence…
RBC Capital Keeps Their Buy Rating on Jasper… RBC Capital Keeps Their Buy Rating on Jasper Therapeutics (JSPR) In a report released yesterday, Gregory Renza from RBC Capital maintained a Buy rating on Jasper Therapeutics (JSPR – Research Report), with a price target of $68.00. The company’s shares closed yesterday at $18.85. Renza covers the Healthcare sector, focusing on stocks such as Perspective Therapeutics, Pacira Pharmaceuticals, and Viridian Therapeutics. According to TipRanks, Renza has an average return of 13.8% and a 45.27% success rate on recommended stocks. Jasper Therapeutics has an analyst consensus of Strong Buy, with a price target consensus of $72.71, which is a 285.73% upside…
22nd Century Technologies Buys TreasurySoft 22nd Century Technologies Buys TreasurySoft to Expand ERP Capabilities for Federal Market Clients McLean, Virginia-based 22nd Century Technologies Inc. has acquired TreasurySoft in a transaction that expands its enterprise resource planning practice and capabilities to deliver digital transformation platforms to federal, state, local government and transit agencies. TSCTI said Tuesday TreasurySoft provides PeopleSoft and Oracle Fusion ERP Treasury Management Systems and other tech platforms that offer real-time insights across cash management, risk management, investment management and other critical financial functions. “By bringing TreasurySoft into our fold, we are not only expanding our ERP capabilities but also setting the stage to…
Analysts laud SAS’ innovation in AI, marketing, risk… Analysts laud SAS’ innovation in AI, marketing, risk and fraud solutions Investment by SAS drives accolades in multiple reports from top analyst firms CARY, N.C., July 30, 2024 /PRNewswire/ — When choosing new technologies like generative AI (GenAI) or selecting vendors for mission-critical functions like managing risk, improving marketing and customer loyalty, and fighting fraud and financial crimes, organizations often seek the advice of top industry analyst firms. Top industry analyst firms have once again have recognized SAS as a leader in key business and technology areas. Statistical Business Analysis SAS And these top firms once again have recognized SAS…
Understanding Business Intelligence Transforming Your Organization with the Power of Business Intelligence Share Share reasons to use Microsoft Power BI Stitch Share Email Power BI - Data Visualization Microsoft Power Platform With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to over 17,000 small…
Business Intelligence Improved Decision Making How AI Can Power Brand Management Marketers have begun experimenting with AI to improve their brand-management efforts. But unlike other marketing tasks, brand management involves more than just repeatedly executing one specialized function. Long considered the exclusive domain of creative talent, it encompasses multiple activities designed to build the reputation and image of a business—such as crafting and communicating the brand story, ensuring that the product or service and its price reflect the brand’s competitive positioning, and managing customer relationships to forge loyalty to the brand. A brand is a promise to customers about the quality, style, reliability, and aspiration…
Transforming of Power Business Intelligence Transforming Your Organization with the Power of Business Intelligence Share Share What are Business Intelligence Tools and the Types of Business Share Email The Business Intelligence Index - Gradient Flow With the ability to drive strategic initiatives, make educated decisions and extract valuable insights from raw data, business intelligence (BI) has become a key enabler for organizational success. BI has revolutionized the way businesses operate and plan for the future in this age of intense competition and rapid technological advancement. One of the most powerful business intelligence tools available, Intellicus has provided tailored solutions to over…
Global Edge Data Center Market Predicted to Cross… Business Intelligence and Analytics Fusion Introduces New AI-Powered Scenario Simulation and Intelligence Suite Fusion Risk Management (Fusion), a provider of cloud-based operational resilience, business continuity, and risk management solutions, is releasing its new Scenario Simulation and Intelligence suite—enabling companies to simulate thousands of possible scenarios against their resilience plans and strategies to identify points of weakness at scale. Posted August 14, 2024 Ridge Security Enhances Proactive Exposure Management with RidgeBot 4.3.3 Ridge Security Technology Inc. is releasing RidgeBot version 4.3.3, introducing a powerful integration that enhances proactive exposure management for organizations—combining RidgeBot’s automated vulnerability detection and validation capabilities with leading…
Why Business Intelligence (BI) Is A Must-Have Tool for Every Should Central Maine Power go “dark” to the regulators? A proposed financial reorganization of Central Maine Power (CMP), the state’s dominant electric company, is generating fierce consumer opposition at the Maine Public Utilities Commission. Augusta-based Avangrid (NYSE:AGR), CMP’s owner since 2015, is 81.6% owned by Spanish energy conglomerate Iberdrola, which wants the state regulators to rubber stamp a deal where Iberdrola would acquire the remaining 18.4% of Avangrid for $2.5 billion. Iberdrola said, “The objective of this transaction is to increase exposure to the networks business in the United States at a key moment for Iberdrola, which wants to grow in markets with strong credit…
How to create Excel dashboards with Claude How to create Excel dashboards with Claude 3 AI in minutes If you are looking for a fast and efficient way to create Excel dashboards to present your data in presentations or reports. You might be interested to know that you can use the power of Claude 3 AI to help create these Excel interactive dashboards just a few minutes. Saving you hours of time which can be spent more wisely. Creating interactive dashboards has become an essential skill and by using Claude 3 AI, a powerful artificial intelligence tool, this process has been streamlined and simplified. This guide created…
Meta scraps celebrity AI chatbots after less than a year Artificial Intelligence Tech 2024-08-13T18:31:05Z Replika lets you buy an AI girlfriend or boyfriend — and its average user age is surprising Replika CEO Eugenia Kuyda said the app’s users are “mostly 35-plus and super engaged.” Some people have formed deep bonds with their AI companions. Tech 2024-08-13T13:40:11Z AI and security concerns fuel a shift to on-premises IT infrastructure as companies seek more control of data AI, data privacy, and security concerns are pushing companies to adopt hybrid IT infrastructure that combines on-prem hardware with cloud services. Business Intelligence PowerPoint Template PPT Templates The US and some of its allies just…
SEALSQ Unveils Revolutionary Artificial Intelligence… SEALSQ Unveils Revolutionary Artificial Intelligence for Internet of Things (AIoT) Strategy, Pioneering the Future of Connected Intelligence Geneva, Switzerland, Aug. 14, 2024 (GLOBE NEWSWIRE) — SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, announces its bold entry into the AI chip market, underscored by its visionary AIoT (Artificial Intelligence for Internet of Things) strategy, which seamlessly merges the power of AI with the expansive potential of IoT technologies. This move positions SEALSQ at the cutting edge of technological innovation, where the convergence of AI…
Paid Apple Intelligence features won’t come until at… Paid Apple Intelligence features won’t come until at least 2027 In years to come, some advanced Apple Intelligence features could have a price tag attached. In the forthcoming Apple Intelligence features, there was no mention of any fees or subscription charges. That could change as early as 2027. AppleInsider has previously discussed that future Apple Intelligence features, particularly those for more advanced users, could come with a subscription or fee structure. That said, it is unlikely that users will see such features before 2027 at the earliest, according to Bloomberg’s Power On newsletter. The first set of features of Apple…
Business Intelligence in ERP (The Role of BI Tools in ERP) De-siloing the enterprise: The challenges and opportunities in data consolidation A hot topic in the data management space is the argument against data silos. Factors such as generative artificial intelligence and decentralized data infrastructures have intensified the need to embrace the data consolidation ethos. RelationalAI’s Molham Aref discusses modern data platforms. What is the imperative to de-silo data operations? And what challenges and opportunities exist as companies move toward interconnected data infrastructures? “You’re building intelligent applications, and by definition, these applications have to look at data,” said Molham Aref (pictured), chief executive officer of RelationalAI Inc. “The old architecture is where…
usiness Intelligence for E-commerce KeyPoint For… True luxury is IRL E-commerce is great for a lot of things — snagging sales, stocking up on staples, buying stupid stuff we really do not need. But people’s voracious appetite for online shopping does appear to have its limits, specifically when it comes to luxury. The expectation has long been that e-commerce would revolutionize luxury, just as it has so much of retail. It killed many malls and bookstores; it made Walmart go digital; it transformed shipment and logistics operations across the globe. So why wouldn’t it disrupt such an expensive, lucrative space? It turns out we still like…
Common Mistakes to Avoid When Hiring a Power BI Developer Common Mistakes to Avoid When Hiring a Power BI Developer Businesses depend intensely on information analytics to make informed decisions, and Power BI has risen as a prevalent tool for turning raw data into significant insights. Hiring a Power BI engineer is a crucial choice that can altogether affect your organization’s victory. In any case, companies frequently make a few mistakes when hiring Control BI engineers that can lead to project delays, destitute results, and unnecessary costs. Here are five common mistakes businesses make when hiring Power BI developers and we offer significant tips to avoid them. Common mistakes when…
How Gen Z Is Changing Business and the Workplace Microsoft to reinvent office apps with Artificial Intelligence toolsWashington [US], March 17 (ANI): Microsoft is reinventing its Power Platform’s software development, including Outlook, PowerPoint, Excel and Word, with AI-powered no-code development and adding new features like Copilot. In an event on Thursday (Local Time), the company announced that Microsoft 365 users will soon be able to use what the company is calling an AI “Co-pilot,” Microsoft said in a statement. “Makers now have a live in-studio copilot that helps them build solutions and provides suggestions for improvement. To build an app, flow, or bot, you can describe it using natural…
Hidden Apple Intelligence Features Revealed Hidden Apple Intelligence Features Revealed Apple’s latest iOS 18.1 beta 2 update brings a suite of advanced AI-driven features for Apple Intelligence designed to transform your user experience. These hidden gems leverage Apple’s innovative AI technology to automate tasks, enhance communication, and create personalized content, ultimately streamlining your daily interactions with your device. Let’s dive into the details of these innovative features. Smart Reply: Effortless Email and Message Responses The Smart Reply feature in iOS 18.1 takes the hassle out of responding to emails and messages. Intelligently analyzing the content of your incoming communications suggests complete, contextually relevant replies. Whether you receive…
Smart Automation: AI’s Impact On Operational Efficiency Smart Automation: AI’s Impact On Operational Efficiency Atal Bansal is the Founder and CEO at Chetu, a global U.S.-based custom software solutions and support services provider. getty AI “smart” or “intelligent” automation seems unstoppable because it promises to save money, minimize human error, and produce faster results. The impact on workers and the workplace will be dramatic. Business Intelligence: making Smart Business Decisions Goldman Sachs reports that “two-thirds of occupations could be partially automated by AI.” McKinsey echoes this sentiment in an article: “Current generative AI and other technologies have the potential to automate work activities that absorb 60 to…
Oracle 23ai: The Database Just Got a Brain Oracle 23ai: The Database Just Got a Brain The database world is undergoing a renaissance. Fueled by the rise of Large Language Models, hybrid cloud data management, and the explosion of data-driven applications, databases are once again at the forefront of technological innovation. Yet, this resurgence comes at a time of unprecedented challenges. The relentless onslaught of data and the ever-present threat of cyberattacks have stretched database professionals to their limits. Oracle, a behemoth in the database landscape, has responded with a daring gambit: Oracle Database 23ai. This isn’t merely an update; it’s a full-blown integration of AI and machine…
Microsoft Power BI: A Powerful Cloud Based Business… Free Business Email: 7 Legit Ways to Get Free Addresses All businesses need branded email addresses, and small businesses and startups often need it to be as cheap as possible. To help, we rounded up the best legitimate ways to get a free business email address. All are secure and credible for professional use. Some are completely free, while others include free email accounts with products like domains, web hosting, and office software. Best free business email addresses: Zoho Mail Best for Gmail business email: Google Workspace Best for a free email address with cheap domain purchase: IONOS Best website…
Microsoft Dynamics vs. Salesforce: Comparison 2024 Microsoft Dynamics vs. Salesforce: Comparison 2024 Salesforce vs. Microsoft Dynamics 365 Overview Salesforce’s Sales Hub and Microsoft Dynamics 365 Sales are similar products that offer most of the CRM features you expect to find in standalone CRM software. We compare these two as the primary CRM offerings from both providers, though other products exist for marketing, customer service and other work management functions. Salesforce is a highly customizable CRM that teams can configure for almost any business need, while Microsoft Dynamics 365 serves as a centralized place for customer data for teams that already use it. Salesforce vs. Microsoft Dynamics…
Can AI even be open source? It’s complicated Can AI even be open source? It’s complicated zf L/Getty Images Without open source, there is no artificial intelligence (AI). Period. End of statement. It’s not just that AI’s early roots spring from the 1960s’ open language Lisp; the headline AI generative models, such as ChatGPT, Llama 2, and DALL-E, are built on solid, open-source foundations. However, those models and programs themselves are not open source. Also: AI scientist: ‘We need to think outside the large language model box’ Best Free and Open Business Intelligence Tools CIO Women Magazine Oh, I know that when Meta CEO Mark Zuckerberg unveiled Llama …
The Microsoft Dynamics 365 CRM is excellent Microsoft Dynamics vs. Salesforce: Comparison 2024 Salesforce vs. Microsoft Dynamics 365 Overview Salesforce’s Sales Hub and Microsoft Dynamics 365 Sales are similar products that offer most of the CRM features you expect to find in standalone CRM software. We compare these two as the primary CRM offerings from both providers, though other products exist for marketing, customer service and other work management functions. Salesforce is a highly customizable CRM that teams can configure for almost any business need, while Microsoft Dynamics 365 serves as a centralized place for customer data for teams that already use it. Salesforce vs. Microsoft Dynamics…
Combine Microsoft and Power BI Microsoft Power BI Free Business Email: 7 Legit Ways to Get Free Addresses All businesses need branded email addresses, and small businesses and startups often need it to be as cheap as possible. To help, we rounded up the best legitimate ways to get a free business email address. All are secure and credible for professional use. Some are completely free, while others include free email accounts with products like domains, web hosting, and office software. Best free business email addresses: Zoho Mail Best for Gmail business email: Google Workspace Best for a free email address with cheap domain purchase: IONOS Best website…
Salesforce vs. Microsoft Dynamics 365 Overview Microsoft Dynamics vs. Salesforce: Comparison 2024 Salesforce vs. Microsoft Dynamics 365 Overview Salesforce’s Sales Hub and Microsoft Dynamics 365 Sales are similar products that offer most of the CRM features you expect to find in standalone CRM software. We compare these two as the primary CRM offerings from both providers, though other products exist for marketing, customer service and other work management functions. Salesforce is a highly customizable CRM that teams can configure for almost any business need, while Microsoft Dynamics 365 serves as a centralized place for customer data for teams that already use it. Salesforce vs. Microsoft Dynamics…
