Transformation to a company’s products or services is usually driven based on consumer demands, technological innovations, or both. Upon recognizing the need for transforming your organization, the process in which you embark upon these changes will determine the success of your transformation. It takes careful restructuring to come up with sustainable solutions.
Creating a business that succeeds involves fostering a decision-making process that enables the organization to make solution-centric decisions. It’s a move away from a hierarchal process to one that places decision-making in the trenches of the day-to-day work, creates an organizational structure that eliminates information silos and shares decision-making with the most experienced, informed employees. How do you do this?
Analyzing your supply chain can help streamline processes and simplify acquisitions, but it also helps identify and eliminate waste, manages cashflow and uncovers risk patterns.
Today, machine learning is becoming incredibly important for businesses hoping to remain competitive. From shipping and logistics to the medical industry, machine learning is being used to improve upon products and processes. Here’s what you need to know about integrating machine learning into your organization’s infrastructure.
By: Dmitriy
When most people think of ML, they imagine a team of data scientists, high overhead costs for computer hardware and timelines that stretch into quarters or a year before seeing results. But today the market is filled with automation tools and cloud-based computing power. ML, AI, and Big Data are available more than ever. It is now easier for medium to large-size businesses to start using and applying these advancements in business intelligence technology to grow and improve their business.
Using cloud solutions opens your workforce to using virtually any Internet-connected device to access and process data. That means everyone gets to use the computing tool with which they feel most comfortable whether it’s the office’s iPads or a Windows computer. Another benefit is your office can purchase exactly the number of licenses it requires, then add to it as it hires office staff.
A few simple facts about blockchain tell the story of why 88 percent of healthcare providers consider it a viable solution. Some have already begun using the technology.
The new disruptor, blockchain provides applications to virtually every industry. Dive in to learn about blockchain and how it can help your business.
Financial industries and the global economy have experienced an array of ups and downs in the past decade. With some countries losing stability and others building themselves back up, it can quickly become unsettling guessing where the market may be at any given time.
