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Unpacking Business Transformation in Healthcare and Life Sciences

Perficient

In our previous article , we illuminated the significance of business transformation for life sciences and healthcare organizations (LS/HCOs). Mapping the Path to Transformation Embarking on a business transformation journey requires strategic planning, fostering a blend of vision, technology, and agility.

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AI in Healthcare: Revolutionizing Patient Care… With Caution

Perficient

Ensuring that AI systems are trained on diverse data sets and are transparent in their decision-making processes, with accountability for errors and outcomes, is crucial for fairness and equity. In addition, healthcare professionals need proper training to effectively utilize AI tools and interpret their results.

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The end of digital transformation and the rise of business model innovation

CIO

But the call for digital transformation really gained popularity after 2011 when Capgemini, in partnership with MIT, officially coined the term , defining it as “the use of technology to radically improve performance or the reach of businesses.” With a changed mindset and concrete actions, true business transformation is possible.

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20 Essential Terms that You Need to Know to Transform Your Business

N2Growth Blog

Whenever you begin business transformation work, it’s important to establish a common vocabulary that everyone in the organization can grasp and incorporate into their respective vocabularies. This enables training to be provided in response to the ever-changing needs of the workforce.

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How CIOs align with CFOs to build RevOps

CIO

Strategic planning, revenue enhancement, budgeting — all of those are incredibly important topics that CIOs need to work on with their CFOs,” he says. The models then get additional training and controls within that environment, he adds. The second model was trained on contracts and developed with the help of an outside vendor.

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The Royal Mint’s diversification means all change for IT and security

CIO

More recently, The Royal Mint has evolved its business model in the face of declining cash usage, from its core business of coins and metal manufacturing through to bullion trading, a new consumer business and jewellery line, as well as tentative steps into digital gold and recycling e-waste.

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Intelligent products boost customer experiences. But companies should be careful how data is used

Capgemini

Federated learning: AI models are trained across decentralized user data while keeping the information on users’ devices. ADOPT A DATA-FIRST APPROACH Strategic planning and decision-making should start with data to develop and enhance intelligent products that put the customer experience and outcomes first. Interesting read?