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COTS stands for Commercial-Off-the-Shelf, and it refers to software targeted to a certain, specially defined range of business based on predetermined specifications. It also alleviates concerns about the challenges of developing and sustaining private IT solutions compared to Commercial-Off-the-Shelf available IT applications.
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This is both frustrating for companies that would prefer making ML an ordinary, fuss-free value-generating function like software engineering, as well as exciting for vendors who see the opportunity to create buzz around a new category of enterprise software. The new category is often called MLOps. However, the concept is quite abstract.
It is usually technical or sales/marketing in nature. Thus, they fail to establish a company vision and miss their business mark. Outside of 'think tanks' for company executive committees, full-scope education does not occur. Training is rarely allowed to be extensive. I conduct Executive Think Tanks for corporate management.
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Thomas Cook, an iconic travel company from the UK, is believed to be the first tour operator. For the record, the business developed into a global company operating its airline and dealing with multi-million revenue streams, went through a compulsory liquidation in 2019, and was relaunched as an online-only travel agency in 2020.
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US company executives that participated in the Data trust pulse survey by PricewaterhouseCoopers noted that unreliable data is one of the obstacles to monetizing data. US company executives that participated in the Data trust pulse survey by PricewaterhouseCoopers noted that unreliable data is one of the obstacles to monetizing data.
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