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Off the Shelf vs Custom Software: Making the Right Choice for Your Business

Trigent

Here’s all that you need to make an informed choice on off the shelf vs custom software. While doing so, they have two choices – to buy a ready-made off-the-shelf solution created for the mass market or get a custom software designed and developed to serve their specific needs and requirements.

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Palantir alums raise $25M from Peter Thiel’s Founders Fund and other VCs for their finance startup, Mosaic

TechCrunch

Along that journey, we tried all the off the shelf tools that exist and they had a really hard time keeping pace with the needs and the requests of the business,” CEO Moallemi recalls. “We It’s pulling down data from disparate systems, it’s doing ad hoc Excel formulas, it’s often one-off analyses.

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Next Best Action Marketing: How to Implement Hyper-Personalization with Machine Learning

Altexsoft

In this article, we’ll discuss what the next best action strategy is and how businesses define the next best action using machine learning-based recommender systems. The funnel for each customer is unique as each customer learns about a company or its services at their own pace and style. This changes the game for marketers.

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Propensity Model: How to Predict Customer Behavior Using Machine Learning

Altexsoft

Built in a traditional statistical fashion, the accuracy of outcomes predictive tools provide isn’t always high. To help companies unlock the full potential of personalized marketing, propensity models should use the power of machine learning technologies. Alphonso – the US-based TV data company – proves this statement.

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Demand Forecasting Methods: Using Machine Learning and Predictive Analytics to See the Future of Sales

Altexsoft

Let’s compare the existing options: traditional statistical forecasting, machine learning algorithms, predictive analytics that combine both approaches, and demand sensing as a supporting tool. What is the top pain point for business executives? The world’s largest IT research firm Gartner gives a clear answer: demand volatility.

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The Process Automation Map

Bernd Rucker

In this case, the decision is not too hard: as thousands of companies have the exact same requirements you have, you can simply buy a standard HR software or leverage an off-the-shelf cloud service around payroll. As a first project, you need to automate the payroll run, which is a manual and tedious process at your company currently.

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The GenAI automation potential of data extraction

Xebia

Together, we will learn about: Why GenAI data extraction The automation levels The automation potential Let’s start! What is still fantasy and what concrete potential exists? What should be automated and what should not? In this blogpost, we explore the GenAI automation potential that exists today for data extraction.

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