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How Off-the-Shelf Tech Can Make Factories More Profitable

Harvard Business Review

Too often, smaller companies are intimidated by the high costs, complexity, and long installation times that high-end smart factory systems can require. Companies can see big financial benefits by utilizing existing data and simpler technologies to reduce waste, labor costs, overhead, and utility expenses. This is short-sighted.

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Deep tech startups in need of funding should consider federal grants

TechCrunch

Xipeng Shen is a professor at North Carolina State University and ACM Distinguished Member, focusing on system software and machine learning research. who aim to power next-generation technology without the need for expensive hardware that takes billions of dollars to develop and years to deploy. We’re a group of Ph.D.s

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How to kick-start your generative AI strategy

CIO

When a technology this powerful comes along where you have to learn by doing, finding reasons not to do it is a pretty big error,” he says. These risks are things you have to worry about with any other large-scale database technology project—but they’re not terrifying, and you have a great deal to gain,” says McAfee. By not entering.

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Top 10 reasons to modernize technology now

CIO

The big picture: Modernizing applications can help companies take advantage of the latest technologies, streamline their operations, and stay ahead of the competition. Where IT leaders once focused only on technology, they now add greater value by relating technology’s possibilities to business outcomes and competencies.

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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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How real-time operational insights drive superior tech platform development

CIO

The “one size fits all” approach often employed leads to inadequacies due to inabilities to account for the demands of a broad range of users. Therefore, while tech-driven solutions are promising, they require an approach that’s mindful of these pitfalls. Cost overruns have been another significant concern.

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Valence raises $25M to track team performance with continuous reviews

TechCrunch

Valence , a growing teamwork platform, today announced that it raised $25 million in a Series A round led by Insight Partners. Co-founder and CEO Parker Mitchell said that the tranche will be used to triple the size of the company’s team to 75, expand its sales footprint (particularly in Europe), and build out Valence’s product team.