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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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Low code/no code tools reap IT benefits—with caveats

CIO

Low-code/no-code visual programming tools promise to radically simplify and speed up application development by allowing business users to create new applications using drag and drop interfaces, reducing the workload on hard-to-find professional developers. So there’s a lot in the plus column, but there are reasons to be cautious, too.

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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

One tracks shoppers and objects across multiple camera views as a building block for cashierless store systems; one aims to prevent ticket-switching fraud at self-service checkouts; and one is for building analytics dashboards from surveillance camera video. Nvidia isn’t packaging these workflows as off-the-shelf applications, however.

Retail 189
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Getting specific with GenAI: How to fine-tune large language models for highly specialized functions

CIO

The challenge, as many businesses are now learning the hard way, is that simply applying black box, off-the-shelf LLMs, like a GPT-4, for example, will not deliver the accuracy and consistency needed for professional-grade solutions. The key to this approach is developing a solid data foundation to support the GenAI model.

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

TechCrunch

Mitchell describes it as a set of tools for talent and development, specifically teams-based coaching, in an organization. ” “[I] believe a new category of digital team based tools will emerge. These tools will focus on learning and collaboration together, in teams, which is where work is done.

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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

“Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We We don’t want to just go off to the next shiny object,” she says. “We We want to maintain discipline and go deep.”

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Cybersecurity Snapshot: NIST Program Assesses How AI Systems Will Behave in the Real World, While FBI Has Troves of Decryption Keys for LockBit Victims

Tenable

Check out the new ARIA program from NIST, designed to evaluate if an AI system will be safe and fair once it’s launched. 1 - NIST program will test safety, fairness of AI systems Will that artificial intelligence (AI) system now in development behave as intended once it’s released or will it go off the rails?