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Captive centers are back. Is DIY offshoring right for you?

CIO Business Intelligence

Captive centers are no longer just means of value creation, providing cost savings and driving process standardization. As companies have grown comfortable with offshore and nearshore delivery, the captive model offers the opportunity to tap larger populations of lower-cost talent without handing the reins to a third party.

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Can AI Slash the Costs of Accounting Errors in 2020?

Smart Data Collective

We want to cover the costs of both job scheduling and appointment scheduling issues in this post. Companies that use machine learning can significantly reduce the costs of major accounting errors. What are the benefits of using machine learning to improve scheduling? Most accounting systems track risk assessments.

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Implementing a Cohesive Approach to Agile Portfolio Management in 2020

Smart Data Collective

This article is about the phenomenon of Agile Portfolio Management, its benefits, and a step-by-step plan of how to implement it. It helps them to achieve flexibility in work and focus on having tangible results in accordance with the company’s development strategy. Actuality of Agile Portfolio Management in 2020.

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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But this kind of virtuous rising tide rent, which benefits everyone, doesn’t last. Back in 1971, in a talk called “ Designing Organizations for an Information-rich World ,” political scientist Herbert Simon noted that the cost of information is not just money spent to acquire it but the time it takes to consume it. “In

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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. However, there are even more important benefits of using big data during a bad economy. Big data offers many benefits for companies in any economy. Some of these benefits include the following.

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5 recommendations to get your data strategy right

IBM Big Data Hub

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. Learn more about how to design and implement a data strategy that takes advantage of a hybrid multicloud landscape.

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What’s enabled Fresenius to transform IT

CIO Business Intelligence

“It’s better to do it quickly, like taking a Band-Aid off, even if it hurts for a short time,” he summed up at the recent Hamburg IT Strategy Days 2024. So this has been the approach to IT over the past two years, because when Elfering joined Fresenius in July 2020, he was faced with the daunting task of ushering in a new tech era.

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