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P&G turns to AI to create digital manufacturing of the future

CIO Business Intelligence

(P&G) has grown to become one of the world’s largest consumer goods manufacturers, with worldwide revenue of more than $76 billion in 2021 and more than 100,000 employees. In summer 2022, P&G sealed a multiyear partnership with Microsoft to transform P&G’s digital manufacturing platform. Smart manufacturing at scale.

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3 AI Trends from the Big Data & AI Toronto Conference

DataRobot Blog

The DataRobot expo booth at the 2022 conference showcased our AI Cloud platform with industry-specific demonstrations including Anti-Money Laundering for Financial Services , Predictive Maintenance for Manufacturing and Sales Forecasting for Retail. DataRobot Booth at Big Data & AI Toronto 2022.

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CIOs press ahead for gen AI edge — despite misgivings

CIO Business Intelligence

OpenAI’s November 2022 announcement of ChatGPT and its subsequent $10 billion in funding from Microsoft were the “shots heard ’round the world” when it comes to the promise of generative AI. And doing so requires taking risks , he says, something he believe IT leaders must embrace to succeed today. “We

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Ready Players Win: Leaders of the Future Enterprise

CIO Business Intelligence

We look at Midea Industrial Internet (MIOT), the recipient of the Future Enterprise of the Year at the IDC Future Enterprise Awards 2022. At the same time, they also increased the inventory turnover of finished products by 125%, paving the way for other enterprises in the manufacturing industry to become the next digital business.

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20 issues shaping generative AI strategies today

CIO Business Intelligence

The adoption curve here is by no means gradual, with most enterprise leaders quickly working to harness the technology’s potential mere months after the November 2022 launch of gen AI tool ChatGPT kicked off a wave of enthusiasm (and worry). And buyers most often disagreed that generative AI will expose them to greater risks.

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Stay Agile in a Shifting Manufacturing Market With Longview Tax

Jet Global

Tax teams of multinational enterprises (MNEs) in the manufacturing industry face increasing challenges to manage business and market risks effectively. These changes create an ever-increasing demand on manufacturing tax departments to report on cross-border situations and transactions.

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5 tips for startup partnership success

CIO Business Intelligence

Despite a volatile economy, corporate venture capital investments in startups fell by only 2% to $192 billion in 2022 , compared to a 25% drop in overall venture capital. In addition, the percentage of corporate-backed deals in early seed rounds increased from 10% in 2021 to 18% in 2022. Joanne Friedman, PhD.,