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How to implement enterprise resource planning (ERP)

IBM Big Data Hub

Once your business has decided to switch to an enterprise resource planning (ERP) software system, the next step is to implement ERP. For a business to see the benefits of an ERP adoption it must first be deployed properly and efficiently by a team that typically includes a project manager and department managers as well.

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A clear path to value: Overcome challenges on your FinOps journey 

IBM Big Data Hub

To maximize benefits and realize the potential of FinOps, organizations must forge a clear path and avoid common mistakes. It necessitates a revised approach to cost and value management, challenging organizations to move beyond their comfort zones and embrace continuous innovation.

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Conversational AI use cases for enterprises

IBM Big Data Hub

Enterprises can use NLU to offer personalized experiences for their users at scale and meet customer needs without human intervention. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends.

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What is Integrated Business Planning (IBP)?

IBM Big Data Hub

Integrated planning incorporates supply chain planning, demand planning, and demand forecasts so the company can quickly assess the impact on inventory levels, supply chain logistics, production plans, and customer service capacity. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

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Business process reengineering (BPR) examples

IBM Big Data Hub

This blog outlines some BPR examples that benefit from a BPM methodology. Technologies such as supply chain management software (SCM), enterprise resource planning (ERP) systems, and advanced analytics tools can be used to automate and optimize processes.

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Overcome the Challenges of Cloud Optimization & FinOps to Drive Business Value

CIO Business Intelligence

But when not managed strategically in the long run, cloud spending can quickly escalate and impact margins, cost of goods sold (COGS), and cost of revenue (COR). The business unit must tie back to the key performance indicators (KPIs) associated with the domain and the objectives and key results (OKRs).

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Businesses Across Various Industry Verticals Use Data Analytics

Smart Data Collective

Has the cost of data installation and maintenance increased with each passing day at your company? Customers may benefit from your big data while also acquiring Big Data Engineering skills that will help them achieve their goals and realize their visions. Enterprise-wide Big Data Analytics solutions are being implemented.