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

CIO Business Intelligence

To optimize cloud investments, C-level executives are increasingly adopting cloud financial operations (FinOps). In this article, I’ll explore common cloud optimization and FinOps challenges and strategies for overcoming them. GDT can help your organization improve cloud optimization and FinOps maturity.

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

IBM Big Data Hub

However, the rise of hybrid and multi-cloud patterns has led to challenges in optimizing value and controlling cloud expenditure, resulting in a shift from capital to operational expenses. Monitoring key performance indicators (KPIs) is essential to track progress effectively.

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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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3 forces shaping the evolution of ERP

CIO Business Intelligence

Moving into the digital 2020s, enterprises are contemplating the adoption of a new generation of collaborative, composable, and cloud-based enterprise resource planning (ERP) technologies, motivated by a stubborn pandemic, insecure supply chains, transient workforces, and other factors. Workforce shifts.

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Business process reengineering (BPR) examples

IBM Big Data Hub

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization.

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How to Take Your Business to The Next Level with Data Intelligence

erwin

The travel industry has found enhanced quality and range of products and services to provide travelers, as well as optimization of travel pricing strategies for future travel offerings. UPS employed the Orion route optimization system and was able to cut down 364 million miles from its routes globally.