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How to build a successful product development strategy

IBM Big Data Hub

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. Why is a strong product development strategy important? Consumers have access to more information than ever to compare products and brands.

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How to build a successful procurement strategy

IBM Big Data Hub

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. A procurement strategy is not merely a series of steps for acquiring goods and services. What is a procurement strategy?

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4 Key Elements of Enterprise AI Strategy

bridgei2i

4 Key Elements of Enterprise AI Strategy. It combines the human capacities for learning, perception, and interaction to perform business operations. However, due to a lack of foundation to embed AI capabilities, companies cannot successfully leverage AI into their data and operational strategy. Strong Data-Driven Culture.

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

IBM Big Data Hub

It also drives improved outcomes and performance through enhanced visibility and planning, which includes comparing actual spending against forecasts, ensuring that architecture aligns with business and technological objectives, and increasing automation.

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Defining clear metrics to drive model adoption and value creation

Domino Data Lab

It’s often stated that nothing changes inside an enterprise because you’ve built a model. In some cases, data science does generate models directly to revenue, such as a contextual deal engine that targets people with offers that they can instantly redeem. But what about good decisions?

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

CIO Business Intelligence

In this article, I’ll explore common cloud optimization and FinOps challenges and strategies for overcoming them. The business unit must tie back to the key performance indicators (KPIs) associated with the domain and the objectives and key results (OKRs).