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Dump the RFP to reap better outsourcing results

CIO Business Intelligence

Kate Vitasek / University of Tennessee A University of Tennessee white paper — Unpacking Competitive Bidding Methods: The Essential ABCs of the Various RFX Methods — provides insight into the what, why, and how of the most popular bid methods. Why do transaction-based approaches fall short for more strategic relationships?

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Generative AI will profoundly change healthcare operations

CIO Business Intelligence

EXL predicts that if organizations fully adopt a digital strategy and optimally leverage technology, they could reduce overall administrative expenses by 40% to 50% in the next five years. In addition, large language models can both summarize massive amounts of data and create new, original content.

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5 rules that transform outsourcing outcomes

CIO Business Intelligence

For organizations seeking a collaborative win-win approach to outsourcing, the Vested sourcing business model is worth consideration. Pivot to an outcome-based business model Most outsourcing arrangements are traditionally built around a transactional model. Under the Vested model, the buyer specifies “what” they want.

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D-Wave puts a third quantum computer in the cloud

CIO Business Intelligence

While viable general-purpose quantum computing is still a way off, D-Wave Systems has just deployed its third cloud-based quantum annealing system and has updated its coding tools to tackle new categories of enterprise optimization problems. But not all qubits, which are a measure of a quantum computer’s processing capacity, are equal.

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Balancing latency and sustainability

CIO Business Intelligence

In the Equinix 2023 Global Tech Trends Survey (GTTS), 68% of global IT leaders said that the environmental impact of their IT equipment and infrastructure is something they measure and actively try to limit. This could allow you to run even very large model training workloads without the need for power-hungry cooling systems.

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Data Analytics Solves Manufacturing Marketing Agency Challenges

Smart Data Collective

One of the most significant benefits of leveraging analytics in manufacturing is with marketing optimization and automation. Several studies claim that Big Data has penetrated various aspects of everyday life, but it has also become vital for optimizing manufacturing processes. Optimize your website. Publish content frequently.

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4 Crucial Metrics All SaaS Companies Must Track with Big Data

Smart Data Collective

Big data is the lynchpin of the Software as a Service (SaaS) business model. Panoply, a big data innovator, has talked about a new model called Data as a Service, which is a variation of the same idea. Big data is used at every junction of the SaaS model. SaaS Model Relies on Big Data Innovation. So, the question comes.

Metrics 101