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5 hot IT budget investments — and 2 going cold

CIO

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. At the same time, they are defunding technologies that no longer contribute to business strategy or growth. The company is embedding AI into each level of the tech stack it sells to customers, he says. “We

Budget 363
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Logistics Management Systems: How Warehouse, Transportation, and Distribution Software Work

Altexsoft

Digitalization will allow warehousing and transportation operations to elevate customer experience, deliver more value to partners, and consequently – create an effective ecosystem of supply chain providers: manufacturers, carriers, freight forwarders, and more. Building, purchasing, and managing LMS software on your own.

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Freight Forwarder: Key Workflows and Technology

Altexsoft

Freight forwarders are experts that boost global trade and international transportation. So in this post, we look at freight forwarders’ role in the global supply chain and discuss how technology can support their operations. In 2021, according to different studies, the freight forwarding market was valued at $186 to $192.5

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Rail Fleet Management: How Technologies Help Handle Asset Tracking and Maintenance in Freight Rail Industry

Altexsoft

Railroads are an indispensable part of the supply chain when transporting both bulk shipments and intermodal containers. So, let’s talk about how modern technology can help you manage your rail fleet. If your long-haul transportation is managed by several rail companies, you have to gather data from different sources.

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Terminal Operating Systems: Main Features, Integration, and Providers Overview

Altexsoft

For example, in the US, the situation in the Port of Oakland is the worst with vessels taking an average of six days to unload and load (import containers are waiting for eleven days to get transported). connected inland transportation (arrangement of cargo movement). All of that becomes a herculean task without specialized software.

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Procurement Analytics: Challenges, Opportunities, and Implementation Approaches

Altexsoft

Accounts payable are most vulnerable to errors (whether deliberate or not) due to disconnected and inaccurate information, especially if you have to deal with a big amount of documentation and process multiple transactions. Manual operations and/or outdated technology aren’t able to provide the required visibility and support your decisions.

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A Complete Guide to Enterprise Application Development 

Openxcell

Due to this, companies have seamlessly integrated these applications into their business operations, which, in turn, has led to enhanced efficiency & improved engagement with employees and clients. According to a Statista report, the Enterprise Software market is projected to reach US$271.8bn in 2023.