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What is Commercial-Off-the-Shelf (COTS) Software

Openxcell

COTS stands for Commercial-Off-the-Shelf, and it refers to software targeted to a certain, specially defined range of business based on predetermined specifications. It also alleviates concerns about the challenges of developing and sustaining private IT solutions compared to Commercial-Off-the-Shelf available IT applications.

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How to kick-start your generative AI strategy

CIO

Consider off-the-shelf AI After identifying roles that lend themselves to gen AI applications, consider whether the individual would benefit from having a “competent but naive gen AI assistant”—akin to a worker who excels at programming or writing but doesn’t know anything about the organization, McAfee says. By not entering.

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FPGA startup Rapid Silicon lands $15M to bring its first chip to market

TechCrunch

Field-programmable gate arrays (FPGA) , or integrated circuits sold off-the-shelf, are a hot topic in tech. The global FPGA market size could reach $14 billion by 2028, according to one estimate, up from $6 billion in 2021. ” Rapid Silicon is developing two products at present: Raptor and Gemini. .

Marketing 215
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5 top ERP trends for 2022 — and their implications for IT leaders

CIO

Customization gives way to standardization The traditional practice of enterprise technology leaders customizing an ERP solution to meet their specific enterprise or business needs is giving way to implementing an off-the-shelf solution. This is cumbersome and leads to additional cost.

Trends 359
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Medal.tv, a video clipping service for gamers, enters the livestreaming market with Rawa.tv acquisition

TechCrunch

Medal.tv, a short-form video clipping service and social network for gamers, is entering the livestreaming market with the acquisition of Rawa.tv, a Twitch rival based in Dubai, which had raised around $1 million to date. CEO Pim de Witte, as to his company’s interest in Rawa. Image Credits: Medal.tv.

Video 246
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Digital bank Umba raises $15M, plans to expand into three new African markets

TechCrunch

As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these fintechs think this is the right time to provide financial services to every market category, from the banked to the unbanked. I’d like to think that we’re the cheapest in the market.

Banking 238
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How to evolve your DTC startup’s data strategy and identify critical metrics

TechCrunch

If you’re the founder of an e-commerce startup, there’s a pretty good chance you’re using a platform like Shopify, BigCommerce or WooCommerce, and one of the dozens of analytics extensions like RetentionX, Sensai metrics or ProfitWell that provide off-the-shelf reporting. Don’t rely on them after you’ve outgrown them.

Metrics 245