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How Off-the-Shelf Tech Can Make Factories More Profitable

Harvard Business Review

Too often, smaller companies are intimidated by the high costs, complexity, and long installation times that high-end smart factory systems can require. Companies can see big financial benefits by utilizing existing data and simpler technologies to reduce waste, labor costs, overhead, and utility expenses. This is short-sighted.

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How to kick-start your generative AI strategy

CIO

When a technology this powerful comes along where you have to learn by doing, finding reasons not to do it is a pretty big error,” he says. These risks are things you have to worry about with any other large-scale database technology project—but they’re not terrifying, and you have a great deal to gain,” says McAfee. By not entering.

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Deep tech startups in need of funding should consider federal grants

TechCrunch

Xipeng Shen is a professor at North Carolina State University and ACM Distinguished Member, focusing on system software and machine learning research. who aim to power next-generation technology without the need for expensive hardware that takes billions of dollars to develop and years to deploy. We’re a group of Ph.D.s

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Know before you go: 6 lessons for enterprise GenAI adoption

CIO

That quote aptly describes what Dell Technologies and Intel are doing to help our enterprise customers quickly, effectively, and securely deploy generative AI and large language models (LLMs).Many We’re using our own databases, testing against our own needs, and building around specific problem sets.

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Valence raises $25M to track team performance with continuous reviews

TechCrunch

Valence , a growing teamwork platform, today announced that it raised $25 million in a Series A round led by Insight Partners. Co-founder and CEO Parker Mitchell said that the tranche will be used to triple the size of the company’s team to 75, expand its sales footprint (particularly in Europe), and build out Valence’s product team.

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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We We don’t want to just go off to the next shiny object,” she says. “We We want to maintain discipline and go deep.”

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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. They’re utilizing it to replace proprietary systems with COTS Software. COTS softwares can be easily implemented in the existing systems.