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Off the Shelf vs Custom Software: Making the Right Choice for Your Business

Trigent

Here’s all that you need to make an informed choice on off the shelf vs custom software. While doing so, they have two choices – to buy a ready-made off-the-shelf solution created for the mass market or get a custom software designed and developed to serve their specific needs and requirements.

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How to kick-start your generative AI strategy

CIO

Let AI take the first crack at it, edit it, fill in the blanks, and then let the human worker review it,” he says. This type of AI assistant can be delivered through a pre-built, off-the-shelf AI solution. How do you lose the AI race? By not entering. McAfee counters that such risks are manageable.

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Know before you go: 6 lessons for enterprise GenAI adoption

CIO

Many organizations know that commercially available, “off-the-shelf” generative AI models don’t work well in enterprise settings because of significant data access and security risks. Lesson 1: Don’t start from scratch to train your LLM model Massive amounts of data and computational resources are needed to train an LLM.

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Nvidia offers retail loss prevention software to accelerate accelerator chip sales

CIO

One tracks shoppers and objects across multiple camera views as a building block for cashierless store systems; one aims to prevent ticket-switching fraud at self-service checkouts; and one is for building analytics dashboards from surveillance camera video. Nvidia isn’t packaging these workflows as off-the-shelf applications, however.

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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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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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Low code/no code tools reap IT benefits—with caveats

CIO

If we had to write 15 different pricing systems, it could’ve taken years,” requiring backend fulfillment systems and credit checks for each specific price. A September 2021 Gartner report predicted that by 2025, 70% of new applications developed by enterprises will use low-code or no-code technologies, up from less than 25% in 2020.