article thumbnail

Expat CIOs: IT leaders broaden horizons with global experiences

CIO

Brian Ferris, chief data, analytics, and technology officer, Loyalty NZ Brian Ferris / Loyalty NZ Assumptions about technology development being at the same level in different countries, for example, often prove wrong. When Richard Ventre got an opportunity to move to India from the Netherlands, he latched on to it. “We

article thumbnail

Redefining Manufacturing RPA: Navigate Challenges, Embrace Innovations, and Explore High-Impact Use Cases

Trigent

Companies encountered technological and operational constraints when using standard off-the-shelf RPA solutions that need customization. This feature allows both expert & novice RPA developers to build workflows using the text descriptions. Moreover, others faced constraints with the automation of end-to-end processes.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How Retailers Use Artificial Intelligence to Innovate Customer Experience and Enhance Operations

Altexsoft

In-store cameras and sensors detect each product one takes from a shelf, and items are being added to a virtual cart while a customer proceeds. Physical stores still have a lion’s share of sales, but the tendency of the growing demand for online experiences shouldn’t be ignored. Source: Forrester Consulting. Amazon Go stores.

article thumbnail

Inventory Management Software: How Technology Addresses Inventory-Related Issues

Altexsoft

However, if you are, say, a hotel, a law firm, or a daycare, you probably don’t have a problem counting your office supplies, towels, light bulbs, or furniture items and don’t need a sophisticated inventory management solution to maintain records and support the reordering process. What is inventory management? eCommerce businesses.

article thumbnail

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? Would you consider fixed costs, competitor prices, or both? Two biggest tasks businesses have to address in this regard are revenue management and price optimization.

article thumbnail

Demand Forecasting Methods: Using Machine Learning and Predictive Analytics to See the Future of Sales

Altexsoft

What is the top pain point for business executives? The world’s largest IT research firm Gartner gives a clear answer: demand volatility. Too many factors, from weather fluctuations to posts of social media influencers, impact buyers, making them frequently change their minds. Think, for instance, of the teenage climate activist Greta Thunberg.

article thumbnail

Demand Forecasting Methods: Using Machine Learning and Predictive Analytics to See the Future of Sales

Altexsoft

What is the top pain point for business executives? The world’s largest IT research firm Gartner gives a clear answer: demand volatility. Too many factors, from weather fluctuations to posts of social media influencers, impact buyers, making them frequently change their minds. Think, for instance, of the teenage climate activist Greta Thunberg.