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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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AI as a service to solve your business problems? Guess again

TechCrunch

SaaS, PaaS – and now AIaaS: Entrepreneurial, forward-thinking companies will attempt to provide customers of all types with artificial intelligence-powered plug-and-play solutions for myriad business problems. Industries of all types are embracing off-the-shelf AI solutions.

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10 things keeping IT leaders up at night

CIO

CIOs are hardly Luddites, but even some technologists fret about artificial intelligence, the rapid pace of tech evolution, and their ability to keep up. That’s not to say they’re looking to ditch their roles or smash machines, as the real Luddites had. Yet CIOs do admit that they’re worried about multiple issues these days.

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How Robotic Process Automation (RPA) Applies Artificial Intelligence: Cognitive Automation, Technology Analysis, and Use Cases

Altexsoft

However, it only starts gaining real power with the help of artificial intelligence (AI) and machine learning (ML). The fusion between AI technologies and RPA was named Intelligent or Cognitive Automation. In the last ten years, a new technology aimed at automating clerical processes emerged.

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Traffic Prediction: How Machine Learning Helps Forecast Congestions and Plan Optimal Routes

Altexsoft

In the last decades, many cities adopted intelligent transportation systems (ITS) that support urban transportation network planning and traffic management. In 2021, NYC drivers lost an average of 102 hours in congestion – and before the pandemic that score was even worse. But first, let’s start with explaining why it’s important at all.

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Next Best Action Marketing: How to Implement Hyper-Personalization with Machine Learning

Altexsoft

In this article, we’ll discuss what the next best action strategy is and how businesses define the next best action using machine learning-based recommender systems. The funnel for each customer is unique as each customer learns about a company or its services at their own pace and style. This changes the game for marketers.

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Introducing the GenAI models you haven’t heard of yet

CIO

In fact, according to Lucidworks’ global generative AI benchmark study released August 10, 96% of executives and managers involved in AI decision processes are actively prioritizing generative AI investments, and 93% of companies plan to increase their AI spend in the coming year. We select the LLM based on the use case.