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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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Unlocking generative AI’s greatest growth opportunities

CIO

Over the last year, generative AI—a form of artificial intelligence that can compose original text, images, computer code, and other content—has gone from experimental curiosity to a tech revolution that could be one of the biggest business disruptors of our generation. Where will the biggest transformation occur first?

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Microsoft’s Copilot tunes could be music to CIOs’ ears

CIO

CIOs, nearly always, must focus on doing more with less, delivering innovation and digital capability to enable topline growth while constraining operating expenses,” Ritu Jyoti, group vice president of research at IDC, said while trying to explain the takeaways for CIOs from the developer-focused conference.

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Taktile makes it easier to leverage machine learning in the financial industry

TechCrunch

A few years ago, when you could read ‘machine learning’ and ‘artificial intelligence’ in every single pitch deck, some startups chose to focus on the financial industry in particular. They could use that data to train new models and roll out machine learning applications. It has raised a $4.7 So let’s keep an eye on them.

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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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Microsoft’s latest OpenAI investment opens way to new enterprise services

CIO

OpenAI has landed billions of dollars more funding from Microsoft to continue its development of generative artificial intelligence tools such as Dall-E 2 and ChatGPT. In July 2019 it became OpenAI’s exclusive cloud provider and invested $1 billion in the company to support its quest to create “artificial general intelligence.”