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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 adoption accelerates as enterprise PoCs show productivity gains

CIO

Some prospective projects require custom development using large language models (LLMs), but others simply require flipping a switch to turn on new AI capabilities in enterprise software. “AI 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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Drone data scanning company Skycatch announces a $25M raise

TechCrunch

Founded in 2013, the Bay Area-based company provides centimeter-accurate 3D scanning services, primarily for construction sites and mining operations. In particular, the company is seeking to work with sites where connectivity is limited. It typically is owned by the laser scanning market,” says Sanz.

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5 top ERP trends for 2022 — and their implications for IT leaders

CIO

It wouldn’t be far-fetched to call ERP (enterprise resource planning) the brain of an organization’s IT infrastructure. In addition to substantial investments, the solution has the potential to impact all strategic business units of a company. This is cumbersome and leads to additional cost.

Trends 363
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Microsoft’s latest OpenAI investment opens way to new enterprise services

CIO

A move that is likely to unlock similar investments from competitors — Google in particular — and open the way for new or improved software tools for enterprises large and small. And as an investor it can expect some return on its capital, although this will be limited by OpenAI’s status as a capped-profit company governed by a nonprofit.

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How we pivoted our deep tech startup to become a SaaS company

TechCrunch

For the foreseeable future, global markets will require billions of highly specialized electric machines that perform much better than the inefficient relics of the past. Fortunately, the SaaS direction has delivered upsides: We’ve achieved relatively strong product-market fit and cash flow-positive status without big VC raises or burn rates.

Company 247
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Taktile raises $20M to help fintech companies test and deploy decision-making models

TechCrunch

The logic behind many fintech companies’ automated decisions — decisions that determine whether a customer is approved for a credit line, for example — is hard-coded into their app’s backend. “This round will help us further accelerate our ongoing expansion in the U.S., ” Image Credits: Taktile. .

Fintech 228