article thumbnail

How Off-the-Shelf Tech Can Make Factories More Profitable

Harvard Business Review

Too often, smaller companies are intimidated by the high costs, complexity, and long installation times that high-end smart factory systems can require. Companies can see big financial benefits by utilizing existing data and simpler technologies to reduce waste, labor costs, overhead, and utility expenses.

article thumbnail

What is Commercial-Off-the-Shelf (COTS) Software

Openxcell

COTS stands for Commercial-Off-the-Shelf, and it refers to software targeted to a certain, specially defined range of business based on predetermined specifications. They’re utilizing it to replace proprietary systems with COTS Software. COTS softwares can be easily implemented in the existing systems.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Cybersecurity Snapshot: NIST Program Assesses How AI Systems Will Behave in the Real World, While FBI Has Troves of Decryption Keys for LockBit Victims

Tenable

Check out the new ARIA program from NIST, designed to evaluate if an AI system will be safe and fair once it’s launched. 1 - NIST program will test safety, fairness of AI systems Will that artificial intelligence (AI) system now in development behave as intended once it’s released or will it go off the rails?

article thumbnail

Understanding the Dynamics of Custom Software Development

The Crazy Programmer

After endless searching, they finally decide to seek out a software development company, like BairesDev , to turn their ideas into a reality. Compared to commercial off-the-shelf software products (COTS), custom-developed software is built to meet a narrow, specific set of requirements. Why Choose Custom Software Development?

article thumbnail

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. Telecommunications companies are using NLP to analyze ways to improve customer experiences.

article thumbnail

Valence raises $25M to track team performance with continuous reviews

TechCrunch

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. What constitutes a “teamwork platform,” exactly? Image Credits: Valence.

article thumbnail

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.

Retail 189