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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. This is short-sighted. Companies can see big financial benefits by utilizing existing data and simpler technologies to reduce waste, labor costs, overhead, and utility expenses.

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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.

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How to kick-start your generative AI strategy

CIO

Let AI take the first crack at it, edit it, fill in the blanks, and then let the human worker review it,” he says. This type of AI assistant can be delivered through a pre-built, off-the-shelf AI solution. How do you lose the AI race? By not entering. McAfee counters that such risks are manageable.

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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. In other words, we are walking a mile in our customers’ shoes. Here’s a quick read about how enterprises put generative AI to work).

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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

“Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We 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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Understanding the Dynamics of Custom Software Development

The Crazy Programmer

Compared to commercial off-the-shelf software products (COTS), custom-developed software is built to meet a narrow, specific set of requirements. Commercial off-the-shelf products are obviously designed to appeal to the masses as they are commercially marketed and distributed. Why Choose Custom Software Development?

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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.

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