CIO

APRIL 23, 2024

The global market for managed services will rise in 2024 due to organizations’ IT spending surge and larger investments in managed services deals involving AI and cloud computing, according to market intelligence firm IDC. “This trend will continue over the next few years as more organizations experiment or go live with AI-enabled services. Although a significant portion of the IT spending will be AI-centric, cloud technology will continue to drive the IT market,” IDC said in a statement.

130

130

Newgen Software

APRIL 23, 2024

What is a Business Rules Management System (BRMS)? A business rules management system is a software solution that can facilitate the entire lifecycle of business rules and enable automation at every decision level. It keeps business decisions separate from hard coding, enabling quick modifications to meet industry demands. Having such software can help organizations define, implement, and manage business rules and business logic so processes can be simplified and human intervention is kept at a

52

52