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Six EAM trends pushing the oil and gas industries forward

IBM Business Partners

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. But the future of EAM in the oil and gas industry is not just about adopting new technologies.

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How To Overcome Three Challenges Facing Biotech Companies In 2021

Velocity Global

Controlling costs and maximizing budget efficiency remains an ongoing challenge. As new competitors enter the field, the importance of hiring and retaining top talent increases, and firms must keep up with ever-changing drug compliance regulations. Challenge 1: Maximizing Cost-Effectiveness .

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Cost Avoidance in Procurement- The Ultimate Guide

Obobo

Automation can help you reduce errors and speed up processes , leading to cost savings. Use data analytics. Data analytics can help you identify trends and patterns that can lead to cost savings opportunities. Ultimately, the goal of cost avoidance is to ensure that an organization is getting the most value for its money.

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What Is Contract Management Lifecycle And Why Is It Important?

Obobo

Contract management ensures the compliance of contracts with all applicable laws and regulations. It helps them manage their contractual obligations and commitments while ensuring compliance with laws and regulations. This insight allows them to negotiate better deals and reduce the overall costs associated with contracts.

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Public cloud vs. private cloud vs. hybrid cloud: What’s the difference?

IBM Services

Cloud-based applications and services Cloud-based applications and services support myriad business use cases—from backup and disaster recovery to big data analytics to software development. Each service facilitates data flow over the internet between front-end clients and back-end cloud systems provided by a cloud service provider.