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How Your Procurement Can Benefit from Automation

Automation Anywhere

Procurement has rapidly become a high-impact area for automation. They want procurement to help drive business outcomes, for greater efficiency, resiliency, and cost savings. And automation can be the catalyst to make that transformation possible. These are two key areas for intelligent automation.

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Identifying Automation Opportunities for Retail Banking

Automation Anywhere

Operations supporting each of these product lines such as loan fulfillment, underwriting, compliance, customer service, and collections could significantly benefit from automation since many of these processes are manual and document-intensive. These are the highest priority processes to automate. Ignore them.

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Generative AI Heralds a New Era in Cybersecurity | Blog

Everest Group

Cybersecurity vendors are leaving no stone unturned to deliver the power of GAI In recent years, advanced Artificial Intelligence (AI)- and Machine Learning (ML)- based technologies have been rapidly adopted across the cyber industry, providing intelligent automation capabilities and also augmenting human talent. GAI – A boon or bane?

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Streamlining supply chain management: Strategies for the future

IBM Services

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. Advanced software tools can automate some parts of forecasting, providing real-time updates and alerts when inventory levels are too high or low.

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Real-time artificial intelligence and event processing  

IBM Services

In fact, in a survey of 6,700 C-level executives, the IBV found that more than 85% of advanced adopters were able to reduce their operating costs with AI. Additionally, developments in both closed and open source large language models (LLM) are enhancing AI’s ability for understanding plain, natural language.

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How GBS Organizations Can Help CEOs with Cost Optimization and Future-proofing Their Talent Strategy | Blog

Everest Group

In fact, cost pressure was ranked as the number one business challenge in our annual key issues survey for 2023. Enterprises expect their GBS organizations to help alleviate some of the cost pressure by reducing operations costs or by doing more with the same, or lower, budget and resources.

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5G Engineering Services PEAK Matrix® Assessment 2023: The Next Frontier in the Hyperconnected Era

Everest Group

Additionally, 5G adoption is allowing the transformation of network infrastructure to make it quickly scalable, driving higher levels of customization and lower operating costs. However, the market’s nascency is creating uncertainty and increasing complexities for enterprises.