Data Management Metrics Procurement Solutions Sourcing 
Silvon Software
MAY 1, 2024
In an era where data is the new oil, businesses are constantly seeking innovative ways to extract valuable insights from their vast data reservoirs. Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends, consumer behavior, and operational efficiencies.
Elementum
FEBRUARY 7, 2024
Gone are the days of tedious, manual processes; today, AI-powered solutions are streamlining operations, enabling businesses to focus their human resources on strategic initiatives rather than routine tasks. These tasks range from simple data entry activities to more intricate operations like managing the supply chain.
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Material Handling & Logistics
OCTOBER 30, 2018
With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing. However, it is fundamental to empowering procurement success in the modern age.
Silvon Software
APRIL 18, 2023
While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? Can we get the right resources needed to collect data for analysis before it’s too old?
Enterra Insights
MARCH 20, 2019
Gartner defines the term this way: “Business intelligence is an umbrella term that includes the applications, infrastructure and tools, and best practices that enable access to and analysis of information to improve and optimize decisions and performance.”[1] ”[6] Much of that data comes from consumers using smartphones.
EazyStock
OCTOBER 10, 2018
Big data is a term used to describe a massive volume of both structured and unstructured data that’s too large to be processed using traditional database and software techniques. In most enterprise scenarios, the volume of data is too big, moves too fast and exceeds processing capacity of existing applications.
Silvon Software
APRIL 18, 2024
This underscores the need for a unified approach to data management that transcends traditional departmental barriers, incorporating advanced technologies such as artificial intelligence (AI) and advanced analytics. This reduces the need for manual mapping of data fields, which can be error-prone and time-consuming.
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