The topics are transforming R&D, industry 5.0, LLMs and ERP, tech debts, AI architecture, citizen development, lack of IT resources, M&A and IoT platforms.
Better, Faster, Cheaper: How Digital Transforms R&D
https://www.bain.com/insights/better-faster-cheaper-how-digital-transforms-r-and-d/
Digitization speeds time to market and reduces product development costs.
IoT Advancements in Industry 5.0: Bridging the Gap Between Humans and Machines
Industry 5.0 envisions a future where smart machines and humans work together in harmony, leveraging the advancements in Internet of Things (IoT) technology to enhance efficiency, productivity, and customization in manufacturing processes.
Are LLMs the future of ERP technology?
https://erp.today/are-llms-the-future-of-erp-technology/
The integration of an LLM within enterprise tech platforms seems like an obvious one; LLMs can process a vast array of data in context, essentially laying the foundations for automation solutions.
Tech debt: Reclaiming tech equity
https://www.mckinsey.com/~/media/McKinsey/Business Functions/McKinsey Digital/Our Insights/Tech debt Reclaiming tech equity/Tech-debt-Reclaiming-tech-equity.pdf
Almost every business has some degree of tech debt; the trick is knowing how to identify, value, and manage it.
The best architecture for the AI Economy uses private and public AI (Mike Beckley, Appian)
Preparing your company for the AI Economy isn’t necessarily hard, he argues. The key components are all available. You just need to implement them correctly
Why companies are turning to ‘citizen developers’
https://mitsloan.mit.edu/ideas-made-to-matter/why-companies-are-turning-to-citizen-developers
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Two-Thirds of Enterprises Lack Sufficient IT Resources to Achieve Business Goals, According to Research from Windstream
The internal teams often lack the bandwidth or the skillset to successfully fuel mission-critical strategic and digital objectives like IT agility, security and customer experience (CX). According to the survey of 614 U.S.-based IT, finance, operations and security leaders, more than half of organizations are missing the IT staff and experience needed to support their digital evolution.
Gen AI: Opportunities in M&A
https://www.mckinsey.com/capabilities/m-and-a/our-insights/gen-ai-opportunities-in-m-and-a?
Generative AI is already making its way into the day-to-day world of M&A, and more use cases are emerging. How should companies approach the opportunity?
How an IoT platform can give your business an efficiency “superpower”
What is an IoT platform and how can it help solve one of the biggest factors compromising business efficiency (and beyond).
