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How The Cloud Made ‘Data-Driven Culture’ Possible | Part 1

BizAcuity

The cloud market is well on track to reach the expected $495 billion dollar mark by the end of 2022. Despite cost-cutting being the main reason why most companies shift to the cloud, that is not the only benefit they walk away with. While that allows easy access to users, and saves costs, the cloud is much more and beyond that.

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Moving to the cloud? Choose cloud service providers wisely

Analysts Corner

Is it because of cost-saving and pursuit of flexibility? At the same time, the overall end-user spending is expected to grow 20% in 2022 alone, which translates into $495 billion. As a result, you benefit from agility, scalability, and cost reduction. Cloud is not a new technology. It’s been around for a couple of decades now.

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Advanced Data Analytics for the Smart Retailers

BizAcuity

Optimizing inventory planning and distribution is getting trickier by the day under current market conditions. Walmart along with IBM are experimenting with Blockchain, surveying pilot projects aimed towards the goal of 100% visibility of their supply chain. The new wave of retail experience: the omnichannel boom.

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What Is an EDI translation? An Ultimate Guide for 2024

Astera

Say we have a retailer that generates a purchase order (PO) in a proprietary XML format using its Enterprise Resource Planning (ERP) system. billion in 2022 and is projected to reach USD 4.52 Cost Efficiency: Reducing errors and improving processing times lowers operational costs. billion by 2030, with a CAGR of 12.5%.

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The 10 Best API Management Tools for 2024

Astera

According to the 2022 Postman State of API Report , over 40% of developers spend more than 20 hours a week working with APIs — almost a third of which is spent creating APIs through coding and programming. You can use this data and insights to troubleshoot issues and plan for future API development.

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20 Best Logistics KPIs and Metric Examples for 2022 Reporting

Insight Software

Pick and Pack Costs: This logistics key performance indicator measures all costs associated with picking and packing products. Studying this metric will give the logistics managers the opportunity to find the lowest cost and most efficient processes. Operating ratio = total operating expenses/total revenue. Download Now.

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Planning vs Forecasting: Four Key Differences

Insight Software

Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Access Resource Now.