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According to industry experts, a typical one billion dollar company spends approximately $27 million on unnecessary working capital and inefficient processing functions because they lack visibility into the financial supply chain. Optimizing Back Office Operations: Best Practices to Maximize Profitability uses examples and case studies to show how cost optimization—and not cost reduction—in the core back office operations is the right approach to maximizing profitability and enterprise value. Implementation guidance is provided for Executives, CFOs, and Controllers on transitioning from outdated processes to a fully-optimized financial supply chain.
Understand how to leverage Hyperautomation and Generative AI to accelerate Business Transformation KEY FEATURES ● Explores a wide range of use cases and examples that demonstrate the diverse applications of Hyperautomation across industries, sectors, and specific departments. ● Familiarizes you with popular tools and platforms like UiPath, Automation Anywhere, and IBM. ● Discovers how existing organizations utilizing AI and RPA technologies can leverage Hyper automation to rapidly expand automation initiatives across various business verticals. ● Rise of Generative AI and its Tectonic Shift in industries and technologies. DESCRIPTION Hyperautomation and Generative AI, when combined, can create powerful new capabilities for businesses. If you are a business leader looking to improve your productivity, efficiency, and customer satisfaction by adopting hyperautomation and generative AI technologies, then this book is for you. This book provides an introduction to hyperautomation, highlighting its key components and providing guidance on how organizations can implement it to streamline everyday business operations. The book covers a comprehensive range of use cases and examples that demonstrate the diverse applications of hyperautomation across industries, sectors, and specific departments within companies. It also familiarizes you with popular tools and platforms like UiPath, Automation Anywhere, and IBM, enabling them to make informed decisions when selecting the appropriate technology for their digital transformation endeavors. Lastly, the book illustrates how existing organizations that are already utilizing AI and RPA technologies can leverage hyperautomation to rapidly expand their automation initiatives throughout various business verticals. By the end of the book, you will have a deep understanding of the potential of hyperautomation and generative AI to transform businesses. WHAT YOU WILL LEARN ● Understand the importance of developing the necessary talent, skillset, and IT infrastructure for successful Hyperautomation implementation. ● Explore different strategies for scaling automation initiatives across different business verticals. ● Understand how to solve diverse business problems using Hyperautomation through a high-level plan. ● Understanding the essential technologies like AI, machine learning, and deep learning and their contributions to Hyperautomation. ● Understand the benefits of using Hyperautomation with Generative AI. WHO THIS BOOK IS FOR This book is for professionals who are interested in automation and Generative AI. It covers the development and execution of diverse business processes, and is relevant to a wide range of roles, including digital transformation consultants, CxOs, technical architects, AI engineers, enterprise architects, RPA engineers, and automation engineers. TABLE OF CONTENTS Section I: Automation and Its Necessity 1. The Realism of Hyperautomation 2. Existence of Different Automations 3. Fundamentals of RPA Tools and Platforms 4. Amalgam of Hyperautomation and RPA Section II : Evolution of Automation to Hyperautomation via RPA 5. Devising Hyperautomation Solutions 6. Amalgam of Hyperautomation and Artificial Intelligence 7. Bridging AI with Humans 8. Impact of Machine Learning with Hyperautomation 9. Operationalizing Hyperautomation 10. Successful Use Cases of Hyperautomation Section III: Emergence of Generative AI and Its Collaboration with Hyperautomation 11. Generative AI and Hyperautomation
Companies are often their own worst enemies. We work in disconnected functional and geographic silos, making it impossible to achieve end-to-end effectiveness. We struggle to make optimal decisions due to our overwhelming lack of quality information. In Optimize Now (or else!), David Fisher identifies the source of many of these problems and attacks them at their core. He explores the critical importance of processes and information that represent both the root of our problems and our greatest opportunity for dramatic improvement. He introduces new leadership in the Chief Process and Information Officer and the Process and Information Department, and specifies how to position these roles for enterprise-wide success. He further introduces the Enterprise Optimization Framework, an innovative, metric-driven decision-making framework, to ensure decisions are no longer based on "gut feel" but rather on quantitative expected outcomes. Finally, he explores the do's and don'ts of outsourcing and information technology with specific guidance on how these resources can be utilized to advance end-to-end optimization. It's time to put an end to our own misery. It's time to follow the path toward Enterprise Optimization, and avoid the downward spiral to Enterprise Extinction. Survival is at stake. We must Optimize Now (or else!).
Praise for LEARNING PRACTICAL FINTECH FROM SUCCESSFUL COMPANIES "Throughout my career I've seen the world of finance transformed by technology, from the earliest days of online lending to the current innovations happening with blockchain and cryptocurrency. I believe we're at a critical point in history where a new Internet of Value is starting to emerge, and I'm excited to see so many talented entrepreneurs tackling problems in global finance today." CHRIS LARSEN, Cofounder and Executive Chairman of Ripple "Blockchain technology is changing the way the world does business. This book offers an inside look at how institutions from all corners of financial services and other areas of commerce are collaborating with software firms like R3 to re- engineer the infrastructure that enables money, goods, and information to flow around the globe." DAVID RUTTER, Founder, Chief Executive Officer of R3 "When we think about FinTech, we often think about New York, Silicon Valley, and London, but this book tackles the awakening dragon that is Asian FinTech. Do yourself a huge favor and read this book. Asia is where the real FinTech evolution is happening." BRETT KING, Author of Augmented and BANK 4.0, Host of the Breaking Banks Radio Show, Founder of Moven
This book constitutes revised and selected papers from the First International Conference on Society 5.0, Society 5.0 2021, held virtually in June 2021. The 12 full papers and 3 short papers presented in this volume were thoroughly reviewed and selected from the 54 qualified submissions. The papers discuss topics on application of the fourth industrial revolution innovations (e.g. Internet of Things, Big Data, Artificial intelligence, and the sharing economy) in healthcare, mobility, infrastructure, politics, government, economy and industry.
Many companies have a complex process for purchasing software that is required by IT projects, or better, by the business. Usually software is purchased by a centralized procurement function, and is either purchased on a project-by-project basis or as a large periodic software contract. Unfortunately purchasing software products does not automatically mean that these products are exploited throughout the organization providing the maximum possible value to the business units. Several issues call for a structured approach that gets the most business value out of software already purchased. The objectives of this approach are to: Create maximum awareness throughout the organization of the software purchased. Track software use in IT projects and act if products are not used at all, used improperly, or insufficiently used. Facilitate use of software products in projects, especially when software products are complex and require a lot of integration. We can summarize the overall objective of this approach as ensuring that the business units in an organization obtain the maximum possible value of software products purchased, which is also the scope of this IBM® Redbooks® publication.
Welcome to the forefront of knowledge with Cybellium, your trusted partner in mastering the cutting-edge fields of IT, Artificial Intelligence, Cyber Security, Business, Economics and Science. Designed for professionals, students, and enthusiasts alike, our comprehensive books empower you to stay ahead in a rapidly evolving digital world. * Expert Insights: Our books provide deep, actionable insights that bridge the gap between theory and practical application. * Up-to-Date Content: Stay current with the latest advancements, trends, and best practices in IT, Al, Cybersecurity, Business, Economics and Science. Each guide is regularly updated to reflect the newest developments and challenges. * Comprehensive Coverage: Whether you're a beginner or an advanced learner, Cybellium books cover a wide range of topics, from foundational principles to specialized knowledge, tailored to your level of expertise. Become part of a global network of learners and professionals who trust Cybellium to guide their educational journey. www.cybellium.com
Applications that work perfectly in controlled settings often fail in production environments, impacting business operations. This book explores a frequently overlooked aspect of software development: non-functional design and testing. In the real world, hostile production conditions and changing business usage can lead to unforeseen downtime or unacceptable system performance. Written by technologists and based on real field experience, the book examines common failure scenarios, defensive design patterns, and effective performance strategies.
Engineering Management: Meeting the Global Challenges prepares engineers to fulfill their managerial responsibilities, acquire useful business perspectives, and take on the much-needed leadership roles to meet the challenges in the new millennium. Value addition, customer focus, and business perspectives are emphasized throughout. Also underlined are discussions of leadership attributes, steps to acquire these attributes, the areas engineering managers are expected to add value, the web-based tools which can be aggressively applied to develop and sustain competitive advantages, the opportunities offered by market expansion into global regions, and the preparations required for engineering managers to become global leaders. The book is organized into three major sections: functions of engineering management, business fundamentals for engineering managers, and engineering management in the new millennium. This second edition refocuses on the new strategy for science, technology, engineering, and math (STEM) professionals and managers to meet the global challenges through the creation of strategic differentiation and operational excellence. Major revisions include a new chapter on creativity and innovation, a new chapter on operational excellence, and combination of the chapters on financial accounting and financial management. The design strategy for this second edition strives for achieving the T-shaped competencies, with both broad-based perspectives and in-depth analytical skills. Such a background is viewed as essential for STEM professionals and managers to exert a strong leadership role in the dynamic and challenging marketplace. The material in this book will surely help engineering managers play key leadership roles in their organizations by optimally applying their combined strengths in engineering and management.
"This book discusses the considerations and implications surrounding the outsourcing and offshoring of professional services, such as software development computer-aided design, and healthcare, from multiple global perspectives. This book, offers industry professionals, policymakers, students, and educators with a balance between a broad overview and detailed analysis of offshore outsourcing, would make an invaluable addition to any reference library"--Provided by publisher.