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NetSuite adds generative AI to its entire ERP suite

CIO

NetSuite is adding generative AI and a host of new features and applications to its cloud-based ERP suite in an effort to compete better with midmarket rivals including Epicor, IFS, Infor, and Zoho in multiple domains such as HR, supply chain, banking, finance, and sales.

IT 822
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Accelerating sustainability to build stronger businesses

CIO

A poll of public and private sector leaders in the latest World Economic Forum’s Global Risk Report 2022 found that environment-related threats, including climate action failure and extreme weather events, topped the lists of short and long-term global risks. To date, we have issued USD $4.9

Business 654
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Customer centricity: How Mashreq Bank is placing its customers at the forefront of its operations.

CIO

Mashreq initiated a strategy to modernize its core systems globally, aiming for open, modular, and scalable solutions through infrastructure upgrades. Mashreq embarked on a strategic initiative to modernize its global core systems, aiming for solutions that are open, modular, and scalable through crucial infrastructure upgrades.

Banking 747
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CIOs still grapple with what gen AI can do for the enterprise

CIO

After experimenting with both GitHub copilot and ChatGPT for over six months, I’m amazed by the pace at which generative AI is evolving,” says Yves Caseau, global CIO of Michelin. But many are finding that the technology on the market doesn’t yet live up to the hype. But in its current state, it’s just a toolbox.”

Algorithm 820
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11 ways to reduce your IT costs now

CIO

EY Americas’ Allen suggests performing vendor tail spend analysis, to identify unnecessary proliferation of providers; vendor spend Pareto analysis, to identify opportunities to consolidate vendors; benchmarking, to realign pricing with market conditions; and market skill set analysis, to identify what skills might be purchased at lower rates.

IT 868
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The CIO’s guide to smarter vendor negotiation: 10 tips

CIO

Today’s biggest challenges are complexity and compliance,” says Brad Peterson, a partner in Mayer Brown’s Chicago office and leader of its global technology transactions practice. Peterson advises creating a team with representation not just from IT, but also users, operations, finance, procurement, and legal.

Win 725
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eCommerce Brands Use Data Analytics for Conversion Rate Optimization

Smart Data Collective

One report found that global e-commerce brands spent over $16.7 In the ever-evolving and increasingly competitive global e-commerce sector, businesses that strive to achieve and maintain high conversion rates face the pressing, yet necessary, task of harnessing the potential of accessible data. billion on analytics last year.

Commerce 185