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IBM to buy StreamSets and webMethods from Software AG for $2.3B

CIO

The IBM acquisition is consistent with the tech giant’s strategy to lean into WatsonX AI by extending the data value chain in both the cloud and hybrid environment, said Dhaval Moogimane, senior partner for High-Tech & Software at the consulting firm West Monroe Partners. 1,” IBM said. billion in June.

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SAP names Philipp Herzig as chief artificial intelligence officer

CIO

Herzig now reports directly to CEO Christian Klein, and will oversee the entire value chain for SAP business AI from research and product development through to implementation at the customer. With this new structure, SAP aims to accelerate the pace of its AI development, according to a statement from the software manufacturer.

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How PwC and SAP are doing right by helping clients unlock ESG value

CIO

When presented by the new Supply Chain Due Diligence Act ( SCDDA) in Germany, PwC realized their clients would need tools and processes to automate evaluation of suppliers. PwC set about building an innovative application to check the clients’ value chain. This is even more important with the upcoming EU’s CSDDD.

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3 things CIOs must do now to accurately hit net-zero targets

CIO

These measures will drive decarbonization across the value chain and give CIOs the opportunity to leverage their expertise and build resiliency throughout their organizations.

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The power players of retail transformation: IoT, 5G, and AI/ML on Microsoft Cloud

CIO

Reducing energy consumption across the value chain For example, AI/ML technologies can detect the outside temperature and regulate warehouse refrigeration equipment to keep foods appropriately chilled, preventing spoilage and saving energy.

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Merck Life Sciences banks on RPA to streamline regulatory compliance

CIO

Although non-compliance with regulations can attract exorbitant fines, many pharma companies still depend on manual process for these value chains. The pharmaceutical industry is a highly regulated one, especially for multinationals doing business across the globe.

Banking 584
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The business value of social sustainability

CIO

Directly or indirectly, companies affect what happens to employees, workers in the value chain, customers and local communities and it is important to manage impacts proactively. The United Nations defines social sustainability as, “Identifying and managing business impacts, both positive and negative, on people.”

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