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IFS acquires Falkonry to offer AI-based enterprise asset management services

CIO Business Intelligence

Enterprise resource planning (ERP) software vendor IFS has agreed to acquire Falkonry, the developer of an AI-based time-series data analytics tool, to boost its enterprise asset management (EAM) services portfolio. billion by 2026, from $3.3 billion by 2026, from $3.3 to reach $5.5 to reach $5.5

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Oracle Cloud SCM gets new capabilities to help manage logistics

CIO Business Intelligence

Oracle is adding new capabilities to its Supply Chain and Manufacturing (SCM) Fusion Cloud to help enterprises manage their logistics. The combination of the data along with machine learning models will aid enterprises in making faster decisions around global logistics, the company said in a statement. billion in 2021.

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IFS to acquire enterprise asset management firm Ultimo

CIO Business Intelligence

To help meet demand from enterprises that are shifting asset management methods from legacy applications to cloud-based technology, ERP provider IFS has signed an agreement to acquire Netherlands-based enterprise asset management (EAM) software firm Ultimo. billion by 2026, from $3.3 to reach $5.5 year-on-year.

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How to choose an AI-as-a-service provider

ComputerWorld IT Management

Gartner says more than 80% of enterprises will have used some form of generative AI APIs or applications by 2026. In addition to purchasing and maintaining the AI hardware, there is the model on which your AI application is based. Artificial intelligence is not flash in the pan — it is here to stay.

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Decoding Salesforce’s plausible $11 billion bid to acquire Informatica

CIO Business Intelligence

Salesforce’s reported bid to acquire enterprise data management vendor Informatica could mean consolidation for the integration platform-as-a-service (iPaaS) market and a new revenue stream for Salesforce, according to analysts. This challenge requires tools with capabilities outside of what MuleSoft and Tableau can offer,” Park explained.

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What is your data strategy for an AI future?

CIO Business Intelligence

As enterprises become more data-driven, the old computing adage garbage in, garbage out (GIGO) has never been truer. The application of AI to many business processes will only accelerate the need to ensure the veracity and timeliness of the data used, whether generated internally or sourced externally.

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Deutsche Telekom calls on SAP for Rise all-in-one offer

CIO Business Intelligence

It’s following in the footsteps of IBM and Microsoft, which like the German telco have an edge over regular companies contemplating a similar move to Rise in that they have their own clouds in which to host the applications and their own IT services divisions to make the move.

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