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EVERYTHING YOU NEED TO KNOW ABOUT ROBOTIC PROCESS AUTOMATION (RPA) AND RPA TOOLS

  In present times, the world is continuously moving forward to using the latest technologies, so has automation improved its ways to make our work easier. The word automation was coined in the 1950s, very few people really understood what it meant but now this term has become the talk of the town. Robotic Process Automation or RPA is an intelligent way of working on complicated tasks which can be categorized by the utilization of AI. RPA does not replace humans with actual robots, actually, these are softwares through which you can configure automation workflows and automate your complicated business operations. TYPES OF RPA TOOLS There are different types of tools RPA tools available in the market which are built as an extension of the previous generation of bots. The four types of  robotic process automation  tools are listed below – Before the RPA generation came into the picture, small enterprises were automating the simple processes with simple hacks. Neither were they scalable o
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SOLUTIONS FOR LOGISTICS USING MASTER DATA MANAGEMENT

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Master data management or MDM is a way of efficiently managing the master data. This can be achieved by  developing a solution  to manage master data or by purchasing  MDM tools  already available in the market. Need for master data management arises because traditionally different departments in an organisation may be it logistics business or any other business have been working in silos. They have continued to maintain their master and transaction data in isolation. Just assume a scenario that a customer record exists in accounts and purchase department. For, some reason the address gets updated but it is captured incorrectly in the accounts department and all the invoices are going at the wrong address or shipping department has captured it incorrectly and all the shipments are getting delivered at a wrong address. USE OF MDM IN LOGISTICS Master data management or MDM is recourse from this peculiar problem. MDM system allows us to store all the master data at a single place and ever
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TRANSFORMATION OF BI THROUGH AI AND ML DEMOCRATIZATION

  Business Intelligence(BI) is the set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making, OR one can simply say getting the right information to the right people at the right time. BI is much more than a set of dashboards and reports. In facts, the technology of BI is only the tip of the iceberg. The real substance behind BI lies in how different parts of an organization collect, share, and process data. BI is best to utilize as a service to the entire organization, with each business area playing a role in its upkeep and improvement. Most Organization underestimate BI as simply an afterthought or bolt-on to their operational software applications. But the truth is a good BI is critical because it provides visibility into what is happening within those applications and amongst its people. BI is actually the one program
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TRANSFORMATION OF BI THROUGH AI AND ML DEMOCRATIZATION

  WHAT IS BUSINESS INTELLIGENCE(BI)? Business Intelligence(BI) is the set of methodologies, processes, architectures, and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making, OR one can simply say getting the right information to the right people at the right time. BI is much more than a set of dashboards and reports. In facts, the technology of BI is only the tip of the iceberg. The real substance behind BI lies in how different parts of an organization collect, share, and process data. BI is best to utilize as a service to the entire organization, with each business area playing a role in its upkeep and improvement. Most Organization underestimate BI as simply an afterthought or bolt-on to their operational software applications. But the truth is a good BI is critical because it provides visibility into what is happening within those applications and amongst its peo
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EVERYTHING YOU NEED TO KNOW ABOUT ROBOTIC PROCESS AUTOMATION (RPA) AND RPA TOOLS

 In present times, the world is continuously moving forward to using the latest technologies, so has automation improved its ways to make our work easier. The word automation was coined in the 1950s, very few people really understood what it meant but now this term has become the talk of the town. Robotic Process Automation or RPA is an intelligent way of working on complicated tasks which can be categorized by the utilization of AI. RPA does not replace humans with actual robots, actually, these are softwares through which you can configure automation workflows and automate your complicated business operations. TYPES OF RPA TOOLS There are different types of tools RPA tools available in the market which are built as an extension of the previous generation of bots. The four types of  robotic process automation  tools are listed below – Before the RPA generation came into the picture, small enterprises were automating the simple processes with simple hacks. Neither were they scalable or
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TRANSFORMATION OF BI THROUGH AI AND ML DEMOCRATIZATION

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  P eople are eager to know how ML and AI are going to change their business and simplify decision-making .  Businesses are entering into a new era ruled by Data and Analytics. The burgeoning of new big data sources, including smartphones, tablets, and the Internet of Things (IoT) devices, means business no longer wish to be weighed down by huge chunks of static reports generated by BI software systems. They need more actionable insights.  This is inspired a change from reactive to proactive analytics offering alerts and real-time insights. This analytics will allow the organizations to make better use of their operational data while it’s fresh and actionable. Looking at the enormous progression in analytics, it indicates businesses are in need of more mature decision-making. It won’t be wrong to say that today’s business digitization aims at getting to the prescriptive level of analytics, in other words,  “smart”  analytics. Today AI has evolved itself into that  “can’t do without”  t
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MASTER DATA MANAGEMENT FOR LOGISTICS

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  Big Data has already established its place on the horizon, as postmodern technologies user in a new era of global business. It is hailed as the cure for every problem, the key to scaling up and the difference between guess-work and insightful decisions. Big Data does indeed do all of these things, but it is by no means a magic wand. Just generating  big data solutions  is not enough. In fact, big vaults of data are more confusing than they are insightful! Big Data represents individual pieces of a puzzle, which are useless without someone to put them together. Master Data Management (MDM) puts the different pieces together and makes the puzzle meaningful. It is a 360-degree data architecture of all domains of a business – customers, employees, products, vendors, etc. As global distribution networks have become increasingly complex, the landscape of Logistics Management has changed drastically over the last 20 years. Most notable have been the vehement drive to cut costs post-recessio
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