Contracts are the foundation of commerce. To better handle contracts by standardizing and automating the contracting process, ensuring greater control, better supply chain agility and responsiveness and improved execution speed, today’s enterprises are hunting high and low for an easy yet advanced contract management solution. Why do you need a contract management implementation partner? While […]

For every enterprise, managing contracts is a critical and challenging task. Even a simple question around contract expiry dates or the location of the latest version of a contract can slow down a critical transaction or process. To maximize workflow efficiency, many organizations have now started using digital documents or Document Management System (DMS). However, […]

Traditional Data warehousing has hit a roadblock. Most organizations have ancient information management systems typically built in an age where inflexible systems working within solos were sufficient to address data needs of that era- limited data sources, infrequent changes, lesser volume of transactions and low competition. But today, the same systems have been rendered ineffective […]

In today’s technology world, data generated on a day to day basis from different sources is enormous. This data can have valuable information that can help executives to take effective decisions. Organizations use Business Intelligence (BI) to cater to this but only a proper utilization of business intelligence can help organizations to improve the productivity and ultimately […]

In today’s electronically interconnected world, the amount of data generated by business operations can have an inundating effect on enterprise systems. In this age of connectivity, businesses are flooded by a mountain of data which floods enterprise systems. To tackle this deluge, a number of big data technologies have emerged and businesses have deployed a […]

Advances in the arena of pharmaceutical development have suffered from declining success rates for some time now, due to a number of critical factors such as decreased R&D, as well as multiple challenges to growth and profitability, and the increasing cost of regulatory compliance. But there are a number of bright spots on the horizon, […]

Speculation around the future of retail often tends to drift into visions of drones flying through the skies and delivering packages within minutes of a consumer clicking a few buttons on a site. In this projection, the bricks and mortar retail stores are old fashioned, out of date and a relic of the past. Yet […]

Today, multiple sources are generating loads of data than before, but many still struggle with how to turn this data into actionable business insights. In fact, business leaders report they only use 30 percent of the data that exists within their companies. Historically, users were able to analyse their data using tools such as Microsoft […]

More and more organizations are coming to understand that there are valuable insights hidden in the data which they generate during the course of their work that could transform their business operations. The science of data analysis is growing fast around the world, and it’s becoming more and more predictive in the way that it’s […]

Earlier, pharmaceutical companies would invest in expensive, broad-scale product promotion via lengthy doctor visits. A recent survey suggests that 87% intend to increase their use of analytics to target spending and drive improved ROI. Some of that money is likely to go into monitoring doctors’ therapeutic tastes, geographic trends, peak prescription rates – anything that […]

For all kinds of organizations, whether large multi-national enterprises or small businesses, developing a big data strategy is a difficult and time-consuming exercise. In fact, big data projects can take up to 18 months to finish. While a few within an organization may be very well aware of what Big Data is and what the possibilities of […]

Retail organizations generate massive amounts of data. Strangely enough, not many retail players are putting all this big data to its use. However, a Retail Store Chain did that and with their big data strategy, managed to take a refreshing approach in exploiting that data and deriving value from it. Never have we seen such […]