Remove 2023 Remove Efficiency Remove Operations
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From Vaults to Virtual: The Rise of Blockchain in Banking

Tom Spencer

While cryptocurrencies promise to deliver more efficient, transparent, and accessible financial systems, the rise of crypto is also driven by broader concerns. Chinas digital yuan is the most advanced CBDC project, with more than 260 million digital wallets having been opened as of 2023.

Banking 88
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Managing Risks in Manufacturing Projects: Essentials and Best Practices

Epicflow

Risks related to advanced technology use Even though manufacturers implement the latest technologies to increase operational efficiency, these technologies may pose additional risks. In addition, problems with equipment may cause additional risks related to workers’ safety and product quality. Resource optimization. Risk management.

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Saving ?osts in a Long-Term Perspective: How a Resource Management Solution Will Help You Gain More in the Long Run

Epicflow

Also, if a company decides to cut expenses but does nothing to increase operational efficiency, it may lead to delivering low-quality output and decreased customer satisfaction. To achieve this, you should analyze your business processes, improve operational efficiency, and identify the causes of excessive expenses.

Resources 164
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Key Technology Trends in the Construction Industry in 2024

Epicflow

While the complexity of construction projects is increasing, digitalization provides construction companies with a number of benefits: high efficiency of processes, precise project planning and visualization, real-time cooperation, new market opportunities, reduced risks, more effective decision-making, optimized construction costs, etc. [5;

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Digital Transformation in Manufacturing in 2024: Benefits & Examples

Epicflow

How can manufacturers ensure production efficiency and competitiveness? Digital transformation in the manufacturing industry refers to the application of digital technologies to any manufacturing process with the aim of its optimization, increasing the quality of the output, and enhancing overall efficiency.

Examples 130
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5 Capabilities You Need As a Digital Consultant in 2023

Comatch

In doing so, you will be able to solve issues more quickly and efficiently, allowing you to build an appetite for decoding complex problems and keep your stakeholders happy. The post 5 Capabilities You Need As a Digital Consultant in 2023 appeared first on COMATCH.

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Gen AI in Banking: Transformative Use Cases

Tom Spencer

Despite many current applications being small-scale pilot projects, the promise of Gen AI to revolutionise banking operations and enhance customer experiences is becoming clear. Jason Napier , Head of European Banks Research at UBS noted in 2023 that “a lot of the potential of AI appears really nascent at this stage”.

Banking 78