Remove 2023 Remove Operations Remove Productivity
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The Year 2023 in Epicflow: Company Updates, New Features, and Plans for 2024

Epicflow

Following our tradition, we’re excited to sum up and share everything that happened to the Epicflow team in 2023: our clients’ and team’s achievements, new features, and plans for 2024. Enhanced Collaboration and Client Base Growth In 2023, Epicflow got three more new clients.

Company 130
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Managing Risks in Manufacturing Projects: Essentials and Best Practices

Epicflow

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

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From Vaults to Virtual: The Rise of Blockchain in Banking

Tom Spencer

Chinas digital yuan is the most advanced CBDC project, with more than 260 million digital wallets having been opened as of 2023. Although initially viewed with skepticism, blockchain is now being embraced for its potential to streamline operations, reduce costs, and enhance security.

Banking 88
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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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5 Capabilities You Need As a Digital Consultant in 2023

Comatch

In doing so, you will also better understand the challenges companies may be facing when implementing new technologies, such as a disruption to existing business operations, having to invest in training and infrastructure, as well as potential data breaches and security risks.

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Digital Transformation in Manufacturing in 2024: Benefits & Examples

Epicflow

How can manufacturers ensure production efficiency and competitiveness? One of the effective solutions is digital transformation — the implementation of innovative technologies into every manufacturing aspect helps production companies enhance their capabilities, shorten products’ time to market, and satisfy customers’ demands.

Examples 130
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Key Technology Trends in the Construction Industry in 2024

Epicflow

This enables more effective communication and collaboration in real time, promotes safety, and increases the efficiency and productivity of the construction processes. Basically, the domain is looking for ways to address current economic issues, improve operations, and optimize costs. References Schmidt, S. PlanRadar. WarrenAverett.