Archive for February, 2010

Don’t let Vendor Hype Take You Down the Wrong Road

Monday, February 15th, 2010

To identify the right CRM solutions for your business, you first need to understand what CRM is. Customer Relationship Management is a way of doing business and it requires a strategy from which you will define processes that can be supported by people and software.

Where most folks get it wrong is by confining CRM to the sales organization, or customer service or marketing. The fact is, each of those areas is a critical part of CRM and there could even be an impact in some of your back office groups as well. (more…)

What does CRM stand for anyway

Monday, February 15th, 2010

We’ve all heard acronyms thrown around at one time or another. They are a way of life today, and not likely to go away anytime soon. It’s hard for the average person to keep up. When you hear the lingo flying around, you might be thinking to yourself, am I the only one that doesn’t know what this stands for. You are not alone. There are a number of people, me included, that often don’t have any idea what all these acronym’s stand for and are too embarrassed to ask for further definition. One such acronym that has been around for years is CRM. So just what does CRM stand for? (more…)

Scope of Artificial Intelligence in Business

Monday, February 15th, 2010

Within the corporate world, A.I. is widely used for complex problem-solving and decision-support techniques in real-time business applications. The business applicability of A.I. techniques is spread across functions ranging from finance management to forecasting and production.

In the fiercely competitive and dynamic market scenario, decision-making has become fairly complex and latency is inherent in many processes. In addition, the amount of data to be analyzed has increased substantially. AI technologies help enterprises reduce latency in making business decisions, minimize fraud and enhance revenue opportunities. (more…)

Artificial Intelligence

Monday, February 15th, 2010

The modern definition of artificial intelligence (or AI) is “the study and design of intelligent agents” where an intelligent agent is a system that perceives its environment and takes actions which maximizes its chances of success.

John McCarthy, who coined the term in 1956, defines it as “the science and engineering of making intelligent machines.” Other names for the field have been proposed, such as computational intelligence, synthetic intelligence or computational rationality. (more…)

Data Mining Promises To Dig Up New Drugs

Monday, February 15th, 2010

A robot scientist that can make informed guesses about how effective different chemical compounds will be at fighting different diseases could revolutionize the pharmaceutical industry by developing more effective treatments more cheaply and quickly than current methods. (more…)

Electronic Health Records Need Better Monitoring

Monday, February 15th, 2010

The push is on for health care providers to make the switch to electronic health records but it is hard to tell how well these complex health information technology systems are being implemented and used, writes a health informatics researcher at The University of Texas Health Science Center at Houston in a Feb. 3 commentary in JAMA, The Journal of the American (more…)

Questions About Java’s Future

Sunday, February 14th, 2010

Oracle Corp.’s acquisition of Sun Microsystems marks a strange step back to the future of computer industry that raises questions about the outlook for Sun’s hardware, Java software and the database giant itself.

To date, the $22 billion Oracle has defined itself by a simple, bold statement. “We are the world’s largest enterprise software company,” it claims in the opening of its latest annual report. (more…)

Sun/Oracle merger: why the public sector should worry

Saturday, February 13th, 2010

Oracle Corporation’s acquisition of Sun Microsystems should worry the public sector because the enlarged entity could lead to price hikes and “vendor lock-in”, according to an IT analyst.

Steve Hodgkinson, Research Director, public sector IT, Ovum, told FutureGov that the deal will hold appeal to some public sector agencies because the new company can offer an “application to disk solution”, which may be seen as a lower risk approach to IT procurement. (more…)

Innovation First of Greenville ready to re-create itself

Wednesday, February 10th, 2010

Innovation First International makes a variety of products, including Hexbug toys such as the Nano.
G.J. McCARTHY/DMN

Innovation First International makes a variety of products, including Hexbug toys such as the Nano.

Tony Norman’s company in Greenville looks like the robotics wing of Santa’s workshop. The president and CEO of Innovation First oversees an operation that cranks out everything from educational and toy store robots to server racks and LCD monitor mounts.

Video: See the Hexbug in action

News for Dallas, Texas | Dallas Morning News | Dallas Business News (9 December 2009)
http://www.dallasnews.com/sharedcontent/dws/bus/vitindex.html?nl

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