BUSINESS

→ View original post on X — @ibmdata

IBM and NBN Create Otis Bot to Automate Tedious Work

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@ibmdata

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04 November 2022 13h32

Together with #IBM, Bureau voor Normalisatie (NBN) created "Otis" to handle its more tedious work. In 2021 alone, Otis helped NBN:

✅ Save 650 hours
✅ Nearly triple registrations
✅ Reduce errors down to 5%

Do more work in less time with bots like Otis: https://t.co/yry2WKzhY5 pic.twitter.com/RGHsuz5DV9
— IBM Data, AI & Automation (@IBMData) 4 novembre 2022

Together with #IBM, Bureau voor Normalisatie (NBN) created "Otis" to handle its more tedious work. In 2021 alone, Otis helped NBN: Save 650 hours Nearly triple registrations Reduce errors down to 5% Do more work in less time with bots like Otis: https://
ibm.co/3DDrILI

Economic slowdown drives technology sector changes ahead

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04 November 2022 13h04

The changes that we will see going forward will be based purely on the economic drivers from the overall economy slowing down,” Mr. Kanchi said. #econ #recession #Job #technologies

Cloud Computing AI Automation Business Case by UST Global CIO

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04 November 2022 13h02

The business case for adopting #CloudComputing #AI and #automation is fundamentally sound, said Sunil Kanchi, #CIO of @USTglobal as is the case for #lowcode

New Tech Giants Expected to Emerge from Market Downturn

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04 November 2022 12h59

@weschan predicts that “the new Google or Uber of 2023 and 2024 will come out of this downturn.”

Business-critical AI services positioned as utilities for survival

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04 November 2022 12h59

Demand for business-critical services that feel like utilities, will fare better. The outlook for drug discovery and life sciences, cybersecurity, and companies that help customers address costly inefficiencies or unlock inventory will survive, @weschan says.

Economic Downturn to Hit Crypto, Neobanks, Startups Hard Mid-2027

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04 November 2022 12h58

“The downturn has kind of started but it hasn’t hit bottom and will get bad, very quickly, likely sometime mid next year,” says @weschan He expects lower demand for marginal or luxury areas like crypto, grocery and food delivery services, “neobanks,” and high-end travel, beauty.

Tech Layoffs Signal Worsening Business Outlook and Market Shift

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04 November 2022 12h55

Tech Layoffs Reflect Worsening Outlook. Enterprise technology so far has been a relative bright spot. That may continue, but with a growing emphasis on services crucial to running a business and can be monetized right away. ⁦ https://
wsj.com/articles/analy
sis-tech-layoffs-reflect-worsening-outlook-11667523187
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→ View original post on X — @simonw

Twitter’s $1bn annual debt burden from leveraged buyout

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@simonw

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04 November 2022 5h39

Yeah I find it pretty frustrating that Twitter-the-company is now on the hook for $1bn/year interest payments pay off the loan that was effectively used to reward the previous shareholders with a tidy multiple