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Information technology teams can hold a wide variety of roles within an organization, from troubleshooting PCs to software training to maintaining network security. However, as tech has become more integral to the way employees work each day, IT roles have expanded. In some cases, businesses bring their IT workers in on business decisions in an analyst role. They also ask them to help with technology-related purchasing decisions. Manufacturers and distribution companies focus a lot of time and money on their supply chains, and rightfully so. Supply chains provide the staging grounds and storage areas for all the raw materials, in-progress inventory and finished goods that must move from the point of origin to point of consumption. C suites around the world are buzzing about digital transformation. But here's the truth: A huge number of business processes still run on paper. More than three-quarters of global professionals are reliant on paper at work. So why do we mistreat our documents during the capture process? In the software space, driving revenue and profitability has everything to do with software licensing. Wait, correction - it has everything to do with a software licensing strategy that is working correctly. Failure to align this strategy correctly and you run the risk of revenue leakage, customer dissatisfaction and operational inefficiencies. Managing inventory is one of the fundamentals of conducting business, and most organizations are well versed in keeping track of their inventory, whatever form it may take. Hardware and software assets are typically not categorized as inventory, but perhaps they should be, considering the myriad licensing and management challenges most companies face when trying to keep track of their IT assets. Machine learning has grown in importance and uptake in recent years as more organizations seek to employ this technology for faster and more efficient decision making.
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