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Digital Transformation in Manufacturing in 2024: Benefits & Examples

Epicflow Blog

Thanks to reducing waste and inefficiencies, increased productivity, more efficient resource utilization, effective risk forecasting and management, and making informed decisions, manufacturing companies reduce extra expenditures and increase profitability. 1] In recent years, manufacturing companies tend to leverage Generative AI.

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Artificial Intelligence and Project Management: The First Step!

The IIL Blog

Risk Management. Effective risk management has to be proactive. AI enables predictions that are more accurate than traditional software solutions in determining risk responses, probabilities, and their impact. This is the first step towards AI by project managers. Active Assistance. 2] Lohr, “ The A.I. 29, 2023. [3]

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Human–AI Synergy in Innovation: from Innovation Management Software To Open Innovation

The IIL Blog

In that article, we highlighted how AI can assist with daily Project Management work, and more specifically during the typical tasks of planning, monitoring, scheduling, resource allocation, KPI reporting, risk analysis, customer and sponsor reporting, and so on.

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2024 Events for Project Managers, Business Leaders, and Industry Professionals

Epicflow Blog

Experienced healthcare professionals will share insights into ensuring effective risk and resource management and timely project delivery thanks to applying project delivery innovations. The attendees of the event will have a chance to explore the recent trends and changes in applying conversational AI within the European market.

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article thumbnail

Artificial Intelligence and Project Management: The First Step

The IIL Blog

Risk Management. Effective risk management has to be proactive. AI enables predictions that are more accurate than traditional software solutions in determining risk responses, probabilities, and their impact. This is the first step towards AI by project managers. Active Assistance. Lohr, “ The A.I.

article thumbnail

Digital Transformation in Manufacturing in 2024: Benefits & Examples

Epicflow Blog

Thanks to reducing waste and inefficiencies, increased productivity, more efficient resource utilization, effective risk forecasting and management, and making data-driven decisions, manufacturing companies reduce extra expenditures and increase profitability. 1] In recent years, manufacturing companies tend to leverage Generative AI.