by Innovit Corporate Affairs | Nov 7, 2018 | Blog, GDSN
According to Veritas, only 15% of data out there can be classified as Business Critical Information. This excess data could cost $3.3 trillion in storage and management by the year 2020. The reason why so much of this data is unaccounted for is partly due to a lack of...
by Innovit Corporate Affairs | Oct 31, 2018 | Blog, MDM
According to a recent survey, over 69% of Healthcare leaders in IT emphasized on healthcare supply chain management as they believe it is an important factor for actionable data mining. In addition to that, with over $672.1 billion spent on Medicare in just one year,...
by Innovit Corporate Affairs | Oct 29, 2018 | Blog, PIM
Once upon a time, businesses had to keep paper files detailing everything about their products and customers. But when the internet came into the picture, that all changed. Now, businesses are finding ways to manage vast amounts of data electronically. One of the...
by Innovit Corporate Affairs | Oct 24, 2018 | Blog, NPI, PIM
Every year, over 30,000 new consumer products are launched and 80% of them fail. Launching a new product successfully involves a lot of interrelated tasks that all require a high degree of attention. This involves testing, cost-effective production and assembly and so...
by Innovit Corporate Affairs | Oct 22, 2018 | Blog, MDM, PIM
Half of Americans are avoiding the grocery store entirely and purchasing their goods online. That percentage is expected to increase in 2018. With more consumers turning to the internet and delivery services for their groceries, it’s no wonder why owners across...
