How Technology, Data, and AI are Changing MRO Procurement

Leaders engaged in Maintenance, Repair, and Operations (MRO) procurement understand the increasing importance of technology and innovation in their function. Digital transformation has already significantly altered the foundation of traditional procurement processes, so procurement teams must adapt to new tools and solutions to keep business running smoothly. Here, we'll explore the powerful influence of technology, data analytics, and artificial intelligence (AI) on the future of MRO procurement.

Improving the Customer Experience with AI in Financial Services

Financial institutions are under intense pressure to deliver seamless, secure, and personalized customer experiences. Many financial firms are looking to artificial intelligence (AI) as a means to achieve their customer experience goals. In this article, discover how AI has cemented its foothold in the financial sector, redefining the rules of engagement with customers; and how financial services firms can leverage AI to create groundbreaking CX initiatives.

Seven Ways to Prepare Your Firm for the Digital Operational Resilience Act (DORA)

The European Union (EU) implemented the Digital Operational Resilience Act (DORA) in response to growing security and resilience issues across global markets, including in the financial services space. It is a transformative regulatory framework that elevates cybersecurity standards across the EU financial services sector, with clear implications in the United States as well.

In this article, we illustrate key aspects of the regulation and their practical implications for financial firms, including those in the United States.

How Your Company Can Combat Deepfake Fraud

Two people at a laptop, one of whom is pointing at the screen, and only their arms are visible.

Deepfakes” are videos, images, or audio files that are created using artificial intelligence and machine learning techniques, making them almost indistinguishable from real content. They don’t just have implications for politics and public discourse. They can also be used for financial fraud and theft, resulting in millions of dollars in losses.

In this article, weexplore some of the ways your company can recognize deepfakes, so it can protect itself against fraud.

How Sherwood Hockey is Driving Conversion with Endorsements and Community-Building

Hockey players fighting over a puck

Building a community around a retail brand is essential for fostering customer loyalty and enhancing brand identity. When customers feel connected to a brand, they are more likely to engage, advocate, and make repeat purchases. Establishing a strong community helps create a sense of belonging and trust, ultimately driving long-term success for the business.

Here, we'll explore how one brand, Sherwood Hockey, is driving sales through community-building and endorsements from popular hockey figures.

Strategies for Meeting ESG Goals and Regulations in the Supply Chain

Overhead view of shipping containers at a loading dock

Sustainability in procurement is not a new topic, but it is growing in importance and will soon become a mission-critical part of operations. Currently, procurement and supply chain leaders are trying to make environmental, social, and governance (ESG) a top-of-mind issue, and they are seeing results.

This article explores how procurement and supply chain teams can implement sourcing strategies to meet their ESG goals and adhere to an evolving web of regulations.

rand&rand Named Local Experts by ApartmentGuide

We were named a local expert on ApartmentGuide.

“Michael Rand with rand&rand recommends improving your energy efficiency in your apartment by sealing windows and doors, using draft stoppers, and closing blinds or curtains to maintain indoor temperature. He adds: ‘Move furniture away from heating vents so heat can spread more easily.’ These measures reduce the need for excessive heating or cooling, saving energy and lowering utility costs.

Read the full article here:

Sustainable Living in an Apartment: 12 Practical Tips for Eco-Conscious Renters

ApartmentGuide is a subsidiary of Redfin.com. Image credit: ApartmentGuide.

How Risk Management is Evolving for Financial Institutions

In financial services, risk management involves identifying, assessing, and prioritizing risks followed by the application of resources to minimize, control, and monitor the probability or impact of unforeseen events. In this article, we explore the latest innovations in risk management for financial services and their impact on the industry. We examine key challenges faced by hedge funds and investment firms in traditional risk management, and provide recommendations as to how they can embrace technology to enhance their risk management practices moving forward.

AI Integration Trends in Data Center Management

Data centers represent the core of digital infrastructure, enabling companies to handle, store, and use vast amounts of information. Traditionally, managing data centers depended on resource-heavy processes and human oversight. However, a revolution is underway in data storage facilities — the integration of AI is transforming operations, offering more efficient, secure, and responsive data center management. In this article, we explore the meshing of AI technology with data center management.

Improving the Customer Experience with AI in Financial Services

Financial institutions are under intense pressure to deliver seamless, secure, and personalized customer experiences. Many financial firms are looking to artificial intelligence (AI) as a means to achieve their customer experience goals.

If fully integrated, AI capabilities can strengthen engagement significantly, supporting customers’ financial activities across diverse online and physical contexts with intelligent, highly personalized solutions delivered through an interface that is intuitive, seamless, and fast," according to a report by McKinsey & Company.

Here, we'll explore how financial services firms can leverage AI to create groundbreaking CX initiatives.