Remove 2012 Remove Co-Sourcing Remove Collaborations Remove Efficiency
article thumbnail

10 Examples of Bad Outsourcing and How to Avoid Them

Magellan Solutions

Source: Magellan Solutions. For short-term contracts, you can opt for a set fee model, and for long-term collaborations, for a material and time model. Morgan Chase & Co. TAKE NOTE: Check your expenses first if the service you availed is worthy and if it increases your business’ efficiency. . #4) TAKE NOTE: .

article thumbnail

Top 10 Data Labeling Companies Helping AI Move Forward

Pure Moderation

Robots, drones, and self-driving vehicles need AI trained on reliable data to achieve higher levels of autonomy and the truth is, firms are struggling to source enough high-quality data to fully develop these types of AI projects. In 2016, when 19-year-old Alexander Wang co-founded Scale AI along with Lucy Guo, he was still a student at MIT.

article thumbnail

Best Blockchain Development Platforms for 2022

MicroAgility

In addition to supporting Ether, and the second-largest cryptocurrency globally, Ethereum is an open source platform. Cost And Efficiency Optimization Of Inter-Company Collaboration : The architecture of Corda is designed to optimize data privacy and cost-efficiency of interaction between different organizations.

Banking 59