Orpheus, a McKinsey company - Digital Backbone

Digital Backbone &
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Digital Backbone & Visualization
Orpheus, a McKinsey company - Impact Tracker

Data Connectivity &
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Data Connectivity & Transformation
Orpheus, a McKinsey company - Data Categorizer

Data Cleansing &
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Data Cleansing & Categorization
Orpheus, a McKinsey company - Spend Control

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Dashboards & Insights
Orpheus, a McKinsey company - Category Analytics

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Analysis &
Ideation
Orpheus, a McKinsey company - Impact Tracker

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Integrations & Ecosystem
Orpheus, a McKinsey company - Advisory Center

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Alerting & Recommendations
Orpheus, a McKinsey company - Impact Tracker

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Savings Tracking

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Impact & Savings Tracking

Do not be afraid of new technologies

Do not be afraid of new technologies

Let's clean up with all these big terms and call a spade a spade! In this whitepaper we give simple explanations for wide-spread terms and abbrevations in procurement controlling. What does AI stand for? What does a "Data Scientist" do all day at work? What can my company's procurement department achieve with Material Clustering and Process Mining?



Download the full article as a compact whitepaper (PDF format).



READ WHITEPAPER!

For example, AI stands for Artificial Intelligence. AI is a branch of computer science/informatics which deals with the automation of intelligent procedures. The term AI is yet to be clearly defined, as there already is a lack of a precise definition of intelligence. Nevertheless, AI is often used in research and development (R&D). In general, AI describes the attempt to emulate human-like intelligence. In other words, to program a computer in order to solve problems independently.