We have often heard that mantra “digitize to survive.” Businesses initiate a digital transformation to drive growth, improve business processes, and enhance the customer experience. According to Gartner, digital transformation is an organizational priority for 87% of senior executives.
A number of studies from academics, consultants, and analysts indicate anywhere from 70% to 95% of
A new, fun, and fast way to generate words and images has exploded in popularity. The hero (or villain, depending on whom you ask) is a high-powered, complex form of computer programming called generative artificial intelligence (AI). OpenAI, a company riding on a multi-billion dollar investment from Microsoft, has popularized generative AI with ChatGPT, a
Section 365(n) of the United States Bankruptcy Code (11 U.S.C. Title 11) protects the rights of intellectual property (IP) non-debtor licensees. Section 365 of the Bankruptcy Code allows a debtor –in-possession, or a trustee (e.g., a software vendor) to: (a) assume, (b) assign, or (c) reject certain executory contracts – which would typically include software
Join Taft partner Marcus Harris and associate Nick Brankle for a complimentary webinar on April 20, 2023, at 12:30 PM EST / 11:30 AM CST. Harris and Brankle will provide tips to avoid a digital transformation relationship trainwreck. This includes how to manage risk, spot vendor red flags, avoid litigation, and negotiate software contracts.
This
ERP software continues evolving, and digital transformation remains as relevant as ever for modern commercial enterprises. Keeping up-to-date is essential for your business. Post-COVID, there have been non-stop developments in ERP software trends, pushing IT leaders to reprioritize constantly. Here is a breakdown of the latest ERP trends we expect to see in 2023:
Oracle recently made its largest acquisition ever by closing a $28 billion deal for electronic health care data company, Cerner. Cerner is a cloud-based platform targeted around Veteran Affair’s patient safety concerns. Oracle’s acquisition of Cerner is a strategic move by Oracle to expand into the healthcare industry. By acquiring a healthcare company, Oracle aims
The U.S. Court of Federal Appeals (CAFC) just released its decision in another breach of software license case. Bitmanagement Software GMBH v. United States, Fed. Cir. 2020-1139 (Feb. 25, 2021). This is the second case where the court recently found for the contractor and held the Government to have overextended its use of a
State Farm got the Internet’s attention this year with a deepfake advertisement of ESPN SportsCenter anchor Kenny Mayne. To many, this was an introduction to a new and accessible technology that creates convincingly realistic fake videos.
Nearly anyone with Internet access can create a realistic video clip of events that never happened. Deepfakes are videos
Taft Chicago partners Marcus Harris and Daniel Saeedi presented several sessions during the Digital Stratosphere Online Edition, April 20-24, 2020. Each day featured different presenters discussing the new realities of ERP, HCM and digital transformation projects in a post-COVID-19 world. Harris and Saeedi spoke jointly on “How to Negotiate (and Renegotiate) ERP Contracts During
Much of the business world has been focusing on ensuring it is compliant with California’s tough Consumer Privacy Act (CCPA) that took effect Jan. 1, 2020. Far less attention has been paid to a second law enacted by the state legislature that came into force at the same time regulating the data security of connected