Thermoelectric materials convert low-grade heat wasted in industrial processes or exhaust systems of a vehicle into electricity.
His suggestion would be to reconsider some of the previously discarded options, with preference towards more modern thermal treatment processes, or systems of pre-treating the waste and creating fuel from it.
Finally, investing in hedge funds can pose operational risk: risk of investment loss from inadequate or failed internal processes, people and systems, or problems with external service providers rather than an unsuccessful investment strategy.
Few legacy systems or processes means entrepreneurs and organizations have the chance now to re-structure the market and industries to newer business concepts.
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For this client, the inflexibility of labor laws and the power of labor unions is a far bigger constraint to her IT agility than is the complexity of IT systems or internal processes.
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Still, even to non-technical people, it was clear that there were logical processes that controlled the gears of mechanical systems or the circuits of computers in ways that were useful and not, at the time, obvious.
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Both the Switzerland-based Basel Committee on Banking Supervision1 (BCBS) and the Financial Services Authority2 (FSA) in the UK have recently made it clear that when relying on manual processes, desktop applications or key internal data flow systems such as spreadsheets, banks and insurers should have effective controls in place that are consistently applied to manage risks around incorrect, false or even fraudulent data.
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It is designed to replace the patchwork with which banks try to integrate new systems and processes each time they upgrade or add services.
Think of these collaborative discussions happening directly within your CRM or ERP systems where people often have questions, comments or need to connect with others per the processes of your enterprises.
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Complex systems can actually become less certain over time as research reveals processes or complications that had not previously been understood or anticipated.
That being said, being involved in putting two companies or units together is not easy: Processes need to be aligned, systems updated, structures shifted, and responsibilities redefined.
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They are producing kits or projects in enough volume that they are trying to build systems and processes around their maker business.
But Steve Mills, senior vice president and group executive for software and systems at IBM, insists big data does not represent a huge paradigm change in processes or results.
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This is one of the merits in such an all-inorganic system while some conventional systems cannot follow the light power in general because of their internal or external rate-limiting processes in the complex structures.
For businesses, this approach means they can design business models and business processes that are optimized for opportunities and growth, rather than being limited by the rigidity of either legacy systems or short-sighted cloud strategies predicated on tactical efficiency rather strategic advantage.
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