“Technology is a tool” and this technology is a perfect fit for HR, as explained by Scott Nelson, president and chief digital officer at Tamarack Technology in this Monitor Web Exclusive. Learn how AI is not only good, but critical to human resource management in equipment finance.

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Billy Bean and Paul DePodesta changed baseball forever by trading a human judgment-led approach for a data-based strategy that propelled the Oakland A’s to a 20-game winning streak. Scott Nelson and Tim Appleget from Tamarack Technology explore the ‘Moneyball Moments’ available to equipment finance through the use of data and analytics.

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“Beware of IoT” was the frightening headline from a recent article by Paul Bent in the Monitor 101 2022 issue. The article provided a quick history lesson on the “Internet of Things” as well as his perspective on protecting your company from potential liability of data collection, internet connectivity and potential threats to equipment assets in the ever-connected world of the internet.

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AI is making employees more productive, companies more competitive, and once again bringing the counterintuitive reality of Jevons Paradox into view.

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A decade ago, AI was a buzzword with little practical application in equipment finance. Today, companies in our industry are utilizing artificial intelligence for the purposes of prediction and automation, streamlining internal processes to increase productivity and drive better deal outcomes.

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How do you define innovation? This was the initial question posed by moderator Scott Nelson during the March 3, 2022, Monitor Live+ Panel: Creating a Future for Your Company. In presenting the question, Nelson used the Peter Drucker’s definition to lead off the discussion. “Innovation is an effect in economy and society, a change in the behavior of customers, of teachers, of farmers, of doctors, of people in general”

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