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IT Companies in Quandry as Clients Turn against COLA | In the News

Everest Group

With over $35 billion in software managed services contract value due for renewal in 2 years, IT firms may sweat over cost-of-living-adjustment clause. Prateek Gupta , Practice Director, Everest Group, says there was a decline in contracts with the COLA clause between 2018 and 2020 because of buyers’ pressure back then.

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Unleashing IT Industry Growth Potential with Asset-Based Business Models | Blog

Everest Group

With slowed IT industry growth, service providers can drive momentum with asset-based business models that center on delivering services built on digital products and platforms or monetizing the platforms and assets themselves. Service provider leaders are grappling to help the IT industry find new avenues of growth.

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Why You Should Choose The Philippines For Your IT Outsourcing

Groove Technology

In the 2017-2018 school year alone, state universities and colleges produced 77,747 IT graduates. Effective Cost One of the main factors contributing to the growth of IT outsourcing in the Philippines is the lower cost of labor. Implementing business continuity plans (BCPs) can help mitigate the risks of such disruptions.

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Battling Turnover, Attrition, And Minimum Wage Increases with Outsourcing

Premier BPO

Even if you hire the required talent somehow, the operational cost is steep because of the pending increased $15 minimum wage. We offer a wide range of services from Back-Office , IT Support , Contact Center Solutions , E-commerce Support , Finance & Accounting Services , Healthcare Solutions , etc. 45% in 2019.

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Outsourcing Case Studies Businesses Can Learn From

NoonDalton

Curiosity Stream is a global independent media firm and video-on-demand streaming service that experimented with outsourcing in 2019. This aided them in increasing overall productivity while also lowering the cost of developing the software. They operated in Israel, Ukraine and the US, with 22 employees. CuriosityStream.

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Top Offshore Software Development Companies in 2024: Best Picks for Your Projects

Groove Technology

These strategies help offshore teams mitigate challenges and deliver effective software development services. They offer end-to-end software services across an impressive spectrum of 100+ industries, demonstrating remarkable versatility and domain expertise.

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IBM and Microsoft partnership accelerates sustainable cloud modernization

IBM Services

IBM’s recommendations included API-specific improvements, bot UX optimization, workflow optimization, DevOps microservices and design consideration, and best practices for Azure manage services.