Groove Technology

MAY 7, 2024

In today’s globalized business environment, outsourcing IT functions is a strategic move for many companies looking to enhance service quality, reduce costs, and access a wider talent pool. This cultural compatibility facilitates smoother communication and collaboration, enhancing the overall efficiency of outsourcing partnerships.

IT Outsourcing 130

IT Outsourcing Outsourcing Cybersecurity Government 130

Groove Technology

JUNE 21, 2023

Offshore software development has become increasingly popular in the digital era, offering businesses the opportunity to access a global talent pool while reducing costs. If there is a significant overlap in working hours, it allows for real-time collaboration and faster response times, potentially commanding higher rates.

Offshoring 130

Offshoring Software Labor Costs Collaborations 130

Groove Technology

SEPTEMBER 26, 2024

Control and Communication While in-house teams offer direct control, modern project management tools have made remote collaboration highly effective. This model is particularly popular among companies looking to reduce costs while dramatically accessing a vast talent pool. There may also be some cultural differences to navigate.

Software 130

Software Outsourcing Offshoring Nearshoring 130

Redial

MARCH 21, 2023

As we keep moving into 2023, several trends are shaping the industry and creating exciting opportunities for businesses of all sizes. This not only improves efficiency and reduces costs but also frees up human agents to focus on more complex and high-value customer interactions.

Nearshoring 100

Nearshoring Call Center Right-Sizing Labor Costs 100

The Hackett Group

JULY 13, 2023

Miami, FL — July 13, 2023 — For the first time in decades, most finance organizations experienced a significant increase in operating costs in 2023, driven by inflationary pressures, geopolitical unrest and other uncertainty factors, according to new research from The Hackett Group , Inc. NASDAQ: HCKT).

Operational Costs 97

Operational Costs Finance Research Advisory 97

The Hackett Group

OCTOBER 22, 2024

Remarkably, finance is the only back-office business function that reduced costs as a percentage of revenue from 2023 to 2024 while investing more in technology. These investments continue to reduce costs while increasing overall speed. of their total operating costs to technology – 41% more than their peers.

Finance 59

Finance Advisory Marketing Reduced Costs 59

Groove Technology

OCTOBER 1, 2024

trillion by 2023. Conclusion Outsourcing offers diverse opportunities for businesses to optimize operations, reduce costs, and access specialized expertise. A Deloitte study found that 59% of companies consider onshore outsourcing for certain functions. According to Beroe Inc.,

Software 130

Software Outsourcing Nearshoring Offshoring 130

IBM Services

FEBRUARY 6, 2024

Malaysia’s payments network, PayNet, is collaborating with Ant Group (the parent company of Alipay) to allow Alipay+ wallet holders from seven countries to pay via QR code using PayNet’s DuitNow QR system. Increasing the use of cash does not reduce cost or friction in the economy. in 2023-2024.

Banking 93

Banking Government Retail Reduced Costs 93

Metasource

AUGUST 5, 2024

IA enables companies to enhance efficiency, reduce costs, and stay competitive in an ever-evolving market. These are just some of the reasons why 99% of organizations had either already invested in intelligent automation in 2022 or were planning to invest in it in 2023. But what exactly is intelligent automation?

Automation 52

Automation Data Entry Out-Tasking Reduced Costs 52

IBM Services

MAY 11, 2023

For IBM, Think is a perfect time for us to connect, collaborate and help our clients and partners continue to forge ahead with digital transformation and innovation. As we wrap up Think 2023, we’re excited to recap a few of the exciting new capabilities we are launching in our IT Automation portfolio.

Automation 60

Automation Engineering Collaborations Reduced Costs 60

IBM Services

JANUARY 15, 2024

The plan aimed to address digital transformation along with a digital construction plan for 2023. The goal is to quickly identify and resolve process issues, foster continuous resolution of cross-departmental and cross-system collaboration challenges.

Efficiency 72

Efficiency Insurance Robotics Process Automation Automation 72

Capgemini

OCTOBER 6, 2023

The operating model of the future – in the context of intelligent automation Maciej Sowa Oct 04, 2023 Facebook Twitter Linkedin The transition to a modernized, future-ready, automation-infused operating model can transform the organization into an ecosystem of interconnected components.

Automation 52

Automation Robotics Process Automation Government Reduced Costs 52

Everest Group

FEBRUARY 27, 2024

Learn insights from our latest survey on enterprise readiness for gen AI adoption and how collaborating with providers can help overcome the major obstacles. These tools enhance productivity, reduce response times, and enable agents to focus on more complex and value-added tasks.

Management 64

Management Out-Tasking Outsourcing Efficiency 64

Capgemini

APRIL 11, 2023

Innovation drives delivery excellence Effective service delivery requires innovation and transformation to remove frictions in business operations, drive process optimization, minimize risk and reduce cost, and drive efficiency. Continuous improvement is part of our natural, day-to-day company culture at Capgemini.

Service 52

Service Shared Services Reduced Costs Global Business Services 52

IBM Services

OCTOBER 30, 2023

The AWS-IBM partnership is a symphony of strengths The collaboration between IBM and AWS is more than just a tactical alliance; it’s a symphony of strengths. The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency.

Analytics 83

Analytics Retail Insurance Streamline Operations 83

Capgemini

SEPTEMBER 11, 2024

These applications aim to shorten design cycles, increase productivity, reduce costs, and improve overall product quality, aligning with the industry’s goal of continuous improvement. These tools pre-empt bugs ahead of time with root cause analysis to significantly reduce iterations.

Design 52

Design Manufacturing Engineering Automation 52

Everest Group

MARCH 19, 2024

In 2023, Atom Computing unveiled an 1180-qubit quantum computer. Instead, they should embrace quantum computing as a service that provides multiple benefits, such as scalability, elasticity, reduced costs, and increased accessibility. Quantum bits exhibit numerous types of quantum phenomena.

Supply Chain Management 59

Supply Chain Management Research Collaborations Reduced Costs 59

Simplr

NOVEMBER 21, 2022

Even with a Chief Customer Officer (CCO) appointed to drive the collaboration, a successful CX initiative requires cooperation, integration, and overall cross-functional enterprise planning and support. So why doesn’t every brand prioritize and embed CX across the entire organization? Why CX Is Important.

Human Resources 93

Human Resources Customer Support Research Collaborations 93

Perficient Digital Transformation

SEPTEMBER 29, 2023

Dreamforce 2023 is the largest and most anticipated Salesforce event of the year. In this blog post, I’ll take a closer look at Gartner’s five key strategic initiatives that finance leaders are prioritizing in 2023 , and how Salesforce can help. Collaboration tools.

Finance 64

Finance Service Out-Tasking Analytics 64

IBM Services

NOVEMBER 30, 2023

The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ). The consolidation of client environments within a centralized platform streamlined operations, improved scalability and reduced costs.

Cybersecurity 70

Cybersecurity Regulations Sourcing Streamline Operations 70

Perficient Digital Transformation

NOVEMBER 15, 2024

Engaging directly with end-users ensures their voices inform your modernization efforts , fostering a culture of collaboration that can drive meaningful change. Recommended Approach : Ease the burden on clinicians by first understanding teams’ day-to-day friction points. Read More: Is Your Healthcare Organization Really Product-Driven?

Healthcare 52

Healthcare Insurance Regulations Analytics 52

Perficient Digital Transformation

NOVEMBER 15, 2024

Engaging directly with end-users ensures their voices inform your modernization efforts , fostering a culture of collaboration that can drive meaningful change. Recommended Approach : Ease the burden on clinicians by first understanding teams’ day-to-day friction points. Read More: Is Your Healthcare Organization Really Product-Driven?

Healthcare 52

Healthcare Insurance Regulations Automation 52

Capgemini

JANUARY 9, 2024

Sustainability in 2024: How businesses can transform for eco-conscious success Miguel Sossa Nov 14, 2023 Facebook Twitter Linkedin A common mistake companies make when transitioning to a green economy is to plan for the world as it currently is, as opposed to the world it’s rapidly becoming. How about technology?

Government 52

Government Regulations Right-Sizing Collaborations 52

Capgemini

JUNE 1, 2023

CUSTOMER CENTRICITY: A PROVEN SOURCE OF REVENUE Vinay Patel 01 June 2023 Facebook Twitter Linkedin Customer centricity might seem like a secondary concern for banks – but it isn’t. Investing in CX initiatives can lead to a range of benefits, such as increased customer satisfaction, reduced customer churn, and improved brand perception.

Sourcing 52

Sourcing Banking Analytics Reduced Costs 52

Premier BPO

MARCH 29, 2023

Shared Services and Outsourcing Week (SSOW) is the industry’s leading collaborative event that brings together professionals, leaders, and experts from various industries and backgrounds to share their best practices every year. The week featured prize-winning speakers and Global Business Services giants.

Shared Services 40

Shared Services Co-Sourcing Service BPO 40

IBM Services

APRIL 25, 2024

Benefits: Improved efficiency Reduced cost Enhanced transparency Customer relationship management (CRM) BPR is a pivotal strategy for organizations that want to overhaul their customer relationship management (CRM) processes. This can enable significant cost savings and improve profitability. Last updated 10 November 2023.

Supply Chain Management 59

Supply Chain Management Finance Robotics Process Automation Human Resources 59

IBM Services

MARCH 20, 2023

Adobe Commerce easily connects with IBM Sustainability Software solutions: IBM Sterling Order Management, which helps businesses manage orders across multiple channels and devices, and IBM Sterling Intelligent Promising , which helps businesses balance their inventory levels and reduce costs through accurate, real-time promise and order scheduling.

E-Commerce 57

E-Commerce Flexibility Order Management Collaborations 57

The Scalers

JANUARY 10, 2024

It involves identifying and recruiting individuals with the right technical expertise and soft skills required to collaborate effectively within the organisation. Other C-level executives ask them to support their companies’ growth initiatives while reducing costs as much as possible. The reason?

Offshoring 59

Offshoring Right-Sizing Cybersecurity Reduced Costs 59

3Pillar Global

MAY 3, 2024

I’ve had the privilege to collaborate and connect with exceptional regional plan leaders across strategy consulting roles and more recently in-house at a regional plan. In Mercer , Aon , and WTW surveys of healthcare benefit leaders showed a typical premium increase in 2023 of ~6 and between 6-8% in 2024, far outpacing inflation.

Insurance 104

Insurance Healthcare Co-Sourcing Administrative 104

IBM Services

APRIL 11, 2024

For example, New York City published its own AI Action plan in October 2023, and formalized its AI principles in March 2024. Creating a culture of responsibility and collaboration A participatory and inclusive culture is essential as organizations grapple with governing a technology with such far-reaching impact.

Government 77

Government Regulations Accounting Cybersecurity 77

The Scalers

MARCH 27, 2024

Build future-proof dev teams Discover how to scale development teams in 2023 and beyond DOWNLOAD EBOOK Managing technical debt Tackling technical debt is a nightmare for leaders. Challenges for CIOs Collaborating closely with CTOs, CIOs navigate a distinct set of challenges as they lead IT strategy and management.

Offshoring 52

Offshoring Engineering Reduced Costs Out-Tasking 52

IBM Business Partners

JUNE 11, 2024

In November 2023, Broadcom finalized its acquisition (link resides outside ibm.com) of VMware for USD 69 billion, with an aim to enhance its multicloud strategy. By leveraging automated tools, best practices and a phased approach, it helps organizations minimize risks, reduce costs and accelerate their cloud migration journeys.

Design 66

Design Managed Services Manufacturing Efficiency 66

IBM Services

MAY 10, 2023

So, how do we at IBM continue to provide technological solutions that tap into the power of artificial intelligence and leverage intelligent automation , all while bolstering human ambition for collaboration, creativity and innovation? Ultimately, we believe the answer lies in the power of augmenting our own human intelligence.

Automation 84

Automation Out-Tasking Design Collaborations 84

IBM Services

FEBRUARY 19, 2024

Cost optimization can be achieved through a combination of productivity enhancements, infrastructure savings and reductions in operating expenses. In 2023, the global data monetization market was valued at USD 3.5 Reduced costs through risk mitigation. billion, and experts project it to reach USD 14.4 from 2024 to 2032.

Analytics 68

Analytics Banking Sourcing Automation 68

Influx

JANUARY 19, 2023

The goal of operational efficiency is to produce more output with fewer inputs in order to increase productivity and reduce costs. By increasing operational efficiency, it allows large businesses to reduce costs and focus on core business. Automation can help improve efficiency, reduce costs, and increase productivity.

Efficiency 52

Efficiency Sales Reduced Costs Customer Support 52

IBM Business Partners

AUGUST 16, 2023

It is poised to transform businesses and industries, revolutionize how employees and other stakeholders collaborate, and drive digital transformation initiatives. Gartner predicted that cloud spending would reach nearly $600 billion by the end of 2023. Many organizations have spent the past few years investing heavily in the cloud.

Automation 64

Automation Software Cost Control Flexibility 64

Infosys Consulting

FEBRUARY 1, 2023

It will require CXOs to commit to innovation, industry collaboration, and long-term investments. With boots on the ground, such partners are key to driving growth both through GTM and building out intellectual property. This will be a significant undertaking. As such, it must be executed in waves to align with market readiness.

Service 52

Service Marketing Flexibility Reduced Costs 52