Everest Group

APRIL 10, 2024

New sourcing deals requiring providers to support multiple areas have continued to increase, driven by healthcare providers’ long-standing challenges of lower revenue collection, higher denials, and suboptimal patient experience. These issues have reduced margins and escalated providers’ workloads.

Management 147

Management Healthcare Robotics Process Automation Analytics 147

IBM Services

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Manufacturing 84

Magellan Solutions

JULY 21, 2023

Companies are becoming mindful of the potential of outsourcing services for small businesses in 2023. The top 10 outsourcing trends for 2023 are crucial for businesses to stay ahead. Explore the top ten outsourcing trends for 2023 with us. Moreover, it reduces costs and streamlines operations.

Outsourcing 94

Outsourcing Cybersecurity Robotics Process Automation Supply Chain Management 94

Everest Group

SEPTEMBER 9, 2024

Capital Markets IT Services PEAK Matrix® Assessment The capital markets industry is transforming to enhance operational efficiencies and reduce costs. Firms are streamlining operations by automating processes, integrating new technologies, and outsourcing non-core activities such as IT management and back-office functions.

Marketing 130

Marketing Service Cybersecurity Banking 130

Everest Group

FEBRUARY 27, 2024

These tools enhance productivity, reduce response times, and enable agents to focus on more complex and value-added tasks. Our survey asked enterprises about their readiness to adopt gen AI to identify significant areas where enterprises need specialized support.

Management 162

Management Out-Tasking Outsourcing Efficiency 162

Everest Group

MARCH 29, 2023

Other benefits named include reduced cost (20%), reduced trial timelines (13%), more diverse patient populations (13%), getting real time data (7%), and enabling complex scoring and analysis (7%). These findings and more are detailed in the Decentralized Clinical Trials Adoption Playbook.

Pharmaceuticals 130

Pharmaceuticals Research Reduced Costs Sourcing 130

Everest Group

APRIL 17, 2023

Designed to provide a broad range of shared services, GBS organizations can help enterprises streamline operations and resources, reduce costs, and reach needed talent, all while driving innovation. Strategies to optimize near-term costs Inflation is putting cost takeout pressure on businesses worldwide.

Shared Services 130

Shared Services Streamline Operations Global Business Services Offshoring 130

Airswift

MAY 8, 2022

Source: shisu_ka/Shutterstock. Reducing costs and increasing quality are critical in strategic planning and a healthy workforce is essential to achieving this. population will be engaged in some form of contract work by 2027 and by 2023, the gig economy is projected to reach $USD455 billion.

Reduced Costs 98

Reduced Costs Flexibility Research Sourcing 98

Perficient Digital Transformation

SEPTEMBER 22, 2023

Two statistics she shared stood out to me: First, on average, healthcare organizations have 46 systems in place dedicated to operations (Source: Salesforce Research, Healthcare & Life Sciences, April 2023). Roughly 30% of health industry costs come from administrative work (Source: Health Affairs, Administrative Waste Study 2022).

Healthcare 59

Healthcare Administrative Reduced Costs Sourcing 59

Premier BPO

MARCH 29, 2023

Event Theme and Topics: Topics under discussion focused on the latest trends and best practices for shared services, including digital transformation, automation, and data analytics with the concept of centralizing support functions to increase efficiency and reduce costs. The overall networking at the event was tremendous.

Shared Services 100

Shared Services Service Co-Sourcing BPO 100

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 147

Supply Chain Management Research Collaborations Reduced Costs 147

IBM Services

MARCH 22, 2023

The findings of the recent Forrester Wave: Data Management for Analytics, Q1 2023 is a clear indication that IBM continues to be a leader in analytics, providing our customers with innovative and fully integrated solutions. Let’s look at IBM’s take on some of the specific strengths recognized in Forrester’s Wave below.

Analytics 69

Analytics Management Government Reduced Costs 69

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

Customer Serv Outsource Smarter

DECEMBER 16, 2022

And what can we expect in 2023? So, what’s in store for 2023 in our beloved BPO industry? Onshore cost surge. Outsourcing costs have been steadily rising in the U.S., and we anticipate this will continue throughout 2023. have increased into the $35-$45+ range in 2022, and we expect 2023 will be no different.

BPO 52

BPO Outsourcing Nearshoring Call Center 52

Groove Technology

OCTOBER 1, 2024

trillion by 2023. Let's explore two prominent types: Multi-Sourcing Multi-sourcing involves using multiple service providers for different aspects of a business function. Gartner reports that 71% of organizations are considering multi-sourcing strategies. According to Beroe Inc.,

Software 130

Software Outsourcing Nearshoring Offshoring 130

Magellan Solutions

MARCH 27, 2023

Source: Magellan Solutions In 2023, global outsourcing spending may reach US$731 billion, according to Deloitte’s Outsourcing and Shared Services 2019-2023 Report. In 2023, spending on IT outsourcing is projected to increase by 22% to US$519 billion. We will examine some general outsourcing statistics below.

Outsourcing 86

Outsourcing Business Process Outsourcing Out-Tasking E-Commerce 86

IBM Services

FEBRUARY 6, 2024

Cash as a physical commodity is a costly means of payment, given the security issues, risks and handling costs to every stakeholder in the value chain handling the cash. Increasing the use of cash does not reduce cost or friction in the economy. in FY 2022-2023 and is expected to be 6.3% in 2023-2024.

Banking 93

Banking Government Retail Reduced Costs 93

3Pillar Global

MAY 3, 2024

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. Sources: Mercer, WTW, KFF, AON, Minneapolis Fed On top of that, the business environment has shifted. That’s putting further pressure on HR leaders to reduce costs.

Insurance 104

Insurance Healthcare Co-Sourcing Administrative 104

Perficient Digital Transformation

JANUARY 24, 2025

Additionally, GenAI can synthesize data from disparate sources to identify missed charges and documentation gaps, ensuring accurate and complete billing. Interoperability & Data Integration The success of GenAI in acute care settings hinges on the ability to seamlessly integrate data from disparate sources and systems.

Healthcare 52

Healthcare Supply Chain Management Resource Optimizing Research 52

IBM Services

OCTOBER 30, 2023

The retailer uses these insights to optimize inventory levels, reduce costs and enhance efficiency. Modernizing data warehouse with IBM watsonx.data Modernizing a data warehouse with IBM watsonx.data on AWS offers businesses a transformative approach to managing data across various sources and formats.

Analytics 83

Analytics Insurance Retail Streamline Operations 83

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 in-scope sources have also increased ­to over 1000 event sources, including firewalls, DLP, WAF, SaaS applications and cloud deployments.

Cybersecurity 70

Cybersecurity Regulations Sourcing Streamline Operations 70

Perficient Digital Transformation

SEPTEMBER 3, 2024

Amazon Web Services Optimization and Licensing Assessment (AWS OLA) evaluates your third-party licensing costs to help you right-size your resources, reduce costs, and explore flexible licensing options. Let’s embark on this journey to a more agile, efficient, and cost-effective IT future. Sources: [link] [link]

Reduced Costs 52

Reduced Costs Right-Sizing Flexibility Finance 52

Perficient Digital Transformation

MAY 24, 2023

Microsoft announced Azure AI Studio yesterday at Microsoft Build 2023. You can load data from a variety of sources, prepare it for training, train a model, and deploy the model to production. Reduced costs: Developers can reduce the cost of building and deploying AI applications by providing a cloud-based service.

Reduced Costs 59

Reduced Costs Sourcing Design Service 59

IBM Services

SEPTEMBER 11, 2023

Db2 (LUW) was born in 1993, and 2023 marks its 30th anniversary. It is built on open data lakehouse architecture and brings together the commodity Cloud Object Store, open data/table formats and open-source query engines. This helps remove unnecessary network and infrastructure latencies and reduce cost and security vulnerabilities.

Analytics 89

Analytics Co-Sourcing Engineering Reduced Costs 89

Perficient Digital Transformation

NOVEMBER 1, 2023

Our Inclusion We are proud to be listed in the Forrester Application Modernization and Migration Services Landscape, Q4 2023 report as a medium sized provider with an industry focus in the sectors of financial services, healthcare, and transportation with a geographic focus in North America.

Service 52

Service Right-Sizing Reduced Costs Healthcare 52

IBM Services

MAY 11, 2023

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. This platform utilizes intelligent automation and artificial intelligence (AI) to aggregate data from various sources, detect and correlate incidents, and quickly drive incidents to resolution.

Automation 60

Automation Engineering Collaborations Reduced Costs 60

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

IBM Services

MAY 10, 2023

As we enjoy IBM Think 2023, I’m excited to share a litany of new updates to our business, products and solutions that we believe will help organizations better identify and execute high-impact automations across business and IT to arrive at stronger business outcomes. The potential to realize up to 470% ROI over three years is possible.

Automation 84

Automation Out-Tasking Design Collaborations 84

Automation Anywhere

JANUARY 19, 2021

from 2020 to 2023 and is expected to approach $7.1 It’s a strategic imperative for building business resiliency and capacity to grow revenue and reduce costs. Digital transformation is a top industry trend that will continue for years to come.

Robotics Process Automation 52

Robotics Process Automation Automation Reduced Costs Research 52

Magellan Solutions

MARCH 27, 2023

Source: Magellan Solutions In 2023, global outsourcing spending may reach US$731 billion, according to Deloitte’s Outsourcing and Shared Services 2019-2023 Report. In 2023, spending on IT outsourcing is projected to increase by 22% to US$519 billion. We will examine some general outsourcing statistics below.

Outsourcing 52

Outsourcing Business Process Outsourcing Out-Tasking E-Commerce 52

Mercans

MAY 2, 2023

What it Means for Payroll Clerks and How to Upskill According to a recent report 1 by World Economic Forum, payroll clerks are one of the top 10 fastest-declining jobs in 2023. Payroll technology has the potential to streamline payroll processes and reduce manual labor. But what does this mean for payroll clerks?

Payroll 52

Payroll Data Entry Out-Tasking Jobbing 52

IBM Services

JANUARY 11, 2024

Reduced costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach last year was USD 4.45 billion in 2022 and was poised to grow by 22% percent in 2023. million—a 15% increase over the last 3 years.

Right-Sizing 100

Right-Sizing Regulations Software Cybersecurity 100

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. Policies are not enough Whether governance policies rely on soft law or formal enforcement, and no matter how comprehensively, exactingly or eruditely they are written, they are only principles.

Government 77

Government Regulations Accounting Cybersecurity 77

Metasource

JUNE 7, 2023

Data Verification: After the data has been extracted and validated, it is verified against existing databases or other sources of information to ensure accuracy and completeness. Data Extraction & Validation: IDP systems can recognize specific fields, such as names, addresses and dates, and extract and validate them automatically.

Data Entry 52

Data Entry Automation Right-Sizing Digital Intelligence 52

The Scalers

JUNE 5, 2024

Reducing costs: You’ll undoubtedly save money by augmenting your team with external professionals, especially if your organisation is based in a Western country. Besides compensation, you’ll reduce costs because you won’t need to spend on infrastructure, training or onboarding.

Outsourcing 64

Outsourcing Offshoring Engineering Out-Tasking 64

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. Last updated 10 November 2023. IBM Wow Story: Bouygues Becomes the AI Standard-Bearer in French Telecom.

Supply Chain Management 59

Supply Chain Management Finance Human Resources Robotics Process Automation 59

IBM Services

MARCH 20, 2023

IBM is helping to leverage this platform to drive market-leading business outcomes with the IBM iX® Experience Orchestrator , an open-source framework of components and connectors. Visit us at Adobe Summit 2023 where we’ll have our key talks, solutions and more at Booth 419.

E-Commerce 57

E-Commerce Order Management Flexibility Collaborations 57