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Forrester predicts that the low-code market will grow at a 21% growth rate for the next five years, growing to approximately $30 billion in 2028. Low-code platforms can accelerate development for certain types of applications. However, traditional development offers more flexibility and customization for complex projects.
Three-fourths of them ( 75%) are more reliant on RPA compared with their pre-pandemic operations Moving to RPA-as-a-Service Traditional RPA is software that mimics human digital behavior. By creating software robots (“bots”), businesses can easily automate basic, repetitive tasks.
And in the period between 2023 to 2028, renewable electricity capacity is expected to grow by 7,300 gigawatts with solar PV and onshore wind usage expected to at least double over current levels in India, Brazil, Europe and the US through 2028. These improvements helped boost maintenance efficiency and minimize operatingcosts.
over the course of 2021-2028. . This contributes to mitigate operatingcosts and help IT support teams stay more focused on core tasks. Importantly, both parties need to work well together to customize a cloud solution that is compatible with all chosen hardware systems and operating systems.
Studies show that 90% of managers believe remote working will become a new norm, and that 70% of all departments across industries will work remotely by 2028. CIOs can choose the best and most viable cloud solutions that can be easily scaled up or down on the go, thus optimizing operationalcosts. Remote working is here to stay.
billion by 2028, growing at a CAGR of 10.5% from 2020 to 2028. This growth is driven by the increasing demand for outsourcing business processes, as companies seek to improve efficiency, reduce costs, and enhance customer experience. The global BPO market is projected to reach $435.8
Operationalcosts reduction and to boost organizational productivity prompts business leaders to outsource to BPO Philippines. from 2021 to 2028. Improve efficiency while decreasing operatingcosts. BPO Philippines remain the top destination to outsource for business worldwide. Emphasize core competencies.
And in the period between 2023 to 2028, renewable electricity capacity is expected to grow by 7,300 gigawatts with solar PV and onshore wind usage expected to at least double over current levels in India, Brazil, Europe and the US through 2028. These improvements helped boost maintenance efficiency and minimize operatingcosts.
The digital-first approach completely revamps your organization from having storage racks to cloud storage — which immensely reduces operationalcost and ensures a single source of truth for data. from 2021 to 2028. The global digital transformation market size was valued at USD 336.14
By integrating sensors and monitoring systems, soil conditions can be accurately assessed, determining the precise need for irrigation and fertilization, ultimately leading to higher yields and reduced operationalcosts. According to research , by 2028, the CPS market capitalization is expected to reach $137,556 million.
Gartner predicts AI will reduce cybersecurity incidents by 40% by 2026 and that investment in combating misinformation will top $500 billion by 2028. Enhance cybersecurity while supporting sustainability by minimizing energy consumption and operationalcosts.
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