Infosys Consulting

MARCH 14, 2023

It is forecasted that by 2028, the size of the market for smart home automation will reach $187.8 compound annual growth rate from 2022 to 2028 (Research and Markets, 2022). This enables more flexibility and reduced costs for installation and retrofitting. billion in 2022 to $164.10 billion, which is an increase of 15.2%

Healthcare 52

Healthcare Analytics Reduced Costs Manufacturing 52

Infosys Consulting

FEBRUARY 15, 2024

The cloud provides a secure and scalable environment for fabless firms to automate processes, apply advanced tools, and adopt a collaborative approach to reduce costs as well as turnaround times for bespoke chipsets. Semiconductor enterprises need to design chips that are highly reliable and efficient.

Design 52

Design Co-Sourcing Collaborations Analytics 52

NoonDalton

FEBRUARY 27, 2023

The BPO industry has grown to its current size thanks to the wide range of skills that are available for hire and the always rising demand; by 2028, it is predicted to almost quadruple to $492 billion. In the past, outsourcing has been motivated by the need to reduce costs. And here is where BPOs are useful.

BPO 52

BPO Business Process Outsourcing Offshoring Outsourcing 52

Metasource

SEPTEMBER 7, 2022

are working remotely and 73% of teams will have remote employees by 2028. Virtual mailrooms can reduce costs, improve efficiency, reserve storage space, enable remote work, and save you time searching through endless folders. Remote work is becoming increasingly common for businesses. According to Findstack , as of 2022, 58.6%

Out-Tasking 52

Out-Tasking Insurance Reduced Costs Customer Service 52

Automation Anywhere

DECEMBER 9, 2021

billion by 2028, according to a recent report by Grand View Research. The business case for chatbots is that they can enhance the customer experience at a greatly reduced cost when compared to human customer service representatives. Robotic Process Automation (RPA) is being adopted by enterprises worldwide by leaps and bounds.

Robotics Process Automation 98

Robotics Process Automation Out-Tasking Sales Automation 98

NoonDalton

DECEMBER 21, 2022

billion by 2028. It is not surprising that 70% of CEOs cite cost savings as their primary justification for outsourcing. The 2020 Global Outsourcing Survey by Deloitte states that “cost reduction is what drives the decision to outsource globally. Reduced Costs. billion in 2021 and is projected to reach $435.89

Global Outsourcing 52

Global Outsourcing Outsourcing Offshoring Business Process Outsourcing 52

The Scalers

JUNE 1, 2022

Data highlighted by the US Bureau of Labor and Statistics highlights that the need for elite software developers will increase by 21% by 2028 — a statistic that demonstrates that the talent gap is only going to become more restrictive for transformation-minded organisations. Offshoring is an excellent alternative.

Software 90

Software Offshoring Right-Sizing Engineering 90

Magellan Solutions

AUGUST 1, 2022

In addition, many companies providing international business services are including offshoring and outsourcing into their plans to reduce costs across nations. By 2028, IBPAP estimates that there will be roughly 2.5 IBPAP will soon release a roadmap for the industry through 2028. . Source: IBPAP. Key points.

BPO 40

BPO Jobbing Outsourcing E-Commerce 40

Vilmate

OCTOBER 18, 2023

This integration will optimize processes, enhance productivity, reduce costs, and improve service quality. According to research , by 2028, the CPS market capitalization is expected to reach $137,556 million. For comparison, in 2022, the market capitalization was $86,979.6

Manufacturing 52

Manufacturing Healthcare Resource Optimizing Supply Chain Management 52

Capgemini

OCTOBER 28, 2024

Gartner predicts AI will reduce cybersecurity incidents by 40% by 2026 and that investment in combating misinformation will top $500 billion by 2028. Can a shift to managed security services help reduce costs and achieve sustainability goals? How can we be effective remotely in the event of a cybersecurity incident?

Cybersecurity 52

Cybersecurity Efficiency Reduced Costs Operational Costs 52