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Key Software Development Outsourcing Statistics and Trends for 2024

Groove Technology

Enterprise Software Dominates Demand: 7% of outsourced software projects focus on enterprise applications, such as ERP systems, data analytics, and CRM platforms, according to software development statistics from the overall software market. Cost Efficiency: Outsourcing software development offers significant financial benefits.

Software 100
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A Bright Start at COP28: Progress and Pledges for a Sustainable Future with Technology as a Key Enabler | Blog

Everest Group

These industries should leverage AI and IoT-based methane management platforms that track and measure methane emissions and prevent methane leaks using predictive analytics. pipelines, gas meters), using satellite monitoring, analytics, and AI. We see the potential for scaled partnerships with the private sector.

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Navigating COP28: Insights on the Evolving Landscape of Sustainability | Blog

Everest Group

Nothing could underpin the importance more than the fact that the first Global Stocktake (GST) of the implementation of the Paris Agreement will conclude at COP28, the mid-point in the implementation of the 2030 Agenda for Sustainable Development and its SDGs, including Goal 13 (climate action). Products marketed as sustainable now hold a 17.0%

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Unlocking Growth in Semiconductors: Outsourced Semiconductor Assembly and Test (OSAT’s) Pivotal Role and Emerging Opportunities for Service Providers | Blog

Everest Group

Incorporating AI into these processes can enhance predictive analytics and optimize testing protocols, significantly reducing time and costs. Incorporating IoT solutions for instance, can provide real-time data analytics for monitoring production lines, allowing for proactive adjustments and maintenance.

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The Region Aspiring to be the Next AI Innovation Superpower | Blog

Everest Group

However, in alignment with the region’s Vision 2030 of diversifying its economy, Saudi Arabia has all its investments in line to become a pioneer in the AI and gen AI landscape. GAIA (Gen AI Accelerator) was launched in 2023 in collaboration with SDAIA, National Technology Development Program (NTDP), and New Native (a global AI platform).

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The Inevitable Rise and Impact of Digital Engineering

Zinnov

With enterprises prioritizing Data Engineering and Analytics, Cybersecurity, and IOT capabilities, Service Providers (SPs) have a significant opportunity to capitalize on this need. This demand is projected to witness a CAGR of ~16% from 2021 to 2030, to reach a staggering USD 1.3 Tn at the end of the decade.

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A Complete Guide to Outsource Software Development Successfully for Your Projects

Groove Technology

According to a report by Korn Ferry, by 2030, there will be a global talent shortage of more than 85 million people. Establish clear communication channels and implement project management tools to collaborate across different time zones and cultures. Establish overlapping work hours for real-time collaboration.

Software 130