Perficient Digital Transformation

DECEMBER 18, 2023

This blog post delves into the pivotal role these practices play in ensuring the stability and success of financial institutions and banks. Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. The Role of Regulatory Risk and Compliance 1.

Regulations 111

Regulations Cybersecurity Banking Insurance 111

Everest Group

JULY 23, 2024

This blog explores how effective third-party risk management (TPRM) is crucial for identifying, analyzing, and controlling these risks, ensuring protection against potential breaches and vulnerabilities. While outsourcing to third parties can help organizations enhance operations efficiently, it also introduces the risk of security breaches.

Risk Management 147

Risk Management Risk Management Management Right-Sizing 147

Everest Group

DECEMBER 11, 2023

Our Everest Group team is pleased to share their analysis of positive developments from the first two days of COP28, with a specific focus on the global technology and tech services industries, in this blog. Regan, Administrator of the EPA, announced groundbreaking regulations aimed at addressing leaks of greenhouse gases (GHGs) like methane.

Regulations 162

Regulations Collaborations Accounting Analytics 162

Everest Group

JULY 13, 2023

New regulations and standards, such as ISO 20022, are paving the way for faster and more efficient payments. The increasing prevalence of digital payments and the consumer demand for seamless instant transactions are driving the adoption of real-time payments systems.

Service 246

Service Banking Insurance Healthcare 246

Everest Group

AUGUST 14, 2024

Regulatory compliance – With stricter regulations, the due diligence required before making investments has become more complex and thorough. Digital transformation is enabling PE firms to improve operational efficiency, enhance decision-making, and drive value creation.

Collaborations 162

Collaborations Advisory Regulations Marketing 162

Everest Group

OCTOBER 11, 2022

A combination of government regulation and market forces has created a growing demand for open financial data to build an expanded provider ecosystem beyond banks and financial institutions to also include non-financial platforms, FinTechs, and payment facilitators. Read on for more on our latest open banking research. .

Banking 147

Banking Finance Research Accounting 147

Premier BPO

JULY 12, 2024

3 Unfortunately, the healthcare industry hasn’t been able to leverage the full potential of these AI-powered tools that have the potential to enhance customer experience, bring cost savings, boost efficiency, and bring accessibility to healthcare services. Transforming healthcare with AI: The impact on the workforce and organizations 4.

Healthcare 130

Healthcare Efficiency BPO Insurance 130

Everest Group

SEPTEMBER 12, 2024

Enterprises must navigate a maze of industry-specific regulations and regional laws that directly impact data procurement and model training. Enterprises need to actively monitor the origins of input data to ensure it has been legally procured.

BPO 130

BPO Sourcing Business Process Outsourcing Outsourcing 130

Everest Group

JUNE 16, 2023

Despite challenges and regulations, the life sciences industry is actively exploring GAI’s possibilities. Although GAI can potentially disrupt the life sciences technology ecosystem in many significant ways, navigating the various risks and challenges that come with its implementation in this highly regulated industry will be critical.

Pharmaceuticals 130

Pharmaceuticals Co-Sourcing Regulations Sales 130

Everest Group

FEBRUARY 6, 2024

Cultural changes needed for gen AI adoption Governance, security, and compliance For gen AI consulting providers, navigating governance, security, and compliance is a multi-faceted challenge in a domain where innovation often outstrips regulation. This can provide data-driven insights into the effectiveness of gen AI solutions.

Government 173

Government Out-Tasking Automation Software 173

Everest Group

SEPTEMBER 14, 2023

Uncover the risks and learn recommendations to address them in this blog. In the last decade, cloud has risen to immense importance across all geographies and verticals, offering enterprises numerous benefits such as scalability, agility, and cost efficiency.

Government 162

Government Finance Risk Management Risk Management 162

Premier BPO

OCTOBER 1, 2024

A well-structured database management system helps one make sense of this data: it filters out the noise and extracts what is essential by ensuring that data is stored, accessed, and used efficiently. Investment in a tech-enabled partnership ensures efficient data retrieval and maintains data security to support innovation and compliance.

Management 240

Management BPO Co-Sourcing Government 240

Everest Group

APRIL 10, 2024

These innovations streamline operations, reduce costs, and improve efficiency, ultimately enhancing profitability margins. While multiple drivers beyond labor shortages are pushing providers to outsource, a few factors stand out.

Management 147

Management Healthcare Robotics Process Automation Analytics 147

Everest Group

AUGUST 25, 2023

Our survey of procurement professionals found the technology holds great potential to transform spend analytics and cost optimization while increasing efficiency and saving time. Almost all the procurement professionals surveyed stated that increased efficiency of procurement processes is seen as the major benefit of using GAI in procurement.

Analytics 130

Analytics Sourcing Out-Tasking Efficiency 130

Everest Group

NOVEMBER 23, 2023

Learn the key questions stakeholders should ask when evaluating their AWS cloud strategy in this blog. To achieve their goals through AWS, enterprises need to consider strategic alignment, cost optimization, technical implementation, organizational readiness, and continuous improvement.

Government 147

Government Analytics Research Service 147

Everest Group

DECEMBER 7, 2021

By freeing data from silos, healthcare interoperability can promote greater information exchange between patients, payers, and providers – leading to more efficient care coordination. With the ever-evolving regulatory environment and technology landscape, it will be interesting to watch enterprises adopt these regulations.

Healthcare 130

Healthcare Regulations Analytics Sourcing 130

Everest Group

JUNE 28, 2023

Desktop Infrastructure Transformation (DIT) has emerged as an attractive solution to combat these market disruptions because of its ability to optimize costs, empower users, and enhance IT efficiency. In this blog, we’ll explore how DIT can help the BFSI industry tackle pressing issues.

Banking 130

Banking Cybersecurity Insurance Analytics 130

Everest Group

DECEMBER 19, 2022

Learn how to achieve personalization at scale in the second blog in our series. . In our previous blog, The Rising Role of Customer Data Platforms in Data-driven Personalization, we explored the factors driving CDP’s fast growth of 25 percent in 2022. Seizing opportunities in this growing market can set brands apart.

Right-Sizing 130

Right-Sizing Sourcing Analytics Marketing 130

Everest Group

JANUARY 6, 2023

Learn about the OT security concerns enterprises face and key considerations for selecting an OT security provider in this blog. . Oil and gas – Digitizing operations for improved efficiency has increased the attack surface and has made this area more vulnerable to threats. Operational technology systems key challenges.

Energy & Utilities 130

Energy & Utilities Cybersecurity Manufacturing Regulations 130

Everest Group

JULY 4, 2024

With increasing customer preferences for environmentally friendly products and evolving government regulations, retail and consumer packaged goods (RCPG) enterprises are being compelled to embrace sustainable practices. These systems enhance operational efficiency by automating data collection and reporting processes.

Retail 147

Retail Inventory Management Analytics Sourcing 147

Everest Group

MARCH 10, 2023

The recession may be a short-term phenomenon, but it clearly presents enterprises an opportunity to re-examine their current T&S practices and determine how to do the work more efficiently over the long term. This is a move that can unlock Artificial Intelligence (AI)-human synergies and lead to further cost and process efficiencies.

Regulations 147

Regulations Offshoring Research Out-Tasking 147

Everest Group

JUNE 22, 2023

This blog explores the profound implications of GAI in digital transformation consulting, highlighting opportunities and addressing ethical and regulatory considerations. To learn about use cases and the potential of GAI technology watch our webinar, Welcoming the AI Summer: How Generative AI is Transforming Experiences.

Business Development 130

Business Development Sourcing Efficiency Regulations 130

Everest Group

FEBRUARY 23, 2023

With Australia facing a looming recession, outsourcing is emerging as a solution for banks and financial institutions to navigate economic uncertainty, improve efficiency, and find expert talent. With stringent regulations, pre-existing products must be modified to meet each financial enterprise’s specific size and sector requirements.

Banking 130

Banking Outsourcing Marketing Regulations 130

Everest Group

JANUARY 12, 2024

Central banks wield the reins with CBDCs, ensuring strict regulations and government backing. Similarly, UBS launched a three-year senior bond on Distributed Ledger Technology (DLT) through SIX Digital Exchange, showcasing the potential for efficient and secure bond issuance.

Banking 162

Banking Insurance Retail Collaborations 162

Everest Group

MARCH 17, 2023

With five key transformation levers described in this blog, MGAs can overcome challenges and unlock a wave of unprecedented sustainable growth. MGAs are moderately capital efficient due to low setup cost, no legacy platform burden, quick monetization opportunity, and lean team setup.

Insurance 130

Insurance Robotics Process Automation Risk Management Risk Management 130

Groove Technology

JANUARY 15, 2025

For Java developers, this innovation translates into: Increased Efficiency: AI-driven solutions handle routine coding, enabling developers to tackle intricate challenges and foster innovation. Performance Optimization Suggestions : It provides actionable recommendations to enhance code performance and efficiency.

Automation 130

Automation Software Analytics E-Commerce 130

Everest Group

FEBRUARY 26, 2024

If the Capital One merger clears antitrust regulations, the combined entity would become the sixth-largest US bank by assets and a leading card issuer and network provider for the US payments market. Operationally, underwriting, efficiency, risk management, and compliance enhancements will drive data and technology investments.

Banking 147

Banking Risk Management Risk Management Marketing 147

Frevvo

NOVEMBER 30, 2021

However, these processes can become inefficient or redundant for various reasons — new industry regulations, increased market demands, changing customer expectations, etc. Achieving process efficiency helps your company meet these challenges. So how can you make your processes more efficient? What Is Process Efficiency?

Efficiency 98

Efficiency Automation Data Entry Out-Tasking 98

Everest Group

NOVEMBER 27, 2023

In recent years, ServiceNow has significantly expanded its portfolio to move beyond IT Service Management (ITSM) and IT Operations Management (ITOM) to offer comprehensive enterprise solutions that help clients drive business growth, improve employee efficiency and productivity, increase resilience, and enhance customer experience.

Right-Sizing 130

Right-Sizing Flexibility Managed Services Research 130

Everest Group

NOVEMBER 27, 2023

In recent years, ServiceNow has significantly expanded its portfolio to move beyond IT Service Management (ITSM) and IT Operations Management (ITOM) to offer comprehensive enterprise solutions that help clients drive business growth, improve employee efficiency and productivity, increase resilience, and enhance customer experience.

Right-Sizing 130

Right-Sizing Flexibility Managed Services Research 130

Everest Group

MAY 8, 2023

It can play a defining role in bringing efficiencies in security operations and scaling talent readiness. Aggravated by the ever-changing and never-ending regulations, the C-suite is in the middle of cybersecurity action, and cybersecurity providers must focus on boardrooms for budget approvals.

Cybersecurity 130

Cybersecurity Regulations Management Software 130

Everest Group

MAY 9, 2024

Generative AI (gen AI) presents a crucial solution, enabling rapid product innovation and enhanced operational efficiency. What are the key business, technology, and sourcing implications of different regulations in North America and Europe around gen AI? What is the impact realized from the adoption of gen AI? Who should attend?

Retail 147

Retail BPO Regulations Sourcing 147

Everest Group

MARCH 11, 2024

Key priorities also involve fortifying data security, ensuring compliance, and automating manual processes to enhance overall efficiency. Consumer Packaged Goods (CPG) IT Services PEAK Matrix® Assessment 2024 What is in this PEAK Matrix® Report In this report, we assess 23 providers featured on the CPG IT Services PEAK Matrix®.

Service 147

Service Retail Manufacturing Banking 147

IBM Services

MAY 8, 2024

For those in even the most highly regulated industries, we have seen these challenges continue to grow as they navigate changing regulations. A hybrid cloud approach with IBM is designed to: Enable the medical center to access cloud services securely and efficiently. Enable data sovereignty.

Regulations 66

Regulations Healthcare Government Design 66

Groove Technology

MARCH 29, 2023

A major challenge faced by many organizations is the integration of their legacy systems with modern technologies to maximize efficiency and cost savings. This can lead to increased efficiency and productivity, as employees spend less time on manual tasks and more time on value-added activities.

Efficiency 100

Efficiency E-Commerce Supply Chain Management Retail 100

Premier BPO

JUNE 7, 2024

With experienced external partners, your business can unlock best practices that streamline your processes for improved efficiency, scalability, and exceptional customer service. The Solution Premier BPO thoroughly analyzed the client’s needs and existing workflows to identify opportunities to streamline processes and improve efficiency.

Outsourcing 244

Outsourcing Co-Sourcing BPO Operational Costs 244

Everest Group

NOVEMBER 30, 2023

They are investing in numerous avenues, such as providing data-driven insights for manufacturing patient-friendly devices, enhancing their advanced analytics capabilities for supply chain efficiencies, ensuring constant and timely adherence to changing regulations, and developing effective launch strategies amid the competitive environment.

Manufacturing 162

Manufacturing Regulations Analytics Marketing 162