Everest Group

MARCH 23, 2023

Capital Markets Operations – Services PEAK Matrix® Assessment The capital markets operations landscape is rapidly evolving as enterprises strive to meet the demands of a new generation of customers, reduce cost pressures in a recessionary environment, and adhere to regulatory changes.

Marketing 98

Marketing Robotics Process Automation Service Insurance 98

IBM Services

DECEMBER 1, 2023

A hybrid multicloud approach combined with best-in-class security and compliance control features (such as controls IBM Cloud® is enabling for regulated industries) offers a compelling value proposition to large insurers in all geographies. Sign up for a free trial to put watsonx.ai

Insurance 103

Insurance Automation Regulations Reduced Costs 103

Perficient Digital Transformation

NOVEMBER 1, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Cybersecurity Banking 52

Groove Technology

JUNE 12, 2023

This includes complying with local tax laws, setting up payroll systems, and providing benefits in accordance with local regulations. Employment Laws and Regulations Employment laws and regulations vary from country to country, and it's important to comply with them when hiring remote software developers.

Software 130

Software Payroll Jobbing Regulations 130

Groove Technology

SEPTEMBER 26, 2024

Key concerns include: Data breaches Intellectual property theft Compliance issues with data protection regulations (e.g., encryption, access controls) Compliance with relevant data protection regulations (GDPR, CCPA, etc.) Are there unique challenges in outsourcing for highly regulated industries like healthcare or finance?

Software 130

Software Outsourcing Healthcare Offshoring 130

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 59

Management Healthcare Robotics Process Automation Analytics 59

Groove Technology

JUNE 21, 2023

Offshore software development has become increasingly popular in the digital era, offering businesses the opportunity to access a global talent pool while reducing costs. Offshore development centers equipped with advanced technology frameworks may charge higher rates to cover the associated infrastructure costs.

Offshoring 130

Offshoring Software Labor Costs Collaborations 130

Everest Group

MARCH 23, 2023

Capital Markets Operations – Services PEAK Matrix® Assessment The capital markets operations landscape is rapidly evolving as enterprises strive to meet the demands of a new generation of customers, reduce cost pressures in a recessionary environment, and adhere to regulatory changes.

Marketing 86

Marketing Robotics Process Automation Service Insurance 86

IBM Services

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Finance 87

Finance Banking Regulations Advisory 87

Everest Group

MARCH 24, 2023

The focus on rapid growth would take a backseat as enterprises pivot their attention to reducing costs and improving profitability. In our next blog, we will look at the future state of the wealth management industry and provide a technology architecture blueprint for this space.

Management 52

Management Advisory Government Insurance 52

Amzur

AUGUST 27, 2024

By combining these technologies, healthcare organizations can accelerate drug development, reduce costs, and improve patient outcomes. This blog explores how low-code and AI can be leveraged to optimize various stages of clinical trials, from protocol development to data analysis and patient engagement.

Healthcare 75

Healthcare Automation Pharmaceuticals Reduced Costs 75

IBM Services

NOVEMBER 8, 2023

Though the rule doesn’t go into effect until January 2026, companies must proactively and strategically prepare their supply chain now, as this complex regulation will require companies to collect and maintain detailed information about the ingredients, processing and distribution of certain products.

Inventory Management 111

Inventory Management Collaborations Right-Sizing Regulations 111

Perficient Digital Transformation

MARCH 7, 2022

Adding multi-shore resources to your digital project teams bolsters innovation, increases speed to market, and significantly reduces costs. For example, certain industries must comply with additional federal regulations for security and privacy. Tailoring an Optimized Global Delivery Model to your Organization.

Nearshoring 78

Nearshoring Offshoring Regulations Reduced Costs 78

Amzur

SEPTEMBER 17, 2024

By leveraging low-code, healthcare organizations can accelerate development cycles, reduce costs, and increase agility in response to evolving patient needs. Ensure Security and Privacy : Implement robust security measures to protect patient data and comply with regulations like HIPAA.

Healthcare 91

Healthcare Right-Sizing Reduced Costs Flexibility 91

IBM Services

FEBRUARY 15, 2024

Since its deployment, the field has already seen the amount of time spent on administrative work reduced considerably. Kubota plans to reduce not only the amount of electricity, but also the use of various chemicals and consumables used to operate the plant. This will reduce costs by being more efficient on their data.

Reduced Costs 62

Reduced Costs Administrative Regulations Efficiency 62

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. Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. Read on to learn more.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

IBM Services

JANUARY 30, 2024

Healthcare: Support telemedicine and patient data analytics, requiring stringent compliance regulations. Manufacturing: Enable efficient and intelligent manufacturing processes to better scale production, reduce downtime and optimize strategies and operations.

E-Commerce 77

E-Commerce Manufacturing Analytics Flexibility 77

IBM Services

MAY 9, 2024

For starters, healthcare organizations constantly encounter vast (and ever-increasing) amounts of highly regulated personal data. Healthcare organizations must adhere to data privacy regulations like HIPAA and GDPR. The healthcare industry faces arguably the highest stakes when it comes to data governance.

Government 71

Government Healthcare Regulations Insurance 71

Globalization Partners

MARCH 10, 2022

In this blog, we’ll explain the different organizational strategies and challenges these approaches entail. As remote-first companies have dispersed teams, HR departments must deal with international tax, compliance, and legal regulations — which is an added challenge for this working model.

Reduced Costs 98

Reduced Costs Flexibility Out-Tasking Jobbing 98

Groove Technology

JULY 3, 2023

Offshore outsourcing has emerged as a game-changer for businesses Understanding Offshore Outsourcing Services: Powering Business Success Offshore outsourcing services have revolutionized the way businesses operate, allowing them to access specialized skills, reduce costs, and focus on core competencies.

Offshoring 100

Offshoring Outsourcing Data Entry Reduced Overhead 100

IBM Services

APRIL 11, 2024

Moreover, the OECD places legally enforceable AI regulations and standards in a separate category from the initiatives mentioned earlier, in which it lists an additional 337 initiatives. They identify international coordination and safety regulation as critical to preventing risks related to an “AI race.”

Government 77

Government Regulations Accounting Cybersecurity 77

Sourcing Captain

AUGUST 15, 2023

They have a deep understanding of local markets, regulations, and industry trends. This efficiency allows them to reduce costs and pass on those savings to their clients through lower commission rates. Furthermore, China sourcing companies have extensive experience and expertise in managing complex projects.

Sourcing 130

Sourcing Supply Chain Management Manufacturing Collaborations 130

Groove Technology

OCTOBER 1, 2024

Conclusion Outsourcing offers diverse opportunities for businesses to optimize operations, reduce costs, and access specialized expertise. A Deloitte study found that 59% of companies consider onshore outsourcing for certain functions.

Software 130

Software Outsourcing Nearshoring Offshoring 130

Perficient Digital Transformation

DECEMBER 22, 2023

This blog was co-authored by: Ashley Simmons In conversations with financial services executives, Perficient consultants consistently delve into the application and usage of artificial intelligence (AI) within the industry. A pivotal aspect of this conversation revolves around the regulatory perspective toward AI.

Banking 52

Banking Risk Management Risk Management Cybersecurity 52

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. Enterprises are investing in Regulatory Technologies (RegTech) to manage compliance efficiently across global regulations.

Marketing 52

Marketing Service Cybersecurity Banking 52

Automation Anywhere

JUNE 3, 2022

Indirect costs can be loss or reputation and brand value, which are just as serious as direct ones, as most of today’s buyers (53%) rate quality as the most important factor when making purchases (price is just 38%). Wait until failure occurs in either internal or (worse) external stages, and the costs will mount exponentially.

Manufacturing 86

Manufacturing Robotics Process Automation Automation Reduced Costs 86

Groove Technology

SEPTEMBER 26, 2024

This model is particularly popular among companies looking to reduce costs while dramatically accessing a vast talent pool. This model prioritizes ease of communication and cultural alignment over cost savings. Additionally, it allows for a 24/7 development cycle, potentially accelerating project timelines.

Software 130

Software Outsourcing Offshoring Nearshoring 130

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 Enhanced compliance capabilities: Many successful businesses operate in heavily regulated sectors like healthcare and personal finance.

Right-Sizing 100

Right-Sizing Regulations Cybersecurity Software 100

Groove Technology

AUGUST 1, 2022

Global trade regulations that are constantly changing also force supply chains to innovate to keep up, often by investing in a transportation management system. The temperature can be monitored throughout the supply chain with cold chain management, with real-time information provided to the business and regulators in the country of origin.

Software 130

Software Supply Chain Management Automation Manufacturing 130

Offshore India Data Entry

APRIL 19, 2024

Outsourcing has revolutionized the way businesses operate, offering a strategic solution to streamline processes, reduce costs, and boost efficiency. Improved Compliance : BPO providers are well-versed in industry regulations and compliance requirements. But, is Business Process Outsourcing (BPO) right for your business?

Business Process Outsourcing 98

Business Process Outsourcing Outsourcing BPO Data Entry 98

Velocity Global

APRIL 28, 2023

Organizations can adapt new technologies and equipment processes for competitive innovation and cost-cutting strategies domestically and abroad. Reduce Costs of Doing Business The global marketplace offers cost savings relative to a company’s domestic market.

Payroll 97

Payroll Regulations Marketing Reduced Costs 97

Offshore India Data Entry

AUGUST 17, 2023

Scales down – Easily reduce costs by cutting back outsourcer use versus layoffs, severance, etc. The outsourcing model converts fixed formatting overheads into a flexible, scalable variable cost providing greater budget efficiency. Downsizing – Easily reduce resources as business needs or budgets contract.

Outsourcing 98

Outsourcing Service BPO Offshoring 98

Groove Technology

FEBRUARY 9, 2023

This creates both opportunities and challenges for retailers, who must find ways to leverage data to provide more personalized and seamless experiences while ensuring compliance with privacy regulations and addressing cybersecurity concerns.

Retail 130

Retail Sales Sourcing Cybersecurity 130

Intugo

JUNE 2, 2023

Because of this fact, this blog post will delve into some critical benefits of strategies for software development when companies nearshore their work with the right partner. If you want to reduce costs and positively impact the project, access to Intugo’s rigorous contracting processes is crucial. Mexico is such a country.

Nearshoring 52

Nearshoring Software Reduced Costs Out-Tasking 52

Accenture Insurance

NOVEMBER 20, 2014

Low interest rates, increased competition, sales channel pressures, legacy technology and proliferating regulations are all putting insurers under pressure to reduce costs and increase operating efficiencies.

Insurance 40

Insurance Shared Services Finance Reduced Costs 40

Groove Technology

MAY 25, 2023

With MuleSoft, businesses can streamline their operations, reduce costs, and improve efficiency by seamlessly integrating their data and applications. It’s important to ensure that data is protected and compliant with relevant regulations and standards.

Management 100

Management Supply Chain Management Sourcing Collaborations 100

Obobo

FEBRUARY 13, 2023

Through offshoring, employers are able to reduce costs and enhance their competitive market position. This blog post will explore these risks and provide guidance to employers on how to identify and mitigate them. For many companies, offshoring enables them to reduce costs and increase their competitive market position.

Offshoring 40

Offshoring Reduced Costs Regulations Manufacturing 40