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The dynamic global market and growth strategies targeting emerging markets have introduced new considerations for organizations. This evolving landscape prompts a re-evaluation of how services can be optimally delivered. This is where the choice between Shared Services and GlobalBusinessServices (GBS) becomes critical.
Shared Services and Outsourcing Week (SSOW) is the industry’s leading collaborative event that brings together professionals, leaders, and experts from various industries and backgrounds to share their best practices every year. The week featured prize-winning speakers and GlobalBusinessServices giants.
Organizations are also becoming more open to leveraging service providers’ support in their GlobalBusinessServices (GBS)/Shared Services Center (SSC) operations. Service providers are positioning for growth by evolving in these ways: Developing more flexible globalservices delivery and location models.
Over the years, the city has also attracted multiple Fortune 500 giants from aerospace, manufacturing, retail services, pharmaceuticals, and professional services industry verticals. Hyderabad has traditionally been a stronghold for pharmaceutical enterprises. However, the city’s appeal has now expanded beyond this industry.
New business functions in the organization will be incubated and scaled in India, making the country a sandbox of breakthrough innovations. GlobalBusinessServices (GBS) has been a major trend across large companies. India is part of global companies’ China + 1 strategy for manufacturing.
This also includes investments in emerging technologies such as smart automation, advanced analytics, and collaboration tools that enable greater automation. Digital world-class procurement organizations continue to modernize the technology landscape, which explains why their technology cost is 20% greater than that of peers.
Are you entrenched in the ongoing battle between GlobalBusinessServices (GBS) and outsourcing? True to its promise, the panelists addressed hard questions and pushed the boundaries on what BPOs mean to GlobalBusinessServices. Reach out to us to learn more. If so, you will relate to this.
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