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GCCs also pay over 20% higher compensation on average, compared to Tech Servicescompanies. Global Business Services (GBS) has been a major trend across large companies. Some will incubate the next generation of GBS led by technology, where companies will transform into truly autonomous enterprises.
The macro-environment favors steady long-term focus and growth The Inflation Reduction Act of 2022 puts pressure on companies to reduce drug and device prices in the USA, causing pharma to leverage technology to drive cost efficiencies and maintain margins. For many indications, patients have many pharmaceutical options.
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