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Hackett Research: Inflation, Geopolitical Unrest, Other Factors Drive Up Operational Costs of Finance for the First Time in Decades

The Hackett Group

Miami, FL — July 13, 2023 — For the first time in decades, most finance organizations experienced a significant increase in operating costs in 2023, driven by inflationary pressures, geopolitical unrest and other uncertainty factors, according to new research from The Hackett Group , Inc. NASDAQ: HCKT).

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How to Reduce Software Development Costs: Proven Strategies for Cost Optimization

Groove Technology

Outsourcing has emerged as an effective solution, helping businesses save significantly on costs through access to cheap human resources, reducing operating costs and increasing work efficiency. According to a study by Deloitte, companies can save up to 60% of operating costs through outsourcing.

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How GBS Organizations Can Help CEOs with Cost Optimization and Future-proofing Their Talent Strategy | Blog

Everest Group

In today’s rapidly changing business landscape, enterprise CEOs face unprecedented organizational pressure to cut spending across technology, operations, and talent. In fact, cost pressure was ranked as the number one business challenge in our annual key issues survey for 2023.

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Understanding the Different Types of Outsourcing for Custom Software Development

Groove Technology

Custom software development outsourcing offers a flexible and cost-effective solution to these challenges. Conclusion Outsourcing offers diverse opportunities for businesses to optimize operations, reduce costs, and access specialized expertise. According to Beroe Inc., trillion by 2023.

Software 130
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BPM vs. BPO and How RPA Helps Both

Automation Anywhere

Both BPM and BPO are considerably improved by Robotic Process Automation (RPA), which reduces costs, improves operations, and maximizes productivity. Bots can also greatly reduce operational costs since the Digital Workforce they create shortens time to value while enabling organizations to do more with fewer resources.

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In-House vs Outsourcing Software Development: Which is Better for Your team

Groove Technology

This allows companies to adjust their spending based on project requirements without the fixed costs of in-house staff. Access to Global Talent and Specialization Outsourcing companies often have large networks of developers specializing in various fields, from web design to AI and mobile app development.

Software 100
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Professional Node.Js Development Outsourcing Services at Groove Technology

Groove Technology

By partnering with us, you can access global talent, reduce costs, and ensure your project is handled with the highest level of expertise and care. is built on an event-driven architecture, which is designed to handle multiple connections simultaneously. can cost between $100,000 to $150,000 per year, including benefits.