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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.
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.
Setups of GlobalBusinessServices centers increase in India and China, providing evidence of post-COVID economic recovery. In its latest quarterly report on the global outsourcing industry, Everest Group revealed outsourcing demand held steady from Q3 to Q4 2021, with 404 transactions reported in each quarter.
This year’s event was held from March 23 rd to 26 th under the theme of “Leading Shared Services into the Future”. The week featured prize-winning speakers and GlobalBusinessServices giants. Premier BPO was a sponsor at the event and showcased at booth #108.
Change management is essential for any GlobalBusinessServices (GBS) organization, yet it is also one of the more challenging feats to grasp and implement. By segment, banking financial services (BFS) and life sciences GBS organizations incorporate change management in business transformation.
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.
The ForeSight implementation was enterprise-wide, encompassing commercial sales force effectiveness, financial transformation, machine learning-based financial forecasting, advanced human resource analytics, manufacturing production line analysis and manufacturing line operational reporting.
In fact, 86% and 77% of services organizations and manufacturing organizations, respectively, are currently expanding or planning to expand data sources for risk data and supply/market intelligence. Cloud-based modern architecture. The model will shift from predominantly functionally aligned resources (i.e.,
But with automation becoming more pervasive and strategic, IT leaders are jointly owning automation charters along with the business. Additionally, with business and corporate functions being consolidated into GBS (GlobalBusinessServices), there is a renewed focus on process reimagination and technology infusion.
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