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Key Software Development Outsourcing Statistics and Trends for 2024

Groove Technology

Projected Growth: The global AI and ML outsourcing market is expected to grow at a 33% CAGR, with increased demand for machine learning models in e-commerce, healthcare, and finance. This trend is expected to grow as RPA technology becomes integral to automating repetitive tasks and improving operational efficiency.

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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. Exploring the definitions and distinctions between BPM and BPO illustrates how RPA makes these vital processes much better.

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What Is Hyperautomation?

Automation Anywhere

A top trend Gartner has listed hyperautomation as one of the top strategic technology trends for 2020 and 2021 , predicting it will play a significant role in the years ahead to help lower organizations’ operating costs. How does hyperautomation differ from other types of automation, in particular intelligent automation?

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Your Guide to Business Process Automation (BPA)

Metasource

BPA solutions typically consist of document capture , workflow automation , and robotic process automation (RPA) software. Document capture software efficiently extracts critical information from documents during the scanning process and passes it off to the correct system for electronic storage. Human Resources.

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BPO Trends for 2025: The Future of Outsourcing

NoonDalton

Robotic Process Automation (RPA) Robotic Process Automation (RPA) is revolutionizing back-office operations like data entry, invoice processing, and payroll management. In 2025, BPO providers will expand the use of RPA to ensure greater accuracy and efficiency in these processes.

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The Resilience of the BPO Industry During Economic Crisis

NoonDalton

KPOs and Technological Influence: A New Age in Outsourcing The industry didn’t stop at simple outsourcing services; it transitioned into Knowledge Process Outsourcing (KPO), delivering value-added, domain-specific expertise in areas like legal services, healthcare consulting, and financial analysis.

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Combining Intelligent Automation Techniques for Strategic Digital Transformation

SIG Speaks

When properly implemented, an organization can achieve many benefits by using IPA, such as reducing operating costs, enhancing the customer experience, reducing risk, or improving compliance adherence. . First, Robotic Process Automation, or RPA, is a tactical approach to beginning a transformative intelligent automation journey.