Automation Anywhere

SEPTEMBER 9, 2021

Every time a service truck rolls, the average cost to a telecom company is up to $600 and, in some cases, as high as $1,000 , depending on the location. That includes labor costs, such as service time, overtime, and preparing the truck to roll, and truck/transportation costs, such as maintenance, gas, and wear and tear.

Service 97

Service Robotics Process Automation Out-Tasking Automation 97

Globalization Partners

APRIL 27, 2023

Consequently, this rise in labor costs is often passed onto the consumer via price hikes. Similarly, the German government plans to develop a national AI strategy by 2025 , aiming to convert the country into the world’s leading AI location.

Global Hiring 52

Global Hiring Payroll Government Labor Costs 52

Magellan Solutions

JULY 7, 2021

billion during 2021-2025, progressing at a CAGR (Compound Annual Growth Rate) of over 4% during the forecast period. To enlighten you, here is a comparison of how much it would cost if you hire a US call center agent versus an overseas customer support worker. If there are 10.75 million businesses in the US as of March 2020, 7.31

BPO 52

BPO Jobbing Call Center Business Process Outsourcing 52

Velocity Global

SEPTEMBER 30, 2020

This number is growing by 30,000 every year and should reach 242,000 by 2025. These employer-friendly labor costs, combined with Ukraine’s surplus of talent, make the country an ideal market for companies looking to source overseas talent. Ukraine is home to: Over 190,000 developers. Fintech: Lithuania.

Marketing 52

Marketing Banking Government Labor Costs 52

Automation Anywhere

JULY 22, 2022

Rising costs are another issue. According to a McKinsey report , telecom network costs could double by 2025 as the number of customers and network loads rise. All this can be done without sending technicians out to the tower, saving transportation and labor costs and time as well as boosting network performance.

Robotics Process Automation 80

Robotics Process Automation Out-Tasking Labor Costs Automation 80

CDS

APRIL 6, 2022

According to a 2020 Gartner research report, “By 2025, 85% of infrastructure strategies will integrate on-premises, colocation, cloud and edge delivery options, compared with 20% in 2020.” Getting smart about the support of the environment can also play a role in reducing the labor cost component, the single largest line item.

Service 52

Service Labor Costs Research Managed Services 52

IBM Services

DECEMBER 21, 2023

According to studies quoted by Deloitte , it is estimated that AI and machine learning will contribute to a 37% increase in labor productivity by 2025. A report by Forrester found that businesses that implemented automation were able to reduce operational costs by 25-50%.

Manufacturing 85

Manufacturing Automation Out-Tasking Jobbing 85