Remove 2030 Remove Collaborations Remove Efficiency Remove Operational Costs
article thumbnail

How foundation models can help make steel and cement production more sustainable

IBM Services

The Paris Agreement on climate change also mandates that these industries will need to reduce annual emissions by 12-16% by 2030. Generative AI , when applied to industrial processes, can improve production yield, reduce quality variability and lower specific energy consumption (thereby reducing operational costs and emissions).

article thumbnail

7 Popular Business Process Outsourcing Trends

Pure Moderation

from 2022 to 2030. Much of the drivers of the business process outsourcing industry’s economic success has to do with organisations putting a primer on improving efficiency, lowering operational costs, and becoming more scalable and agile. In 2021, its market value was USD 245.9 Higher Demand For Automation.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CaixaBank CIO Pere Nebot discusses modernizing business operations for an enhanced, customer-centric experience

IBM Business Partners

With reporting more than 200 billion transactions at the end of 2022, CaixaBank understands how critical it is to scale securely, increase operational efficiency and accelerate time to market to optimize digital banking experiences—all while safeguarding customers’ data.

Banking 49
article thumbnail

BPO Philippines Reshaping The Retail & Banking Industry For 2022

Magellan Solutions

Artificial intelligence and technological advancements will render better management of banking services executed at lower operational costs. On average, a digital bank with decent technological processes is operating at a 10-15% lower cost-to-income ratio as compared to traditional incumbent banks. AI for Data Analytics.

Banking 52