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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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Hackett: Procurement Operating Costs Increase For the First Time in a Decade

The Hackett Group

Despite increases in year-on-year operating costs, Digital World Class procurement organizations excel at cost optimization compared to typical organizations, The Hackett Group ® found. They now operate at 21% lower cost than their peers and have 32% fewer staff. Digital World Class Procurement Orgs Drive 2.4X

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How Speech Analytics Improve Offshore Call Center Services

Magellan Solutions

Offshore Call Center Services Uses Speech Analytics to Improve Customer Journey. For an outsourced call center services, this could mean use of technologies such as AI or in this case speech analytics. For an outsourced call center services, this could mean use of technologies such as AI or in this case speech analytics.

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It’s Time To Update Your Data Lake Ingestion Strategy

Perficient Digital Transformation

So, if organizations can have real-time data in the data lake, organizations can reduce data ingestion operational costs and organizations can do this all without increasing load on operational systems then it seems to me the path is clear.

Analytics 115
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RPA and AI In Action: Business Automation Redefined

Amzur

In today’s hyper-competitive landscape, streamlining operations and maximizing efficiency are paramount for CIOs. Both RPA and AI technologies benefit businesses, including reduced operational costs and improved accuracy, and they can free up human employees to focus on more strategic tasks.

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Why Use Help Desk Software – Every Business Needs To Know

31 West

Reduced Operational Cost. Reduced Operational Cost. This helps to save on the costs that would have been used in employing people to do the same job. Reporting and analytics: Reporting and analytics give you insight into your team’s performance. Enterprise Help Desk Software. Conclusion.

Software 130
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AI driving a revolutionary new frontier in semiconductor manufacturing

Infosys Consulting

This foresight enables predictive maintenance, significantly reducing downtime and extending the lifespan of critical manufacturing assets, resulting in lower operational costs, fewer number of equipment replacements, and a more robust and resilient production line.