Remove Banking Remove Operational Costs Remove Outsourcing Remove Reduced Overhead
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5 Strategies to Recession-Proof Your Business

Metasource

The answer differs based on who you ask, but according to a Bloomberg survey of economists , the recent interest rate hikes by the Federal Reserve along with the current banking crisis have greatly increased the odds. You may also want to consider outsourcing some of your business processes to trusted partners. Is a recession coming?

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Insourcing: Making Inroads Into Capability Building

Zinnov

To name a few, around 2016, pharma giant AstraZeneca insourced the majority of its IT functions, saving USD 350 Mn annually, and by 2019, banking giant DBS had insourced over 90% of its overall IT functions. Out of these, 77% of the companies have insourced previously outsourced IT functions. Ratio of Insourcing to Outsourcing.