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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. found that outsourcing can enable companies to achieve a 15-40% reduction in operating costs.

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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. The past decade has seen some of the largest companies have moved to an insourcing model.