Everest Group

APRIL 17, 2023

In fact, cost pressure was ranked as the number one business challenge in our annual key issues survey for 2023. Enterprises expect their GBS organizations to help alleviate some of the cost pressure by reducing operations costs or by doing more with the same, or lower, budget and resources.

Streamline Operations 52

Streamline Operations Shared Services Global Business Services Offshoring 52

Everest Group

JUNE 13, 2023

Additionally, 5G adoption is allowing the transformation of network infrastructure to make it quickly scalable, driving higher levels of customization and lower operating costs. However, the market’s nascency is creating uncertainty and increasing complexities for enterprises.

Engineering 52

Engineering Service Operational Costs Sourcing 52

IBM Services

FEBRUARY 19, 2024

Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics. A supply chain control tower can connect many sources of data-driven information and improve end-to-end visibility.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

Groove Technology

MAY 19, 2024

Effective Cost One of the main factors contributing to the growth of IT outsourcing in the Philippines is the lower cost of labor. The country's comparatively low cost of living results in significantly lower operational costs than those in Western countries.

IT Outsourcing 130

IT Outsourcing Outsourcing Cybersecurity Offshoring 130

Everest Group

MARCH 23, 2022

Challenges Abound – A Global Talent Shortage Compounded by Rising Costs. Based on our report, It’s Not a Talent War; It’s a New Reality – 2022 Key Issues in Global Sourcing, GBS headcount growth is expected to be steady, with average growth moving from 4-5% in 2020 to 8-10% in 2021. We expect an average wage increase of 8.1%

Global Business Services 52

Global Business Services Service Impact Sourcing Sourcing 52

IBM Services

NOVEMBER 29, 2023

In fact, in a survey of 6,700 C-level executives, the IBV found that more than 85% of advanced adopters were able to reduce their operating costs with AI. Additionally, developments in both closed and open source large language models (LLM) are enhancing AI’s ability for understanding plain, natural language.

Automation 90

Automation Analytics Sourcing Operational Costs 90

IBM Services

FEBRUARY 6, 2024

By looking at the source of NXDOMAIN traffic in DNS Insights, the company was also able to identify a Columbia University computer science course as the source of elevated traffic to some legacy domains. What may have appeared to be a DDoS attack was a group of students and professors probing a domain as part of a standard exercise.

Administrative 69

Administrative Sourcing Operational Costs Automation 69

Everest Group

SEPTEMBER 14, 2023

Offering a talented workforce, cost-effectiveness, and infrastructure, the nation is attracting the attention of both providers and customers alike. Discover seven advantages of South Africa and compare its hotspot cities in this blog. Now is the time to capitalize on this alluring market in this rising continent.

Service 69

Service Impact Sourcing Contact Center Outsourcing Government 69

Automation Anywhere

OCTOBER 29, 2020

The Everest Group image shows the Source-to-Pay (SPS) value chain split into two process groups: Source-to-Contact (S2C) and Procure-to-Pay (P2P). In this blog article, we will take a look at one promising process in the “pursue” automation category for procurement—requisition-to-PO—and show how intelligent automation can be applied.

Automation 97

Automation Robotics Process Automation Sourcing Efficiency 97

Pure Moderation

DECEMBER 15, 2022

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. Source: Freepik. Source: Freepik. Source: Freepik. Cloud-Based Services.

Business Process Outsourcing 98

Business Process Outsourcing Outsourcing BPO Out-Tasking 98

IBM Services

MAY 12, 2023

Currently, data centers are a significant source of organizations’ energy usage and carbon emissions. It can also help organizations plan for the future by forecasting how emissions may change as Microsoft moves forward with its mission to power operations through 100% renewable energy sources.

Right-Sizing 78

Right-Sizing Managed Services Design Accounting 78

IBM Services

APRIL 4, 2023

The Red Hat OpenShift implementation allows the clusters to be integrated with the source code so the containers can be seamlessly deployed across three geographic zones. But enterprises that stop short of hybrid cloud mastery can potentially leave deep sources of value out of reach.

Sourcing 55

Sourcing Operational Costs Flexibility Collaborations 55

NoonDalton

APRIL 21, 2023

In this blog post, we will explore some of the benefits of ESG and why it is worth considering for your business. By prioritizing ESG considerations such as resource efficiency, waste reduction, and responsible sourcing, the company can minimize its exposure to these risks and improve its long-term sustainability.

Risk Management 52

Risk Management Risk Management Operational Costs Efficiency 52

IBM Services

SEPTEMBER 20, 2023

Such services can empower citizens and help restore trust in public entities by improving workforce efficiency and reducing operational costs in the public sector. Transparency: An AI system’s ability to include and share information on how it has been designed and developed and what data from which sources have fed the system.

Government 106

Government Cybersecurity Automation Efficiency 106

Groove Technology

JULY 27, 2023

Here are some key advantages: Increased Cost Efficiency By opting for software outsourcing, businesses can significantly reduce operational costs. Offshore development centers in countries with lower labor costs offer competitive rates without compromising quality. Related Blogs Enhance Your Team Capacity with Node.Js

Software 100

Software Outsourcing Right-Sizing Flexibility 100

Hyland

SEPTEMBER 6, 2022

Open source security. What you need to know: Recent headlines about open source software (OSS) vulnerabilities paint open source tools as risky. Tech giants such as Microsoft and Oracle are starting to embrace the importance of open-source coding,” said Borroy. > Love enterprise tech but low on browsing time?

Banking 52

Banking Insurance Sourcing Collaborations 52

SIG Speaks

JULY 1, 2022

Join experts from Workday Strategic Sourcing as they outline how to enable an efficient and collaborative approach to procurement, take control of your spend, simplify contract management, and improve relationships with suppliers. Why Successful Digital Procurement Transformation Needs the Right Operating Model. download the report.

Strategic Sourcing 40

Strategic Sourcing Sourcing Collaborations Research 40

Obobo

JANUARY 10, 2023

In this blog post, we will dive into what a fixed expense is and how it can help your business succeed. Fixed expenses are important to understand because they represent a significant portion of the total costs of running a business. For many businesses, fixed expenses can be 60% or more of total operating costs.

Insurance 40

Insurance Finance Operational Costs Sales 40

SIG Speaks

AUGUST 1, 2022

Join your sourcing, procurement, and risk management colleagues in this two-hour interactive virtual environment to be challenged with topics related to our industries! Prepare yourself and your team for the future of sourcing at the SIG PGlobal Executive Summit October 17-19, 2022! Sourcing Industry Landscape Podcast.

Sourcing 40

Sourcing Research Banking Risk Management 40

Groove Technology

JUNE 2, 2023

With the advent of technology and global connectivity, these services can be sourced from anywhere around the world, enabling businesses to leverage global talent and expertise. Cost Savings: Financial benefits are a significant driver for outsourcing.

Software 130

Software Outsourcing Service Outsourcing Professionals 130

Ivemsa

JULY 31, 2023

The Added Benefit of Working with a Shelter Partner Though each company is different, all manufacturers share one common goal: to reduce operational costs. A shelter has the connections and network in place to quickly source workers needed to fulfill specific roles. Mexico labor rates are significantly lower than in the U.S.

Manufacturing 52

Manufacturing Labor Costs Payroll Administrative 52

The Scalers

JULY 22, 2021

Lower operating costs Access to massive talent pools An opportunity to scale at speed Addressing the common concerns about offshore development Quality Security Culture Hiring offshore developers: where to start? Source: World Economic Forum. Some of them include: Lower operating costs. Source: Glassdoor survey.

Offshoring 56

Offshoring Outsourcing Engineering Operational Costs 56

SIG Speaks

SEPTEMBER 2, 2022

Prepare yourself and your team for the future of sourcing at the SIG PGlobal Executive Summit October 17-19, 2022! . With an ever-changing employment, supply chain, and market landscape, old methods for sourcing and procurement have gone from difficult to impossible—and worse—old and inefficient methods are exposing companies to real risk.

Global Alliances 40

Global Alliances Sourcing Research Operational Costs 40

IBM Business Partners

JULY 25, 2023

Phasor measurement units (PMUs) monitor electrical waves on the electricity grid using a common time source for synchronization. Optimizing your smart grid Smart grid technology has countless benefits, including increased grid efficiency and reliability and easy integration with renewable energy sources.

Cybersecurity 58

Cybersecurity Analytics Automation Sourcing 58

IBM Services

APRIL 25, 2024

This blog outlines some BPR examples that benefit from a BPM methodology. Background of business process reengineering BPR emerged in the early 1990s as a management approach aimed at radically redesigning business operations to achieve business transformation. In all, agents’ pre-and-post-call workloads were reduced by 30%.

Supply Chain Management 60

Supply Chain Management Finance Robotics Process Automation Human Resources 60

Groove Technology

JUNE 15, 2023

Talent Sourcing : The outstaffing company leverages its extensive network and recruitment expertise to identify suitable candidates matching the client's criteria. These companies act as intermediaries, sourcing top-tier talent and assembling dedicated teams to work on clients' development projects.

E-Commerce 130

E-Commerce Flexibility Collaborations Healthcare 130

IBM Business Partners

JUNE 2, 2023

IBM Consulting Cloud Accelerator (ICCA) recommends client journeys without deep engineering knowledge, covering execution and modernization steps that take a workload from a source to a cloud destination. Learn more about AWS Consulting Services The post Modernizing child support enforcement with IBM and AWS appeared first on IBM Blog.

Co-Sourcing 84

Co-Sourcing Automation Flexibility Collaborations 84

Offshore India Data Entry

MAY 21, 2024

Predictive maintenance uses AI to monitor equipment health and predict failures before they occur, reducing downtime and maintenance costs. AI’s Contribution to Cost Reduction and ROI AI can significantly contribute to cost reduction and improve the return on investment (ROI) for BPO companies.By

BPO 105

BPO Offshoring Data Entry Out-Tasking 105

IBM Services

JANUARY 18, 2024

” With so many sources of information available to customers and so many buying options, your customers might not wait for answers. Explore IBM watsonx™ Assistant The post Unlocking the power of chatbots: Key benefits for businesses and customers appeared first on IBM Blog.

E-Commerce 93

E-Commerce Sales Customer Service Insurance 93

ScaleHub

DECEMBER 6, 2021

In a previous blog post , we discussed how ScaleHub’s crowdsourcing solution can be configured to work with a variety of crowds. Private —secure crowds we configure when you want to only source contributors from within a specific region, workforce (including your own), or a contractor’s workforce. The result? Instant scalability.

BPO 52

BPO Insurance Regulations Government 52

IBM Business Partners

JULY 19, 2023

In this blog post, we will showcase how IBM Consulting is partnering with AWS and leveraging Large Language Models (LLMs), on IBM Consulting’s generative AI-Automation platform (ATOM), to create industry-aware, life sciences domain-trained foundation models to generate first drafts of the narrative documents, with an aim to assist human teams.

Co-Sourcing 62

Co-Sourcing Regulations Human Resources Manufacturing 62

Everest Group

MARCH 23, 2023

Impact sourcing can transform individual lives, create diverse and inclusive workforces for employers, and deliver economic benefits to entire communities. Why is impact sourcing so critical today? The impact sourcing ecosystem plays a critical role in helping these individuals. What is impact sourcing?

Impact Sourcing 52

Impact Sourcing Sourcing Co-Sourcing Government 52

Automation Anywhere

OCTOBER 27, 2020

In this blog article, we will take a look at one promising process in the “pursue” automation category for financial institutions—KYC/AML compliance—and show how intelligent automation can be applied. These lower-priority processes can be automated when budget/resource capacity allows for it. Ignore them.

Retail 98

Retail Banking Automation Robotics Process Automation 98

Premier BPO

AUGUST 20, 2022

If you want a partner rather than a vendor , then consider offshoring with a co-sourcing partner (proactive, consultative, value-added relationship). Ask these important questions; Do you need to reduce operational costs (what specifically is your cost driver) Are you looking to improve quality (how do you measure it)?

Outsourcing 52

Outsourcing Co-Sourcing BPO Offshoring 52

Ivemsa

MAY 24, 2023

Though, despite improvements, manufacturing still requires skilled labor which accounts for a high percentage of the total operational costs. Therefore, it’s no surprise that meeting budgetary needs is largely driven by reducing labor costs. A shelter can help you save in all areas of production, including labor costs.

Labor Costs 52

Labor Costs Manufacturing Nearshoring Healthcare 52

IBM Business Partners

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. What is a digital twin?

Regulations 55

Regulations Efficiency Analytics Design 55

The Scalers

SEPTEMBER 15, 2021

After all, given the acute shortage of engineering talent in Western Europe and the USA, sourcing candidates, interviewing them, and finally getting them on board can take months — precious time that you can’t afford to lose. This automatically means that businesses can reduce their operational costs. Source: McKinsey.

Offshoring 68

Offshoring Engineering Software Out-Tasking 68