IBM Services

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. This blog outlines some BPR examples that benefit from a BPM methodology.

Supply Chain Management 60

Supply Chain Management Finance Robotics Process Automation Human Resources 60

Offshore India Data Entry

OCTOBER 29, 2023

These advanced technologies are enabling BPO companies to unlock unprecedented levels of efficiency and productivity. Natural language processing (NLP) techniques further enhance the capacity to structure unstructured data efficiently. Studies indicate that AI automation can reduce business process costs by about 20–30%.

BPO 64

BPO Automation Data Entry Business Process Outsourcing 64

Groove Technology

FEBRUARY 8, 2022

With remote working becoming the new normal, businesses are looking to outsource a broader range of projects and use remote working collaborations to hire talent while significantly reducing costs. Cybersecurity specialists are in increasing demand. However, it has exposed businesses to previously unimaginable security threats.

IT Outsourcing 130

IT Outsourcing Outsourcing Cybersecurity Offshoring 130

IBM Services

SEPTEMBER 13, 2023

The role of attack surface management in data breach containment Despite employing an arsenal of cybersecurity measures to protect sensitive data, many organizations find themselves in a relentless race against time, as they strive to bridge the gap between the moment a data breach occurs and when it is effectively contained.

Management 101

Management Cybersecurity Engineering Reduced Costs 101

Groove Technology

JUNE 22, 2023

Whether you need software developers, network administrators, cybersecurity experts, or IT consultants, outstaffing allows you to tap into this expertise and build a tailored team according to your requirements. They have access to a vast talent pool, allowing them to ramp up or down the team size efficiently and without unnecessary delays.

Right-Sizing 130

Right-Sizing Service Flexibility Collaborations 130

Groove Technology

JUNE 15, 2023

These specialized firms bridge the talent gap by connecting businesses with remote developers from around the world, offering a unique value proposition that combines quality, cost-effectiveness, and efficiency. The collaboration resulted in enhanced productivity, faster time-to-market, and improved profitability for Enterprise Z.

E-Commerce 130

E-Commerce Flexibility Collaborations Healthcare 130

Anexa

JANUARY 30, 2023

By automating routine tasks, businesses can reduce costs and improve efficiency. During a recession, businesses that have adopted these cutting-edge technologies can reduce labor costs and improve competitiveness. Cybersecurity Today, cybersecurity is a critical concern for all businesses.

Information Technology 52

Information Technology E-Commerce Robotics Process Automation Cybersecurity 52

IBM Business Partners

AUGUST 3, 2023

The number of cybersecurity incidents: IBM research finds that the global average cost of a data breach is $4.45 There are many reasons why an application may fail or underperform, but one of the most worrisome is it failed because of an external cybersecurity threat. million in 2023, a 15% increase over 3 years.

Cybersecurity 65

Cybersecurity Automation Reduced Costs Software 65

Premier BPO

MAY 8, 2023

As a result, many are proactively seeking ways to streamline their operations and reduce costs to avoid being caught off guard by a potential business crisis. And in this blog post, we’ll touch on the triggers for business process outsourcing in Australia. How Big is the Business Process Outsourcing Industry?

Outsourcing 52

Outsourcing Business Process Outsourcing BPO Reduced Costs 52

Groove Technology

OCTOBER 14, 2021

With perks like reduced costs, easier access to talent, and potentially faster time to plug, it’s no surprise that outsourcing is gaining traction. In 2021, cybersecurity outsourcing will become commonplace. Outsourcing eliminates a large part of the risk, thus reducing the risk for your company. Risk reduction.

Software 246

Software Outsourcing Management Right-Sizing 246

Vilmate

NOVEMBER 30, 2023

Some IT areas, like cybersecurity and artificial intelligence, are still growing. This situation has several causes: Reduced job opportunities: Many companies are cutting their workforce, leading to more people seeking jobs and increasing competition. Companies will rely more on cloud computing to cut costs and improve efficiency.

Jobbing 52

Jobbing Cybersecurity Marketing Out-Tasking 52

IBM Business Partners

JUNE 8, 2023

Many have turned to IBM’s portfolio of AI offerings, which provides pre-trained AI models that can be integrated into existing applications to improve process efficiency, enabling organizations to direct their resources to more valuable tasks.

Reduced Costs 70

Reduced Costs Software Cybersecurity Engineering 70

Obobo

MARCH 19, 2023

As businesses depend on various vendors and suppliers to provide parts and services, managing vendor contracts is a crucial aspect of maintaining operational efficiency. It enhances vendor relationships, boosts operational efficiency, controls costs, and ensures regulatory compliance.

Management 40

Management Reduced Costs Automation Accounting 40

Vilmate

APRIL 27, 2022

From cybersecurity to customer care, AI appliances manage to enhance financial operating systems both from developers’ and consumers’ points of view. increased cost-efficiency. reduced biases. They maximize resource utilization and increase operational efficiency. Source: Statista. advanced fraud prevention.

Banking 52

Banking Finance Risk Management Risk Management 52

IBM Services

APRIL 11, 2024

Private companies prioritize economic prosperity, focusing on efficiency and productivity that drives business success and shareholder value. In An Overview of Catastrophic AI Risks , the authors identify several mitigations that can be addressed through governance and regulation (in addition to cybersecurity).

Government 77

Government Regulations Accounting Cybersecurity 77

Hyland

NOVEMBER 21, 2022

> Read more | Extend HR efficiencies with OnBase’s SAP SuccessFactors integration. Drive efficiencies and go paperless. Creating more efficiency. Cybersecurity and the tactics that make it successful were on the minds of many of our customers. Capturing cost savings. Capturing cost savings.

Robotics Process Automation 95

Robotics Process Automation Cybersecurity Automation Accounting 95

IBM Services

SEPTEMBER 18, 2023

However, this data can often become trapped in silos and cause complexities, resulting in delays and increased costs. With the increasing demands of global trade, organizations are starting to embrace digitization, standardization and collaboration to accelerate time to value and reduce costs.

Finance 88

Finance Banking Regulations Advisory 88

Zinnov

MARCH 27, 2024

Imagine having the power to access a global talent pool, drive innovation, and scale your business efficiently. These centers leverage specialized talent, cost arbitrage, and operational efficiencies in various locations worldwide. Talent Pool Constraints : Talent pool limitations pose another constraint.

Offshoring 52

Offshoring Healthcare Labor Costs Retail 52

3Pillar Global

MAY 15, 2023

The importance of modernization is highlighted by daily needs for operational efficiencies, as well as for products that are in demand that streamline customer service and adapt to newer age technology without hiccup. Make modifications to existing software, architecture, UI, etc., to improve business/technical value.

Cybersecurity 52

Cybersecurity Software Out-Tasking Analytics 52

Groove Technology

FEBRUARY 9, 2023

This creates both opportunities and challenges for retailers, who must find ways to leverage data to provide more personalized and seamless experiences while ensuring compliance with privacy regulations and addressing cybersecurity concerns.

Retail 130

Retail Sales Sourcing Cybersecurity 130

IBM Services

FEBRUARY 16, 2023

Along with these challenges, the ongoing drive to reduce costs, improve efficiency and productivity, drive better decision-making and reduce risk will continue to drive pharma investment in cloud, AI/ML, analytics and automation in 2023 despite higher interest rates.

Pharmaceuticals 40

Pharmaceuticals Reduced Costs Research Manufacturing 40

IBM Services

NOVEMBER 13, 2023

Security vulnerabilities: Due to outdated security measures and lack of updates, legacy applications are more susceptible to cybersecurity threats. High maintenance costs: The need for ongoing maintenance and support for legacy applications can result in escalating costs over time.

Software 100

Software Automation Efficiency Inventory Management 100

IBM Services

FEBRUARY 9, 2024

Massive, centrally operated mainframe computers from a few players gave way to smaller, more efficient machines accessible to enterprises and research institutions. In the long term, this may put upward pressure on cloud costs as providers update and optimize their own infrastructure to effectively meet demand from generative AI. [v]

Right-Sizing 102

Right-Sizing Out-Tasking Sourcing Research 102