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Recession-Proof Your Business with Information Technology (IT)

Anexa

In recent years, we have seen how technological advancements have transformed the way businesses operate, and the use of technology has proven to be an effective way to navigate through economic challenges. Information technology (IT) can help be a valuable business tool during a recession in several ways.

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The Star Schema is Obsolete, Reduced Cost, and Better Performance

Perficient Digital Transformation

Reduce Cost. In 1996 when the star schema and dimensional modeling were introduced, storage costs were expensive, almost $12,000 per gigabyte. Since the star schema helped reduce data redundancy it also helped reduce storage costs. In 2022 the cost of a gigabyte of data storage in the cloud is only $.023

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The Real Cost of Outsourced Technical Support and Its Advantages

Magellan Solutions

According to Glassdoor, a typical Information Technology Manager residing in these countries can earn the corresponding salary per year. Obviously, the engine that pushes every developing country’s outsourcing sector is its reduced cost of doing business. . Salary per year ($). Philippines.

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List of Companies That Outsource Call Centers

Magellan Solutions

The management believed that it would help the company in reducing costs while maintaining and enhancing the quality of customer service. Offshored roles include information technology and customer support. The lower labor costs in developing countries make it possible. JPMorgan Chase.

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Companies That Outsource Call Center Operations

Magellan Solutions

The management believed that it would help the company in reducing costs while maintaining and enhancing the quality of customer service. Offshored roles include information technology and customer support. The lower labor costs in developing countries make it possible. JPMorgan Chase.

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2022 Latest Report: Statistics on the Philippine BPO Industry

Magellan Solutions

In addition, many companies providing international business services are including offshoring and outsourcing into their plans to reduce costs across nations. The Philippines’ Information Technology and Business Process Management (IT-BPM) sector continues to be a major economic driver. Source: IBPAP. Key points.

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Shared Service Center in Mexico

Intugo

A shared service center in Mexico enables operations within companies to be more efficient, reduce costs, and improve the quality and control of activities. Unification of information technology systems. A better-trained staff. An increased focus on the core business. Increased efficiency and productivity.