Perficient Digital Transformation

DECEMBER 22, 2023

The utilization of AI has seen tremendous growth over the last few years, including: Customer chatbots Customer chatbots serve to streamline operations by reducing the need for extensive phone center staffing. Contact our experts today if you are interested in learning more about up-and-coming news in financial services.

Banking 52

Banking Risk Management Risk Management Cybersecurity 52

Groove Technology

JUNE 21, 2023

Offshore software development has become increasingly popular in the digital era, offering businesses the opportunity to access a global talent pool while reducing costs. Offshore development centers equipped with advanced technology frameworks may charge higher rates to cover the associated infrastructure costs.

Offshoring 130

Offshoring Software Labor Costs Collaborations 130

IBM Business Partners

MAY 17, 2024

They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions. Meanwhile, 43% are using the technology to inform strategic decisions. AI models analyze vast amounts of data quickly and accurately.

E-Commerce 66

E-Commerce Order Management Retail Automation 66

IBM Services

FEBRUARY 9, 2024

According to a recent IBM survey of over 1,000 employees at enterprise-scale companies , the top three factors driving AI adoption were advances in AI tools that make them more accessible, the need to reduce costs and automate key processes and the increasing amount of AI embedded into standard off-the-shelf business applications.

Right-Sizing 102

Right-Sizing Out-Tasking Sourcing Research 102

SIG Speaks

OCTOBER 12, 2023

Businesses and organizations continue to strive to enhance efficiency, reduce costs, and gain a competitive edge, and AI technologies have begun to revolutionize the procurement landscape. This can lead to more informed decision-making from business executives. One significant risk is confidentiality and privacy considerations.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

3Pillar Global

JANUARY 4, 2024

Growing revenue and reducing costs remains a top priority for healthcare organizations in 2024. As such, revenue cycle optimization, streamlining payment, and reducing billing and coding errors are critical areas of focus. These hidden costs add up quickly. Platform modernization presents a solution. Compliance risks.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

Capgemini

JULY 25, 2023

Organizations can perform joint data analysis and train machine-learning (ML) models while ensuring that confidential information will stay protected from their sharing partners. Yet in many cases, the relevant data is personal information, and protected by privacy laws and bonds of trust. How can that data be shared?

Collaborations 52

Collaborations Government Regulations Pharmaceuticals 52

Amzur

JANUARY 10, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. AI helps in understanding nearly any industry by collecting and analyzing tremendous amounts of information efficiently and accurately.

Data Entry 103

Data Entry Right-Sizing Robotics Process Automation Automation 103

31 West

JUNE 29, 2023

This shift reduces costs and makes budgeting and prediction more manageable for businesses. They include: Data Privacy Concerns Network Dependency Compatibility Issues 1. Data Privacy Concerns When migrating to the cloud, data privacy is the most notable concern that makes businesses apprehensive.

Right-Sizing 130

Right-Sizing Flexibility Automation Efficiency 130

Magellan Solutions

FEBRUARY 15, 2024

With rising costs and complex regulations overwhelming healthcare providers, partnering with overseas business process outsourcing (BPO) companies has become a strategic necessity. Among these processes are verifying crucial medical information, providing patient care services, telemarketing, and healthcare call center outsourcing.

Call Center 52

Call Center Healthcare Outsourcing Insurance 52

Perficient Digital Transformation

MARCH 7, 2022

Adding multi-shore resources to your digital project teams bolsters innovation, increases speed to market, and significantly reduces costs. For example, certain industries must comply with additional federal regulations for security and privacy. Tailoring an Optimized Global Delivery Model to your Organization.

Nearshoring 78

Nearshoring Offshoring Regulations Reduced Costs 78

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

APRIL 25, 2024

Done correctly, this process also contains critical activities that can significantly reduce costs and satisfy a business’ key metrics for success. But in a channel-less world, data should be used to inform more than FAQ pages, content marketing tactics and email campaigns.

Retail 88

Retail Sales Sourcing Marketing 88

Magellan Solutions

JULY 10, 2023

Combining the power of intelligent automation with outsourcing strategies can help enhance your operating efficiency, reduce costs, and drive business growth. Because AI automates manual processes, your company can significantly reduce labor costs and eliminate errors associated with human intervention.

Automation 75

Automation Outsourcing Inventory Management Data Entry 75

Zinnov

FEBRUARY 8, 2024

Explore Top Talent Locations of The World COE Hotspots of The World 2023 Download The Report An Offshore Development Center also allows companies to benefit from cost-efficient market expansions by leveraging regulation, compliance, and infrastructure benefits offered in some locations.

Offshoring 52

Offshoring Regulations Outsourcing Software 52

Paysquare

AUGUST 7, 2023

Overall, outsourcing accounts is significant as it enables businesses to streamline operations, reduce costs, access specialized skills and maintain compliance with accounting standards and regulations. Ensure that your outsourcing partner has robust security measures to safeguard sensitive financial information.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Capgemini

MARCH 4, 2024

Make informed decisions based on robust, real-time data. The following use cases illustrate how Capgemini’s Contact Center As-a-Service, powered by Amazon Connect, helps agencies become more efficient, reduce costs, and provide personalized interactions that meet the expectations of today’s constituents.

Government 52

Government Automation Reduced Costs Efficiency 52

Perficient Digital Transformation

MAY 18, 2023

Information / Data Domain (including Data Governance) : defines the enterprise’s information requirements and data model and helps ensure data is managed to support business needs. The platform facilitates collaboration and data-driven decision-making to improve efficiency and reduce costs.

Design 64

Design Management Collaborations Government 64

Magellan Solutions

JULY 10, 2023

Combining the power of intelligent automation with outsourcing strategies can help enhance your operating efficiency, reduce costs, and drive business growth. Because AI automates manual processes, your company can significantly reduce labor costs and eliminate errors associated with human intervention.

Automation 52

Automation Outsourcing Inventory Management Data Entry 52

IBM Business Partners

JULY 19, 2023

Leveraging generative AI to augment human team capabilities presents an opportunity for Clients to reduce costs by 30%-50%, while accelerating time to market related to this process by at least 50% and improving scalability, quality, and consistency of generated reports.

Co-Sourcing 60

Co-Sourcing Regulations Human Resources Manufacturing 60

Amzur

JANUARY 18, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. AI helps in understanding nearly any industry by collecting and analyzing tremendous amounts of information efficiently and accurately.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Amzur

JANUARY 18, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. AI helps in understanding nearly any industry by collecting and analyzing tremendous amounts of information efficiently and accurately.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Amzur

JANUARY 18, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. AI helps in understanding nearly any industry by collecting and analyzing tremendous amounts of information efficiently and accurately.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

IBM Services

NOVEMBER 30, 2023

Due to the evolving cybersecurity risks, threats, stringent and industry-specific regulations and compliance requirements within these sectors, their clients face a unique set of challenges, making the guidance and expertise of an expert MSSP such as eSec Forte indispensable.

Cybersecurity 71

Cybersecurity Regulations Sourcing Streamline Operations 71

Globalization Partners

DECEMBER 30, 2021

The Covid-19 pandemic also presents a new potential for remote work — 70 percent of chief information officers surveyed were working remotely in March 2021, and many respondents intend to continue working remotely. Companies can also reduce costs through international growth, as some governments offer incentives for companies to invest.

Payroll 98

Payroll Research Marketing Government 98

IBM Services

OCTOBER 16, 2023

Similarly, security data that includes information gathered in geographic areas that are predominantly black could create racial bias in AI tools used by police. Cognitive bias When people process information and make judgments, we are inevitably influenced by our experiences and our preferences.

Government 74

Government Sourcing Research Jobbing 74

Obobo

JANUARY 12, 2023

By understanding the potential risks involved with working with a vendor, organizations can make informed decisions about whether or not to do business with them. – Compliance Risk Assessments: These assess a vendor’s compliance with laws and regulations relevant to their business. How to Conduct a Vendor Risk Assessment.

Automation 40

Automation Reduced Costs Risk Management Risk Management 40

Magellan Solutions

AUGUST 2, 2021

We do this to navigate the challenges of an evolving, regulated, cost-intensive, and evidence- and value-based healthcare landscape. . Furthermore, we leverage collaborative care management to improve patient well-being while reducing costs. There are significant costs involved in running an in-house call center.

BPO 52

BPO Outsourcing Call Center Healthcare 52

Zinnov

OCTOBER 18, 2023

Both come with their fair share of advantages and disadvantages and understanding the nuances will help companies make an informed decision when choosing a model that is best aligned with their business strategy. Regardless of the business model, choosing partners and employees who meet thorough quality and regulation standards is important.

Outsourcing 52

Outsourcing Offshoring Reduced Overhead Right-Sizing 52

IBM Services

DECEMBER 1, 2023

Financial institutions are part of a heavily regulated sector that still relies to a degree on legacy systems (e.g., A hybrid cloud solution provides a flexible alternative way for banks to isolate this data by hosting applications on industry-compliant public clouds and storing sensitive information on-premises in their private cloud.

E-Commerce 86

E-Commerce Banking Flexibility Software 86

3Pillar Global

MARCH 15, 2021

There’s a lot to think about: economic and ethical implications, the current political climate, and the rules and regulations that come into play when you start shipping work abroad. Information Security. And when they do, smaller firms are competing with the likes of Facebook and Amazon for top talent. Service Quality. It’s a lot.

Outsourcing 40

Outsourcing Regulations Global Outsourcing Jobbing 40

Perficient Digital Transformation

MARCH 19, 2024

This includes steps to ensure your software builds aren’t compromised, data in your code repositories – which may store information that hackers would find valuable – are secure, and your DevOps pipeline integrates security ( DevSecOps ) from planning and development to testing and deployment.

Healthcare 52

Healthcare Insurance Cybersecurity Collaborations 52

Automation Anywhere

NOVEMBER 6, 2020

RPA reduces costs, boosts efficiency, shifts repetitive, tedious work to software robots ("bots"), and promotes employees from doing manual, low-value tasks to high-value work. These are: Confidentiality —The technology must have authorized restrictions on information access and disclosure. An ATO sets a high bar.

Government 98

Government Robotics Process Automation Automation Software 98

MicroAgility

JUNE 30, 2022

Blockchain is a breakthrough in data storage and information transmission. Transfer of value in large and small increments without an intermediary will dramatically reduce cost and speed up the payment. This technology can reduce claims processing costs and increase the security and transparency of all transactions.

Service 52

Service Banking Finance Insurance 52

NoonDalton

DECEMBER 11, 2023

Increasing Demand for Responsible Services Consumer Awareness: Today’s consumers are more informed and conscientious. Companies are not only looking to optimize costs but also to partner with service providers who can help them meet their sustainability goals.

Outsourcing 52

Outsourcing Regulations Efficiency Outsourcing Operations 52

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

3Pillar Global

MAY 15, 2023

According to Gartner , a legacy application is an information system that is critical to daily operations but may be based on outdated technologies. Here, it helps to look at informal channels like reviews and daily interactions with customers, as well as the structured feedback provided in survey responses.

Cybersecurity 52

Cybersecurity Software Out-Tasking Analytics 52