A surge in the volume of big data, combined with the escalating need for operational efficiency, has urged companies to opt for outsourcing their data analytics functions. Firms are increasingly acknowledging not just the cost benefits of outsourcing, but also the enhanced efficiency it offers by allowing them to focus...
Discover more insightsIn the rapidly accelerating digital world, DevOps, a series of practices combining software development and IT operations, has emerged with great prominence. It fosters an engineering culture where designing, testing, and releasing software can happen rapidly, frequently, and reliably. The overriding goal of DevOps is to shorten the development lifecycle...
Discover more insightsXerox, a notable player in business services and document management technology, grappled with the challenges and opportunities presented by digital transformations. Significant technological advances, from incremental improvements in photocopying to digital printing and cloud-based services, have necessitated adaptability by the firm. Successful navigation of this transition required strategic foresight and...
Discover more insightsThe onset of digital technology has triggered a noteworthy shift in the healthcare and cosmetics sectors. Innovations like the Internet of Things (IoT) and other applications have introduced new modes of operation – notably in patient monitoring, early diagnosis, and customized skincare solutions. Besides providing efficient products and services for...
Discover more insightsThe swift rise of digital technology has brought significant transformations across sectors and the QSR (Quick Service Restaurants) industry is no exception. Leveraging digital technology, QSRs have transformed the traditional eating-out experience through automated ordering systems, mobile payments, and online delivery platforms. By incorporating digital transformation strategies, they have ensured...
Discover more insightsDigital transformation in the healthcare sector is yielding significant advances, driven primarily by an increasing reliance on data analytics for effective decision-making. Internet of Things (IoT) technologies, electronic health records (EHRs), and telemedicine have further facilitated the transformation, enhancing efficiency and facilitating seamless patient care. Concurrently, strict data regulations are...
Discover more insightsLeaders in the retail and technology sectors have often been the standard-bearers in digital transformation. Among these, some tech and retail giants have not just adapted to the changes but have led the charge. Deploying advanced analytics for more accurate decision-making, automating processes to improve efficiency, and utilizing digital platforms...
Discover more insightsThe oil and gas sector, characterized by capital-intensive operations and complex logistical challenges, presents a promising arena for digital transformation. The industry's volatility and cyclical nature necessitates operational efficiency and prudent cost management, goals attainable by harnessing digital technologies. From exploration and extraction to refining and distribution, digitization can introduce...
Discover more insightsBusiness process outsourcing (BPO) industry continues to grow at an impressive rate, underlining the increasing dependence of businesses on such services. A myriad of reasons, such as focus on core competency, cost reduction, and process optimization, back this growth. Recent analyses project the global BPO market value to significantly increase...
Discover more insightsUnderpinned by unprecedented breakthroughs in innovation, banks are finding themselves at the nexus of an increasingly digitized business landscape. To maintain competitiveness, financial institutions are embracing digital transformation strategies, steering towards enhancing operational efficiency, customer-centricity, and revenue growth through technology-driven banking practices. Among the observable trends, artificial intelligence, cloud computing,...
Discover more insightsIn the age of digitization, the pharmaceutical industry is seeing a profound shift in the way processes are managed. Digital tools offer avenues for streamlining drug development, enhancing patient engagement, and accelerating clinical trials. Furthermore, data analytics play a crucial role in identifying patterns and predictive modeling in drug discovery...
Discover more insightsOver the past decade, Brazil, Russia, India, and China, collectively designated as BRIC, have demonstrated remarkable growth in the IT and software domain. The upward trajectory can be attributed to factors such as increasing digitization of economic activities, exploitation of emerging tech like AI and IoT, and widespread adoption of...
Discover more insightsThe global biotechnology sector has been seeing noteworthy trends in terms of strategic tie-ups and agreements. It's clear that leading enterprises are increasingly collaborating to share resources, risks, and rewards. Such cooperative ventures often involve licensing agreements, joint-ventures, alliances, or even acquisitions. These enable access to new technologies, avenues for...
Discover more insightsLeading companies across industrial sectors have increasingly been recognizing the benefits of digital technologies. There is an urgent push for digital transformation driven by the need for efficiency, agility, and the competitive edge that digitization offers. Digitally-enabled business models create new value chains, improving operations, and enhancing customer experiences. The...
Discover more insightsThe modern contact center market has realized marked evolution thanks to the transition towards cloud-based solutions. Such advancements have provided contact centers with unprecedented scalability, flexibility, and an enhanced ability to handle customer integration points across numerous channels. Furthermore, cloud technology has significantly reduced the need for high-end infrastructure, thus...
Discover more insightsThe evolving global economy is stimulating businesses to explore innovative strategies to manage costs and improve efficiency. A key trend in this process is the expanding outsourcing of services in IT and engineering markets. This approach provides firms with the flexibility to focus on their core competencies, while external entities...
Discover more insightsIn the recent years, digitization has amplified in the banking sector, spurred by rising customer demands for seamless and secure digital banking experiences. Increasing mobile connectivity, evolving technology trends like AI, Blockchain, Big Data, and regulatory shifts are driving this expansion, inducing more customer-centricity and operational efficiency.
Discover more insightsEnormous shifts have been observed across industries as they adapt to the digital revolution. Companies in traditional sectors are under pressure to evolve their operational models, embrace technological innovation and alter long-standing business norms. Industrial stalwarts like manufacturing, agriculture, and logistics find themselves in a situation where survival now means...
Discover more insightsContemporary economic landscapes are witnessing drastic pivots as digitisation continues to shape operations in various sectors. Financial and telecommunication industries occupy pivotal roles in this transformation. Both sectors have started to align their strategies with technological advancements, thereby profoundly redefining service delivery methods. This realignment through integration of advanced technologies,...
Discover more insightsThe Fast-Moving Consumer Goods (FMCG) industry is experiencing significant change due to digital transformation. As consumers digital behaviors evolve, businesses need to adapt not only their approach to product development, sales and marketing, but also their understanding of the customer. The digital arena is opening new paths and opportunities for...
Discover more insightsThe healthcare sector is far from being an isolated industry. Across its vast ecosystems of stakeholders, collaboration efforts are a critical component to its development and functionality. Together, pharmaceutical companies, governmental agencies, healthcare providers, and research institutions, amongst others, engage in strategic encounters to boost innovation, drive medical breakthroughs, and...
Discover more insightsIn the healthcare sector, collaboration represents a structural response to an array of complex challenges. These may pertain to the need for varied expertise for innovative healthcare solutions, or cost-effectiveness brought about by resource sharing amongst organizations. Additionally, compliance with increasingly tightening regulatory landscapes and competition, especially from disruptive elements...
Discover more insights