Today’s fast-paced and highly competitive market makes building high-performance teams a key challenge for businesses. And we all know and understand that creating a top-tier tech team is easier said than done. Because it needs a delicate mix of skill, expertise, and resources, which is challenging to locate in one place. But offshore development centers (ODCs) in India can help address this critical business challenge.
With digital transformation and increasing applications and extensions, IT outsourcing has been growing steadily in the past few years and is anticipated to witness significant growth in the upcoming years. Unsurprisingly, according to Statista, the IT outsourcing sector is the most important contributor to revenue in the IT services market, with US$361 billion in 2021, and is projected to reach US$587.3 billion by 2027.
As tiny or invisible as it may seem, customer service is crucial to any business. It is the most decisive part of any customer journey. A prospect may get deflected due to poor or delayed response here. A buyer may walk away with disappointment or frustration- thus, passing on that negative feeling to many other prospects. A great upselling opportunity may be lost just because the customer service assistant was not sharp enough or fast enough to capture a pivotal moment in the interaction.
Although robotic process automation (RPA) is on the rise, the success of RPA remains a non-trivial endeavor. Despite widespread global adoption of robotic process automation (RPA), an EY study reveals that 30% to 50% of initial RPA projects fail. As robotic process automation (RPA) continues to the hype in the business world, let us not forget that technology is not a magic wand that can be quickly waved to reap enormous benefits.
At least 40% of all businesses will die in the next 10 years if they don’t figure out how to change their entire company to accommodate new technologies.Inc42 predicts that by 2025 Indian agriculture will exceed US$ 24 billion and India’s food and grocery market will grow to 316.06 MT in FY 2021-22, with retail contributing 70 percent. Also, India has the sixth largest food and grocery market in the world.
Businesses across industries face an unprecedented influx of data as they make their way through the digital era. Things like the Internet of Things (IoT), social media, digital marketing, etc., have considerably contributed to it. As a result, how we dealt with data in the past has changed drastically. The traditional database management systems aren’t equipped to deal with such vast volumes of data. By 2025, it’s estimated that a staggerring 463 exabytes of data will be created each day globally. Managing and deriving useful information from such massive amounts of data is a mammoth task.
Taking note of how the world’s businesses are moving toward end-to-end process automation, Gartner coined the term ‘Hyper automation’ in 2019. Then Gartner mentioned hyper-automation as one of the top strategic technology trends for 2022. When an independent research house identifies technology as a trend, it is time to pay attention.
Technology is evolving rapidly to help businesses meet and grow in the new operational realities. Individual technology tools that offer specific solutions are now changing and interacting with one another to form an integrated network of enterprise solutions, making it truly possible to achieve end-to-end automation.
Outsourcing IT to India: A Smart Choice for American Businesses13/12/2024
In the rapidly evolving digital landscape, companies are always looking for innovative ways to optimize their operations, cut costs, and tap into the best talent available. One of the most effective strategies to achieve this is by outsourcing IT to India.
IT Outsourcing for US Companies: A Blueprint for Excellence13/12/2024
In today’s fast-paced global economy, IT outsourcing has become a cornerstone for US companies seeking innovation, efficiency, and cost-effectiveness. By leveraging the expertise of global talent pools, businesses can streamline operations and stay ahead in an increasingly competitive market.
US Businesses and Offshore Software Development: A Formula for Success12/12/2024
Offshore software development offers US businesses a powerful strategy to optimize costs while maintaining exceptional quality. By partnering with global talent, companies can access skilled professionals at competitive rates, significantly reducing development expenses.
IT Project Outsourcing: Boosting ROI Through Strategic Partnerships07/11/2024
According to Radix, employee spending on IT outsourcing is $132.10 billion in 2023, and it is projected to skyrocket to $777.70 billion by 2028, growing at a CAGR of 11.07%. This significant rise underscores the increasing importance of IT outsourcing as a strategic investment for businesses worldwide.
Software Project Outsourcing: The Strategic Leap for Business Growth07/11/2024
Software project outsourcing is a key strategy for businesses looking to accelerate growth and stay ahead in a competitive market. In this blog, we will discuss how outsourcing software development can provide access to specialized skills, reduce operational costs, and enable scalability.
We are technology enthusiasts who carve the most complex digital solutions for any business needs. We also engage in ideation, incubation, and engineering to transform your ideas into reality.
