Ever wondered why some projects seem to glide effortlessly to success, while others seem to hit every bump in the road? The answer might lie in the power of benchmarking. As the legendary management consultant Peter Drucker once said: “What a business needs most for its decisions — especially its strategic ones — is data about what goes on outside it. Only outside a business are there results, opportunities, and threats.”
The BPO industry is booming, but many outsourcers still need help growing their company. Scaling beyond 1,000 seats is something that relatively few BPOs achieve, but it’s entirely possible as long as owners are prepared to take risks and persevere with a growth-focused approach. This article will explore why BPOs find it so hard to scale.
In this digital age, businesses of all sizes rely on technology to store, transmit, and process sensitive data. While the use of digital technology brings many benefits, it also comes with its own set of challenges, and one of the biggest ones is ensuring cybersecurity. The exponential increase in cybercrime has made it essential for companies to prioritize security while working with digital technologies.
By the start of 2022, Microsoft Teams officially declared that it has topped 270 million active users in its collaboration platform. With such meteoric growth, MS Teams is now the most popular business collaboration and communication platform, outperforming Slack and Zoom. Microsoft’s business messaging tool prides itself on its smart and team collaboration capabilities, such as integrations with other Office 365 applications like Outlook and SharePoint.
Generative AI is rapidly transforming the way we interact with digital systems. From the halls of Congress to the dorm rooms of TikTok users, generative AI is everywhere. It’s reshaping industries, from entertainment to healthcare, and it’s only the beginning. Here is a compilation of thought-provoking Generative AI statistics.