Latest Reports

• Cybersecurity in the Era of Robotics

  Recent advances in AI have led to the development of specialized robots that can perform tasks previously thought to be exclusive to humans, including visual perception, speech recognition, and decision-making. However, as the world prepares for a deluge of humanoids, the wide adoption of robots presents unique cybersecurity threats, from data interception to device hijacking. Many are due to a lack of native cybersecurity features in robotic equipment and related technologies, such as the IoT. Hence, to fully capitalize on the potential of robotics, government, industry, and academia are collaborating to strengthen security in every robotic development and deployment area.

  September, 2024

• IT Budgets and Hiring on the Rise Despite High-Profile Layoffs

  It is easy to look at layoffs from major tech companies such as Microsoft, Amazon, and Google as a sign that IT departments everywhere might be struggling. In fact, this is not the case. When it comes to end-user companies, both IT budgets and hiring are strong. CIOs have a major role in the strategic transformation of their enterprises, and they have no shortage of new investment priorities. Despite recent turmoil, or perhaps because of it, CIOs are pushing on. This Research Byte is a brief description of some of the findings in our IT Spending and Staffing Benchmarks 2024/2025 study.

  September, 2024

• IT Spending and Staffing Benchmarks 2024/2025: Chapter 7: Insurance

  Chapter 6 provides benchmarks for banking and financial services companies. The firms in this sector include commercial banks, investment banks, credit unions, mortgage lenders, consumer finance lenders, and other types of lenders and financial services providers. The 48 respondents in this sector range in size from a minimum of about $50 million to over $75 billion in annual sales.

  September, 2024

• IT Spending and Staffing Benchmarks 2024/2025: Chapter 5: Discrete Manufacturing

  Chapter 5 provides benchmarks for discrete manufacturing organizations. Discrete manufacturers are defined as those where the production process adds value by fabricating or assembling individual (discrete) unit production. This category includes manufacturers of consumer products, athletic equipment, industrial equipment, telecommunications equipment, aerospace products, furniture, auto parts, electrical parts, medical devices, and electronic devices, among other products. The 79 respondents in this sample range in size from a minimum of about $50 million to over $300 billion in annual revenue.

  September, 2024

• IT Spending and Staffing Benchmarks 2024/2025: Chapter 4: Process Manufacturing

  Chapter 4 provides benchmarks for process manufacturers. Process manufacturers are defined as those where the production process adds value by mixing, separating, forming, or chemical reaction. This sector includes manufacturers of chemicals, petrochemicals, semiconductors, pharmaceuticals, dietary supplements, food and beverage products, cosmetics, building materials, packaging materials, steel, glass, paper products, and other process-manufactured goods. The 96 respondents in the sample range in size from a minimum of about $50 million to a maximum of around $70 billion in annual revenue

  September, 2024

• Insurance Business Process Transformation 2024 Market Insights™

  The Insurance Business Process Transformation 2024 Market Insights™ assists enterprises in identifying important demand-side trends that are expected to have a long-term impact on any insurance business process transformation engagement. The report also highlights key challenges that insurance entities face today.

• Insurance Business Process Transformation 2024 RadarView™

  The Insurance Business Process Transformation 2024 RadarView™ provides information to assist enterprises in building an insurance service strategy and charting an action plan for insurance business process service transformation. It identifies key global insurance service providers that can help expedite this transformation. It also brings out detailed capability and experience analyses of leading providers to assist businesses in identifying the right strategic partners. The 68-page report highlights key industry trends in the insurance business process transformation space and Avasant’s viewpoint.

  September, 2024

• IT Spending and Staffing Benchmarks 2024/2025: Chapter 32: Life and Annuity Insurance

  Chapter 32 provides benchmarks for life and annuity insurance companies. The firms in this sector include companies that sell life insurance, long-term disability insurance, annuities, and other types of insurance. The 17 respondents in this sector range in size from a minimum of $100 million to over $50 billion in annual revenue.

  September, 2024

• IT Spending and Staffing Benchmarks 2024/2025: Chapter 31: Property and Casualty Insurance

  Chapter 31 provides benchmarks for property and casualty (P&C) insurance companies. The firms in this sector include companies that offer property and casualty insurance, auto insurance, homeowner’s insurance, renter insurance, and similar types of insurance. The 16 respondents in this sector range in size from a minimum of $100 million to over $100 billion in annual revenue.

  September, 2024

• IT Spending and Staffing Benchmarks 2024/2025: Chapter 30: Healthcare Payors

  Chapter 30 provides benchmarks for health insurance companies. The firms in this sector include companies that sell medical and dental insurance along with healthcare providers that also offer health insurance plans and function as healthcare payors. The 26 respondents in this sector range in size from a minimum of $100 million to over $100 billion in annual revenue.

  September, 2024

• IT Spending and Staffing Benchmarks 2024/2025: Chapter 29: Online Retailers

  Chapter 29 provides benchmarks for online retailers. This subsector includes online retailers of clothing, home furnishings, dietary supplements and health products, agricultural products, pharmaceuticals, sports equipment, and other products. The 27 respondents in this sample have annual revenue ranging from about $100 million to over $200 billion.

  September, 2024

• IT Spending and Staffing Benchmarks 2024/2025: Chapter 28: Brick-and-Mortar Retail

  Chapter 28 provides benchmarks for brick-and-mortar retailers. This subsector includes department stores, clothing stores, convenience stores, pet stores, pharmacies, hardware stores, nonprofit retailers, furniture retailers, agricultural retailers, and other retailers. The 39 respondents in this sample have annual revenues ranging from about $95 million to over $200 billion.

  September, 2024