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Moving from Traditional Recruitment to Tech-enabled Talent Acquisition
Global economic challenges, the Great Resignation, and remote work drive a shift from traditional recruiting to talent acquisition. This transition, marked by reduced recruitment budgets and increased costs, is further fueled by a growing emphasis on skill-based hiring. As enterprises encounter obstacles in recruitment transformation, they are steering away from conventional recruitment agencies, opting for end-to-end talent acquisition partners. This led to an 11%–16% growth in talent acquisition outsourcing from March 2022 to March 2023 and a 23.9% growth in service provider revenue YOY. Both demand-side and supply-side trends are covered in our Talent Acquisition Business Process Transformation 2023–2024 Market Insights™ and Talent Acquisition Business Process Transformation 2023–2024 RadarView™, respectively.
December, 2023
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Talent Acquisition Business Process Transformation 2023–2024 Market Insights™
The Talent Acquisition Business Process Transformation 2023–2024 Market Insights™ assists organizations in identifying important demand-side trends that are expected to have a long-term impact on any recruitment transformation project. The report also highlights key challenges that enterprises face today while outsourcing their talent acquisition process.
December, 2023
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Talent Acquisition Business Process Transformation 2023–2024 RadarView™
The Talent Acquisition Business Process Transformation 2023–2024 RadarView™ assists organizations in identifying strategic partners for talent acquisition outsourcing services by offering detailed capability and experience analyses of service providers in this space. It provides a 360-degree view of the service providers across practice maturity, domain ecosystem, and investments and innovation, thereby supporting enterprises in identifying the right talent acquisition outsourcing partner. The 55-page report highlights top supply-side trends in the talent acquisition outsourcing space and Avasant’s viewpoint on them.
December, 2023
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Can Gemini Be Google’s Beacon of Salvation, like Batman in Gotham?
On December 6, 2023, Google launched the Gemini series, a collection of large language models (LLMs) excelling in multimodal inputs (text, image, audio, and video). Emphasizing responsible AI design, enhanced flexibility across multiple form factors ranging from data centers to devices, and superior computational capabilities, Gemini aims to outperform other LLMS in multiple industry benchmarks. While OpenAI has traditionally led in the generative AI space, Gemini poses a formidable challenge, potentially positioning itself as Google’s generative AI savior, akin to Gotham’s champion, Batman.
December, 2023
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Marvell Continues to Chip Away at Silicon Rivals
Marvell Technology, once a humble manufacturer of chips for storage devices and networking equipment, has undergone a remarkable transformation. We check in with Marvell’s growing market share and new initiatives at an industry analyst day.
December, 2023
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Ciklum: Shaping the Future of Custom Product Development
Software and smart sensors are being used increasingly in products and services today. And not just in high-tech products. Even low-tech products are becoming smart products. And organizations in all industries are increasingly leveraging technology to better reach and serve customers, whether it be through e-commerce, mobile apps, or connected devices. As a result, product design, hardware design, and software development must all be done in coordination and collaboration. Ciklum is a leading provider in this custom product development space and is a Tech Innovator to watch.
November, 2023
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Application Management Outsourcing Booming Despite SaaS
As the application portfolio of an enterprise grows, the ongoing support for those systems can become a burden on the IT organization, leaving little time for developing and implementing new applications. In response, some organizations see outsourcing application management as an attractive option. Although SaaS and the cloud have taken over many application management responsibilities, businesses continue to outsource this function. This Research Byte explores this trend, based on our full report, Application Management Outsourcing Trends and Customer Experience.
December, 2023
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Application Management Outsourcing Trends and Customer Experience 2023
As the application portfolio of an enterprise grows, the ongoing support for those systems can become a burden on the IT organization, leaving little time for developing and implementing new applications. In response, some organizations see outsourcing application management as an attractive option.
December, 2023
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Hybrid Work Increasing the Need for PMOs
Over the past five years, the use of project management offices (PMOs) has increased by 20%. According to our study, Project Management Office Adoption Trends, the number of companies making full use of PMOs for every IT project is among the highest-rated best practices in the study. The shift toward hybrid and remote work has put a significant strain on projects as teams must collaborate in hybrid settings and still finish projects on time and within budget. This Research Byte gives an overview of the increasing PMO best practice adoption and provides insights into why this increase might be occurring.
December, 2023
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Project Management Office Best Practices 2023
To improve project success, companies often establish a formal project management office (PMO) as a center of excellence for project management disciplines. In some organizations, the PMO operates as an advisory group to project managers, who report directly to business units. In other organizations, project managers report directly to the PMO and are assigned to projects as needed. However, in recent years, the use of PMOs has grown significantly, especially for organizations that use them for all projects.
December, 2023
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Maneuvering Turbulent Times with AI-driven IT Services and Operations
In the current challenging economic environment, leading IT services providers are focusing on innovation, adaptation, and AI to ensure their future success. With the advent of generative AI, global IT services companies are investing in upskilling and reskilling the workforce and sharpening their focus by leveraging cloud and AI solutions to enhance service efficiencies. Some providers are investing heavily in AI research and development and focusing on platform-based operations to help enterprises reduce costs, improve efficiency, and accelerate innovation. We highlight the efforts of one such service provider, TCS, focusing on the TCS Analyst Day 2023 event held in October.
December, 2023
Avasant acquires Computer
Economics for IT Metrics and Analytics
Economics for IT Metrics and Analytics
Leverage the definitive source of IT spending ratios
and staffing metrics for over 25 industry and government sectors.