Latest Reports

• Media and Entertainment Digital Services: Leveraging Digital Technology to Drive Innovation and Bolster Customer Experience

  To adapt to evolving customer demands, media and entertainment (M&E) firms are investing in digital technologies to provide personalized and immersive content to users and enhance the customer experience. In addition, regulatory requirements and customer preference for climate-conscious firms are compelling M&E enterprises to embrace ESG as a fundamental way of doing business. As a result, M&E companies are utilizing emerging technologies to offer low-latency immersive content and enhance customer experience while mitigating churn. Both demand- and supply-side trends are covered in Avasant’s Media and Entertainment Digital Services 2023–2024 Market Insights™ and Media and Entertainment Digital Services 2023–2024 RadarView™, respectively.

  June, 2023

• Media and Entertainment Digital Services 2023–2024 Market Insights™

  The Media and Entertainment Digital Services 2023–2024 Market Insights™ assists organizations in identifying important demand-side trends that are expected to have a long-term impact in the future for any digital projects in the media and entertainment space. The report also highlights key challenges that enterprises face today.

  June, 2023

• Leveraging Generative AI in Human Capital Management

  This article explores how integrating generative AI solutions in human capital management (HCM) platforms is improving HR processes. Leading HR platform providers, such as SAP SuccessFactors, Oracle, UKG, ADP, and Workday, are embracing generative AI to enhance job posting, candidate screening, employee upskilling, and personalized employee experiences. By automating tasks like job description creation and resume screening, generative AI solutions save time and improve accuracy. Moreover, employees can benefit from tailored learning recommendations and receive personalized experiences based on their preferences and career goals. However, although this integration brings a great potential, it is important to address data privacy, algorithmic biases, and transparency in decision-making to ensure the ethical and responsible use of generative AI in HCM solutions.

  June, 2023

• Media and Entertainment Digital Services 2023–2024 RadarView™

  The Media and Entertainment Digital Services 2023–2024 RadarView™ helps media and entertainment enterprises craft a robust strategy based on industry outlook, best practices, and digital transformation. The report can also aid them in identifying the right partners and service providers to accelerate their digital transformation in this space. The 77-page report also highlights top market trends in the media and entertainment space and Avasant’s viewpoint.

  June, 2023

• Business Process Services Pricing and Solution Trends: H1 2023

  In this report, Avasant provides key information on pricing and solution trends for the Business Process Services industry from the past 12 months. The report covers various aspects, including market demand and provider solution trends, commercial engagement trends, emerging location trends, and pricing and staffing trends in the space. The geographic coverage is global, with a large share of data points from North America. The report builds on insights gathered through our enterprise interactions, ongoing market research, data collection, and the AvaMark™ Price Benchmarking database.

  June, 2023

• Disaster Recovery Outsourcing Makes Up for Scarcity of Skills

  If there were any doubts about the need for disaster recovery planning, these were dispelled over the past few years. A worldwide pandemic, power outages, wars, and cyberattacks exposed organizations that were not fully prepared. But what if the IT organization does not have the resources or the capability to do it all in-house? For this reason, many organizations are turning to disaster recovery providers to fill the gap. This Research Byte analyzes the five-year trend in disaster recovery outsourcing.

  June, 2023

• Disaster Recovery Outsourcing Trends and Customer Experience 2023

  Experiences over the past three years have revealed that many organizations were not adequately prepared for a worldwide pandemic from a business continuity perspective. But most enterprises responded by establishing remote working environments on short notice and built out the network infrastructure and security measures to support them. Now, emerging from pandemic lockdowns, most businesses are retaining these remote work capabilities, even if they are to support a hybrid work model. Businesses are now more resilient, not just in facing another pandemic but in supporting remote work in the event of other natural or man-made disasters.

  June, 2023

• The Future of Customer Experience: Automation, Analytics, and Agent Enablement

  The customer experience landscape is rapidly changing, and businesses must keep pace to exceed customer expectations. With customers becoming more demanding and switching providers when service deteriorates, call centers are evolving into contact centers and ultimately into customer experience (CX) centers, central to driving customer experience (CX). This report—coauthored by Avasant and HCL Technologies—explores how CX centers have evolved into the next frontier of customer experience, and it defines strategies to ensure a positive and seamless customer experience. We conclude with ways in which organizations can reimagine their relationships with CX outsourcing service providers to create the right incentives for themselves and their partners.

  July, 2023

• IoT Shows Little Growth in Adoption Despite High ROI

  The Internet of Things (IoT) is a maturing technology, and for many years it has promised benefits such as reduced labor costs and improved business processes. However, our data is showing a trend that is common with other technologies as they mature. The adoption and investment of IoT projects have remained low. In fact, IoT appears to lag most technologies. This Research Byte examines the potential causes.

  June, 2023

• Internet of Things Adoption Trends and Customer Experience 2023

  The Internet of Things (IoT) is a maturing technology and for many years it has promised benefits such as lower labor costs, better tracking of assets, improved business processes, and efficient energy management. Indeed, IoT seems like a no-brainer technology for companies to invest in. By now, if the hype were to be believed, every product in the home would be “smart” and every machine in the enterprise would be replete with sensors. Instead, IoT lags behind most of the other technologies in our Technology Trends study in terms of new investment.

  June, 2023

• Communications Staffing Ratio Falls Despite Growing Complexity

  Hybrid work is making corporate communications systems more complicated as cloud-based communications solutions and the advancing presence of AI reshape the role of communications support staff members. Nevertheless, IT organizations have been able to manage this growing complexity without adding to communications systems support staffing. This Research Byte provides a summary of our full report on communications support staffing ratios.

  June, 2023

• Communications System Support Staffing Ratios 2023

  Hybrid work is making communications support more complicated, as workers move beyond email and texting to video conferencing and enterprise social media groups. Because of the rise of consumerization, employees and customers are demanding more immersive experiences, even virtual reality. Cloud-based communication and the rise of artificial intelligence are also changing the role of the communications support staff members. All of this is set to put greater demands on corporate communications in 2023.

  June, 2023