Mega Trends of 2020 in Business Data Process Outsourcing

ODAMCO 0100 Ensuring Success. Always Mega Trends of 2020 In Business Data Processing Outsourcing Owing to digital transformation and technology revolution, the outsourcing industry is expanding its horizons. It is an intelligent combination of people, process and technology. This means that the new definition of outsourcing is technical accuracy and human innovation clubbed with automated efficiency working altogether to deliver the best quality outputs. Trend #1 Cloud-Based Management Platforms 01 A report by Gartner, states that the worldwide public cloud services market is expected to further expand by 17% in 2020 to $266.4 billion, up from $227.8 billion in 2019. It is further projected that the cloud-enhanced solutions will take over the next generation outsourced business data processing. Trend #2 Reinvention and Innovation As more and more companies resort to offshoring several components of their non-core activities, the third-party service providers have begun to offer a range of customized solutions that cater to diverse business requirements - from custom-built automation robots to cloud-based collaboration. 02 Trend #3: Al and Machine Learning 03 Artificial Intelligence and Machine Learning are slowly becoming must-have technologies for every industry and outsourcing vertical is no different. The implementation of Al and ML to various functions, such as data entry and processing, has automated and streamlined the entire data pipeline. https://www.damcogroup.com/data-processing-company.html CORREE