Business process

Healthcare Business Process Outsourcing (BPO) Market Growth Forecast 2028 by BCC Research Analyst

Retrieved on: 
Friday, January 12, 2024

BOSTON, Jan. 12, 2024 /PRNewswire/ -- Healthcare Business Process Outsourcing (BPO) is a strategic practice within the healthcare industry where specific business processes are delegated to external service providers. This outsourcing model enables healthcare organizations to focus on their core competencies while accessing specialized expertise in various services, including customer support, appointment scheduling, billing, claims processing, and data management. The Healthcare BPO Market encompasses a diverse range of outsourcing services tailored to meet the unique needs of healthcare providers, payers, and life sciences organizations. As the demand for cost-effective and scalable solutions continues to grow, the Healthcare BPO Market plays a pivotal role in enhancing operational efficiency, reducing overhead costs, and adapting to the evolving landscape of healthcare administration.

Key Points: 
  • Projected Surge: Global Healthcare Business Process Outsourcing (BPO) Market Expected to Soar from $151.9 Billion in 2022 to $259.5 Billion by 2028, Reflecting a 9.7% Compound Annual Growth Rate (CAGR) – Latest BCC Research Study
    BOSTON, Jan. 12, 2024 /PRNewswire/ -- Healthcare Business Process Outsourcing (BPO) is a strategic practice within the healthcare industry where specific business processes are delegated to external service providers.
  • According to the latest BCC Research study, the demand for Global Healthcare Business Process Outsourcing (BPO) Market is estimated to increase from $151.9 billion in 2022 to reach $259.5 billion by 2028, at a compound annual growth rate (CAGR) of 9.7% from 2022 through 2028.
  • This comprehensive report delves into various product areas within the healthcare Business Process Outsourcing (BPO) market, presenting individual product segments in terms of market size and revenue trends.
  • Rising Clinical Process Outsourcing: A notable trend shaping the healthcare BPO market is the surge in clinical process outsourcing.

Limitless Tire Shatters Sales Records with New E-Commerce Platform

Retrieved on: 
Thursday, December 7, 2023

For the past eight years, Big Uproar has been the trusted Business Process Outsourcing (BPO) partner of Limitless Tire, handling all its marketing, branding, and sales initiatives.

Key Points: 
  • For the past eight years, Big Uproar has been the trusted Business Process Outsourcing (BPO) partner of Limitless Tire, handling all its marketing, branding, and sales initiatives.
  • "Our record-breaking sales are a clear indicator of the effectiveness of our new e-commerce platform and the invaluable support we've received from Big Uproar," said Faisal Mohammad, a partner at Limitless Tire.
  • This innovative approach benefits both Limitless Tire and the participating businesses financially: Limitless Tire retains 10% of the total bill, while the business earns a 20% commission, a highly competitive rate in the market.
  • For more information about Limitless Tire and to experience the innovative e-commerce platform, please visit Limitless Tire's website .

Collections Industry Increasing Communications Channels, Diversifying Areas of Business

Retrieved on: 
Wednesday, December 6, 2023

Companies recognize the need to gain accounts and expand into new areas of business in order to grow.

Key Points: 
  • Companies recognize the need to gain accounts and expand into new areas of business in order to grow.
  • The report found that 58% are between moderately and extremely concerned about growing their businesses.
  • Within the next 12 months, 17% of third-party collections companies plan to expand into the FinTech/unsecured consumer lending market, while 12% plan to offer BPO services.
  • For full details, including findings related to industry challenges and liquidation rates, read the report here .

Business Process Management Market to Surpass US$ 38.62 billion by 2030 - Exclusive Report by Coherent Market Insights

Retrieved on: 
Thursday, December 28, 2023

The Business Process Management market is expected to experience high growth due to the increased demand for digital transformation initiatives across various industries.

Key Points: 
  • The Business Process Management market is expected to experience high growth due to the increased demand for digital transformation initiatives across various industries.
  • BPM solutions enable organizations to automate and optimize their business processes, leading to reduced costs, minimized errors, and increased productivity.
  • The shift toward digitalization and the need to stay competitive in the market are the primary drivers for the growth of the BPM market.
  • The ease of deployment and management of cloud-based BPM solutions contribute to their rising popularity among organizations.

Business Process Management Market to Surpass US$ 38.62 billion by 2030 - Exclusive Report by Coherent Market Insights

Retrieved on: 
Thursday, December 28, 2023

BURLINGAME, Calif., Dec. 27, 2023 /PRNewswire/ -- The Business Process Management Market is expected to grow from USD 16.21 billion in 2023 to USD 38.62 billion by 2030, at a CAGR of 13.2% during the forecast period according to a new report by Coherent Market Insights.

Key Points: 
  • BURLINGAME, Calif., Dec. 27, 2023 /PRNewswire/ -- The Business Process Management Market is expected to grow from USD 16.21 billion in 2023 to USD 38.62 billion by 2030, at a CAGR of 13.2% during the forecast period according to a new report by Coherent Market Insights.
  • The Business Process Management market is expected to experience high growth due to the increased demand for digital transformation initiatives across various industries.
  • BPM solutions enable organizations to automate and optimize their business processes, leading to reduced costs, minimized errors, and increased productivity.
  • The shift toward digitalization and the need to stay competitive in the market are the primary drivers for the growth of the BPM market.

ITCube Solutions Recognized as "Best Place to Work" at Go Global Awards 2023

Retrieved on: 
Saturday, December 23, 2023

CINCINNATI, Dec. 23, 2023 /PRNewswire-PRWeb/ -- The Go Global Awards is a three-day event hosted every year, to honor and celebrate the companies that drive the economy forward through their services, strategies and innovations. This year the event was jointly hosted by the Rhode Island Commerce Corporation, an official Economic Development Organization of the Government of Rhode Island and the International Trade Council, a peak-body chamber of commerce, promoting international trade, having members in 179 countries.

Key Points: 
  • ITCube Solutions was recognized as the "Future of Work- Best Place to Work" at the Go Global Awards 2023 held at Providence, RI, organized by Rhode Island Commerce and the International Trade Council.
  • ITCube Solutions was recognized as the 'Future of Work- Best Place to Work' at the Go Global Awards 2023, organized by Rhode Island Commerce and the International Trade Council.
  • ITCube Solutions Inc ., a well-established Global Software and Business Process Outsourcing Service Provider, was also invited to the event and was honored with the prestigious "Future of Work- Best Place to Work" award.
  • Anil Rajadhyaksha , Managing Director, ITCube Solutions Inc. added, "ITCube earning this title, among diverse organizations coming from 83 countries, is a matter of pride for us.

Tatu City, Kenya, Makes Over 100 Strategic New Hires in 2023 as Growth Surges

Retrieved on: 
Wednesday, December 20, 2023

TATU CITY, Kenya, Dec. 20, 2023 /PRNewswire/ -- Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, has strengthened its workforce with over 100 key appointments in 2023 as businesses and homeowners from Kenya and around the world flock to join its growing ecosystem.

Key Points: 
  • Tatu City is now home to over 78 businesses providing employment opportunities to 15,000 workers, with thousands more jobs to follow in 2024.
  • Over 4,500 pupils and students attend Tatu City's schools which include Crawford International School and Nova Pioneer Primary and Secondary.
  • In line with its commitment to fostering sustainable economic growth and positively impacting the local community, Tatu City is investing in a NITA-certified Tatu City Training Academy.
  • Since its inception, the Tatu City Training Academy has positively impacted the lives of over 500 young people, with more than 80% securing employment within Tatu City.

Tatu City, Kenya, Makes Over 100 Strategic New Hires in 2023 as Growth Surges

Retrieved on: 
Wednesday, December 20, 2023

TATU CITY, Kenya, Dec. 20, 2023 /PRNewswire/ -- Tatu City, the 5,000-acre mixed-use Special Economic Zone (SEZ) on Nairobi's doorstep, has strengthened its workforce with over 100 key appointments in 2023 as businesses and homeowners from Kenya and around the world flock to join its growing ecosystem.

Key Points: 
  • Tatu City is now home to over 78 businesses providing employment opportunities to 15,000 workers, with thousands more jobs to follow in 2024.
  • Over 4,500 pupils and students attend Tatu City's schools which include Crawford International School and Nova Pioneer Primary and Secondary.
  • In line with its commitment to fostering sustainable economic growth and positively impacting the local community, Tatu City is investing in a NITA-certified Tatu City Training Academy.
  • Since its inception, the Tatu City Training Academy has positively impacted the lives of over 500 young people, with more than 80% securing employment within Tatu City.

Konica Minolta Partners with OPEX to Expand Mail and Document Automation Solutions to Customers Across North America

Retrieved on: 
Thursday, November 16, 2023

Ramsey, NJ, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today announced it has entered into a channel partner agreement with OPEX® Corporation (OPEX) to list and resell OPEX imaging and document management solutions to customers across North America.

Key Points: 
  • Ramsey, NJ, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today announced it has entered into a channel partner agreement with OPEX® Corporation (OPEX) to list and resell OPEX imaging and document management solutions to customers across North America.
  • OPEX is a global leader in Next Generation Automation, providing solutions for document, mail and warehouse automation.
  • “OPEX products are designed around increasing speed and throughput while reducing manual document prep,” said Ron Thompson Jr, Vice President and General Manager, Intelligent Information Management, Konica Minolta.
  • OPEX continuously reimagines automation technology to help clients solve their most significant business challenges, today and in the future.

Global Business Process Outsourcing (BPO) Strategic Industry Report 2023: Market to Reach $477.7 Billion by 2030 - Implementation Across Diverse Sectors to Sustain Long-Term Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 13, 2023

The "Business Process Outsourcing (BPO) - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Business Process Outsourcing (BPO) - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
  • The global market for Business Process Outsourcing (BPO) estimated at US$292.3 Billion in the year 2022, is projected to reach a revised size of US$477.7 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030.
  • This report examines the dynamic landscape of the Business Process Outsourcing (BPO) industry in 2023, shedding light on the significant changes influenced by the COVID-19 pandemic.
  • The competitive market presence section assesses the strength and activity of key players in the global BPO arena and provides insights into market share trends.