There is considerable volatility in the market these days. Many are listing risks in their earnings releases related to inflation, recession, FX, interest rates, supply chain challenges, cost of capital, geopolitical risks and talent availability. We've seen numerous enterprises restate their full year 2022 guidance - with some announcing significant layoffs. This disruption will likely lead to increased M&A and market consolidation.
When you’re under budget pressure, you have to find smart ways to get lean, drive operational efficiency and manage risks.
Cost optimization allows you to:
Immediately assessing and taking action on these critical areas will drive the results needed to position your enterprise for short and long-term success. ISG can help enterprises identify drive costs savings:
Our global ISG Buyer Behavior Study, conducted in February 2023, asked more than 250 executives about their cost optimization plans and the expected impacts.
Watch this ISG Thinks™ video to learn why building a comprehensive cost optimization strategy can make you more competitive in the digital era.
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