#cloud based core banking

[hi-ma-ni]

BPO Companies: How to Choose the Best BPO Company in India?

Today, business process outsourcing has become a growing trend. With so much data and consumers to manage, corporate confidence in Best BPO Company has grown over the years. India's IT and BPO services sector has grown rapidly since its inception in the mid-1990s and today has a turnover of US$37.6 billion. The Indian BPO market has grown due to economies of scale, reduced business risk, cost advantages, improved utilization, and superior experience. Among competitors such as Australia, China, the Philippines, and Ireland, India is now the world's leading hub for the consumption of BPO services. India's immense popularity as a global outsourcing destination is due to the country's low labor costs and a large pool of skilled and skilled workers gave an opportunity to companies like Ascent BPO to provide better services at reasonable prices.

But since many organizations in India offer quality data entry services, companies only need to choose the best ones after they have done their homework. Look on our website to learn how to choose the Best BPO Company like us.

What is business process deploying or outsourcing (BPO)?

Before we get started, we want to give our audience an overview of what a BPO is. Business process outsourcing companies provide services that allow companies to focus on their core business. Let us consider this problem in detail. You may not have the time or resources for a separate organization that you can trust to handle other aspects of your business. These other aspects can be anything from call center operations, marketing, SEO, finance to human resource activities. The sky is the limit. Now that business process outsourcing has sparked some interest, let's explain what to look for in the Best BPO company.

Some Best BPO company are given below:

Tata Consulting Services:

Tata Consulting Services (TCS) is the second-best outsourcing firm in India. TCS is an organization based in Mumbai in Bangalore. TCS provides trading services, platform solutions, analytics, information services, and more. TCS has more than 400,000 employees in India and thousands of employees in other parts of the world. Tata Advisory Services will generate revenue of approximately $23 billion in 2020.

Wipro:

Wipro is a leading multinational company providing IT services, consulting, and business operations. They serve their clients by applying their expertise in cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies.

Ascent BPO

Ascent BPO manages multiple streams such as data entry services, data entry projects, data entry processing, web research, financial accounting, and call center services. Get the best outsourcing service at the lowest possible price here. Wide access to major Indian metropolitan areas such as Delhi and Mumbai, as well as other major cities in India such as Bangalore, Chennai, and Kolkata.

First source solution:

Firstsource Solution is a leading provider of customized Business Process Management (BPM) services to the banking and financial, customer service, telecom, media, and health industries. It is headquartered in Mumbai, and also has operations in the United States, United Kingdom, and the Philippines. In addition, Firstsource Solutions recently won Gold and Silver Awards at the UK Complaint Management Awards 2020.

UrbanTimer:

UrbanTimer is a VA company based in Kolkata. Believing that your experience will be "the best in your business," the company offers administrative support, customer service, content creation, graphic design, project management, QuickBooks services, startups, and more.

Professional BPO Qualifications: What To Look For?

Companies considering working with a BPO company should know what to look for in potential partners. If you're wondering how to find the most qualified BPO company like Ascent BPO, a few key qualifications are good indicators that you're doing business with experienced professionals:

1.    Proven experience:

Your business processes should not be executed by ordinary people. One of the most important qualifications for Best BPO company is proven experience in the industry. Excellent customer testimonials show that your business has been treated similarly.

2.    Specialized Services:

We offer a variety of functions and processes, and specialized services demonstrate expertise. If you're wondering how to find the most qualified BPO company, it's a good sign to find a company that specializes in a field similar to yours.

3.    Reliability and Security:

Because Ascent BPO handles confidential and proprietary company information, you want to ensure that your BPO company's data security measures are in place. If you can tell that a BPO company values ??reliability and security, you know your data is safe.

4.    Focus on Metrics:

Being data-driven is one of the most important skills a BPO company should look for. A metrics-driven BPO company tests and shows clients how it is performing.

5.    Transparency:

Transparency is an important factor if you want to know how to find the most qualified BPO company. If a BPO company doesn't seem honest or transparent, you won't be satisfied with their work.

You should browse through the above-given details about BPO companies to find the most qualified BPO company. These elements will help you determine which BPO company is the best fit for your business.

Resource:https://www.ascentbpo.com/bpo-companies

Useful Links:

[masllp]

Streamline Your Business with Outsource bookkeeping services in USA by MAS LLP

Introduction: In today's fast-paced business environment, staying on top of your financial records is crucial. However, managing bookkeeping in-house can be time-consuming and costly. That's where outsource bookkeeping services come into play. If you're looking to Outsource bookkeeping services in USA, MAS LLP offers comprehensive solutions designed to meet your business needs. In this blog, we'll explore the benefits of outsourcing bookkeeping and how MAS LLP can help streamline your financial operations.

The Benefits of Outsourcing Bookkeeping Services

Cost Savings Outsourcing bookkeeping can significantly reduce your overhead costs. By partnering with MAS LLP, you eliminate the need for hiring full-time staff, training expenses, and costly accounting software. This allows you to allocate resources more efficiently and invest in other critical areas of your business.

Expertise and Accuracy At MAS LLP, our team of professional bookkeepers possesses extensive experience and knowledge in managing financial records. We ensure that your books are accurate, up-to-date, and compliant with the latest regulations. With our expertise, you can avoid costly errors and ensure your financial data is reliable.

Time Efficiency Outsourcing bookkeeping frees up valuable time for you and your team. Instead of spending hours on data entry and financial reconciliations, you can focus on core business activities such as sales, marketing, and customer service. MAS LLP takes care of your bookkeeping needs, allowing you to concentrate on growing your business.

Scalability As your business grows, so do your bookkeeping needs. MAS LLP provides scalable solutions that can adapt to your changing requirements. Whether you're a startup or a large corporation, our services can be tailored to meet the demands of your business at every stage.

Advanced Technology MAS LLP utilizes cutting-edge accounting software and technology to streamline bookkeeping processes. Our cloud-based solutions offer real-time access to your financial data, ensuring transparency and enabling you to make informed decisions quickly. Why Choose MAS LLP for Outsource bookkeeping services in USA?

Comprehensive Services MAS LLP offers a wide range of bookkeeping services, including accounts payable and receivable, bank reconciliations, financial statement preparation, payroll processing, and tax filing. Our comprehensive approach ensures that all aspects of your financial management are covered.

Customized Solutions We understand that every business is unique. MAS LLP provides customized bookkeeping solutions tailored to your specific needs and industry requirements. Our personalized approach ensures that you receive the support necessary to achieve your financial goals.

Reliable Support At MAS LLP, we pride ourselves on delivering exceptional customer service. Our dedicated team is always available to address your queries and provide the support you need. We build strong relationships with our clients, ensuring that your business receives the attention it deserves.

Compliance and Security Maintaining compliance with financial regulations is critical for any business. MAS LLP ensures that your financial records are in line with the latest standards and regulations. Additionally, we prioritize data security, employing robust measures to protect your sensitive financial information. How to Get Started with MAS LLP Getting started with MAS LLP's outsource bookkeeping services is simple. Here's a step-by-step guide: Initial Consultation: Contact us to schedule a consultation. We'll discuss your business needs and determine how our services can best support you. Customized Plan: Based on our discussion, we'll create a customized bookkeeping plan tailored to your specific requirements. Onboarding: Our team will guide you through the onboarding process, ensuring a smooth transition to our services. Ongoing Support: Once onboard, you'll receive continuous support and regular updates on your financial records. Conclusion Outsource bookkeeping services in USA with MAS LLP can transform the way you manage your business finances. With cost savings, expert accuracy, time efficiency, and scalability, our services offer a strategic advantage for businesses of all sizes. Contact MAS LLP today to learn more about how we can streamline your financial operations and help your business thrive.

[margbooks]

What is the best web-based enterprise accounting software?

In the fast-paced and ever-evolving landscape of business, staying on top of your finances is crucial. As enterprises expand their operations, managing accounts efficiently becomes a daunting task. Thankfully, with the advent of technology, businesses now have access to a plethora of web-based enterprise accounting software options to streamline their financial processes. In this comprehensive guide, we will explore the ins and outs of web-based enterprise accounting software, helping you make an informed decision on the best solution for your business needs.

Understanding Web-Based Enterprise Accounting Software

Web-based enterprise accounting software, often referred to as cloud accounting software, is a digital solution that allows businesses to manage their financial activities online. Unlike traditional accounting systems that rely on on-premise software, web-based accounting tools operate in the cloud, offering users the flexibility to access their financial data from anywhere with an internet connection.

Advantages of Web-Based Enterprise Accounting Software

1. Accessibility

One of the primary advantages of web-based accounting software is accessibility. With data stored securely in the cloud, users can access their financial information anytime, anywhere. This proves especially beneficial for enterprises with multiple locations or remote teams, fostering collaboration and efficiency.

2. Cost Efficiency

Web-based accounting solutions often follow a subscription-based model, eliminating the need for costly upfront investments in software and hardware. This cost-effective approach makes it easier for businesses to scale their accounting infrastructure according to their needs without breaking the bank.

3. Real-Time Updates

In the dynamic world of business, real-time data is invaluable. Web-based accounting software provides instant updates, ensuring that users have access to the most recent financial information. This feature is crucial for making informed decisions and adapting to market changes promptly.

4. Automatic Updates and Maintenance

Gone are the days of manual software updates and maintenance. With web-based accounting solutions, updates are automatic, and maintenance is handled by the service provider. This frees up valuable time for businesses to focus on core operations rather than managing software updates.

Features to Look for in Web-Based Enterprise Accounting Software

1. User-Friendly Interface

A user-friendly interface is essential for ensuring that your team can navigate the software seamlessly. Look for solutions with intuitive dashboards and easy-to-understand features to minimize the learning curve for your staff.

2. Scalability

As your enterprise grows, so do your accounting needs. Choose a web-based accounting solution that can scale with your business, accommodating increased transaction volumes and additional users without compromising performance.

3. Integration Capabilities

Efficient accounting doesn't happen in isolation. Ensure that the web-based accounting software you choose integrates seamlessly with other essential business tools, such as CRM systems, project management software, and e-commerce platforms.

4. Security

The security of your financial data should be a top priority. Opt for web-based accounting software that employs robust encryption protocols and follows industry best practices for data protection. Additionally, check for features such as multi-factor authentication to add an extra layer of security.

Top Contenders in the Web-Based Enterprise Accounting Software Market

1. MargBooks

MargBooks Online is a India's popular online accounting solution known for its user-friendly interface and robust features. It offers a range of plans to suit businesses of all sizes and provides tools for invoicing, expense tracking, and financial reporting.

2. Xero

Xero is another cloud accounting software that caters to small and medium-sized enterprises. With features like bank reconciliation, inventory management, and payroll integration, Xero is a comprehensive solution for businesses looking to streamline their financial processes.

3. NetSuite

NetSuite, owned by Oracle, is a cloud-based ERP (Enterprise Resource Planning) solution that includes robust accounting functionalities. It is suitable for larger enterprises with complex financial needs and offers features such as financial planning, revenue recognition, and multi-currency support.

4. Zoho Books

Zoho Books is part of the Zoho suite of business applications and is designed for small and medium-sized enterprises. It provides features such as automated workflows, project billing, and collaborative client portals, making it a versatile choice for businesses with diverse needs.

Making the Right Choice for Your Business

Choosing the best web-based enterprise accounting software for your business requires careful consideration of your specific needs and objectives. Here are some steps to guide you through the decision-making process:

1. Assess Your Business Requirements

Start by identifying your business's specific accounting requirements. Consider factors such as the number of users, the complexity of your financial transactions, and the need for integration with other business applications.

2. Set a Budget

Determine a realistic budget for your accounting software. While web-based solutions often offer cost savings compared to traditional software, it's essential to choose a solution that aligns with your financial resources.

3. Explore Free Trials

Many web-based accounting software providers offer free trials of their platforms. Take advantage of these trials to explore the features and functionalities of different solutions before making a commitment.

4. Seek Recommendations and Reviews

Consult with other businesses in your industry or network to gather recommendations and insights. Additionally, read reviews from reputable sources to gain a better understanding of the user experiences with different accounting software options.

The Evolution of Web-Based Enterprise Accounting Software

As technology continues to advance, so does the landscape of web-based enterprise accounting software. The evolution of these platforms is driven by the ever-changing needs of businesses and the ongoing developments in cloud technology. Let's delve deeper into the evolving trends shaping the future of web-based accounting solutions.

1. Artificial Intelligence (AI) and Automation

The integration of artificial intelligence and automation is revolutionizing how businesses handle their financial processes. Modern web-based accounting software is incorporating AI algorithms to automate repetitive tasks, such as data entry and invoice categorization. This not only increases efficiency but also minimizes the risk of human error.

2. Enhanced Data Analytics

In the age of big data, the ability to derive meaningful insights from financial data is paramount. Advanced web-based accounting solutions are now equipped with powerful data analytics tools. These tools help businesses analyze trends, forecast future financial scenarios, and make data-driven decisions.

3. Mobile Accessibility

The shift towards mobile accessibility is a notable trend in web-based enterprise accounting software. Businesses are increasingly relying on mobile devices for day-to-day operations, and accounting software providers are responding by offering mobile-friendly applications. This allows users to manage their finances on the go, providing unparalleled flexibility.

4. Integration with E-Commerce Platforms

As e-commerce continues to thrive, businesses are looking for accounting solutions that seamlessly integrate with their online sales platforms. Modern web-based accounting software often includes features tailored for e-commerce, such as automated transaction reconciliation with online sales channels and inventory management.

5. Blockchain Technology

Blockchain technology is making waves in various industries, and accounting is no exception. Some web-based accounting solutions are exploring the integration of blockchain for enhanced security and transparency in financial transactions. This could revolutionize how businesses handle aspects like auditing and transaction verification.

Common Challenges and How to Overcome Them

While web-based enterprise accounting software offers numerous benefits, it's important to be aware of potential challenges and how to overcome them. Here are some common issues businesses may face:

1. Security Concerns

The sensitive nature of financial data raises concerns about security in the cloud. To address this, choose a web-based accounting solution that employs robust encryption protocols and complies with industry security standards. Additionally, educate your team about best practices for secure online behavior.

2. Connectivity Issues

Reliable internet connectivity is crucial for accessing web-based accounting software. In regions with unstable internet connections, businesses may face challenges in real-time collaboration and data accessibility. Consider implementing backup solutions for offline access or explore accounting software with offline capabilities.

3. Customization Needs

Every business has unique accounting requirements. Some businesses may find that certain web-based accounting solutions lack the level of customization they need. In such cases, explore platforms that offer extensive customization options or consider integrating additional specialized accounting tools.

4. Data Ownership and Control

Understanding the terms of service and data ownership is essential when using web-based accounting software. Ensure that the chosen platform allows you to retain control over your financial data and provides mechanisms for data export in case of migration to a different system.

Conclusion: Making the Right Choice for Long-Term Success

In the fast-paced world of business, the right web-based enterprise accounting software can be a game-changer. Whether you're a small startup or a large enterprise, the key is to stay informed about the latest advancements in accounting technology and align your choice with the long-term goals of your business.

As you navigate the vast landscape of web-based accounting solutions, remember that the best choice is the one that seamlessly integrates with your business processes, enhances efficiency, and adapts to the evolving needs of your enterprise. If you have any specific questions or need further guidance on a particular aspect of web-based accounting software, feel free to ask for more information!

Also read- Online billing and accounting software to manage your business

[itoss]

ITOSS Solutions SAP Business One Partner

ITOSS Solutions SAP Partner provides end-to-end detailing, implementation, and support for the SAP® Business One® ERP Solution, the affordable ERP, which is fully capable of addressing current as well as future requirements of business process automation – digital transformation. 

ITOSS Solutions is a rapidly growing Information Technology-driven Best SAP Business One Partner in Delhi (NCR), offering business solutions to clients spanning a range of industry verticals including Machinery & Equipment, Manufacturing, Retail, Dairy Industry, Automotive, Hi-Tech Industries, Pharmaceuticals, Insurance, Education, Legal Services, Electricity Utility, Trading, and others. 

ITOSS Solutions is an SAP Awarded best in class partner for SAP B1 implementation based in Delhi (NCR), successfully supporting customers all over India. SAP Business One enables you to manage the entire business process be it procurement, sales quotation, order management, production, inventory management, financial management, banking, dispatch/delivery, after sales support, project management, resource management, reports and analytics, CRM and business intelligence. SAP Business One is the affordable way to manage your entire business with on-premise or remote access.

SAP Business One increases visibility into every aspect of your manufacturing operations and solves your most frustrating production challenges. Efficiently manage the core business functions from accounting and financials, purchasing, inventory, sales and customer relationships to reporting and analytics.

On-premise or cloud deployment Integrated business intelligence Integration with the SAP HANA platform Quick deployment

[jcmarchi]

How GenAI is Shaping the Future of Business: Key Insights from NTT DATA’s 2025 Report

New Post has been published on https://thedigitalinsider.com/how-genai-is-shaping-the-future-of-business-key-insights-from-ntt-datas-2025-report/

How GenAI is Shaping the Future of Business: Key Insights from NTT DATA’s 2025 Report

NTT DATA’s latest Global GenAI Report, based on an expansive survey of 2,307 executives across 34 countries, provides an in-depth look at how Generative AI (GenAI) is redefining business landscapes in 2025. With respondents spanning 12 industries—including automotive, banking, healthcare, and manufacturing—this report sheds light on the transformative potential and challenges of GenAI as organizations move beyond experimentation to integration. Covering global markets from North America to Asia-Pacific, the findings offer a clear view of GenAI’s impact across strategy, workforce, technology, ethics, and sustainability.

GenAI Sentiment: Hype vs. Reality

A decisive 96% of C-suite executives see GenAI as a revolutionary technology with long-term potential, yet there is some skepticism about immediate ROI. While nearly half of respondents remain cautious about the immediate benefits, 68% express optimism about GenAI’s potential to transform industries. Notably, 97% of organizations are actively planning further investments, underscoring the shift from viewing GenAI as a “nice-to-have” to a critical strategic asset.

Strategic Transformation: Moving from Experimentation to Core Strategy

One of the report’s most notable insights is the shift from fragmented experimentation to intentional, focused GenAI strategies. While 83% of respondents report having a defined GenAI strategy, 49% have yet to align it fully with overall business goals. Key drivers motivating GenAI adoption include:

Productivity Gains: Nearly all CEOs (96%) believe that GenAI will boost productivity.

Improved Compliance: 80% of organizations aim to enhance process adherence and regulatory compliance through GenAI.

Enhanced Customer and Employee Experiences: The top focus areas for GenAI include personalized service, employee support, and improved compliance.

Operational Efficiency: GenAI applications in automation and process improvements are a priority across sectors.

Industry-specific motivations vary, but many share a focus on productivity, compliance, and experience optimization. For instance, automotive companies are prioritizing quality control, risk assessment, and automation, while banking and investment sectors focus on risk management and fraud detection.

Building Dedicated GenAI Teams

Organizations investing in dedicated GenAI teams report significantly higher satisfaction with their AI efforts. Nearly 80% of respondents say they have either established or are building expert GenAI teams. Notably, those with established GenAI teams are three times more likely to express satisfaction compared to those still in planning phases. The government, insurance, and life sciences sectors are leaders in building these expert teams, while education and retail have slower adoption rates. Companies are actively recognizing that expertise in GenAI is crucial for successful, scalable implementations.

Technological Challenges: Infrastructure Gaps and the Need for Cloud Solutions

Technological limitations, especially around legacy systems, present major hurdles. Outdated infrastructure is a notable obstacle, with 90% of respondents indicating that legacy systems are constraining their GenAI potential. Only 45% feel strongly that they currently have the necessary infrastructure to support GenAI. Cloud solutions emerge as the favored approach, with 81% of respondents viewing them as essential for scalable, efficient GenAI applications. CIOs and CTOs are re-evaluating IT architectures, particularly edge and cloud computing, to keep up with the increasing demands of GenAI.

Security and Ethical Concerns: Balancing Innovation with Responsibility

As GenAI grows more integrated into enterprise functions, ethical considerations and security risks are becoming top concerns. Security is a primary worry, with 89% of C-suite executives expressing concern about the security risks associated with GenAI. Only 45% report that their cybersecurity and GenAI strategies are fully aligned, highlighting a gap that companies must address to balance risk and innovation. Leadership accountability is also emerging as a priority, with 82% of respondents emphasizing the need for a named executive responsible for GenAI ethics and governance.

Workforce Impact: Training and Upskilling in the Age of GenAI

A key challenge revealed in the report is a skills gap: two-thirds of organizations acknowledge that employees currently lack the skills to fully leverage GenAI. To address this, over half of the companies surveyed are investing in GenAI-specific training. Notably, organizations investing in employee upskilling have reported substantial improvements in employee satisfaction and retention, with 93% stating that GenAI deployments have positively impacted these metrics.

In terms of specific skill development, 64% of respondents highlight in-house GenAI development skills as a critical need, and top-performing organizations are actively building these competencies. Additionally, tools like predictive analytics, decision management systems, and AI-powered chatbots are among the most commonly planned GenAI solutions aimed at enhancing employee experience.

Sustainability and GenAI: Balancing Environmental Impact with Innovation

While GenAI brings productivity gains, its high resource demands often conflict with sustainability goals. According to the report, three-quarters of respondents believe that their GenAI goals are at odds with sustainability objectives, particularly due to the energy-intensive nature of GenAI operations. Although 94% of respondents support using renewable energy sources for GenAI, 75% acknowledge a misalignment between GenAI and sustainability strategies. This conflict highlights the importance of finding environmentally responsible approaches to GenAI implementation, including energy-efficient data management practices.

Future Outlook: Small Language Models, Multimodal Approaches, and AI Agents

Looking ahead, the report indicates that GenAI’s next phase will involve small language models (SLMs) and multimodal AI approaches to refine decision-making and predictive accuracy. There is a growing interest in “agentics,” a field where AI-driven agents tackle complex problem-solving tasks independently. As the technology matures, organizations are focusing on developing GenAI applications that not only automate but also solve complex problems autonomously.

Key Recommendations for Organizations to Navigate the GenAI Landscape

To succeed with GenAI, NTT DATA recommends that organizations focus on several key areas:

Strategic Alignment: Ensure that GenAI strategies are fully integrated with overall business objectives.

Infrastructure Modernization: Upgrade IT infrastructure to support scalable GenAI applications, particularly through cloud-native solutions.

Workforce Development: Invest in training and upskilling to equip employees with GenAI capabilities.

Ethics and Governance: Establish strong governance frameworks, including a dedicated GenAI ethics executive, to guide responsible AI use.

Sustainability Goals: Align GenAI objectives with sustainability initiatives to ensure environmentally responsible use.

Conclusion

NTT DATA’s 2025 Global GenAI Report offers a comprehensive examination of how GenAI is reshaping industries worldwide. From addressing legacy infrastructure challenges and ethical considerations to closing skills gaps and aligning with sustainability, the findings underscore GenAI’s complex and transformative impact. For organizations looking to leverage GenAI effectively, the focus must remain on integration, governance, and continual assessment of both the opportunities and challenges that this powerful technology presents.

[industrynewsupdates]

Key Players in Telecom API Market: A Competitive Landscape Overview

The global telecom API market was valued at USD 185.11 billion in 2022 and is projected to grow at a robust compound annual growth rate (CAGR) of 21.3% from 2023 to 2030. Telecom APIs (Application Programming Interfaces) are integral to managing various web-based services such as cloud computing, banking, and identity management within the telecom industry. These APIs facilitate the organization of programming instructions and adhere to standard protocols, enabling the seamless operation of telecom software solutions. The growing adoption of telecom APIs is helping to optimize system performance and provide cost-effective solutions by improving the functionality of existing web-based applications.

Telecom APIs are crucial because they offer agility in the development of mobile applications. By acting as a bridge between different software systems, these APIs allow developers to focus on building the core functionalities of their applications, rather than reinventing the wheel to create communication protocols from scratch. This significantly reduces the time, effort, and cost required for mobile app development.

Telecom APIs are revolutionizing the telecom sector by improving the flexibility and scalability of telecom systems. The ability to easily connect various applications, devices, and services enhances operational efficiency and enables businesses to rapidly deploy new services to their customers. As more industries and sectors adopt IoT technologies, the telecom API market will continue to expand at a phenomenal rate, providing significant growth opportunities for both telecom operators and technology providers.

In conclusion, the growing adoption of IoT, wearable devices, and cloud-based solutions are set to drive the telecom API market to new heights, with an anticipated CAGR of 21.3% from 2023 to 2030. The continuous need for seamless connectivity, cost-effective solutions, and efficient system integration will be key factors propelling market growth over the forecast period.

Gather more insights about the market drivers, restrains and growth of the Telecom API Market

Regional Insights

North America

In 2022, North America held the largest market share in the Telecom API market, accounting for over 29% of the total market revenue during the forecast period. This growth can be attributed to the strong presence of major market players in the region, including global technology giants like Broadcom, AT&T Intellectual Property, Google, and Oracle Corporation, among others. These companies are key contributors to the development and adoption of telecom API solutions, enhancing the region’s dominance in the market.

Additionally, the adoption of advanced network technologies, such as 4G and the ongoing improvements in 5G technology, has been a significant factor driving the high growth of telecom APIs in North America. With the integration of 4G and 5G networks, telecom APIs are enabling faster and more efficient communication services. These technologies facilitate a wide range of services, such as voice and video calls, as well as video and speech integration services. By using telecom APIs in conjunction with 4G/5G technologies, businesses can deliver more robust and high-quality services, leading to increased productivity and customer satisfaction.

Furthermore, as 5G networks continue to expand, telecom APIs will play a critical role in managing the large volumes of data and ensuring the efficient functioning of communication services. The North American market is expected to maintain strong growth as demand for enhanced connectivity and performance increases.

Asia Pacific

The Asia Pacific region is projected to be one of the most attractive markets for telecom APIs, driven by several factors, including the rapid increase in mobile subscribers and the growing adoption of 5G technologies. The region is experiencing the fastest compound annual growth rate (CAGR) of over 25.1% from 2023 to 2030, reflecting the strong momentum of market expansion.

According to a report by GSMA, as of 2021, there were more than 1.2 billion mobile internet users in Asia Pacific. This number is expected to grow to 1.5 billion by 2025, further boosting demand for telecom APIs. The growing number of mobile users across countries like China, India, and Japan, combined with the rapid rollout of 5G networks, is creating ample opportunities for telecom API providers to offer innovative solutions that cater to the increasing need for fast, reliable communication.

With the rise of mobile internet users, there is also a surge in the demand for services that rely on mobile networks, including mobile banking, IoT applications, digital entertainment, and e-commerce. Telecom APIs are central to the success of these services, as they provide the necessary interface to connect users, devices, and applications seamlessly.

The adoption of 5G technology is expected to significantly enhance the capabilities of telecom APIs, enabling more efficient data transmission, low-latency communication, and the integration of advanced technologies like augmented reality (AR), virtual reality (VR), and autonomous vehicles. As these technologies proliferate across Asia Pacific, telecom APIs will be essential for managing complex, high-volume, and real-time communications, driving continued growth in the market.

Browse through Grand View Research's Communication Services Industry Research Reports.

• The global mobile marketing market size was valued at USD 18.90 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 23.9% from 2024 to 2030.

• The global optical transport network (OTN) hardware market size was valued at USD 19.21 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2030.

Key Companies & Market Share Insights

The telecom API market is highly fragmented and characterized by intense competition among key players operating in various regions. Within each region or country, the market is often dominated by a few prominent Communications Service Providers (CSPs) that lead the charge in the development and deployment of telecom APIs. These CSPs, along with third-party solution developers and system integrators, are continuously adopting organic and inorganic growth strategies to maintain or expand their market presence.

Key Telecom Api Companies

Key growth strategies being implemented include:

• Mergers and Acquisitions (M&A)

• Partnerships

• Joint Ventures or Collaborations

• New Product and Service Launches

Order a free sample PDF of the Telecom API Market Intelligence Study, published by Grand View Research.

[ccgcatalyst]

The Evolving Role of Fintech Advisors in Banking Technology Consulting Services

Fintech has disrupted the traditional financial services sector by introducing innovative digital solutions that enhance customer experiences, improve operational efficiency, and reduce costs. From mobile payments to AI-powered investment platforms, fintech applications are altering every aspect of banking. As customers increasingly demand seamless and intuitive digital experiences, banks are under pressure to adopt cutting-edge solutions to meet these expectations. However, the adoption of fintech within banks requires strategic planning and implementation. Herein lies the role of a bank fintech advisor who specializes in bridging the gap between traditional banking practices and modern fintech solutions.

Bank fintech advisors bring deep industry knowledge and technical expertise, helping banks implement fintech strategies that align with their overall goals. These advisors evaluate current processes, identify areas of improvement, and recommend fintech solutions that optimize operations. With their insights, banks can adopt technology-driven approaches to maintain a competitive edge, even in a constantly evolving market. In this scenario, fintech advisors don’t merely facilitate technology adoption but help reshape banking institutions to be future-ready.

Understanding Banking Technology Consulting Services

In response to rapid technological shifts, Banking Technology Consulting Services have emerged as a dedicated segment to aid banks in their digital transformation journey. These services are not limited to technology implementation alone; they also encompass areas such as process optimization, regulatory compliance, and customer experience enhancement. A crucial part of banking technology consulting involves analyzing an institution's current technology stack, identifying gaps, and suggesting strategic solutions that enable long-term growth.

Banking technology consulting services cover various aspects, from developing core banking platforms to building digital customer engagement models. As banks seek to modernize their infrastructure, consulting firms provide valuable guidance on leveraging technologies such as artificial intelligence, blockchain, and cloud computing. This guidance is particularly vital for organizations grappling with legacy systems that hinder their ability to keep pace with newer fintech innovations. For instance, a bank fintech advisor can help organizations transition from traditional systems to agile, cloud-based solutions that reduce operational costs and offer greater scalability.

Additionally, consulting services help banks address crucial security concerns that accompany digital transformation. With cyber threats on the rise, securing sensitive data is paramount for any financial institution. Banking technology consultants work to implement stringent security measures and ensure regulatory compliance, helping banks protect themselves and their clients.

The Role of a Bank Fintech Advisor in Driving Transformation

A bank fintech advisor plays a pivotal role in guiding banks through the intricacies of digital transformation. These advisors offer insights into which fintech innovations can deliver the greatest value based on the bank’s unique needs, customer base, and regulatory landscape. Their expertise enables banks to make informed decisions and navigate challenges associated with technology adoption.

The role of a fintech advisor involves assessing both current and emerging trends in fintech to anticipate changes in the market. From mobile wallets to peer-to-peer lending platforms, fintech advisors evaluate a wide range of tools and identify those that align with the bank's strategic objectives. Moreover, they assist in integrating these technologies in a way that complements the bank’s existing systems, ensuring minimal disruption while maximizing benefits.

Fintech advisors also play a vital role in cultural transformation within banks. For a successful digital transition, financial institutions must embrace a technology-driven mindset at every organizational level. Bank fintech advisors often lead training programs and workshops to prepare staff for the changes brought by new technologies, fostering an innovative and adaptable work environment. By doing so, advisors help banks establish a strong foundation for sustained growth in a technology-oriented market.

Key Technologies Shaping Banking Today

As banking technology consulting services grow, several technologies are emerging as game-changers. Artificial intelligence (AI), blockchain, and cloud computing have gained significant traction within the banking sector, revolutionizing traditional operations. AI, for instance, enables banks to provide personalized customer experiences, detect fraud, and streamline back-office processes. With an AI-powered approach, banks can enhance efficiency while offering highly personalized services to customers.

Blockchain technology is also making strides, especially in areas like cross-border payments and smart contracts. By enabling secure and transparent transactions, blockchain reduces the need for intermediaries, cutting down costs and time associated with various banking processes. Cloud computing further complements this transformation by allowing banks to store vast amounts of data cost-effectively while enhancing data security and accessibility.

Fintech advisors are instrumental in guiding banks to adopt these technologies judiciously. They provide the expertise needed to assess which technologies will deliver the best results, ensuring that resources are invested wisely and regulatory requirements are met. By collaborating with banking technology consulting services, banks can create a holistic technology roadmap that promotes innovation while aligning with the bank’s broader business goals.

The Future of Banking with Fintech and Consulting

The banking landscape is poised for continued transformation as fintech solutions evolve and banking technology consulting services expand. Future banking models will likely be more customer-centric, leveraging predictive analytics and AI-driven insights to provide personalized services. Digital-first banking experiences are expected to become the norm, with traditional banking processes increasingly transitioning to online and mobile platforms.

Bank fintech advisors will remain critical in this evolution, ensuring that banks stay ahead of the curve in a highly competitive market. The advisors' expertise in fintech, combined with a deep understanding of banking operations, positions them to offer strategic guidance that fosters sustainable growth. As banks continue to adopt fintech solutions, the collaboration between financial institutions and fintech advisors will play a crucial role in reshaping the future of finance.

[oracletech85]

The Rising Demand for Oracle JD Edwards Services in the UAE

The United Arab Emirates (UAE), as a fast-growing hub of commerce, finance, and technology in the Middle East, is transforming its digital landscape to stay competitive in the global market. With the increasing importance of digital transformation, companies in the UAE are actively seeking robust Enterprise Resource Planning (ERP) solutions to streamline operations and make data-driven decisions. Among the many ERP solutions, Oracle JD Edwards (JDE) stands out as a preferred choice for enterprises in the UAE looking to manage complex business processes and enhance productivity.

What is Oracle JD Edwards?

Oracle JD Edwards is a comprehensive ERP solution offering a wide array of business applications to address core business functions such as finance, supply chain management, human resources, manufacturing, and project management. Known for its flexibility, scalability, and ability to be customized to suit various industries, JDE helps organizations in simplifying and automating processes while providing deep analytical insights. Since its inception, JD Edwards has evolved to adapt to the cloud, integrating with emerging technologies like IoT, blockchain, and artificial intelligence to offer enhanced capabilities.

Why Oracle JD Edwards is Ideal for UAE Businesses

The Oracle JD Edwards service in UAE economy is diverse and rapidly evolving, with sectors like construction, retail, hospitality, oil & gas, and manufacturing driving growth. JD Edwards’ adaptability makes it especially suited to such a landscape. Here’s why Oracle JD Edwards is an excellent fit for UAE enterprises:

Flexibility and Customization: The modular nature of JD Edwards allows companies to select only the modules they need, making it cost-effective and easier to integrate with existing systems. Furthermore, JD Edwards enables UAE companies to tailor workflows and processes, ensuring seamless alignment with business goals and regulatory requirements.

Cloud-Readiness and Mobility: UAE businesses are increasingly moving towards cloud-based solutions to reduce infrastructure costs and enhance accessibility. Oracle JD Edwards supports both on-premise and cloud deployments, allowing companies the flexibility to scale operations and provide remote access, which is especially beneficial in today’s remote-first work environment.

Robust Security and Compliance: In a region where data security and regulatory compliance are critical, JD Edwards offers comprehensive data protection measures. Oracle’s security protocols ensure data integrity and privacy, which is essential for sectors like banking and healthcare that are governed by strict regulatory requirements.

Localized Support and Expertise: As the demand for JD Edwards services grows, many Oracle partners and JDE consultants have set up bases in the UAE to offer tailored support. This local expertise allows companies to implement, optimize, and customize their JD Edwards environments quickly and efficiently, without the lag of working with overseas providers.

Key Benefits of Oracle JD Edwards Services

Enhanced Operational Efficiency: JD Edwards allows businesses to automate routine tasks, reducing manual intervention and errors. This increased efficiency can help UAE businesses save time and resources, focusing instead on strategic growth and innovation.

Data-Driven Decision Making: JD Edwards includes advanced analytics and reporting tools, allowing businesses to gain actionable insights from their data. With a better understanding of trends and performance metrics, companies can make informed decisions, thereby strengthening their market position.

Improved Financial Management: JD Edwards provides real-time visibility into financial data, which enables better cash flow management, budgeting, and financial planning. This is crucial for UAE businesses operating in dynamic markets, helping them stay resilient against market volatility.

Simplified Compliance and Governance: Regulatory compliance is a significant concern for UAE enterprises, particularly those in finance, healthcare, and energy. JD Edwards’ built-in compliance features help companies adhere to local and international regulations, reducing the risk of penalties and maintaining a good reputation.

The Future of JD Edwards in the UAE

With its strategic location, high internet penetration, and government-led initiatives to embrace smart technologies, the UAE is well-positioned to continue its digital transformation journey. JD Edwards is set to play an instrumental role in this journey, offering companies a robust and scalable ERP platform that can adapt to technological advancements and changing market demands.

Oracle’s commitment to innovation, coupled with the UAE’s ambition to be a leading digital economy, paves the way for JD Edwards to become a mainstay ERP solution for businesses in the region. As companies across sectors recognize the value of digital transformation, JD Edwards services will likely see sustained demand, driving efficiencies and growth for UAE businesses on a global scale.

Final Thoughts

Oracle JD Edwards provides a powerful solution for UAE businesses looking to modernize their operations and stay competitive. With flexibility, security, and localized support, JDE offers an ideal balance of reliability and innovation. As UAE companies continue to expand and diversify, JD Edwards’ comprehensive ERP capabilities will be integral to their success in an increasingly digital world.

[kirtitecuae]

Oracle Fusion Service in the UAE: Driving Digital Transformation in the Gulf

The United Arab Emirates (UAE) has become a global leader in embracing cutting-edge technology across various sectors, and Oracle Fusion Service is playing a pivotal role in the region’s digital transformation. With an emphasis on innovation, smart city initiatives, and the rapid expansion of cloud computing, Oracle Fusion is empowering businesses in the UAE to streamline operations, enhance customer experiences, and achieve new levels of efficiency.

Oracle Fusion Service, part of the Oracle Fusion Cloud Applications suite, is designed to provide comprehensive end-to-end solutions for managing business processes in a seamless and integrated manner. It is particularly popular in the UAE due to its cloud-native architecture, flexibility, and ability to support companies in navigating the rapidly changing market landscape. Here’s how Oracle Fusion is transforming businesses in the UAE:

1. Cloud-First Approach

The UAE has adopted a cloud-first policy as part of its broader digital transformation strategy. Oracle Fusion service in UAE provides businesses with the infrastructure they need to transition to the cloud, ensuring scalability, security, and efficiency. Oracle’s cloud services are hosted in regional data centers, ensuring data residency and compliance with UAE regulations. This allows organizations to focus on their core activities without worrying about data sovereignty and protection.

As companies in the UAE increasingly move away from legacy on-premise systems, Oracle Fusion’s cloud capabilities offer agility and flexibility. The ability to scale services up or down based on real-time business demands helps organizations optimize their resources while maintaining a high level of operational efficiency.

2. Comprehensive Business Management

Oracle Fusion Service offers modules that cover all major business functions, from human resources (HR) and finance to supply chain management (SCM) and customer relationship management (CRM). For UAE companies, particularly those with global operations, this means centralized control over their business processes across multiple regions.

In sectors such as retail, banking, and healthcare, the integrated nature of Oracle Fusion allows businesses to unify their operations across sales, customer service, and marketing, providing a holistic view of the customer journey. This results in better decision-making and improved customer satisfaction — a crucial factor in the UAE’s competitive business landscape.

3. AI and Automation

Automation and AI are becoming increasingly important in driving business efficiency in the UAE. Oracle Fusion integrates AI-powered features such as predictive analytics, intelligent process automation, and machine learning to help businesses make data-driven decisions. This is particularly beneficial in the finance and HR sectors, where automation of repetitive tasks frees up time for more strategic activities.

In the UAE’s fast-growing economy, the ability to automate routine processes while leveraging AI to predict market trends and consumer behavior gives businesses a competitive edge.

4. Compliance and Localization

One of the key challenges businesses in the UAE face is adhering to local regulations and tax laws. Oracle Fusion is designed with built-in compliance tools that ensure companies can meet regulatory requirements such as VAT management and other local financial obligations. The platform also supports localization for languages and currencies, making it easier for businesses operating in the UAE and across the Middle East to adapt their operations to the local market.

Conclusion

Oracle Fusion Service has become a vital tool for companies in the UAE looking to modernize their operations and remain competitive in an increasingly digital world. By offering cloud-based solutions, integrating AI and automation, and ensuring compliance with local regulations, Oracle Fusion is helping businesses in the UAE navigate the complexities of the digital age while driving sustainable growth and innovation. As the UAE continues to evolve as a tech hub, Oracle Fusion Service is set to play a central role in shaping the future of business across the region.

[miguel-artur]

Miguel Artur Analyzes Investment Opportunities Behind NVIDIA Stock Surge

Amidst the global economic recovery, NVIDIA stock performance has garnered significant attention. Recently, with major Wall Street firms like Bank of America and Goldman Sachs raising NVIDIA target stock price, the stock has once again hit a record high, with its market capitalization surpassing $3.5 trillion for the first time. Miguel Artur points out that despite the company stock price having risen nearly 200%, the demand for NVIDIA AI-supporting GPU chips remains robust. As the AI market continues to expand rapidly, the position of NVIDIA as a market leader is more secure, and its growth potential in the coming years is not to be overlooked.

How Wall Street Optimism Shapes Market Expectations for NVIDIA

Recently, as NVIDIA stock price reached new highs, Wall Street optimism has deepened further. Miguel Artur analyzes that strategists from major financial institutions like Bank of America and Goldman Sachs have frequently raised the company target stock price, reflecting their confidence in the long-term growth of the AI market. For example, Bank of America raised its target price from $165 to $190, indicating that the market expects NVIDIA deep accumulation in the AI field to translate into significant business opportunities in the coming years. Miguel Artur notes that NVIDIA holds a distinct competitive advantage over other chip manufacturers, especially in terms of technological innovation and industry integration, making it the preferred partner for top global enterprises.

Meanwhile, Miguel Artur points out that NVIDIA partnerships with industry giants such as Accenture and ServiceNow further solidify its leadership position within the industry. These collaborations not only demonstrate the company long-term commitment to the AI field but also suggest sustained growth in demand for NVIDIA chips in the future. Thus, Wall Street expectations for NVIDIA are not merely market hype but are driven by real market demand and strong technological development.

NVIDIA Blackwell Chip as a Key Driver of Stock Price

The rapid development of the AI field is reflected not only in market expansion but also in breakthroughs in technological innovation. Miguel Artur highlights that the upcoming Blackwell chip of NVIDIA is considered the core engine for next-generation AI processing. Following a meeting with NVIDIA CEO Jensen Huang, analysts at Goldman Sachs have become more optimistic about the company future performance. Miguel Artur believes that the launch of the Blackwell chip will not only bring billions of dollars in revenue to NVIDIA but also further expand its market share in data centers and cloud computing.

According to Goldman Sachs analysis, the Blackwell chip integrates higher-performance computing capabilities, particularly in data center applications. This breakthrough technology is expected to be a major factor driving NVIDIA revenue growth in the coming years. Miguel Artur also mentions that as global cloud computing and AI applications grow rapidly, the competitive moat by NVIDIA in integrated hardware and software will become more robust. The market optimistic expectations for its future performance are based on this context. Whether in terms of short-term market performance or long-term strategic layout, the launch of the Blackwell chip will be a key driver for NVIDIA stock price to continue rising.

The Expansion of the AI Market as a “Generational Opportunity” for NVIDIA

The rapid expansion of the AI market offers unprecedented growth opportunities for chip manufacturers. Miguel Artur emphasizes that analysts generally expect the AI accelerator market to grow to $280 billion by 2027, with the potential to reach $400 billion in the future. This market trend not only provides NVIDIA with significant business opportunities but also solidifies its position as a market leader. Miguel Artur believes that the broad application of AI will generate more market demand, especially in fields like cloud computing, smart manufacturing, and big data analytics, where NVIDIA GPU chips have become indispensable core technologies.

Miguel Artur further points out that as AI technology gradually permeates various industries, NVIDIA extends its business model beyond being a hardware supplier to providing more comprehensive solutions at the system and ecosystem levels. This enables NVIDIA to maintain a proactive position in market competition and continue to lead the direction of technological development. Based on this assessment, Miguel Artur believes that the growth potential of NVIDIA in the coming years is substantial, and investors should closely monitor the company positioning and technological innovations in the AI market.

With the rapid growth of the global AI market and continuous technological breakthroughs, Miguel Artur believes that NVIDIA, as a leader in this field, will maintain strong growth momentum in the coming years. However, Miguel Artur also cautions that despite the bright market prospects, investors should be wary of potential market volatility risks, especially the impact that changes in the global macroeconomic environment might have on tech stocks. In this context, the long-term development opportunities of NVIDIA continue to attract investor attention, but there is a need to maintain a prudent investment approach while pursuing high returns. In the future, NVIDIA stock price will continue to evolve under the combined influence of market demand, technological innovation, and macroeconomic factors.

[harshnews]

Facility Management Market Size, Share, Trends, Growth and Competitive Outlook

"Facility Management Market – Industry Trends and Forecast to 2031

Global Facility Management Market, By Offering (Solution and Service), Service Type (Hard Facility Management System and Soft Facility Management System), Model (Outsourcing Facilities Management and In-House Facilities Management), Facility Size (Large Facilities, Medium Facilities, and Small Facilities), Function (Real Estate Management, Maintenance Management, Asset Management, Building Systems, Financial & Performance Management, and Others), End-User (Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Energy and Utilities, Construction and Real Estate, Manufacturing, Government and Public Administration, Media and Entertainment, and Others) - Industry Trends and Forecast to 2031.

Access Full 350 Pages PDF Report @

**Segments**

- **Service Type:** The facility management market can be segmented based on service type into hard services and soft services. Hard services include mechanical and electrical maintenance, plumbing, and HVAC services. Soft services, on the other hand, include cleaning, security, catering, waste management, and landscaping.

- **Deployment:** Another key segment is based on the deployment type, which can be on-premises, cloud-based, or hybrid. On-premises deployment involves managing facility services internally within an organization, while cloud-based deployment leverages third-party cloud services for managing facilities. Hybrid deployment is a combination of both on-premises and cloud-based solutions.

- **End-User:** The facility management market can also be segmented by end-user, including commercial, residential, industrial, and others. Commercial end-users consist of sectors such as retail, healthcare, education, and hospitality, while residential end-users are homeowners or tenants. Industrial end-users are comprised of manufacturing plants, warehouses, and other industrial facilities.

**Market Players**

- **CBRE Group, Inc.:** One of the leading players in the facility management market, CBRE Group, Inc. offers a wide range of facility management services including energy management, sustainability solutions, and workplace strategy.

- **ISS A/S:** ISS A/S is another prominent player that provides integrated facility services including cleaning, security, property services, catering, support services, and facility management.

- **Sodexo:** Sodexo is a global facilities management company known for its comprehensive range of services such as catering, facility management, and employee well-being solutions.

- **Compass Group:** Compass Group specializes in providing catering and support services across various sectors including healthcare, education, business, and industry.

- **Cushman & Wakefield:** Cushman & Wakefield offers facility management services focusing on enhancing operational efficiency, sustainability, and occupant experience in commercial real estate properties.

The facility management market is witnessing significant growth due to the increasing need forThe facility management market is experiencing substantial growth driven by the rising demand for efficient and sustainable management of facilities across various sectors. One of the key factors fueling market growth is the growing focus on cost efficiency and operational excellence by organizations to streamline their facility management processes. As businesses strive to enhance productivity and customer satisfaction, the adoption of advanced facility management solutions becomes crucial. Additionally, the increasing trend towards outsourcing non-core activities such as cleaning, security, and maintenance to specialized service providers is further propelling the growth of the facility management market.

In terms of service type segmentation, the distinction between hard services and soft services plays a critical role in catering to the diverse needs of different industries. Hard services like mechanical and electrical maintenance are essential for maintaining the infrastructure and operations of commercial and industrial facilities. On the other hand, soft services such as cleaning and landscaping contribute to creating a safe and pleasant environment for occupants. The demand for a comprehensive range of services, encompassing both hard and soft services, is driving the adoption of integrated facility management solutions by organizations seeking a holistic approach to managing their facilities.

Deployment type segmentation offers organizations flexibility in choosing the most suitable model for managing their facility services. On-premises deployment provides organizations with full control and customization over their facility management processes but requires significant upfront investments in infrastructure. Cloud-based deployment, on the other hand, offers scalability and cost-efficiency by leveraging cloud infrastructure and services. Hybrid deployment models combine the benefits of on-premises and cloud-based solutions, allowing organizations to optimize their facility management operations based on specific requirements and preferences.

The end-user segmentation of the facility management market caters to the distinct needs of different sectors, including commercial, residential, and industrial entities. Commercial end-users, such as retail and healthcare facilities, prioritize customer experience and operational efficiency, driving the demand for tailored facility management services. Residential end-users seek convenience and comfort in property management, including maintenance services and security measures. Industrial end-users, including manufacturing plants and warehouses, require specialized facility management solutions**Global Facility Management Market, By Offering (Solution and Service), Service Type (Hard Facility Management System and Soft Facility Management System), Model (Outsourcing Facilities Management and In-House Facilities Management), Facility Size (Large Facilities, Medium Facilities, and Small Facilities), Function (Real Estate Management, Maintenance Management, Asset Management, Building Systems, Financial & Performance Management, and Others), End-User (Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Energy and Utilities, Construction and Real Estate, Manufacturing, Government and Public Administration, Media and Entertainment, and Others) - Industry Trends and Forecast to 2031.**

- The facility management market is experiencing significant growth driven by the increasing need for efficient and sustainable management of facilities across different sectors. Organizations are focusing on cost efficiency and operational excellence, leading to the adoption of advanced facility management solutions to streamline processes. Outsourcing non-core activities to specialized service providers is also contributing to market growth.

- The segmentation based on service type, distinguishing between hard services (mechanical and electrical maintenance) and soft services (cleaning and landscaping), is crucial in meeting diverse industry needs. Integrated facility management solutions that encompass both hard and soft services are in demand as organizations seek a holistic approach to facility management.

- Deployment type segmentation offers flexibility for organizations to choose between on-premises, cloud-based, or hybrid models for managing facility services. On-premises deployment provides control and customization but requires significant upfront investments. Cloud-based

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Facility Management Market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Facility Management Market.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Facility Management Market Landscape

Part 04: Global Facility Management Market Sizing

Part 05: Global Facility Management Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

This study answers to the below key questions:

What are the key factors driving the Facility Management Market?

What are the challenges to market growth?

Who are the key players in the Facility Management Market?

What are the market opportunities and threats faced by the key players?

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About Data Bridge Market Research:

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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[industrynewsupdates]

Enterprise Video Market Growth: Opportunities and Challenges

The global enterprise video market, valued at USD 16.39 billion in 2021, is projected to experience substantial growth, expanding at a compound annual growth rate (CAGR) of 13.8% from 2022 to 2030. This growth is largely driven by the increasing adoption of enterprise video solutions across organizations, particularly to enhance collaboration among their global workforces. As businesses continue to expand internationally, the need for efficient communication and collaboration tools has become essential. Enterprise video platforms have emerged as a critical tool to bridge geographical gaps, enabling real-time and asynchronous communication among team members across different locations.

In addition to improving internal collaboration, enterprise video solutions have also become a core component of content marketing strategies for many companies. Video content has proven to be an effective way to engage customers, promote products and services, and communicate a company’s brand message. With the rise of digital marketing, more companies are focusing on leveraging video to reach broader audiences and create more personalized experiences. This has led to an increased demand for high-quality video streaming services and robust infrastructure that can handle large volumes of video traffic efficiently.

Gather more insights about the market drivers, restrains and growth of the Enterprise Video Market

Service Insights

The professional services segment held the largest share of the enterprise video market, accounting for over 47% of the revenue in 2021. This is due to the critical role that expert services play in helping organizations troubleshoot, integrate, and manage enterprise video solutions effectively. Professional services provide businesses with the expertise needed to implement video solutions that align with their specific needs and business objectives. Additionally, these services help organizations address and resolve security issues, ensuring that the video solutions meet the necessary security standards for protecting sensitive company data.

One of the key benefits of professional services is that they help optimize the utilization of resources, reduce administrative overhead, and improve overall profitability. By leveraging expert services, organizations can streamline their video solution deployment, minimize operational disruptions, and ensure that resources are being used efficiently. Furthermore, professional services assist in enhancing collaboration across teams, improving knowledge management, and supporting better planning and decision-making processes, all of which contribute to a more productive and effective use of enterprise video solutions.

On the other hand, the managed services segment is expected to grow at a rapid pace, with a projected CAGR of 16.5% through 2030. This growth is driven by the increasing demand for remote monitoring and cost-effective IT infrastructure management, particularly through subscription-based pricing models. Managed services provide businesses with outsourced support for their video platforms, enabling them to focus on core operations while leaving the management and maintenance of their video infrastructure to third-party experts.

One of the main factors driving the demand for managed services is the growing popularity of cloud-based solutions. As enterprise video solutions become more complex and integrated with other business systems, organizations are seeking managed services that offer scalability, flexibility, and security. The BFSI (Banking, Financial Services, and Insurance) sector, in particular, is facing increasing challenges related to data security, and this has significantly boosted the demand for managed services in this sector. Financial institutions require high levels of security and compliance to protect sensitive financial data, making managed services an attractive option for managing enterprise video platforms securely and efficiently.

In addition to the BFSI sector, the increasing preference for cloud-based managed services across various industries is further stimulating the growth of this segment. Cloud-managed services offer the advantages of scalability, remote access, and reduced upfront capital costs, which are attractive to businesses seeking cost-effective IT solutions. As more companies migrate to the cloud, the need for managed services to support their video streaming and collaboration efforts will continue to grow.

Order a free sample PDF of the Enterprise Video Market Intelligence Study, published by Grand View Research.

[spreader26]

Bookkeeping and Accounting Services in 2025: A Simple Guide

Bookkeeping and accounting services are essential for managing a company's financial health. These services help businesses track their income, expenses, and overall financial position. In 2025, bookkeeping and accounting have become even more advanced and accessible due to technology, but the core functions remain the same.

Bookkeeping: The Foundation of Financial Records

Bookkeeping involves the day-to-day recording of all financial transactions, such as sales, purchases, payments, and receipts. Bookkeepers ensure that every financial activity is recorded systematically, making it easier for business owners to understand where their money is coming from and how it’s being spent. Key tasks include:

Recording daily transactions

Managing invoices and receipts

Tracking accounts payable (money the business owes) and accounts receivable (money owed to the business)

Reconciling bank statements to ensure financial records match up

Accounting: Turning Data into Insights

Accounting takes bookkeeping data and uses it to analyze a company’s financial performance. Accountants interpret the financial data recorded by bookkeepers, prepare reports, file taxes, and offer strategic advice. In 2025, accounting has become more proactive, helping businesses make decisions based on real-time data. Major responsibilities include:

Preparing financial statements (income statements, balance sheets, cash flow statements)

Filing taxes and ensuring compliance with regulations

Offering financial analysis and strategic recommendations

Budgeting and forecasting future financial performance

How Technology Shapes Bookkeeping and Accounting in 2025

In 2025, automation and artificial intelligence (AI) are transforming bookkeeping and accounting services. Many repetitive tasks, such as data entry and reconciliation, are now handled by software, freeing up time for bookkeepers and accountants to focus on higher-level work like financial analysis. Cloud-based platforms also allow for real-time updates, meaning businesses have instant access to their financial data from anywhere. This technology ensures:

Faster and more accurate processing of financial data

Cloud-based software for easy access and collaboration

Automated tax filing and compliance tools

AI-powered financial insights and predictions

Why Businesses Need These Services

Regardless of the size of the business, having organized financial records and insightful accounting is critical for success. Bookkeeping and accounting services:

Ensure businesses are tax-compliant and avoid penalties

Help owners understand cash flow and profitability

Provide the data needed for making informed decisions about growth, expenses, and investments

Assist with budgeting, cost-cutting, and financial planning for the future

By 2025, businesses can benefit from a combination of human expertise and cutting-edge technology in their bookkeeping and accounting, making it easier than ever to stay on top of finances while focusing on growth and innovation.

[susmithabusiness]

Simple Accounting Tools to Manage Your Business Finances

Managing business finances is crucial to the success and sustainability of any company. With the right accounting tools, you can make financial management more efficient, accurate, and less time-consuming. Here’s a detailed look at some of the best accounting software solutions that cater to small and medium-sized enterprises (SMEs).

1. QuickBooks

QuickBooks has been a leader in accounting software since 1983, providing businesses of all sizes with a versatile, user-friendly platform. With various editions for individuals, small businesses, and large enterprises, QuickBooks offers strong reporting capabilities, automation, and seamless integration with third-party apps, making it a solid choice for efficient financial management.

Pricing: Plans start at $15/month for the Simple Start package and go up to $150/month for more comprehensive options.

Key Features:

Expense Tracking: Import data automatically from bank accounts, credit cards, and loans.

Invoicing: Create easy-to-use invoices and accept online payments.

Payroll Management: Manage employee payroll with direct deposits and tax calculations.

Reporting: Generate financial reports such as Profit & Loss, Balance Sheets, and cash flow projections.

Mobile Access: Access financial data through QuickBooks’ mobile app.

2. FreshBooks

Launched in 2003, FreshBooks simplifies billing for small business owners and freelancers. With a focus on user experience, it’s particularly favored by service-based businesses like consultants and creative professionals for its time-tracking and customizable invoicing features.

Pricing: Plans start at $6/month for the Lite version, with additional features in higher tiers.

Key Features:

Time Tracking: Easily track billable hours, ideal for service businesses.

Automated Invoicing: Set up automatic invoicing and payment reminders.

Expense Tracking: Capture and categorize expenses on the go via mobile.

Client Management: Keep track of client interactions and records in one place.

Reports & Insights: Generate reports to assess your financial health.

3. Wave Accounting

Wave Accounting, introduced in 2010, is a free accounting software designed for small businesses, freelancers, and entrepreneurs. While its core features are free, Wave also offers premium services like payment processing and payroll management.

Pricing: Basic functionality is free, with charges for services like payment acceptance and payroll.

Key Features:

User-Friendly Interface: Ideal for users with no accounting background.

Invoicing & Payments: Create and manage invoices and accept credit card payments.

Receipt Scanning: Scan and upload receipts via the mobile app.

Financial Reports: Generate basic financial reports such as income statements and balance sheets.

Integration Options: Connect with various apps to enhance performance.

4. Xero

Xero is a cloud-based accounting software developed in New Zealand in 2006, offering powerful features for small to medium-sized businesses. It enables real-time collaboration, making it easy for multiple users, including accountants, to work together on financial data.

Pricing: Plans range from $3.75/month for the Early plan to $70/month for the Pro plan.

Key Features:

Real-Time Collaboration: Multiple users can access and work on the platform simultaneously.

Bank Reconciliation: Automatically import and reconcile bank transactions.

Inventory Management: Track and manage inventory in real-time.

Mobile App Access: Manage business finances on the go with the Xero mobile app.

Integration Capabilities: Connect with over 450 third-party apps.

5. Kashoo

Designed for simplicity, Kashoo was launched in 2010 to help freelancers and small business owners manage their finances without needing in-depth accounting knowledge. Kashoo is known for its user-friendly interface and dedicated customer support.

Pricing: Plans start at $16.65/month with a free trial available.

Key Features:

Simple Interface: Easy to navigate, especially for users without accounting expertise.

Automatic Income & Expense Tracking: Link a bank account to organize transactions automatically.

Invoicing & Estimates: Create professional invoices and estimates using templates.

Tax Management Tools: Some plans include tax tracking features to help prepare for tax season.

6. Zoho Books

Zoho Books, part of the Zoho suite of business applications, was launched in 2011 and is known for automating key processes such as invoicing and expense tracking. With multi-currency support, it’s particularly suitable for businesses handling cross-border transactions.

Pricing: Starts at $15/month, with additional features available in higher-tier plans.

Key Features:

Automation Features: Automate invoices, payment reminders, and expense tracking.

Comprehensive Reporting Tools: Generate detailed financial reports.

Client Portal Access: Allow clients to view invoices and make payments through a secure portal.

Multi-Currency Support: Ideal for businesses working with international clients.

Integration Options: Integrates with other Zoho apps and popular platforms like PayPal and Stripe.

Conclusion

Choosing the right accounting software is an essential decision that can significantly impact your business’s financial management. Whether you need extensive functionality from tools like QuickBooks or Xero, cost-effective options like Wave, or user-friendly interfaces like FreshBooks and Kashoo, there’s a solution tailored to your needs. Zoho Books stands out for its automation features and integration with the Zoho suite, making it a great choice for businesses requiring a comprehensive financial solution. Take the time to assess your business’s needs, size, and industry to find the accounting tool that best fits your requirements and supports business growth.