Index Insider: Are GCCs and IT Services Colleagues or Competitors?
Most global capability centers (GCCs) plan on either increasing or maintaining their use of outsourcing over the next two years.
ISG has a proven track record of supporting the largest global chemical companies - we've advised on over 600 chemicals industry engagements in the last 5 years alone. We bring experience as industry leaders and as IT, business process and sourcing advisors on high-TCV, high-complexity outsourcing transactions across industries.
Beyond our depth of experience, ISG is unique for our data. We've assembled a comprehensive and unique set of data, analytics and market intelligence built through 30+ years of data collection and analysis around pricing, contracts and sourcing. This data gives us unmatched insights into operational, financial and commercial best practices. And it's not just the largest real-time market price database in the world, it's also a tool to ensure long-term competitiveness of contracts and to model future scenarios for impact of automation, transformation and consolidation. Our advisory services cover assessing gaps, building actionable strategies, sourcing partners, supporting digital transformation, optimizing costs and ensuring value realization.
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Learn MoreThe power and utilities industry is witnessing a transition from traditional energy sources to cleaner alternatives such as wind and solar energy, leading to an increase in new asset types to deploy, connect and manage. Additionally, there has been a rise in distributed energy resources (DERs), leading to disruptions in energy production patterns. Moreover, as the industry increasingly adds renewable energy sources such as solar and wind to its energy mix, their integration into the grid continues to be a challenge. Global supply shortage due to the war in Ukraine has led to an increase in natural gas prices, making the purchase or production of power expensive.
The chemical industry encompasses the transformation of various raw materials into a diverse array of products. Chemical products are used in almost all branches of industry and are highly crucial in a few, such as pharmaceutical and automotive. The chemical industry is complex and vital to the economies worldwide. The global chemical industry is amid a challenging year as geopolitical volatility, commodity price fluctuations and overall demand and supply chain issues plague the entire value chain.
Embracing a cloud-based ERP application may be the single most important move you can make to springboard your organization into true digital transformation.