#Staff Augmentation Services in 2023

[true-firms]

Explore Top Staff Augmentation Companies - 2024

As a leading B2B staff augmentation marketplace, Truefirms stands out when it comes to expanding your team with exceptional talent. The platform offers a wide range of businesses that provide excellent staff augmentation services. Truefirms links companies with the best talent available to improve their teams and achieve success, whether they are looking for specific IT talents or creative professionals.

[alpconsulting]

Staff Augmentation in India – 6 Trends to Watch Out For in 2023

In today’s hyper-competitive business environment, with economic uncertainty prevailing on the global front, companies in India are aiming for a significant competitive advantage. This objective is achieved through outsourcing their non-core activities, especially the non-critical departments. But they still want skilled, experienced hands on board to help run the critical departments of their organizations to bring in efficiency and savings. It resulted in various trends in staff augmentation services in India.

This article will explore the top staff augmentation trends currently in vogue in India.

Staff Augmentation Outsourcing- Top 6 Trends to Rule 2023 in India

The buzz around startups and entrepreneurship in India will continue to grow despite the speculations about a possible recession in the coming years. In these growing numbers of companies, the distinction between online hiring and traditional recruiting is disappearing. The talent market has become so huge that companies use various methods to find people to work for them. These two trends are converging into something brand new. There’s no longer a single trend or technique that employers rely on. This will prompt many enterprises to incline towards IT staff augmentation outsourcing in India in 2023.

In addition, millennials will be a significant driving force behind the recruitment trends that will make IT staff augmentation mainstream in India.

Evolution of the Workforce Mindset

The current workforce in India mainly comprises millennials and GenZ workers. They are after fast money. India’s fast-growing gig economy is turning millennials’ aspirations into reality. The ASSOCHAM report states that the Indian gig economy is set to touch a value of USD455bn and will grow at 17% CAGR through 2024.

Such workers are more inclined to take short-term projects rather than long-term commitments to an organization. This has set many recruitment changes in motion in India that will continue through 2023. These changes include staff augmentation firms relying on cutting-edge recruitment platforms.

These platforms will be driven by superior AI & ML algorithms and product design to enable hiring the right gig worker at the right time. The platform in the staff augmentation process flow will be programmed to match the hiring company with job seekers who automatically furnish their right and detailed data such as skills, relevant experience and location.

Staff augmentation outsourcing firms are expected to frame their hiring policies as per the four main segments of gig workers, which are:

Free agents- Contractual work is their primary source of income.

Casual workers- Consider freelancing jobs as their supplementary income.

Reluctant workers- Take up gig employment out of compulsion.

Cash-strapped agents- Freelancing work is their secondary source of income, but they are unwilling to invest extra time in their contractual jobs.

Page Source: https://alp.consulting/staff-augmentation-trends/

[orangerosebush]

Counting the dead in Gaza: difficult but essential

Khatib, R., McKee, M., & Yusuf, S. (2024). Counting the dead in Gaza: difficult but essential. In The Lancet. Elsevier BV. https://doi.org/10.1016/s0140-6736(24)01169-3

Published in The Lancet on July 5th, 2024

"By June 19, 2024, 37 396 people had been killed in the Gaza Strip since the attack by Hamas and the Israeli invasion in October, 2023, according to the Gaza Health Ministry, as reported by the UN Office for the Coordination of Humanitarian Affairs.1 The Ministry's figures have been contested by the Israeli authorities, although they have been accepted as accurate by Israeli intelligence services,2 the UN, and WHO. These data are supported by independent analyses, comparing changes in the number of deaths of UN Relief and Works Agency (UNRWA) staff with those reported by the Ministry,3 which found claims of data fabrication implausible.4

Collecting data is becoming increasingly difficult for the Gaza Health Ministry due to the destruction of much of the infrastructure.5 The Ministry has had to augment its usual reporting, based on people dying in its hospitals or brought in dead, with information from reliable media sources and first responders. This change has inevitably degraded the detailed data recorded previously. Consequently, the Gaza Health Ministry now reports separately the number of unidentified bodies among the total death toll. As of May 10, 2024, 30% of the 35 091 deaths were unidentified.1

Some officials and news agencies have used this development, designed to improve data quality, to undermine the veracity of the data. However, the number of reported deaths is likely an underestimate. The non-governmental organisation Airwars undertakes detailed assessments of incidents in the Gaza Strip and often finds that not all names of identifiable victims are included in the Ministry's list.6 Furthermore, the UN estimates that, by Feb 29, 2024, 35% of buildings in the Gaza Strip had been destroyed,5 so the number of bodies still buried in the rubble is likely substantial, with estimates of more than 10 000.7

Armed conflicts have indirect health implications beyond the direct harm from violence. Even if the conflict ends immediately, there will continue to be many indirect deaths in the coming months and years from causes such as reproductive, communicable, and non-communicable diseases. The total death toll is expected to be large given the intensity of this conflict; destroyed health-care infrastructure; severe shortages of food, water, and shelter; the population's inability to flee to safe places; and the loss of funding to UNRWA, one of the very few humanitarian organisations still active in the Gaza Strip.8

In recent conflicts, such indirect deaths range from three to 15 times the number of direct deaths. Applying a conservative estimate of four indirect deaths per one direct death9 to the 37 396 deaths reported, it is not implausible to estimate that up to 186,000 or even more deaths could be attributable to the current conflict in Gaza.

Using the 2022 Gaza Strip population estimate of 2,375,259, this would translate to 7.9% of the total population in the Gaza Strip.

A report from Feb 7, 2024, at the time when the direct death toll was 28,000, estimated that without a ceasefire there would be between 58,260 deaths (without an epidemic or escalation) and 85,750 deaths (if both occurred) by Aug 6, 2024.10

An immediate and urgent ceasefire in the Gaza Strip is essential, accompanied by measures to enable the distribution of medical supplies, food, clean water, and other resources for basic human needs. At the same time, there is a need to record the scale and nature of suffering in this conflict. Documenting the true scale is crucial for ensuring historical accountability and acknowledging the full cost of the war. It is also a legal requirement. The interim measures set out by the International Court of Justice in January, 2024, require Israel to “take effective measures to prevent the destruction and ensure the preservation of evidence related to allegations of acts within the scope of … the Genocide Convention”.11 The Gaza Health Ministry is the only organisation counting the dead. Furthermore, these data will be crucial for post-war recovery, restoring infrastructure, and planning humanitarian aid.

MM is a member of the editorial board of the Israel Journal of Health Policy Research and of the International Advisory Committee of the Israel National Institute for Health Policy Research. MM was co-chair of the Institute's 2016 6th International Jerusalem Conference on Health Policy, but writes in a personal capacity. He also collaborates with researchers in Israel, Palestine, and Lebanon. RK and SY declare no competing interests. The authors would like to acknowledge study team members Shofiqul Islam and Safa Noreen for their contribution to collecting and managing the data for this Correspondence.

Editorial note: The Lancet Group takes a neutral position with respect to territorial claims in published text and institutional affiliations."

[warningsine]

Google laid off hundreds of workers in several divisions Wednesday night, seeking to lower expenses as it focuses on artificial intelligence and joining a wave of other companies cutting tech jobs this year.

The Silicon Valley company laid off employees in its core engineering division, as well as those working on the Google Assistant, a voice-operated virtual assistant, and in the hardware division that makes the Pixel phone, Fitbit watches and Nest thermostat, three people with knowledge of the cuts said.

Several hundred employees from the company’s core engineering organization lost corporate access and received notices that their roles were eliminated, two of the people said. Google said that most of the hardware cuts affected a team working on augmented reality, technology that combines the real world with a digital overlay.

“We’ve had to make some difficult decisions about ongoing employment of some Google employees and we regret to inform you that your position is being eliminated,” the company told some workers in the division, according to the text of an email reviewed by The New York Times.

Google confirmed the Assistant cuts, earlier reported by Semafor, and the hardware layoffs, earlier reported by the blog 9to5Google.

“We’re responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” a Google spokesman said in a statement. After cuts throughout the second half of 2023, “some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally.”

The cuts continue a trend of tech layoffs, after large companies such as Google, Meta and Amazon laid off thousands of workers last year. Ten days into this year, more companies have announced job cuts. Earlier Wednesday, Amazon shed hundreds of workers from its Twitch streaming service, Prime Video and MGM studios. Xerox said this month that it would cut 15 percent of its 23,000-person staff, and the video game software provider Unity Software said it would eliminate 1,800 roles, or 25 percent of its work force.

At Google, Sundar Pichai, the chief executive, has pushed the company since July 2022 to sharpen its focus and to reduce expenses as global economic conditions deteriorated. In January 2023, Google shed 6 percent of its work force, or 12,000 people, in the largest layoffs that the company has conducted. Since then, executives at the company have said they would try to significantly reduce costs, as it focuses on the growing field of generative artificial intelligence.

Google, which had 182,000 employees as of Sept. 30, said the layoffs on Wednesday were part of a set of reorganizations that were made in the normal course of business.

The Alphabet Workers Union, a group representing more than 1,400 workers at Google’s parent company, Alphabet, described the layoffs as “needless.”

“Our members and teammates work hard every day to build great products for our users, and the company cannot continue to fire our co-workers while making billions every quarter,” the group said in a post on the social media site X.

[allianceu]

Alliance University’s ‘All Hands Meet’ Illuminates the Path to Excellence

Bengaluru: Alliance University orchestrated a pivotal ‘All Hands Meet’ event, bringing together esteemed members of the leadership team to address the faculty and staff. This convergence proved invaluable, imparting insights aimed at elevating the level of preparedness in alignment with the university’s forthcoming growth trajectory. The event also encompassed a poignant recognition of service tenure, pioneering research, as well as achievements in sports and culture. These commendations further enriched the overall ambiance of the occasion.

Commencement with Enlightenment: Lamp-Lighting Ceremony

On August 18th, 2023, the revered Alliance University hosted its annual ‘All Hands Meet.’ The event gracefully commenced with a solemn lamp-lighting ceremony, embodying the institution’s steadfast dedication to enlightenment and the unification of purpose.

Crafting a Vision: Mr. Abhay G. Chebbi’s Strategic Roadmap:

The gathering was graced by the presence of Mr. Abhay G. Chebbi, Pro-Vice Chancellor, who delivered an inspiring discourse on Alliance University’s ‘Strategic Roadmap-2024 and Beyond.’ This visionary presentation illuminated forthcoming milestones and aspirations, infusing an optimistic hue into the university’s future.

Aspiration for Excellence: Dr. B Priestly Shan’s Insightful Address

Dr. B. Priestly Shaw, Pro Vice-Chancellor (Academic Affairs), in his address, centred on the university’s resolute journey to elevate its national standing to an international echelon. He underscored the paramount importance of NAAC Preparedness, the augmentation of research productivity, and warmly acknowledged the indispensable role played by the dedicated faculty members in the university’s achievements.

Cultivating Innovation: Dr. Ray Titus and AIIC’s Vision

Dr. Ray Titus, Pro-Vice Chancellor of Incubation & Innovation and Dean of Alliance School of Business, shared profound insights on how the Alliance Innovation and Incubation Center (AIIC) can ingeniously cultivate a holistic entrepreneurial ecosystem. His visionary blueprint involves mentoring and nurturing entrepreneurship among students, fostering innovation, and nurturing tech enterprises poised to impart significant societal impact.

Celebration of Excellence: Acknowledging Achievements

The ‘All Hands Meet’ was also punctuated by a dedicated segment lauding and celebrating exceptional contributions. Esteemed faculty and staff received well-deserved recognition for their exemplary service tenure, groundbreaking research endeavours, and remarkable achievements in sports and the cultural domain. These accolades contributed to the festive milieu, underscoring Alliance University’s steadfast commitment to recognizing and nurturing multifaceted talent.

In Conclusion:

In summation, Alliance University’s ‘All Hands Meet’ reverberated as a formidable platform, kindling inspiring dialogues, strategic contemplations, and the reverent acknowledgment of excellence. This event emphatically underscores the institution’s unwavering pledge to nurture a culture of innovation and continuous refinement as it navigates its trajectory towards a luminous and transformative future.

[ginadirane]

Software Development and Web Development Services - eTraverse

eTraverse is a global partner in digital transformation, headquartered in India (founding year 2018) and its subsidiary company, eTraverse Pty Ltd, an education technology consulting company focused on the African digital landscape, with office in South Africa (founding year 2020). The company operates globally with its partner offices in London, Netherland, Dubai, South Africa. We cater our services into Software Development, Web & Mobile Development, Digital Marketing, Blockchain and Learning Management System to our clientele base out of Europe, Middle East, and Africa. Our Vision is to lead the era of Digital Transformation across the Globe by providing tailored solutions that enhance client's experience, add value to their business and create jobs for talented minds.

We are globally recognized by NewChip Accelerator, USA; AMBA, London, and Global Startup Awards, Africa 2023. Its leadership has been recognized Finalist - Young Leader of the Year by Women in IT Awards Asia in 2019; nominated for the Kindness and Leadership Award by Woman of Future, United Kingdom; Diversity Role Model of The Year in 2023. The subsidiary is recognized by ENCA (South African News Channel) and VentureBurn, African news. We are a highly people-centric organization that rewards efforts as well as results. Come, be a part of it and witness the growth.

SERVICES - i) Custom Software development, ii) Website development, iii) Web Application development iv) Mobile Application development, v) Software consulting, maintenance and support, vi) Quality assurance and testing, vii) Server maintenance, viii) IT outsourcing, ix) Staff Augmentation Services x) IT onshore recruitment - Europe, USA xi) Blockchain xii) Digital Marketing

[vipul-dhok]

The Future of IT Outsourcing: Why Hiring Developers in India is on the Rise

The rise of IT outsourcing is the upcoming business strategy that can help businesses stay competitive with increased operational efficiency. Nowadays the global industry is facing high demands for tech services and products thus increasing the need for tech talent and operations.

Businesses are stacked with work due to the rising demands but carrying out such high-scale operations is not child’s play. Handling and managing such high-scale operations deviates businesses from focusing on their core operations, which severely impact them. Thus outsourcing came to the rescue of the global industry.

India is a leading destination for IT outsourcing as it provides cost-efficiency with quality skills and projects. Many businesses outsource their tech requirements to companies in India for several reasons.

IT outsourcing to India helps businesses focus on their core objective while the 3rd party handles their digital requirements. India is a leading destination for IT outsourcing services and many businesses hire developers in India. Let’s dive deeper into the topic.

Read more about leading IT outsourcing companies in India here.

Understanding IT Outsourcing

IT outsourcing is when businesses hire an external company to build a tech team for them that will be responsible for software development or other IT requirements. The 3rd party company will be responsible for all the infrastructure and management needs of the team.

IT outsourcing spending was projected to reach $519 billion in 2023 — a 22% increase over 2019’s numbers. This report stands on the fact that IT outsourcing is a leading business strategy that is opted for by a large number of businesses.

Types of Outsourcing

Onshore Outsourcing: Hiring local providers for ease of communication and cultural alignment.

Nearshore Outsourcing: Partnering with nearby countries for time zones and cost benefits.

Offshore Outsourcing: Contracting distant providers like in India for significant cost savings and access to global talent.

Managed Services: Outsourcing specific IT functions for expert management and predictable costs.

Project-Based Outsourcing: External teams handle specific projects, offering flexibility and cost control.

Staff Augmentation: Adding external professionals to in-house teams to meet project demands and scale efficiently.

IT outsourcing services are opted for by a large segment of businesses which majorly includes offshore outsourcing, project-based outsourcing, and staff augmentation. India is a leading destination for these types of outsourcing.

Benefits of IT Outsourcing

Reduces expenses on staffing, infrastructure, and technology.

Provides access to a global pool of skilled professionals with specialized knowledge.

Easily scale operations up or down based on project needs.

Allows companies to focus on their core operations while experts handle IT tasks.

Different time zones enable 24x7 work cycles, speeding up project timelines.

Leverages the latest technologies and best practices for innovation and efficiency.

Why India is the Top Destination for IT Outsourcing Services?

India is a top choice for various businesses for IT outsourcing services. 7 of the top 10 countries are in the Asia-Pacific region:India, China, Malaysia, Indonesia, Vietnam, Philippines, and Thailand.

The reason is very obvious as India has an abundance of highly talented individuals. The education and tech infrastructure has attracted many tech giants like, Google, Microsoft, Delloite, etc. The country is capable of managing large-scale tech projects with the help of its skilled professionals. Some exact reasons that’ll make you outsource to India are,

1. Skilled Workforce

India boasts a vast pool of highly skilled professionals in the IT sector. With a strong emphasis on technical education, Indian universities and institutions produce a large number of engineers and IT graduates annually. This abundance of talent ensures that companies can easily find experts in various technologies and domains which makes India a preferred destination for outsourcing IT projects.

2. Cost-Effectiveness

One of the primary reasons companies choose to hire developers in India is the significant cost savings. Compared to many Western countries, the cost of hiring developers in India is substantially lower. Factors such as favorable exchange rates and a lower cost of living contribute to making India an economically attractive destination for IT outsourcing.

3. English Proficiency

English is widely spoken and taught in Indian schools and India's proficiency in English is a significant advantage for IT outsourcing. As it ensures smooth communication between clients and developers. This linguistic advantage reduces the risk of miscommunication and ensures clarity in project requirements and deliverables.

4. Time Zone Advantage

India's time zone difference from Western countries enables round-the-clock productivity. While it may be nighttime in one part of the world but developers in India can continue working. This leads to faster turnaround times and increased efficiency which continues for 24x7. 

5. Supportive Government Policies

The Indian government has implemented several initiatives to support the IT sector and encourage foreign investment. These include tax incentives, infrastructure development, and policies promoting ease of doing business. Such supportive measures create a conducive environment for businesses looking to outsource their IT operations to India.

India being the top choice among the leading global brands makes this strategy an upcoming standard practice for businesses. It is better to late than sorry and adopt this as your business strategy. There are many companies that can help you build your own path to successful IT outsourcing.

Parting Thoughts

India is a beacon of opportunity for businesses looking for effective outsourcing destinations. The country houses leading tech talent that can be utilized by businesses seeking faster operations and cost-effective operations. IT outsourcing is a smart and adaptable business strategy that proves to be the future of the tech industry.

As we look ahead, embracing IT outsourcing in India can unlock new possibilities in driving innovation, efficiency, and growth. It is advisable that businesses explore this strategy for global collaboration to stay competitive and agile in the future.

Read more - Top 10 Software Development Outsourcing Companies In 2024

[industryforecastnews]

Internet Data Center Market Size To Reach $107.26 Billion By 2030

Internet Data Center Market Growth & Trends

The global internet data center market size is projected to reach USD 107.26 billion by 2030, registering a CAGR of 10.6%, according to a new study by Grand View Research Inc. As businesses all over the world embark on a relentless journey of digital transformation, the market for Internet Data Center (IDC) will expand at an astounding rate. IDCs act as the crucial infrastructure supporting this paradigm-shifting transformation in an age where data is money and information is power. Unprecedented amounts of data are being produced and consumed by businesses, governments, and people, which has forced the market to grow and change to keep up with the demand.

The need for agility, scalability, security, and dependability in managing massive volumes of data and supporting a wide range of applications is what motivates this digital transformation imperative. The driving force behind the IDC market's expansion is cloud computing. To supply cloud services like Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), cloud service providers (CSPs) are making significant investments in data center infrastructure. The cloud model eliminates the need for significant on-premises data center expenditures by offering organizations scalable, affordable solutions on demand.

IDCs play a crucial role in providing the physical infrastructure necessary to support these services, which is crucial for the market's growth as businesses adopt the cloud for its operational efficiency and flexibility. The IDC landscape is changing due to edge computing. This method reduces latency and enables real-time applications by bringing data processing closer to the source of the data. Edge computing is essential due to the growth of IoT devices, autonomous systems, and augmented reality. By building data centers in key areas, IDCs are advancing to enable edge computing and ensure low-latency data processing and delivery. The market is positioned for ongoing growth as the edge computing revolution gathers steam, meeting the special needs of distributed computing.

Request a free sample copy: https://www.grandviewresearch.com/industry-analysis/internet-data-centers-market  

Internet Data Center Market Report Highlights

Based on services, the CDN segment is expected to witness the highest CAGR of over 14% from 2023 to 2030. The quick development of streaming video, online gaming, and e-commerce has considerably fuelled the segment’s expansion

Based on deployment, the hybrid segment is projected to witness the highest CAGR of over 13% during the forecast period. The hybrid method enables businesses to selectively arrange tasks in the most suitable setting, maximizing resource usage and financial effectiveness

Based on enterprise size, the SME segment is projected to witness the highest CAGR of around 12% over the forecast period. IDCs give SMEs the chance to utilize top-notch data center resources and cloud services without having to make big upfront infrastructure investments or build out substantial in-house IT staff

Based on end-use, the e-commerce & retail segment is projected to witness the highest CAGR of over 13% from 2023 to 2030. IDCs provide the required network, processing, and storage resources for high-performance, secure, and dependable e-commerce operations

Internet Data Center Market Segmentation

Grand View Research has segmented the global internet data center market based on services, deployment, enterprise size, end-use, and region:

Internet Data Center (IDC) Services Outlook (Revenue, USD Billion, 2018 - 2030)

Hosting

Colocation

CDN

Others

Internet Data Center (IDC) Deployment Outlook (Revenue, USD Billion, 2018 - 2030)

Public

Private

Hybrid

Internet Data Center (IDC) Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

Large Enterprise

SMEs

Internet Data Center (IDC) End-use Outlook (Revenue, USD Billion, 2018 - 2030)

CSP

Telecom

Government/Public Sector

BFSI

Media & Entertainment

E-commerce & Retail

Others

Internet Data Center (IDC) Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

U.S.

Canada

Europe

UK

Germany

France

Italy

Spain

Netherlands

Poland

Asia Pacific

India

China

Japan

Australia

South Korea

Latin America

Brazil

Mexico

Argentina

Middle East & Africa (MEA)

UAE

Saudi Arabia

South Africa

List of Key Players in the Internet Data Center Market

Alibaba Cloud

Amazon Web Services, Inc.

AT&T Intellectual Property

Lumen Technologies (CenturyLink)

China Telecom Americas, Inc.

CoreSite

CyrusOne

Digital Realty

Equinix, Inc.

Google Cloud

IBM

Microsoft

NTT Communications Corporation

Oracle

Tencent Cloud

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/internet-data-centers-market  

[helthcareheven]

The Cannula Quest: Journey into Market Evolution

The cannula market involves medical tubing that serves as a conduit for inserting and draining body fluids or providing access to surgical instruments. Cannulas are commonly used during minimally invasive procedures like laparoscopy for facilitating easy passage of instruments through small incisions. The increasing preference for minimally invasive surgeries over conventional open surgeries is a key factor driving demand for cannulas globally. Minimally invasive procedures minimize hospital stay, recovery time, and risk of postoperative complications. The Global Cannula Market is estimated to be valued at US$ 180.4 Mn in 2024 and is expected to exhibit a CAGR of 7.5% over the forecast period 2023 to 2030. Key Takeaways Key players operating in the cannula market are Smith & Nephew, Maquel Holding B.V. & Co. KG., Sorin Group, Edward Lifescience Corporation, Medtronic plc, Terumo Corporation, Boston Scientific Corporation, Teleflex Incorporated, Conmed Corporation, Dolphin Surgicals, Micromed International, Goodhealth Inc., and Biotek (Chetan Meditech Pvt. Ltd.). These players dominate the global cannula market with their wide product portfolio and strong geographical presence across major markets. The rising acceptance of minimally invasive procedures presents lucrative opportunities for cannula manufacturers globally. Growing geriatric population suffering from chronic conditions will necessitate more surgical procedures, boosting cannula demand. Cannula suppliers are enhancing their R&D capabilities and production lines to cater to rising complex surgeries worldwide. Geographic expansion into emerging regions is a key focus for major cannula companies. Significant unmet needs in Asia Pacific and Latin America offer scope for cannula providers to augment their shares in these markets. Partnerships with local medical product distributors facilitate smooth supply and after-sales services. Market drivers: 1) Increasing preference for minimally invasive surgeries - Growth in laparoscopic, arthroscopic and other MIS procedures worldwide is a major factor necessitating more cannulas. According to industry estimates, MIS procedures are growing at 10-15% annually. 2) Rising geriatric population- Growing prevalence of chronic diseases among the elderly drive surgical volumes and subsequent demand for cannulas used in these surgeries. As per UN data, over 16% of global population will be aged 65+ by 2050. Market restrain: 1) Higher costs compared to conventional devices: Cannulas have a relatively higher acquisition cost than traditional surgical tools, limiting their adoption in price sensitive areas. This can restrain market revenues especially in developing nations. 2) Training and sterilization challenges: Effective use of cannulas requires specialized training of surgeons and operating staff. Their reuse after sterilization also poses contamination risks if not done properly. This adds to set up and maintenance costs for healthcare facilities.

Segment Analysis The global cannula market can be segmented based on product type, application, end-use, and region. Based on product type, the needles segment dominates the market as it is widely used for diagnostic and therapeutic procedures. Based on application, the cardiovascular surgery sub-segment dominates as cardiovascular diseases has high incidence and cannulas are widely used in cardiovascular procedures. Global Analysis Regionally, North America is anticipated to account for the largest share in the global cannula market till 2030 due to increasing prevalence of chronic diseases, growing elderly population, presence of major players, and developments in healthcare infrastructure. Asia Pacific is anticipated to grow at the fastest rate during the forecast period owing to growing medical tourism, rising healthcare expenditure, increasing incidence of chronic diseases, and growing medical device industry. China, India, and Japan are anticipated to drive the growth of the Asia Pacific cannula market during the forecast period.

[performix]

IT Staff Augmentation in the USA: Bridging the Talent Gap

IT organizations constantly face the challenge of finding and retaining skilled professionals to meet their technology needs. This challenge has become even more critical as companies strive for agility, scalability, and cost-effectiveness, leading to IT staff augmentation as a powerful solution. What Is IT Staff Augmentation? IT staff augmentation, also known as team augmentation, allows organizations to strategically add external talent to their existing team, whether for short-term projects or long-term scalability. This approach will enable companies to access specialized skills without the complexities of direct hiring, making it a popular choice among businesses. Bridging the Talent Gap The US IT industry faces a talent shortage, making it challenging to find skilled professionals. Staff augmentation fills this gap by providing access to qualified experts for a specific project or ongoing support. This helps organizations overcome the talent shortage and build a robust team of experts. Flexibility and Scalability Companies can swiftly adapt to changing demands by augmenting their teams. Staff augmentation offers flexibility without long-term commitments, whether they need additional developers, data scientists, or cybersecurity experts. This approach helps businesses remain agile in today's rapidly evolving business landscape. Cost-Effective Solution Hiring full-time employees involves recruitment costs, training, and benefits. Staff augmentation eliminates these overheads, allowing organizations to allocate resources efficiently and save on costs. 2024 Stats and Market Insights The global IT outsourcing market is set to grow by nearly 8% from 2023 to 2024, reaching USD 609.53 billion. Additionally, international IT service spending increased from USD 1.42 trillion in 2023 to USD 1.58 trillion in 2024. Challenges and Solutions While IT staff augmentation offers immense benefits, it comes with challenges such as finding the right talent, communication, and management, ensuring quality, knowledge transfer, security, and compliance. To overcome these challenges, businesses should partner with a reliable staff augmentation company that pre-vets developers, ensures cultural compatibility, establishes clear communication channels, regularly assesses performance, facilitates knowledge sharing, and has robust security practices and compliance adherence. Performix: Your IT Staff Augmentation Partner At Performix, we understand the importance of effectively bridging talent gaps. Our team of skilled professionals seamlessly integrates with your projects, ensuring success. Whether you need a short-term boost or long-term expertise, Performix delivers results. Contact us today to experience the power of IT staff augmentation. Are you ready to enhance your team and achieve excellence? Explore Performix's IT staff augmentation services today. Let's build a robust team of experts together.

[sudeepkedar]

Automatic Identification and Data Capture Market Share, Trend & Growth Forecast to 2032

Automatic Identification and Data Capture Market size is projected to expand at 13.5% CAGR from 2023-2032 driven by the rollout of digital transformation initiatives across several industries.

Woth organizations embracing digital technologies to enhance operational efficiency, automatic identification and data capture (AIDC) solutions are playing a pivotal role in automating data capture processes. Barcode scanners, RFID systems, and biometrics help facilitate accurate and efficient identification, tracking, as well as management of assets, products, and information. Across the healthcare, logistics and retail sectors, the integration of AIDC technologies is helping match the broader digital transformation goals for streamlining workflows and ensuring real-time visibility.

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Furthermore, the ongoing introduction of advanced technologies to address the evolving market demands for efficient data capture will foster the industry growth. For instance, in May 2023, Newland AIDC introduced its first label printer, the NLS-LP410, as the newest addition to its extensive product portfolio, comprising mobile terminals, barcode scanners, OEM scan engines, and interactive kiosks.

The automatic identification and data capture industry is segmented into component, technology, end-user, and region.

Based on technology, the market share from the biometrics segment is anticipated to gain significant traction from 2023-2032 owing to growing application in the healthcare, finance, and retail verticals to ensure robust authentication and streamlined data capture. The rising demand for secure and efficient identification methods coupled with the continuous technological advancements are further fueling the segment growth.

Automatic identification and data capture industry from the BFSI end-user segment is projected to record substantial growth through 2032. Across the BFSI sector, AIDC technologies help to streamline processes, such as document verification, asset tracking, and transaction authentication to render improved customer service and compliance. The ongoing adoption of innovative solutions for data accuracy and security across the BFSI domain is also likely to boost the segment growth.

Request for customization this report @       https://www.gminsights.com/roc/7395

Regionally, the Asia Pacific automatic identification and data capture market held sizable revenue share in 2022 and is anticipated to expand at a notable CAGR from 2023-2032. Several industries mainly across China, Japan, and India are rapidly digitizing their operations, further surging the demand for efficient data capture and management solutions.

The booming e-commerce sector coupled with the burgeoning retail and manufacturing activities in the region are contributing to the increasing uptake of AIDC solutions. Moreover, several industry participants are focused on providing innovative solutions for catering to the evolving consumer demands, augmenting the market outlook. For instance, in January 2022, Taiwan-based CipherLab introduced 2564ER, an Extended-Range edition in its 2500 Series of cordless handheld scanners to provide flexibility for the warehouse and manufacturing facility staff.

Partial chapters of report table of contents (TOC):

Chapter 2   Executive Summary

2.1    Automatic identification and data capture market 360º synopsis, 2018 - 2032

2.2    Business trends

2.2.1    Total Addressable Market (TAM), 2023-2032

2.3    Regional trends

2.4    Component trends

2.5    Technology trends

2.6    End-user trends

Chapter 3   Automatic Identification and Data Capture Industry Insights

3.1    Impact on COVID-19

3.2    Industry ecosystem analysis

3.3    Vendor matrix

3.4    Profit margin analysis

3.5    Technology innovation landscape

3.6    Patent analysis

3.7    Key news and initiatives

3.8    Regulatory landscape

3.9    Impact forces

3.9.1    Growth drivers

3.9.1.1   Rising demand for automatic identification and data capture in healthcare industry

3.9.1.2   Growing demand for supply chain optimization

3.9.1.3   Rise in inclination towards real-time monitoring

3.9.1.4   Increasing need for streamlining retail & e-commerce operations

3.9.2    Industry pitfalls & challenges

3.9.2.1   Significant upfront costs for implementing AIDC systems

3.9.2.2   Complexities in AIDC integration

3.10    Growth potential analysis

3.11    Porter’s analysis

3.12    PESTEL analysis

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