Few industries face as much pressure as financial services. On one hand, fraud, cybercrime, and regulatory complexity are increasing at an alarming rate. On the other, investors and boards demand faster growth, stronger customer retention, and greater efficiency.
Manufacturers operate in one of the most challenging environments in business. Margins are often razor-thin, production costs are rising, and customer expectations for quality and speed are at all-time highs. According to Deloitte, unplanned downtime costs industrial manufacturers an estimated $50 billion annually, while scrap and rework can consume up to 20–30% of total production costs in some plants.
The logistics and transportation industry has always operated on razor-thin margins. According to McKinsey, global logistics providers average operating margins of just 5–10%, meaning small cost increases can devastate profitability.