Learn how the current economic climate and drive for cost optimization specifically impact the technology, media, and telecoms sectors, and how AI-driven solutions can help organizations optimize direct and indirect spend while delivering sustained, profitable growth. Download this report from Deloitte and Coupa to explore the latest insights.
AI-driven optimization in the technology, media, and telecoms industry
Raw materials shortages, skills shortages, rising pay, high inflation. These headlines dominate the news and impact every business. But the impacts on the technology, media, and telecoms (TMT) industries are unique. While TMT organizations are renewing a focus on costs, the impact goes beyond cost-cutting and must align with other priorities and strategic investment in growth opportunities.
This is where targeted technology innovation, such as Generative AI, comes in. With insights from a recent Deloitte survey, this paper explores specific business challenges in the TMT sector and how AI-driven technology can help optimize spend and drive sustained growth.
In this paper you will learn:
- The importance of unlocking the power of AI with the right data
- How AI can help prevent margin erosion
- The role of AI in reducing costs and risk across source-to-contract
- Why AI is critical for increasing efficiency across procure-to-pay
- The role of technology in expense management
“63% of telecom companies report that AI adoption has helped them reduce costs in specific business areas.”
— State of AI in Telecommunications: 2024 Trends, NVIDIA Survey Report, 2024
