Did you know insurers spend over 34 hours on average processing a single complex claim? As claims management evolves into a strategic differentiator, why do 68% of organizations still struggle with manual workflows? The disconnect between technological capability and operational reality reveals urgent industry challenges.
When issuing an Invitation to Bid (ITB), why do 42% of vendors report confusion about technical specifications? As global procurement volumes surge - reaching $13.6 trillion in 2023 according to Gartner - flawed bidding processes could literally make or break infrastructure projects. Let's examine what's really happening beneath the surface.
When top-rated load management systems prevent $4.7 billion in annual energy waste globally, why do 63% of industrial facilities still rely on outdated power distribution methods? The answer lies in understanding evolving operational demands versus legacy infrastructure limitations.
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