Nimble digital challengers are cutting deeply into Communications Service Providers (CSPs) profit pools. To compete effectively, traditional service providers need to free funds to fuel growth.
Zero-based budgeting (ZBB) does just that, requiring organizations to “start from zero” to determine what line items should cost. Many service providers will still fall short of achieving the necessary cost savings. The top 50 CSPs’ current cost reduction plans will achieve only 35 percent of the savings needed.
The solution? Take ZBB a step further with ZBx—zero-based mindset. It combines ZBB’s budgetary discipline with the firepower of emerging technology, allowing for even more savings.READ THE REPORT [PDF]