In today’s increasingly digital world, businesses recognize the need to transform their operations and capabilities by adopting more integrated and dynamic technologies. Deloitte recently released their 2019 Global Cost Survey, and the findings show that cost reduction and cost management remains a top priority for businesses worldwide. “By harnessing the power of digital technology to streamline their cost structures and generate cost savings, companies can take full advantage of the latest digital innovations — becoming the disrupters, rather than the disrupted.” – Omar Aguilar, principal and global strategic cost transformation leader, Deloitte Consulting LLP. We all know there are only two ways to grow profits – generate more revenue or reduce costs. Investing in technology to drive down costs is important – but investing in technology to understand the true drivers of cost in your organization is equally important.