Due to hyper-competition and market uncertainties, organizations across the world are facing an ever-growing skill gap and a shrinking talent pool. As a consequence, they must continuously strive to deliver projects with fewer resources to remain afloat in the current business landscape. However, in a multi-project environment, managing resources across numerous ongoing and pipeline engagements becomes a tough balancing act. Therefore, to overcome critical resource-related challenges, organizations must adopt new-age solutions such as real-time resource forecasting and optimization that can help mitigate bottlenecks before they impede organizational efficiency.

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