The Case for Impact Sourcing

Outsourcing to High Potential but Disadvantaged Workers Makes Good Business Sense by H. Karthik and Shyan Mukerjee Impact sourcing is not just a nice thing to do; it also makes perfectly good business sense. Just ask Tata Consultancy Services (TCS), the India-based global business services organization that employs more than 300,000 IT consultants in 46 […]

Trends in BFSI Outsourcing Usher in a New Era of Prospects

Companies in the financial services sector have been on a renewed mode of growth made possible by the utilization of technological applications, as part of innovative growth strategies. The changing demands of customers, budget pressures, increased competition and rising regulatory as well as risk demands have led to new trends in BFSI outsourcing. The financial […]

Procurement outsourcing and supply chain management BPO defined: Everest research

Direct materials functions are often on the borderline of supply chain management or procurement outsourcing with the borders blurring even further in some cases. When functional elements like environmental safety and health, vendor management inventory, general supplier management, supplier compliance and materials management are introduced, it becomes hard to figure out to which category these […]

Global Services Market Predictions for 2013: Everest Group

Everest Group is a renowned advisory firm that provides insight and strategic analysis for leaders of various global services. The group has helped more than 1000 firms to increase their efficiency substantially by organizing their services. Everest group counsels organizations with tough challenges needed to deliver international services and have laid out their predictions for […]

PEAK Matrix of Everest Group tags TCS as Leader in insurance BPO

According to a report from Everest Group titled, ‘A PEAK into the Leaders, Major Contenders and Emerging Players of Insurance BPO’, TATA Consultancy Services (TCS) has been tagged as the Leader among the companies in insurance BPO industry. TCS earned the accolade due to the company’s attributes like market success, scale as well as the […]

Cost reduction not the only factor driving cloud adoption: Everest Group

According to a latest survey on cloud adoption conducted by Everest Group and Cloud Connect, cost reduction is not the factor that drives the enterprises to adopt cloud solutions but it’s the improvement in the productivity and speed to the market that encourages them. The report titled “Enterprise Cloud Adoption Survey” discusses the cloud adoption […]

Recruitment Process Outsourcing market to grow at 25% in 2012: Everest Group

According to the latest report by Everest Group, Recruitment Process Outsourcing (RPO) market is likely to grow at a rate of 25% to reach $1.4 billion this year. The new research report titled “Recruitment Process outsourcing (RPO) Annual report 2012- Raising the Bar to Sustain Momentum” by the leading research and analyst firm claims that […]

Top 5 Procurement Outsourcing Service Providers: Everest Peak Matrix

Procurement outsourcing (PO) in 2011 witnessed a strong growth. The PO market grew by 14% according to the latest report by Everest Group. It is estimated that more than $190 billion were spent on PO by the companies all over the world. Today PO solutions are not only restricted to large companies, in fact mid-sized […]

TCS named as leader in Finance and Accounting outsourcing: Everest Group

India’s leading IT firm, Tata Consultancy Services (TCS), has been named as the leader in finance and outsourcing (FAO) by Everest Group Peak Matrix. According to the report “FAO Service Provider Landscape – Survival and Growth in the Crowded FAO Market” published by analyst firm Everest Group, the main attributes that helped TCS to be […]

Multi-process HR outsourcing market to reach $3.3 billion in 2012: Everest Group

Multi-process HR outsourcing (MPHRO) market is estimated to grow 6% in Annual Contract Value (ACV) in 2012 according to a study by Everest Group.  The new report ‘Multi-Process Human resources Outsourcing Annual Report 2012’ published by the global consulting and research firm Everest Group, revealed that the market has attained a modest growth of 2% […]

Procurement outsourcing market size set to be $1.8 billion in 2012: Everest Report

According to a report published by leading research firm, Everest Group, the Procurement outsourcing market will grow at a rate of 15% in 2012. As per the Procurement Outsourcing Annual Report 2012, the Annual Contract Value (ACV) of new deals signed in 2012 will reach $1.8 billion. The report suggests that the Total value of […]

$85 billion worth outsourcing contracts coming to end of term: Everest Group

A study by Everest group revealed that more than US$85 billion IT outsourcing (ITO) and Business process Outsourcing contracts are about to expire in next 18 months. The study was published by a leading advisory and research firm for global services, Everest Group. Large contracts were signed before the economic slowdown struck US. As a […]