· RIMO suppliers deviating from model to court larger buyers
· Traditional suppliers are catching up with Indian suppliers in terms of offshore presence
New Delhi, August 20, 2009 ─ With rising pressure to sustain growth and counter the competition from [...]
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More delivery centers set-up in Tier-1 and Tier-2 locations during Q2 2009 as compared to Q1 2009
New-Delhi, August 06, 2009 – Outsourcing transaction volume increased 10 percent globally in the second quarter as compared to the first quarter this year, led by contracts signed by financial services and manufacturing firms, according to the Market Vista: [...]
PO offshoring nearly 70 percent and steadily increasing
Gurgaon, July 7, 2009 ─ Adoption of Procurement Outsourcing (PO) services by financial services firms is expected to regain momentum in the medium to long term as companies leverage a strong value proposition to reduce costs, but deals will be different than in the past, according to [...]
Multi-country payroll outsourcing (MCPO) also shows prevalence of co-opetition, where suppliers partner with each other and also with local payroll vendors to offer adequate country coverage across regions
Significantly higher coverage of Asia Pacific in MCPO deals by MNCs
Gurgaon, May 25, 2009: Multi-country payroll outsourcing (MCPO) is in the emerging rapid-growth phase, ahead of other standalone [...]
GURGAON, May 14, 2009 ─ Global outsourcing market decreased 7% in transaction volume in Q1 2009 as compared to Q4 2008, according to the latest quarterly Market Vista: Q1 2009 report on global outsourcing and offshoring activity by the Everest Research Institute. During the same period, the global annual contract value (ACV) dropped 16% from [...]
Annual spending on PO contracts surpassed US $1 billion last year
New Delhi, April 7, 2009 ─ Although the number of new contracts for Procurement Outsourcing (PO) services declined in 2008, strong interest and expansion of existing contracts sustained a 30 percent annual growth rate, according to an Everest Research Institute study of the procurement [...]
Economic recession fuelled large market FAO activity, especially with traditional adopters like manufacturers, and emerging industries like media and entertainment
Gurgaon, March 9, 2009 ─ Finance and Accounting Outsourcing (FAO) contracts signed in 2008 reached US $3 billion – the strongest year ever for new FAO spending – representing a 35 percent growth over 2007. [...]
DALLAS, February 17, 2009 – Monica Barron, Human Resources Outsourcing (HRO) senior specialist and Vice President of Research at the Everest Research Institute, has been named one of HRO Today magazine’s 2009 HRO Superstars.
Regarding the Superstar honor, HRO Today cited, “These industry giants have been instrumental in helping to make outsourcing a more efficient and [...]
Cos placing higher value for acquisitions in APAC than in North America or EMEA
Delhi NCR/Gurgaon, November 19, 2008 ─ A latest study by Everest Research Institute has shown that ITO suppliers in the APAC region are increasingly looking at mergers and acquisitions to sustain their growth momentum. Out of the 114 major M&A deals completed [...]
Economic slowdown driving HR work offshore
Gurgaon, November 13, 2008 ─ In an increasingly slowing economy, offshore providers of human resources services are well positioned to take market share from US-based suppliers as buyer companies are now more focused on early cost savings that can be gained from labor arbitrage, according to a new study by [...]
