TechNavio recognizes the following companies as the key players in the Global Procurement Outsourcing Market: IBM Corp., Accenture plc, Xerox Corp., and Xchanging plc.
Commenting on the report, an analyst from TechNavio’s IT Services team said: ”BPO vendors worldwide have employed various pricing models to meet the requirements and changing expectations of clients. Initially, a simple model that was built on simple human resources replacement was practiced. This led to the widespread use of the pricing per FTE model, i.e., the cost to the company per employee. Another pricing model, the T and M model, which involves service providers charging for human resources employed per unit of time, was considered while signing contracts.”
According to the report, with the upcoming destinations of outsourcing for business processes, and 24/7 availability of high-quality services, clients are increasingly seeking outsourcing to reach out to local talent and maintain the economic cost structure of their organizations.
Further, the report states that it is often observed that service providers invest in infrastructure and the capacity to deliver cost-effective resources but lack the necessary knowledge of the business domain that is required to fully understand a variety of business circumstances and business processes in order to carry out effective outsourcing. This is one of the major challenges in this market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Procurian Inc., Cap Gemini S.A., Infosys Ltd., Genpact Ltd., HP Co., Wipro Ltd., Proxima Group, TCS Ltd. and WNS Ltd.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-procurement-outsourcing-market-2…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Engineering market research, please visit https://www.technavio.com/it-services
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TechNavio Announces the Publication of its Research Report “ Global Procurement Outsourcing Market 2012-2016
