Sourcing, Cloud & Xaas the Trendsredefining Enterprise IT

Total Page:16

File Type:pdf, Size:1020Kb

Sourcing, Cloud & Xaas the Trendsredefining Enterprise IT Sourcing, Cloud & XaaS The trends redefining Enterprise IT © KPMG AG 2018 Version 2.0, May 2018 Digital Ecosystem Cloud Deepdive XaaS Deepdive Sourcing Deepdive Robotics Deepdive Industry Vertical View Market Insight Sourcing, Cloud & XaaS Arago BluePrism IPSoft Digital Asset Monocle Holding Solutions Square Stripe … … … Digital Ecosystem Cloud Deepdive XaaS Deepdive Sourcing Deepdive Robotics Deepdive Industry Vertical View Indian Heritage Providers have been driving market consolidation… The trends defining enterprise IT | Sourcing, Cloud and XaaS Indian heritage Providers lead on margin, with all Big-5 providers but Tata Consulting Services achieving > 20% margin. 2016 Service Rev. ($bn) Op. Margin (KPMG Estimate) With the integration of HP-E outsourcing 47,5 (Services) 13% services, DXC Technology (née CSC) will become the worlds #3 provider, 33,5 bn 15% managed in revenues. 26 bn (incl. HP-E) 5% 23,5 bn 2% 12,5 bn 23% 17,5 bn 5% 14 bn 16% Sources: KPMG Research, HfS Research & KPMG, Select "State of Operations and Other Outsourcing 2017„ (16) (14) (12) (10) (8) (4,4) (6,5) N=454 Enterprise Buyers (Revenue) Digital Ecosystem Cloud Deepdive XaaS Deepdive Sourcing Deepdive Robotics Deepdive Industry Vertical View … ‘Cloud’ firms are accelerating that consolidation. The trends defining enterprise IT | Sourcing, Cloud and XaaS Amazon is the leader in IaaS, with about 40 percent market share. Microsoft is a clear second, followed by Google and IBM. Together these players account for approximately For Comparison 65 percent of the IaaS market today. With the 2016 Rev. ($bn) decline of on-premises data centers, they could account for almost half of all IT infrastructure 47,5 (Services) provisioning by 2020. If that is the case, only companies with 33,5 bn significant capital-investment capabilities could compete with them. One potential candidate would be Alibaba, which has recently 26 bn experienced triple-digit year-over-year cloud- related revenue growth, driven largely by cloud adoption in China. 23,5 bn 12,5 bn 2016 Rev. ($bn) Margin (KPMG Estimate) 17,5 bn > 12 (IaaS) Ca. 45% 14 bn > 4 (IaaS) Ca. 45% Sources: KPMG Research, HfS Research & KPMG, Select "State of Operations and Other > 2 (IaaS) Ca. 35% Outsourcing 2017„ (16) (14) N=454 Enterprise Buyers (Revenue) Digital Ecosystem Cloud Deepdive XaaS Deepdive Sourcing Deepdive Robotics Deepdive Industry Vertical View Opensourceandthehardware shifttoAsiaincreasethepressure. The trends defining enterprise IT | Sourcing, Cloud and XaaS Approximately 65 percent of companies increased Asian original-equipment manufacturers (OEMs) have their use of open-source software from 2015 to 2016. been making inroads in the IT infrastructure market dominated by US-based providers. Consider three examples in the server market: Consider two examples in the server market: . Major IT providers now rely on programs such as Apache . Huawei plans to shore up its position in the server market by Spark, Kubernetes, and Kubernets commercial cousin Redhat spending about $1 billion of its annual $9 billion R&D budget OpenShift. on equipment for data centers. Moreover, Airbnb, Airbus, eBay, Intel, KPMG and and . Lenovo acquired IBM’s x86 server business in 2014, helping Qualcomm are among the many large companies using to expand its footprint in large enterprises globally. TensorFlow, Google’s open-source library of machine-learning code. An equally important shift involves Asian ODMs, . Facebook’s Open Compute Project, which aims to make which have also increased their share of the hardware hardware more efficient, flexible, and scalable, has helped market as white-box systems become more popular. extend the open-source movement into the data centers of companies that are participating members, such as AT&T, Taiwan-based Quanta Computer’s cloud-computing revenue from Deutsche Telekom, and Goldman Sachs. server, storage, switch, and IoT devices has been strong. Several Asian ODMs now provide servers to some of the top global hyperscale cloud providers, including Amazon, Facebook, and Google, all of which are investing heavily in expanding their data-center infrastructure. Initiatives such as Facebook’s Open Compute Project are accelerating with this shift, since they allow members to obtain plans and designs for servers, storage, and networking. Some Asian ODMs are also offering off-the-shelf products based on open-source designs. If current trends continue, Asian ODMs may increase their revenue share of the hardware market two- or Sources: KPMG Research, McKinsey, Black Duck, North threefold by 2020. Bridge HfS Research & KPMG, "State of Operations and Outsourcing 2017„ N=454 Enterprise Buyers Digital Ecosystem Cloud Deepdive XaaS Deepdive Sourcing Deepdive Robotics Deepdive Industry Vertical View Market Zoom-out: Mid 2017 Provider Performance Overview The trends defining enterprise IT | Sourcing, Cloud and XaaS Mid 2017 Provider Financial Performance This chart shows the full range of growth rates of the 30% main service providers we track. If we broke out Microsoft’s cloud services business and Alphabet’s (Google) they’d be some company for AWS on the 25% Infosys Syntel extreme right – but this chart is only possible where the provider AWS gives revenue growth and margin for its business or services TCS 20% business unit. HCL Technologies NTT DATA has had a boost in services revenue – as the revenue Wipro Cognizant 15% Hexaware from Dell Services adds to their growth. CGI Tech Mahindra Luxoft WNS growth was boosted by the acquisitions of HealthHelp and IBM GTS Genpact Capgemini Accenture WNS Denali. 10% Mindtree Operating Margin (%) IBM GBS Tieto EXL Atos Conduent 5% NTT DATA DXC Fujitsu (Services) 0% Unisys -5% -20% -10% 0% 10% 20% 30% 40% 50% Revenue Growth (%) Sources: KPMG Research, HfS Research & KPMG, "State of Operations and Outsourcing 2017„ N=454 Enterprise Buyers Digital Ecosystem Cloud Deepdive XaaS Deepdive Sourcing Deepdive Robotics Deepdive Industry Vertical View Market Zoom-in: Mid 2017 Provider Performance Overview The trends defining enterprise IT | Sourcing, Cloud and XaaS Mid 2017 Provider Financial Performance This chart shows a selection of the largest providers’ 30% operating margin and revenue growth for the closest financial period to Mid 2017. This version of the chart zooms into the -10% to +20% growth 25% Infosys band so the positioning within the main group can be seen in Syntel more detail. TCS 20% Mid 2017 continued to be a better quarter for many of the main HCL Technologies players – but we still see some of the traditional on-shore firms Wipro Cognizant struggle to get any revenue growth – with IBM’s services 15% continue to facing challenges. CGI Hexaware Tech Mahindra IBM GTS Genpact Mid 2017 didn’t bring much relief and although there were Capgemini continued signs of better performance to come. We still see an 10% Accenture Operating Margin (%) Mindtree adjustment in growth rates for most of the leading offshore firms IBM GBS Tieto EXL Atos – stabilising around the 5% YoY, with Cognizant and HCL – who Conduent managed do better through more acquisition lead growth. 5% DXC Fujitsu (Services) 0% Unisys -5% -10% -5% 0% 5% 10% 15% 20% Revenue Growth (%) Sources: KPMG Research, HfS Research & KPMG, "State of Operations and Outsourcing 2017„ N=454 Enterprise Buyers Digital Ecosystem Cloud Deepdive XaaS Deepdive Sourcing Deepdive Robotics Deepdive Industry Vertical View Market Zoom: 2016 Annual Revenue & Growth The trends defining enterprise IT | Sourcing, Cloud and XaaS 60,0 60,0% 55,1% 50,0 2016 Growth 50,0% 47,5 40,0 40,0% 33,4 30,0 30,0% 23,3 20,0 20,0% 18,2 17,3 14,3 13,5 13,0 12,5 12,2 10,0 8,6% 9,7% 10,1 9,8 9,9% 10,0% 7,1% 6,7% 7,6 7,5 7,5 6,7 6,1% 4,5% 5,2% 5,4% 4,2 1,6% 9,5% 2,6 2,5 0,0 -1,2% 0,0% -3,4% -5,0% -3,7% -4,9% -6,6% Growth (%) -10,0 -10,0% Services Revenue ($b) -20,0 -20,0% -25,7% -30,0 -30,0% This chart shows a selection of the largest providers’ revenue and revenue growth for calendar year 2016. This is based on raw services revenues from the providers publicly stated quarterly revenues – for the period as close to January 2016 to December 2016. As we Sources: KPMG Research, move forward we will be changing our list of suppliers to reflect recent acquisitions and divestments; for example we will include HfS Research & KPMG, Conduit services and DXC Technology (the name for CSC and HP Services) as soon a public figures become available. "State of Operations and Outsourcing 2017„ N=454 Enterprise Buyers Digital Ecosystem Cloud Deepdive XaaS Deepdive Sourcing Deepdive Robotics Deepdive Industry Vertical View Public cloud goes mainstream, and mission critical. The trends defining enterprise IT | Sourcing, Cloud and XaaS While companies have been moving their KPMG’s leading clients workloads to have drastically reduced outsourcing provider or even eliminated their and public cloud private data centers, datacenters for years, moving their operations there has recently been to the cloud. a sea change at large enterprises. In fact, cloud providers are expected to account for about 80 % of Mission Critical Mission Mission Critical Mission shipped server and storage capacity by 2018. Differentiating Differentiating Digital Ecosystem Cloud Deepdive XaaS Deepdive Sourcing Deepdive Robotics Deepdive Industry Vertical View Sourcing Strategies will be much more granular going forward. With legacy Outsourcing The trends defining enterprise IT | Sourcing, Cloud and XaaS providers focusing their portfolios, they are less 10 years ago 5 years ago Today and going forward willing to accept a broad estate of services as a Single Tower Outsourcing Multi-Tower Outsourcing & Shoring Strategic out-tasking Procurement economies, Economies of scale, Blend of, ‚legacy‘ Outsourcing single provider. scalable labour labour arbitrage & automation cloud, XaaS and Robotics Sustainable sourcing strategy will be more Captive oderOutsourced IT Service Desk complex, and will blend, Service Integration & Management ‚legacy‘ Outsourcing cloud, XaaS and EUC Cloud & Networks Robotics.
Recommended publications
  • Everest Group PEAK Matrix for Insurance Analytics And
    ® Insurance Analytics and Insights (A&I) Third-party Services PEAK Matrix® Assessment 2020 SELECT SLIDES Insurance - Business Process Outsourcing (BPO) Market Report – June 2020 ® Copyright © 2020 Everest Global, Inc. We encourage you to share these materials internally within your company and its affiliates. In accordance with the license granted, however, sharing these materials outside of your organization in any form—electronic, written, or verbal—is prohibited unless you obtain the express, prior, and written consent of Everest Global, Inc. It is your organization’s responsibility to maintain the confidentiality of these materials in accordance with your license of them. EGR-2020-28-R-3807 Summary of key messages (page 1 of 2) R Everest Group PEAK Matrix® for Analytics & Insights (A&I) in Insurance Services ⚫ Everest Group classified 17 A&I insurance service providers on the Everest Group ® PEAK Matrix into the three categories of Leaders, Major Contenders, and Aspirants. Insurance Analytics and Insights (A&I) Third-party Services PEAK Matrix® Assessment 2020 The PEAK Matrix® is a framework to assess the overall vision and capability and market impact of service providers – Leaders: There are three service providers in the Leaders category – Cognizant, Leaders Major Contenders Aspirants EXL, and Genpact High – Major Contenders: The Major Contenders category has 11 service providers – Major Contenders Leaders Accenture, Bridgei2i, Capgemini, CGI, DXC, Mphasis, NTT DATA, Sutherland Global Cognizant Services, TCS, WNS, and Xceedance
    [Show full text]
  • Everest Group PEAK Matrix® for Life Sciences Operations Service Providers 2021
    Everest Group PEAK Matrix® for Life Sciences Operations Service Providers 2021 Focus on ZS July 2021 Copyright © 2021 Everest Global, Inc. This document has been licensed to ZS EGR-2021-54-E-4458 Everest Group PEAK Matrix® for Life Sciences Operations Service Providers 2021 Background of the research The life sciences industry has been severely impacted by the COVID-19 pandemic, with hundreds of clinical trials halted and most ongoing trials disrupted in one way or the other. In the wake of this disruption, enterprises are increasingly investing in digital technologies to adapt to the evolving drug development model (such as increasing adoption of virtual or/and hybrid trials) and looking at various approaches to reduce costs, minimize operational disruptions, and enhance overall efficiencies. Service providers are helping enterprises embrace the paradigm shift by delivering services and solutions across the life sciences operations value chain. From offering cost-effective pharmacovigilance services and technology-driven commercial operations, to supporting enterprises on domain-intensive clinical trial operations, service providers are partnering with biopharmas and medical device manufacturers to manage their evolving priorities and growing business needs. In this research, we present an assessment and detailed profiles of 31 life sciences BPS service providers featured on the life sciences operations – services PEAK Matrix®. Each service provider profile provides a comprehensive picture of its service focus, core capabilities, key Intellectual Property (IP) / technology solutions, domain investments, and case studies. The assessment is based on Everest Group’s annual RFI process for calendar year 2020-2021, interactions with leading life sciences BPS services providers, client reference checks, and an ongoing analysis of the life sciences BPS market.
    [Show full text]
  • Everest Group’S Remarks on Service Providers 51 ⚫ Accenture 52 ⚫ Atos 53 ⚫ Capgemini 54 ⚫ Citiustech 55 ⚫ Cognizant 56 ⚫ Deloitte 57
    ® Healthcare Provider Digital Services PEAK Matrix® Assessment 2020 Healthcare IT Services Market Report – June 2020 ® Copyright © 2020 Everest Global, Inc. We encourage you to share these materials internally within your company and its affiliates. In accordance with the license granted, however, sharing these materials outside of your organization in any form—electronic, written, or verbal—is prohibited unless you obtain the express, prior, and written consent of Everest Global, Inc. It is your organization’s responsibility to maintain the confidentiality of these materials in accordance with your license of them. EGR-2020-45-R-3798 Our research offerings for global services ► Market Vista™ More about membership Global services tracking across functions, sourcing models, locations, and service providers – industry tracking reports also available In addition to a suite of published research, ► Application Services ► Human Resources a membership may include ► BPS | Banking & Financial Services ► ITS | Banking & Financial Services ⚫ Accelerators™ ► BPS | Healthcare & Life Sciences ► ITS | Healthcare ⚫ Analyst access ► BPS | Insurance ► ITS | Insurance ⚫ Data cuts ⚫ Pinnacle Model® reports ► Catalyst™ ► IT Services Executive Insights™ ⚫ PriceBook ► Cloud & Infrastructure ► ITS | Life Sciences ⚫ Virtual Roundtables ► Customer Experience Management Services ► Locations Insider™ ⚫ Workshops ► Data & Analytics ► PricePoint™ ► Digital Services ► Procurement Custom research capabilities ► Engineering Services ► Recruitment & Talent Acquisition
    [Show full text]
  • Everest Group Services PEAK Matrix™ for Healthcare Payer BPO Service Providers
    R Everest Group Services PEAK Matrix™ for Healthcare Payer BPO Service Providers Focus on Conduent December 2017 Copyright © 2017 Everest Global, Inc. This document has been licensed for exclusive use and distribution by Conduent EGR-2017-12-E-2506 Introduction and scope Everest Group recently released its report titled “Healthcare Payer BPO – Service Provider Landscape with Services PEAK Matrix™ Assessment 2018”. This report analyzes the changing dynamics of the healthcare payer BPO landscape and assesses service providers across several key dimensions. As a part of this report, Everest Group updated its classification of 25 service providers on the Everest Group Services PEAK Matrix for healthcare payer BPO into Leaders, Major Contenders, and Aspirants. The PEAK Matrix is a framework that provides an objective, data-driven, and comparative assessment of healthcare payer BPO service providers based on their absolute market success and delivery capability. Based on the analysis, Conduent cemented its position as a Leader. This document focuses on Conduent’s healthcare payer BPO experience and capabilities. It includes: Conduent’s position on the Everest Group healthcare payer BPO PEAK Matrix Detailed healthcare payer BPO profile of Conduent Buyers can use the PEAK Matrix to identify and evaluate different service providers. It helps them understand the service providers’ relative strengths and gaps. However, it is also important to note that while the PEAK Matrix is a useful starting point, the results from the assessment may not be directly prescriptive for each buyer. Buyers will have to consider their unique situation and requirements, and match them against service provider capability for an ideal fit.
    [Show full text]
  • Hfs Webinar Slides
    Webinar Digital Market Index - Market Size, Forecast and Key Happenings December 2017 Jamie Snowdon Phil Fersht Ollie O’Donoghue Chief Data Officer, HfS Research Chief Executive Officer & Chief Analyst Research Director [email protected] [email protected] [email protected] © 2017 HfS Research Proprietary │Page 1 Agenda • The emergence of digital • The financial health of the IT Services industry • How and why providers are embracing digital • Is the decline in headcount levelling off? • Wrap-up and questions © 2017 HfS Research Proprietary │Page 2 Today’s Speakers Phil Fersht Jamie Snowdon Ollie O’Donoghue CEO and Chief Analyst Chief Data Officer Senior Research Analyst HfS Research HfS Research HfS Research [email protected] [email protected] [email protected] © 2017 HfS Research Proprietary │Page 3 © 2017 HfS Research Ltd. HfS – The Evolution FORA Leadership Council Launched 40 1400000 Cambridge UK 35 HQ Opens 1200000 30 HfS India 1000000 HfS Blueprint Opens 25 is Launched Introduces RPA to 800000 20 Boston US Industry HQ Opens 600000 15 400000 Annual Site Visits Number of Employees 10 5 200000 0 0 2010 2011 2012 2013 2014 2015 2016 2017 Employees Site Visitors © 2017 HfS Research Ltd. © 2017 HfS Research Ltd. FORA Summits in 2018 New York – March 7-8 2018 Cambridge UK – July 3 2018 Bangalore – September 18 2018 Boston – November 2018 For more info about HfS FORA Summmits, please email [email protected] © 2017 HfS Research Ltd. It’s all about data now… Which of
    [Show full text]
  • Everest Group Healthcare Payer Operations – Services PEAK Matrix® Assessment 2020
    ® Everest Group PEAK Matrix® for Healthcare Payer Operations – Service Providers 2020 Focus on Cognizant June 2020 ® Copyright © 2020 Everest Global, Inc. This document has been licensed for exclusive use and distribution by Cognizant EGR-2020-20-E-3774 Background and methodology of the research Background of the research Consumerism, the rise of digital, margin pressures, regulatory uncertainty, and value-based care are increasingly pushing healthcare payers to rethink their business models. Many payers – especially larger ones with multi-state presence – are strengthening their market positions by controlling as many pieces in the healthcare ecosystem as possible, as seen in the big-ticket acquisitions in recent years. With M&A activity now subsiding, the next logical step for payers to deal with growth/competitive challenges is to invest in differentiating their capabilities in terms of smoother member engagement, streamlined network management, transparent claims administration, and meaningful care support. To achieve their objectives in this regard, third-party support is vital, and, hence, it becomes extremely important for healthcare payers to identify the right service providers to transform and differentiate themselves. This report studies leading healthcare payer BPO service providers and compares their capabilities in detail. Scope and methodology In this research, we analyze the global healthcare payer BPS provider landscape. We focus on: ⚫ Relative positioning of 29 service providers on Everest Group’s PEAK Matrix® for healthcare payer operations ⚫ Analysis of service provider’s market share ⚫ Everest Group’s analysis of service providers’ strengths and areas of improvement ® Copyright © 2020, Everest Global, Inc. 2 EGR-2020-20-E-3774 Introduction and scope Everest Group recently released its report titled “Healthcare Payer Operations – Services PEAK Matrix® Assessment 2020.” This report analyzes the changing dynamics of the healthcare payer operations – services landscape and assesses service providers across several key dimensions.
    [Show full text]
  • Everest Group PEAK Matrix™ for Healthcare Payer BPO Service Providers
    Everest Group PEAK Matrix™ for Healthcare Payer BPO Service Providers Focus on Conduent March 2017 Copyright © 2017 Everest Global, Inc. This document has been licensed for exclusive use and distribution by Conduent EGR-2017-12-E-2127 Introduction and scope Everest Group recently released its report titled “Healthcare Payer BPO – Service Provider Landscape with PEAK Matrix™ Assessment 2016”. This report analyzes the changing dynamics of the healthcare payer BPO landscape and assesses service providers across several key dimensions. As a part of this report, Everest Group updated its classification of 20 service providers on the Everest Group Performance | Experience | Ability | Knowledge (PEAK) Matrix for Healthcare Payer BPO into Leaders, Major Contenders, and Aspirants. The PEAK Matrix is a framework that provides an objective, data-driven, and comparative assessment of Healthcare Payer BPO service providers based on their absolute market success and delivery capability. Based on the analysis, Conduent emerged as a Leader. This document focuses on Conduent’s healthcare payer BPO experience and capabilities. It includes: Conduent’s position on the Everest Group healthcare payer BPO PEAK Matrix Detailed Healthcare Payer BPO profile of Conduent Buyers can use the PEAK Matrix to identify and evaluate different service providers. It helps them understand the service providers’ relative strengths and gaps. However, it is also important to note that while the PEAK Matrix is a useful starting point, the results from the assessment may not be directly prescriptive for each buyer. Buyers will have to consider their unique situation and requirements, and match them against service provider capability for an ideal fit.
    [Show full text]
  • Third-Party Services PEAK Matrix® Assessment 2020
    ® Insurance Analytics and Insights (A&I) Third-party Services PEAK Matrix® Assessment 2020 Insurance - Business Process Outsourcing (BPO) Market Report – June 2020: Complimentary Abstract / Table of Contents ® Copyright © 2020, Everest Global, Inc. EGR-2020-28-CA-3807 Our research offerings for global services ► Market Vista™ More about membership Global services tracking across functions, sourcing models, locations, and service providers – industry tracking reports also available In addition to a suite of published research, ► Application Services ► Human Resources a membership may include ► BPS | Banking & Financial Services ► ITS | Banking & Financial Services ⚫ Accelerators™ ► BPS | Healthcare & Life Sciences ► ITS | Healthcare ⚫ Analyst access ► BPS | Insurance ► ITS | Insurance ⚫ Data cuts ⚫ Pinnacle Model® reports ► Catalyst™ ► IT Services Executive Insights™ ⚫ PriceBook ► Cloud & Infrastructure ► ITS | Life Sciences ⚫ Virtual Roundtables ► Customer Experience Management Services ► Locations Insider™ ⚫ Workshops ► Data & Analytics ► PricePoint™ ► Digital Services ► Procurement Custom research capabilities ► Engineering Services ► Recruitment & Talent Acquisition ⚫ Benchmarking | Pricing, delivery model, ► Enterprise Platform Services ► Service Optimization Technologies skill portfolio ⚫ Peer analysis | Scope, sourcing models, ► Finance & Accounting locations ⚫ Locations | Cost, skills, sustainability, Membership information portfolio – plus a tracking tool ⚫ This report is included in the following research program(s) ⚫ Tracking
    [Show full text]
  • The World's Most Inf Luential Decision Makers
    AB The World’s Most Influential Decision Makers A network of chief executives driving the future of business. Mike Roman, 3M Daniel L. Florness, Fastenal Gregory J. Hayes, Raytheon Technologies Jo Ann Jenkins, AARP Marco Levi, Ferroglobe Plc Dennis E. Abboud, Readerlink, LLC Robert Ford, Abbott Jonathan Brossard, Fischer Connectors Laxman Narasimhan, Reckitt Benckiser Group Plc Julie Sweet, Accenture Greg Schlafer, Foremost Farms USA Lisa Palmer, Regency Centers Jimmy Etheredge, Accenture, North America Jim Lico, Fortive Mukesh D. Ambani, Reliance Industries Limited Michael Wolf, Activate Consulting Cain A. Hayes, Gateway Sarah M. Chamberlain, Republican Main Street Partnership Zia Chishti, Afiniti Kevin F. Nolan, GE Appliances a Haier company Jay L. Geldmacher, Resideo Technologies, Inc. Colin Hunt, AIB Tom McInerney, Genworth Financial, Inc. Chris Peel, Rheem Manufacturing Company Tom Leighton, Akamai Technologies Sanjeev Gupta, GFG Alliance Manoj Menda, RMZ Corp Joel Marcus, Alexandria Real Estate Equities, Inc. Michael E. McKelvy, Gilbane Building Company Afsaneh M. Beschloss, RockCreek Stephan Scholl, Alight Solutions Joel Hyatt, Globality Dr. Kathy Bloomgarden, Ruder Finn Simon Freakley, AlixPartners Rachel Carlson, Guild Education Clarke Murphy, Russell Reynolds Associates Ralph Andretta, Alliance Data Muhammad Aurangzeb, Habib Bank Limited Sir Martin Sorrell, S4 Capital John Maraganore, Alnylam Pharmaceuticals Robert C. Garrett, Hackensack Meridian Health Cenk Alper, Sabanci Holding Claude LeBlanc, Ambac Financial Group Steven Sonberg, Holland & Knight LLP Marc Benioff, Salesforce Nicholas Akins, American Electric Power Enrique Lores, HP Inc. Kathryn McLay, Sam's Club Paul Tufano, AmeriHealth Caritas Family of Companies Dr. Amy Schabacker Dufrane, HR Certification Institute Mark Testoni, SAP National Security Services (SAP NS2) John Crowley, Amicus Therapeutics Cher Wang, HTC Corp.
    [Show full text]
  • HFS Top 10 RPA Service Providers 2018 Excerpt for KPMG
    HFS Top 10 RPA Service Providers 2018 Excerpt for KPMG HFS Research authors: Elena Christopher, Research Vice President Maria Terekhova, Senior Research Analyst October 2018 “Despite signs of vibrant growth such as the latest billion+ valuations of the most prominent RPA software firms, RPA is still a nascent market with enterprise strategies continuing to percolate and a notable dearth of experienced talent. Service providers have a critical role to play in the evolution of the RPA marKet.” – Elena Christopher, Research Vice President 2 © 2018, HFS Research Ltd Excerpt for KPMG What you’ll read Topic Page Introduction, methodology, and definitions 4 Executive summary 10 The HFS Top 10 RPA service providers results 14 RPA service provider profiles 19 About the authors 21 3 © 2018, HFS Research Ltd Excerpt for KPMG Introduction, methodology, and definitions 4 © 2018, HFS Research Ltd Excerpt for KPMG Introduction ! RoBotic Process Automation (RPA) has emerGed as a powerful chanGe aGent, with enterprises around the GloBe emBracinG it as a means to automate manual processes and create a Bridge to a digital future. Despite signs of vibrant growth such as the latest Billion+ valuations of the most prominent RPA software firms, RPA is still a nascent market with enterprise strateGies continuing to percolate and a notable dearth of experienced talent. ! In a first of its kind report, the HFS RPA Services Top 10 report examines the role service providers are playinG in the evolving RPA market. We assessed and rated the RPA services capaBilities of 29 service providers across a defined series of innovation, execution, and voice of the customer criteria.
    [Show full text]
  • Everest Group PEAK Matrix™ for Banking BPO Service Providers
    ® Everest Group PEAK Matrix™ for Banking BPO Service Providers Focus on TCS April 2018 ® ™ Copyright © 2018 Everest Global, Inc. This document has been licensed for exclusive use and distribution by TCS EGR-2018-27-E-2613 Introduction and scope Everest Group recently released its report titled “Banking BPO – Service Provider Landscape with Services PEAK Matrix™ Assessment 2018”. This report analyzes the changing dynamics of the banking BPO landscape and assesses service providers across several key dimensions. As a part of this report, Everest Group updated its classification of 26 service providers on the Everest Group PEAK Matrix™ for banking BPO into Leaders, Major Contenders, and Aspirants. The PEAK Matrix is a framework that provides an objective, data-driven, and comparative assessment of banking BPO service providers based on their absolute market success and delivery capability. Everest Group also identified four service providers as the “2018 banking BPO Star Performers” based on the strongest forward movement demonstrated on the PEAK Matrix year-on-year. Based on the analysis, TCS emerged as a Leader. This document focuses on TCS’s banking BPO experience and capabilities and includes: TCS’s position on the banking BPO PEAK Matrix Detailed banking BPO profile of TCS Buyers can use the PEAK Matrix to identify and evaluate different service providers. It helps them understand the service providers’ relative strengths and gaps. However, it is also important to note that while the PEAK Matrix is a useful starting point, the results from the assessment may not be directly prescriptive for each buyer. Buyers will have to consider their unique situation and requirements, and match them against service provider capability for an ideal fit.
    [Show full text]
  • Everest Group PEAK Matrix® for P&C Insurance BPO 2020
    ® Everest Group PEAK Matrix® for P&C Insurance BPO Service Providers 2020 Focus on TCS March 2020 ® Copyright © 2020 Everest Global, Inc. This document has been licensed for exclusive use and distribution by TCS EGR-2020-28-E-3683 Background of the research The Property and Casualty (P&C) insurance market has witnessed optimum growth in 2019; however, remains impacted due to the global economic strain. Other factors shaping the P&C insurance market include evolving risks, changing compliance and audit requirements, and an enhanced need for personalization. To stay competitive, insurers are increasingly embracing digital technologies, that includes advanced analytics and cognitive aids, to provide consumers a seamless and personalized experience. Consequently, insurers’ demands from service providers have also moved beyond cost efficiencies to value additions, to aid their transformation agendas. In this research, we present detailed assessments of 21 P&C insurance BPO service providers, based on their vision, capabilities, and market impact, and look at their relative positioning on the Everest Group PEAK Matrix® for P&C insurance BPO. Our assessment is based on Everest Group’s annual RFI process for H2 2018- H1 2019, interactions with leading P&C insurance BPO service providers, client reference checks, and an ongoing analysis of the P&C insurance BPO market. Scope This research covers the following P&C insurance BPO service providers: Accenture, Atos Syntel, Capita, Cogneesol, Cognizant, Conduent, Covenir, DXC Technology, Exela Technologies, EXL, Genpact, Infosys, Innovation Group, MFX, Mphasis, Patra Corp, ResourcePro, Sutherland Global Services, TCS, WNS, and Xceedance. Contents This report features profiles of 21 P&C insurance BPO service provider, each of which includes: ⚫ Relative positioning of the service provider on Everest Group’s PEAK Matrix® for P&C insurance BPO ⚫ Service provider market impact ⚫ Service provider vision and capability assessment across key dimensions ⚫ Comments about service providers ® Copyright © 2020, Everest Global, Inc.
    [Show full text]