New Report Shows Europe Overtaking North America as Top Outsourcing Region
16 Dicembre 2009 - 4:36PM
PR Newswire (US)
TPI Momentum(SM) Market Trends & Insights 3Q09 Geography Report
ranks 115 countries, helping outsourcing service providers, market
watchers pinpoint potential buyers HOUSTON, Dec. 16 /PRNewswire/ --
TPI, the largest sourcing data and advisory firm in the world and a
unit of Information Services Group, Inc. (ISG)
(NASDAQ:IIINASDAQ:IIIIUNASDAQ:IIIIW), an industry-leading
information-based services company, today released data showing
that through the first three quarters of 2009, Europe surpassed
North America as the leading region in the world for outsourcing
spending by Forbes® Global 2000 (G2000) companies and is on track
to end the year as the highest-spending region for the first time.
According to the TPI Momentum(SM) Market Trends & Insights 3Q09
Geography Report, European G2000 companies outspent their North
American counterparts by approximately $1.2 billion in average
annual contract value (ACV) through the third quarter. North
America, which led the world in outsourcing spending by G2000
companies in 2008 with $29.6 billion in ACV versus $28.7 billion
for Europe, looks poised to miss that mark this year and lose its
top spot. The TPI Momentum Market Trends & Insights 3Q09
Geography Report is the latest in the Market Trends & Insights
series, which combines robust market data with expert analysis to
provide a completely new perspective on the sourcing industry. To
learn more and view a summary of the Report, visit
http://www.tpi.net/pdf/getfile.asp?file=resources/TPI-Momentum-3Q09-MTI-Geogra
phy-Report-Summary.pdfhttp://www.tpi.net/resources/service_providers/TPIMoment
um.html. "Understanding the global outsourcing market requires
up-to-date information on local and regional dynamics in every part
of the world," said Melany Williams, Partner and Managing Director,
TPI Momentum. "This Report offers on-the-ground detail and analysis
by TPI experts and advisors to help service providers and others
identify and pursue the most promising opportunities - wherever
they might lie." For each of the six regions, the Report analyzes
contract trends, delivery center activity and business and
political developments that impact the sourcing industry.
Twenty-nine individual country profiles provide more detailed
information about the sourcing climate within key markets,
including changes in size, opportunities for future growth and
penetration rates of service providers. The Report also introduces
a new research methodology, the TPI Outsourcing Viability Index,
which compares the strengths and weaknesses of 115 countries on the
key attributes that service providers look for when deciding where
to establish a service delivery center, including Education &
Workforce, Infrastructure & Technology and Political and
Economic Stability. TPI designed the Index based on its experience
evaluating service delivery locations for hundreds of outsourcing
buyers. Among the notable results from the TPI Outsourcing
Viability Index: -- North America and Europe dominate the rankings,
with the United States and Canada at No. 1 and 3, respectively, and
six European countries making the top 10 - the United Kingdom (2),
Germany (4), the Netherlands (6), France (7), Switzerland (9) and
Denmark (10). -- While other markets are growing slowly but
steadily, India (13) and China (21) have experienced a rapid rise
in spending among their G2000 companies, with China's market growth
appearing to lag India's by about two years. Both countries were
rated among the top 10 on the Sourcing Environment dimension. --
Brazil (24), the highest-ranked country in Latin America, also made
the top 10 for Sourcing Environment. The Report found that Latin
America is home to the fourth-highest market opportunity among the
regions with $3 billion in additional ACV potential. About TPI TPI,
a unit of Information Services Group, Inc. (ISG)
(NASDAQ:IIINASDAQ:IIIIUNASDAQ: IIIIW), is the founder and innovator
of the sourcing advisory industry, and the largest sourcing data
and advisory firm in the world. We are expert at a broad range of
business support functions and related research methodologies.
Utilizing deep functional domain expertise and extensive practical
experience, our accomplished industry experts collaborate with
organizations to help them advance their business operations
through the best combination of business process improvement,
shared services, outsourcing and offshoring. In addition, TPI
Momentum, a business unit of TPI, provides information and insights
to outsourcing and offshoring service providers to help them
provide enhanced services to their sourcing clients. In 2009, TPI
is celebrating its 20th anniversary. For additional information,
visit http://www.tpi.net/. About Information Services Group, Inc.
Information Services Group, Inc. (ISG)
(NASDAQ:IIINASDAQ:IIIIUNASDAQ:IIIIW) was founded in 2006 to build
an industry-leading, high-growth, information-based services
company by acquiring and growing businesses in advisory, data,
business and media information services. In November 2007, the
company acquired TPI, the largest independent sourcing advisory
firm in the world. Based in Stamford, Conn., ISG has a proven
leadership team with global experience in information-based
services and a track record of creating significant value for
shareowners, clients and employees. For more, visit
http://www.informationsg.com/. DATASOURCE: TPI CONTACT: Todd
Miller, TPI, +1-480-235-7018, ; or Rhena Wallace, Cohn & Wolfe
for TPI, +1-212-798-9832, Web Site: http://www.tpi.net/
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