By Mark Atterby. The demand for BPO and outsourcing services remains steady, but anti-incumbency, shorter deals, emerging markets and disruptive technologies are on the rise and reshaping the future. Specialist high value providers are eroding the position of some leading provides.
BpaaS (Buinsess Process as a Service) allows smaller providers to provide more nimble and tailored solutions to the market, addressing specific industry needs and delivering the benefits of outsourcing to smaller organisations. According to a recent report from Everest Group the trends shaping the market
- A strong “anti-incumbency” sentiment among buyers, particularly with respect to technology and business process outsourcing
- Shorter deal duration as buyers exercise a preference to unbundle IT services
- Increasing traction from emerging markets in industries such as insurance, oil and gas, and manufacturing
- Increasing adoption of disruptive technologies such as cloud, mobility, analytics, and robotic automation