New Information Product from TPI Examines Outsourcing Trends, Opportunities in Key Vertical Markets
06 Mai 2009 - 10:30PM
PR Newswire (US)
TPI Momentum Market Trends & Insights Vertical Industries
Report offers unique data, ground-level intelligence for 26
different sectors HOUSTON, May 6 /PRNewswire/ -- TPI, the largest
sourcing data and advisory firm in the world and a unit of
Information Services Group, Inc. (NASDAQ:IIINASDAQ:
IIIIUNASDAQ:IIIIW), a leader in the information-based services
industry, today announced the release of the TPI Momentum 2009
Market Trends & Insights Vertical Industries Report, which
presents a comprehensive look at outsourcing activity in 26 key
sectors of the economy. To learn more about the TPI Momentum Market
Trends & Insights Vertical Industries Report and view a
summary, visit
http://www.tpi.net/pdf/resources/TPI-Momentum-Market-Trends-Insights-1Q09-Vert
icals-Summary.pdf. This comprehensive global report combines
proprietary market data with commentary from TPI's expert advisors
and is designed to help service providers and market watchers
identify the latest critical market trends and opportunities.
Filling more than 250 pages, including more than 1,500 charts and
graphs, it identifies the vertical markets that are increasing
spending on outsourcing, the types of services that are in demand
and the events that will influence future buying behavior. "With
our global footprint and 360-degree view of the outsourcing
industry, TPI is offering objective and concise intelligence that
isn't available anywhere else," said Melany Williams, Partner and
Managing Director, TPI Momentum. "This Report will help all
participants in the sourcing industry to uncover pockets of
opportunity and align business development efforts with real-world
market demand. If you're trying to decide where to focus your sales
resources, you need this Report." The sectors covered in the Report
correspond to the widely used Forbes(R) categories, making it easy
for service providers and market watchers to match the data with
existing segmentation efforts. For each vertical, the Report
documents information on 20 different IT outsourcing (ITO) and
business process outsourcing (BPO) functions and provides analysis
gleaned from the TPI experience of providing expert advisory
services in more than 3,000 transactions. Within and across these
segments, it shows how client buying patterns have shifted over
time, by region, scope and service provider. Among the findings: --
Of the 26 industries studied, nine are identified as being strong
verticals for prospecting activities. Among these, the Media
industry has recently seen strong adoption of outsourcing among
mid-market companies as well as increasing spending levels among
companies with active ITO / BPO contracts. This recent increase in
outsourcing activity is likely to continue as Media companies face
significant market pressure and seek opportunities for short-term
cost savings. -- In terms of the number of companies represented,
the Aerospace & Defense sector is the smallest of the 26
industries classified by Forbes(R), yet it remains a strong market
for outsourcing. In fact, 68 percent of the companies within this
space have an active outsourcing contract with a total contract
value (TCV) of $25 million or more -- the highest percentage of all
verticals studied. Outsourcing activity is likely to be affected in
the coming months due to a variety of changes in the sector
including acquisition reform, an expected labor shortage and
forecasted 2010 U.S. government budget cuts. -- TPI has observed
that the larger companies in the Consumer Durables space tend to be
experienced outsourcers. Because these companies have been hit
particularly hard by the reduction in consumer spending, they are
likely to seek outsourcing opportunities in areas they have not
strongly considered in the past. When making outsourcing decisions,
TPI has observed that Consumer Durables companies are increasingly
focused on the long-term financial viability of the service
providers considered, adding another layer of complexity to the
selling process. The Report leverages TPI Momentum Pervasiveness
Research, a new research program which aggregates nearly 20 years
worth of data and trends for sourcing engagements involving the
Forbes(R) Global 2000 companies. The result is a powerful tool for
analyzing at the most granular level possible current and
historical outsourcing penetration rates, spending patterns and
market shares. In addition, TPI Momentum members who subscribe to
the TPI Momentum Contract KnowledgeBase can search the database to
confirm which sourcing related contracts greater than $25 million
in total contract value are set to expire between now and 2011.
"TPI Momentum research provides the most comprehensive view of the
outsourcing industry available in the marketplace today," Williams
said. "We believe it is another great example of the unique and
differentiated information that only TPI provides." 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, TPI's 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, Market Communications, TPI, +1-480-235-7018, ; Rhena
Wallace, Cohn & Wolfe for TPI, +1-212-537-8014, Web Site:
http://www.tpi.net/
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