Everest Group

Everest Group Projects -6% Growth, Loss of Up to Nearly $50B in Potential Revenue for Global IT Infrastructure Services in 2020 Due to COVID-19

Retrieved on: 
Thursday, August 6, 2020

In the pre-COVID-19 world, the IT infrastructure services market was slated to grow at a modest rate of 2-3%; however, the pandemic has led to uncertainties across the globe.

Key Points: 
  • In the pre-COVID-19 world, the IT infrastructure services market was slated to grow at a modest rate of 2-3%; however, the pandemic has led to uncertainties across the globe.
  • Everest Group urges enterprises to identify relevant infrastructure transformation opportunities across workplace, cloud, network and security.
  • "A well-planned transformation will not only rescue enterprises in the short-term, but also revitalize them for future growth," said Ashwin Venkatesan, vice president at Everest Group.
  • Everest Group is a consulting and research firm focused on strategic IT, business services, engineering services, and sourcing.

IAOP Announces Everest Group as Its Research Partner to Serve Sourcing Professionals

Retrieved on: 
Wednesday, August 5, 2020

In partnership, Everest Group and IAOP will collaborate on key research, including the 2021 Key Issues in Global Sourcing study.

Key Points: 
  • In partnership, Everest Group and IAOP will collaborate on key research, including the 2021 Key Issues in Global Sourcing study.
  • Michel Janssen, chief research officer at Everest Group, will serve on the IAOP Strategic Advisory Board .
  • "Everest Group is honored to partner with IAOP, an organization that is committed to provide the resources, tools and networking opportunities that its members need to succeed," said Michel Janssen, chief research officer at Everest Group.
  • "We are thrilled to announce Everest Group as our new Research Partner," said Debi Hamill, CEO of IAOP.

WilsonHCG Only Leader with Star Performer Status in Everest Group’s 2020 PEAK Matrix® for RPO in North America

Retrieved on: 
Wednesday, August 5, 2020

WilsonHCG is the only provider to be named a Leader and Star Performer in Everest Groups 2020 PEAK Matrix for Recruitment Process Outsourcing (RPO) in North America.

Key Points: 
  • WilsonHCG is the only provider to be named a Leader and Star Performer in Everest Groups 2020 PEAK Matrix for Recruitment Process Outsourcing (RPO) in North America.
  • The consistent progression on the PEAK Matrix to the Leaders quadrant is a testament to the effort the WilsonHCG team puts in day in and day out, said John Wilson , CEO at WilsonHCG.
  • In 2019, WilsonHCG experienced strong growth in North America amid fierce competition, notes Arkadev Basak, Vice President, Everest Group.
  • It has successfully maintained its stronghold in North America by serving a diverse set of clients, offering a comprehensive suite of talent solutions, and continuing its investments in technology and analytics, which have helped position it as a Leader and Star Performer on Everest Groups RPO in North America PEAK Matrix Assessment 2020.

Everest Group Positions Infinite as a Major Contender in PEAK Matrix® Assessment for Healthcare Provider Digital Services

Retrieved on: 
Monday, August 3, 2020

Rockville, Maryland, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Infinite Computer Solutions announced today that the company was ranked as a Major Contender in the Healthcare Provider Digital Services category by Everest Group.

Key Points: 
  • Rockville, Maryland, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Infinite Computer Solutions announced today that the company was ranked as a Major Contender in the Healthcare Provider Digital Services category by Everest Group.
  • The consulting and research firm recently published its Healthcare Provider Digital Services PEAK Matrix Assessment 2020, which assesses and maps global IT services providers according to their market impact, vision, and capability in the healthcare value chain.
  • Infinite has won the praise of its highly satisfied customerbase byexcelling in delivering healthcare provider digital services built through their IP-led approach, a notable feat that has established them as a Major Contender on Everest Groups Provider Digital Services PEAK Matrix Assessment 2020.
  • The Everest Group PEAK Matrix assessment provides insights into the adoption of digital technologies across the healthcare provider landscape.

KellyOCG Earns Leader and Major Contender Positions in Everest Group’s 2020 PEAK Matrix Reports for Services Procurement and RPO

Retrieved on: 
Wednesday, July 29, 2020

TROY, Mich., July 29, 2020 (GLOBE NEWSWIRE) -- KellyOCG , the outsourcing and consulting group of Kelly, was named a Leader and Star Performer in Everest Groups Services Procurement PEAK Matrix Assessment 2020 and a Major Contender in the analysts Recruitment Process Outsourcing (RPO) PEAK Matrix Assessment 2020.

Key Points: 
  • TROY, Mich., July 29, 2020 (GLOBE NEWSWIRE) -- KellyOCG , the outsourcing and consulting group of Kelly, was named a Leader and Star Performer in Everest Groups Services Procurement PEAK Matrix Assessment 2020 and a Major Contender in the analysts Recruitment Process Outsourcing (RPO) PEAK Matrix Assessment 2020.
  • KellyOCG was one of only two providers named to the Services Procurement Leader position from the 16 providers evaluated.
  • The PEAK Matrix provides an objective, data-driven assessment of service and technology providers based on overall capability and market impact across different global services markets.
  • We are honored to be recognized by Everest Group for our Services Procurement and RPO solutions.

Genpact Named as a Leader in the Everest Group Banking BPS PEAK Matrix 2020

Retrieved on: 
Wednesday, July 22, 2020

NEW YORK, July 22, 2020 /PRNewswire/ --Everest Group, a leading research and consulting firm, has named Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, a Leader in the Banking BPS PEAK Matrix 2020.

Key Points: 
  • NEW YORK, July 22, 2020 /PRNewswire/ --Everest Group, a leading research and consulting firm, has named Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, a Leader in the Banking BPS PEAK Matrix 2020.
  • "As the banking industry evolves in the wake of technological advances and changing customer expectations, banking executives are grappling with unprecedented change," according to Robin Jain, practice director, Everest Group.
  • The report evaluates 31 banking BPS service providers across areas including vision, capabilities, and market impact.
  • Most recently, Everest Group has listed Genpact inthe top 10of its BPS Top 50 report.

Conduent Healthcare Payer Solutions Recognized as Leader and Star Performer in Everest Group PEAK Matrix Report

Retrieved on: 
Wednesday, July 22, 2020

FLORHAM PARK, N.J., July 22, 2020 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT) has been named a Leader and Star Performer in Business Process Services (BPS) for Healthcare Payer Operations by consulting and research firm, Everest Group .

Key Points: 
  • FLORHAM PARK, N.J., July 22, 2020 (GLOBE NEWSWIRE) -- Conduent Incorporated (Nasdaq: CNDT) has been named a Leader and Star Performer in Business Process Services (BPS) for Healthcare Payer Operations by consulting and research firm, Everest Group .
  • Conduent was one of six service providers to achieve recognition as a Leader and one of only three to earn the distinction of Star Performer.
  • We are proud to be identified as a Leader and Star Performer by Everest Group.
  • Conduents Healthcare Payer Solutions span all touchpoints for insured members, helping them navigate through healthcare choices and connect to care teams through automated business processes.

Both Capital Markets IT Spend and Outsourcing Will Fall in Wake of COVID-19--Everest Group

Retrieved on: 
Tuesday, July 21, 2020

As a result, Everest Group predicts that the spend on IT services in the capital markets industry will decline 2.1% in 2020, with outsourcing spend seeing a dip of -3.7% as firms reallocate resources and cost transformation initiatives are prioritized.

Key Points: 
  • As a result, Everest Group predicts that the spend on IT services in the capital markets industry will decline 2.1% in 2020, with outsourcing spend seeing a dip of -3.7% as firms reallocate resources and cost transformation initiatives are prioritized.
  • Learning from and looking beyond the pandemic, capital market firms are focusing IT spend on resiliency of systems, revitalizing core to drive growth, and undertaking cost control measures.
  • Three examples follow:
    1.Asset management firms are investing in cloud and platforms to keep overall expenses down and make up for lower fees.
  • Everest Group is a consulting and research firm focused on strategic IT, business services, engineering services, and sourcing.

Everest Group Recognizes Whatfix as a Leader in Digital Adoption Platforms PEAK Matrix Report 2020

Retrieved on: 
Tuesday, July 21, 2020

SAN JOSE, Calif., July 21, 2020 /PRNewswire/ --Whatfix announced today that it has been recognized as a Leader by Everest Group, a leading research and consulting firm, in its inaugural Digital Adoption Platform PEAK Matrix Assessment .

Key Points: 
  • SAN JOSE, Calif., July 21, 2020 /PRNewswire/ --Whatfix announced today that it has been recognized as a Leader by Everest Group, a leading research and consulting firm, in its inaugural Digital Adoption Platform PEAK Matrix Assessment .
  • Everest Group evaluated more than 14 providers based on a comprehensive review of each provider's capabilities, vision and market impact.
  • Based on this impartial and complete analysis, Whatfix was recognized as a Leader, placed in the assessment's upper right quadrant.
  • Click here to download an excerpt of the Everest Group PEAK Matrix for Digital Adoption Platforms 2020 report along with Whatfix capabilities.

Everest Group Reports Demand for IVA Technology Grew 42% in 2019, Projects 70% Growth Through 2022 After Momentary Dip Due to COVID-19 Pandemic

Retrieved on: 
Monday, July 20, 2020

The firm projects a dip in demand in 2020 due to the COVID-19 pandemic but expects the IVA market to post strong growth going forward, achieving as much as a 70% compound annual growth rate (CAGR) through 2022.

Key Points: 
  • The firm projects a dip in demand in 2020 due to the COVID-19 pandemic but expects the IVA market to post strong growth going forward, achieving as much as a 70% compound annual growth rate (CAGR) through 2022.
  • These functions account for more than 80% of the IVA market today.
  • Increasing sophistication and collaboration with complimentary artificial intelligence (AI) based technologies are driving IVA popularity in the market.
  • Everest Group is a consulting and research firm focused on strategic IT, business services, engineering services, and sourcing.