“The global multi-process Procurement Outsourcing (PO) market registered 12% growth in 2013, according to research firm Everest Group. The PO market has tripled in share in the last three years, widening its footprint significantly in the emerging markets of Asia Pacific and Latin America.” Read more.
“Everest Group describes analytics as the discipline of gaining meaningful insights, through interpretation of data, leading to better decision-making. Everest Group puts analytics into four major groups, based on the level of solution maturity, sophistication and business impact.” Read More.
“2013 was a good year for end-to-end procurement process outsourcing, according to Everest Group, which has recorded notable growth of 12 per cent for the year. The Procurement Outsourcing Annual Report 2014: Expanding New Horizons paper has predicted 10-12 per cent growth for 2014 as well as a general increase in average contract size.” Read More.