Category: Talent

Talent Readiness for Next-generation IT Services PEAK Matrix® Assessment 2023

Talent Readiness for Next-generation IT Services

Amid the rapidly evolving technology landscape, enterprises face a primary challenge: the shortage of talent equipped with next-generation skills as they advance in their digital transformation endeavors. This challenge is further exacerbated by the shortening half-lives of skills and higher attrition rate in emerging skills within organizations. To address this challenge, enterprises are seeking IT service providers that have implemented robust talent development and management strategies. These strategies strive to acquire, nurture, and sustain a high-quality, productive, multi-skilled, and diverse workforce to meet evolving talent needs.

IT service providers are responding by investing in in-house talent development to gain a competitive edge and enhance their talent value proposition. Beyond traditional methods, they are exploring multiple innovative methods and incorporating themes related to the future of work in their talent development and management strategies. The goal is to develop and sustain a comprehensive portfolio of diverse resources equipped with next-generation skills.

Next-generation IT Services

What is in this PEAK Matrix® Report

In this report, we assess 26 IT service providers featured on the Talent Readiness for Next-Generation IT Services PEAK Matrix®. The research will help buyers select the right-fit provider for their needs, while providers will be able to benchmark themselves against each other.
 

In this report, we:

  • Evaluate 26 IT service providers featured on Everest Group’s Talent Readiness for Next-generation IT Services PEAK Matrix®
  • Present the characteristics of Leaders, Major Contenders, and Aspirants from a talent readiness perspective
  • Analyze providers’ key strengths and limitationsr 

Scope

  • All industries and geographies
  • The assessment is based on Everest Group’s annual RFI process for the calendar year 2023, interactions with leading IT service providers, client reference checks, and an ongoing analysis of the IT services market

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

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UK Contingent Talent and Strategic Solutions PEAK Matrix® Assessment 2023

UK Contingent Talent and Strategic Solutions

The UK’s contingent talent and strategic solutions industry underwent a significant transformation in 2021-22. Amidst the challenges of adverse macroeconomic conditions and an impending recession in 2022, enterprises faced a talent shortage due to scarcity of skilled workers and worker attrition. Service providers responded by prioritizing upskilling, bridging the skills gap, and promoting inclusive talent acquisition. Their initiatives included targeted outreach, inclusive job descriptions, unbiased screening, and collaboration with Diversity, Equity, and Inclusion (DEI) organizations. Technology played a pivotal role as digital platforms and tools streamlined operations, improved candidate sourcing, and enhanced workforce management. AI-powered candidate matching and online talent marketplaces gained prominence, providing efficient ways to connect employers with contingent workers.

contingent talent and strategic solutionsUK BP

What is in this PEAK Matrix® Report

This report analyzes the dynamics of the UK contingent talent and strategic solutions provider landscape and its impact on the overall UK contingent talent and strategic solutions market in 2022. It specifically focuses on IT, business and professional staffing, and strategic solutions in the UK. The report provides a comprehensive overview of the market and examines how providers differentiate themselves using the extensive Everest Group PEAK Matrix® as a benchmark for analysis.
 

The report analyzes the performance of various UK contingent talent and strategic solutions providers and examines:

  • The UK contingent talent and strategic solutions provider landscape
  • The UK Contingent Staffing Provider PEAK Matrix® Assessment:
    • Classification of 17 UK IT contingent talent and strategic solutions providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework
    • Classification of 16 UK business and professionals contingent talent and strategic solutions providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework
  • Everest Group’s analysis of the providers:
    • UK contingent talent and strategic solutions providers’ capability assessment on seven dimensions: market adoption, portfolio mix, value delivered, scope of services offered, innovation and investments, delivery footprints, and vision and strategy
    • Remarks on key strengths and limitations of each contingent talent and strategic solutions provider

Scope:

  • Industry: contingent talent and strategic solutions
  • Geography: UK
  • Skills coverage: IT, engineering, business and professionals

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US Contingent Talent and Strategic Solutions PEAK Matrix® Assessment 2023

US Contingent Talent and Strategic Solutions PEAK Matrix® Assessment

After the COVID-19 pandemic, the demand for contingent talent surged, leading to continued growth in the US contingent talent and strategic solutions industry throughout 2022. The scarcity of skilled workers drove this growth, as enterprises faced ongoing challenges in acquiring talent due to both a skills shortage and voluntary employee turnover. Despite concerns about an impending recession, the talent supply and demand imbalance persisted, resulting in a prolonged talent shortage in the US. This situation created an opportunity for providers of contingent talent and strategic solutions to address the talent gap by investing in various areas, including technology-driven solutions, managed services, learning and upskilling programs, and fostering DEI.

US IT Contingent

US Engineering US Business and Professionals US Industrial

What is in this PEAK Matrix® Report

This report analyzes the intricate dynamics of the US contingent talent and strategic solutions provider landscape and its impact on the overall US contingent talent and strategic solutions market in 2022. It specifically focuses on IT staffing, engineering staffing, business and professionals staffing, and industrial staffing. The report provides a comprehensive overview of the market and examines how providers differentiate themselves using the extensive Everest Group PEAK Matrix® as a benchmark for analysis.

The report analyzes the performance of various contingent talent and strategic solutions providers and offers:

  • The US contingent talent and strategic solutions provider landscape
  • The US Contingent Staffing Provider PEAK Matrix® Assessment:
    • Classification of 28 US IT contingent talent and strategic solutions providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework
    • Classification of 22 US engineering contingent talent and strategic solutions providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework
    • Classification of 23 US business and professionals contingent talent and strategic solutions providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework
    • Classification of 21 US industrial contingent talent and strategic solutions providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework
  • Everest Group’s analysis of providers:
    • US contingent talent and strategic solutions providers’ capability assessment on seven dimensions: market adoption, portfolio mix, value delivered, scope of services offered, innovation and investments, delivery footprints, and vision and strategy
    • Remarks on key strengths and limitations of each contingent talent and strategic solutions provider

Scope:

  • Industry: contingent talent and strategic solutions
  • Geography: US
  • Skills coverage: IT, engineering, business and professionals, and industrial

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What is the PEAK Matrix®?

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Outplacement and Career Transition Services PEAK Matrix® Assessment 2023

Top Outplacement and Career Transition Services

The outplacement and career transition services industry is undergoing a fundamental shift after experiencing a turbulent year in 2021. Providers have had to respond quickly and adapt to changing enterprise needs. Those that were able to navigate the market upheaval emerged as forerunners and fortified their positions in the market.

This report examines the market dynamics of the global outplacement and career transitions industry in 2022. It maps 16 providers on Everest Group’s Outplacement and Career Transition Services PEAK Matrix® and categorizes them as Leaders, Major Contenders, and Aspirants based on their offerings and capabilities. The report will assist buyers in choosing the right-fit provider to address their needs, while providers will be able to benchmark themselves against their competitors.

DOWNLOAD THE FULL REPORT Outplacement and Career Transition Services PEAK Matrix® Assessment 2023

What is in this PEAK Matrix® Report:

The report features:

  • An overview of the outplacement and career transition service provider landscape
  • The Outplacement and Career Transition PEAK Matrix® Assessment for 2023
    Based on the YoY movement of providers on the PEAK Matrix®, the 2023 Star Performers
  • Everest Group’s critical analysis of the providers across seven dimensions: market adoption, portfolio mix, value delivered, scope of services offered, innovation & investments, delivery footprint, and vision & strategy

Scope

  • All industries and geographies

LEARN MORE ABOUT Outplacement and Career Transition Services PEAK Matrix® Assessment 2023

 

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What is the PEAK Matrix®?

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UK Contingent Staffing Service Providers PEAK Matrix® Assessment 2023

Top UK Contingent Staffing Service Providers

The UK contingent staffing industry was contracted by the pandemic in 2020, and the use of contingent staffing plummeted throughout the country. As the industry began to recover in 2021, heightened contingent talent demand due to a rapid rise in the talent demand-supply gap, labor pyramid distortion, and the Great Resignation accelerated growth in the second half of the year. Providers tapped into this opportunity and improved their sourcing capabilities to meet enterprises’ increasing demands. In addition, domains such as DE&I, upskilling and reskilling, and managed services gained prominence and became the key differentiating factors among providers.

This report examines the dynamics of the contingent staffing provider landscape in the UK and its impact on the UK contingent staffing market (overall staffing and IT staffing) in 2021. It provides an overview of the market and analyzes the domains in which providers have differentiated themselves. The report also positions 21 contingent staffing providers on Everest Group’s PEAK Matrix® as Leaders, Major Contenders, and Aspirants.

DOWNLOAD THE FULL REPORT UK Contingent Staffing Service Providers PEAK Matrix® Assessment 2023

What is in this PEAK Matrix® Report:

The report analyzes the performance of 21 contingent staffing providers, including:

  • The UK contingent staffing provider landscape

  • UK (Overall) Contingent Staffing Service Providers PEAK Matrix® Assessment: classification of 18 contingent staffing providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework

  • UK IT Contingent Staffing Service Providers PEAK Matrix® Assessment: classification of 15 contingent staffing providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework

  • Everest Group’s analysis of the providers:

    • UK contingent staffing providers’ capabilities assessment on seven dimensions: market adoption, portfolio mix, value delivered, scope of services offered, innovation & investments, delivery footprints, and vision & strategy

    • Remarks on key strengths and limitations of each contingent staffing provider

Scope:

  • Industry: contingent staffing

  • Geography: UK

LEARN MORE ABOUT UK Contingent Staffing Services PEAK Matrix® Assessment 2023

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

LEARN MORE ABOUT Top Service Providers

US Contingent Staffing Services PEAK Matrix® Assessment 2022

Top US Contingent Staffing Services

While the US contingent staffing industry sustained its growth momentum through 2019, the COVID-19 pandemic disrupted the industry in 2020, and the use of contingent staffing plummeted across the country. In 2021, talent demand surged due to a rapid rise in the talent demand-supply gap, labor pyramid distortions, and the Great Resignation. However, providers showed resilience and focused on improvements such as remote service delivery, learning and upskilling, and new technologies.

DOWNLOAD THE FULL REPORT US Contingent Staffing Services PEAK Matrix® Assessment 2022

The report analyzes the performance of 33 contingent staffing providers and examines:

  • The US contingent staffing provider landscape
  • The US IT Contingent Staffing Provider PEAK Matrix®: classification of multiple US IT contingent staffing providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix framework
  • The US Engineering Contingent Staffing Provider PEAK Matrix: classification of multiple US engineering contingent staffing providers into Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix framework
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  • Everest Group’s analysis of service providers:
    • US contingent staffing providers’ capability assessment on seven dimensions: market adoption, portfolio mix, value delivered, scope of services offered, innovation & investments, delivery footprint, and vision & strategy
    • Key strengths and limitations for each contingent staffing provider

What is in this PEAK Matrix® Report:

This report examines the dynamics of the contingent staffing provider landscape in the US and its impact on the US contingent staffing market (IT staffing, engineering staffing, and business & professionals staffing) in 2021. It provides a market overview and analyzes areas in which providers have differentiated themselves. 

LEARN MORE ABOUT Contingent Staffing Services

 

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

LEARN MORE ABOUT Best-in-Class Solutions

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