Category: Uncategorized

Do Your Cloud Apps Need a CNAPP?

Cybersecurity is already infamous for its obsession with acronyms. One list compiled by DoD Cyber Exchange counts 309 different security-related acronyms. Another list published by the National Institute of Standards and Technology (NIST) counts — well, I lost count, because it’s more than 25 pages long.

“The key benefit of CNAPP is bringing a holistic, integrated and seamless view across the elements that influence the security of an application,” said Yugal Joshi, analyst at the tech research firm Everest Group. “This allows an enterprise to continue their cloud adoption journey by building native workloads and not getting bogged down by security implications.”

Read more in The Newstack

Analyst Relations Newsletter Q3 2022: Key Highlights from Custom Research

Case #1: How Everest Group advised a leading engineering services provider on growth strategy in the embedded engineering market 

  • This client is a leader in the engineering services market with a strong presence across all key industry verticals. As part of its strategic planning for growth, it identified embedded engineering as a key area of focus and capability building
  • The company sought support from Everest Group to gather deep insights on the market segments, use cases, and any associated opportunities across verticals that can help drive future growth
  • To support the customer, Everest Group implemented the 3C framework to develop: a rich understanding of the Customer’s engineering imperatives, a profiling of the Competitor landscape and visible whitespaces, and the client’s Context around existing capabilities, investments, and market presence
  • Everest Group’s guidance enhanced the client’s strategic roadmap by:
    • Incorporating key industry sub-segments and priority use cases to target areas with high spending propensity and growth outlook
    • Providing a target delivery footprint to align with outsourcing priorities of customers
    • Delivering recommendations on which partner ecosystem to tap into
    • Offering direction on technology investments

Case #2: Everest Group supports a leading global engineering services provider in accelerating growth within key accounts

  • The client, one of the top 10 global engineering services providers, was looking to consolidate its standing within its key accounts. It wanted to gather deeper insights into outsourcing themes, investment priorities, and its competitive positioning within named accounts to deliver a sole-sourced pitch to win business against identified opportunities
  • After being engaged by the client’s Global Head of the ER&D Services business, Everest Group delivered separate reports covering account intelligence and opportunity profile. The reports were delivered in sessions to the client’s global engineering leadership and separately to relevant sales leadership
  • Everest Group helped the client with a two-phased engagement, by:
    • Account intelligence: providing deep account intelligence for identified priority accounts, covering the company overview, org charts, focus areas by BU, investment priorities, strategic and technology priorities, and the sourcing landscape and competitive relationships
    • Opportunity identification: highlighting over 20 opportunities across the accounts which were aligned to the agreed capability themes. The opportunity profiles included details on the nature of work, drivers of outsourcing, incumbents, key leaders, indicators of deal size and timelines
    • Pitch deck support: supporting the client in developing impactful pitch decks against the highlighted opportunities
  • Over the subsequent two quarters, the client utilized the intelligence, opportunity profiles, and pitch decks to create engagement with key leaders and achieve commercial success

Product Story of Indian IT Firms Remains a Mixed Bag | In the News

Indian IT services companies’ bet on products and platforms (P&P) remains a mixed bag so far. While some companies are dealing with the seasonality of the P&P business, others are focused on providing productized service offerings to clients for bagging large deals. And competition remains intense from pure play SaaS (software-as-a-service) firms.

“There is no doubt that software and platforms present a large and attractive market. However, they require a different operating model, funding mind set and governance model than professional services. Hence most of the services companies’ ventures into this market have proven disappointing,” Peter Bendor-Samuel, CEO of Everest Group, told DH in an email reply.

Read more in Deccan Herald

Seasonal Impact: Indian IT to Post 2-4% Sequential Revenue Growth in Jan-March | In the News

Despite robust demand for technology transformation across sectors, Tier 1 Indian IT players are likely to post moderate sequential growth for the January-March 2022 quarter, owing to seasonality and inflationary pressures in the US and Europe.

Talent constraints will continue to impact Indian service providers with some stability in attrition rates. However, the exposure to Russia-Ukraine impacted delivery geographies will have an impact on forward-looking point of views on delivery,” Prashant Shukla, Vice President at Everest Group, said.

Analyst Relations Newsletter Q1 2022: Key Highlights from Custom Research

Client Success Story #1: Top 10 service provider effectively targets and engages Global Business Services acquisition prospects armed with research insights and account intelligence

  • A leading global IT/BPO service provider engaged Everest Group to assess the Global Business Service (GBS) market in offshore and nearshore locations (APAC, Central and Eastern Europe) and identify opportunities for business growth through GBS carve-outs, acquisitions, and high value engagements such as digital transformation
  • Everest Group took a structured approach to support the client over a six-month period through various types of support:
    • Stakeholder education workshops for client teams to provide insights and trends specific to GBS industry and help understand broad areas of interest
    • Identify top-10 high-potential GBS targets through a multi-stage filtration and shortlisting assessment process. This entailed prioritization based on dimensions such as challenges related to GBS growth, health and performance, and pressures on the enterprise that may lead to a potential decision to divest / carve-out
    • Create detailed account intelligence for target GBS with details of scope of work delivered, evolution, sourcing strategy, footprint, key personnel, challenges, priority areas, vendor relationships, future priorities etc. This information was used to create customized pitch for the client
  • The client was successful in initiating multiple conversations with target accounts based on the insights provided through the study. So far, the client has been able to win large deals with two of the identified GBS targets, in the form of carve-out along with add-on scope e.g., assisting enterprise with cloud and automation initiatives. Everest Group’s research armed the client’s sales team with detailed fact packs and right conversation tracks by identifying the exact nature of opportunity and framing customized pitch

Client Success Story #2: Global IT-BPO service provider confidently creates a robust European service delivery locations strategy as a result of workshops and deep-dive assessments, and research-informed recommendations

  • Everest Group advised a leading IT-BPO service provider on its European location strategy revamp. The focus service delivery groups were digital (software engineering, analytics etc.) and operations (European language requirements). The client already has 10+ centers in nearshore Europe and was facing challenges related to increasing costs and difficulty in hiring rapidly. The objective of the engagement was to identify 2-3 new delivery locations which can provide access to high-quality talent at advantageous costs.
  • The engagement was executed over a period of three months and included the following key steps:
    • Demand mapping workshops with the client to understand the demand profile across the functions/technologies and key European languages
    • Accelerated filtering of 40+ locations in Europe to arrive at a prioritized list of 10 locations for a detailed deep-dive assessment based on client requirements such as availability of skills, scalability potential, cost profile, and synergies with their existing delivery portfolio
    • Detailed deep-dive assessment for the prioritized 10 locations to understand the supply side dynamics and a demand-supply mapping exercise to develop multiple demand-supply mapping scenarios including business case estimates. This included understanding the number of new sites, roles of sites in the portfolio, target ramp-up requirements for the next 3-year period, etc.
    • Recommendations on best-fit locations and desired role for new locations
  • The engagement helped the client create a robust service delivery location strategy for its European digital and operations support teams. The client is in process to set-up two new centers in locations identified by Everest Group.

Confidential Computing: The Cutting-edge of Cyber Security Is a Prime Long-value Play | In the News

According to analysis by Everest Group for the CCC, “The Total Addressable Market (TAM) for confidential computing in 2021 is US$ 1.9–2.0 billion. The CC market is expected to grow at a CAGR of 90–95% in the best-case scenario and 40–45% in the worst-case scenario through 2026.” Put differently, even in a worst-case scenario the field is forecasted to grow at an astounding CAGR of >40%, with growth expectations more or less ensured through 2026 and beyond. Bottom line: there is immense unrealized potential in this field that will be witnessing exponential growth through mid-decade.

Read more in David Keller’s blog

Surprising Truths about the Great Resignation and Retaining Talent | Blog

Many articles now plaster the business media with news about the Great Resignation where employees see a hot labor market today and decide to go after a better situation for themselves. At Everest Group, we gathered empirical evidence from employees in many companies and compared that data with our findings from discussions with C-suite executives in leading organizations. Our study yielded both surprising and unsurprising findings. The biggest surprise is the significant gap between the reasons why employees move to other companies and what employers now do to try to retain them.

Read more in my blog on Forbes

Analyst Relations Newsletter Q4 2021: Key Highlights from Custom Research

Custom Engagement 1: Trust and Safety (T&S) market assessment – focus on the gaming industry for leading IT/BPO player

Our client, a well-known IT/BPO service provider with significant presence in the trust and safety services space, engaged us to study the T&S services market for the gaming industry. The assignment involved in-depth account and competitive intelligence research and the development of a view of the T&S pricing landscape and pricing intelligence and benchmarking.

We took the following approach to the project:

  • We completed a comprehensive market study and determined the T&S BPS gaming market size, its growth drivers, and vendor landscape
  • We conducted an in-depth study of the different content types and created a picture of the technology landscape in the T&S gaming space, helping the client make crucial talent and technological offering decisions
  • In the next phase, we helped the client to segment gaming enterprise customers and conducted an extensive study of the buyer adoption trends, after which we mapped out of the T&S gaming BPS service provider landscape and developed a view on talent strategy in the space
  • We also provided crucial account and competitive intelligence insights

The client is using the analysis to develop its strategy to enter the T&S gaming space, and it has leveraged our analysis to increase the probability of pitch success.

Custom Engagement 2: Content moderation market overview and key competitor analysis for leading IT/BPO player

Our client, a leading IT/BPO provider with well-established T&S BPO offerings, engaged us to assess the T&S BPO market and provide competitive intelligence on two leading T&S service providers.

We took a structured approach to deliver deep insights and analysis:

  • Conducted extensive client requirement analysis and jointly determined the competitors the client should be tracking
  • Evaluated the T&S market and estimated the growth and growth drivers for the coming years
  • Segmented the service providers in the T&S space and determined characteristics of each segment
  • Determined the key areas of investments for the T&S service providers
  • Conducting in-depth competitive study of the two selected providers, including the competitors’ overall T&S strategies, capabilities, and relative advantages/disadvantages versus our client

Given our deep understanding of the T&S market and its players, we successfully provided high-value insights to the client, which became core to its T&S services strategy.

Human Resources Associate | Current Openings

About Everest Group

Everest Group is a research firm focused exclusively on IT, business process, and engineering services – this specialization results in a depth of expertise that our clients find invaluable when making critical, strategic decisions related to their use and delivery of sourcing services. The Global 1000 – the largest and most complex companies of the world – use our services to guide their journeys to achieve heightened operational and financial performance, accelerated value delivery, and high-impact business outcomes. Founded in 1991, we serve clients around the world.

With you on the journey

Everest Group is with you on the journey. We are committed to empowering team members to develop their potential, share their authentic selves, and inclusively engage. This means we continually celebrate the diverse journeys different individuals cultivate. We hire great people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger. If you share our values and enthusiasm for solving challenges, you will find a home at Everest Group.

Job Overview

Everest Group is looking for an HR professional to be a key member of the team, administering a variety of HR programs, promoting HR activities, and implementing people strategies to support company growth and positively impact business goals. Reporting to the Director of HR, this position requires a professional with a can-do attitude, who pays meticulous attention to detail and is comfortable working independently. The ideal candidate must be organized, responsible, and adaptable. The individual should have a high level of maturity to handle sensitive personal information, while communicating the appropriate level of detail with the appropriate stakeholders. Please note, this position has the option to work remotely.

Key Responsibilities

Perform HR administration and operations activities supporting programs, projects and employees in the United States and the United Kingdom.

Specific responsibilities include:

  • Conduct onboarding/offboarding activities for new hires and separations, including initiating pre-screening checks with outside vendors
  • Assist with compensation and benefits administration
  • Assist with monthly payroll for HR related items
  • Reconcile monthly benefit invoices
  • Act as HR help desk to assist employees with HR-related issues and requests
  • Pull employee data and various reports from HR systems and external websites for analysis and inclusion in presentations to operations and executive leadership
  • Update key HR metrics for HR dashboards and scorecards
  • Act in HR administrator role on various HR systems such as HRIS and benefits systems for enrollments and updates to employee records
  • Set up and maintain electronic employee records in ADP document cloud
  • Assist with updates to employee handbooks
  • Maintain HR pages of company intranet on performance management, benefits and internal job postings
  • Fulfill employment verifications upon third-party requests
  • Work with HR Director on special projects

Skills and Abilities

  • Strong organizational skills while multi-tasking
  • Pays close attention to detail
  • Self-audits work to ensure a high level of quality and compliance
  • Strong communicator of oral and written work
  • Ability to use discretion and maintain confidentiality of employee information
  • Ability to manage time effectively, meet deadlines and be consistently responsive to colleagues, clients and external parties
  • Excellent customer service skills
  • Technically proficient in working with an HRIS system (ADP a plus) as well as Microsoft Office
  • Suite applications including Word, Excel, PowerPoint, Outlook and Teams
  • Demonstrates a positive and professional attitude

Experience and Education Requirements 

  • Bachelors degree or equivalent combination of education and experience
  • 4+ years of experience working in Human Resources preferred
  • Analytical experience in an area of Accounting, Finance or IT would be a plus

Everest Group is committed to creating a diverse environment and is proud to be an equal opportunity employer. We have a culture of inclusion, and we provide equal opportunities for all applicants and employees. We are committed to providing an environment that is free of discrimination and harassment and to treating everyone with respect.

Request a briefing with our experts to discuss the 2022 key issues presented in our 12 days of insights.

Request a briefing with our experts to discuss our 2022 key issues

How can we engage?

Please let us know how we can help you on your journey.

Contact Us

  • Please review our Privacy Notice and check the box below to consent to the use of Personal Data that you provide.