Procurement Outsourcing (PO) Annual Report – 2016 – Analytics and Beyond

The global multi-process Procurement Outsourcing (PO) market registered a growth of 10% in 2015. Both organic and inorganic factors made near-equal contribution to the overall growth. The market witnessed high termination rates along with robust new deal signings, indicative of service provider switching. In addition to the traditional drivers of cost and spend reduction, there is an increasing focus on strategic value beyond costs. As a result buyers are increasingly asking for robust analytics capabilities and transformative solutions. Service providers are also looking for new ways to meet these evolving business requirements and create differentiation in the market.

In this study, we analyze the global multi-process PO market in 2015. We focus on:

• Market overview and adoption trends
• Value proposition and solution characteristics
• PO service provider landscape, covering service providers’ market share across industry, geography, and buyer size