Randstad Sourceright Named a Leader
Randstad Sourceright, a global talent leader, today announced that the company has been recognised as a Leader in the Everest Group’s Managed Service Provider (MSP) – Service Provider Landscape with PEAK Matrix&trade Assessment 2013. The report analyses the global MSP market, focusing on service provider market position, changing market dynamics, emerging service provider trends, delivery capabilities and key MSP service differentiators.
Overall, Randstad Sourceright was classified as a Leader in the MSP PEAK Matrix and was recognised for top performance in the pillars of delivery footprint, scope, scale and market success of its global MSP solutions. In addition, Randstad Sourceright was identified as one of only a few truly global providers and was noted for representing nearly 30 percent of regional multi-country deals and 20 percent of all global deals.
As new and traditional drivers, such as cost reduction, greater spend visibility and growing compliance concerns continue to lead more organisations to adopt MSP solutions, the report highlights that managed spend in the market has grown by 13-16 percent in 2012, reaching $60-65 billion. As the MSP market continues to expand, the research highlights key areas of differentiation and specialisation of 15 MSP providers. The delivery capabilities of each provider were assessed on four pillars of strength to produce fact-based, actionable and insightful research for the industry.
“Despite an increasingly competitive MSP vendor landscape, Randstad Sourceright has maintained its leadership position, achieving significant year-over-year growth and expanding its global delivery capabilities,” said Rajesh Ranjan, vice president and leader of Everest Group's Business Process Outsourcing research programme. “As the MSP space continues to evolve, Randstad Sourceright has shown its ability to keep up with global market demand for MSP solutions and maintain a competitive edge."
“In today’s modern world, a flexible labour model is fundamental to deliver on an organisations business goals. More companies are turning to MSP programmes to provide the innovative solutions to ensure that they are engaging the right skills and at the right time,” commented Seb O’Connell, UK managing director, Randstad Sourceright, “As an MSP market leader recognised by the Everest Group PEAK Matrix report, Randstad Sourceright is committed to working with organisations to help them meet their business objectives.”