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Accenture takes top honors in analyst group’s assessment for second consecutive year.
Accenture has been strongly positioned as the Leader in Everest Group’s Procurement Outsourcing (PO) Landscape and Performance | Experience | Ability | Knowledge (PEAK) Matrix assessment. The report examines the global PO service provider landscape and its impact on the market. Focusing on service providers' position and growth in the PO market, the report also examines changing market dynamics and emerging service provider trends. Additionally, the analysis assesses service provider delivery capabilities.
In this PEAK Matrix™ assessment, Accenture is named a Leader and "Star Performer," a title that Everest Group awards to providers that demonstrate higher year-over-year growth as well as year-over-year enhancements to their delivery capabilities.
In its PEAK Matrix™ assessment, Everest Group assessed the overall PO capability of service providers by evaluating them along six dimensions—market success, scale, scope, technology, delivery footprint and buyer satisfaction.
According to Everest Group, the "leaders outperformed other players across nearly all the metrics assessed, and are further consolidating their position in the PO space."
According to Everest Group, the PO service provider landscape is evolving as players continually enhance their capabilities to grab new opportunities. Providers are focusing on various innovative strategies to create differentiation in an increasingly competitive market. Numerous themes have emerged against this backdrop, such as focus on mergers and acquisitions to gain competitive edge, pursuit of opportunities in human resources outsourcing and PO overlap, and technological advancements in cloud and mobility.
In comparison to Everest Group’s previous PO PEAK Matrix™ assessment, published in 2013, Accenture remains a Leader and Star Performer.
Everest Group said, among other things, "Accenture is one of the few players with an integrated go-to-market solution" with particular strengths in several key markets, including financial services, energy and utilities.
October 31, 2014
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