Press release
Cloud BPO Market- Accelerating Business Change With Cloud BPOs
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One of the major reasons for high adoption of Cloud BPO is the reduction in the operational cost & agility offered by Cloud BPO. Cost advantage offered by Cloud BPO services is one of the main reasons that impacts the choice of the organizations with respect to traditional BPO services. It reduces the IT cost of the organizations by providing support and maintenance of the software and hardware. Also, a BPO itself is highly benefitted by the integration of cloud computing. The BPO service providers are capable of leveraging the benefits of cloud computing by dropping down the processing time for data-intensive business processes of the organizations, and offering data processing workflow at a compact turnaround time. The Cloud BPOs are also highly benefitted in terms of flexibility of conveniently adding novel functions and features to their systems and effectively attain the transforming client demands.
The global Cloud BPO market has been segmented on the basis of services into Human Resource, E-Commerce, Finance and Accounting, Customer Care, Sales & Marketing and Others. On the basis of vertical, the Cloud BPO market is categorized into BFSI, Telecom & IT, Healthcare, Automotive, Manufacturing, Food and Beverage, Power & Energy, Consumer Electronics, and others. Geographically, the global Cloud BPO market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and South America (SAM).
The BFSI sector is expected to witness a rapid growth and drive the growth of Cloud BPO market. The key players profiled in the report are Firstsource Solutions Ltd., WNS (Holdings) Ltd., Infosys Ltd., HCL Technologies Ltd., Genpact Ltd., Capgemini SE, CA Inc., Atos SE, Tata Consultancy Services Ltd., DXC Technology Company, Sungard, Accenture PLC, ADP LLC, IBM Corporation, Oracle Corporation, SAP SE, Xerox Corp., and HPE.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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