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The Advent of Global Vertical Centers of Excellence for SSO23 February 2006
Shared Services and Outsourcing (SS0) has awakened the sleeping giant in Asia. In 2004, the global SSO market as a whole was valued at US$647 billion with all eyes on Asia as a choice location for outsourcing and off-shoring.
The past decade has seen dramatic growth in SSO adoption, driven primarily by cost benefits, and business transformation and reengineering activities.
Siew Kam Soon, ICT Practice managing consultant at global growth consulting company Frost & Sullivan, said, "The need to focus on core business activities to remain competitive has been the underlying thrust for the fast maturing SSO operations of these global companies.
"Global Fortune 500 companies are also increasingly emphasizing the need to integrate front, middle and back-end operations virtually and seamlessly," he added.
The Frost & Sullivan analytical spotlight is on three verticals: Financial Services and Banking, Energy, and Logistics. What are the location selection criteria and SSO practices? Which are the SSO vertical hotbeds in Asia? What factors will drive growth, present challenges, and offer opportunities? How will they interact and to what effect? What is the forecast on SSO trends in Asia? All these questions and more will be answered by Siew at an analyst briefing on Friday, February 24, 2006 at 11:00am (GMT +08:00).
Of the countries profiled as the top five SSO hubs in each of these verticals are India, China, the Philippines, Malaysia and Singapore.
Those interested in participating in the web/tele-conference should send an email to Jennifer Duraisingam at jennifer.d@frost.com with the following information: your full name, media/company name, title, telephone number, e- mail address and country. Upon receipt of the above information, the registration, weblink, dial-in number and pass code details for the live briefing will be emailed to you.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com .
CONTACT:
Sarah Lourdes
Corporate Communications - Asia Pacific
P: +603.6204.5878
F: +603.6201.7402
E: sarah.lourdes@frost.com
Jennifer Duraisingam
Corporate Communications - Asia Pacific
P: +603.6204.5869
F: +603.6201.7402
E: jennifer.d@frost.com
Mireya Castilla
Corporate Communications - North America
P: +1.210.247.3830
F: +1.210.348.1003
E: mireya.castilla@frost.com
Sharmin Jassal
Corporate Communications - Australia
P: +61.2.8247.8900
F: +61.2.9252.8066
E: sharmin.jassal@frost.com
Surbhi Dedhia
Corporate Communications - India
P: +91.22.5001.3431
F: +91.22.2832.4713
E: sdedhia@frost.com
Source: prnewswire
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