ATLANTA, July 17, 2014 /PRNewswire/ --Randstad Sourceright, a global talent leader, today announced that it has been recognized in a new market report from Everest Group, "Managed Service Provider (MSP) - Service Provider Profile Compendium 2014," for the strength and scope of its global MSP capabilities. The report provides an overview of the current MSP market and identifies the providers leading the way in effectively delivering the MSP model to employers around the world.
Demand for MSP solutions continues to grow due to a number of factors, from traditional drivers like cost reduction, greater spend visibility and compliance management, to new drivers focused around talent. As the MSP market continues to change, Everest Group's report evaluates providers on their market success and delivery capability in terms of scale, scope, technology capability and delivery footprint. It also includes the Everest Group PEAK Matrix', which categorizes MSP service providers into Leaders, Major Contenders and Emerging Players.
Randstad Sourceright was positioned in the Leader category, which represents top quartile performance across market success and capability for MSP delivery. The company received high evaluations across most criteria: market success, scale, scope and delivery footprint. In particular, Randstad Sourceright was noted as having one of the largest MSP programs with a formidable presence in Europe and strong global presence overall. The report also noted the company's strong RPO capabilities, which well-positions Randstad Sourceright to further champion the blended workforce model.
"Through its strong MSP capabilities and global footprint, Randstad Sourceright continues to gain significant market share in the growing MSP landscape, designating itself as a Leader in the MSP service provider landscape," said Rajesh Ranjan, vice president and leader of Everest Group's Business Process Outsourcing research program. "The company's large managed spend, expertise across job families, technology partnerships and presence spanning all geographies are some of the factors setting it apart."
"Randstad Sourceright is committed to facilitating greater MSP adoption around the globe and helping more companies implement innovative talent strategies that give them the flexibility and scalability to address changing market conditions and business demands," said Teresa Creech, president, Managed Services Provider (MSP) and Payroll and Independent Contractor Solutions (PICS) for Randstad Sourceright. "We are pleased to be recognized by Everest Group as a Leader in the MSP landscape for the value of our services and global reach of our capabilities, and for providing a growing number of companies with the tools to create an effective blended workforce program."
For additional details on Randstad Sourceright MSP Solutions, please visit: http://www.randstadsourceright.com/solutions/msp/.
About Randstad Sourceright
Randstad Sourceright is a global talent leader, providing solutions and expertise that help companies position for growth, execute on strategy, and improve business agility. Our experience encompasses all facets of talent, including traditional employees and the contingent, free agent workforce. Key offerings include Blended Workforce Solutions, Recruitment Process Outsourcing (RPO), Managed Services Provider (MSP) programs, and Payroll and Independent Contractor Services (PICS). As an operating company of Randstad, a $22.0 billion global provider of HR services, Randstad Sourceright delivers the resources and deep capability companies need to optimize their talent strategy for business growth and transformation. We are consistently recognized for service excellence and innovation by industry organizations such as Everest Group, HRO Today Magazine, Bersin by Deloitte, and Staffing Industry Analysts. To learn more, visit www.randstadsourceright.com.
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SOURCE Randstad US
