10 Mar
2016
Recruitment process outsourcing (RPO) refers to a segment of business process outsourcing (BPO) industry wherein the entire or partial recruitment tasks of an organization is transferred to a third-party vendor. The RPO services offered by the vendors primarily include candidate screening, offer execution, job posting and other important activities in the recruitment process.
12 Apr
2018
The third-party services industry is growing rapidly with organizations recognizing the perks of outsourcing set of activities which are not part of their core business. Legal process outsourcing (LPO) is a practice wherein a company, organization or law firm procures legal services from an external service provider. LPO involves outsourcing numerous legal services such as bookkeeping & billing, contract management, general litigation support services, legal researches and legal transcription among others legal services.
06 Jun
2018
Extremely competitive environment and downsizing trend have forced organizations to think about management of work to gain competitive advantage over other players. Third-party services industry is growing rapidly with organizations recognizing the perks of outsourcing set of activities which are not part of their core business. Network outsourcing is a service wherein organization procures network management and maintenance from an external service provider.
26 Jul
2018
The global bike-sharing services market expected to expand at a CAGR of 12.5% during the forecast period from 2018 to 2026. Bike-sharing services have gained remarkable popularity and acceptance among people over the last two years. Factors such as global warming, traffic congestion, and high cost associated with everyday shuttles has encouraged urban crowd to opt for bike-sharing services for their daily commute.
08 Aug
2022
The market for global HR outsourcing is anticipated to grow significantly over the next several years, at a CAGR of 4.70 percent. As a result, the market for HR outsourcing worldwide was estimated to be worth USD 32.1 billion in 2021 and is anticipated to grow to USD 42.2 billion by 2028.
18 Sep
2019
Globally, the medical recruitment market is expected to grow with a CAGR of 4.5% during the forecast period from 2019 to 2027. The increasing shortage of the healthcare professionals across the healthcare industry is augmenting the demand for the medical recruitment services. The growing demand for the healthcare services across the globe due to increasing prevalence of the chronic diseases is giving rise to the requirement of the healthcare professionals.
20 Sep
2019
Globally, the electrical testing services market is expected to grow with a CAGR of 7.3% during the forecast period from 2019 to 2027, and is expected to reach a market value of around US$ 7.65 Bn in 2027. Electrical testing services are an electrical assessment, which includes inspection, systematic scrutiny, and diagnosis of important heavy-duty electrical devices. These services are an essential process for checking the systems functioning, performance and working longevity.
15 Nov
2019
The procurement outsourcing services market worldwide is expected to grow with a CAGR of 15% during the forecast period from 2019 to 2027. Procurement outsourcing services refers to a process in which a company appoints an external service provider to manage the primary and secondary or other transactions of the company. Therefore, it helps the company to reduce its operational costs, increase savings and thereby improve business. The growth of procurement outsourcing services market is driven by the demand for the same in manufacturing, BFSI, retail, healthcare, IT & telecom and various other segments.
