PwC ranks No.1 among "Global Best Advisors" by International Association
of Outsourcing Professionals
TORONTO, May 6 /CNW/ - The International Association of Outsourcing
Professionals (IAOP), the global standard setting organization and advocate
for the outsourcing profession, has ranked PricewaterhouseCoopers (PwC) first
on its list of the "World's Best Outsourcing Advisors".
The IAOP ranking confirms PwC's strong market position as a leading
provider of Business Advisory and Business Consulting Services. With over
27,000 Advisory professionals around the world, PwC works collaboratively with
over 80% of the world's Fortune 500 companies.
"At PwC, we're working with our clients to help them safely navigate
through a very difficult economic climate," said Juan Pujadas, Global and US
leader of PwC's Advisory business. "We're providing practical, cost effective
and strategic solutions to help organizations find opportunities amidst
uncertainty, and to implement sustainable changes that can transform and
improve their business today -- and for the long term."
"We are seeing a lot of clients re-evaluating the business cases for
outsourcing," said John Y. Chang, national leader of Global Sourcing Advisory
services for PwC in Canada. "More are demanding flexibility, savings and
innovation from their providers."
He added that outsourcing is an effective tool for companies as they seek
to manage through the downtown. "Companies can use outsourcing as a means of
reducing operating costs, accessing sources of R&D, and tapping into the
global talent pool," he said.
The overall IAOP results show the continued strength of the outsourcing
industry. Provider revenues grew 13% in 2008, down just slightly from 14% the
prior year, while employment increased 18% on average. Average revenue for the
companies considered by IAOP was more than $1 billion.
"Once again, this year's outsourcing companies showed impressive growth,
particularly considering the economy," said Jagdish Dalal, Certified
Outsourcing Professional(TM) (COP), IAOP's managing director thought
leadership, who led the judges' panel. "The results show that the outsourcing
industry is robust and growing."
IAOP established its rankings as resources to help companies compare
providers and advisors using an objective methodology. Companies were judged
by an eight-person independent panel based on size and growth, customer
references, organizational competencies and management capabilities.
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About the IAOP
The International Association of Outsourcing Professionals (IAOP) is the
global, standard-setting organization and advocate for the outsourcing
profession. With 40,000 customer, advisor and provider members worldwide, IAOP
helps companies increase their outsourcing success rate, improve their
outsourcing ROI, and expand the opportunities for outsourcing across their
businesses. To learn, more visit www.outsourcingprofessional.org.
About PricewaterhouseCoopers' Advisory Practice
PricewaterhouseCoopers' business advisory professionals provide clients
with the confidence to succeed by helping them anticipate, create and manage
change. Whether clients are proactively implementing change or reacting to an
unplanned event, we leverage our Firm's resources, deep industry experience,
and functional acumen across the areas of operations, finance, organizational
strategy and structure, process improvement, human resources effectiveness,
technology integration and implementation, risk mitigation and crisis
management to help organizations effect sustainable change. To find out more,
PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance,
tax and advisory services to build public trust and enhance value for its
clients and their stakeholders. More than 155,000 people in 153 countries
across our network share their thinking, experience and solutions to develop
fresh perspectives and practical advice. In Canada, PricewaterhouseCoopers LLP
(www.pwc.com/ca) and its related entities have more than 5,200 partners and
staff in offices across the country.
"PricewaterhouseCoopers" refers to PricewaterhouseCoopers LLP, an Ontario
limited liability partnership, or, as the context requires, the
PricewaterhouseCoopers global network or other member firms of the network,
each of which is a separate and independent legal entity.
For further information:
For further information: Carolyn Forest, PricewaterhouseCoopers LLP,
(416) 814-5730, firstname.lastname@example.org; Kiran Chauhan,
PricewaterhouseCoopers LLP, (416) 947-8983, email@example.com