The role of Managed Services providers has changed from being a mere vehicle of transactional execution to that of value driven strategic partner. As per a study conducted by HFS and KPMG Managed Services team in the US in October 2021 on 800 executives in a various sectors, including government, financial services, life sciences, retail, travel, and healthcare, the adoption of Managed Services has accelerated as firms seek more than just cost reduction and increased efficiency. 97% of the executives believe that using Managed Services at scale has brought about significant strategic, operational and financial benefits to their firm.
Evolving role of Managed Services
Source : HFS and KPMG Managed Services team in US Outlook
Beyond Cost Savings
Most businesses are operating under immense market pressure. While traditional outsourcing can reduce costs and produce leaner operations, Managed Services takes a more holistic approach evolving into true partnership by offering a whole spectrum of services in one or more domain as opposed to providing just a service. As per the study by HFS and KPMG Managed Services team in the US, nine out of ten organization said that their top criteria for selecting Managed Service goes beyond just cost saving and includes driving innovation improving stakeholders’ experience and supporting digital transformation.
86%
Cost savings
81%
Drive Innovation
81%
Improve stakeholder experience
83%
Support digital strategy and transformation
KPMG in India Managed Services
Our Managed Services brings the right blend of human + machine with expertise to the core of your business operations
Three Pillars of Managed Services
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Key Contacts
Maneesha Garg
Partner & Head – Managed Services, Forensic, F&A, HR, Learning, Insight Led sales, Digital business operations and Sourcing
KPMG in India