The Procurement Outsourcing market stands at US$1.7 billion, according to Everest Group research, with a 5-year CAGR of 13%. This means that procurement spend globally now tops US$220billion. With Accenture's announcement, last week, that it is taking over 5th ranked PO provider Procurian, it means the combined group now control a third of the global procurement outsourcing market. This Everest Group viewpoint explores the dynamics of this deal and its implications for the PO market.
Everest Group report: Accenture takes one-third of the Procurement Outsourcing Market
The Shared Services & Outsourcing Network Editor | 10/07/2013