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In this quarterly report (Calendar Qtr 3, 2022), Avasant provides key information on IT Services Solution and Pricing Trends. The report covers market (buyer) perspective, macro trends from service provider community and finally, the pricing, solution and staffing trends in the space. The report covers trends across services including Infrastructure and Cloud Services, Application Services, and Digital Services. The geographic coverage is global, with a larger share of data points from North America. The report builds on insights gathered through our enterprise interactions, ongoing market research and data collection, as well as AvaMark Price Benchmarking database.
The risk of supply chain disruptions is in addition to the objective of the chief procurement officer (CPO) to deliver value, improve cash flow, develop functional capabilities, manage the risk in an ever-evolving supply base, and reduce the carbon footprint of the supply chain.
Finance and accounting (F&A) outsourcing grew between 13% and 17% from June 2021 to June 2022. F&A outsourcing is expanding as enterprises entrust service providers with more strategic processes, such as tax and treasury. Additionally, companies want to deal with fewer service providers, leading to an increase in the number of multitower deals. For F&A outsourcing service providers combined, 50%–75% of their F&A revenue comes from providing end-to-end services, compared to function-specific projects. These trends are covered in Avasant’s F&A Business Process Transformation 2022–2023 RadarView™.
The F&A Business Process Transformation 2022–2023 RadarView™ aims to help enterprises identify the correct finance digital transformation partner by detailing service capability and offering a portfolio of leading providers in the F&A space. It provides an all-encompassing view of major F&A service providers under three broad parameters: practice maturity, domain ecosystem, and investments and innovation. The 79-page report also highlights top industry trends in the F&A outsourcing space and Avasant’s viewpoint on them.
Our quarterly Residual Value Forecast (RVF) report provides forecasts for the following categories of IT equipment: desktop computers, laptops, network equipment, printers, servers, storage devices, and other IT equipment. It also includes residual values for other non-IT equipment in the following categories: copiers, material handling equipment (forklifts), mail equipment, medical equipment, test equipment, and miscellaneous equipment such as manufacturing machinery and NC machines. Residual Value Forecasts are provided for five years for end-user, wholesale, and orderly liquidation values (OLV) prices.
Enterprises want to improve customer experience of their cloud-based solutions and applications, and they are looking for faster rollout of features and upgrades to deliver personalized products and services. They are leveraging hybrid cloud environments to quickly modify their applications according to client requirements while ensuring the stability and reliability of the underlying cloud infrastructure.
The Hybrid Enterprise Services 2022–2023 RadarView™ provides information to assist enterprises in charting out their action plan for developing a hybrid cloud environment. It identifies key global service providers and system integrators that can help expedite their cloud transformation journey. It also brings out detailed capability and experience analyses of leading providers to assist organizations in identifying strategic partners. The 85-page report also highlights top industry trends in the hybrid cloud space and Avasant’s viewpoint on them. It delivers a general ranking across the key dimensions of practice maturity, partner ecosystem, and investment and innovation.
In the aftermath of the pandemic, one thing appears to be here to stay: working from home. Today, a much higher percentage of IT personnel are working from home, compared to pre-pandemic numbers. Our annual IT salary study finds that almost half of IT workers now ply their trade from home.
With current high levels of inflation and relatively low levels of unemployment, we would expect IT salaries to be rising strongly. But in the IT job market right now, that is not the case. The job market is being influenced by a series of competing tensions, which will continue in ’23. This Research Byte summarizes the executive summary of our IT Salary Report 2023.
This report provides total compensation for 80 IT job functions for more than 400 US metro areas and 20 industry sectors. The executive summary also provides our forecast for pay raises and hiring in 2023 and includes job descriptions for each job function. The salary tables are provided as a downloadable Microsoft Excel workbook, with total salaries reported at the 10th, 25th, 50th (median), 75th, and 90th percentiles.
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