TPI, an Information Services Group company (Nasdaq: III) and the largest sourcing data and advisory firm in the world, today released data showing a strong finish to 2010 for the Asia Pacific outsourcing market, with a second-half surge that eclipsed the region’s lackluster first half.
The 2H10 Asia Pacific TPI Index, which measures commercial contracts valued at more than US$25 million, recorded second-half total contract value (TCV) of US$6.1 billion, an 11 percent increase over the same period a year ago and a 160 percent increase over the first half of 2010. Driven by restructuring activity and mega-relationships – those contracts with an annualized value of more than US$100 million – it was the region’s strongest half-year performance since 2008.
“2010 saw a return to the roller coaster nature of awards in our region,” said Arno Franz, Partner and President, Asia Pacific, TPI. “The return of mega-relationships in the second half of the year did much to bolster TCV overall. That was in sharp contrast to the first half, when clients were still taking a ‘wait-and-see’ approach to awarding contracts due to the Global Financial Crisis.”
The Asia Pacific TPI Index provides a semi-annual snapshot of the sourcing industry for clients, service providers, analysts and the media. It is the industry’s authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider metrics.
“Looking ahead, compared to this time last year, indications are that the increased activity we saw in the second half of 2010 will continue,” Franz said.
For more information about the 2H10 Asia Pacific TPI Index or to viewpresentation slides from the conference call, please visit http://www.tpi.net/knowledgecenter/tpiindex.
About TPI TPI, an Information Services Group company (Nasdaq: III), is the founder and innovator of the sourcing advisory industry, and the largest sourcing data and advisory firm in the world. We are expert at a broad range of business support functions and related research methodologies. Utilizing deep functional domain expertise and extensive practical experience, our accomplished industry experts collaborate with organizations to help them advance their business operations through the best combination of business process improvement, shared services, outsourcing and offshoring. In 2010, the International Association of Outsourcing Professionals ranked TPI no. 1 in its Global Outsourcing 100: World’s Best Outsourcing Advisors. For additional information, visit www.tpi.net.
About Information Services Group Information Services Group (ISG) (Nasdaq: III) was founded in 2006 to build an industry-leading, high-growth, information-based services company by acquiring and growing businesses in advisory services, including strategy, implementation and management, and market information, including market measurement, analytics and related product and services. In November 2007, the company acquired TPI, the largest sourcing data and advisory firm in the world, and in January 2011, it acquired Compass, the premier independent global provider of business and information technology benchmarking, performance improvement, data and analytics services. Based in Stamford, Conn., ISG has a proven leadership team with global experience in information-based services and a track record of creating significant value for shareowners, clients and employees. For more, visit www.informationsg.com.
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