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Growth in Outsourced Customer Care Services in Europe, Middle East, and Africa Undeterred Despite Economic Downturn Finds Frost & Sullivan - Outsourcing firms handling call volumes from Europe, the Middle East, and Africa (EMEA) continue to remain competitive and profitable with successful initiatives to contain cost during the global economic downturn
Growth in Outsourced Customer Care Services in Europe, Middle East, and Africa Undeterred Despite Economic Downturn Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Mountain View, CA, United States, 2009/06/05 - Outsourcing firms handling call volumes from Europe, the Middle East, and Africa (EMEA) continue to remain competitive and profitable with successful initiatives to contain cost during the global economic downturn.

   
 
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Outsourcing providers also cite competitive pressures and regulatory factors that may affect future, short-term business growth. The complete effect of the global economic downturn that began at the end of 2007 is that the new business pipeline from existing customers and prospects for several vendors has been promising. Past perceptions of loss of control over customer interactions are diminishing, as providers in this market deploy successful implementations, offer advanced services, and publish customer success stories.

New analysis from Frost & Sullivan (contactcenter.frost.com), EMEA Contact Outsourcing Markets, finds that the markets earned revenues of €10.7 billion (USD$15.2 billion) in 2008 and estimates this to reach €14.0 billion (USD$19.9 billion) in 2014.

If you are interested in further information about the study, please send an email to Jake Wengroff at jake.wengroff[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country.

"Despite the economic downturn, market participants in EMEA have high expectations for continued expansion plans with new and existing clients into 2009 and beyond," notes Frost & Sullivan Strategic Analyst Michael DeSalles. "Outsourcers offer a multitude of benefits to their client base, including eliminating capital expenses, flexibility and access to qualified labor, multiple languages, reduced costs, advanced management techniques, and the opportunity to gain access to state of the art technology without massive financial outlays."

A number of market participants report that they have moved to better align their sales forces with client demand for vertical expertise, especially in financial services, as well as telecom, travel, and healthcare. Many providers are in the process of expanding their respective professional services groups in anticipation of new consulting opportunities.

Currently, the most evident challenge in call centers is that of complexity. This includes increased diversity and complexity of products and services, the need for agents' multi-lingual skills, consumer demand for speed and multichannel media touches, and increased emphasis on cross-selling and up-selling. EMEA providers report dealing with complex industry legislation and regulatory compliance issues.

"In today's environment, it is increasingly common for clients in EMEA to require 'blended' delivery models, using a combination of onshore, near shore, and offshore customer contact centers," explains DeSalles. "The offshore option provides clients with lower labor costs and 'follow-the-sun' service provisioning, especially for English-language call volumes, yet, hiring sufficient support for other European languages is a challenge for all providers."

Those providers offering multiple solutions and agent models, such as client-in house agents, vendor brick-and-mortar agents, self-service options, and work-at-home or remote agents, are in a favorable position to take advantage of the market. Outsourcing firms that have CEO support to execute a solid security strategy, with an established internal security practice, will be well-prepared to meet these important client demands for data privacy, security certifications, and regulatory compliance.

EMEA Contact Centre Outsourcing Markets is part of the Contact Centers Growth Partnership Service program, which also includes research in the following markets: North America, Europe, Middle East, Africa (EMEA), and Asia Pacific. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents.

EMEA Contact Centre Outsourcing Markets / N569

 
 
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Growth in Outsourced Customer Care Services in Europe, Middle East, and Africa Undeterred Despite Economic Downturn Finds Frost & Sullivan

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