The Quadrant Knowledge SolutionsSPARK Matrix™ provides competitive analysis & ranking of the leading procurement services vendors. 

19 April 2022: Quadrant Knowledge Solutions announced today that it has published a SPARK Matrix analysis of the global procurement services market.

The Quadrant Knowledge Solutions SPARK Matrix™: Procurement Services includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading vendors in the form of its SPARK Matrix. It gives strategic information for users to evaluate different vendor capabilities, competitive differentiation, and market position.

Procurement Service Providers are swiftly being incorporated as strategic partners into organizations, helping them transform their procurement operations by driving the adoption of advanced digital technologies such as cognitive RPA, AI, and ML, enabling the organization workforce, automating workflows and processes as well as ushering Industry 4.0 into their procurement business function by leveraging the vendor partnership ecosystem platforms, intelligent digital tools, customized service capabilities, and category-market expertise, says Sujan Thomas Mathew, an Analyst at Quadrant Knowledge Solutions.

Procurement Services is the culmination of advisory, end-to-end Procurement Outsourcing (PO), and Managed Analytics services. Procurement Service Providers (PSPs) consult on various aspects of the procurement lifecycle and help design, plan, and implement its workflow. PSPs additionally may also offer strategic insights, training, and installation services. Procurement Services are employed to help users focus on core competencies, optimize procurement processes, and manage to spend.

The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes an analysis of vendors, including Accenture, Aquanima, Capgemini, Chain IQ, Cognizant, Corbus, Exela Technologies, Genpact, GEP, HCL, IBM, Infosys, TCS, Wipro, and WNS.

About Quadrant Knowledge Solutions

Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as a strategic knowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Services. Quadrant research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.

For more available research, visit: https://quadrant-solutions.com/market-research/

Media Contacts:

Quadrant Knowledge Solutions

Riya Mehar
rmehar@quadrant-solutions.com