IT Consulting and Outsourcing Sales Recruiters
IT Consulting and Outsourcing CXO, sales, and marketing recruitment professionals
The IT consulting and outsourcing sales recruiters of Renascent Solutions have extensive experience working with a wide slate of companies that provide essential services and solutions for numerous customers. The following list of focus areas certainly is not all-inclusive, but it does provide a primary overview of verticals where we have successfully completed relevant searches.
Backup/Disaster Recovery/Storage
The current global market for this type of outsourcing currently rests around $17 billion. By 2026 that amount is expected to broach the $25 billion point as data retention requirements continue to rapidly grow and processes continue to evolve and improve.
Cloud
The cloud outsourcing market neared the $400 billion mark in 2020 and it’s anticipated that this will increase to $1.5 trillion by the end of the current decade. Behemoths have been dominating this sector for some time while countless smaller and startup companies contribute much needed innovation and flexibility regarding services.
Compliance
Cost-effectiveness has been the key for many who have decided to shift the maintenance of compliance responsibilities to service providers. The current market size is about $7 billion, and this figure will undoubtedly continue to expand as an ever-greater number of requirements are tacked on year by year.
Finance
Companies that have chosen to outsource their financial operations to other entities have contributed to a global revenue field that currently sits around the $130 billion point. Future growth should easily follow annual expansion of at least 7% based on recent estimates.
Human Resources
HRO has benefitted greatly by winning business from companies seeking expertise, high quality of service, and a reduction in costs related to non-essential tasks that can readily be handled by other parties. Growth rates have been around 10% each year leading to an overall market of almost $50 billion.
Legal
Shifting many of these types of processes from internal teams to experts in outside groups has led to the creation of a field that rests around $12 billion. That number will more than likely reach above $60 billion by 2026 given current projections. LPO is rapidly becoming an essential arm for many organizations and the inclusion of AI and innovative analytic techniques have helped propel the market in recent years.
Managed Services
We’ve worked with many companies who operate using this model that tends to be more long-term and offer a more comprehensive set of solutions. The market size as it currently stands is over $250 billion and that should hover around $750 billion within 5 years when current rates of growth across the board are factored in.
Operations and Strategy
The opportunity for those in the Business Process Outsourcing field is certainly strong and will maintain continued expansion for the foreseeable future. The current figure stands at around $260 billion and yearly growth is projected to keep at a steady 9+% each year through the remainder of the decade.
Sales
A number of companies have chosen to outsource some or all of this component of corporate productivity. Quite often this may entail adding assistance in lead generation or business development, or some organizations have simply chosen to offload the entire slate of processes to a proven group that has shown results in a similar space. Current market figures show that around $2 billion is being spent on this type of solution.
Security
The ever-growing importance of maintaining secure operations has been a boon for those who run companies that cater to those seeking to offload this component of their internal operations. The current size of the overall market rests just below $100 billion and expansion should continue at a rate that will put it at $200 billion by 2028.