HOV Services, Inc., a proven provider of business process and knowledge
process outsourcing solutions announced today that they have received a
ranking of 15 on the International Association of Outsourcing
Professionals' (IAOP) Global Outsourcing 100 list for 2008. This is the
third consecutive ranking for HOV Services within the top 25, and moves
HOV Services up nine positions from last years ranking.
The Global Outsourcing 100 and its sub-lists are designed to help
companies seek and develop meaningful partnerships with the top
organizations in the outsourcing industry. The lists are not isolated to
information technology and business process outsourcing providers and
serve as the definitive snapshot of the strongest companies across a
full spectrum of outsourcing services. To determine a company’s
industry ranking, IAOP used four critical characteristics to base their
judgments: size and growth; customer references; organizational
competencies; and management capabilities. HOV Services received high
ratings in all these areas and the top scores for both their Industry
Recognition and Outsourcing Experience.
"HOV Services’ is again honored by IAOP’s
recognition of HOVS as a worldwide leader in the outsourcing industry,"
stated Suresh Yannamani, President and COO of HOV Services. "With the
continued expansion of our services into the Knowledge Process
Outsourcing space, combined with HOVS’ ability
to provide flexible end-to-end Finance and Accounting, Risk Management
and Content Management solutions across targeted vertical markets, we
look forward to further increasing our ranking and delivering ever
greater value for our customers in the coming year.”
“The companies on this year's Global
Outsourcing 100 list represent the elite of our field, hailing from
every corner of the globe and providing an extensive array of
cutting-edge services," says Michael F. Corbett, Chairman, IAOP. “The
Global Outsourcing 100 list has become the definitive go-to resource
that companies use to make better informed outsourcing decisions and
comparisons of providers, so it is an extremely valuable resource for
both the players named on it and the businesses around the world that
use outsourcing services.”
In addition to the overall ranking of 15th in
the industry, HOV Services was additionally recognized in the following
sub lists: Best 10 Leaders with Employee Presence in India; Best 20
Companies by Industry Focus: Financial Services (Banking, Capital
Markets); Best 20 Companies by Industry Focus: Telecommunication; Best
20 Companies by Service Offered: Document Management; and Best 10
Companies by Industry Focus: Health Care.
For details on the panel of judges and on the process for selecting The
Global Outsourcing 100 List, please visit the following website: www.globaloutsourcing100.com.
About HOV Services
HOV Services is a leader in the delivery of flexible, end-to-end
outsourcing solutions. As a strategic partner and leader in the Business
Process and Knowledge Process outsourcing marketplace, we are focused on
improving financial and operational performance for our customers. Our
clients include over 50 percent of the FORTUNE 100®
and are some of the largest companies in the industries served. We
combine over 20 years of industry experience with RightShore delivery
centers strategically located in India, North America, China and Mexico
with over 12,000 associates working together to Exceed Expectations®
of our clients by assisting them in reaching their strategic business
goals.
Our suite of solutions encompass Finance and Accounting, Content
Management, and Risk Management customized to meet the needs of
companies in the Healthcare, BFSI, Teleco, Media & Publishing, Retail,
Manufacturing and Government sectors. To learn more, visit www.hovservices.com.
About IAOP
The International Association of Outsourcing Professionals (IAOP), with
40,000 corporate, professional, and associate members worldwide, is
leading the effort to transform the world of business through
outsourcing. Its clientside members are, on average, responsible for $60
million per year of outsourcing spending with some overseeing
outsourcing programs in the billions of dollars. Through professional
and ethical standards, the Certified Outsourcing Professional (COP)
Program, educational programs including The Outsourcing World Summit®,
and recognitions such as The Outsourcing Hall of Fame and The Global
Outsourcing 100, IAOP is advancing one of the 21st century’s
most important new management fields - outsourcing. To learn more, visit www.outsourcingprofessional.org.
About The Global Outsourcing 100
The Global Outsourcing 100, produced annually by the International
Association of Outsourcing Professionals (IAOP), is devoted to featuring
the best of today's leading outsourcing service providers and tomorrow's
rising stars. Along with its publication by IAOP, the list appears each
year in FORTUNE® magazine in the special
advertising section produced by IAOP. Companies must demonstrate
excellence in categories such as size and growth, customer experience,
depth and breadth of competencies, and management capabilities. Because
of the rigorous application and judging process employed, The Global
Outsourcing 100 defines the standard for excellence in outsourcing
service delivery.
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