BOSTON, July 9, 2013 /PRNewswire/ -- Randstad Sourceright, a global talent solutions leader, today announced that it has been recognized as a leader in the MSP (Managed Service Provider) field by Staffing Industry Analysts (SIA) in the 2013 VMS and MSP Supplier Competitive Landscape report.
Of the 24 profiled MSP partners included in the report, Randstad Sourceright was ranked at the top for total MSP spend outside the U.S., and number four for overall spend inside and outside of the U.S. With $5.7 billion in total temporary or contract MSP sales, including payroll services, the company is third highest among respondents for this measure. Moreover, Randstad Sourceright was noted in the report for its leadership in MSP around the world, being the top provider in the North and South Americas region, as well as the Western Europe region, based on total clients.
The 2013 research provides an overview of the current landscape for Vendor Management System (VMS) providers and MSPs, highlighting the rapidly growing demand for both solutions in the market. According to SIA, MSP is becoming more mainstream and demand continues to surge, with total MSP spend having grown 18 percent throughout 2012. In light of this increasing market for MSP, the provider landscape has expanded considerably. However, despite the large number of providers in the market, there is significant differentiation among them, with some experiencing greater success than others.
"As the MSP landscape grows more competitive, Randstad Sourceright is dedicated to serving as a strategic partner to our clients. We offer great depth and breadth of service to ensure an optimized environment to connect with the global talent that will fulfill evolving workforce demands," said Teresa Creech, president, MSP and Contingent Workforce Solutions (CWS) for Randstad Sourceright. "Randstad Sourceright is uniquely positioned in the top tier of our industry, and we're honored to be recognized by Staffing Industry Analysts for providing industry leading programs that improve talent visibility, strategic alignment, compliance and cost control."
For additional details on Randstad Sourceright's MSP solutions, please visit: http://www.randstadsourceright.com/solutions/managed-services-provider-msp-solutions/overview/
About Randstad Sourceright
Randstad Sourceright is a global talent leader, providing solutions and expertise that help companies position for growth, execute on strategy, and improve business agility. Our experience encompasses all facets of talent, including traditional employees and the contingent, free agent workforce. Key offerings include Blended Workforce Solutions, Recruitment Process Outsourcing (RPO), Managed Services Provider (MSP) programs, and Contingent Workforce Services (CWS). As an operating company of Randstad, a $22 billion company and the second largest HR services provider in the world, Randstad Sourceright delivers the resources and deep capability companies need to optimize their talent strategy for business growth and transformation. We are consistently recognized for service excellence and innovation by industry organizations such as Everest Group, HRO Today Magazine, NelsonHall, Bersin by Deloitte, and Staffing Industry Analysts. To learn more, visit www.randstadsourceright.com
SOURCE Randstad Sourceright