SSA Global Leads Route Planning and Optimization Solutions Market in India for BPO/ITeS: Frost & Sullivan
SSA Global holds market share of 79.4 percent of BPO/ITeS Market
New Delhi, July 19, 2006: SSA Global (NASDAQ: SSAG), a leading global provider of enterprise business software and services, today announced its leadership position in the route planning and optimization solutions market in India as per a report by Frost & Sullivan. According to the IT Enabled Services (ITeS) industry report, SSA Global has recorded an impressive market share of about 79.4 percent during the fiscal year 2005-2006.
According to the Frost & Sullivan report, the market for route planning software is expected to growth with a CAGR of 22.5 percent from year 2005 to 2012. This is primarily due to growth in the awareness of route planning and optimization solutions and a growing need for automation of the transportation of employees in the Business Process Outsourcing (BPO/ITeS) industry. The total market potential at the end of year 2012 is expected to be $2.61 Mn as compared to the current market size of $0.63 Mn at the end of year 2005.
Thiru Vengadam, managing director, SSA Global said “this report acknowledges significant presence of SSA Global in the Indian market and the strength of SSA Route Planning over home grown and manual systems.”
Also according to the report, within BPOs, the cost of employee transportation is the second largest expense incurred after infrastructure, amounting to about 30% of the total expenses of the ITeS industry. The route planning and optimization solutions such as those offered by SSA Global, are preferred by the ITeS sector for efficient planning and scheduling of employee transportation and using optimum routes, thereby cutting transportation cost.
The closest competitor to SSA Global in the ITeS market had a market share of 16.2 percent in terms of revenue.
Filed under: SSA Global
