The Impact of COVID-19 on Global Delivery Locations and Portfolio Strategies
Executive Brief
28 May 2020
by
Hrishi Raj Agarwalla
The COVID-19 pandemic has caused an unprecedented crisis, impacting services delivery across locations. The pandemic has exposed the lack of resiliency in global services delivery strategies across organizations. At the same time, it has driven the adoption of alternative models such as work from home and contingent workforce.
This Executive Brief explains how changing dynamics such as rising cost pressures, greater automation, increased focus on BCP, and adoption of work from home will impact locations strategies across organizations. Further, it provides Everest Group’s outlook on the global services industry’s growth across leading locations, as organizations realign their future locations strategies.
Note: Everest Group publishes executive briefs for senior executives from enterprises and service providers. These briefs address hot industry topics and particularly challenging issues of the day in an easy to digest format.
The global services market grew significantly in 2021 and 2022 across geographies driven by factors such as strong post-pandemic recovery, increased demand for value-added and digital services, and higher enterprise offshoring/nearshoring. However,…