GBS Executive Insights: Key Issues for 2024
Market Report

5 Feb 2024
by Rohitashwa Aggarwal, Hrishi Raj Agarwalla, Anish Agarwal, Meghna Rosa Thomas

Our research on key issues in the global services market is based on annual surveys, offering valuable insights into the global sourcing industry. Despite concerns about challenging macroeconomic conditions and geopolitical adversities, enterprises remain optimistic. In 2024, the focus will be on improving efficiency, operating with leaner resources, and prioritizing revenue growth through streamlined efforts and cost-reduction strategies. While the global IT-BP services industry expects modest growth, the Global Business Services (GBS) model is gaining popularity, prompting providers to align with growing enterprise expectations. The technology landscape will emphasize productivity and resilience, with a cautious yet progressive approach to adopting generative AI.

This report, based on a study conducted in October and November 2023, engages senior stakeholders from global enterprises across multiple departments, including GBS. It provides insights into how leading global enterprises have navigated 2023 and their strategies to deliver accelerated value in a dynamic world as they plan for 2024.

Scope

  • Geography: global
  • Industry: cross-industry
  • Services: IT and business process services

Contents

In this reort, we examine:

  • Top business challenges and priority shifts as we approach 2024
  • Key themes shaping the IT-BP industry in these uncertain times
  • Generative AI adoption
  • Membership(s)

    GBS/SS

 

Page Count: 39