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KNOWLEDGE PROCESS OUTSOURCING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Knowledge Process Outsourcing Market, By Product Type (Analytics & Market Research, Engineering & Design, Financial Process Outsourcing, Legal Process Outsourcing, Publishing Outsourcing, Research & Development Outsourcing, and Others), By Application (BFSI, Healthcare, IT & Telecom, Manufacturing, Pharmaceutical, Retail, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Key Developments

  • In May 2022, Wipro Limited and Informatica announced a strategic partnership to jointly offer cloud-based data analytics solutions to the market. This collaboration will leverage Wipro's renowned expertise in analytics, data, and artificial intelligence (AI), combined with Informatica's robust, AI-powered data management solution.
  • In April 2022, HealthPartners, a leading healthcare organization in the United States, chose ExlService Holdings, Inc. to design an advanced care management platform on their behalf. This platform will enable HealthPartners to integrate population health analytics with their care management processes.
  • In July 2021, Accenture announced the acquisition of HRC Retail Advisory. This strategic move is aimed at bolstering Accenture's retail strategy capabilities. According to Accenture's official statement, the acquisition was motivated by HRC Retail Advisory's extensive experience and proven track record of providing invaluable assistance to leading retailers across North America. By integrating HRC Retail Advisory's expertise, Accenture can further enhance its ability to deliver comprehensive retail strategy solutions to its clients.
  • In October 2020, Contour, a global leader in decentralized platforms, announced a collaboration with Mphasis. The primary objective of this partnership is to accelerate the widespread adoption of the Contour network. Through this collaboration, Mphasis will leverage its expertise to implement Contour's decentralized platform across various industry verticals, including banks, corporations, and ecosystem partners. By integrating Contour's innovative technology with Mphasis' industry knowledge and implementation capabilities, the partnership aims to drive the adoption of decentralized solutions in the financial and corporate sectors.

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