This Frost Radar™ reveals the positions of the key companies in the European customer experience management (CXM) industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and market position. Frost & Sullivan analyzes hundreds of companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where only a limited number of leading providers are then positioned.
The Growth Index is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end- user-focused sales and marketing strategies. The five variables considered for this index are:
-- GI1: Market Share (previous 3 years)
-- GI2: Revenue Growth (previous 3 years)
-- GI3: Growth Pipeline
-- GI4: Vision and Strategy
-- GI5: Sales and Marketing
The Innovation Index is a measure of a company’s ability to develop products/services/solutions with a clear understanding of disruptive megatrends, are globally applicable, can evolve and expand to serve multiple markets, and are aligned to customers’ changing needs. Elements of this index include:
-- II1: Innovation Scalability
-- II2: Research and Development
-- II3: Product Portfolio
-- II4: Megatrends Leverage
-- II5: Customer Alignment Definitions
This study examines the European CXM industry. It shows data for outsourcing services alone, excluding operations performed in-house and in shared service centers. Revenue represents outsourcer revenue associated with customer interactions that originate in continental Europe, regardless of fulfillment model. This includes onshore, nearshore, offshore, home-agent, automated, and technology-enabled fulfillment.
This study examines the European CXM industry. It shows data for outsourcing services alone, excluding operations performed in-house and in shared service centers. Revenue represents outsourcer revenue associated with customer interactions that originate in continental Europe, regardless of fulfillment model. This includes onshore, nearshore, offshore, home-agent, automated, and technology-enabled fulfillment.
Inclusion Criteria
While Frost & Sullivan research on this industry includes close to 250 service providers, this Frost Radar™ profiles the 17 more significant participants in terms of market reach, user adoption, growth rates, product innovation, and CX. Frost & Sullivan also considered several other factors, including:
-- Local market presence and brand awareness. A company must demonstrate that it regularly sells and operates CX services. Brand awareness through comprehensive, consistent marketing programs is important, and assists in developing strong partnership opportunities for sales and product integrations.
-- Total revenue. Exhibit annual revenue of at least €200 million in sales for European clients, regardless of the fulfillment region.
-- Local clients. Demonstrate it had a minimum of 25 active Europe-based clients in several industry verticals.
-- Innovation initiatives. Participants must prove that they have several product development endeavors and that they are having a significant impact in the marketplace.
-- Ethical considerations. Participants must adhere to several environmental, social, and governance (ESG) standards.
Some companies included in this Frost Radar™ engaged with the Frost & Sullivan research team by providing both written commentary and a live briefing (Atento, Bosch Service Solutions, Foundever, Infosys BPM, Intelcia, Konecta, Teleperformance, and Transcom). Some chose not to actively participate (AlmavivA, Capita, Concentrix, Covisian, Firstsource, and Regiocom), while others only provided partial collaboration (Mplus, Tech Mahindra, and TELUS International).
Customer Experience Management in Europe 2024
- Customer Experience Management in Europe
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| Author | Bernardin Arnason |
| Industries | Information Technology |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | European Cxm Industry |
| Keyword 2 | Cx Management |
| Keyword 3 | Cx Strategy |
| Podcast | No |
| WIP Number | K9F7-01-00-00-00 |
Frost Radar™: Customer Experience Management in Europe, 2024
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
26-Mar-2024
Europe
Frost Radar




