Everest Group announces Neeyamo as a Star Performer in the MPHRO segment for the second year consecutively

Chennai, India , Sep19, 2013

Neeyamo Enterprise Solutions (P) Ltd., a leading global provider of HR Outsourcing Solutions, announced that Everest Group has named Neeyamo as a Star Performer & Major Contender in the Everest Group PEAK Matrix™, published in the 2013 Multi-Process Human Resources Outsourcing (MPHRO) Service Provider Landscape report.

This report recognized Neeyamo amongst 21 service providers on the Everest Group’s Performance | Experience | Ability | Knowledge (PEAK) matrix for MPHRO as a market Star Performer, based on its year-over-year movement on the PEAK Matrix. It is one of five HRO providers to receive this recognition. Neeyamo receives this recognition consecutively for the second year.

Neeyamo’s market success in 2013 is based on annualized contract value growth and Y-o-Y movement. Capability advancements in 2013 were based on expansion of scale, scope, and delivery footprint and technology investments.

Neeyamo has seen tremendous growth in the preceding year in terms of delivery presence, technology footprint and has continued ramping up its delivery leadership team. Continuous growth has increased the service delivery coverage to over 100+ countries. Neeyamo has opened its 5th Global Delivery Center in Gurgaon, India.

Neeyamo’s CEO Ashok Bildikar said, “The recognition as the MPHRO Star Performer by the Everest Group for two consecutive years, demonstrates consistency of our commitment to our customers and partners.” He further added that, “we believe in continuously enriching our domain capabilities, investing in innovation that brings value to our relationships with old and new customers alike and delights their employees and HR stakeholders.”

Everest Group vice president and co-author of the report Rajesh Ranjan stated, “Since its inception a few years back, Neeyamo has shown significant progress in market success and delivery capability advancements. Most noteworthy is its ability to successfully deliver HRO services in emerging markets of Asia, a market clearly on the rise.”