NEW YORK, May 14, 2015 (GLOBE NEWSWIRE) -- EXL (Nasdaq:EXLS), a leading business process solutions company, today announced that it has been recognized as a Major Player in a new IDC MarketScape: Global Professional Services Firms for Utilities Customer Operations, 2015 Vendor Assessment (doc #EISC02X, April 2015).
"We are delighted to be recognized as a Major Player in the IDC MarketScape for our utilities customer operations," said Madhavi Dahanukar, Business Head of EXL Utilities. "Utilities companies understand their industry is changing. Competition is increasing and customers expect more. EXL helps our clients manage these changes by transforming their operations, incorporating analytics and smart technology, and improving their customer relationships. Some of our largest and longest client relationships are in utilities. Reports such as this validate the work we have been doing in this industry for over a decade."
The report analyzes 15 professional services providers spanning IDC's services research coverage. IDC MarketScape is based on a comprehensive and rigorous framework that highlights the factors expected to be the most influential for both short-term and long-term success.
EXL was specifically highlighted by IDC MarketScape for a broad range of utilities services, including:
- Customer-centric operations that improve billing accuracy, reduce complaints and reduce unbilled accounts.
- End-to-end smart metering frameworks, including rollout and installation, customer service, and analytics-driven services, such as loyalty programs, consumption advice and outage management.
- Proactive debt management to link operations with meter-to-cash processes to resolve and prevent debt issues.
EXL's operations management services are underpinned by the Business EXLerator Framework™, a proprietary delivery model that integrates analytics, automation, benchmarking and other tools into client business operations. To continually expand the industry expertise of its employees, EXL has also created an in-house Utilities Academy that includes an SAP-ISU and SAP-CRM certification program.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
EXL (Nasdaq:EXLS) is a leading business process solutions company that looks deeper to drive business impact through integrated services and industry knowledge. EXL provides operations management, decision analytics and technology platforms to organizations in insurance, healthcare, banking and financial services, utilities, travel, and transportation and logistics, among others. We work as a strategic partner to help our clients streamline business operations, improve corporate finance, manage compliance, create new channels for growth and better adapt to change. Headquartered in New York and in business since 1999, EXL has approximately 23,000 professionals in locations throughout the U.S., Europe and Asia. For more information, visit www.exlservice.com.
CONTACT: Media Contact: Michael Sherrill Vice President Marketing 646-419-0778 firstname.lastname@example.orgSource:ExlService Holdings, Inc.