Sourcing advisory Alsbridge has launched an outsourcing advisory business in the UK following years of operating a franchise model.
The company previously had a benchmarking operation in the UK but its sourcing consultancy business was run as a franchise by Aecus.
Alsbridge Europe head Homan Haghighi said the company has not been allowed to offer its traditional sourcing advisory services in the UK until now and has previously focused on benchmarking services.
According to Haghighi, the UK is one of the biggest and most advanced markets for IT and business outsourcing.
“The UK and northern Europe market for IT, network and business process sourcing is one of the most advanced, vibrant and competitive in the world,” he said.
“The decision to expand our operations here is a mark of Alsbridge’s long-term commitment to delivering insight, innovation and value to clients in the UK, mainland Europe and the Nordic countries.”
Read more about sourcing consultancies
- Business consultancy KPMG has acquired sourcing advisory Equaterra after months of negotiations
- The US owner of sourcing consultancy TPI has acquired Compass Management Consulting, to increase the transformational services it can offer
- The amount of money spent on outsourcing contracts this year in Europe is expected to be one of the highest figures ever
The company is starting with 15 people in the UK but expects to have 50 on board by the end of 2015.
Alsbridge is a huge player in the US and boasts large numbers of global multi-national firms as clients.
The sourcing sector has seen growth in recent years, in parallel with a boom in outsourcing and changes to the models used when buying IT services.
Alsbridge will be up against the likes of ISG and Gartner in the UK.
In 2011, through its TPI sourcing advisory arm, ISG acquired UK-based Compass Management Consulting. In the same year, business consultancy KPMG acquired sourcing advisory Equaterra, which had earlier acquired Morgan Chambers.
Alsbridge, like ISG, is private equity-backed and must therefore have targets to grow, which could include making acquisitions.
Robert Morgan, director at sourcing consultancy Burnt Oak Partners, said Alsbridge could challenge the number one position of ISG.