All posts by imreal

Alera Group Acquires Muench Financial, Inc.


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Muench Financial brings an exciting new element to Alera Group’s wealth management practice. Their expertise will help us continue to provide clients in the Northwest with industry-leading solutions.

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, today announced that it has acquired Muench Financial, Inc., effective December 31, 2019.

Muench Financial, located in Seattle, Washington, works with small and medium-sized businesses throughout the Northwest. The firm works with clients in a variety of capacities, with service offerings including evaluating retirement plan features, plan participant education, monitoring and evaluating plan investments, and implementing effective retirement programs.

“Jon Muench and his team bring an exciting new element to Alera Group’s wealth management practice,” said Alan Levitz, CEO of Alera Group. “We are proud to have them as part of Alera Group working with Jeff Albers, Director of Retirement Plan and Wealth Management. Their expertise will help us continue to provide clients in the Northwest with industry-leading solutions.”

“We are excited to join Alera Group, and we look forward to continued growth with the power of national resources behind us,” said Jon Muench, President of Muench Financial. “Our goal, as always, is to serve our clients with excellence, and as an Alera Group company, we will be even better equipped to do that.”    

Muench Financial, Inc., joins Alera Group through Wilson Albers. The Muench Financial team will operate out of Alera Group’s Seattle office. Terms of the transaction were not disclosed.

Alera Group was formed in early 2017 and is one of the nation’s foremost independent insurance agencies. For more information on partnering with Alera Group, visit Partner With Us at http://www.aleragroup.com.

About Alera Group

Based in Deerfield, IL, Alera Group’s over 1,800 employees serve thousands of clients nationally in employee benefits, property and casualty, retirement services and wealth management. Alera Group is the 15th largest privately held firm in the country. For more information, visit http://www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS.

M&A Contact

Rob Lieblein, Chief Development Officer

Email: rob.lieblein@aleragroup.com

Phone: 717-329-2451

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Somatus Expands Kidney Care Partnership with BlueCross BlueShield of Tennessee


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“We are excited to expand our partnership and bring customized services to stage 4 and 5 CKD members, building on the results we’ve already delivered in 2019 with superior clinical outcomes and strong medical cost reductions.” – Dr. Ikenna Okezie, CEO, Somatus

Somatus, the market leader in providing value-based kidney services to health plans, health systems, and nephrology and primary care groups, today announced it is expanding its renal management partnership with BlueCross BlueShield of Tennessee (BCBST) to include Medicare Advantage members with stage 4 and 5 chronic kidney disease (CKD). This partnership previously only served BCBST’s Medicare Advantage members with End Stage Renal Disease (ESRD). The expansion offers members access to Somatus’ field-based nursing and renal care teams to help them focus on slowing or stopping disease progression and connect with the right tools and resources to better manage their health.

With the expanded program, stage 4 and 5 CKD and new ESRD members will benefit from personalized support and care plans that include nutrition and health coaching, medication management, home dialysis modality education, behavioral health, and social services. Members will also have access to purposefully designed member-facing mobile applications which include interactive education modules and transplant journey tracking.

“Our partnership with Somatus has been focused on keeping our members with kidney disease out of the hospital and doing what matters most to them,” said Dr. J.B. Sobel, Vice President and Chief Medical Officer of Senior Products at BlueCross BlueShield of Tennessee. “Given the success of our first year, we have decided to expand our partnership with Somatus and look forward to broadening our offering of innovative programs to our members with chronic kidney related conditions.”

The initial program was launched in 2019 and has delivered impressive engagement rates and results for the members. Through a commitment to empower members to be as healthy as possible and help them spend more time living their lives and less time in health care facilities, Somatus has improved quality outcomes and lowered medical expenses attributed to the ESRD population.

“BlueCross BlueShield of Tennessee has been an incredible partner, going above and beyond to ensure their members with kidney disease are getting access to high-quality care that is inclusive of both their physical and social needs,” said Dr. Ikenna Okezie, Co-Founder and CEO of Somatus. “We are excited to expand our partnership and bring customized services to stage 4 and 5 CKD members, building on the results we’ve already delivered in 2019 with superior clinical outcomes and strong medical cost reductions.”

About Somatus

Somatus partners with leading health plans, health systems, nephrology and primary care groups to provide integrated care for patients with or at risk of developing kidney disease. As the market leader in value-based kidney care, Somatus’ vertically integrated clinical services and technology delay or prevent disease progression, improve quality and care coordination, and increase the use of home dialysis modalities and rates of kidney transplantation. The company is headquartered in McLean, Virginia, and founded by a team of world-class healthcare operators, successful entrepreneurs, and leading clinicians treating kidney disease. For more information, please visit somatus.com.

About BlueCross®

BlueCross BlueShield of Tennessee is a taxpaying, not-for-profit health plan serving more than 3.5 million members in Tennessee and around the country. The Chattanooga-based company was founded in 1945 and is celebrating its 75th anniversary of bringing peace of mind to its members and local communities. BlueCross BlueShield of Tennessee Inc. is an independent licensee of the BlueCross BlueShield Association. For more information, visit the company’s news center at bcbstnews.com.

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Gary Nemmers Joins the Magaya Corporation Board of Directors


Headshot of Gary Nemmers, Magaya Board Member

Gary Nemmers Joins Magaya Board of Directors

“We are pleased to welcome Gary to the Magaya board and especially look forward to his contribution and valuable perspectives as we continue to execute our strategy, drive profitable growth, and enhance value for all Magaya customers,” said Gabriel Ruz, Co-CEO at Magaya Corporation.

Magaya, a leading provider of logistics and supply chain software, today announced the appointment of industry leader and senior software executive Gary Nemmers to its board of directors. Nemmers brings extensive experience working with private equity backed software companies and has worked within the supply chain industry sector for over 20 years.

“Magaya is the ideal situation for me to leverage my experience and assist with M&A and strategic projects,” said Nemmers. “I look forward to helping the company take the next step in its impressive growth story and assisting the team with strategy and thought leadership.”

“We are pleased to welcome Gary to the Magaya board and especially look forward to his contribution and valuable perspectives as we continue to execute our strategy, drive profitable growth, and enhance value for all Magaya customers,” said Gabriel Ruz, Co-CEO at Magaya Corporation.

Nemmers most recently served as CEO and board member of IQMS Software, where he spearheaded significant EBITDA expansion and doubled the revenue before the company was acquired by Dassault Systèmes in January 2019.

Previously, Nemmers served as COO at HighJump Software, Senior VP at Infor and was the founder and CEO of DataTrend Information Systems, which provided ERP solutions to the JD Edward and PeopleSoft community. His educational background includes a bachelor’s degree in Behavioral Psychology from Northwestern University and an MBA from Kellogg School of Management.

More about Magaya can be found here. More information about Gary Nemmers’ background and experience can be found here.

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Dr. Miranda Uzoma joins U.S. Dermatology Partners Sugarland


Board Certified Dermatologist, Miranda Uzoma, MD

Miranda Uzoma, MD Dermatologist

U.S. Dermatology Partners is pleased to welcome Board-Certified Dermatologist and Fellowship Trained Dermatopathologist, Dr. Miranda Uzoma, to our Sugarland practice.

Dr. Miranda Uzoma graduated Magna Cum Laude with a Bachelor of Science from Cornell University. She earned her medical degree from UTMB School of Medicine in Galveston, Texas. She went on to complete her dermatology residency at Henry Ford Hospital in Detroit, MI, after which she returned to Houston to pursue further advanced fellowship training in dermatopathology at the University of Texas Health Science Center at the Texas Medical Center. Dr. Uzoma is a Fellow of the American Academy of Dermatology and is a member of the American Society of Dermatopathology, the International Society of Dermatopathology, Skin of Color Society, and Women’s Dermatologic Society. She is a skilled dermatologic surgeon and has a strong interest in complex medical skin diseases like hidradenitis suppurativa, and pigmentary disorders such as vitiligo.

Dr. Uzoma is excited to practice dermatology in her hometown and serve the Houston community. In her spare time, she enjoys spending time with her husband and son and keeping up with the Houston Rockets and Texans.

About U.S. Dermatology Partners

As one of the largest physician-owned dermatology practices in the country, U.S. Dermatology Partners patients not only have access to general medical, surgical, and cosmetic skin treatment through its coordinated care network, but also benefit from the practice’s strong dermatology subspecialty thought leaders and medical advisory board. To be the best partners to its patients, U.S. Dermatology Partners is fervently focused on providing the highest level of patient-first care, and its team, therefore, includes recognized national leaders in areas such as clinical research, psoriasis and Mohs Surgery. To learn more, visit usdermatologypartners.com.

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John Mark’s newly released “The King” is a beautifully written collection of poems bringing praise to the Almighty God


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“The King”: a noteworthy book of poems that give honor and genuflection to the Lord for His wondrous love and graciousness to His creation. “The King” is the creation of published author John Mark.

Mark shares, “I think the best thing we can do for our Lord is to be his Christian. I have tried to be one and hope that my writing be taken as for him and Christian. God has given me his grace many times over in my life as the more in my life I must strive to be a better Christian.

“I have been writing poetry for many years and have always enjoyed writing it. My poetry is unique in that every line I write rhymes with every line, yet every poem makes a spiritual sense. Trying to find some meaning to communicate for God, I have written these poems that they may be Christian and hope that they be accepted. Plato was once asked, ‘What is God?’ And he answered, ‘The good and the beautiful.’ I hope that you who may read my poems may find that they merit some of that good and the beautiful and are then worthy of praise and glory to our good, beautiful, and loving God.”

Published by Christian Faith Publishing, John Mark’s new book graces readers with fervor to extol the magnanimity of God for people to know and commemorate throughout their waking lives.

This book promises truthful and thought-provoking verses that burn with great adoration for all things good in God’s favor.

View the synopsis of “The King” on YouTube.

Consumers can purchase “The King” at traditional brick-and-mortar bookstores or online at Amazon.com, Apple iTunes store, or Barnes and Noble.

For additional information or inquiries about “The King,” contact the Christian Faith Publishing media department at 866-554-0919.

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Lief Therapeutics Launches Lief Rx, World’s First Smart Patch for Mental Health, Now Covered By Insurance


Lief Rx in hand

Comfortable, discreet wearable for mental health

“Lief gives patients a simple training tool to increase their resilience to mental health challenges. Our mission is to empower millions of people to improve their mental health with a safe and affordable alternative to pharmaceutical drugs.” -Rohan Dixit, CEO & Founder of Lief

Lief Therapeutics announces Lief Rx, the world’s first smart patch for mental health, is now covered by most U.S. insurance plans. Lief Rx is a clinical-grade ECG, discreetly worn under the user’s clothing, that trains users to improve their heart rate variability (HRV), the emerging gold standard biomarker for mental health.

Lief Rx’s clinical trial found that over 90% of study participants using Lief reported significantly reduced anxiety levels over the course of eight weeks. Participants were also able to significantly increase their HRV 10 points, or almost 50%, in 3 minute exercises with the device. Dr. Nolan Williams, Director of Interventional Psychiatry Clinical Research at Stanford University, explains “As a mental health biomarker, HRV is extremely promising, and Lief has designed a device to both measure and improve it. Lief’s approach to tracking and improving HRV may be useful across a wide variety of mental health conditions.” Healthcare providers can now offer Lief Rx, an FDA class II device, as an affordable non-pharmaceutical intervention for improving patient mental health.

While more than 40 million Americans suffer from anxiety or depression, many are not aware of how their HRV can exacerbate mental health symptoms. Lief Rx not only detects low HRV levels in real time, but helps users improve it through patented, haptic training exercises known as heart rate variability biofeedback (HRVB). Widely cited meta-analyses have found HRVB technology has stronger effects on symptoms of anxiety (ES = 0.83) than either cognitive behavioral therapy (ES = 0.70) or pharmaceuticals (ES = 0.60). Lief Therapeutics C.E.O., Rohan Dixit, shares “Lief gives patients a simple training tool to increase their resilience to mental health challenges. Our mission is to empower millions of people to improve their mental health with a safe and affordable alternative to pharmaceutical drugs.”

Low HRV is a clear indicator of heightened stress, which is an underlying factor in up to 90% of all physician visits. In addition to being associated with stress, anxiety, depression, addiction, and PTSD, low HRV is associated with numerous other disease states, like cancer, diabetes, heart disease, obesity, erectile dysfunction, and more. Dr. Ty Canning, a Bay Area clinical psychologist with expertise in mindfulness-based interventions notes, “Lief Rx’s approach to HRVB training gives prescriptive power to something as core to wellness as breathing. Without non-pharmaceutical anxiety management tools like Lief Rx, patients are left relying on addictive prescription drugs that may be helpful momentarily, but can ultimately hinder progress.”

In addition to helping patients harness the power of their breath to improve their HRV levels in real-time, Lief Rx’s clinician dashboard enables healthcare providers to monitor patients’ biomarker data and send clinically validated psychological assessments directly to patients through the Lief Rx mobile app. Lief Rx gives healthcare providers access to patients’ biomarker data in conjunction with their self report, thus enabling more accurate assessments of patients’ mental health than ever before.

Lief Therapeutics is currently offering a one month free promotion for healthcare providers interested in using Lief Rx with their patients. Providers may visit getlief.com/healthcare_provider to sign up. Patients can reach out for assistance in determining eligibility for Lief Rx by visiting getlief.com or emailing hello@getlief.com.

About Lief Therapeutics

Lief Therapeutics offers biofeedback wearables for mental health to consumers and patients, as well as a remote patient monitoring platform for healthcare providers. Lief Rx, Lief’s prescription-only device for patients, is indicated for HRV-based relaxation training and muscle re-education, which, as part of a healthy lifestyle, may help reduce the risk of anxiety and depression. For more information, visit http://www.getlief.com.

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See One Savvy Girl Introduce Their Products That Empower Women for Outdoor Adventures


Modern Living with kathy ireland® with One Savvy Girl

“Our mission is to empower and motivate women to get outside and spend time outdoors doing the things they love the most.” – Kelly Fedio, CEO of One Savvy Girl

Modern Living with kathy ireland® is pleased to announce an exclusive interview with One Savvy Girl CEO Kelly Fedio to discuss their outdoor lifestyle and leisure brand for women.

One Savvy Girl is a company that has created innovative products that help women enhance their outdoor adventures. A small, family-owned business based in Redondo Beach, California, One Savvy Girl believes that a life truly lived is one that is full of adventure and exploration in the great outdoors. The company is on a mission to create an extraordinary and ever-expanding product line just for women that makes it easy and fun to enjoy the simple pleasures of getting outside, enjoying the fresh air and conquering the day. From hobby hikers and campers to women who simply love exploring around town, One Savvy Girl is passionate about creating female-focused products that help women get outside more often doing the things they love. Whether it’s a picnic in the park, a day at the beach, a backyard barbecue, a weekend camping in the mountains or simply enjoying a drink alfresco, One Savvy Girl strives to bring comfort, convenience and style to every outdoor adventure. One Savvy Girl’s product line includes water bottles, backpacks, bags, tote sets, coolers and much more.

Fedio says that One Savvy Girl offers products that are in demand and can’t be found anywhere else. She explains, “Our mission is to empower and motivate women to get outside and spend time outdoors doing the things they love the most. We wanted to create a product line just for women to support that. We really did see a need in the market for women being underserved by traditional outdoor brands. Our products are meant to add a pop of color, fun and excitement to everyday outdoor activities.”

For more information about One Savvy Girl and their innovative outdoor products for women, visit OneSavvyGirl.com and tune in to WE tv as sponsored content on Thursday, January 23, 2020 at 7:30am EST.

About Modern Living with kathy ireland®

Modern Living with kathy ireland® is an independently produced television series airing domestically on WE tv as sponsored content and on Bloomberg Internationally. Hosted by lifestyle influencer and business mogul Kathy Ireland, the series features the latest in lifestyle and B2C trends, breakthroughs, and solutions, while highlighting companies from around the globe in a unique and credible format. For more about Modern Living with kathy ireland®, visit modernlivingtv.com and check out the series on social media!

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Nascentia Health Selects HEALTHsuite Advantage™ from RAM Technologies to Streamline Entry into Medicare Advantage Market


At RAM Technologies, our core mission is to provide the industry’s very best platform and services to health plans administering Medicare Advantage and Special Needs Plans (SNP’s).

RAM Technologies, Inc., the perennial leader in the development of enterprise software solutions for Medicare Advantage health plans, is pleased to announce the newest client for their HEALTHsuite Advantage™ and Medicare Advantage-in-a-Box offering; Nascentia Health of Syracuse, New York. Nascentia Health selected RAM and their “Medicare Advantage-in-a-Box” platform to administer their Medicare Advantage and Medicaid Advantage Plus (MAP) product offerings from a single comprehensive enterprise software solution.

Nascentia Health, a long-time leader in New York’s Managed Long Term Care (MLTC) program is expanding into the New York Medicaid Advantage Plus (MAP) program, an integrated care program designed for individuals who are nursing home certified and Dually Eligible in managed long-term care. This allows an individual to enroll in a single plan while receiving the benefits from multiple products, Medicare Advantage and Medicaid MLTC. As part of this ongoing effort to serve their membership, Nascentia Health has added three (3) new Medicare Advantage / Special Needs based offerings.

“We performed a comprehensive evaluation of solutions, and more importantly vendors, in the market. We found that RAM Technologies not only offered the most complete, end-to-end platform and services to administer our business, they also possessed the subject matter expertise to guide our entry as we move into Medicare Advantage,” said June Castle, Chief Administrative Officer of Nascentia Health. “As a new entrant to the Medicare Advantage market it was imperative that we had the right partner to help us meet our objectives while continuing to serve our membership and RAM has been that partner.”

Christopher P. Minton, Executive Vice President of RAM Technologies had this to add, “At RAM Technologies, our core mission is to provide the industry’s very best platform and services to health plans administering Medicare Advantage and Special Needs Plans (SNP’s). Refining our focus exclusively on MA enabled us to channel all of our energies and resources on our MA offerings, while continuing to elevate the expertise of our staff. We are eager to bring our solutions and our MA expertise to our partnership with Nascentia Health, and we welcome them to our expanding family of clients.”

RAM’s offerings, HEALTHsuite Advantage / Medicare Advantage-in-a-Box and the associated business process services, represent the next evolution in Medicare Advantage administration. HEALTHsuite Advantage comes pre-configured to administer ‘Original’ Medicare, slashing implementation durations, eliminating risk and greatly reducing costs. The RAM offering provides robust features and functions including all of the essential core capabilities and complete integration with CMS, and delivers them in a truly innovative fashion.

In addition to the enterprise capabilities provided by HEALTHsuite Advantage, RAM’s web portal product eHealthsuite™ enables providers and members to interact with the health plan in real time through a secure Internet connection. This self-service functionality, available 24 x 7, lowers administrative costs by reducing the demands on the health plan’s customer service personnel.

About RAM Technologies:

RAM Technologies is the industry leader in helping organizations that are interested in starting a Medicare Advantage plan. Every day more and more people are asking, “How Do I Become a Medicare Advantage Health Plan?” We offer a step-by-step process to succeed. Whether you are a health system looking to transition to Medicare Advantage or a new entity looking for Steps to Succeed as a Medicare Advantage start-up, we can help. To learn more about launching a Medicare Advantage Plan, answering the question, “What do I need to do to start a Medicare Advantage Health Plan?” call (877) 654-8810 x 4 or visit ramtechinc.com.

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Cerebral Launches in Seven States, Aiming to Fill a Gap in Mental Health Care


Cerebral is offering an alternative to a mental health system that many see as broken.

Cerebral has launched publicly in California, Florida, Georgia, Maryland, Ohio, Pennsylvania, and Texas.

The startup is reimagining the process by which people are treated for anxiety and depression. Clients sign up for a comprehensive subscription, which allows them to schedule an initial visit to be held within days of signing up. If they are prescribed medication during their visit, they are then assigned to a care manager who works closely with them and can respond to any questions or concerns within a day.

All of this happens online, and medication is delivered directly to the person’s home for no extra charge. Dosage and medication adjustments are common in psychiatric care, so clients have regular check-ins to figure out when changes to a treatment regimen are needed.

The founders include Dr. Ho Anh, the former Medical Director at Hims and former Medical Group President at Lemonaid Health, as well as Kyle Robertson, who has deep family and personal connections to mental health.

Cerebral is currently offering a discount for the first month to make care for Seasonal Affective Disorder more accessible, with the price at just $5 for the first month of treatment for those who start before February 1st.

The startup is a new alternative to a broken traditional mental health care system. 18.1% of American adults are suffering from an anxiety disorder at any given time. What’s scary is that only 1 in 5 of them receive treatment consistent with current practice guidelines, and 35% receive no treatment at all. 3 month wait times are average to see a psychiatrist. And they’re often waiting for a consultation that they’ll have to pay $500 for.

For $92 per month, comprehensive care at Cerebral includes:


  • Video visits with a prescribing provider
  • Medication & medication delivery
  • Assigned care manager

For the past 3 months, Cerebral ran a private beta in California & Ohio. Early indicators of clinical efficacy are promising, and the team is excited to continue tracking this over the course of the months and years to come.

This promising new line of treatment is getting interest around the country. Bloomberg ran an exclusive look on what this launch means to the industry.

Clients looking for treatment as well as mental health professionals looking for options for their own clients should learn more about Cerebral on the company’s website.

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Data & Analytics (D&A) Market Among Fastest Growing in Services Industry, Clocking Nearly 20% Growth


Everest Group

One of the most exciting shifts we are seeing among leading enterprises today is recognition of the need to democratize all of this data to build a data-driven, decision-making culture.

The global Data & Analytics (D&A) market is one of the fastest-growing markets in the services industry. Everest Group predicts double-digit growth (17-19%) for the D&A market with annual services revenues expected to cross the US$100 billion mark by 2022. Further, in an Everest Group survey of 200 global enterprises across multiple industries and geographies, more than 70% said they are either currently using AI systems to automatically generate business decision recommendations or expect to be doing so by 2022.

“Enterprises across all industries and geographies are dealing with an explosion of data—data that is made available by digital transformation, cloud and IoT and made useful by analytics, artificial intelligence and machine learning,” said Vishal Gupta, practice director at Everest Group. “One of the most exciting shifts we are seeing among leading enterprises today is recognition of the need to democratize all of this data to build a data-driven, decision-making culture.”

More specifically, key drivers for growth of the D&A market include the following trends:

  • Enterprises are exhibiting a strong demand for migration from legacy systems and increased adoption of cloud-based services.
  • Data has become the central theme in CXO-level discussions across enterprises in all verticals.
  • New regulations such as GDPR and the California Act are driving demand for data security, privacy and governance.
  • Next-generation technologies are transforming the asset-heavy industries by showcasing the value of data captured by Internet of Things (IoT) sensors across devices.
  • Enterprises are expressing increasing need for data orchestration, data democratization, and quick insight generation to make real-time impactful business decisions.


These findings and more are discussed in Everest Group’s new report, “Data & Analytics (D&A) – State of the Market Report 2020.” This research provides comprehensive coverage of the D&A market, including a market overview and an in-depth look at adoption trends across industries and geographies, key factors driving adoption, the deal landscape, the service provider landscape, and key emerging themes in D&A services.

Additional highlights:

  • The D&A market is growing at a healthy rate. The global D&A market witnessed a robust growth of 18-20% in 2018, touching the US$57-US$62 billion mark in annual revenue. The demand for D&A services remained strong from traditionally leading markets of North America and EMEA, as well as from the emerging APAC market.
  • Banking, Financial Services and Insurance (BFSI) and retail, distribution, and CPG are the most mature industries from an adoption standpoint and together account for almost 45% of the market. Industries such as healthcare & life sciences and hi-tech & telecom showed high momentum caused by regulatory requirements and service providers’ increased focus on developing verticalized solutions beyond mature industries.
  • India continues to be the most preferred location for D&A delivery, given significant talent availability and low-cost advantage. Beyond the tier-1 cities, service providers have started to leverage tier-2/3 cities to further enhance their talent pool and manage costs.


***Download the complimentary report abstract.***

About Everest Group

Everest Group is a consulting and research firm focused on strategic IT, business services, engineering services, and sourcing. We are trusted advisors to senior executives of leading enterprises, providers, and investors. Our firm helps clients improve operational and financial performance through a hands-on process that supports them in making well-informed decisions that deliver high-impact results and achieve sustained value. Our insight and guidance empowers clients to improve organizational efficiency, effectiveness, agility and responsiveness. What sets Everest Group apart is the integration of deep sourcing knowledge, problem-solving skills and original research. Details and in-depth content are available at http://www.everestgrp.com

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