Although labor cost savings is a factor, companies -- particularly large, multi-national firms -- are outsourcing employee training to retain focus on strategy and achieve tangible business outcomes, according to a new Everest Research Institute study.
The Institute's study, Learning Services Outsourcing (LSO):Accelerating the Learning Curve, examines a "quietly" growing but strong market in which companies adopting LSO typically gain more than 15 percent direct cost savings and, in some cases, savings in excess of 30 percent. Even more significant, companies are using LSO to produce tangible business results, such as quicker time to market. The study includes analyses of the LSO market and key business drivers, buyer trends, transaction characteristics and buyer case studies. An analysis of the supplier landscape is also available.
