The second half of 2010 saw the professional services market starting to emerge from one of the worst recessions in decades. Organizations were just starting to hire, and all of the key indicators, such as annual revenues, bill rates, and backlogs, were trending up. Last year, Service Performance Insight, in their annual PS Maturity Benchmark Report, predicted accelerated growth in 2011, and advised services organizations how to position themselves to capitalize on the nascent economic recovery.
True to form—and despite natural disasters in Asia, revolution in the Middle East, impending economic meltdown in southern Europe, and a sluggish recovery in the US—the global professional services market did indeed experience strong growth in 2011. SPI Research’s 2012 Professional Services Benchmark Report shows most key performance indicators significantly up, but not quite back to pre-recession levels, indicating both strength in the market and room for additional growth. Continue reading





