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News » HFS Research, HEX Advisory Group announce strategic alliance

HFS Research, HEX Advisory Group announce strategic alliance

HFS Research HEX alliance
Photo from HFS Research

NEW YORK, UNITED STATES — Research and analysis firm HFS Research (HFS) formed a strategic alliance with HEX Advisory Group, a leading provider of global IT-BPS advisory intelligence. 

This partnership aims to deliver unparalleled advisory services and contract price benchmarking, setting a new standard for excellence in the industry.

Integration of HEX Index into HFS offerings

One of the highlights of this collaboration is the integration of the HEX Index into HFS’s service offerings. The HEX Index is recognized as the most authoritative benchmarking tool for global IT-BPS contracts, providing clients with benchmark metrics, contractual insights, and practical solutions curated by experienced practitioners.

By combining HFS’ extensive industry intelligence capabilities with HEX’s seasoned price benchmarkers and IT-BPO sourcing practitioners, clients will benefit from a comprehensive suite of services designed to address their most pressing challenges.

Balancing world-class research with precise strategic advisory

Sarthak Brahma, CEO and Managing Partner of HEX Advisory Group, emphasized the shared commitment to delivering precise and straightforward advice. 

“HFS and HEX share a common proclivity to deliver precise advice in a concise manner, with no sugar-coating. In doing so, we offer best-of-breed Research + Benchmarking + Sourcing Advisory services to our existing and new clients,” Brahma stated.

Echoing this sentiment, Phil Fersht, CEO and Chief Analyst at HFS Research, highlighted the partnership’s strategic importance. 

“It’s always been our goal at HFS to balance world-class research with strategic advisory capabilities for Global 2000 leaders, which is why we are so excited with our strategic alliance with HEX to deliver exceptional price and performance benchmarking based on actual IT-BPS contracts,” Fersht remarked.

This strategic alliance between HFS Research and HEX Advisory Group marks a significant milestone in the advisory and benchmarking domain, promising to deliver unmatched services that cater to the evolving needs of the global business community.

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