Jun 28, 2004
Hewitt and Exult merge
well folks Hewitt Associates and Exult merged to create the biggest HR outsourcing organization in the world.
The Hewitt story and Forrester says: "Given the breadth of services and scale, the deal puts real pressure on the HR specialists like Fidelity and Mellon HR, as well as the IT companies like IBM, HP, Accenture, and ACS to build out their capabilities -- most likely through acquisition. In parallel, the acquisition strengthens Hewitt's hand on the technology side to provide a standard platform for running HR processes. This accelerates a market shift away from custom technology integration solutions toward use of a standard platform as an enabler for BPO client's relationships."
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