Phil Fersht
CEO and Chief Analyst

Phil Fersht is widely recognized as the world’s leading industry analyst focused on the reinvention of business operations due to technological innovations and the globalization of talent.

He identifies change agents enabling organizations to streamline digital operations, access rapid and critical data to base decisions, and exploit the increasingly available global talent base. He coined the term Generative Enterprise™ in 2023 to articulate the pursuit of AI technologies based on large language models (LLMs) and ChatGPT to reap huge business benefits to organizations in terms of continuously generating new ideas, redefining how work gets done, and disrupting business models steeped in decades of antiquated processes and technology.

With more than two decades of experience, he has a global reputation for calling out the big trends, being unafraid to share his honest views, and driving a narrative on the technology and business services industries that shape many leadership decisions. His reputation drove him to establish HFS Research in 2010. It has become a leading industry analyst and advisory firm and is the undisputed leader in IT business services and process technologies research.

In 2012, he authored the first analyst report on robotic process automation (RPA), introducing this topic to the industry. He is widely recognized as the pioneering analyst voice that created and inspired today’s RPA and process AI industry.

Fersht coined the term OneOffice™ in 2016 to describe HFS Research’s vision for future business operations amidst the impact of cloud, automation, AI, and disruptive digital business models. OneOffice is the foundation of the hybrid (virtual-physical) workforce, where automation and AI tools augment the employee’s digital capabilities, and the workplace becomes a plug-and-play, work-from-anywhere scenario. Silos between front, middle, and back offices are collapsed into a single office, where all employees are empowered and motivated by common outcomes and common values. In 2022, he coined the term OneEcosystem™, which extends the principles of OneOffice beyond the walls of the enterprise, and collaboration and connections between organizations across the customer life cycle drive innovation.

Before founding HFS in 2010, Phil held various analyst roles for Gartner (AMR) and IDC and was BPO Marketplace leader for Deloitte Consulting across the United States. Over the past 20 years, Fersht has lived and worked in Europe, North America, and Asia, advising on hundreds of operations strategy, outsourcing, and global business services engagements.

He is also the author and creator of the most widely read and acclaimed blog in the global services industry, Horses for Sources, now entering its fourteenth year of publication. He regularly contributes to key media publications and is frequently a keynote speaker at major industry events, such as NASSCOM, ANDI, ABSL, Sourcing Interests Group, and HFS Research FORA Summits. He has been named Analyst of the Year on three occasions by the Institute of Industry Analyst Relations, which voted on 170 other leading IT industry analysts.

He received a Bachelor of Science, with Honors, in European Business and Technology from Coventry University, UK, and a Diplôme Universitaire de Technologie in Business and Technology from the University of Grenoble, France. He also has a diploma from the Market Research Society in the UK and is an expert in quantitative and qualitative research techniques. He also trains analysts on how to write in a succinct, high-impact style, applying his Five Rules of Writing, which differentiates the HFS analyst voice.

  • Without further ado, let’s dive back into our discussion with Genpact’s President and CEO Pramod Bhasin, who graciously abandoned his...Read More

  • As Healthcare payors face up to seismic change, can outsourcing provide answers?

    May 01, 2010 |

    Unlike medical product manufacturers and pharmaceutical companies’ industries, healthcare reform will absolutely transform the healthcare payor industry. Mandated medical loss ratios, state-run insurance exchanges, guaranteed coverage, and required purchase requirements will restructure the payor’s business models. The trickle-down impact on operations will be significant, shifting priorities in a manner that will eventually impact outsourcing priorities.Read More

  • Do you know how good or bad your processes are?

    May 01, 2010 |

    As I deconstruct the recording of our interview with Genpact's President and CEO Pramod Bhasin, one factor keeps springing out of the discussion, that makes me realize how far today's organizations have to go, before they can truly claim they are satisfied that they are maximizing their potential: Most companies can’t tell you how good or bad their business processes are. Read More

  • Preaching Process with Pramod: Genpact’s CEO discusses the New Relentless Economy, Part I

    April 28, 2010 |

    In order to help us grasp how the global provider community is reponding to this new relentless environment, we have engaged a number of CEOs of the leading providers to share with us their frank views of the changing world, how they survived the Recession, and how they intend to shape their business to support tomorrow's winners.To begin this series, we caught up with Genpact's President and CEO, Pramod Bhasin, and are delighted to feature some his thoughts from a very engaging discussion Read More

  • How do you really define innovation?

    April 26, 2010 |

    Ask six people what represents innovation and you will get half a dozen answers. Three people discussing innovation will consist of a couple of people talking about two different things while the eyes of the third glaze over. Innovation is a term that epitomizes the semantic differential. But regardless of how it is interpreted, it is a very important element for potential buyers of BPO services.Read More

  • Weekend stuff: The myth of “enterprise” social networking

    April 24, 2010 |

    So what is enterprise social networking? Well, it is collaboration within the enterprise and with selected external stakeholders. To me, this is not social networking given that if I use these tools, the people with whom I can interact and the content with which I can engage are restricted by the enterprise.Read More

  • Practical outsourcing tips over a pint: legal advice from George Kimball

    April 23, 2010 |

    George has become one of the best known lawyers in the industry over recent years, representing both buyers and service providers on some of the largest and most pivotal engagements during his tenure at law-firm Baker & McKenzie, before recently joining the legal team at Hewlett-Packard.Read More

  • President Peter prognosticates… Part II

    April 22, 2010 |

    Peter Allen, CSC's President of Global Sales & Marketing, discusses his views on Cloud Computing strategy and whether some sourcing advisors can escape the hamster-wheelRead More

  • Are you achieving innovation? Share your experiences with us (please)

    April 19, 2010 |

    you are cordially invited to spend the next few riveting minutes of your life plodding through our latest surveymonkey utopia to air your experiences of achieving (or not achieving) innovation when you do some BPORead More

  • President Peter prognosticates… Part I

    April 18, 2010 |

    Peter Allen has been one of the most prominent and consistent figures in the world of global sourcing over the last decade, where he played a key role as the public face of sourcing advisor TPI during the firm's rise to prominence in recent years. Peter has ventured into the service provider world, where he spent time earlier in his career, and now assumes the mightly role of President of Global Sales and Marketing for technology service giant, Computer Sciences Corp. Read Part I of this interview with Phil Fersht.Read More