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.

  • Sumit Sachdeva, Head of Cognizant's Healthcare BPO Practice, atop Mount Pilatus in the Swiss Alps Healthcare has been on everyone’s...Read More

  • Phil and Esteban—Desperately Seeking Innovation

    November 05, 2010 |

    What are you desperately seeking? Rosanna was Desperately Seeking Susan. Phil and Esteban? If you know them like we do, you know they're Desperately Seeking Innovation. Read More

  • Service Integration: Guy Fawkes fireworks or damp squib?

    November 05, 2010 |

    As HfS Research's Euan Davis readies for his annual trip to a bonfire, he muses on fireworks--municipal ones and the type he expected at a session about service integration last night, at PA Consulting Group’s SSON networking eveningRead More

  • Benchmarker Beware!

    November 08, 2010 |

    Benchmarking is a misused and misunderstood tool in outsourcing. Almost everybody’s contract has a provision for benchmarking, and in almost all cases is drives the wrong behavior for both partiesRead More

  • HfS Research aligns with the stars with Ray Wang

    November 09, 2010 |

    Today, Ray announced the launch of a very exciting new research venture entitled Constellation Research, which comprises a collection of really smart and remarkable individuals and friends who are - quite literally - changing the way market research and insight is being served up to the technology buyer. HfS Research is delighted to be the alliance partner of IT sourcing and BPO research to Constellation's buy-side community, where we'll be cross-pollinating some research with each other and coollaborating to help educate the sourcing buyer make better decisions.Read More

  • Mahindra Satyam eyes big comeback

    November 10, 2010 |

    While the rest of the outsourcing world has been carrying on through challenging times, the most challenged of its citizens, Mahindra Satyam, has been quietly rebuilding a global business under the charismatic and candid leadership of Atul Kunwar.Read More

  • Outsourcing – death by boredom?

    October 30, 2010 |

    TELL US SOMETHING WE DON'T KNOW! JESUS - THIS IS THE SAME FLUFF WE WERE BEING SERVED UP TEN YEARS AGO.Read More

  • HfS Research will be talking Cloud-sourcing in London this November

    October 28, 2010 |

    You'll have a chance to see HfS Research's European research lead, Euan Davis, up close on November 18 at the IIAR London Forum in Central London from 3:45 – 6:30 pm. The session isubbed the "Cloud," and Euan will be giving the HfS Research view of the Cloud, based on brand-spanking new data our joint study with the London School of Economics, which covered the views and intentions of 1043 companies.Read More

  • Up in the air with Ritesh Idnani… Part III

    October 26, 2010 |

    In the final chapter of our interview with Infosys COO Ritesh Indnani, he elaborates on communication and interaction, and how our industry can rapidly improve collaboration through social media.Read More

  • Up in the air with Ritesh Idnani… Part II

    October 14, 2010 |

    In Part II, Ritesh explains the changes in the BPO industry from his perspective - especially the inherent need for providers to align their BPO service offerings with an industry-verticalized approach. Read More