Veteran Industry Analyst Euan Davis joins Horses for Sources

Committed to Helping Enterprises Make Complex Global Outsourcing Decisions, Horses for Sources Is Expanding Its Team of Recognized Industry Analysts to Support Its Expanding Business

MIDDLETOWN, NJ--(Marketwire - September 2, 2010) - Horses for Sources (HfS), a leading analyst advisory firm covering business process outsourcing (BPO) and information technology outsourcing (ITO), announce a series of executive hires to support an expanding global remit. 

Euan Davis (pictured) joins HfS from Forrester Research where he most recently served as a Principal Analyst serving Forrester's sourcing and vendor management clients. Davis is a long serving and respected industry analyst covering IT services and sourcing related issues in Europe. He began his distinguished 14 year analyst career with IDC, and also spearheaded Yankee Group's European IT services practice, before joining Forrester Research in 2005. 

He has advised many enterprise leaders on their IT services sourcing strategies and BPO decision processes over many years. At HfS, he will assume the role of Research Vice President, IT Services and Sourcing, fulfilling a global analyst role for HfS in addition to helping the firm develop its European research practice.

Phil Fersht, Founder and CEO of HfS, will continue to direct the firm's global research agenda and analyst team with Davis adding depth to its sourcing coverage in key European markets. "Having known Euan both personally and professionally all his career, I am delighted to have Euan fulfill such a pivotal role in our growing analyst team. At HfS we are determined to hire the best thinkers and researchers in the industry, and Euan joining HfS is testament to that strategy."

Commenting on his move, Euan Davis added, "I am delighted to be joining Phil and the team at HfS. HfS breaks new ground with a compelling network, strong market presence and a collaborative approach to research that's difficult to beat. Now is the time to take this model to Europe. For an analyst, having such rapid access to critical decision-makers marks HfS as a leader among research firms in the digital age."

Six months to the day when HfS was launched, the firm now boasts 33,000 subscribers to its blog and website and ten analysts spread around the globe. Expect more announcements on executive hires shortly.

About Horses for Sources

Horses for Sources (HfS) is the foremost advisory analyst firm and social networking community, focused on helping enterprises make complex decisions with their business process and IT outsourcing strategies.

With 33,000 subscribers, HfS provides the most impactful and frequently-visited global collaborative community platform in the global services industry, providing rapid and insightful commentary, analysis and debate of enterprise outsourcing dynamics. The organization is unique in the fact that it integrates personable social networking with market research and advisory services.

HfS' mission is to provide a unique environment for collective research, opinion, experience and knowledge across the global outsourcing industry to help enterprises explore new performance thresholds. Led by industry expert Phil Fersht, the HfS team is a multi-disciplinary group of analysts across North America, Europe and Asia/Pacific regions, with deep domain knowledge in Business Process Outsourcing, Information Technology Services and Cloud Business Services. 

Launched in 2007, the HfS blog has more than 100,000 monthly visitors across the global outsourcing industry, and is widely recognized as the leading destination for collective insight, research and open debate of industry issues and developments. The HfS LinkedIn community is thriving with over 10,500 industry professionals sharing views and information daily. More information about Horses for Sources can be accessed at The company can be followed on Twitter at and LinkedIn by joining "The BPO and Offshoring Best Practices Forum group."

Euan Davis to join Horses for Sources as Research Vice President