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Firstsource - CX Services Transformation

Vendor Analysis

by Ivan Kotzev

published on Oct 22, 2025

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Report Overview:

This NelsonHall assessment analyzes Firstsource's offerings and capabilities in CX Services Transformation.

Who is this Report for:

NelsonHall’s CX Services Transformation 2025 profile on Firstsource is a comprehensive assessment of Firstsource’s offerings and capabilities, designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of CX Services and identifying vendor suitability for CX Services Transformation RFPs
  • Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
  • Financial analysts and investors specializing in the CX Services sector.

Scope of this Report:

The report provides a comprehensive and objective analysis of Firstsource’s CX Services offerings, capabilities, and market and financial strengths, including:

  • Identification of the company’s strategy, emphasis, and new developments
  • Analysis of the company’s strengths, challenges, and outlook
  • Revenue estimates
  • Analysis of the profile of the company’s customer base, including the company’s targeting strategy and examples of current contracts
  • Analysis of the company’s offerings and key service components
  • Analysis of the company’s delivery organization, including the location of delivery centers.

Key Findings & Highlights:

In 2025, Firstsource defined its ‘UnBPO’ strategy. The UnBPO model aims to be a foundational shift from traditional offshore outsourcing towards domain-specific, AI-first delivery hubs and AI CoEs, focusing on technology arbitrage instead of labor cost arbitrage. The model breaks processes down at the sub-task level and applies agentic AI selectively. Firstsource wants to position itself as an orchestrator and distributor within an evolving technology ecosystem by embedding vertical-market AI tools into its offerings.

Outsourcing clients looking for a CX services vendor with a strong AI-powered technology portfolio addressing CX sub-processes for BFS, healthcare, and telecom, strong revenue generation capability, and CX transformation projects with outcome-based contracting, should consider this profile on Firstsource.

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