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VXI - Digital CX Services
Vendor Analysis
published on May 21, 2018
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Report Overview:
This NelsonHall vendor assessment analyzes VXI's offerings and capabilities in Digital CX Services.
Who is this Report for:
NelsonHall’s Digital Customer Experience Services on VXI is a comprehensive assessment of VXI’s offerings and capabilities designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of CXS and identifying vendor suitability for CXS RFPs
- Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of VXI's digital customer experience services offerings and capabilities, and market and financial strengths, including:
- Identification of the company’s strategy, emphasis, and new developments
- Analysis of the company’s strengths, weaknesses, 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 sites.
Key Findings & Highlights:
VXI Global Solutions (VXI) is a private CX services provider, headquartered in Los Angeles. It was established in 1998 opening a call center in California. In December 2014 it acquired ITO and R&D technology development company Symbio. Symbio which is headquartered in Dallas, with centers in Silicon Valley, Finland, Sweden, China, and Taiwan provides application maintenance and testing, globalrelease and localization, software development, database, and infrastructure maintenance.
In 2016, PE Carlyle Group acquired 70% stake from Bain Capital for $630m. VXI is the largest portfolio company in Carlyle’s Asia Growth Fund in 2017.
VXI provides customer care, inbound and outbound sales, technical support, order processing and fulfillment, reservation, retention and loyalty management, back-office support and market research services. It has ~28k employees in 42 centers supporting 20 languages from the U.S., Guatemala and Jamaica, the Philippines and China, where it entered in 2001.
VXI has 50 clients in banking, financial services, and insurance, manufacturing and high-tech sector, retail and e-commerce, telecom and media, travel, transportation, and hospitality, and energy and utility sectors.