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January 8th, 2008

Outsourcing to grow 8.1% in 2008

Posted by site admin @ 12:14 pm

Categories: Outsourcing

Tags: Outsourcing, Business Process Outsourcing (BPO), It Services, It Operations, Business Operations, Outsourcing & Subcontracting, site admin

The global outsourcing market continues to grow at a steady pace, with a forecast growth rate of 8.1% in 2008. Publicly reported IT outsourcing (ITO) and business process outsourcing (BPO) contract values decreased overall by 50% in 2007, Gartner reports. Indian providers are growing approximately 40% annually in the US and 60% annually in Europe.

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