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Hungary: IT Outsourcing Market Reports

CIOs who establish clear requirements, a well-defined sourcing strategy, internal alignment and structure in supplier selection and management processes should expect to receive big dividends in the business value delivered from outsourcing initiatives.

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Outsourcing is common – if you employ an outside company to clean your premises you’re already doing it.

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When outsourcing, remember that although the supplier takes responsibility for the process, you still need to actively manage the relationship.

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Bulgarian outsourcing companies will move ahead to more value added services in the medium term as the business matures and conditions improve, officials said.

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“About a year ago I hired a developer in India to do my job. I pay him $12,000 to do the job I get paid $67,000 for. He’s happy to have the work …

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The outsourcing industry has experienced considerable change during the past few years. At a global level, demand for outsourcing generally remains robust as new contracts are signed, and old ones renewed or renegotiated.

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Business process outsourcing (BPO) is the practice of using a third party, contracted to perform specific, specialized processes on a company’s behalf.

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It has its detractors, but in reality there is little evidence to suggest that the outsourcing market is doing anything other than booming.

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“When we were young kids growing up in America,” said Friedman, “we were told to eat our vegetables at dinner and not leave them. Mothers said, “think of the starving children in India and finish your dinner.” …

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