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Britain’s outsourcing industry is now almost as big as the financial services sector, generating more than Ј200 billion a year, according to new research by Oxford economics released today.

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Demand for IT services has helped outsourcing become one of the highest grossing industries in the UK, research has shown.

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TPI today released data showing relative strength in the outsourcing market in Europe, the EMEA during the first quarter, primarily as a result of the recovery of BPO.

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The traditional outsourcing countries are still the most popular and most often used, the most cost-effective solutions come from a few Eastern European states such as Romania or Hungary.

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The CIO Leadership Event will focus on the expanding role of the CIO as a key business strategist in managing the impact of cloud-based and consumer technologies entering the enterprise.

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