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According to the ‘CEE IT Outsourcing Review 2010’ average growth for IT Outsourcing Services Export Market reached 9%

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In 2009, the number of IT specialists employed in companies providing IT outsourcing and software development services in the CEE region reached 95,000.

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The general volume of IT outsourcing and custom software development services exported from the CEE region reached USD $4 billion in 2009.

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EquaTerra has longed preached the value of good outsourcing governance and service provider management to the success of business process and information technology outsourcing (ITO) efforts.

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Outsourcing, a conjecture initiated by Adam Smith in 1776 in his book “The Wealth of Nations”.

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“Nearshoring to Eastern Europe as solution to EU labor shortage”, is a study prepared by “Nearshoring Blog” to discuss the current issues of the EU largest economies associated with the lack of qualified hi-tech specialists as well as labor restrictions and multicultural issues that prevent countries from immigration of foreign work.

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For decades, the debate between choosing outsourcing over insourcing and vice versa has been standing without a clear answer. “Which of the two methods is the most suitable for an organization?” is still an unanswered question.

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Softengi, together with over three hundred other representatives of IT Outsourcing in Central and Eastern Europe, participated in the annual industry review, conducted by the Ukrainian Hi-Tech Initiative in association with the members of the Central and Eastern European Outsourcing Association (CEEOA).

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In these hard financial times, more and more organisations are looking at far-flung destinations such as India, China and the Philippines to take advantage of lower infrastructure costs along with lower wages.

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In a world where outsourcing is quickly evolving into a standard business practice, competitive advantage relies heavily on your outsourcing savvy.

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