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TEAM International shares some of the findings of the latest Annual Outsourcing Survey conducted by Ernst & Young, a global leader in assurance, tax, transaction and advisory services.

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Having a cohesive IT strategy is essential for firms looking to outsource their software development, it has been claimed.

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TEAM International highlights the key forecasts of Gartner to the future increase in the global IT spending and new technologies that are likely to emerge in the IT business in the next years.

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Outsourcing has been a hot topic for many years and much has been written about its pros and cons. But what makes it successful?

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TEAM International shares expert opinions of how IT offshore outsourcing services providers should act within the current world’s financial crisis to suffer as little as possible.

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The slowdown of the US economy, convergence of market models for infrastructure outsourcing, and Indian suppliers move up the ADM value chain are likely to have the most profound effects on merger and acquisition activity in the IT outsourcing (ITO) sector, according to the Everest Research Institute.

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In 2006, small and medium-sized businesses accounted for just 7.8 percent of a $50 billion business process outsourcing market, according to Gartner.

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Skills & Careers

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JP Rangaswami, managing director of BT Design, says: “The company of tomorrow won’t be worrying about using Facebook. Instead, it will focus on becoming like Facebook. More and more, companies will resemble borderless social networks with low barriers to entry, where people congregate to transact business across a variety of business models.”

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Business process outsourcers are constantly being called upon to add value to their services, such as using the latest in voice recognition or analysis.

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As the global economic downturn becomes ever more turbulent and India-based legal process outsourcing providers report increasing workloads, many are predicting they will have to raise staff levels to see them through this era and beyond.

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