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Reports from KPMG and the Recruitment and Employment Confederation (REC) show that the IT job market continues to outperform against the overall jobs market. The demand for staff in IT services has continued to rise in comparison to the difficulties facing the rest of the market. Chief executive of REC, Kevin Green, commented that; “niche [...]
Continue readingKPMG have released data that indicates organisations are continuing to expand the services they outsource. The use of ‘shared service centres’ continues to outpace the number of organisations who favour traditional outsourcing. Shared services were cited as the strongest area of growth by 52 percent of the respondents polled in the first quarter 2012 survey, [...]
Continue readingWorldwide IT outsourcing (ITO) revenue totalled $246.6 billion in 2011, a 7.8-per cent increase from 2010 revenue of $228.7 billion as India-based IT services providers and cloud-based services delivered the highest growth rates, according to a report by technology market research firm Gartner Inc. “Revenue cannibalisation resulting from client adoption of industrialised, and often cloud-based, [...]
Continue readingThe global IT industry is a multi-billion industry with thousands of companies employing millions of workers . Within the industry, one of the major subsectors that has experienced strong growth in the past few years has been the Business Process Outsourcing (BPO) sector. According to Wikipedia, BPO “involves the contracting of the operations and responsibilities [...]
Continue readingIT outsourcing company Computer Sciences Corp. said Thursday that it saw a fourth-quarter loss due to higher costs and lower revenue, and its shares slid 2 percent by early afternoon. CEO Mike Lawrie called the results “very poor” but said the company was beginning a turnaround. “This will be a multiyear journey, but we aim [...]
Continue readingWith the outsourcing industry continuing to experience 10 percent growth, the need for outsourcing professionals to stay up to date on the latest trends and standards is more pertinent than ever, fueling an increase in professional certification training programs. In response to the increased need and demand from individuals and companies employing outsourcing professionals globally, [...]
Continue readingWorldwide IT Outsourcing: Looking For New Places The world IT outsourcing services market includes a number of countries and regions which due to their specific conditions are attractive for starting such a business. In fact a certain geographic division of labor can be observed in this field. Throughout the history the division of labor was [...]
Continue readingThe workforce is one important factor in putting up a business. It is the sun of a plant that helps it grow into something one wants it to. An enterprise may have all the best materials and resources available, but without the packs that enable it to make outputs, nothing’s going to happen to those [...]
Continue readingThe offshoring of IT work to developing countries has been very popular with accountants looking to cut costs, but the limits are being reached of what jobs can conceivably be sent overseas. Research by The Hackett Group estimates that of the 8.2 million business service jobs available in the US and Europe in 2002, only [...]
Continue readingThe Outsourcing Institute (“OI”), one of the largest outsourcing networks in the world, has forged a critical relationship with Sourcers on The Street(TM), one of the most exclusive technology sourcing networks on Wall Street. OI will leverage its resources and expertise to support and grow the small yet powerful Sourcers on The Street(TM). Sourcers on [...]
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