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City businesses which embrace IT support in London can relieve themselves of responsibility for technology, it has been suggested.

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GlobalLogic was recently selected for recognition in the 2010 GS100 report as a top 100 global services provider and a top 10 outsourced product development partner.

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The global outsourcing market saw a 12% increase in transaction volumes with continued growth led by Business Process Outsourcing (BPO) services, BFSI sector deals contributing one-fifth of overall global market activity, and North America and Europe driving three-fourths of all global transactions.

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Apart from Central/Eastern Europe which is one of the world’s most tempting ITO spots, other European regions equally show positive tendencies and expand their ITO market.

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The World BPO/ITO Forum just concluded its third annual Summit in New York July 28th-29th.

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SoftServe, a leading global provider of proven high quality software development, testing and consulting services, announced that the company has once again been named to the exclusive 2010 Global Services 100 list.

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Most outsourcing analysts and consultants will tell you that the future of the traditional IT services industry is uncertain.

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In the next five years outsourcing as we know it will disappear. The legion of Indian service providers will be sidelined or absorbed. U.S. and European companies that pioneered this corner of the high tech industry will suffer similar fates if they don’t wake up.

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Companies using IT outsourcing in London should ensure they follow the 90/10 rule when trying to engage over social media, an expert has claimed.

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Luxoft, a leading global provider of advanced application and product development services, today announced the opening of its technical development centre in the UK.

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