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The first quarter of 2012 showed a slowdown in the value and number of outsourcing contracts awarded globally, according to the quarterly Global TPI Index, which tracks contracts valued at $25 million or more. Total contract value across functions was $18.7 billion, a decline of 22 percent from the same quarter a year ago and [...]
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CIOs in cash-strapped industries are bracing for a “counterintuitive” return to full IT outsourcing, despite the utility pricing promise of the cloud, according to Gartner. The analyst firm warned in an April 5 research note that “long-term, fixed-price, full-outsourcing” models had re-emerged in client discussions over the past year. Gartner said it had seen a [...]
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Gartner IT Key Metrics Data 2012 indicates the average annual IT outsourcing spend is 23% of total IT spending. Cost savings is typically one of the primary drivers for outsourcing, although often times too much focus on cost usually leads to dissatisfaction, because many savings are unsustainable, or are never truly achieved as market price [...]
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Expect outsourcing closer to home, increasing concerns about cloud computing security, and the convergence of social media as key outsourcing trends for 2012. Those are the predictions from the International Association of Outsourcing Professionals in their annual predictions report. The BRIC countries will among the winners this year, says the association, as continuing pressures and [...]
Continue reading Everest Group: Global Sourcing Market Dipped Slightly in 2011, Captive Activity Almost Doubled Previous Year
February 9, 2012 No Comment
The global sourcing market saw a marginal decrease in outsourcing transaction volumes in 2011 compared to 2010 due to decreased transactions in the second half of the year, according to Everest Group, an advisory and research firm on global services. After a strong start, transaction volumes dropped in the second half of the year including [...]
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A survey of insurance industry CIOs on the level of IT outsourcing shows 85 percent currently are using outsourcing firms for some elements of their operation, according to a new report by the research and advisory firm Novarica. Between 25 and 35 percent of those surveyed also reported plans to increase their level of outsourcing [...]
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Outsourcing is set to continue its decade-long decline in deal size, according to an analysis of last year’s activity despite the numbers of mega deals and mid-range contracts remaining relatively stable since 2002 Those valued at $100 million (£63 million) or less have more than tripled, according quarterly data from outsourcing consultancy Information Services Group [...]
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This year, more companies will explore outsourcing their supply chain and logistics requirements, according to a new report. The forecast, from logistics software company Freightgate, argues that increasing demand for better collaborative business processes, rate management and logistics procurement with greater execution capabilities is beyond the knowledge base, response time and budgets of most in-house [...]
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A mixed global economic outlook, high levels of volatility, weak consumer demand, and ongoing corporate uncertainty continue to impact outsourcing demand and consulting growth, according to the KPMG 4Q11 Sourcing Advisory Pulse Survey of KPMG field advisors and leading global business and IT service providers. The study also found that organizations engaged in outsourcing are [...]
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The number of global IT outsourcing deals agreed in the fourth quarter of 2011 grew by three per cent on same period the previous year. According to the latest fourth quarter Global Sourcing Market Data and Insights report, some $95 billion (approx £60.95 billion) was spent on outsourcing IT operations making it the highest level [...]
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