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Double-Dip Dynamics, Part I: 70% of Buyers are on the Fence with their Outsourcing Plans in the Current Climate
October 24, 2011 No Comment
While outsourcing clearly provides a vehicle to help under-pressure business leaders coerce some of the change they need to embrace in today’s uncertain economy, most do not view it as the only lever to pull to achieve their goals. The majority of today’s buyers are still trying to figure out what sourcing levers they have [...]
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More investment has been spent on IT outsourcing in the first nine months of this year than for the whole of 2010, a study shows. Spending on IT outsourcing among the retail, manufacturing, telecoms and media sectors in Europe, the Middle East and Africa has all soared as businesses aim to get a “low-risk route [...]
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The retail, manufacturing, telecoms and media sectors in Europe, the Middle East and Africa (Emea) have spent more on IT outsourcing during the first nine months of this year than in the whole of last year. Meanwhile, the financial services sector, which accounted for about a third of total spending last year, has slowed its [...]
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Outsourcing services are increasingly penetrating the business practices of a wide-range of companies. Transfer of non-core and IT activities on a long-term basis to independent contractors allows the business to focus on its core business activities. The development of global IT industry encourages growth of outsourcing to other countries where the particular services are well [...]
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The amount companies are due to spend on data centre hardware will reach $99 billion (£63 billion) by the end of the year, which could see additional capacity for handling IT outsourcing. New research published by Gartner has predicted that the market will expand by 12.7 per cent from 2010′s spending levels and reach $126.2 [...]
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The outsourcing industry may be hard-pressed in adding 80,000 to 100,000 new jobs every year due to what is now described is the acute problem of declining trained manpower. But despite this, the country’s information technology and business process outsourcing (IT-BPO) industry remains optimistic of hitting double-digit growth in revenues this year. “80,000 is a [...]
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Offshoring has become so engrained in IT processes that 65% of businesses now do it for some aspect of their business, according to an annual survey of IT budgets and technology trends by the Society of Information Management (SIM). This survey, which is based on data collected from CIOs and senior IT leaders at 275 [...]
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Service providers saw promise in 2010 as organizations outsourced more IT work than in 2009, but 2011 isn’t looking as good, according to Computer Economics. The company conducted a study of organizations—banks and insurers included—that outsource IT work and found that the percentage of their total IT spending going to service providers rose from 6.1 [...]
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The imminent economic slowdown that is being predicted may seem like the world economies will once again go into a tailspin. There is only way to survive the financial holocaust – outsourcing. It helps organizations to save costs, increase performance and productivity, and retain a competitive edge in the market. There is no reason to [...]
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Growth is back on the agenda for IT outsourcing (ITO) providers, according to a survey by IT research and advisory firm Gartner Inc. Sixty-two per cent of respondents identified growth as the top strategic goal this year, with aggressive marketing plans and investments in cloud, utility and ‘as a service’ offerings, it said in a [...]
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