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Destination Europe Nearshoring Continues to Drive Demand

In the post recession phase, when low cost countries like India, China and Philippines remain the most attractive destinations on the global outsourcing map, Europe, at the other end of the spectrum, is also capturing good amount of attention. Although costlier, numerous other factors are driving demand to Europe. Experts are of the opinion that [...]

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Not the Usual Suspects: HfS names its 2011 Offshore Challengers

HfS Research Director Brian Robinson knows what it’s like to be a small fish in a big pond – he’s about 5’6″ and living in a tiny studio in the middle of Rome.

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Gartner Announces Outsourcing and IT Services Summit 2011

Gartner Outsourcing & IT Services Summit is the must-attend event for outsourcing professionals. The Summit will be held from 26-27 September 2011, at the Park Plaza Westminster Bridge hotel, London.

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Businesses spending 13 per cent more on outsourcing than a year ago

IT and business process outsourcing is shaking off the recession, according to the latest data from TPI, the outsourcing consultant.

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Why IT outsourcing deals are getting smaller

The total contract value of outsourcing agreements signed during the first half of 2011 dropped roughly 20 percent compared to the same period last year, according to outsourcing consultancy TPI.

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The past years, offshoring and nearshoring have become widespread among Western companies. This industry is predicted to grow substantially bigger than it already is.

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Spending on new outsourcing deals in Europe rose during the second quarter of 2011 in contrast to a global decline in outsourcing spend, research has found.

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According to TPI, outsourcing marked contracted by 18% to US US$16.4 billion in the second quarter, which is 21% lower than in Q1.The main reason – drop in the number of large contracts.

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Mixed results have shown that offshore IT outsourcing — all the rage for the past decade — has over-promised and under-delivered.

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The importance of outsourcing may be seen as a way of creating sustainability, which has taken a top priority in the corporate agenda.

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