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Dallas – In the medium-to-long term, the sub-prime crisis will accelerate global sourcing adoption as financial institutions push the envelope on offshoring to cut costs, according to Dallas-based Everest Research Institute.

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The IT market in Bosnia and Herzegovina totaled $187.38 million in 2007, representing year-on-year growth of 13.4% in U.S. dollars, according to a recent study by research company IDC.

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For outsourcers the outlook is quite grim as some of its customers, like Lehman Brothers, are no longer around, said a partner at one firm.

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Nearshore and offshore activities are nothing new for Europe, according to Dana Stiffer, research director, Services and Outsourcing, AMR Research.

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The emergence of Information Technology Outsourcing (ITO) in the 1980s and Business Process Outsourcing (BPO) in the 1990s saw U.S.-based firms strike a slew of mega deals.

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Small and medium businesses (SMBs, or companies with up to 999 employees) in Russia and Poland are on track to spend about US$10 billion on ICT (IT and telecom) in 2008, up some 15% over 2007.

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In the medium-to-long term, the sub-prime crisis will accelerate global sourcing adoption as financial institutions push the envelope on offshoring to cut costs, according to the Everest Research Institute.

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From the beginning of summer 2008 there has been a slew of bad news in US that caused ripple effects across the globe.

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New project starting in October 2008, CONSULTING HOURS for students and STU graduates regarding Career management.

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Private Limited Company „Baltic Software Solutions“ and international telecommunication company „Avaya“ have signed a partnership agreement. According to the agreement „Baltic Software Solution“ can take advantages of „Avaya‘s“ experience in IP telephony.

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