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The Annual Asia Shared Service and Outsourcing Summit, which is an annual event for companies in China, is recognized as one of the most outstanding and influential gathering for shared service professionals in Asia.

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SoftServe, a leading global provider of proven high quality software development, testing and consulting, earlier announced that the company has been named to the 2010 Global Services 100, an exclusive outsourcing listing.

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The world of outsourcing is evolving as the industry matures, and there are currently some clear directions that companies wish to pursue when it comes to Business Process Outsourcing (BPO).

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At about EUR 17 billion, sales from IT outsourcing services will have increased by approximately EUR 4.5 billion in the DACH region in 2010 compared to 2005.

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Business process outsourcing, popularly known as BPO, is an outsourcing service/solution provider to the third-party concerning the operations and responsibilities for specific business functions.

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Auriga announces that it is named to the 2010 Global Services 100 list by Global Services in association with NeoAdvisory, the globalization and sourcing advisory firm.

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Luxoft, a leading global provider of advanced application and product development services, has been included among the top outsourcing vendors in the 2010 Global Services 100 list.

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According to the 2010 Global Services 100 list, Ukraine is 11th and Belarus is 13th among 20 leading countries in the area of IT Outsourcing and High Tech Services.

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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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