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There is no doubt that BPO has developed as a new buzz today. It is relatively a new concept following economical and strong business fundamentals.

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Q4-2009 saw continued indications of recovery in the outsourcing and offshoring industry, leading speculators to believe this past tumultuous year is far behind us.

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The article discusses on the functions performed by BPO in order to attain customer satisfaction.

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Leaders from Family Dollar Stores, Luxoft and NASSCOM today were inducted into the IAOP Outsourcing Hall of Fame for their contributions to the industry and society.

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Now in its 7th year, IOF 2010 will provide an ideal opportunity for senior executives charged with outsourcing responsibilities to meet with major outsourcing supplier organisations and IPAs from all over the world.

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Continuing the momentum generated at the highly successful Shared Services Week this past May in Budapest, the 2010 Shared Services & Outsourcing Summit promises to help you turn your Centre of Excellence into a cost-cutting machine for your organisation-at-large.

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BPO Provider, are you confident of renewal? Any risks of fines? Are your contracts’ margins sufficient?

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Marc Tanowitz, principal of outsourcing consultancy Pace Harmon, calls “active obligations”-provisions to be completed post contract-execution that require periodic review or that may vary over time. Many of them can have a significant impact on performance and cost if neglected.

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The reports recently released by TPI and PricewaterhouseCoopers looking at the ongoing growth in demand for outsourced services, and the shift in the geographical source of that demand, demonstrate yet again the invaluable role played by outsourcing in the development of the global business landscape.

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Though application development is the single largest category in outsourcing, data center operations, help desk, disaster recovery, Website and e-commerce systems and desktop support have gained significant ground.

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