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The next three years will witness dramatic upheaval in the business process outsourcing (BPO) industry.

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For a layman would, outsourcing seems a waste of time and money, and an unnecessary complication.

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While there’s been a lot of talk recently about fundamental upheavals in the global outsourcing industry, this year’s list of the top 8 outsourcing cities in the world remains the same as last year’s, according to a joint study by experts Tholons and Global Services.

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Some larger financial institutions are taking the opportunity to radically restructure outsourcing deals in the wake of the recession to release cash and shift the balance of financial risk towards the outsourcing provider.

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Time changes most things, but one thing that doesn’t change is people’s actions based on their fear of the unknown. That fear arises among employees when companies announce they are planning to implement an outsourcing arrangement.

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In the latest Tholons ranking indicating the top 50 emerging global outsourcing cities the Polish city of Krakow classified 2nd and Poland, as a country, ranked 10th.

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When things get tough, the survival instincts get expressed naturally. There has been some real competition in the recent times among business process outsourcing units.

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Business process outsourcing has become one of the successful tools for large business to remain competitive in 21st century.

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The current global economy is fraught with risk. It is an era of mergers, acquisitions and strategic corporate developments in a supply base that is struggling to survive.

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IT consulting has become increasingly popular among smaller businesses. But you need to do your homework before deciding whether or not your business should outsource its tech functions.

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