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Research conducted by Equaterra shows that there is a growing interest in business outsourcing services.

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The IT services market will be one of the few market segments that will not slow down growth in 2009, experts of the multinational IT services network – Computer Troubleshooters predict.

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Since beginning of October the world started changing, everywhere – newspapers, radio, TV, Internet – you hear and see these words “Global Financial Crisis”. Some experts call it a financial collapse. The main problem for all companies is how to reduce expenses with minimum losses for their business. The aim of our article is to [...]

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The advent of the global financial crisis has resulted in the emergence of outsourcing as a strategic solution for multinational companies.

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TEAM International reviews the findings of the most recent surveys on the impact of the world economic crisis on IT offshore outsourcing and shares expert opinions on how companies impacted by the meltdown can benefit from using offshore transactions.

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Experts consider that increasingly more companies might resort to outsourcing with a view to trimming their operation costs. According to estimations by management consultancy firm A.T. Kearney, in the short run, the revenues of the players on the local outsourcing market will go down as an effect of the international financial crisis, but they will bounce back in the second half of 2009.

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IT companies in Romania might face serious defaults because of the financial crisis, mainly the small outsourcing companies, as well as those depending upon a reduced number of clients, said Radu Georgescu, chairman of Gecad group.

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The global financial crisis may be leading to doomsday scenarios being painted, but the actual impact will be minimal says Sunil Mehta, country manager of Quint.

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TEAM International shares expert opinions of how IT offshore outsourcing services providers should act within the current world’s financial crisis to suffer as little as possible.

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The slowdown of the US economy, convergence of market models for infrastructure outsourcing, and Indian suppliers move up the ADM value chain are likely to have the most profound effects on merger and acquisition activity in the IT outsourcing (ITO) sector, according to the Everest Research Institute.

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