
For some years, credit has been growing faster than economic activity. In 1980, debt levels for US banks were running at 21 per cent of gross domestic product (GDP).
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A new Gartner report says 76 percent of outsourcing contracts announced in 2008 were new deals, reports Network World.
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Discretionary IT projects are getting the ax as companies review costs, hurting sales and growth for outsourcing providers.
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The latest deal between 4uGroup and Tata Consultancy Services shows IT outsourcing remains big business, according to an expert.
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IT Outsourcing in Central and Eastern Europe 2009 is a comprehensive resource that describes and analyses the IT outsourcing market in the CEE countries.
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The outsourcing market is allowing companies to lower costs and improve efficiency and services, thus allowing them to focus more on strategic planning and core competencies.
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During the last economic downturn after the dot-com implosion, an increasing number of organizations shifted IT work to outsourcing providers, many of them overseas.
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Service providers present a special challenge to organizations involved with complex IT projects.
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During this global economic crisis more and more companies are considering to cut costs and increase technology expertise at the same time. From that perspective outsourcing is seen as liveable way to cut the costs.
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If technology is so critical to the success of the company, then why is it being outsourced to different parts of the planet? These suggested strategies can prove that there is more to outsourcing beyond cutting costs.
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