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New approaches to business management are emerging one after another, with globalization of target markets and operations, new business models and so on, resulting in a newly dynamic sourcing environment.

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The global outsourcing and offshoring market witnessed steady growth during Q1-2011 after significant activity during the second half of 2010.

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In the current economic scenario where financial services companies are reconsidering their cost base, BPO across industry-specific processes in banking, capital markets, and insurance is generating much interest.

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Building on the momentum gained in mid-2010, the global outsourcing and offshoring market continued on a growth trajectory with eight mega deals (contract value > US$1 billion) announced in Q4-2010.

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Security and compliance obligations require companies to closely monitor their partners and service providers for ongoing compliance.

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We are in the midst of a global outsourcing revolution. The current global economic crisis has once again confirmed that the world’s economy is inescapably and irreversibly integrated.

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IAOP predicts increased outsourcing acceptance politically, sourcing from all shores, a retail model to outsourcing emerging and companies outsourcing multiple functions with fewer vendors.

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‘CEE IT Outsourcing Review 2010′: Expert View

During 2009, the global economy struggled with a major financial crisis. The second half of the year was marked by signs of stability, and many companies turned to outsourcing business practices in order to reduce their expenses.

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The outsourcing and offshoring market continued to hold steady during Q3-2010 with transactions and captive activity, as well as service provider-related developments.

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September 24, 2010. The last days of September have already became traditionally recognizable as symbolical time for Ukrainian IT outsourcing industry. These days the first professional IT outsourcing company in Ukraine celebrates 21 anniversary of its foundation.

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