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The outsourcing industry by itself was worth $85 billion in 2018. To continue growing, however, it needs to evolve. And so, five areas are outsourced: Data Security Amazon’s automated assistant Alexa told over 100 million jokes in 2018. With consumers continuing to invest in “smart” products at record numbers, data security will continue to be [...]
Continue readingOn February 19, IAOP® unveiled the Best of The Global Outsourcing 100 to mark the organizations’ tenth anniversary. “On behalf of IAOP and its membership, congratulations to your organization for its inclusion in this year’s Best of The Global Outsourcing 100, a culmination (and celebration!) of the very best of the best from the last [...]
Continue readingOutsourcing was first used by manufacturing companies about 50 years ago and has been spreading across the world and the industries ever since. While the major reason for outsourcing has always been lower costs, is it now increasingly used as a strategic tool necessary to gain a competitive advantage. Notably, Michael F. Corbett, the author of a white paper released by the Economist, argues that, “Outsourcing is no longer just [...]
Continue readingThe demand for contract IT talent will increase as more businesses take advantage of outsourcing instead of hiring specialists in-house. Here’s few of the future IT outsourcing trends that you can watch in 2019. As the gig economy grows, more and more businesses will look to hire independent contractors for their IT and software development [...]
Continue readingN-iX, an Eastern European provider of software development services, announced that it was shortlisted as a finalist in 4 categories of GSA UK Awards 2018 by Global Sourcing Association. For 15 years in a row, GSA UK Awards recognizes companies that demonstrate best practice in outsourcing. N-iX named Finalist in the following categories: Telecommunications Project [...]
Continue readingIn 2017, outsourcing contributed 4.8% to Bulgaria’s GDP, or EUR 2.1 bln. This is identified by the data in the Annual Report of the Bulgarian Outsourcing Association (BOA) for the development of the outsourcing industry in the country. The industry is growing substantially faster than the national economy in 2017. Last year, outsourcing contributed 4.8% [...]
Continue readingAbout 1.5 percent of the active population in Romania is working in outsourcing, according to Business Service Leaders in Romania (ABSL) data, a total of 125,000 employees that generates an income of EUR 4 billion. The data is comprised in the annual report that ABSL published at the annual conference “Romania at the Forefront of [...]
Continue readingMore and more online business owners see outsourcing as their advantage in the business “game,” and it must be considered as organizations develop competitive techniques. The benefits of outsourcing to freelancers are substantial and real. As online business owners around the world recognize, outsourcing has become an essential change mechanism for their business success. In [...]
Continue readingBusiness divisions are bypassing the IT department, making their own decisions to buy cloud-based application services or use mobile devices, raising the specter of so-called “shadow IT” that’s outside the knowledge or control of the CIO and the IT staff. “The data is suddenly not in the organization anymore,” says Chris Curran, principal for technology [...]
Continue readingThe pace of outsourcing either offshore or near shore is in the beginning of what seems to be a transition mode. By this I am referring to Innovation requirement on the vendor’s part. More and more outsourcing clients are demanding some type of innovation from vendors and it will be pro active if vendors are [...]
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