Thursday, June 03, 2010

Demand for Global Outsourcing Market Expands

moodboard/Thinkstock
Competition will increase -- a global race for market share. Growth in legal services outsourcing anticipated to be strong (especially in India) -- according to Duke University's Offshoring Research Network and PricewaterhouseCoopers survey.

Other survey findings:
  • 70 per cent of outsourcing deals in 2008 were renewed at the expiration of the first contract, down from 72 per cent in 2007.
  • Unrealistic client expectations and the lack of a client outsourcing strategy were the top reasons for contract terminations.
  • "Near-shoring" has gained momentum among companies using or considering outsourcing services.
Read more here.

Posted by: The Global Small Business Blog

3 comments:

Emily Ralph said...

Must say nice insights. Thanks for the post.

Small Business Outsourcing said...

Great post, really very helpful and informative.

Outsource Call Center said...

Nice post! Outsourcing the lead process increases the company’s sales and revenues while cost is reduced. Thanks for sharing.

Outsource Call Center