March 10, 2005
Europe Begins to Embrace Offshoring
While offshoring is nothing new for American companies, European countries are just starting to warm up to the idea. The successful results of TUI UK, Europe's largest travel group, may be changing the continents once-hesitant position however. After conducting successful pilots, TUI has signed a multi-million, multi-year deal with two software services vendors, Wipro and Sonata Software. Business Line Reports:
TUI UK gave outsourcing serious thought as it planned to transform itself by leveraging information technology. Cost was the key driver to outsource, Newman says, adding "the availability of expertise and high-end skill-sets in India, the delivery capabilities, made us offshore."
Read More: Breaking the ice...
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