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August 11, 2006

R&D Outsourcing on the Move

Many companies are collaborating with outsourcing providers in a bid to get their products to market faster and cut costs on innovation. A recent study revealed that CIOs and IT directors are increasing relying on the global services market for their research and development. R&D outsourcing is giving companies a competitive advantage over their business rivals. Reduced R&D costs are a top driver for outsourcing. Lower cost is the largest benefit of offshore development. There is no doubt that global R&D is one of the most important benefits of outsourcing.

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