October 22, 2006
Surprising trends in Outsourcing
-- By Priya Venkatesh, Staff Writer
Are you aware of the current trend in outsourcing? Do you know the current scenario with respect to the number subcontracting deals this year? IDC has come up with an interesting report on Outsourcing very recently.
The study by IDC proclaims that the core changes in the trend in outsourcing include the huge number of competitors who have entered into the outsourcing market this year! It also reports that the TCV (Total Contract Value) of the top 100 deals have drastically reduced to $67.9 billion from last year’s 70.1 billion.
Crmbuyer articulates that the number of business deals have plunged dramatically while desktop subcontracting have shown an enormous growth. With the lump sum deals weaning and With the clients’ demands on the rise, the service providers strive hard to cater to the rising demands of the customers!
Read one of my previous post on 'Indian IT stocks creep incredible heights amidst tight competition' to know the trends of Indian IT stocks this year!
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