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Oct23
Study: more outsourcing contracts in 2nd quarter
Krissy October 23, 2007
Know More: Study & Survey 2.0, Study & Survey
Growth of outsourcing in Europe finds a center stage in UK. Organizations from UK are contributing 28 (=36%) of the 84 deals being materialized in the 2nd quarter of 2007. There may unconfirmed reports that US outsourcing was sluggish last quarter, but in Europe major outsourcing contracts during this time were valued at a total of €5.4bn (£3.8bn), which shows an gain of €1bn (£698m) over the same number of projects being materialized the same quarter previous year, according to analyst Forrester Research.Gartner-UK-Europe-outsourcing

Contracts with more than one service offerings have also increased. Compared to last year's 52%, this year 63% contracts included service bundles.

Infrastructure services are considered as one of the hottest areas and being featured in 45 per cent of the deals recorded by Forrester.

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« Infosys to expand in Europe, Middle East, Africa for Finacle | Main | Reverse outsourcing: Indian firms looking beyond home »

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