Offshore Outsourcing Picking Up After Recession

Monday Jul 12th 2010 by Datamation.com Staff
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According to a research firm, most companies that currently outsource are planning to expand their use of outsourcing over the next two years.

CIO.com: According to Everest Research Institute, outsourcing activity is picking up as companies resume projects that were put on hold because of the recession. Among companies with up to 2,500 FTEs (full-time equivalents) offshore, 75 percent plan to add more than 500 new FTEs in the next two years. Among companies with more than 2,500 FTEs offshore currently, 90 percent plan to add more than 500 new FTEs in the same time period.

India remains the most popular location for offshoring, but China and the Philippines are growing in popularity.

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