Research and Markets (http://www.researchandmarkets.com/research/wk7wxg/global_it)
has announced the addition of the "Global
IT Outsourcing Market 2014-2018" report to their offering.
The Global IT Outsourcing market to grow at a CAGR of 5.71 percent over
the period 2013-2018.
IT outsourcing is the process of subcontracting the IT functions of an
organization to a third-party vendor that has expertise in the required
domains. IT outsourcing can be used as an effective strategy to build a
high-performance IT organization. It helps client firms to increase
their operational efficiency, concentrate on their core competencies,
reduce time-to-market, obtain access to fresh talent and experience
along with the latest technologies, and build an economical cost
structure n the long run.
The emergence of cloud-based outsourcing is a rising trend in the
market. Several clients adopt this technology to get instant access to
applications they need without having to wait for installation. Some of
the advantages offered by cloud-based outsourcing are cost reduction,
reliability, scalability, and agility.
According to the report, a considerable reduction in operational costs
and time is one of the main drivers in the market as clients do not need
to invest in the acquisition of resources or worry about handling
limited available resources.
Further, the report states that the future of the Global IT Outsourcing
market is predominantly curtailed by the rising attrition rates.
Outsourcing jobs are taken up on a temporary, or part-time basis, and
turnover rates are very high.
Key Questions Answered in this Report
The Global IT Outsourcing market can be segmented into two:
For more information visit http://www.researchandmarkets.com/research/wk7wxg/global_it
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