The Outsourcing trend changes as the market undergoes a non-stop innovation. With its gradual change, the economy is the next big success that is waiting to happen. On the coming years, the industry is expect to give rise to the trends discussed below:
More issues for Cloud system
It is clear that more and more companies will integrate Cloud into their IT infrastructure as they dive in to the outsourcing trend. The problem is: as the implementation of cloud-based solutions rise, its security and data protection structure will be harder to comply.
More Mergers on the lose
To be more specific, technology service providers. It going to be harder for these vendors to establish their market since its gets harder for consumers to decide what outsourcing strategy they would take. With its non stop evolution, it gets hard to tell which will work and which won’t.
Boost the profile of less established nations
Before, it was India then came the Philippines. Companies will surely look into outsourcing beyond the traditional destination for their tasks to be done. Yes, the countries that are mentioned above possess the resources and the talented population for that to happen. But as it gets more trending more and more underdeveloped countries are gearing up to become a major player in this Industry. For one, Brazil has been building up their resources and aiming to be the next big thing in the outsourcing industry, especially in Latin America.
Short term deals becomes more rampant
For some time, most customers would resort to short term deals; mitigating the risk of being locked in for a period of time is the name of the game. Many customers prefer this kind of agreement to enable them to adapt immediately to the changing trend in the outsourcing market. The major fall back of this though is the lesser chance to achieve innovation.
Data Protection gets tougher
Some countries will be implementing a stricter law in data protection and privacy. Europe for one will be changing its laws around the subject and will be imposing a bigger fine for data breach issues. Service providers will also be required for the first time to implement a higher security standards and protocol.
An Infamous Market opens up some more: Legal Process Outsourcing
All these years Business Process Outsourcing and Information Process Outsourcing has been the key players in the Outsourcing business. Legal Process Outsourcing (LPO) to date is very much likely go up a notch or more. Law firms in some patron countries have been exploring the possibility of outsourcing their legal functions offshore. Among the countries that are eyed on as the destination for LPO are South Africa and India.
http://bestoffshoreoutsourcing.wordpress.com/2012/02/15/effect-of-outsourcing-to-the-global-markets-norms/
More issues for Cloud system
It is clear that more and more companies will integrate Cloud into their IT infrastructure as they dive in to the outsourcing trend. The problem is: as the implementation of cloud-based solutions rise, its security and data protection structure will be harder to comply.
More Mergers on the lose
To be more specific, technology service providers. It going to be harder for these vendors to establish their market since its gets harder for consumers to decide what outsourcing strategy they would take. With its non stop evolution, it gets hard to tell which will work and which won’t.
Boost the profile of less established nations
Before, it was India then came the Philippines. Companies will surely look into outsourcing beyond the traditional destination for their tasks to be done. Yes, the countries that are mentioned above possess the resources and the talented population for that to happen. But as it gets more trending more and more underdeveloped countries are gearing up to become a major player in this Industry. For one, Brazil has been building up their resources and aiming to be the next big thing in the outsourcing industry, especially in Latin America.
Short term deals becomes more rampant
For some time, most customers would resort to short term deals; mitigating the risk of being locked in for a period of time is the name of the game. Many customers prefer this kind of agreement to enable them to adapt immediately to the changing trend in the outsourcing market. The major fall back of this though is the lesser chance to achieve innovation.
Data Protection gets tougher
Some countries will be implementing a stricter law in data protection and privacy. Europe for one will be changing its laws around the subject and will be imposing a bigger fine for data breach issues. Service providers will also be required for the first time to implement a higher security standards and protocol.
An Infamous Market opens up some more: Legal Process Outsourcing
All these years Business Process Outsourcing and Information Process Outsourcing has been the key players in the Outsourcing business. Legal Process Outsourcing (LPO) to date is very much likely go up a notch or more. Law firms in some patron countries have been exploring the possibility of outsourcing their legal functions offshore. Among the countries that are eyed on as the destination for LPO are South Africa and India.
http://bestoffshoreoutsourcing.wordpress.com/2012/02/15/effect-of-outsourcing-to-the-global-markets-norms/
