“Procurement outsourcing is picking up pace. Everest Group recently reported that spend under management will stand at between $270bn to $275bn in 2014, an increase of 7% from 2013.” Read more.

 

“Impact sourcing is not just a nice thing to do; it also makes perfectly good business sense. Just ask Tata Consultancy Services (TCS), the India-based global business services organization that employs more than 300,000 IT consultants in 46 countries.” Read more.

 

Chirajeet Sengupta, vice president of management consulting company Everest Group, also sees integration work as a prime opportunity for solution providers. “For [an organization] to transform into a cloud-driven environment, there’s a lot of tinkering and pre-work that needs to be done. We estimate anything between 10% and 15% of the global systems integration market to comprise cloud-related opportunities, and that’s growing,” he said.” Read More.

 

“According to the Everest Group research report, the entire outsourcing market in the LATAM region is pegged at around US$700 to $800 million a year and growing.” Read More.

 

Peter Bendor-Samuel, CEO of Everest Group, an outsourcing research group and consultancy, said the impact of a 50/50 ratio restriction “would be significant” and would raise the cost of the employees by 10% to 15%. New visa restrictions “would cause a spike in competition for U.S. resident IT talent and a rise in cost,” he said, noting that it might push offshore outsourcing firms to buy companies with U.S. workforces.” Read More.

 
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