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Global Tech Outsourcing Expected to Grow 20% Annually over the Next Decade | In the News

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Technology outsourcing is expected to grow by around 20% annually over the next decade as companies across the world step up digital transformation initiatives and renew existing contracts with IT vendors, experts told ET.

As businesses seek to develop digital platforms to remain competitive, they require more investment each year, not less, said Peter Bendor-Samuel, CEO of analyst and advisory firm Everest Group.