BPO Market Faces a Resounding Success in Europe

The IT market in Europe is in a slump even as the BPO industry is emerging as the economic leader. Over a period of five years, 2013 saw the lowest number of ITO contracts signed. The total number of BPO contracts signed rose conversely by nearly 35 percent when compared to the number signed in […]

Outsourcing in 2013: Challenges for Euro zone

Business and economy have weathered a stormy past year, which means that the oncoming 2013 has a lot of hope pinned to it. The critical need for both sides of business, outsourcers and service providers, is to gear up enough to make sound decisions for the year ahead. Here are a few of the forecasts […]

Bulgaria establishes Outsourcing Association

Nov 28, 2012: Bulgaria is a fast emerging BPO destination in Europe. The country is currently ranked 17th in the list of promising BPO destinations in the world. The country officially established an Outsourcing Association to encourage investors and global firms to set up BPO centers in Bulgaria. Mr. Stefan Bumov, Chair of the Association […]

How offshoring enhances innovation at home

March 23, 2012: Records pertaining to outsourcing activities in the US and Europe indicate that there has been an increase in spending the areas of technology and investment in offshore locations. The reason for offshoring is not just adapting the products to the local market, but also to develop revolutionary technology. There is a general […]

The two ‘E’ impact on IT hiring: Eurozone and Economic slowdown

January 13, 2012: The global slowdown, the credit crunch in the Europe, and the crisis in the corporate sector has made a negative impact on the recruitment activities in the Information Technology enabled services (ITeS), Business Process Outsourcing (BPO), media and entertainment segments. This segment has witnessed its first negative year-on-year growth. Monthly studies performed […]

IT-BPO Outsourcing in Europe: Key factors and 4 emerging countries

November 8, 2011: It is certain that European countries cannot compete with offshore locations such as India and Philippines in terms of cost advantages. But as far as high end technology and innovations are concerned, Europe has become a favorable outsourcing location. There are many significant factors that make Europe a favorite destination for outsourcing. […]