London, 18 February 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Outsourcing Market in the APAC Region 2015-2019, which is expected to grow at a CAGR of 5.96 percent during the forecast period of 2014-2019.
“Many companies are trying to integrate their processes to reduce costs and improve productivity and innovation,” says Faisal Ghaus, Vice President of TechNavio.
“The bundling of ITO and BPO, termed as neo-sourcing, is an evolving outsourcing model offered by outsourcing service providers.”
Key Market Drivers
- Increased Need to Access Additional Expertise
- Increased Need for Cost Reduction
- Reduced Time-to-market
- Focus on Core Capabilities
- Moving Up Value Chain
Key Market Trends
- New Outsourcing Locations
- Cloud-based Outsourcing
- Sustainable Outsourcing
- Increased Use of Social Media
Key Market Vendors
- Accenture plc
- Capgemini S.A.
- Cognizant Technology Solutions (CTS)
- Computer Sciences Corp. (CSC)
- Fujitsu Ltd.
- Genpact
- Hewlett-Packard (HP) Co.
- International Business Machines (IBM) Corp.
- WNS
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
