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The global IT outsourcing market reached a substantial $92.5 One of the primary advantages of offshore outsourcing is its cost-effectiveness compared to onshore or nearshore models. billion in 2019, with industry projections indicating sustained growth in the coming years.
The major consumers of outsourced analytic services are the banking, financial services and insurance (BFSI) sector, accounting for about 33 percent of market revenue in 2014, followed by the healthcare industry. Much of the demand for outsourced analytics comes from North America and Western Europe. Reference: – [link].
TAKE NOTE: Check your expenses first if the service you availed is worthy and if it increases your business’ efficiency. . #4) Due to Navitaire’s negligence, an airline e-commerce outsourcing business, the reservation and distribution system for Virgin Australia crashed. 4) VIRGIN AUSTRALIA & NAVITAIRE. CASE STUDY .
With its promise of efficiency, flexibility, and improved productivity, just to name a few, it’s unsurprising why so many businesses all consider outsourcing to the top 10 call center countries in the world for their enterprise needs. current count of Business Process Outsourcing (BPO) companies. This Generation’s Population.
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