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A report by Research and Markets predicts that the global professional services market will reach $8.5 A report by Research and Markets predicts that the global professional services market will reach $8.5 KPO generally requires higher-skilled professionals and involves more analytical and decision-making processes than BPO.
Cost Efficiency Lower Labor Costs: One of the most compelling reasons for outsourcing is the ability to tap into markets where professional labor costs are significantly lower than in home countries. By reducing these fixed costs, businesses can allocate resources more effectively towards growth and innovation initiatives.
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