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SOFTWARE INDUSTRY NEWS |
Europe ahead of North America as Top Outsourcing Region : Report |
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Europe surpassed North America as the leading region in the world for outsourcing spending by Forbes Global 2000 (G2000) companies and is on track to end the year as the highest-spending region for the first time according to data for the first three quarters of 2009. This was revealed in a study by sourcing data and advisory firm TPI, a unit of Information Services Group, Inc.
The report said that while other markets are growing slowly but steadily, India, which ranks 13, and China, which ranks 21, have experienced a rapid rise in spending among their G2000 companies, with China's market growth appearing to lag India's by about two years. Both India and China were rated among the top 10 on the Sourcing Environment dimension. |
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