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What are the Strategic Advantages of IT Outsourcing?

Magellan Solutions

Discovering the secrets of success lies in understanding the game-changing advantages of information technology (IT) outsourcing. Outsourcing IT operations boosts growth and cuts organizational costs by emphasizing the strategic benefits. This article explores the advantages of IT outsourcing in various dimensions. Did you know?

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Banking, Financial Services & Insurance Outsourcing to Hit $277B

SourceFit

The global banking, financial services and insurance (BFSI) outsourcing market is expected to be worth more than $277 billion by 2020, according to a recent report released by Technavio. North America, led by the United States, was one of the biggest consumers of outsourced services in 2015. Reference: – [link].

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Pharma R&D Turn to Lean Business Process Outsourcing Models

SourceFit

As pharma companies increase their use of outsourcing in 2015 to reduce costs and improve quality, they are turning to “lean” business process outsourcing models. Avoca Group senior consultant Denise Calaprice-Whitty said that many companies are opting for lean outsourcing in 2015 to reduce costs.

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Top 21 Call Center Countries Voted By Business Scalability (Cost-Savings & The Ability To Bring Results)

Magellan Solutions

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.

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Global Data Analytics Outsourcing to Reach $5.9B by 2020

SourceFit

The global data analytics outsourcing market is expected to grow at a compound annual growth rate (CAGR) of 29.1 Companies are outsourcing analytics to third parties to make informed business decisions, reduce costs, mitigate risks and improve customer service. . percent CAGR ) from 2015 to 2020. .

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Top Outsourcing Destinations in the World

Magellan Solutions

For instance, when Ford Motor Company car market share was reduced to 10%, they exhausted all methodologies and realized that outsourcing can help them bounce back. While anyone can hire outsource services, it’s a challenge to find a reliable and proven BPO company as everyone claims to be ‘the best’ or ‘the top’. .