BPO To Continue To Boom Despite Setbacks
Filed in archive Outsourcing News by Danny on April 26, 2005
Outsourcing recently came under fire when Citibank accounts were stolen from through an Indian offshore unit. Karamouzis said that local police have caught those involved in the robbery. She added, "It shows that India has [a] modern, capable law enforcement."
UBS Securities analyst Adam Frisch doesn't believe the outsourcing boom will end, especially as IT services companies continue to grow and new capabilities such as consulting and infrastructure management are introduced. He said, "We do not think the fundamentals of a growing and still-nascent industry [will] change in a three-month period."
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