Filed in archive Outsourcing News by Carol Kendrick on September 29, 2006

Many IT firms are now moving away from the conventional method of having only a Single outsourcing provider.

This was the result revealed by the latest survey done through 100 global 100 CIOs. Statistics from the survey also showed that 45% of the respondents revealed that they are in favor of utilizing multiple outsourcing vendors in order to distribute the company's project requirements. Only 17% revealed preference for single providers.

I guess the result just shows that more and more firms are exploring the benefits of outsourcing as well as determining which method would work for them.

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Permalink: Multi-Vendor Outsourcing Preferred

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Response from: TeamGrowth (09/30/06 5:17am)

One of the reasons why single vendor outsourcing contracts are shrinking and multi vendor outsourcing is being preferred is due to the fear of the locking with a particular vendor in case of which the whole business suffers. Outsourcing to multiple vendors reduces that risk to some extent.

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