Wanted: Outsourcing Providers

Filed in archive Outsourcing News on October 30, 2006

More and more firms are now into outsourcing because the demand for outsourcing providers are certainly on the rise.

This was the conclusion included in the research report done by the ARC advisory group. Here is an excerpt from the said research:

The worldwide market for offshoring services in the manufacturing sector is expected to grow at a compounded annual growth rate of over 22 per cent over the next five years. The market crossed $5.6 billion and is poised to exceed $15.2 billion in 2010.

Interesting information. Based from this research findings, firms are now more open with the idea of outsourcing and recognizes that such business strategy could help their companies.