During the 2009 IAOP World Outsourcing Summit held on February 16-18 in Carlsbad, California, TEAM International collected and validated information among the most reliable and knowledgeable market analysis professionals and came to the conclusion that the following 5 trends are most likely to catch on in the coming months:
1. Enhanced Nearshoring
As a term, nearshoring (nearshore outsourcing) means offloading all of or part of the processes to be completed by a vendor located in the geographically closest region. This trend will be most observed in Europe. According to the IAOP, Europe is currently outpacing US in closing outsourcing deals. The number of offshoring contracts rose in Europe by 17 percent from 2007 to 2008 and hit 271, compared to 243 US deals closed. continue reading…