Haynes and Boone's Newsroom
Outsourcing in a Troubled Market
12/01/2009
Outsourcing has been an important trend for about two decades. In the early years of the movement, the financial industry led the way with large information technology outsourcing (ITO) projects. It later added business process outsourcing (BPO) projects.
The financial industry's more recent influence on outsourcing has resulted from adverse market conditions. The economic downturn, coupled with scandals and political pressures, all threaten to slow the growth of outsourcing transactions.
Despite these barriers, outsourcing continues to add value to operations, and can help weather the economic downturn.
There are generally three outsourcing delivery models: onshore, near-shore and offshore. For either ITO or BPO projects, the service can take place in any one of them.
Reprinted with permission from Executive Counsel, November/December 2009. To read the full article, click on the PDF linked below.