The Everest Group published a new report showing that global outsourcing and offshoring transaction volume in the fourth quarter of 2009 was not too different from the previous quarter. The report states that American and European buyers are continuing their offshore activities which has resulted in new jobs at leading Indian suppliers.
The report summarized the following:
* 71 percent of the deals were for IT outsourcing
* Business process outsourcing was also a big winner in the fourth quarter, with over 25 percent of signed deals in this space
* Large ITO and BPO deals took place in thefourth quarter of 2009
* Three fourths of the total transactions were for North America and Europe
The Everest Group publishes reports that provide provide data and analysis of deals in the outsourcing and offshoring market.