News of the Day

Hewlett-Packard Acquires HR Business-Process Outsourcer
Global CIO blog reported that Hewlett-Packard has acquired full interest in an HR business-process outsourcing firm formed as a joint venture between EDS and Towers Perrin in 2005 and called Excellerate HRO. Now that HP's wholly owned services unit, EDS, has full control over the venture, HP is likely to become more aggressive in courting outsourcing deals in the HR sector.

Horses for Sources Interviews Cognizant's CEO
One of our favorite blogs "Horses for Sources" posted an interview with the youngest IT and BPO industry leaders, Francisco D'Souza. Please use the attached link to read the first in a series of interviews.

Offshoring News

Research Agencies to Boost Outsourcing in the next 3 to 5 years
Source: Outsourcing Insider: Market research Outsourcing (MRO) is relatively new compared to other outsourcing segments. It has all the potential elements to grow into unprecedented levels, as current market conditions forced research cycles to be shortened in order to be more cost efficient. Data collection, processing and panel services are the top outsourced activities due their high offshorability. While project management, report writing and research design were determined to be the most difficult areas to offshore.

Research agencies are expected to boost outsourcing of non-core activities in the next 3 to 5 years, as shown in the data above. Industry experts estimate the potential for offshoring research services to be in the range of $8 billion to $10 billion in 2010. “This growth will be primarily driven by ‘rapidly growing’ and other ‘untapped’ opportunities”

The Future of Outsourcing: Implications

World Press.Com hosts an Offshoring blog (NOVA SPHERE BLOG) that maintains an up to date summary of current Offshoring issues. Their most recent post deals with the topic of what TEBO (turnkey enterprise back office) offers providers, buyers and advisers. You can access their blog via this link.