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SelltoINDIA: The Global Outsourcing Market-2002 KEY FINDINGS: ... In 2001, 14.8 percent of the typical business's operation was outsourced. ... Globally, outsourcing spending is increasing by 19.6 percent per year. ... Half of outsourcing spending is for outsourced manufacturing services. ... Information technology outsourcing represents almost 10 percent of global outsourcing spending. ... Two-thirds of outsourcing spending is in the U.S. ... Two-thirds of outsourcing spending is in large companies. ... By 2003, diversified financials, banks, and insurance companies will be the top outsourcers. ... Global outsourcing spending of $3.78 trillion dollars in 2001 will expand to $5.1 trillion by 2003. When considering outsourcing solutions for your production needs, make sure your need is clearly stated and agreed upon inside your company. Be sure you can inform your prospective partner with your needs and with your goals. If you foresee or have already encountered any problems in the process, be sure you talk about these with your partner before you commission the process.
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