Outsourcing is often viewed as involving the contracting out of a business function - commonly one previously performed in-house - to an external provider. In this sense, two organizations may enter a contractual agreement involving an exchange of services and payments.
Of recent concern is the ability of businesses to outsource to suppliers outside the nation, sometimes referred to as offshoring or offshore outsourcing (which are odd terms because doing business with another country does not mean you have to go offshore) In addition, several related terms have emerged to grasp various aspects of the complex relationship between economic organizations or networks, such as nearshoring, multisourcing and strategic outsourcing.
Buoyant Mitie lifts pre-tax profits 8.9%
May 21 - Financial Times
Buoyant Mitie lifts profits 8.9%
May 21 - Financial Times
Serco confident after contract wins
May 14 - Financial Times
Capita prepares for acquisition spree
Apr 24 - Financial Times
Alliance Trust rules out outsourcing
Apr 03 - Financial Times
Mouchel eyes ‘dilutive’ equity raising
Mar 29 - Financial Times
Air Canada pilots brace for low-cost fight
Mar 06 - CBC
Two ‘Big Four’ auditors fail in ex-quango bid
Mar 04 - Financial Times
Serco gets a fillip from Asian profit
Feb 28 - Independent
Serco profit up as Australia and Asia drive growth
Feb 28 - Independent
7 bank unions call for strike on February 28; services may be hit
Feb 26 - The Times of India
Capita contract wins hint at bright 2012
Feb 23 - Financial Times
Kier hit by cuts to council budgets
Feb 23 - Financial Times
Outside the Box: What it will take to bring back American jobs
Feb 23 - MarketWatch
Foreign focus crucial for support services
Feb 19 - Financial Times
Outsourcing revenues: TCS closing in on Accenture
Feb 10 - The Times of India
South Africa: Leading BPO Company - Building On the Successes of 2011!
Feb 01 - AllAfrica News
Serco looking to axe 500 jobs in shake-up
Jan 26 - Financial Times
India Inc to Obama: We are creating jobs in US, Europe
Jan 26 - The Times of India
Jan 24 - The Times of India
By IBTimes IN
Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro announced the launch of its first corporate iPhone app - Wipro Buzz on Wednesday. (May 23)
By Reuters
Citigroup said it has a cautious view on the U.S. small-and mid-cap companies on concerns over earnings pressure in the second half amid the euro zone crisis and the political uncertainty in the United States. (May 22)
MORE TOPICS: CITIGROUP
By IBTimes
The Worldwide IT outsourcing (ITO) market grew 7.8 percent from 2010, with the revenue totaled at $246.6 billion in 2011. It was the Indian-based IT services providers and providers rooted in cloud-based services that delivered the highest growth rates in 2011. (May 21)
By Reuters UK
The top share index bounced slightly higher on Tuesday after sharp falls in the previous session, as investors bought beaten commodity and banking stocks, though the market remained volatile against a backdrop of euro zone uncertainty. (May 15)
MORE TOPICS: MERRILL LYNCH, FTSE, CREDIT SUISSE, INVESTMENT
By IBTimes UK
Mitt Romney is described as a "vampire" sucking the life out of a business in a new campaign ad for Barack Obama. (May 14)
MORE TOPICS: BARACK OBAMA, UNEMPLOYMENT, ADVERTISING, MANAGEMENT, INVESTMENT
By Reuters UK
Outsourcing firm Serco <SRP.L> said almost 4 billion pounds of contract wins in the first half of the year and an improving outlook in Britain left it confident of meeting 2012 targets. (May 14)
MORE TOPICS: FTSE
By Reuters UK
Outsourcing group Serco <SRP.L> said it has agreed an extended deal worth about 1.5 billion pounds with Britain's Ministry of Defence to provide and maintain the country's nuclear warheads. (May 11)
By IBTimes
International Business Machines Corp. (NYSE: IBM), the No. 2 computer maker, opened a new services delivery center in Costa Rica, spearheading a $300 million investment there. (May 10)
MORE TOPICS: IBM, NYSE, INVESTMENT
By IBTimes
Cognizant Technology Solutions Corp has lowered its full-year forecast due to a slowdown in demand for IT outsourcing. (May 08)
By IBTimes
And we're off! Like the starting gunshot during Saturday night's Kentucky derby, the Obama campaign has signaled that the general election has begun. (May 06)
MORE TOPICS: BARACK OBAMA, UNEMPLOYMENT, JOE BIDEN
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