Outsourcing is currently booming internationally and how do we know this? Besides the updated stats which we will share a few below, a survey conducted by Bain & Company revealed that 82% of the largest companies in Europe, Asia and North America have some type of outsourcing agreement in place. Outsourcing is helping businesses stay relevant as well as provide businesses with a way to cut costs for years. With current technologies making it easier and quicker to provide exceptional customer service experience for every client, a more competitive global arena has seen businesses spend $75.2 billion on outsourcing security in the past last year only.
With this boom and the continuous advancements in digital systems, it’s no secret that a-lot more of business executives across the world are going to need to start getting onboard with outsourcing as it’s no longer limited to IT functions or customer service, it now ranges from healthcare, accounting to retail businesses, payroll processing and more.
Below are a few stats that show how Outsourcing is trending and how that may impact your business now and in the future. For more stats on Outsourcing see : 15 Must-Know Outsourcing Statistics (2020 Update)
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