Introduction To Outsourcing Terminology For Lawyers 9

In 2010 the market for information technology outsourcing (ITO) worldwide was reported as $270 billion and for business process outsourcing (BPO), $165 billion. Recent estimates predict that between 2011 and 2014, ITO growth will be 5 to 8 percent per annum and BPO growth will be 8 to 12 percent per annum.[1]

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[1] http://books.google.com.ph/books?id=O2MADJDOKNQC&pg=PA8&lpg=PA8&dq=In+2010+the+market+for+information+technology+outsourcing+(ITO)+worldwide+was+reported+as+$270+billion+and+for+business+process+outsourcing+(BPO),+$165+billion.+Recent+estimates+predict+that+between+2011+and+2014,+ITO+growth+will+be+5+to+8+percent+per+annum+and+BPO+growth+will+be+8+to+12+percent+per+annum.&source=bl&ots=awG8Oc1-Rp&sig=gkAUqW8FCWs04TOSSInLWjcN6yo&hl=en&sa=X&ei=_xL7UpbHKYfkkgW1toGIBQ&ved=0CCgQ6AEwAA#v=onepage&q=In%202010%20the%20market%20for%20information%20technology%20outsourcing%20(ITO)%20worldwide%20was%20reported%20as%20%24270%20billion%20and%20for%20business%20process%20outsourcing%20(BPO)%2C%20%24165%20billion.%20Recent%20estimates%20predict%20that%20between%202011%20and%202014%2C%20ITO%20growth%20will%20be%205%20to%208%20percent%20per%20annum%20and%20BPO%20growth%20will%20be%208%20to%2012%20percent%20per%20annum.&f=false