Outsourcing Market Sees Growth Leap

Outsourcing Market Sees Growth Leap
SupplyManagement.com

Any new business sector that is growing 30 percent a year is newsworthy, and that is the reason for this article about procurement outsourcing, which has not only seen such growth in recent years but is expected to hit its "next growth phase" soon, according to a recent study by Everest Research. The study found that suppliers in this nascent market are expanding and buyers that are able to watch the market and move quickly can find very competitive deals. Prominent outsourcers such as Accenture, IBM, Ariba and ICG Commerce represent 80 percent of the supplier market, but even the smaller players are expanding their capabilities and their offerings.

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