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Global outsourcing to grow amid recession - INQUIRER.net, Philippine News for Filipinos

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Global outsourcing to grow amid recession - INQUIRER.net, Philippine News for Filipinos
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Global outsourcing to grow amid recession

MANILA, Philippines--Demand for business process outsourcing services in Western Europe and North America will continue, a recent report from research firm Ovum said.

Companies cutting down of costs to focus on core skills amid economic pressures brought about the global recession were among the major drivers for global outsourcing, the report said.

Uncertainties in the economy are also driving retailers in these two markets to protect margins by way of cutting operational costs, the report said.

Datamonitor Retail Technology analyst Christine Bardwell said retail firms are looking to generate revenues efficiently while continuing to manage ...

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