neoIT issued its annual predictions for services globalization industry.

In 2006, neoIT sees two major trends dominating the growth of the global services industry: the advent of true "services globalization" as outsourcing moves beyond mere cost savings to the full-scale leveraging of the unique capabilities of supply markets to source IT and back office services. The other major trend is the enhancement of "services sourcing options" as service providers mature and as new supply locations emerge. As the global services sourcing platform becomes more sophisticated and complex, this will necessitate the presence of global sourcing experts in each organization.

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