Globalisation has evolved from individual companies leveraging a few resources offshore to countries now vying to be the next destination for technology and business process outsourcing.
The 10 key future trends for 2007 are:
- SMEs driven by private equity investors will become significant participants in services globalisation.
Tholons report states that the year 2007 will be that of SMEs, who will play a significant role in the services globalisation arena. Anticipating the next wave, Private Equity (PE) investors, who are flush with funds, are all set to power the SMEs by investing up to $5 billion in the Indian market to fund the expansion plans of Business Process Outsourcing (BPO) and Knowledge Process Outsourcing (KPO) firms.
