Recent surveys and studies on outsourcing have concluded that outsourcing will stay in the future. Most organizations in the US and other European countries will continue to outsource non-core functions such as HR services, IT services and BPO services to bring down their operating costs, to save on effort and to get access to better quality services.
The studies on outsourcing discovered that nearly 90% of business executives around the world believed that outsourcing definitively helped their business to get a competitive edge. They felt that outsourcing helped in getting the much wanted results for their businesses. Most of these business executives who were for outsourcing also said that even if one outsourcing partnership failed or didn’t meet their requirements, they would still continue to outsource and not give up on outsourcing. They felt this way because of the advantages that outsourcing offered.