Sep 4, 2008 - Key Developments and Trends in Global Sourcing in Q2-2008 by Everest Research Institute.

TEAM International reviews and shares the major findings of the Market Vista conducted by the Everest Research Institute, one of the US leading offshore outsourcing research and consultancy organizations.

According to this review, Q2 saw a marginal increase in outsourcing transaction volumes and in the number of captive establishments: in Q2 global outsourcing transaction volume increased by 3% compared to Q1; captive announcements rose from 16 in Q1 to 18 in Q2, while captive divestures dropped from 3 to 2. In Q2 North America accounted for 39% of the transactions compared to 43% in Q1, while Europe accounted for 41% of transactions compared to 36% in Q1. In Q2 Europe witnessed 5 major captive announcements, Asia witnessed 10 announcements and Latin America – 2 announcements. In Q2 global sourcing witnessed a significant increase from the North American financial services firms – 46% compared to 26% in Q1. On the other hand, the participation of the European financial services companies in global sourcing transactions dropped from 35% in Q1 to 26% in Q2.

Full Market Vista Q2-2008 Review is available in PDF.