Here’s the big reason why most of the big IT services companies are still struggling to accelerate: Many large banks have got into a do-it-yourself mode for their IT. Where once they outsourced work, they are now choosing to do more of it in-house, mostly in their own global inhouse centres (GICs) in countries like […]
Annual OM Awards changes title: Reflects expansion of local GBS players to overseas market
Outsourcing Malaysia (“OM”), a chapter under the National ICT Association (‘PIKOM’) will be holding its 9th Annual GBS Asia Awards 2018 (formerly known as ‘Outsourcing Malaysia Excellence Awards’) to honour outstanding contributions and performance by Malaysia’s top companies in the Global Services Sector (GBS). GBS Asia Awards will be held on the 18th October 2018, […]
2017: A Promising Year for Malaysia’s Global Business Services Industry
While the global and national economy continues to face various external pressures, the Global Business Services (“GBS” and formerly known as “Shared Services & Outsourcing Industry, SSO”) industry is likely to buck the trend and register stronger growth in 2017. The projected growth is underpinned by various factors. These include, (but are not limited to) […]
Outsourcing growth picks up
The growth of China’s service outsourcing industry quickened in the first 11 months on strong overseas demands, latest data from the Ministry of Commerce show. Chinese businesses inked service outsourcing contracts worth 836.09 billion yuan (US$120 billion) during the January-November period, up 17.5 percent year on year. It was faster than the 9.5-percent rise seen […]
