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Outsourcing industry 'will bounce back this year'
A desire to become more innovative and more flexible in operations will prompt growing numbers of businesses to outsource tasks to third-party specialists over the course of 2010.
That is according to new year's predictions from the International Association of Outsourcing Professionals (IAOP), which believes that companies will no longer turn to interim management solutions or to outsourcing specialists simply to save money in the short-term, but will do so because it also makes good sense in the long-term.
In particular, businesses of all sizes are expected to 'tool up with technology' and invest in the latest innovations to ensure that they emerge from the current downturn ahead of their rivals, while India and the Asia Pacific regions are also expected to emerge as top outsourcing destinations over the coming months and years.
At the same time, however, the IAOP has predicted that ongoing economic uncertainty means that temporary employment solutions, including interim management practices, will remain the best option for many firms.
Meanwhile, the Daily Express has reported that the NHS has spent more than £1 million on outsourcing the drawing up of its money-saving plans to third-party consultants.