August 9, 2010

The outsourcing industry in the Asia Pacific region has seen a drop in million-dollar contracts, according to the TPI Index. The region now has a total of $2.3 billion in total contract value, which is way lower than what the industry got last year.

For a company to stay in business, it must put most of its resources and efforts into becoming better at its core competency. Most firms can’t do that. For a company to operate, it has to have several departments in place that are not directly related to its main source of income, but are performing tasks that keep things running smoothly.