Outsourcing industry faces consolidation

This important think piece contains some very important ideas and is highly recommended.

Forrester Research has released a new report that states that the global outsourcing industry could face consolidation due to low-cost global competition and broken business models.

It suggests that the current top line Indian companies will have to rely on acquisitions to compete with the global Western giants.

The report also delves into the role of the private equity funds in driving consolidation. The Hindu Business Line