In the next few years, outsourcing is an industry that is expected to enjoy boom times across industries globally. TowerGroup estimates double-digit growth for both IT outsourcing and business process outsourcing in P&C insurance. This Research Note analyzes which vendors provide these services now, and which ones are likely to benefit from the growth in demand for outsourcing services going forward.
TowerGroup also draws a distinction between IT outsourcing and business process outsourcing. Business process outsourcing is a less mature field that should enjoy even faster growth than outsourcing in general. The Note focuses on those vendors who are best positioned to take advantage of this opportunity. Vendors reviewed include IBM, CSC, EDS, Andersen Consulting, and several smaller providers.
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